Star. — London, England, 1826-02-01 00:00:00

I Neweavtle•opoiliVine and Bleiriek ti mberland, tanners.—* lihcbutaSin NW Jo 00111, me, Yorkshire, stuff. saingiatsurevs. David Mlle, Made Forbes, Wm. Briditnan, W. H. Leith, and Win. Bridpmanjun. Maarten House-place.— Sohn Johnson. John Johnson, psi. Williaas Johnsen, and Alexander Brice Holywell.street, Westminster, and Plymath, paviours.--- Willils Smith and Michael Hall, Bridgeor*, Salop, coach pro prietors. Thomas Fernky,jun. James Fernley, John Fernley, and Martin Swindells, Stockport and Manchester, cotton spinners.— 'George Cockle and James Bei*. diuggists. James Carpenter and John Frogrett, Coventry, rßiand masufactorer4;l:llKunass Sin -some and John Blakesley, Hinckley, Leicester, bankers. Ben. larnin Gilson and Benjamin Gilson, jun. Halstead, Essex, sur peons. James Hinchelife. James Sanderson Markham, and Wm. Pearson, Manchester,acrew holt makers. Joseph RObert dentery apd Richard Genter3i,Grafton-street Bast, and Upper Thornhaugh otreet, builders. . *NrtNING STAR. TONDO N. ,1 -s+~- WEDNESDAY,. FEBRUARY 1, 1826. STOCK EXCHANGE, TWELVE O'CLOCK. An alarm prevailed in the Mosey Market it the eatly part of the enorning, and Consols opined at 791 for the Account. The convening a Conn of the Dank of Eoiland, on special business, for Friday, excites much conjecture, as they never Met on that day. Within the latt halt,hour, the Consol Market has improved, and Consols ate now 40 to sol i ; and for Money 791 80. in the Foreign Market little or nothing is doing. Cqrreat Prkesi Old Spanish 111 12, Mexican 661, Colombian New 1191„ Austrian 911 I, Russian 491, Exchequer Bills par to 1 discount. PRICE OF STOCKS AT TWO O'CLOCK. Bask Stock 21434 213 per Cent. Red. 80% % 44 3:pik Cent. Pons. 79% 80 1 / 4 79% si per. Cent. 89 1 / 4 pv Cent. Red. 88% 89.88% 4 liar Cent. 9754 96% % Long Ann. 20 19 15-16 India Stock 235 £3,000 Excheq. Bills par. 1 dis. £5OO ditto par. 1 die. 1 prem. €lOO and L2OO ditto 2 4 prem. Cons. for Acct. 79% 8034 • FRENCH FUNDS, PAus, JAXIIMIT 30. Five per Cents. . . . 961. 60c. Tree per Cents. . . . 67f. Rentts de Naples • . 77f. 35c. lEbytian Loan . 790 f. FOREIGN FUNDS, TWO O'CLOCK. Austrian Lids 5 p Ct Mex. Scrip, Brazilian Bonds, Neapolitan Bonds, Ditto Acct. Ferny. Bds,6 p C. 41 Do.Sotip,spC.lB2s, Ditto Acct. Buena. Ayres Bonds Ditto Scrip, 1825,6 p C. C.hilian Bonds. 6 p Ct. Pottugue‘e Bouds Colombian Ikl., 6 p C. Prins. lids. 4 p C. Do. 1.14/4824,, 37./ 81 81 1 9 Da Bonds. 1822, Do. Act. 38 71 81 * 91 11u55.13d5,1922.5 p C. DaOleh• Bonds, Ditto Acct. 841 31 Do. Alerkti : . • Span. 5p Ct. C. 121 111 Do.l3ds.spC. 1444 59 Ditto for Ace.. Ditto Acct. Ditto 510, Greek Bonds .Span.bp. et. C. 1813, 8 7 • Da/M.0825. 171 18;1 19 181 :French Rentes,sp C. Dille Acct. 18 19 I Exchange, Ales. Bonds Sp. Ct. . ! French Rentes. 3 p C. Ditto Atct. 5 p C. I Exchange. Doeo. ad 504244,6 pC. 66 701 7 , [ Guateinala Bonds, D i u. Ma. 6 1 44 Si AI 7 D tito Scrip BRITISH AND POREIGN SHARES, TWO O'CLOCK MARL. TAIIIIN AnglO tX79 S pm. 100 40 57/ Annlo 100 - 4 , 3/ Colombian - 100 - 5 - . 14/ Willits $5 9} I ?milt* 10 £1210.. 121 Royal Irish 25 19.16 lj die. 'Jailed Alealean 40 20 . . Ditto New 40 10 141 IS Welai Trost & Cnal 25 20 124 United General Gas 50 15 81 Australian . - 300 5 11 Pawl 1 7 Sabery. Yellow (iss.2lo pm) 25 2 7/ II Provincial Bank of Ireland 100 30 51 6 West. India Company 100 5 re We alluded yesterday to a very dangerous, and, as we conceive, an , unfounded clamour which has been raised against the Country Bankers, as if they,.by their escessiVe issues of local paper, were in a great degree, if trot wholly, the authors of the convulsion which has recently prostrated a large portion of the commercial world. We also referred to a pamphlet, in the form of a letterst6 Mr. Palm, proposing a remedy for the sup. posed abuse of the powers now intrusted by law to Country Bankers, which treatise has been attributed by many to Ministerial authority. Before 'sliewing, from internal evidence, that:the latter opinion is altogether erroneous, we will at once refute the main assumption, on which the necessity of the remedy proposed is founded ; and this we are enabled to do 'from the official information adduced by the author himself. .First, as to the assumption that the issues of Country Dank N.,tes have been in fact exceisive, we h ►ve before bit a . ..pamphlet written by Mr. MILFORD, of Exeter. who is; we understand, a practical man, and a banker in that city. lie asserts that a Bank -note, on a fair average, will only sustain the wear of circulation for a period of eighteen months: " a part may be fit to " circulate for a longer period, but a great proportion "becomes so defaced and worn out as to require cat's if ceiling in a much shorter time." We shall. however, allow two years, in which case we may safely infer that none of the country notes issued previously to the year 1824, are any longer in circula tion. If, hoviever, some of them are still afloat, they will be abundantly compensated by the destructieu of ()then of a more recent date. Now it appears, by an official statement in the Letter in Mr. Psst., that 'the total sums which the notes of all descriptions, issued by the Commissioners of Stamps since 1823, were capable of comprehending, ate as follows: 111114. in fact 1523, by estimate X 6,930,387 8,112.990 Total . . £14042,657 We must suppose that some of those notes were spoiled in filling up, and that a very large proportion were not, in fact, issued, though in readiness for that tiiipose. Let us assume-that one-fifth part only were withheld from circulation for these reasons; ind it will then be found that the utmost possible amount of coun- . . NO ~1 try bank antes that never atani_nteyiene 'reran cireU lotion together in the course - of the year 1825, is only twelve millions ; which being added to the issues of the Bank of England, as declared by the Governor in Sep wither last, gives a total circulating medium, in paper, for the whole country, of thirty millions. After this sober statement of ' facts, hew can it rationally be asserted that the country has recently been deluged with Paper, when we know that, during the late war, the Bank of ilLegland alone had constantly in circula tion a far greater amount of notes than the aggregate both of its own and country issues in the last year? Now, as to the security of the country bank notes : the above twelve millions were probably shared among five hundred establishments, which embrace, perhaps, the fortunes of two thousand proprietors, all of them men of known substance and character in their respective districts. It the foregoing considerations will *tat satisfy our readers of the gross exaggeration which has gone abroad on the subject of the over issue of Country Bank Notes• we would request them to advert to one or two points • of general reasoning. In a country town or village, whether of a manufac turing or agricultural district, the smaller the population the more exactly is the private means, fortune, and property. of every man in the- place known to every other member of the community. It is morally impos sible that any one man,or set of men, can, under thosei circumstanceccommence a banking concern with the. hopes of issuing notes to such an extent as shall pity the trouble of conducting the business, unless he or they are known to possess tangible and visible means, of which credit is a necessary consequence.— On the contrary, in a large commercial town, the banking business is always so preoccupied by.hcasses of established reputation, that the founders of any new bank must be known to all the world to possess an unquestionable capital of very considerable magni tude, before there is the lea%t -rational chance of successful competition with the older establishments. True it is, that an old or new Banking house are equally liable to ruin sometimes, from unfortunate pub lic or private speculations. but far more freqUently from being themselves defrauded by plausible cus tomers. The question, however is, whether any one country hanker in a hundred, has ever been proved to have commenced business without a reasonable and tangible capital of his own, over and above the assets of his customers, in exchange for which he issues his notes? Common sense and universal experience reply in the negative. We cannot suppose, then, that any banker will deli berately put hi; own private fortune to the hazard of destruction, by discounting doubtful bills, merely that he may force his notes into circulation. The younger he is in business, the sreater must be the unemployed sum of ready money which he must keep in reserve to pay his notes when they are returned upon him, from time.to time, at a moments :notice:-and this very materially diminishes the proftt'on his issues, and consequently the desire of extendirig them. Let us see what are his profits in the most flourithing state of a Banking concern. We must again refer to Mr. MIL FORD'S better experience, the result of which he thus states : The extreme profit, even at Five per Cent. and suppos- 4 s. d ing these notes to be in constant circulation, which is never the case, would be in eighteen month s . .73 0 0 Covt of Stamp Duty at Sd. on each note, ion on spoiled stamps, banking licenses, clerks, rent, &c. at least 2d. more, making Id. or each £t note . . . 211 3 4 Paper, engraving, printing, postage', risk of forgery, &c. say ld. • ,~ -.. ~ , T a 'of MM.. Eparehs, atoll declare; that it will pub ii their names, if they do not behave betters *ldyl In Na. ISS, %he Fiiend of thi Latin eon , lases, "that grief is in every heart, and painted in thi countenances of all patriots;" and adds, that gg like another Diogenes, it looks for a Greek." On the sarne day his t:oloonea . the Metropolitan :I?= raphin, accompanied by all the Clergy, performed A solemn funeral service in the Cathedral of Our Lady of •Casan; similar services were ,performed in the other churches, and, as on preceding occasions§ the most pro& found grief was manifested by the public. On the 14th ult. on the occasion of the new year) and its bring the birth-day of the Grand Dutbett Haisiva, the Court, persons of distinction, of both kits* General Officers, and Officers of the Guard,. assembled in the winter palace, where, after attending Divine Service, they bad the honour of offering their con- Rratulations to the Emperor and Empress, and h-f imperial Highness. The Vice Admiral of the B iltic SENIAVINE, iS Lti be appointed Aid-de•Camp Gen. to the EMPEROR. The Counsellor of State, HWELINSII, 'has been nominated Chevalier of St. Anne, of the first class. M. L. ARRIGHI has writt • ,ll An elegy, in Italian verse. on the death of the Emperor ALEXANDER, copies of which will, be delivered gratis to all who wish to pro. cure them. Accounts from Lisbon announce an Amnesty to all the military who had deserted their colours since 1415 i On the 13th uh. the population of Lisbon hastened to ulute three vessels from Rio deJaneiro, the first which bad entered that port with the Brazilian flag. Accounts from Trieste of the Sd ult. corroborate the account of the arrival at Missolonghi of a great number of Rome Hots from Hydra and Spezzia, and the coma plete defeat of IBRAHIM PACHA on the 27th of Decem ber. Another account states that the Egyptian Corn. mender was not present in petson, but that he had sent 4000 of his best disciplined troops, Who headed the storming party, whilst French and Austrian Offi cers served the Ottoman artillery. That of the Greeks, however, was still better directed by Pied montese Engineers, and its fire mowed d ,wn the enemy in such numbers that they were forced to retire, and being hotly pursued in their retreat, left 1,500 dead on the field, and a great quantity wounded. The accounts from Napoli di Itr mania, which are of the 10th December, bring two decrees for organizing the Greek tribunals, and for increasing the pecuniary resources of the Government. The constitutimenel states, that Mr. de BERSTETT, Prime Minister of the Grand Duke of BADEN, was on his way to Paris, under the pretence of pirate business, but that he was really sent by Prince METTERNICH, as his secret agent. Yesterday afternoon, soon after half-past four o'clock, the Duke of Yoax, as Commander-in-Chief, held a Levee at his Office in the Horse Guards, which occupied the Royal Duke's at tention about an hour. Among the distinguished characters pre sent were the following :—The Earl of Moinaosa, the Marquis of Lord WILLIAM GRAHAM, EMMAUS/ PUIPPII, Sir UPEOItOU Amyx, Lieutenant General Sir Grouses Coomr, Sir RII/Allt Dau m, Sir WILLIAM CLIOTON, GOVILIMK, Howe. FAUSIZR, Major General Cam, Sir Joust Heaver, Hon. Sir Faanots Basis% and %bout forty others. Yesterday the Princess SOPHIA visited the Duke of ?has, at his house in South Audley-street. Idr.fleviLarsn, the King's Messenger,- arrived at the Foreign Office, ia Downing-street, yesterday afternoon, about two o'clock, in a post chaise and four, vfith dispatches from Lod 'Gsaavu.zz, our Ambassador at Paris;al.2lr. Secretary Castmo, :dated up to the 27th ult. . . • . The E 41 of WEiTHORLAND and , Viscount Met.vrt.La 'transacted business yesterday at the Foreign Office. The CHANCILLLOR of the EXCHRQUIR transacted busi ness yesterday afternoon with the Earl of Llyearoot., at his house in Whitehall. Yesterday morning, Mr. Secretary-PEEL, Mr. Hos- Rause, one•of the Under Secretaries of State for the Home Drpart. meat, the Srraxas of the House of Commons and other o ffi cial Gentlemen, assembled at the State Paper Office, in Great George- , street, Westminster, to examine some records. Mr. Secietary PEAL arrived in town on Monday evening, about seven o'clock, from attending the King's Court, at Windsor. . Earl BATHURST declined staying at the King's Royal Lodge on Monday night, after attending the King's Court, as aw ranged for the Noble Earl, bat returned to Laudon, after dining with his Miami-. Monday morning, the Lords of his MAJZSTY'S most Honourable Privy Council had a Meeting at the Council Office, in Whitehall place, for the fi rst time this season, on Plantation Appeals. Sunday, Earl BATHURST and a select party dined with he Duke of Yoar. • We !egret to state, that JOHN CAMPBELL, Esq. the Accountant-General to the Court of Chancery, died yesterdsy evening, at • his house, in Berneerstreet, of a short illness, having only been confined since Friday last. Mr. Campeau. was in tho 75th year of his age. Ilia complaint was an inflammation in the chest. We are authorized to state, that an active and very successful canvass has commenced at Oxford, in favour of Mr. Bucxxatt. Encomia, the hiember for Devizes, as Representative for that University, in the room of Mr. Hamm We understand, from authority, that the house of M 4 Gat:visors, TRAIN, and Co. reported in the Montreal Papers of the !Bth of December last to have stopped payment, is no further connected with the Hudson's Bay Company than by being employed as their Agents for the very small portion of their business which passes through MontreaL The North West Company has ceased to exist some years. Three frigates, a brig of war, and several transports, with four thousand men, arrived at Havannah on the 18. h ult. from Corunna. The Curators or Trustees of the New British Museum Gallery of Paintings have, it is said, offered Marshal SOULT 30,0001. for four of his paintings. Mr. Milford, jun. a Banker at Exeter, bas addressed a letter to the Chancellor of the Exchequer, on the subject of Country Banks, from which we extract the following calculation of the profits on 11. notes : On calculation of the profits arising from the circu lation of 1,0001. in notes of 11. which notes, on a fair estimate, we will consider to last eighteen months- 4 part may be fit to circulate for a longer period, but a greater proportion becomes so defaced and worn ow, as to require cancelling in a much shorter time. So that the utmost possible profit, reckoned at Five per Cent. not taking many other drawbacks into consi deration, a Banker can derive on the issue of 1,0001. in his 11. notes, is 201. Bs. 4d. or, if he issues 50,000/. is 1,0021. in eighteen months, or about 6701. a year, to. be divided among all its partners The Turkish Sultan has a handsome countenance , rather oval, with a dark complexion, and an expression , f melancholy that adds to rather than diminishes its expression and dignity. His dress is less showy, than hat of many of the great officers but the diamond s het cover many parts of it are Of inestimable value. ills features do not express happiness or tranquillity , lot appear ful of care. W MI hi • Ira 1 Pay ~'f• ~A A. ibis frog *OI eke the the Ilel tier' li4lll of Tr* WA frog Safi \Vol ppir per na 1 h wbi sob' shoi p Neweastle.opoiliVine and Blestrick,ftimberland, tanneri-o• PilichaeligNin, and Joßah Ogden, ' me, Yerkshire, awe lation together in the course - of the year 1825, is only lit their names, if they do not behave better. moon, accompan:ea oy au tne toergy, perrormeu A sainikesurers. David niklis, Michie Forbes, Wm. Bridgman, twelve millions ; which being added to the issues of the *ldyl in Na. I% ihe Friend of thi Latin eons solemn funeral service in the Cathedral of Our Lady of W. H. Leith, and Wm. Bridpmanjan. Milton House-plan.—Bank of En —, sgl and a declared by the Governor in Sep- lessee, "that grief is in every heart, and painted in the Masan; similar services were ,performed in the other Sohn Johnson. John Johnson, prig. William Johnson, and Alexander Brice Holswell.steeet, Wairmi sa t e r, an d pa rna ch, pa yl aar ,„ caliber hist, gives a total circulating medium, in paper, countenances of all patriots;" and adds, that e like churches, and, as on preceding occasions§ the Most pro. found grief was manifested by the public. I willtlw Smith and Michael Mall, Beidllesteels• Batop , emelt Pen- fot the whole country, of thirty millions. After this another Diogenes, it looks for a Greek." ii 11, : • prietors. Thomas Fernky,jun. James Fernle y, 301111 Fernley, and DUSSELDORF?, Jas. Mk On the 14th ult. on the occasion of the new years C martin Swindells , Steckpon and Manchester. cotton spinners.— sober statement of 'facts, hew can it rationally be 'George Cockle and James 1341714. druggists. James Carpenter and asserted that the country has recently been deluged John Frogeett Coventry, Miami manufacturers, ..1111misass Bin- The official paper of the Government at*Dusseldorf, contains of Count S p iegel, Archbishop lo s o eroo, and its being the birth-day of the Grand Duchess .. of some and John Blakesley, Hinckley, Leicester , bankers. Ben. larnin Oilson and Benjamin Gilson, jun. Halstead, Essex, sat - 'With Paper, when we know that, during the late war, the Court, persons of distinction, of both sexes* . w of Cologne, prohibiting the procession of certain socie- General Officers, and Officers of the Guard ,. assembled the Bank of Begland alone had constantly in circula-of . geons. James Hinchelife. James Sanderson Markham, and Wm. . ties and corporations, on the fetes of the Patrons of the in the winter palace, where, after attending Divine Pearson, Manchester,screw holt makers. Joseph R o b er t (lottery von a far greater amount of notes than the aggregate it: i apd Richard Gentery,Grafton-street East,and Upper Thornhaugh. both of its own and country issues in the last year? Churches, and other occasions, by which Religion is Service, they bad the honour of offering their con- a *tree, builders. • • - Now, as to the security of the country bank notes : degraded, the Mosr HOLY made ridiculous, the devotion gratulations to the Emperor and Empress; and het W 11 - - • - ...--ti . ' Tiiiiiii*lNG STAR. the above twelve millions were probably shared of the faithful i n t erru p ted, and their minds drawn imperial Highness. we 0 .------, - SENIAVINE, is td IC - : a ll several parishes, for instance, it is usual to accompany be ap pointed IAONDON. •i. ~ perhaps, the fortunes of two thousand proprietors, Aid-de•Camp Gen. to the EMPEROR. The" • - the procession of the Counsellor of State, Hummel, •has been nominated , s l , -4.01. , -- ' of them men of known substance and character in their - Holy Sacrament armed, with • drums beating and music playing, often equipped in Chevalier of St. Anne, of the first class. I WEDNESDAY; FEBRUARY 1, 1826. respective districts. • the most ridiculous costume, and, with • lees STOCK EXCHANGE, TWELVE O'CLOCK. It the foregoing considerations will not satisfy our unbecoming M. L. A anteei has writt'n an elegy, in Italian verse, readers of gone a b roa d gestures, even to enter the Chtirch, during MASS, and An alarm prevailed in the Money -Markin it the early part of the gross exaggeration which hason the death of the Emperor ALEXANDER, copies of sees theznonshlg, and Consols opted at 791 for the Account. The on the subject of the over issue of Country Bank Notes • march round the Altar. - which will, be delivered gratis to all who wis't to pros - O so longer cure th em. Such i n d ecorous procee di ng: cannot b e any I, enneeninS a Conn of the Dank of Boil,* On special business, for we would request them to advert to one or two forint:. Sucem. . Friday, excites muc h conjec t ure, a s they never met on that day. tolerated, we, therefore, enjoin all the parochial Clergy Accounts from Lisbon announce an Amnesty to all . i -of general reasoning. Within the kit hall,isour, the Coosa Market has improved, and of our Archhi . shoptick, not to 'permit, on any pretext, the military who had deserted their colours since 1415 i •fro In a country town or village, w h et h er of a manufac- 1 Consols are now SO to sm ; and for Money 791 80. such proceedings, either during processions or in the On the 13th uh. the population of Lisbon hastened to *or f il IR the Foreign Market little or nothing is doing. taring or agricultural district, the smaller the population Cloirch. They are enjoined properly to instruct their i 1 41? - Correat Prkesi Old Spanish 1l 1 12, Mexican 661, Colombian the more exactly is the private meado o fertuse, and salute three vessels from Rio deJaneiro, the first which flocks, in the true spirit of Christianity, the nature of art is New Inn, Austrian 911 1, Russian 891, Exchequer Bills par to I bad entered that port with the Brazilian flag. 41 ! property. of every man in the-place known to every devout prayer, and the object of the religious exercises Accounts from Trieste of the 3tl ult. cotroborate the 110 discount. other member of the community. It is morally impos- of the Church. They are to exhort the members of account of the arrival at Missolongle of a great number .1 .1 ' ell ICE OF STOCKS AT TWO O'CLOCK. sible that any one man,or set of men, can, under those t Bash Stock 214 1 / 4 213 mach corporations or brotherhoods, in their Churches, of Romeliots from Hydra and Spezzia, and the cones , circumstanceccommence a banking concern with the. Par I li li 4 per Cent. Red. 80% % 46 to accompany the processions in a becoming dress, plate defeat of IBRAHIM PACHA on the 27th of Decem- 37Prik Cent. cons. 79% 80 1 / 4 79 7 4 hopes of issuing notes to such an extent as shall pify the devoutly praying or singing ; and to order the reli. kr .1 34 per Cent, 89 1 / 4 trouble of conducting the business , unless he or v i s ibl e giout exercises in the Churches in such a manner, that ber. Another account states" hat the Egyptian Com. i , i i Se per Cent. Red. 88% 89 88% they are known to possess tangible a nd offence may g übe iven to nene, and that our religio s mender was not present in person, but that he had sent 4000 of his best disciplined troops, Who headed the Fri ific 4 , Per Cent. 97% 96% lb means, of which credit is a necessary consequence.— Long Ann. 20 19 15/6 meetings and exercise s may be liable to no reproach. • A. On the contrary, in a large commercial town, the storming party, whilst French and Austrian Offi- ' India Stock 235 - *his ~ Cl,OOO Excheq. Bills par. 1 dis. banking business is always so pre-occupied by.licusses We have received t heme Zeitung of the cars served the Ottoman artillery. That of the I of established reputation, that the founders of any new 25th ultimo, which, after announcing the arrival of Greeks, however, was still better directed by Pied- feu £5OO ditto par. 1 dis. 1 prem. eros lill , €lOO and L2OO ditto 2 4 prem. bank must be known to all the world to possess an the Marquis de RIBEAUPIERRE, at Vienna, from St. montese Engineers, and its fire mowed el rwn the Cons. for Acct. 79% 80% unquestionable capital of very considerable magni . Petersburgh, to announce the accession of his Sovereign, enemy in such numbers that they were forced to i' , I FRENCH FUNDS, Pam, JAMMU 30. tude, before there is the lea%t - rational chance of M states, that Colonel Marquis de BOBELLES, who retire, and being hotly pursued in their retreat, left • Five per Cents. . . 98f. 60c. successful competition with the older establishments. had been a pp ointed b y the Court of Vienna, Chem- 1,500 dead on the field, and a g reat q uantit y wounded. • 1 Three per Cents. . . . 671. —c. berlain to the infant Don Miouse, of Portugal, has The accounts from Napoli di Itt mania, which are of • the Rentes de Naples . . • 771. 2k. True it is, that an old or new Banking house are tier , ,If Harlan Loan • . . 7901. equally liable to ruin sometimes, from unfortunate pub- been sent to Warsaw, to carry to his Imperial High• the 10th December, bring two decrees for organizing 1 FOREIGN FUNDS, TWO O'CLOCK. the lie or private speculations , but far more f req u ent l y ness the Grand Duke CONSTANTIN' the great Cross of the Greek tribunals, and for increasing the pecunisro i , oi Austrian ilds 5 p Ct Mex. Scrip ,Hal • cus- the Order of St. Stephen, and an autograph letter of resources of the Government. 'I I' ' Brazilian Bonds, Neapolitan Bonds, from being themselves defrauded by plausible the' Ditto Acct. Perim Bds,6 p C. 41 sloe turners. The question, however is, whether any o n e- the Emperor of 4aranttA. Why this period is selected The constitutionnel states, that Mr. de BERSTETT • Do. Sottp,s p C.l AM Ditto Acct. ' of I i• • Buenos Ayres Bonds Ditto Scrip, 1825,6 pC. country hanker in a hundred, has ever been preyed to for conferring an honour on the Grind Duke CON• Prime Minister of the Grand Duke of BADEN, was on Tr i c.hiliatt Bonds. 6 p Ct. , Portuguese Bonds have commenced business without a reasonable and wear NE, which his distinguished conduct in the war his way to Paris, under the pretence of pi irate business, F Colombian Ikl.,Gp C. Prose. lids. 4 p C. WA Do. Rd/4824071 81 91 4 9 Do. Bonds, 1822, tangible capital of his own, over and above the assets of might have won, we know not, unless as some com- but that he was really sent by Prince METTERNICH, as F • Do. Act. 58 71 81 b9l 8u55.13d5,1622, 6p C. his customers, in exchange for which he issues his pensation for his renouncing the Crown Imperial. The his secret agent. frog l it Danish- Donde, Do. Media : . Do.l3ds. '5 pC. 1825, 59 Ditto Acct. 841 31 • Span. 5p Ce. C. 121 111 Ditto for Acc. notes? Common sense and universal experience reply Priocoof TAXIS is appointed new Chamberlain to the in the negative. Infant Don Micuze. Otis F Yesterday afternoon, soon after half-past four o'clock, • ehill Ditto Actg. Ditto 510, - the Duke of Yoax, as Commander-in-Chief, held a Levee at his the I I , , --.......—. Greek Bonds .Span. bp. Ct. C. 1823, 87 • We cannot suppose, then, that any banker will deli- Office in the Horse Guards, which occupied the Royal Duke's at- his,: . 1:10 4 / 6 43825. 174 181 /19 181 French Rentes,s pC. berately put hie own private fortune to the hazard of Letters of the 26th of November, from Rio Janeiro, tendon about an hour. Among the distinguished characters pre- sent were the following:—The Earl of Molizaoss, the Marquis of . tran Diato Awe. la 19 I Exchange, received by the TARTAR frigate, bring an account 0f641, s G li.l en A: a ? Sir KAHA G M EO ,I/W c Al P i i n , r . , R Sir II G: o Dom-a. sa . i hies. fronds sp. Ct. . !!French Rent's. 3p C. destruction, by discounting doubtful bills, merely that Ale f Dim Atct. 6p C. l Exchange. he may force his notes into circulation. The younger a grand entertainment given to Sir CHARLES STUART, H Ani Ai s t r am , a Lie s; blutenrdanWtStile D0effi15,1525,4 pC. 66 70 7 ,Guatemala Bonds, on the 21st November. All the O ffi ters of the WEL- KIS, Sir WILLIAM Curran, Gousos., Howe, FAILIIZA, Major I? ! , Do. Acct. 60 54 7- 0 1 i Ditto Scrip he is in 'business, the greater must be the unemployed General Cam, Sir Joan IL:avrti, Hon. Sir Fianesi Bstason, and Ano • 74, and the TARTAR and DIAMOND frigates, thit BRITISH AND FOREIGN SHARES, TWO O'CLOCK. sum of ready money which he must keep in reserve LtilL"' about forty others. . were present. Each English mercantile house sub- Yesterday the Princess SOPHIA . visited the Duke of IMMII , I SNARL TAM to pay his notes when they are returned upon him, bare Anglo tX7n 5 pm. 100 40 en scribed 1000 milreas towards the expense . .. Yose, at his house in South Audley-street. scrol Mrofievieerte, the King's Messenger; arrived at the . Anolo 100 - s . from time. to time, at a momenes :notice :=and and this o ...,Two thousand men had been embarked for Monte Colombian - 100 - 5 - 0 . 194 very materially diminishes the profit ' on his issues, and Foreign Office, ia Downing- greet s yesterday afternoon, about Med Wier to ee 1 • Video, whence it was thought - the Brazilians would act two o'clock. in a post chaise and four,. with dispatches (rain Luta ' R a r e Pamailes, 250 Xl2 10s. 12* consequently the desire of eatending then,. Let us see 'Giusevu.z.z, our Ambassador at Paris,to-Mr. Secretary Castime, . Li i • Royal Irish 2S 1 9.16 1/ die. what are his profits in the most flourithing state of aon the defensive. _.........--. 'dated up to the Oth ult. .... Cost United. Mexican 40 20 The E •rl of WEaTMORLAND ancOViscotint Memel.' is at ..micro New 40 10 141 IS Banking concern. We must again refer to Mr. Mu- We have received New York P. s ipers to the 1 lth inst. o acted business yesterday at the Foreign Office. Siny Welch Iron & Coal 25 20 121 FORD'S better experience, the result of which he thus but they contain little intelligence of a political nature. The CHANCIU.LOR of the EXCHEQUER transacted linsi- and United General Gas 50 15 84 . from Australian - - 100 5 11 states : The proceedings in Congress had not then assumed any ft " in w y hi esterday afternoon with the Earl of kszaroor., at his house Dece Pout Fishery. Yellow (iss..elo pm) 25 2 71 6 The catmint profit, even at Five per Cent. and suppos- 4 s. d i m - o r p tance. The correspondence which had taken Yes i terd a ehalL * ' Mr. Se Yesterday mottling, cretary-Peze, Mr: Huss- her i Provincial Bank or Ireland 100 30 51 6 ing these notes to be in constant circulation, which is • sever Writ India Company 100 5 0 never the case, would be in eighteen months . .75 0 o p l ace between Mr. Secretary CLAY and Mr. ADDINOTON , noun, unr o of the Under Secretaries of State for the Home Depart. setter , . unnicartons. the British Envoy, upon the subject of the Convention meat, thennS:axasaahlof theed a Ho the s u t se nte of pa Co pe m r Commons , i a n nd G o r t e h a e t r _o en ffi r cial • Cost of Scamp Duty at 3d. on each note, loss on spoiled - G se-' L We alluded y esterda y to a very dangerous, and, asfor Suppressing the Slave Trade, was laid before the street, Westminster, to examine some records. 1 stamps, banking licenses, clerks, rent, Sec. at least 2d. Men we conceive, an, unfounded clamour which has been more, making Id. on ea ch X 1 note . • • 23 3 4 House of Representatives on the 27 th of December.— Mr. Sec boo t t etary t arrived in t own on Monday ! raised against the Country Bankers, as if they , by &eh. PasPary"L.""vill, printing, postage., risk of forgery, ke.. 4 3 4 By these it appears that the efforts of the Americans, Wind evening , a seven o'clock, from attending the K i ng ' s Court, at of i facts escessiee issues of local paper, were in a great degree, ----• in this respect, had hitherto been ineffectual. . Earl BATHURST declined staying at the King's Royal fort £33 6 8 Lodge on Monday night, after attending the King. Court, as sr. kr& s Inset wholly, the authors of the convulsion which has Interest on the abuse sum of £33 6,1. 811. li months 210 o The violence of party spirit is tearing the State or ranged for the Noble Earl s bat returned to London, after dining with , recently prostrated a large portion of the commercial Interest on the money a prudent Banker must keep Kentucky to pieces. The two branches of the local Legis. his &Diann% upoi T world. We also referred to a pamphlet, in the form of ready in the to de m m e al t d aforur run, or the say c o mm on fl u c tu ations f 1 e u carter ca ti" o e t lature are resolutely opposed to each other. •The Judges, H Monday_morn_ing,..theLo i‘ r i ds i of his MAJESTY'S most bow a letterte Mr. R E EL, proposing a remedy for the sup. the £l,OOO in circulation, viz. 4:250, 18 mouths .Isls 0 because ti ey would not sanction the unconstitutional o Whitehall ouraete P rivy y for Co ih u e nc h il h a d rst tim a e this season , ant Appeals in Geo of powers now intrusted law posed abuse the by to 4 84 11 8 acts of the House of Representatives, were displaced, Sunday, Earl BATHURST and a select party dined and with he Duke of Yoar. .l, - Country Bankers, which tieatise has been attributed by So that, taking no bad debts into consideration, nor and a new Cour t instituted. The - old Judges, however, We regret to state, that JOHN CAMPBELL, Esq. the ere e , l s many to Ministerial. authority. Before •sliewing, from internal evidence, that'ohe letter 50,000 0 any other possible drawback , if Banker ': issues were ,a , continued to discharge their functions, denied the mho- Accountant - General t• the Court of Chancery, died yesterday -: po it constantly in circulation, his profits would only rity of t' e new Court, and claimed the full right of ehaeevining, at • his house, in Bernes's-street, of a short illness. . per , g only been confined since Friday last. Mr. Cannata. was opinion is altogether erroneous, we will at once refute be at . tie rate of 6ell. a year I Certes, this is no exercising their judicial powers... . in the 7 sth year of his age. His complaint was an Inflammation INSI the main assumption, on which the necessity of the inducement to incurthe racking anxieties' The Editors of the Haytiair Paper (says one of these in the chest. consequent mea remedy proposed is founded •; and this we are enabled to do . from the official information adduced by the on an extended issue rf . J iurnals are offended at some of the lan ua eof the local paper, much less to put a 1 g g We are authorized to state, that an active and very successful canvass has commenced at Oxford, in favour of Mr. mil private fortune into the jaws of ban k ruptcy. Accord- French Ministry—and say, the prospect Of peace has BucettALE. Ts,arcotrav, the Member for Devizes , asltepresentative Vrbi *Mhos . himself. for that University, in the room of Mr. Hamm inoly, we ate well con vi nce d that, on investigation, the not caused their arms to drop from their hands'—that Firse, as to the assumption that the issues of CountryW e understand, from authority, that the house of rote truth will be that C unti y Bank-paper has been issued defensive measures have been maintained—that, if 111 4 Gittivaairs, TRAIN, and Co. reported in the Montreal Papers of shot Dank Notes have been in fact excessive, we h tve before • i • the 28th of December last to have stopped payment, is no further IA`II 1 a very sp oing hand. • France does not conform to her agreement in good faith,ll tii aspamphiet written by Mr. MILFORD, of Exeter, -----emeo—. it will remain d ii . ' Ha e unexecute y, yI. connected with the Iludson's Bay Company than by being employed parr ' His Majesty's ship TARTAR, Captain BROWN, whi c h as their Agents for the very small portion of their business which who is , .we understand, a practical man, and a —...........—. . panes through MontreaL The North West Company has ceased 43 0 1 ! has arrived at Portsmouth, from Lima, etc. is a most tiro banker ill that city. lie asserts that a Bank -note, on a We have received the French Papers of Monday and to exist some years. I fair avers e, will only sustain the wear of circulation - important arrival. See brings..it is said, -nearly two millions of dollars on merchants' account. Her specie the Emile of yesterday. The latter contains the Imperial Three frigates, a brig of war, and several transports, with four thousand men, arrived at Havannah on the ship them , for a period of eighteen months: " a part may be fit to Manifesto of the Ern • perorNICHOLAS, which we inserted " circulate fora longer period, but a great proportion was insured at LLOYD'S to the amougg of 1 ,0001. . . 50 in [he STAR of Monday. All the armies of the South, 18. h ult. from Corunna. The Curators or Trustees of the New British Museum stem lice --somse—_ "becomes so defaced and worn out as to require can- Frankfort Papers to the 26th ult. reached us this including the corps of the army of Bessarabia, have Gallery of Paintings have, it is said, offered Marshal cone " ceiling in a much shorter time" morning. An article from Smyrna contains an account taken the oath of fidelity to the Eeteitaort, after having SOULT 30,0001. for four of his paintings. a mt i We shall, however, allow two years, in which case we of the plunder of a Dutch schooner, and two Russian, been .officially acquainted by their Chiefs of the abdica- Mr. Milford, jun. a Banker at Exeter, bas addresse d levi a letter to the Chancellor of the Exchequer, on th e Any may safely infer that none of the country notes issued and one' Austrian vessel, by two Greek tnistics. The tion of the Grand Duke CONSTANTINE, and solemnly subject of Country Banks, from which we extract lii a nd previously to the year 1824, are any longer in circula- following are additional extracts : released from the oath they - had previously taken to the following calculation of the profits on 11. notes: - nab Lion. If, however, some of them are still afloat, they SMYRNA, Dee. 16. latter. Had this necessary precaution been taken at On calculation of the profits arising from the circa- lan, I will be abundantly compensated bYthe destruction of . FROM THE ORIENTAL SPECTATOR. St. Petersburgli, the fatal events of the 26th of Decem - lation of 1,0001. in notes of 11. which notes, on a fair Pre i others of a more recent date. We have received five Numbers of the Hydra Jour. ber, might have probably been prevented. estimate, we will consider to last eighteen months --a Ha 15,21, from 155 to 159. In Ns. 156, after having said that part may be fit to circulate for a longer period, but a -1 •. Now it appears, by an o ffi cial statement in the Letter On the 6th ult. the Catholic Clergy, all the Bishops . the Gree k s • in general desire a third National Assembly, greater proportion becomes so defaced and worn oto, BAI thee in Warsaw, the Suffragans, the Metropolitan Chap. • in Mr. Noe, that 'the total sums which the notes of all which may remedy the present evils, the Friend of the as to require cancelling in a much shorter time. vie • descriptions, issued by the Commissioners of Stamps Lows judiciously observes, that the third assembly would ter, and the superiors of the religious orders, took the So that the utmost possible profit, reckoned at Five w 0 since 1823, were capable of comprehending, are as be as useless as ridiculous, when Ibrahim Peecha is in oath of fidelity to the Emperor Nicnoees, Emperor of per Cent. not taking many other drawbacks into cnnsi• 1 the heait of the Peloponnesus. ss What figure,"deration, a Banker can derive on the issue of 1,0001. in sea • • follows: it sere Russia and King of Poland, in presence of the Arch-e would be . made in this assembly by the represents- . his 11. notes, is 201. Bs. 4d. or, if he issues 50,000 i. is Ito 1814. in fact • • . £6,930,367 bishop and Primate of the Kingdom. Live of a house which no longer exists, which is given 1,0021. in eighteen months, or about 6701. a year, to be It 1 1823, by estimate • • 8,112.990 up to pillage and the flames? Let us first run to arms, The accounts from St. Petersburgh, in the R toile, divided among all its partners 1 sea 1 Total . . aC1.5,042,657 and exterminate the enemy; for the destruction of the are to the 15th ult. They state, that so on the morning The Turkish Sultan has a handsome countenance , for We must suppose that some of those notes were enemy must lead to the national assembly, and not the of the 9th of Jaauary, being the fortieth day after the rather ov.d, with a dark complexion, and an expression sin national assembly to the destruction of the enemy." 'f melancholy that adds to rather than diminishes its Sh • spoiled in filling up, and that a very large proportion death of the Emperor ALEXANDER, of glorious memory 1 No. 159, of the Friend of the Imes, asks what kind of expression and di • gnity. His dress is less showy, than En I ' were not, in fact, issued, though in readiness for thata funeral.ceremorly was performed in the chaeel of the Government would s • G reece ? uit a ottestion which all hat of many of the great officers but the diamon di to • liiipose. Let us assume. that one-fifth part only were he ingenuity,.of modern Greece would find, we be- Palace, which was attended by the EMPEROR, the Ern- hat Cover many parts of it are of inestimable valu e. fin ' withheld from circulation for these reasons; ind it will ieve, very difficult to answer. It thin speaks of several ProseA --taxetwortittoothe Grand Duceess HELENA, and ills features do not express happiness or tranquillity an, iithen be found that the utmost possible amount of coun- letters received at Hydra, which point oat the bad con- a all the Court." tut appear full of care. . e 1 1L •.. . . . . - I, . . . • " • . . • ~ . . .. . . 74 .ktesv• •. - .• . . . . - , • • i .4 3 4 £33 6 8 2 10 0 $ Interest on the above sum of £35 6s. Bd. IS months Interest on the money a prudent Banker mutt keep ready to meet a run, or even the common fluctuations In the demand for his notes, say only one quarter of the £l,OOO in circulation, viz. £250, 18 months .Isls 0 £54 11 8 So that, taking no bad debts into consideration, nor any other possible drawback, if a Banker's issues were 50,0001. constantly in circulation, his plats would only be at tl,e rate of 6SII. a year I Certes, this is no inducement to incur the racking anxieties consequent on an extended issue ref local paper, much less to put a private fortune into the jaws of bankruptcy. Accord inly, we ate well convinced that, on investigation, the truth will be that C witty Bank-paper has been issued with a very sparing hand. • His Majesty's ship TARYA It o Captain BROWN, whicb has arrived at Portsmouth, from Lima, &c. is a most important arrival. She brings, .it is said,saearly two millions of dollars on merchants account. Her specie was insured at LLOYD'S to the amougt ot 10,0001. Frankfort Papers to the 26th olt. reached us this morning. An article from Smyrna contains an account of the plunder of a Dutch schooner, and two Russian, and one Austrian •essel, by two Greek mistics. The following are additional extracts SMYRNA, Dm 16. FROM THE ORItIITAL SPZOTATOR. We have received five Numbers of the Hydra Jour nal, from 155 to 159. In N.). 156, after having said that the Greeks in general desire a third National Assembly, which may remedy the present evils, the Friend of Me Laws judiciously observes, that the third assembly would be as useless as ridiculous, when Ibrahim Pacha is in the heart of the Peloponnesus. 4 , What figure," it says, would be made in this assembly by the representa tive of a house which no longer exists, which is given up to pillage and the flames ? Let us first run to arms, and exterminate the enemy; for the destruction of the enemy must lead to the national assembly, and not the national assembly to the destruction of the enemy." No. 159, of the Friend of the Laos, asks what kind of Government would suit Greece? a qnestion which all he ingenuity .of modern Greece would find, we be. ieve, very difficult to answer. It thin speaks of several letters received at Hydra, which point eat the bad con- DUSSILDORFF, .1 As. 206 The official paper of the Government at Dusseldorff, contains an ordoa?nance of Count S i riegel, Archbishop of Cologne, prohibiting the procession of certain socie ties and corporations, on the fetes of the Patrons of the Churches, and other occasions, by which Religion is degraded, the Mosr HOLY made ridiculous, the devotion of the faithful interrupted, and their minds drawn aside from GOD, the only object of adoration. In several parishes, for instance, it is usual to accompany the procession of the -Holy Sacrament armed, with drums beating and music playing, often equipped in the most ridiculous costume, aad, with unbecoming gestures, even to enter the Church, during Mass, and march round the Altar. Such indecorous proceeding: cannot be any longer tolerated, we, therefore, enjoin sll the parochial Clergy of our Archbishoprick, not to 'permit, on any pretext, such proceedings, either during processions or in the Church. They are enjoined properly to instruct their flocks, in the true spirit of Christianity, the nature of devout prayer, and the object of the religious exercises of the Church. They are to exhort the members of stich corporations or brotherhoods, in their Churches, to accompany the processions in a becoming dress, devoutly praying or singing ; and to order the reli. giout exercises in the Churches in such a manner, that offence may be given to none, and that our religious meetings and exercises may be liable to no reproach. We have received tfl7 l lZgWeeine Zeilimg of the 25th ultimo, which, after announcing the arrival of the Marquis de RIESAUPIERRE, at Vienna, from St. Petershurgh, to announce the accr.ssiou of his Sovereign, states, that; Colonel Marquis de BOMSELLES, who had been appointed by the Court of Vienna, Cham berlain to the infant Don Munn., of Portugal, has been sent to Warsaw, to carry to his Imperial High• ness the Grand Duke CONSTANTINE the great Cross of the Order of St. Stephen, and an autograph letter of the Emperor of ANSTRIA. Why this period is selected for conferring an honour on the Giind Duke CON• ITANTINE, which his distinguished conduct in the war might have won, we know not, unless as some com pensation for his renouncing the Crown Imperial. The Prince of TAXIS is appointed new Chamberlain to the Infant Don Mictom. Letters of the 26th of November, from Rio Janeiro, received by the TARTAR frigate, bring an account of a grand entertainment given to Sir CHARLES STUART ; on the 21st November. All the Officers of the WEL LULIT, 74, and the TARTAR and DIAMOND frigates, were present. Each English mercantile house sub scribed 1000 milreas towards the expensei. :Iwo thousand men had been embanked for Monte Video, whence it was thought - the Brazilians would act on the defensive. We have received New York Pipers to the 1 lth inst. but they contain little intelligence of a political nature. The proceedings in Congress had not then assumed any impoitance. The correspondence which had taken place between Mr. Secretary CLAY and Mr. ADDINOTON, the British Envoy, upon the subject of the Convention for Suppressing the Slave Trade, was laid before the House of Representatives on the 27th of December.— By these it appears that the efforts of the Americans, in this respect, had hitherto been ineffectual. The violence of party spirit is tearing the State of Kentucky to pieces. The two branches of the local Legis. lature are resolutely opposed to each other. The Judges, because ti ey would not sanction the unconstitutional acts of the House of Representatives, were displaced, and a new Court instituted. The-old Judges, however, continued to discharge their functibns, denied the autho. rity of t' e new Court, and claimed the full right of exercising their judicial powers.. The Editors of the Haytian• Paper (says one of these J ,urnals) are offended at some of the language of the French Ministry—and say, the prospect of peace has not caused their arms to drop from their handr—that defensive measures have hems maintained—that, if France does not conform to her agreement in good faith, it will remain unexecuted by, Hayti. We have received the French Papers of Monday and the Etaile of yesterday. The latter contains the Imperial Manifesto of the Emperor NICHOLAS, which we inserted in the,STAft of Monday. All the armies of the South, including the corps of the army of Bessarabia, have taken the oath of fidelity to the Emmtacta, after having been officially acquainted by their Chiefs of the abdica tion of the Grand Duke CONSTANTLVI, and solemnly released front the oath they had previously taken to the latter. Had this necessary precaution been taken at St. Petersburgh, the fatal events of the 26th of Decem ber, might have probably Iten prevented. On the 6th ult. the Catholic Clergy, all the Bishops then in Warsaw, the Suffragans, the Metropolitan Chap ter, and the superiors of the religious orders, took the oath of fidelity to the Emperor NICHOLAS, Emperor of Russia and King of Poland, in presence of the Arch bishop and Primate of the Kingdom. The accounts from St. Petersburgh, in the Etolle, are to the 15th ult. They state, that el on the morning of the 9th of Jaauary, being the fortieth day after the death of the Emperor ALEXA NOIR, of glorious memory a funeral.ceremony was petformed in the dim:el of the Palace, which was attended by the EMPEROR, the Em prestAtasmeDititiA,.the Grand Ducl•ess HELENA, and all the Court." i