Star. — London, England, 1826-03-09 00:00:00

Mr. SAVING thaughttheAluttationiihich had been suede in the law of Mt 'chant and Factor would be pird dactive of i reatadva u gige. BM Uotwithstandiug tisk, . ••404 1 A • Me lt 130, i cleat reasons assigned fee the ' • 911INCteg ilk a Hill 10 c bane the time at which that agitra ..bignishruldt fate effect.- •He regt Cited ttat - anillela ;': ahowlehave beet` permlt . ted pa when the Act firit ."fW hr .g riiideied it untipiiiinry. But when the . soR wenk•to aisethvir placcoisebighest kgw.authority in the'kitigdom declaieetthat .nottee. of the change ought to be wet), nit 4 ini . viakitt.Oi t tn.r the operation of the Isit/fli. 4 . • 7 40610 1 A/* . d Ailifsl:tbe'l i 0) of nestOctober..,,* raF wrousit admit, that in- his opinion .that scruple *as not well founded; 'having sanctioned such a scruple - of conseience, tb"depot *born it now because 'they were placed in a sitpetion of 'diary% would be acting upon 4 galWitt*inle of. Legislation. Neither did be see the arivairwiiiiih the Bill now proposed to be brought 'lilt; grog'ilre teethe Bank. If . any loss occurred to them 'friSwi'llt i *, Clillilliditins, whirl he did not believe would bi thiß s ,case, ha ,thought it would be much better for .. Gameensuent.toundestake so indemnify them. If his Rt. Hem Prientptinistrd in pressing the Bill, he should not oppose it' .fiint. hie did think that it would have been 14MXtilkstand honourable to the country if the • lamb heft- to-come into operation at its appointed : .sintee origetoethe 'endows, LI: *Ant to AI that the ma ser. far . affordingvelief to thefeblic had already hint productive of great ler,t . vantage, sad that the cioduet of the &A was most protection*. They had proceeded to est . upon-the measure with the greaten rapidity, and by consulting the ptesibig nature of the circumstances of those who required reliefolleybati rendered it doubly beneficial. .He could speak/ram his own knowledge to the fan that a decided improvement in confidence and in the circulation of trade had been • - vklifie wirlds the last three days; and it cohld'not be doubted that the measers vrbkh the Goeersencnt had adopted, aided by the Mberatifiettget of the illienk is carrying it into egfeet, had produced iliatiraiiffint thaligo: . Mr. PIARSE said, that to the credit of the commercial world, the MA were satisfied that no one applicarititad shewn a disposi tion totrikeenildradvantagerof the relief. They had ail studied . how they !weld take the least posaibk quantity of money ; they . : imiltAiltast enossit,for their immediate wants and no more. Mr. BbItNAL said, that cases might arise in which persons who held goods which had been consigned to - them, having already obtained advances upon such , goods from *Merchant a private banker, would go to the Sant ed . /hi/gland sad got a further sum upon them. Would ft then be fair no let the Bank come in with a pretenses over the lies of das other porde*? He regretted that this law was not al. leered te take its coarse, and begged to ask the Right lionourabk gentleman what had Indeced him to depart Irons a priocipk to Which he lad agreed i Mr. OVSPSSQN could only state that a negOcia tionhaliifig.taken R lace between the Noble Lord at the head of his Majesty s Government and the. (Light Hon. the Chancellor of the Ezchequer with the Governors of the Bao of *ugland, as to affording relief to the country,:tbi i i*ac . one of the conditions upon which they consnateilino advance money for that purpose.— 'rhos/ Genilemett thought it necessary, acting as trus tees Arid not as ,principals, to take care of the interests of those 64 Whom they acted; and they. thought they ' , Attie - iation as the Govern ' It then became Owing eff4te-tis such under . .`,,ibe . 111.114Triiirii he the. Onteepo l person could oplith Rods without. *at it they *at ilk private *1 would t__lttil possession; awl Ipotedly the Una. , his legs, he •.. • .. limn the govern of the Hon. Hens.. ' been admitted the Hattie, had tenths. It had to employ their, their customers, ... Material. He con recommendationof this of &chequer . ..Bilis . . inukOr, _ _ ..re consequent r. .. in-the value of that paper, *Mils must bare ensued. And he could•now state, upon Otte authority of an Hers. Bank Director, that the advances were only made for the usual period of advances 'upon Bills 4 Bucksaws,' Which was three months, and that the Bank did not expect it meta be necessary to extend them beyond that time. `/iir.ClllElklFELL . thought it most gratifying for the Hbul'a and the Country. to know from the Hon. Member fee Timm" and from so many other Hon. Members, that in the City eilLelladown revival of confidence had taken place, and which he bid UlVewslltOught was the only thing wanting. lie also joined his arbuistylidppente of the liberality and admirable conduct of the Bank in carving the measure into effect. . Mr. r t llq#olld same . BY felt the me . gratification . .. which ha been i oxpressed on all hands at the accounts ~_ t!ey Ilear of'retarning confidence and the relief of „commetcial embarrassment. Throughout the debates t4ete had been but one opinion . as to the unimpaired ~, ,t .sources of the country, and its escape from the pre sent temporary dif fi culties which surrounded it. The was": of the country would not be lost by this ..i. , _ • ,partitetauspethion of bus i ness , and little or no difference vo . CQ 01 ' 0 thertfore :vise to our commerce after the storm MI.. t,i / s'• sh 14 ,f ab Ra &O. He desired ti) egress his entire satiifac s • t. A lt the fir trinesi of Ministers in refusing to follow " s Eril acilio a coarse of vicious precedent+, by which as was `'Ylibileted'to individuals out of the public purse. Nothing had ever been doff by sail) , :Waver so•• much in accordance with his feel *isle* th& ditrtniucd TLetwince which the Geveraissent bed re . f!"44T apposed to rite ; clamour by which they were assailed on all aides. If they bad not sta ms ed, they hates hut turned the cur ' Veht . rif si l iathavjejoisprineiple. ' . - ' 0 .‘, MA W. 411 ilfiVesished to know - islifbat respect the precedent • , .of Anliterra- si bad,nnq•when the mewls* then adopted not only .01 ,&ffortic4. ryli4,. but . was rather a gain than a loss to the public. • '. , WTI. rAßbili.l,,,L said, be agreed with those who thought that ' Blinkers had acted most wisely—and that the spirit and principle -mill winch they took thelr course and maintained it, reflected the greates possible credit app them. ~. O ,kir,4I.AIHNH wished to explain, that what lie had ~•630,41,ja.el e gard to the beneficial results already produced ~ „hiriba.measure. was limited to the City of London Tiglaapight be many other places in which severe dis• ,alit gill esisted. and he wisbetto guard himself against liong teadentood to have .applied language to them which might appear like a mockery of th, ir - sofferings. He differed altogether with his Linn. F.iend near hint (air. Abereremby). So far would the Government have been t roar following & vicious precedent in issuing &shaper Bills, that in his opinion they had set a more vicious precedent in the course they had penned. He Was.glad,howiwer, that the relief bad been afforded by any menu; but 11 tbe -Ministers, instead• of resisting the applications which were made to }hem, had Mended relief a fortnight sooner, ' many- a tangly would hay, been eared who were new lamenting over:the wreck of their forsuoss , -.4isavir win Am given to btiog in the all. Upon the motion of Mr. Hens es, the House went Into a Com mittee of Supply, sod & vote of IOO,tOOL el account, for the Civil resoprostes of the year was agreed ilm - ' The gm, resismed i grx e w, R ent worlinhogiso.bi reed* .., 15T19 04 71"P!.. . • . •• a4,^11 gtioCrho.;•t..ok : 36hp0autioy Sin was res i t a sold i11mv44116,04 IS tlittad an Friday. -, • • •r• '• , The Punishment by Hard Labour In Ireland Bill wee read a asausit dyne, and ordered to be committed to-nterrow. . . ought to bl i placed in the same situation meat tgulisr the commission of 1793. his dittT to bring tri the Bill for givini :h urn k i :', .If . be under oped the • Named' itisl; . lii into, ad .*,/louse.p . ~ grir.ltN, • ... taia vs t ace P ." 01 . 4 $4 71 ? il e ti"Wi t o w r il t e 4 '' sn iell CE : l2tni ded I ... ., IfP . itr iTe o r get** wade adOiosaliii Si L - . a 4 1 e : i llst nn nen i t in ;heir 1 w,..1 .. . as Ui one supposi . 1i ,Piregi i.. „o B 44 . .oft At*. Wre on hi! s.i. , ff. tEnTV.I, Cfm4tOltinfl the ouse is} Ili) i; t'"'Wiltrtf4-h7 the tittth4FitT of r Tor' tiunton—with which it had ~.1 4 4NrPf • ,to leeeo4y adopted in . 1 * if 3. 03 I rc ~o ? melte most, beneficial t mi lVi.4,o X . ,re.Auur manufacturers tt b ad ,ellg l iW leikifek 4e demand" upon t :Islit sopOrd the, svith the raw. stitip ailivest it as, s, not -being the least recomm hittistire, that it avoided throwing an accession 4 ' 'itgah'tfiehprkiit, and the Conseluent reduction i K,,. .. . Graham. Sir S. Tellers--Hobbouse, J. C. and Johnson, Colonel. . . HOUSE OF COMMONS. THIS DAT. Noumea or Alarrois.— l. Mr. Secretary Peel—Bill for Consoli dating Lanes on Theft. 9. Lard Advecste—Bill to regulate Scotch Steam Vessels. IL Mr. Spring Rice—Bill for better A,dtrWata• ties of Josdee in Ireland. 4. Sir John Newport-• - Rip to repeal the 44owtovrn Act. 5. Sir JObn Newport—Bill to pievent Espiseopal in Ireland. 6. Mr. Littleton—Resolutions relating to Com. on Private Rills. S. Alr. Secretary Peel—Billto improve he .Administrition of Criminal Justice: 9. Mr. Goalbura—ME did Law of Ireland militating Asciglng and Sub-letting &c. 10. Mr. Goulburn--Bili for . regulating Mandamus !Writs In Ireland. °Mite err vs* Da I .—Bank Cbaiter Amendment, Bill—seiond reeding. Prison Laws' (Ireland) Bill--second reading. Chelsea and Kilmainham Hospital Bill—second reading. Bribery at Elec tions Bill—second reading. . The following P4ition _was preserved to the House of Lords, by Lord Dirciire and WARD, on Tuesday: To the Right Honourable the Lords Spiritual and Temporal, in Parliament assembled. The Petition of the underbigned Aguas of 'several of the British West India Colonies, Hamm , Snewnru—Thu your Petitioners have been appointed by acts of the several West India Colonies, to which their signa tures are annexed, their agents in Great Britain and Ireland, in which character it is especially their duty to solicit from the Legis-. Wore of Great Britain the same sacred regard to the rights, pri vileges, and property of their constituents In the Colonies, as is rhewo to the tights, privileges, sod property of those who are Ml mediately represented in the British Parliament. . That when grants were originally made to . the an cestors of the constituents of your petitioners of lands ' in the colonies, an express condition was appended, that.' these lands should be cultivated, and the means of cultivation were presented by the impartation of negroes from Africa, obtained by a traffic which had long pre , viciusly been established, sanctioned, and encouraged by British laws. That the Government of the mother country even repelled and reproved occasional efforts made by the Colonial Legislatures to limit and controul this im portation. B.elying therefore upon the faith of laws Ifhich this formal!y recognised the existence of slaves as property in the West India Colonies, the ancestors of the constituents of your petitioners, with unhesitating tOnfidence, embarlcei their capitals, - and exerted their fnchntry, in the cultivation of those Colonies by the .labour of negro Slaves: • Acts of Parliament were passed, encouraging limns to them from British sub jects and foreigners, from which have arisen mortgages on their property belonging to persons in this country. Thus fostered and protected by Great Britain, the culti vation of the West India. Colonies. made rapid progress. Large capitals were emharked and accumulated in this brittis4 of Commerce. Cowiiiferible wealth was 10, return' itiiirtied gime, ,tind'opeled - in itstrious.-othei l iouria and channels of national is Instry, while, a nu. rnerius s faidy btable seableo;:irearA and .exer cised iac 'this bir owlt Aimestic trade, gave to Britain a decided pie ttalneneeiri na vat sitength. Th4;*hio,et'a. subsequent period, the British Par liainenr, after 'ltch hesitation, was pleased altogether to abolish het trade. with Africa in slaves, and to render its inininuance criminal, the Wig India - Colonies were obedient WaNie legislation; the future effects of dpiiin theii mein* of cultivation, and of compe tition with theiexi'vals in the markets of Europe, it was not easy to estiniate nor tb foresee the extent and dura iiiiii of the traffic of foreign nations in the save trade. - Although no proof was afforded of the necessity of Stich pretautions from the existence of any illegal traffic on slaves ; yet; at the,suggestion of the mother country, registry bills Were passed by the legislatures 4 involving the inhabitants in a considerable expens:, but which have been c irried into practical execution, and have furnished additional evidence of the sincerity of ' the Colonists, so as to silence all charges against them as to these laws being evaded. At that period, however, the views of the British Le gislature, and the object of those who were most forward to urging the measute, Were avowedly limited to the abolition of the slave trade. Nu intimation was given of any projected interfeTence with property acquired and established under the solemn sanction of law : the British Parliament would, your Petitioners are'pef suaded, have revolted at the b are suggestion of wresting from the hands of British subjects,, without amplecom pensation, valuable possessions w h cit they .had pur chased - and _paid for under special authority. Nay, assurances *ere assiduously held out, that a compulsory emancipation of the slave, which forms the baiis of colonial property, was not even distantly contemplated. It . was always understood that the resolutions passed by. the Cmiunons House of Parliament in May, 1829, and to whith - the toncurrence of your Lordillips is. now asked, contained a distinct pledge to give effect to measures of amelioration; but it was soon after main tained that they also contained a pledge on the part of that House, of emancipation, unaccompanied by 'any , definite pledge of CompeasatiOn fur injury which_pro. perty might sustain in the course of the experiment.' This has naturally produced great alarm in the colonies, to whiehinay be attributed the disinclination shown by several of the Legislatures formally to adopt the re. commendations ?nude to them by his Majesty's' Go vernment. Far beyond regulations of melioration in its effects Upon the colonial interests; is ttie object,. at present pursued by those who are assidupusly employed in agitat.ng the public mind in this country. The abolition of the slave trade having been accomplished, it is now no longer melioration of the condition of the slaver, but the extinction of slavery itself, which is the avowed aim, —coupled, it is true, in many instanees,wi.h an admission of the-right of the planters to be compensated by the Legislature for any injury which 'may arise' from this measure to their property; Your Petitioner* apptghend that it is intended to follow up the Reiolutiens base. mentioned, .by measures for enforcing the compulsory manumissioreof the slaves, thus itnenediattly. invotlit)g the rights of property, affording serious an - tasty fty,tite independence of the Colonial largislattires e and.tbil safety~ of their" felloii•subjecrs in these, cotoaiti t who* ititivestait is their dbty to'tirsitch. Your Petitioners are standing it may happen - blitr, t: fp , st ~ 114%1,10 nr.questi as basis securely be founded the hopes of further improvement. Your Petitioners, conceiving that the degree to which the public feeling ha, been excited on the subject of slavery, and* the call foci its early ettinction, arias mainly from a misconception as to actual condition, of the slaves in the British colonies, humbly pray that your Lordships will take into your consideration such info tion u your Lordships may command from 'authentic and impar , tial 11011 f Cell, on this important subject. Aad, finally, your httitioners.pny, that in the exencise of the wise and cautious deliberation which your . Lordships always apply to every question affectiog the rights of property proadalon may be made that neither directly or indirectly,. tbeiproperty which the paleedsts hold under tke sanctioct of. law, =ay he invaded without 4011 l costspeitsation. 4 .. GEORGE HI BRERT, Agent for. Jamaica- GROItGR CAItRINGTONcAgent for Rarbadoes. JA 3114 coLgunoux,.Agent for St. Vincent, Dominica, Maris, nod the Virgin Islands. ANTHONY BROWNE 4 Agentfor Antigua. Mr. GOULBURN AIWA direttute In opialicq phall - .prevail 'qtr.' con tweed the Judges oloar iell* .Ontufmlefft:::: . ‘ Cwre l liP ortZ , rid I' ft,/ "iliVetionies as-to 4,lse mtge. of the-measures to ,the tho Irish 4overolosk....Oodiret to In B a nk misance & —lliitliuttsl l 44.4tile# 2 lo l'iT 4 : ' -'t - • yetis . gevertheiesi: uttitomtip. , 1 yi asOarirstiliSPC." . M r ' 181tRi n gfilinu g hs tr alk• ilia "tint to It l 4. 116 * /411 , , ' ihd •as .i ta' .- ah* -5 1:••• I' '' :. . 4. 7 4 • t:, - 44 i i.ot t h em : , for . liv i tiol i r ry i i : w ilt iiditito u su4:44, t p 4, R. 4 Sitort•Ms•ttbit poi t- of theitoksoistwto meliorated* pis- r il . ist tooti, i blesitltha*lty Eitionsse. .:: Alitiott of their slave poisulat;on, to add to their temlfcral nis I Abhor's, Vls'conne . „,; 1 Sir W. Polots,.W. & 'comforts, and to pursbe such gradual measures as shall, than Bernal RAO . ~,..? at, Or *abet ;41sitaysse -': • : ' y raising their moral character, encourage indititrious fort loe, Make, Sir F. • • - ward, U. ° albilisslO ir ri* I --) obits and by quickening tbeir relig ious feelings fit C,olbirne,N. It. - Hopwood, W..11t. SAWN, A. W. ' ' 3. . ' nec Corbett, Poston ..- belays Ihetica' i, .alillesed, W. , ikon for the enjoyment of more extertitve civil rights ; .. . Davies; IL H. . - Nosh Tboillirs.::l).Tainew John ' - znd'your Petitiontos would humbly appeal on. this part irk . Deltholl. W. J Knightvßeboliton I MAK, fildword• of the subject to the zealous and liberal co-operation 4 Diclilmoti. win. - Lomb. Floe. G. : ...WilsokSi .r IL which the religious establishment , provided by the Ise ' Dinicannion, Viscositt lawley, F. Wasott, Ailerons N s imek. J. 1.•!_ . 0 w yv in. m annaduk , nevoleot protection of his Majeity, lus teceived in the unu Ellice, Edosid ilsaits, W. ._ . Ord, W. whan on , John' colonies ; since, ur.questionahly, on this basis may most phr THE EVENING STAR. ' . -+r THURSDAY, MARCH 9, Is? 6. STOCK EXCHANGE, TWELVE (mimic. The Funds have improved this morning, in consequence of what Messrs. Bmingi and Hirsamicoe said in the House of Commons last night, in regard to confidence reviving. The Market opened at 771 for thi Accpuat, and sooo•after were dam at 78, gad may be quoted, up to the present time, at 77; to 7s. Exchequer Bile 1 prem. A good deal of businew has beef' done. In the Foreign Market, all prices are nominal, and nothing is doing. Current Prices : Old Spanish.lo*, Mexican 621, Colombian new 47i 1, Russian 754 71, Bras Wan Bonds-64. Greek Bonds lei. • ONE O'CLOCK. . The Market has aphis improved since Twelve o'Clock, and Consols have been done at 7$ to k. Money still continues plen tiful, and may be obtained at se per Cent. on Stock. PRICK OF STOCKS AT FOUR O'CLOCK. Bank Stock Shut. 3 per Cent. Cons. 77% 78 77% 78% 3i per Cent. 86 A y e A 31 per Cent. Red. Shut. 4 per Cent. 951/4 3/4 34 % £l,OOO Ezc h eq. Bill. 1 2 prem. £5OO ditto 1 2 prem. MO and £2OO ditto 1 2 prem. • • Cons. for Acct. 7744 78 77% 78 78% EXCHANGE. London, SQ. ' ).5 11%.15.614,11 146"117 .#01$040 SViiWo -.P •' iitaoil - : c Ow, 7. Ilet; e l 44 , 4 1 ,404•.: 0 ..411. , ,s: -.or ...AIL 111 C• . V , ler CiVii:.? .P.6.444'.. j • • *4441 . • 6.5 c. : # ll'l4 44K. k J! ~.... kowil ..1. • :»•, 11 , t,oBof. ~ ;, ,F.Q41111014. IFLIIIII*, TWO O'OI.OOA . t . .413110 Dits,4lp C. , •Idonicanlido,loll l 6pe..ll. II 4 .13dsliliA, dti 1 f Ono kart. OSe 2 } 4.,_ Ace- 4'411. I •• 'Porno. Ills. 6P C. 31i I ... 3/404i ilirmis..3l C. • 51111 • *mow 1141.1422 ) 5r C. 871 Qteek Bda. lass, is% Itawarlitls, 1812, 6 p C. 73 , Ditto Acct. I/4 • - i 'Spat s p Cl. Cons. 10 Si 10 BRITISH AND FOREIGN SH AR R N TWO O'CLOCK. mate. 1/111114 2 100 4t I •" L '" •24 221 .t ', 400 " - i0 1 :' SS • u Ditto New . . ; • - •:' 11 "' 40 ! 1 ''' "‘" 7.. 14 IS/ 141 Welch Icon & Coal '''‘' • ' - 41/1' '• ' " ' ' 4 . ,~:~: y i ~ Anglo Mexican spm. Tlalpuxahua • United Mexlean After some considerable agitation in the early-part of the week, it appears that the funds ace slowly - but steadily rising. This is a sure indication of the return Of confidence. The pressure on the money market has already so far abated, that the great capitalists, who, to preserve them saves against unforeseen contingen• cies, to provide for their own engagements without Smiting ! to the resource of doubtful payments which "they had in expectation to receive, and to take up negotiated Bills likely to be returned upon them by Ithe• temporary failure of the acceptors. had hoarded money to .an unexampled extent, are now begin ning cautiously to, invest the sums which they think it unnecessary any linger to retain unemployed. Another class of monied men, bad no doubt locked op very considerable masses of the currency, expecting to see a decline of prices, when they could, by . the tempta tion of ready money, procure beneficial investments, as well in stock as in merchandise, on easy terms. These it would now seem are beginning to put the capital in MG T tion, conceiving that prices have nearlyteached their mi. nimum. The consequence of the rumbinedOperations, both classes, aided to the demands of foreigners, who will. r oot fail to take the 'benefit of our depressed markets in the present situation o.eirriirs, will, in alI human pro -. bility, create sucli4 Tr i-tetien, as most ins very short time render morwrahs,todantly plentiful,, and restore mercantile credit , to its healthy state, •reproduce fad lkies of 'discounting. 'Ott the.„ best and only beneficial tOttochttinn—real and kiratfure mercantile transactions, the returns of which, g i kthiis only anticipated by ad- Mares of money, oestlime which is the sign and symbol of the negotiatitm.:=the acceptance of the purchasel-. We sincerely congratulate the- country on those symptoms of returning prosperity, for the truth of which we have the testimony of Mr. BARING, in the House of Commons last night; and we turn to the prospect with mornpleasure, as we are convinced the nation is indebted , :sallse firmness of his Majesty's Government,. and:**bwri 'inexhaustible resources, for the`beneficiAl change. Speculation has done its worst, and though the prime agents who fostered and encou raged this teinpatitt ' liMilty in the minds of a deluded people, •may far . a thee escape punishment, we are convinced thelessoa'svill mitt be lost upon the country that in .futons the purchase of a joint stock share will, itt the Mill of .I real British_tnerehant, be con ed wills amilisted.. ideas of danger shipwreck-at feletdotlnah,! With the iieti* rise Um bankruptcy and e bargees, with tteisevergarl conruomatkn, tke:ru;n.ond beggary of the family of adventurer. Facilie Descentra Averni.•ll- is easier for.the 'Ethiopian to change his colour, that-for sec , tessful gamester in time-barglias to avoid: doubling his stakes, and trying his hand on the last desperate throw which completes the destruction of own Fortunes, and. of those who may it tinhippdy con , netted with him by_ the ties of conseilasinky anti friendly confidence. p• Although the present Session of IP,arliemett halweer unusually active, yet it hiss net, to use an American; phrase, progressed Much. Its time has, however, beer, very usefully employed in discussions on the caner:Cy.' and the state of commerce, in which much vainabie information has been elicited, arid the country has become fully acquainted with the policy of bisMajesty:e Ministers views ;tea policy en sound and enlightened that there is no fear of its ultimate triumph and popularity. Much, however, of the time of the House of Corn. moni has been occupied in the Committee of Supply, in consequence of the perseverance with which every item of the' Estimates has been objected to by. one or two of the Members ; who, at the time they insinuate zreat discontent prerails in the country, in consequence of the stagnation of trade, and that evea Vle,are not sore of a continuance of peace, would seduce oar Army and Navy to that of a petty. State. -What! is the idea to abroad among foreigners,envianstand jeakros of our commercial superiority, that, Gteat Britain Which only a few months ago prodigally poored forth- bee treasures into the hungry jaws of every other nation who wanted supplies, is now herself so dispirited by. a short season of adversity, that she must call out her watchmen, Constables, yeomanry, and local militia, to mount guard over her arsenals and strong places, for want of means to pay her troops ? and, after all, where is the economy -of taking those peaceable citizens from- dleir ordinary avocations and induvrious pursuits, and -requiring them to perform military duty, which can be so moth more effectually and cheaper performed by the soldiers? We confess our astonishMent afthe proposal to reduce the army and supply its place by volunteers, in order to save the pay it'd' Clothing of our 4eterati troops. —Truly, if our cotemporaries wished to degrade the nation and render her an object of instift to the petty States of Europe, they could not moreetec l inally have pursued their object. Again we saeirrifrote who object to the Estimates—examine the rialArros 'Services for which Money is asked—point out ''allirrnifeihich can be dispensed with discuss its tiPedieberincie ference to its o*n merits, and not in referelieeio the . g . number of bankers who have stopped But lib not call on the Government, by a /rogue and,sweep ing generality, to suspend the orcnaapy discharger of public duties by a pretended necessity for which there Ala° foundation. 4 'l4 4 . . . —rooseep....* • • . ~ • Lisboa Gasettes to•theOth Illammthedistrthitiare nom, but they contain no #6lDitOl newß • stdess wre except the answers of the Courts of Ronseitlopenhagen Stockholm, Path, Sardinia, a'tvd;Nrkntsi, the' notification of the treaty ret9galititg indfie4cfence of Brazil. • • .. • 7,4 The AilgentrineUnni, Of'the 2d in stant„Aieefred this forenoon, gives a frightful *Views .of, the cog:" mer cial distress - which prevails at,;Setlin, -where twenty houses have failed, some of thim to very large amounts —the funds are falling mostrapidlynobotisi hoi any longer credit, and such is the' state of alstrf,n, 'Oct, the deposits are withdrawn from the fliavingS' flan . ks,. though they are guaranted by Abe City'. .TM.bonds of the public debt fell nine per cent.latWoriaytratid trade was perfectly stagnant. 1a Sidia.`4l+iidtin, much of the calamity has ..atisock? . ski t e.'agetritid alarm, but it is observed, when thelkatlsiusr-s,liave 444, it is no, wander people-lose alloongOtoce. • , the following is the article to which We have alluded: BERLIN, FlistrAny 21. ,; Twenty mercantile houses, among which are several of the first rank, have fallen here since Abe env! of last year. A general consternation has arites, lry.wh;ch, however, the evil is only rendered worse. Ne house any longer has any credit ; all money lent is tailed in, and even the deports in the savings' bank are. eagerly withdrawn, though they are guaranteed by the' city. Fir the first tune, we see merchants despondirig, who had hitherto carried on a successful busirress.) - !On-bur ,Exchange. yesterday, the bonds of the • Wylie (Steaks Behuld-scheine) fell full 5 per cent.- as well , as the English Loan; the first were quoted at 80, she. second at 90. We have nut had so great a fall for these eight k year; and it was hardly thought possible, as Oscura- Sancta were, that thee could be a farthet decline. —These expectations were, however, listieefulty 'disap pointed on our Exchange to-day ; the bpqo, of the public debt opened at 78, and at the cloy of,tbe day were unsaleable at 76. The English 10111 e *Oat 85 ; and bonds of the March of Brandenbmtgaild oat be sold at 74. Even the obligatioPOCebeAintsk Duchy of Pekin, which by the stattstim see..jiehlied.le the most ample manner, - fell 6 per cent irtea",Ays, from 95 to 89. Vienna Metalliques are, indeed, quoted to day in the pt inted list at 85, but in fact they were at 12; and the bank shares, quoted at 75t0, could not be sold at 700. ' Everybody inquires, with astonishment,what•san be the cause of so great s decline, and nobody: eiti "sign say sufficient reason. It cannot be the apprthertaiiii of a general war ; for, if contrary to all prohabilkw peace , should be interrupted, a war under preseist, eiii*tristan ces old be partial, and of short den . tists This cause vaeuss , in he ant in political, but its feelStioas. fatter have, been very differalt-Ance4husisteration jnif f iiht peace•of licurope—fftom•what They were in the pb *ding VS years of This cliange of cit- f