“I have now to report the continuance each day of numerous arrivals of food cargoes here; the additional number during the present week (mostly maize laden) considerably exceeds 100 sail, several being American ships of large burthen; and although many have proceeded to other ports, the number afloat, waiting orders or sale, has been fully doubled. I cannot estimate the fleet this day in our harbours at less than 250 sail, nor the contents at much under 50,000 tons. Indian corn may be purchased at 14ℓ. by the cargo, and retailed at 15ℓ. per ton.” It now began to be perceived that more was to be expected from the collective exertions of the merchants of the United Kingdom, than from the Admiralty or the Commissariat. The whole quantity of corn imported into Ireland in the first six months of 1847 was 2,849,508 qrs., which was worth, at the then current prices, 8,764,943ℓ.; and the Irish market was, to use the words of the present Lord Lieutenant, “freer, cheaper, and better supplied, than that of any country in Europe where distress prevailed, and where those measures of interference and restriction had been unwisely adopted which were successfully resisted here.” The price of Indian corn, which in the middle of February had been 19ℓ. a-ton, was reduced at the end of March to 13ℓ., and at the end of August to 7ℓ. 10s. a-ton; and such was the quantity of shipping which flocked to the United States on the first intelligence of the unusual demand for freight, that the rate for the conveyance of corn to the United Kingdom, which had been as high as 9s. per barrel during the winter months, was as low as 4s. 6d. in May, and has since fallen to 1s. 9d. It may safely be asserted that these results would not have been obtained, if the great body of our English and Irish merchants and shipowners, instead of having free scope given to their exertions, had been left under the discouraging impression that all their calculations might be upset by the sudden appearance in the foreign market, of Government vessels and Government orders for supplies. The noble harbour of Cork was established as the house of call and entrepôt for the grain ships bound to every part of Western Europe; and the merchant being now free either to sell on the spot or to re-export, Ireland began to enjoy the benefit of her admirable commercial position, by getting the first, and largest, and cheapest supply.