AMERICA.
The state of business in the United States is thus described in a letter from Boston, dated the 7th of last July:—"The commercial world over the globe seems paralyzed, and many manufactories on a large scale, with the proprietors and stockholders, have failed, and are utterly ruined. All business is confined to the wants only of the day, teaching a necessary absolute economy, which men of business in times past have not been accustomed to."
Rice Paper is the pith of the Tong-t-sao—a valuable Chinese tree.