STATE OF TIIE COUNTRY. — We have frequent opportunities of observing pretty
accurately the state of affairs as they affect the general body of the people; and we have known seasons of bitter distress and of transient prosperity, respectively depress and elevate various portions of our countrymen, particularly the produce five classes. But we must say, and we speak from personal observation, that in no period of our editorial life have we ever known such general and such hopeless distress as is now experienced throughout this county, by all classes, except stipendiary officers, and other public and private annuitants. There is no class ef men, connected with the commercial interests of time country, in which everyindividual (smith such exceptions only as serve to establish the rule) does not feel himself poorer to-day than he was yesterday. Trade seems at a stand-still; the bulk of the circulating medium is in comparatively large masses, there being little temptation for its employment; the ready money change of the people is gone; wages are low in the extreme; and employment at any wages can scarcely he had; time poor are actually suffering want; and the middle and tipper classes seem t° despair of any amendment.--liverpool Mercury. Tesue.—We are sorry to state that the cotton trade during the last three weeks has been gradually getting" from bad to worse." We do not recollect a period when the complaints of the manufacturers were so loud or so general. Powerloom cloth is particularly depressed, and is generally selling without profit to the Manufacturer. Fustians and nankeens are equally unprofitable and difficult to move. The demand for yarn for exportation affords the only material exception to the generalstagnation. But the foreign trade generally is much less active than it was a few weeks ago. The home trade is almost at a stand ; and we are sorry to add, there have recently been several failures among the drapers. The circumstance can, however, occasion no surprise, when the condition of nearly all classes of the community is taken into consideration.—Manchester Herald.
, Lust' REaretts.—Vast numbers of these men have come into this neighbourhood ; they have offered in some instances to work "for their victuals" until. harvest commences, for 6d. and even as low as 4d. a-day and "their victuals" during harvest ! We need not say that English labourers do not work upon such terms, and the consequence is, that they are deprived by the Irishmen of their barest-work which they look forward to as enabling them to pay their rent and to lay up something for winter. The consequence of this has been, that the English labourers have in seine instances attacked the Irish, and compelled them to seek safety in flight—Worcester Journal. .
All the Scotch Banks have given notice that after the 1st proximo their rate of interests on deposits will be reduced from three to two per cent.
Mu. BUCKINWIAM'S MISSION IN BEHALF OF I NDIA.—TilLt Edinburgh, Aberdeen, and Dundee papers, contain glowing descriptioos of Mr. Buckingham's progress in Scotland ; where he is now repeating, in all the large towns in succession, to numerous and interested audiences, his course of lectures on the Eastern World. At Dundee, some of the principal merchants waited on Mr. Buckingham at his hotel, and conducted him to the lecture-hall, in their hunger and thirst for the glad tidings of Hindou markets.
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