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The Daily Dispatch: may 6, 1861., [Electronic resource], Gen. Harney's account of his arrest and subsequent Adventures in Virginia. (search)
justify manufacturers looking forward to increased demands. At Birmingham, stagnation in every department is the order of the day. From America the orders are entirely nominal. The long-continued depression in trade is at last becoming serious as far as the artisans are concerned, so many of them having been employed not more than three or four days in the week, and the number of those who are unemployed has been on the increase of late. A number of heavy failures are announced. At Bradford, also, the American houses are either out of the market altogether, or if they buy at all, their purchases are insignificant in amount. At Newcastle-on-Tyne it was thought that when the new American tariff came into operation it would entirely stop the exportation of coals thence for the United States; but in consequence of the low freights that now prevail, a large quantity is being shipped. Of course, by the operation of the tariff the American consumer loses all the advantages of the l