13 MAY 1837, Page 2

The last accounts from Atnerica are not encouraging. The state

of mercantile affilirs is thus le telly described b) tele Neil York Spectator of the 18th of' A pi i I — " lt is needless to disguise the fact, that our city is in a fearful comlitioa; and not ours alone, since every conunetciat net n. hum Cagine to the 11.1tad the Mississippi, is either ahead)? or vei y .1011 will he, inviilveil iii the.rainwon. calamity. Nor will the artisati or the aeriruiturist escape: the distil Si CO the merchant must be followed by that of time mantifieturer, and with his wed or wo is involved the fate of the by mad the mechanic."