Star. — London, England, 1825-12-13 00:00:00

^' other cortingacies atcachekf to the collection thereof, as well skthe }fen nerds remaining to be disposed of: ansether statement he ing the amount expected to be col lected-4n the ensuing month, exhibiting the grounds on settee It the calculAt on is made, and finally a third, mani f sting t. e sesutt, in the same month of the previous year. 10. Inc• a similar pus pose, and ache same time, the Di rector General r:f Assessments shall require a statement, in which, after debiting the amounts ordered to be paid in during the preceding month to each department, those shall be therein stated which may have been paid rn account of each, as well as the caws why the same have not been completed, if this should be the case ; and , also a classified estimate of the amounts due in the fol lowing month,in conformity to the general one approved by me, on the estimates of the land and sea forces, as well as other items.-41. The documents ordered in the two preceding regulations shall be presented to the Council of Ministers, with such observations as the Mi nister of Finance may think proper to make thereon; and in conformity thereto the distribition above ordered shall' be made.-12. The differences which may result between the effective and estimated collection, and the same be tween the amounts due and thine dtawn for, shall be made up and equalized in the subs'equent payments, in such manner, that in the account corresponding to each year, it shall turn out that the expenditure has been proprrtioned to the proceeds of the revenue.— IS. The system hereby established shall begin to be ob served on the Ist January in the ensuing year. conse quently the Estimates shall be made out with all pos sible hreviiy.-14. In the Secretary's Office of the Fi nance Department, a short account shall be kept, shew ing the debits and assets belonging to the Royal revenue, and remaining at the close of the year preceding that of the account; the total amount of the taxes, revenue, and all branches constituting the same ; the amounts col lected on account of each, duly distinguished ; what sums are advanced to render those branches productive which require this aid; what payments were made on the other fixed charges of the revenue; what nett pro ceeds ate placed at the disposal of the Director-Gene eel of the Royal Treasury ; and, finally, the distribution made thereof, divided into as many parts as compose the sum total of the Estimates, in such manner that at anyYhour a statement may be bad, :hewing the aggre• gate expenditure and proceeds of the general revenue.— IS. In order that the aforesaid account may be kept with all the exactitude and distinction required, the Minister of Finance shall demand all the necessary do cuments and statements from the general departments of assessments and revenue, as well as from the other branches and authorities. (Signed by the King's hand). " Dose at San Lorenzo, this 14th November, 1525. "To Don Luis Lopez Ballasteros." THE EVENIN(i NTA It LONDON. TUESDAY, DECEMBER 13, 1825. STOCK EXCHANGE, TWELVE O'CLOCK. 'We have a repetition this morning of the same scene as took place yesterday. The old-established house of WILLIAMS. Bon- GZSII, and Co. Birchin-lane, has stopped payment this morning. Oa the first information of this event, there appeared to be a general consternation in the City, but it soon after abated. It is understood that this house has another connection at the West-end of the town lately established. Consols opened, after the above was known, at 112}; for the Account, but soon after went up to 115, consequently the stoppage of this house had but little effect on the Compel market. . The Foreign market remains steady. • Current Prices; Old Spanish 14 I, Russian BCI, Mexican 62i, Austrian 901, Columbian New 60; 1, Brazilian Scrip 14 14 disc. Greek Bends is 1.7 disc. PPUCR 'OF STOCKS AT TWO O'CLOCK. Bank Stock 200 203 '202% 31 er Cent. Red. 7931. 79 807 8 1 / 4 3 per Cent. Cons. Shut. per Cent. 85 86 • - 31 per Cent. Red. 85 82% 85% 84 85 1 ,4 4 per Cent. New Shut. Long Ann. 19 3 /s India Bonds 34 .0 Old Annuities 80% £l,OOO Excheq. Rills 32 38 28 dis. £5OO ditto 17 34 30 £3OO and £2OO ditto 8 10 Cons. for Account 82% 83 1 / 4 82N 83% % EXCHANGES. AMSTINDAN, Dec. 9.—On Loudon, 40. 2M. 39. 9. VIZIINA ) Dec.l.—bletalliques 951. Bank Shares 1 191 S-10. FRENCH FUNDS, Pam's, Dsconia 10. 'Five per Cents. opened at . . 96f. Lowest . 951. 60e. Closed at . . 961. Three per Cents. opened at . Highest • ▪ 62f. 7.5 c. . 64f. 85c. Closed at Bank Stack . 611. 70c. . 2090 f. Reines d'Espagne . • . lit Royal Spanish L oan, 1823 . . 491 t. Ilaytian Loan . . . goof. . FOREIGN FUNDS, TWO.O'CLOCK. . Austrian lids 5 p Ct. Mex. Scrip, . Ditto Acct. Neapolitan Bonds, Brazilian Bonds, Pestle. 13.15, 6 p C. Do. Scrip, 5 p C. 1825, Ditto Acct. Ditto Acct. Ditto Scrip s 182.5. 6p C. . Mewls Ayres Bonds Portuguese Bonds Chiba.' Bonds, 6 p Q. Pros Lid.. 5 p C. 94 93 Ditto Acct. 55 Do. Bonds, 1822, Colombiarillds,6 p C. 571 Russ. Bils,likie, S p Ct. 85 Do. 114 s 1824.601 501 4 .60 . Ditto Acct. 861 51 l!o. Acc. 601 591601 1 601 Span. 3 p Ct. C. 141 Danish Bonds, 991 Ditto For Acc. 141 • Do. Narks Ditto 510, Dittoßends,3 p Ct. 1825,59 'Span. sp. Ct. C. 1823, Creek Bonds 'French Manes, 5 p C. * Do. Ms, 1825, Exchange, • Ditto Acct. 5 p C. ,French Bente', 3 p C. :Mex. Bonds sp. Ct. S 3 6 4 I Exchange. 1)o. 8d5,1825,6 p Ct. 621 11 21 Guatemala Scrip, dis. Do. Acct. 621 11 21 1 . I Ditto Acct. dis. . • BRITISH AND FOREIGN SHARES, TWO O'CLOCK* INA IL PA 11. Anglo Mexican 5 pm. 100 35 58 40 • . Hibernian - • 50 4 111 Pasco Peruilan - 100 5 51 Potosi, La l'as, & Peru*. AO 5 )2 / i Protector Fire - 20 9 ill Equitable Leon Bank - AO . . 1 • / Imperial Plate Glass 100 s i . . Yesterday will ling be remenabere4 as one of cheinost disastrous epochs in the commercial calendar which has been known-for many years. 'Hadnur foreign re_ iations wore a gliamiy aspect—had there been any -Prospect of war—if a heavy loan were about to be willed for, sccoropaniesl b .3 inseoarablq compapiol4, an increase of taxes and a diminution of trade—then, cited, in those circumstances, we could have conceived very easily why there should have been a general rush upon the money market, and why there should have existed one universal thirst for pecuniary supplies, to the end that each individual might swell his particular hoard, in order that he might be in a situation to take advantage of events afterwards occurring, and realize a higher interest upon his capital. But in a time of the most profound and perfect peace, when loans are neither wanted nor cared fora—when the public revenue is flourishing, and every additional year, notwithstanding the remission of Eighteen Mil lions of Taxes, presents an increasing surplus—when foreign turtle has advanced to an unprecedented mag nitude; and domestic commerce is in excess—in such a state of things, to see the prevalence of an insane panic extending itself like wild-fire, and creating the very evils it would fly frem, does, we freely confess, lessen in our estimation the high character of the people of this country, as a sober-minded and reflecting nation, and expose to the whole world infirmities in the temper of Englishmen, such as could hardly have been con ceived or credited. On a return to peace, it was very natural that persons who, during the pressure of war, had encumbered their estates with heavy debts, at a high rate of interest, should seek relief 'when capital was abundant, and change their old creditors for new lenders contenting themselves with a smaller rate of profit. It is also possible that estates were further encumbered by addi tional debt contracted on easy terms, with a view to extensive and permanent improvement. But, in all these cases, capital only changed hands—it neither increased nor diminished in quantity. We are, there. fore, completely at a loss to conceive by what chain of reasoning our cotemporaries are able to satisfy their own minds that the present demand for money has been in any degree superinduced by lending on mortgage, when there is before their eyes the incontrovertible fact, that the circulating medium of the country is not in excess; that the Bank of England, lending itself in no degree to the late rage for sreculation, has prudently and dis creetly kept down its issues to a very low point; and thereby of necessity checked excess of issues on the part of Country Bankers : and, lastly, that the precious metals are so abundant and low in price, that they may be purchased and carried to the Mint, and there con verted into coin at a positive profit. The immediate and only cause of the present cala. laity is most evident. It arises from universal distrust. Every commercial man, and every man whose credit depends upon punctual payment of forthcoming en gagements, is, from a sense of self-preservation, com pelled to draw in his money and lodge it in his own coffers to await the event—thereby distressing his • debtor, and draining his banker, neither of whom are able to meet such overwhelming calls. Even while these observations are writing we find the alarm coot;:; , nues unabated, and the ',loudest and most renowned of our banking establishments giving way under the shock. To prevent universal disaster, therefore, we hope al paternal Government will interfere instantly. The re medy is prompt and at hand. Let an issue of Exchequer Bills at still higher interest take place immeiiakely, in exchange for those now afloat, of whatsoever dettlip tion, and to any amount. Let them bear three pence per diem. The loss - of interest is trivial— they can be called in at a more prosperous pe riod. This will restore to circulation a vast mass of property now absorbed by the hoarders. Let the Bank be entreated, in the most energetic terms, to advance mosey on those Exchequer Bills to satisfy in cash the holders of old Bills, s ho refuse to take the new in exchange; and a% money is thus poured into the market, let it be absorbed by the Bank gradually, by means of a sale of the new Bills. During the last war, the issues of the Bank reached to thirty-five millions. They are now scarcely half a• much. There can be no danger then, in their ad- vancing even to the amount of twenty millions on the proposed New Exchequer Bills; but the half of that sum, in addition to the forthcoming dividends, will be more than sufficient. If the Bank refuse, then let Government convene by selection, a chosen number of the principal Merchants and Bankers,and make them the same offer ; empowering them, by a Royal Charter, to issue debentures, in sums of Ten Pounis each, until the meeting of Parliament, when they may, rely on an indemnity-, and on the gra titude of their country. This, in fact, is but a subdivision of the Exchequer Bills themselves, and will at once supply a circulating medium to the amount of forty millions, if necessary, and compel the money hoarded during the present panic to reappear in the • Market. It is melan choly to see the destruction of funded property which is now occasioned by forced sales—and it is the bounden duty of Government to devise immediately the means of checking 4 1 disaster. In another column we have - inserted some remarks of our contemporaries on the present feverish state of public credit. CITY, HALF-PAST ONE O'CLOCK. The City is still much agitated, more, however; with false rumours and unnecessary alarms, than with any real calamity, although the old established banking house of WIDLIAMS and Co. in Birchin-lane, has, this day, 'suspended its payments. As this house, though 'highly respectable,did not carry on a very extensile busi ness, and was only agent for about tea or twelve country bloke's, it did nbt excite so much consternation as was created yesterday, and the Funds were not affected by it. Indeed they have, on the coatrary, improved con• siderabiy, Consols being now 831. This is suppostd to , be owing to a very confident opinion that the B.►nk of • - galena is about to advance mnhey tithe Bankett on their Stock ; the Bankers, too, in their turn, are sup the cow Banks by large remittances of cash. porting untry The great Colossus of the monied world, Mr. ROTHS CHILD, is said to be very liberal in his assistance, and to have advanced 350,0001. to one house yesterday, in contemplation of any sun that might be made upon it. It is reported that this Gentleman had an interview with the Bank Directors on Sunday, %hich continued some hours. h is very confidently stated in the City, that the house of WILLIAMS and Co. will soon resume business and pay all demands, as Mr. WILLIAMS, the principal partner, inherited a fortune of two or three hundred housand pounds from his faiher, the late ItoBERT WILLIAMS, tsq. of Moor Palk, Hertfordshire. The doors of the Banking house are kept open, and persons in attendance to answer all enquiries. This forenoon we received Dutch Papers to the I lth inst. One of them, the Amsterdam Courant, of the 10th inst. ceutains a curious article from Frankfort, in which, after n - nicing the changes that have taken place in the Cabinets and the Coops Diplontatique of Europe,ancl the appointment of Count APPORUY as Ambassador nom Austria to the Court of London, we ate told that 4. he enjoys the ft iendship of the Cardinal Secretary of State at /i nape, and may thus intervene with effect in Me affairs of the Catholics in Ireland, in which Pope Lao XII. is said to have solicited the support of Austria." That the POPE may have made such a request, we doubt not ; but that the EMPEROR of Austria Hill per mit, much less authorise, his Ambassador to become the Popes Nuncio—the ally of the Catholic Association,and a medd:er between his Britannic MAJESTY and his sub jects, we will not believe. If he did, Count APPORUY would not long remain accredited to the Court of Sr. James's. The following isthe article to which we allude i FRANKFORT, DEcnntra• 5. The great changes which sometimes take place among the Ministers of Europe, afford a key to the politics of the day, and it is not surprising that people are at this momelt very attentive to what takes place in the higher , branches of the administration of different Governments. Prussia has now at the head of its War Department, Feld Marshal Gneisenan, the 'same who was Chief of the Staff of the Prussian army in 1814-1815, of whom it was said at that time, he was General of the (yficers of that army, and Blucher General of Me Soldiers. Toe King of Prussia has also appointed him Minister for Foreign Affairs, a nomina• tioo which perfectly chews the character of the Prus sian Govern7ent. In Austria, the celebrated Count 13e11egarde, Chief of the War Department, who, during the Imperial Go vernment in France, was long charged with that im mense burden, has been allowed to retire, and his suc cessor is the Prince of Holtenlobe Ifechingen, who is 'sa'd to be' an intimate Irie , td of Pi ince Metternich. What especially exercises the sagacity of observers, is the removal of Prince Esterhazy from London to Paris, and his being succeeded by Count Apporuy, who has Vett long at Rome, and was lately sent by Prince Metternich on a mission to Naples. It excites surprise that Prince Esterhazy, who is fond of London, and en joys the favour of George IV. and who has much ex erted himself to retain the Embassy at London, should be obliged to give up the post which he prefers. It is af firmed tha. Prince Metternich feels the necessityofleaving at Paris a great Nobleman, who being opulent might live on a splend d footing, and being initiated in the diplomacy of the British Cabinet, might, on occasion, be employed between London and Paris. As for Count Apporuy, he unites all the qualifications of a powerful Nobleman and an experienced Statesman; he enjoys, besides, the friendship of the Cardinal Secretary of State a: Rome, and may thus intervene with effect in the affaiis of the Catholics in Ireland, in shich Lso XII. is said to have solicited the support of Austria. This latter circumstance explains how Count Apporuy, after being employed in secondary missions, his been raised at once to the first Embassy in Europe. In fact, Austria could not find a person better calculated to till such a post in delicate circumstances, anti at a moment when the policy of Rome acts such a great part in the diplo macy of Europe. We have received the Etoile of Sunday. It contains an article from Rome, stating that, " at the desire of a foreign Government, the police has seized the papers of the Prince de Montfort (Jerome Bonaparte), in the soli tary chateau near Ferno, on the shores of the Adriatic, where he passed the last summer. Madame Murat has asked permission to reside at Rome, but has been. refused. The Collet De St. Len (Louis Bonaparte) wants to !eerie Rome and settle at Florence, but has not yet found a purchaser for his palace at Rome." Accounts from Presburg of the 29th ult. state, that the Royal resolution of November 9, in answer to the complaints of the Diet of Hungary. had made a very disagreeable impression, stud the States were on the point of repeating their complaints, perhaps in still stronger terms. But in the proposal of some less ardent Members, the Diet resolved to ask the mediation of the Archduke PALATINE, who set out for Vienna, and represented the. real state of things to his MA• JEETT, • when the: declarations of his august brother tranquillised the minds of the Estates. This forenoon we received Frankfort and other Ger man Pipers to the 7thitist. They contain some intel ligence trim, Greet* The Oriental Spedator of the 28th of October states, that the Turco-Egyptian fleet (which a French Journal reports had, to the amount of l one handled and thirty-nine sail, arrived at Modon and, Nkvariho, on the 4th end gib ult.), passed Rhodes on L the 21st of October. The land forces are under the -i•I 9 ' eoshmand of MICHA REU Biz who i s c h arged to sor, sede RXDSCHIIb PACH A. in the si ege of Missoinr unless he takes that fortress in th ree days Th • liz forces of the expedition are stat e d to consist of 14 ki cavalry, and 10,4.00 infantry, 2,00 e o f whorls p ert I be landed at Crete. ISRA tint PACHA is repres ente d as having, on fifth of September, taken by storm t h e little fortress of Ki puitc,,, and " put to the sword 1700 soldiers a n d ot h er persons who sh‘ri in It." The Egyptian leader is repres ente d as laying Wane . Protrincel. it is known that Colonel navies wi th about 30e men, some tithe agd attempted to surprise Tripolizza, and hike The Oriental Spectator represents his force at 3000, which is et : tremely improbable. The same veritable chronicler states, t i. 4 great preparations for defence are makin g in the Greek i shr ... s, which are terrified at the new expedition from Egypt. FASHIONABLE INTELLIGENCE. The ham, Suffolk. Duke of Norfolk left town yesterday, for his scat, F ora The Marquis and Marchioness . of Ch. olmondeley an d farnii Sussex. and Miss Cavendish have :ft arrived yesterday at their house an Piccadilly, , from tam 8,41 in Cheshire, 1 The Marquis and Marchioness of Clanriearde arriVed vesterd•T, at the Clarendon Hotel, Bond-street, front the Right (lon. 1r - town for Brighton. ' d s s La eat d , y Ea e rt . Ls,. Lord Althorp has left his seat in Yorkshire, for Northamp. tonshire. H u L g o k r islu d a u n Mr. Secretary Canning and Mrs. Canning arrived in town yrs terday, from the Right Hon. W. Huskisson's se at in S ussex. Sir Wm. and Lady Rumbold and family ar rived on Saturday at the Pulteney Hotel, Albemarle street, from Paris. T. W. Beaumont, Esq. M.P. has left town for Brighton. 11;vedale Price, Esq. arrived yesterday at the Waterloo Hote' Jermyn street, from Oxford. The Hon. Mr. Frere arrived in town yesterday from air, Hats. kisson's seat in Sussex. Mr. and Lady Catherine Cavendish left town yestezdr, for Verolans's seat, Gorhanittstry, Herts. NAVAL INTELLIGENCE. Arrived off Dover, the Diadem, SNKLL, from Smyrna; =l l i Endymion, —, from hliramichi. _ _ ' The Joseph, Y errs, from St. t'etersburgh to Liverpool, has b en abandoned at sea, and was off Yarmouth yesterday, dismasted. The Three Brothers, A , from Rotterdam, was ahandwei off the coast of Norfolk on Sunday,with four feet water in her hold. The Two Brothers, OLTMANN from Aalfstadt to Hull, was sa shore near Trusthorp,on Thursday. FALMOUTH, Dec. 11.-IVind N. light airs. —Arrived for Young Oliver, Mtrcuicic, from Lisbon, in 14 days. POITCMOUTH, Dec. 12.—Calm.—Sailed the Arab transrort, se Deptford. Dem., Dec. 12.—Wind S.W. by S. light airs —Arrived aed sailed for the River, the Sappho, NOAICI, from Smyrna; and :I,e Maekinson, of Liverpool, from Rio de Janeiro. Came down fro-n the River, and remain, with the rest of the outward baud, the Magdalena, Hume, for Vera Cruz; Ariel, —, for Sierra Lace; Lively, B A. for Bourdeaux; Carshalton Park, Sam, for Jamaica ; Alert, I:l.t.rs, for Pwilhely ; Rleanor, %Luaus, foe Bristol; and the Vincedor des Santos, for Oporto. Ltvenroor., Dec. 11.—Calm.—Arrived the Donor, Dow, from Dantzic ; and Ann, Tuttocw,. from flamburgh. Off the port, the Three Sisters, 11P-toter, from Miramichi. The Duke of BRUNSWICK and suite, left Blakei Hotel, in Jermyn-street, this morning, for the Continent. The Duke of WELLINGTON arrived at the Royal Hotel, in Birmingham, on Wednesday evening, and proceeded oe to Teddesley Park, the seat of E. J. Lerrurtos, Esq. M.P. Mr. TIERNEY is returned to town with his health perfectly renovated. Captain COTTINGHAM arrived yesterday morning at the Foreign Office, in Downing-street, with dispatches from Liu! &Assort's% at St. Petenburgb. Mr. Secretary Govutuax sailed from Dublin for -Holyhead. Thg,_ departure of the Honnurabk Gendtsu was occasioned, lilt said, by intelligence received only yeuerdii that Lord Poturarrom is to be called to the Upper Roam, ut Mr. GOVUOURN ii named to succeed him as Secretary at War. The latter Gentleman will. in that event, it is said, offer hiar , e.f for the University of Cambridge.—Ditblin Ererting Post, Dec. la The Duke of WELLINGTON, we hear, this been a. pointed by the Court of Ohancery one of the guardians of tke dren of the late Mrs. Losto Wsta.estar. REPRESENTATIVE PEERAGE OF IRELAND.—S'a'e Votes :-....L0rd FARNHAM 40, Lord Mornircsstres 37—Maprity for Lord FARNHAM 3.—Peers who voted on Friday for 14 Montyrcssn EL—the Earl of Motaa and Viscount Hamm. Dm are 26 Peers yet to vote. D'EoVELLE has a new Ballet nearly ready for repre- sentation at the King's Theatre. The corps de ballet will eslu• • a greater number of beautiful women than have been comprici in that establishment for many years, Report speaks highly of a new Annual Volume, en titled Janus, which is about to be published by Mesas. Out and Born, of this City. We understand that the Editor has fortunate enough to secure the assistance of several very unjust literary characters, and the names in particular of Miss Emasoars Mr. Cotratocx, Professor WILSON. Mr. LOCAART, Mr. De car (the Opium Eater), &c. &c. have been mentioned to us. Edinburgh Weekly Journal. PANORAMA or Mexico.—We were favoured with a private view of the Panorama of Mexico, on Saturday last. wh was opened to the public yesterday; and . although Saturday * very inauspiciouslor the exhibition, we were pleased with it, anj sure that it will prove attractive, as conveying a very pleasint.'" d we believe, correct representation of a City visited by nc" fe 1 Europeans, and rendered extremely interesting of late , not ten by political events, but by its having become a field for the ployment of British capital and enterprise. The reproentana a Bull Flight forms a striking and uncommon feature in the ro• rams, and appears to be very well executed. The New Catholic Association met on Saturday LAURENCS CLINCH, Esq. in the Chair, but nothing ' the slightest interest passed; indeed, these Meetings r• becoming so insufferably dull, that the proctedirgs ate not worth reporting. An extraordinary number of country bankers, fall all parts of England, were in town yesterday, either in the purpose of procuring specie and Bank.notes as protection against a run on them, or to ascertain b. their own observations, the state of affairs among the' London ft iends. Several of them were to be seep tt most of the leading banking-houses, anxiously svaitinl their turn for an interview with the principals. 111 heads of nearly 'all the London houses are as rept+ and mutant in their attendance during this uns ettle state of the iv oney-market as any of their c lerks, frequent are the applications to them for supplie' specie and Bank-notes for the country. ' A few.' months prior to his demise , Earl Wu, WORTH, with the intent of passing some mo nths lea!, with us, purchased an estate, includieg a fi fe' mansion, in Brunswick-terrace. ilk purchase au w .' about six thousand pounds, his Lordship borrow.' • his amiable conscrt, the Duchess of DORSET. 00 : death of the Earl, neither the said estate, nor the which it gave rise to, being mentioned ia his Lord'. will or papers, the property devolved to the law of his Lordship's family. The Duches s, in Crlio quence,"not willing to be deprived of what her be._ ti hord had so selected, re-purchased of the said boric said estate; at the origipal cost price; ands but a 2 3, mouthi subsequent to that event, her Gr ace as h die debt of &Ante. The Dorset family, there f°re . on ' lost six thousand pounds by this singular nroiss' ht e (iced of Eart WHIT Wotan. The Dachess' s Lady DRLAWA RRE, is now in possession of the esta te' big 1 One in ►et theme largest not als the lit But th it will Whe linos the co that tf one hi patec o' clog town the 1 bey* very se 1 v;sab I,:►v e a•nd, L. ~