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pose Stat weel high and howeve determined advocate for regular nominations, and a firm supporter of the time-honored usages of the democratic party, felt it his duty to sustain the
nomination of Wm. H. Crawford for the Presidency, in 1823--4. At this time a large portion of the people of New-England were in favor of John Quincy Adams, and the Boston Statesman felt the blighting influence of an unpopular cause, in the diminution of its subscription list, and the loss of business in every way that could be devised by the supporters of Mr. Adams. The termination of that contest having shown that General Andrew Jackson, although at the time entirely without a party in New-England, had commanded a larger number of democratic votes than any other candidate, Mr. Greene immediately assumed that that fact was the most effective and legitimate nomination that could be given, and pointed him out as the most suitable representative of all those who had opposed Mr. Adams, and who were resolved to mark their indignant dissatisfaction at the manner in which that gentleman had been elected by the House of Representatives, by a determined opposition to his administration. From that moment, the Statesman gave to the cause of Ceneral Jackson a firm, consistent, able and efficient support through the whole struggle, which resulted in his election in 1828. This was done, however, under circumstances which required great firmness, energy, and moral courage, and at a pecuniary loss, which left Mr. G. at the commencement of General Jackson's administration, involved in debt to a heavy amount. In 1829, Mr. Greene received and accepted the appointment of Postmaster of Boston. Entering upon the office, he disposed of his interest in the Statesman to his younger brother, Charles G. Greene, who continues it to this day as a weekly paper, in connection with the Boston Daily Post, with what ability, its just reputation renders it unnecessary for us to say. Retiring as much as possible from the turmoils of party strife, Mr. Greene now devoted himself to the duties of his office, which he discharged to the entire approbation of the Government, and the very general satisfaction of the public, until the accession of Mr. Tyler to the Presidency, when he was ejected to make room for an aspiring politician who had taken an active pari in effecting the political revolution of 1840. But if one of President Tyler's first acts was to dismiss Mr. Greene from office, one of his last was to invite bis acceptance of it a second time. Mr. Greene did accept it, and still continues to discharge its duties, in a manner which renders him now, as ever, one of the most popular officers of the Post Office Department.
During Mr. Greene's official life he has had the good sense and good taste to occupy his leisure hours in literary pursuits, which, beside the pleasure they have afforded him, have been a source of niuch gratification to the public. Those of his translations from the German, French and Italian, which have been published, and there are some half dozen volumes of them, have been pronounced by the North American, and other Reviews, to be remarkable for their faithfulness to the originals, as well as for the beauty and purity of the language in which they are rendered. One or iwo interesting tales have been translated by Mr. Greene for this Review, and, if they have been appreciated by our readers as by ourselves, further contributions from the same source will always be acceptable.
FINANCIAL AND COMMERCIAL REVIEW.
The business of the year that closed with September, which was the termination of the old fiscal year of the federal government, and is so of the commercial year, has probably been one of the most profitable to all classes of industry in the United States that ever has been experienced since the formation of the Union. The quantities of produce of all descriptions that have been sold, have been larger than ever, and they have realized greater profits to the producers, while the trading and shipping classes have sustained fewer losses. While the sales of produce have been very large in amount abroad, they have also been extensive at home; and the natural result of these profitable sales has been the increased purchases of domestic goods at higher prices. Tnat is to say, now, at the close of the fall season, when the importations of foreign goods has been nearly double what they were last year, the enhanced production of domestic fabrics has resulted in smaller stocks and higher prices for the leading descriptions. Wben the present tariff came into operation, it was fearlessly predicted, and no doubt honestly believed by those manufacturers who allowed their opinions and views to be biassed by political considerations, that the business of the domestic manufacturers would be injured by the reduction of the duties under the tariff of 1846, and the competition which enhanced imports would effect. The experience of the year has been, that the imports bave been very large, greatly enhancing the revenues of the government, and at the same time domestic goods bave been produced in an increased ratio; yet the season closes with small stocks, and prices higher than at the close of last year. As an indication of this, we may mention that the consumption of cotton in the United States, irrespective of the quantity taken by consumers from plantations direct to the factories of the south, has been 459,112 bales against 443,075 bales last year—an increase of 16,000 bales over the largest quantity ever taken by consumers. The prices of the leading cotton goods in New-York have been as follows:
PRICES OF COTTON GOODS IN NEW-YORK.
Oct. 6. 1846. 1847.
1846. 1947. Shirtings, brown, 3-4 p yd.... 5 a 5... 5 a 5% Kentucky jeans.
20 a 40 .15 a30 Do bleached.. 6 a 8 6 a 8 Satinets...
30 a 65 ..25 a60 Do S. I. do... 7 all 7 all Checks, 4-4
8 al 2 7da10 Sheetings, brown, 4-4.. 61a 8 6ļa 82 Colton Osnaburgs. So. No. l. a 9 Do do 5.4.......10 al2 ..10 al2
do So. No. 2. a 8 ... a 9 Do bleached, 4-4...... 7 al2 8 al2 Collon yarn, 5a13 p lb.......14 al5 ..17 al8
Do do 5-4.......12 a 15 ..12 a 15 Do 14a19 .......17 al9 ..18 a 20 Calicoes, blue..... 7 a12 9 al2 Do
20 and one ct. Do fancy. 6 al4
on per number.
20 a21 ..20 a 21 Brown drillings, Suff. Co.'s..
. a 8..
.. 7 al5
. a 9
This presents a very general advance, and by no means indicates those diminished profits and reduced productions which it was confidently predicted would result from the changed policy of the govern'nent. The true mode of promoting the interests of manufacturers is, undoubtedly, to enhance by extended foreign markets the general interests of the country. The improved trade created by the last year of extended exports, has redounded more to the interests of the American manufacturer, by far, than to those of Great Britain. The great valley of the Mississippi has poured down unwonted quantities of farm produce, attracted to the seaports by the foreign demand. Their quantities and values are indicated in the following table :