Egypt, to be sent to France, Italy, and Belgium; and it was not till late in the season, that our prices rose to a point which turned the current of supplies towards England and Ireland. The Indian corn crop in the United States this year was very abundant, and it became a resource of the utmost value to this country. In the third year (1847) the disease had nearly exhausted itself. It appeared in different parts of the country, but the plants generally exerted fresh vigour and outgrew it. The result, perhaps, could not have been better. The wholesome distrust in the potato was maintained, while time was allowed for making the alterations which the new state of things required. Although the potatoes sown in Ireland in the year 1847 were estimated only at 1/5th or 1/6th of the usual quantity, it would have been a serious aggravation of the difficulties and discouragements under which that portion of the empire was suffering, if the disease had reappeared in its unmitigated form. The crops of wheat, barley, and oats, in almost every part of the United Kingdom, and in most of the neighbouring countries on the Continent, were this year, to use the epithet generally applied to them, magnificent; and it became more and more apparent on the brink of what a precipice we had been standing, as the unusually small remaining stock of old corn came to light, and the exhausted and embarrassed state to which every description of business had been reduced, notwithstanding the advantage of a good harvest, gradually declared itself. Among the numerous causes which enhanced the difficulty of obtaining adequate foreign supplies at moderate rates during the most exigent period of the winter of 1846-7, one of the most embarrassing, was the sudden and extraordinary advance in freights, which occurred simultaneously in the ports of the United States of America, the Mediterranean, and the Black Sea. Vessels were not obtainable in the Black Sea and the Danube at less than 18s. and 22s. per quarter for corn, whereas the usual rates are 9s. and 11s.; while in the United States, where large shipments of grain, flour, and Indian corn, were going forward to Europe, the comparatively limited number of vessels caused the rates to run up to 9s. per barrel for flour, and 16s. and 18s. per quarter for Indian corn to British ports, the rates usually given being 2s. 6d. to 3s. 6d. per barrel of flour, and 8s. and 9s. per quarter for Indian corn.