The New York Express, OF Friday even

ing, says:
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ing, says:


The Caledonia brings larger amnrni
Of gold ard silver than any preceding
steamer, viz. nbou, iva and hall mi.iun,
Of dollars. More !. yet 10 cone. iDf O
large insurance, We hear. has becn made
on the steamer Tor the iih OF May. These
sums, added TO the $4,000. 900 We already
have in this city, make more than any one
wishes to have on this spot, an1 much Of
which would be- useful were il in New Or.
leans, or dIlluscd throughout the country.
Such has been the drain upon the Bank Of
Engand (which for America alone, proba.
bly amounts 10 s25,0OO,GO0) that II has
pat up the rate oi interest 10 i've per cent.
This was done April 8, but, as the raise
was generally anticipated, It excited less
sensation than might have been expected.


The object Of this rise in the rate Of inter.
est is 10 knock down prices in England,
and to send British goods to America in.
stead Of specie, az well rs to send home
our stocks. lis tendency, no doubt, will be
to increase imports here. aud TO that extent
lessen the prices Of our own manufactured
goods.