A correspondent sends us some figures confirmatory of a statement
Im•le in our last number, (article on the Corn-laws,) that though the experts of' 18:39 might exceed those of any previous year since lc 36, the trade had been forced and Unprqfitabte. In 1837, 19,100,60a yards of white cottons were exported to •Calcatta, value 4ti6,95.1/. This year, 33,169,437 yards, value 789,29V, have been shipped to the same part ; and yet oar correspondent asserts that the exports of this year will not bring home as much sterling value as those of 1837.
In all parts of the world where produce admissible for home use is to be had, the markets are glutted with British manufactures, which must be sold at a great loss. The merchants .conneeted with these countries have indeed the Glasgow manufacturers to ship largely by advances made oil bills of exchange, which the Scotch banks discount and renew till the produce of the shipment arrives.
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