24 SEPTEMBER 1842, Page 9

A London correspondent of the Leeds Mercury, " who possesses first-

rate information on the subject of our commerce and commercial re- lations," writes as follows- " I had lately a little hope concerning the French commercial treaty; but it has nearly left me again. The feeling hostile to the English connexion pro- duced in France by the unhappy treaty of July 1840 continues so strong, that I fear no Minister of that country, having the reputation (as M. Guizut has) of being friendly to England, would dare to sign a commercial treaty. Nor do I. think there is much hope of any early modification of the duties on linen and linen-yarns as they now stand." The same writer makes a probable conjecture respecting the supply ,offoreign cattle- . " As to your question concerning the importation of foreign cattle, my opinion is, that no great quantity can be spared from all foreign countries; but that the higher prices of our markets will bring over snore than can be spared, and that Una wilt goon until the prices here and abroad are so nearly on a level that the nrdinary profit cannot be longer realized on the importation. What quantity must be brought in order to produce this result, I do not think anybody can calculate or estimate."