24 FEBRUARY 1933, Page 18

A Hundred Years Ago

" Tim 8mm-remit," FEBRUARY 23an, 1833.

The news from the United States is not of much importance this week. The Prmident'slast message to Congress had been received in Charleston ; where it excited great indignation. A publio meeting was held soon after its arrival, at which many long and strong resolutions were passed in condemnation of its doctrines, and in defiance of its threats. Tho meeting, however, was of opinion that it would be fair and prudent to wait for the resUlt of the measure now before Congress for the reduction of the Tariff-duties, before proceeding to any acts of hostility towards the General Government. In spite of the determined- tone of the other resolutions passed at this meeting, this looks a little like a relinquishment of the haughty and uncompromising position which the Nullifiers have hitherto maintained.

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Nearly every branch of trade is in a flourishing state at present. We understand that this is particularly the case with the iron trade, which, after suffering a longer and deeper depression than any other branch of business, has begun to revive rapidly. Within the last throe months, the price of iron has advanced 33i per cent., or 11. 108. per ton ; and business is at present unusually brisk.