Star. — London, England, 1822-07-17 00:00:00

T .11 t r:' 7: ~"'~~-' MIL GALT'S LTYP OF CARTHNAL WOLSEY This day was published, In Ope'Volunse, 4to. with Portrait, price One Guinea, inboards, THE LIFE god ADNILNISTIIATION of CALI DINA L WOLSF.Y.—By JOHN GALT, Esq. Second Edition. Printed for T. Catlett, Strand; and T. and G. Underwood, Fket.street. -- ___ --- PARLIAMENI ARV PROCEEDINGS. HOUSE OF LORDS, J Ll' 11. Lord ERSKLNC presented a Petition from certain inhabit tants of London and Westminster in favour of the 111-treatment of Cattle Prevention Bill.—Laid op the tab!e. The Fees of Courts 11111 was read a third time and passed. The London Bridge Water-works Hill and the Scotch Spirits Drawbacks 11d1 were read a second time. Mr. Worries and ethers returned the Marriage Dill from the Commons, with a message atmouncing that the Commons had agreed to the amendments made by their Lordships therein. cnuilvry TO A SINIALS. Lord ERSKINE moved the second reading of the ill-treat . resent of Cattle Prevention Bill. His Lordship referred to the Bill which lie had introduced into that house some years ago, and which had been rejected by the Commons, and said that the chief obji-ction to it lay in i:s preamble, an objection which did not now exist. The principle of the present measure had al ready been smctioned by the Legislature, when it lately passed a Bill prohibiting Bull-baiting entirely. Ile explained that by ill-treatment 46'34 meant wanton cruelty, or cruelty for its own sake, and •I that he did not recollect one case of ill-treat nient to animals in which the owner was guilty. Those cases gener:illy occurred with those who had the care of cattle. 't - he' Noble Lord then stated, that having once seen a man ill tteating a horse to a sand pit, he had interfered, when the individual said, " May I not do what I please with my own?" As he (Lord Erskine) was retiring, however, he heard the fellow say, I've cheated the Lawyer," meaning that he had passed him s: if for the owner of a horse which did not belong to him. Ott aring this, he (I.ord Erskine) had returned, given him a Food coni,ig, and afterwards received the thanks of his master for .o doimy. •r!,, Lo 11 D Cll A NOEL T.OR said, that although he did not approve :11topether of the measure, he should have no objection tc allowing the Bill to go into a Committee. Atter a tew words from the Earl of LAUDIIIIDAW the Bill was re:td a second tone, and ordered to be committed to-morrow. CURRENCY. The Order of the Day for the third reading of the SaJail N.ites Bill having been read, The Earl .f CARNAItVON would not object to this Bill, but it would not do enough. If they threw as much into circulation as before the return to cash pi:yrs-lents, it would be productive of much good. It mould be impossible to obtain a sufficient quantity of gold to enable private Bankers to meet large de n:al:as for their notes, and therefore none of them ould venture to issue any large quantity of paper cm relic y. At the present low pi ices of gold and sil ver, which he believed were both below the Mint price, he did not think it probable that we could have any very extensive circulation of paper. As, how ever, this Bill would in some degree increase the cir culation, he would give it his support. But this was almost the only measure of relief that they were giving to the landed interest, now sinking under dis tress of the very worst kind. He denied that this distress arose from superabundance; but he could stew that it was intimately connected with every change that had been made in the nature of the cur rency. The Bank of England and the Chancellor of the Exchequer, ( ; hough he meant not to say that either of them were conjurors) seemed to have power over the Spirits of the Mountain and the F.:11," for they had produced plenty and scarcity at their will. The Noble Earl, who talked of our milortunes arising from superabundance of production, should give us prayers for scarcity, as we had for rain in di y, and di ought in wet weather. He took a view of the quantities sold, and the prices in 1820 and 1621, from Which he contended that when the supply was the greatel the prices were highest ; and there fore the Noble Earl could not contend that it was from superabundance that we were now sufferi.lg. When we increased our issues of paper money, the prices rose ; and when it decreased, they fell, until they produced the ruinous effects, under which we were now so deeply suffering. No doubt he should hear a deal of decla mation about the difference between war and peace prices; but he contended that there was no difference in the prices of agricultural productions in war and peace until the passing of the Bank Restriction Act. —ln 1780, when we were near the middle of the Ameri:an war, bread was cheaper than in 177.5, when it broke out. This went on until the suspen sion of cash payments, and then the prices rose ; and from 1814 to the return of cash payments, the price of wheat continued to rise. The restoration of cash payments produced a failure very general among the banks in the country, and this produced a very sud den and great alarm, and-a depreciation of the value of agricultural produce. By an issue, however, of .five or six millions of Exchequer Bills, the currency was increased, and there was great relief afforded to agriculture; at the same time the Batik threw the gold, which they had withdrawn from it, into the market again. But, in 1819, they again withdrew it from all the markets in Europe, and that produced a sudden depression of all agricultural produce.— There was another view of this subject, and that was, the calamity and distresses of Ireland. By the dis tress from the failure of the petatoe crop, the greater part of that country was in a state of revolution and famine, in the midst of plenty. They had been called on to pass the Insurrection Act, which amounted to martial law. This arose from the almost impossibi lity of paying rents and tithes, from the scarcity of a circulating medium, which enabled them before to p a y the enormous tales of the country. Those who objected to the causes of the distress which he had assigned, ought certainly to shew some other more feasible causes. They ought to adopt a standard which would place the burdens more evenly on all classes in the country. The Committee on cash pay ments should have inquired, what was the capability of the country, to bear its taxation? But all they seemed to think necessary was, to know whether the Bank was in a situation to resume cash payments.— beware then that they did nut, by their measures, increase the distress, and bring the land owner to retrenchment of bis means, which must diminish the revenue.' The yeomen were formerly the great pur chasers of land, but now their property was mort gaged; and men who a year or two ago reckoned their incomes at thousandF,were not now in the receipt of so many hundreds. If they did not look to this state of things, capital would fly from this country to some or the other countries of Europe. We were told, that in justice to the funtiholder they must keep up the taxation of the country ; but he aas in closed to sieat.out equal justice to the landholder.— did not conceiv e th e p u bli c cre di tor intitled iu justice to be paid at the expense of the landholder 7 . .o",' • 7 WPW' Z.L . V . 71 and farmer. Those who lent their money to the iltate before the BanV Restrict ion in 1797, were intided to some consideration, because they lent in an undepre elated currency ; net so those who lent their money since that period, He wished to knew where the Sinking Fund was now on which security that money was lent? In fact, Ministers had been obliged to re duce taxes to the whole amount of that Sinking Fund.d But the truth was, that by the change of the currency the burdens of the country were as great as when the whole arhount of taxes were to he paid. By this it was that they had rendered the Sinking Fund unpro ductive without any adequate relief to the country. Instead of an act of justice, and a boon, this altera tion in the currency was an act of injustice and op pression. No one could engage now in long pro spective contracts, and such as had been entered into could not for the most part be fulfilled. No instance could be shewn in which such a complete change of the curreac7 bad taken place. The country was told that it was in a state of great distress, and was bid to look to the natural course of events for relief. He hoped he should not be told we had so often changed that it would be useless to change any more, and that it was necessary, at all events, to complete what had been begun. The country was, in fact, in the state of a patient who had been brought into a state of great danger by a variety of remedies. It was necessary for Government to retrace their steps, and by making silver the standard of value much good might be done. Lord LIVERPOOL said, that those who proposed the* present measure (Small Notes Bill) never had stated that it would produce a very extensive relief either to the agricultural or any other branch of the community. The Noble Lord had entered into a long argument on the subject of the alteration of the currency. But he (Lord Liverpool) could not con ceive that that change could have contributed mate rially to the present distress. That distress was not to be attributed to a single cause, but to the com bined operation of many. The arguments of the Noble Lord, from former wars, could, in no degree apply in the present case. Then therm were Only two or three belligerent Powers ; whereas, in the late war, the whole civilized world was engaged, and exer tions, before unparalleled, had been made. He (Lord Liverpool) had never complained of over-production; but had only stated that the late war had forced into cultivation land that was not worthy the expense of it. Had the Noble Lord ever heard of a rise of rents equal to what had taken place in the late war?— From 1792 to 1814 the rents had been in every case doubled, and in most tripled. There was no pecu liarity in the article of grain, for the same over-pro duction had taken place in everything else. The , ports of the country had been shut for a period of from three to four years, from February, 1819, to the present time. From Ireland, instead of an im portation of from two to three million quarters, there had latterly been an importation of seven and a half million. The purchases of Government in Smithfield market had been 30,000 oxen annually, and chili ex pense for the article of provisions generally, on the part of Government, had been two millions sterling each year. Should the Government be so absurd as to engage in a contest that would call for an addi tional expenditure of two millions annually, all the markets would immediately rise. The Noble Lord proposed an alteration in the standard ; but the real effect would be a partial national bankruptcy, by a breach of faith with the public creditor. All the loans had been contracted on the express understand ing, sanctioned by Act of Parliament, that, at the return of peace, the ancient standard would be re stored. Up to the year 1808 there had been no con siderable depreciation; but it was impossible to make a difference between the different portions of the National Debt. He saw no necessity, in the state of the country, for any alteration in the currency.— Dining the war the great pressure fell on the an nuitants of all descriptions, not on the fundholder exclusively, but.on him among others. Great changes had taken place in the relations of wealth ; but there was no diminution of the wealth of the State. Any further change would shake to its foundations the credit of the country throughout Europe. Lord CA LTHOItPE expressed his conviction that it would become the duty of Parliament, at some future period to revise the last measure respecting, the currency. The Earl of CARNARVON explained. He never could assent to the proposition of the Noble Lord op posite (the Earl of Liverpool), that it had been under stood at the time of contracting for loans that the resumption of cash payments was to have the effect as at present felt, of making an alteration in the value of the currency. The Bill was then read a third time and passed, when the House adjourned. HOUSE OF COMMONS. At four o'clock the Smarts counted the Members, and but thirty-eight being present, the House was adjourned. HIGHGATE CHAPEL BILL. The above Bill is a remarkable instance of the con trivances which are so frequently practised, and are but too often successful, in diverting the funds of cha ritable endowments, particularly of those connected with education, to purposes never contemplated tly the donor. In the present. case, the attempt to subvert, or at least, impoverish an ancient and benevolent institu tion, founded for the purpose of liberal instruction, and called, THE FEES GRAMMAR SCHOOL OF SIR ROGER CIIOLMLEY, at Highgate, comes from the 1 rustees themselves; whose first and solemn duty it was to defend the title against all adverse claimants, and to carry into effect the intention of the donor, as the condition on which the trust was bestowed, and the pledge which they gave by the act of its acceptance. The promoters of the Bill are named the Wardens and Governors of the above.mentioned school, and they propose to deprive the charity of a considerable p:trt of Its revenues for the purpose of building a Chapel, and of constituting the village at Highgate , add its vicinity a district chapelry or parish. I'he funds, which amount to nearly £lOOO per annum, are to be distributed, not according to the express inten tion of the charter or the deeds of endowment, but in such manner as the Trustees for the time being ara pleased to appoint; and it has been their anxious care in the framing of the Bill, to defeat, as far as they could, the express provisions of the letters patent of Queen Elizabeth, and the letter and shit it of the grant made by the Bishop of London and Sir Roger Choltn- i rte ' "liar : , •~,~ 71 7e-Tfrl i - >; _ put a se appropriation of the funds, which, as negates, they have no more right to convert to uses different from those specified in the deed which invests them with that character, than ►_hey have to make an assign ment of them to a stranger, or to apply them to their own privateemolu meta. Dtit as such an intention could not be effected without a legal decision, or the ac quiescence of the Legislature, the Dill was founded on an assumption that a grant made in the year 1565, by the then Bishop of London to Sir Roger Cholm ley is void. lf, indeed, the invalidity of the title were, as is stated on the shewing of the Trustees themselves, the only means of opening the settlement of the funds o•f the charity to a new appropriation, it would be naturally supposed that, as honest and conscientious men, anxious to discharge the duties of their trust, they would endeavour to ascertain the real state of the title by the only competent authority—the Court of Chancery. But, on the contrary, how do they act? When an information in Chancery is signed by his Majesty's Attorney-General, and filed for the purpose of ascertaining the title, the Trustees shrink from the equitable investigation of the rig/it, and actu ally i::trocitice a Bill into Parliament founded upon the assumption of a defective title, while their whole conduct proves that they fear nothing so much .as that the said title will be too well established in Chan cery ; as, instead of putting in their answers in Chan cery, they have taken advantage of the forms of the Court to obtain a motith's delay from the 4th inst. which they hope will carry them over the Session, while, in the meantime, they hurry on a Bill in Par liament, in order that the legislative proceeding which assumes the title may interfere to prevent the equi table decision which would prove that title unimpeach able! Should this attempt succeed, the consequence would be, that there is not a charitable institution in the country, however ancient or respectable, which Would not be rendered precarious. As to the funds being ?Mended for the erection of a Chapel, it is nothing at all to the question. And if this were to be diverted to the purpose of erecting Assembly Rooms, the principle would be the tame.— Once allow the maxim of law to be violated, and the application of the abused property will be as various as the interests or caprices of its disturbers. The rectitude of the application cannot be separate from the legality of the principle. A Chapel is a good thing in itself, but when founded on the disturbance of charity—on the subversion of a just title—on the _contempt of legal principles—and the establishment of a mischievous and dangerous precedent, it is a • destruction of the rights of society for purposes of Church emolument, which, however sanctified in its pretext, cannot but be execrable in its real object ; for that can never be auspiciously. dedicated to Gov which is the spoil of the Public and the testimony of injustice THE EVENING STAR,. LONDON. WEDNESDAY, JULY 17, 1522. TIIE FUNDS. STOCK EXCHANGE, TWELVE O'CLOCK. The Funds remain steady this morning, without any fluc tuation, but the Jew party are very eager to make up their ac. counts—it is supposed they are great Bears in Stock. Consols up to this hour arc 801, Reduced 80, and 811 for August. Foam), Marc:.—'he above Market is very heavy this morning, and little business doing. A report prevails that M. Zea and the whole Colombian Mission has been recalled ; other accounts state that he is going to retire, (mint to a bad state of health. Money is so plentiful at present that scarcely two per cent. can be obtained.—Old Spanish 611, New 61i, Chili 1 - 91 New Prussian 86, Old SS, Money for time 61i, 1)ani:1 S6l, New Russian SE}, Neapolitan 71* e, Olu Colombian 1011, New 831. STOCK EXCHANGE, ONE O'CLOCK. There is but little business doing within the last hour, except in making up Accounts, to-morrow being the Settling Day. FOREIGN MAREET.—There is but little business doing in Foreign Securities, and the Market looks heavy. PRICES OF STOCKS AT ONE 0 CLOCK. Bank Stock 246 1 / 4 -3 per Cent. Reduced 80 1 A 80 2 per Cent. Cons. 79 1 / 4 3 / 8 ex. div.-3 1 ,4 per Cts. 91 4 per Ct5.97 7 / 8 3 / 8 3 4-4 per Ct. New Ans,9B 9778 98 Bank Long Anns. 20 5 / B —lmperial 3 per Cents. 79 1 4 India Stock 246%—India Bonds 545. 555. New Annuities 79 1 / 8 79 _ _ Exchequer Bills (£1,000) 3s. ss.—Ditto Small 3s. Gs. Consols for Account 80 7 / 8 3/ 4 4. We are without any later intelligence from Madrid than that given in the STAR of yesterday; but one of the French Papers (The Constitutionnel) of Sunday, after giving an account of those events, as detailed in the Spanish Papers, states, on the authority of a private letter, that besides the Duke de L'INFANTADO, 120 persons, who were chiefs of the conspiracy, have been arrested, and that all the projects fur carrying on the counter-revolution will immediately he brought to light. Indeed, it is more than probable that an Extraordinary Cortes will be immediately convoked, for the very purpose of probing the whole conspiracy. of which the mutiny of the Guards is but a branch, to the bottom. Such a step is a momentous One, inasmuch as it will probably he proved that the King of SPAIN and the agents of France have secretly countenanced, if not -actually excited, all the conspi racies that have agitated Spain for the last two years.l The conduct of the French Government, in sanction ing the most inflammatory libels against Spain in the Paris Journals, the formation of a large army en the frontiers without any alleged motive to justify it,' and the protection given to every insurgent Spa niard, are all proofs of the connivance of the French Government in the ultra-royal plots in Spain.— With regard to FERDINAND, the evidence is, per haps, scarcely less conclusive. His former. vonduct. on his restoration, necessarily subjects him to sus picion ; and although, in 1820, he solemnly swore to ' '. • t h e cenedissfiint, retite has permittea piott it, which one word from him might have sub- Even in the last affair at Madaid his conduct of that indecisive character which stmngly w i s h e s. The pointed manner in which he , that it *as not against Aim that the Guard s revolted, as if separating his interest from that of a 9cverament founded on a Constitution which he had sworn to defend; the relbctance with which he co n .. ranted to the rebel guards being disarmed ; a n d hi s want of confidence in the Ministers and in the Cotter, are all proofs that the Km) seeks to throw off ti:e restraints of a limited authority, and to be the .. a b s , lute King," his ill•advised partisans would make hi m , It has been said by some Journalists, both French and English, that FLRDINAND is a prisoner. I t to prevent his escaping to France or to Catalonia to head a new conspiracy against his count y be prisonment, we doubt not but he is a prisoner. Th t situation of Spain is critical ; the Priests, stripped a a portion of their immense revenues, cann“ easily forgive the Government that has done such an vv. of political justice; end in a country where hig , t ry so long predominated utrzbecked, the Priests st i ll re . tarn some influence. This they never cea eto e xert , not only by secretly exciting conspiracy, hut by not unfrequently heading bands of Insurgents. Should FERDINAND once escal e and fall into the lrailds of these, he would be made the pi ctext for waging a civil war, which, though it would ter mir.ate i n driving him for ever from the Throne, rnrght deluge Spain in blood. It therefore behoves the Govern met of Spain, and the Cortes in the ssisdom of councils we have great confidence, to act temperate:y but firmly—to trace these various acts of insubordi. nation and of treason to their source ; to ss re!d the power they possess with a strong arm in crushing r:1- surrection wherever it appears, and to demand from France some explanation of her recent conduct. We wait with much anxiety for the next AI TiVa:i from Madrid, which will shew the state of 0.,1; c: spirit in the capital, and what influence the nani::y there has had in the provinces, where it was Derr likely to give new hopes to the insuri,ents who :ire already in arms against the existing Goverrinier.. We trust; however, we shall hear .‘ rcbejlion 1.41 ill luck," and that the cause of Constitutional L'Jt: tY has triumphed. FROM THE MADRID PAPERS. " ;AIADRID, JULY 8. " All is finished : the small party of Guards who es:, pr,! in the night of yesterday presented themselves, and prayrd tor rar. don ; all the rest have perished. Several waggons, loaded w:th wounded soldiers, have this day entered the town. At ft-a o'clock in the morning, the Auxiliary Bishop of Madrid said Mass in the balcony of the great square, in presence of the Ns. Clonal Militia and the garrison, to whom he afterwards gave :h: benediction. ATs Dern& was sung. This; ceremony attrii;:eil an immense concourse of spectators. " The Palace is guarded by one of the regiments of the gr. rison. lhe King shewed himself at one of jhe balconies of !'_t Palace and bowed to the National troops. The battalions d:••- tined for Vicalbaro and Leganes arrived peaceably, and r,:re received in the midst of cries of Long live the Constitution:— The most perfect tranquillity reigns in the capital. " By letters from Cordova and Seville, and the statements is different periodical papers, we have the disagreeable intelligetc: that the Carabineers in the neighbourhood of Cordova, dis.r..i fied with the order for the reduction of their small corps, mini frsted their discontent a few days ago, by mutinying and cc camping in Castro del Rio, four leagues from Cordova. In that city it was believed that it was the intention of these truops :3 solicit the Government, in decorous terms, not to care• effect the intended reduction, but that until they received as answer they would remain In a situation not the must paciii,:. " As soon as this sews was circulated in Andalusia, is rry duced that unpleasant sensation which must be felt by all ka niards, who are well convinced that on o►edience to the laws, respect for lawful authorities, and the preservation of order, all public felicity depends. The towns remain tranquil, and the M.- gistrates redouble their vigilance to prevent still greater esds. " As soon as an account of this event reached Seville, 150 ;r -fantry of the Majorca Regiment, and some artillerymen, ivi:h two pieces of cannon, marched for Cordova. The troops wce drawn out, and every necessary measure was adopted, butk the preservation of order and for recalling the Car.dainters their duty. With the latter view the Commandant-General :1. dressed an Order to the Carabineers, and the Political Chief formed the people of Seville of what had occurred by a rc. clamation, dated the 25th of June. " The accounts received by the latest corresponcier...• speA of the Carabineers having been attacked, and of the drc r-1 Ob ject having been accomplished : but as the letters front tlitferer: parts of Andalusia vary as to the circumstances of this Intrllignce• we abstain from referring to any of them until we can F.O l -' , them with that assurance of correctness which is neceisar. describing events of so much importance."—Madrid Letters from various parts of Spain state the sri :t of insurrection to be widely spreading in the Souther:t ovinces, and that the Insurgent bands had stopred the Mails. A report was circulated on 'Change this morning. that a body of French troops, in two columns, bad entcred Spain. No credit was attached to the report , which was considered a mere Mock jobbing rumour• Letters from Santiago de Chili of the 11th received by way of Buenos Ayres, state, that Gen::al SAN MARTIN embarked on the 7th of February 1• r Guayaquil, to hold a conference with Gen. BouvAß , Troops had left Callao by sea for Arequipa to attack La Scrim, who had retired on Cuzco. In Cll6 J.l was tranquil. The predatory Chief Br' A Vines h been taken prisoner and executed. Some tioops about to embark to take possession if the island et Chao. The exportation of wheat had been prohi bited, on account of the failure of the crop,. A letter from Constantinople, dated June 10, the Austria's Observer, states that the Persians are said to have made great progress in Armenia, %dee ley, for the ss ofainienonce soul Nippon tribe Free maintain I Grammar School at Highgate, and not other hies, wor against it, to any other uses." Idend. E These Trustees, therefore, instead of fulfilling the hi as been c intention of the donoi, es the otillikrial Directors the-Charity, put themselves in his place, and attempt thews his ea ths. Fundy which. es Tradedi. observed, they , roei hat of theYsTnet .other hat t per ha i l: h c: They ass sited the a dreakift earth lual The Anti ed e Kadi tat they at the Ise trey irate wir ieve, up( the two P • ittign A m Itormed of Yesterk t town S %lAJE it was ade up at Dalk r bin M • Yestert ief, hel hick wtt eneral eneral tenant-Gt to his Ito The Pi LOCCES' The NI ived ai es r ates, ; f STA S t at rn wit endan , depat yelled A P.II rs by ce of e folk iger D p e e Jt i ice dAn No Wine ake, er ntii egrap KING 4. /:remit r- tis n o tal aMpc, id ENGLI a gin att e grey a e in m d a ti 1-. • es of teude `parent. re grace tl) encored. • anner t ix dinar y racte ring using ertair tt `4ll t4l !, FOOT red b door late Some it sr.] 20, al r- Monk clic are. ties :ft chi( s. slued at r- MC an the D d Pr: sey. t i can and Min :e• • 1 Go' t d tz Fhb Lid e 1.11: :t 'der, oldish, sa St• An uired a IVO. 3 6 OW, n the rt, Last fr. resid • ' ace n .11 ace al hat, R. hand lei they e ; 1 had la L.( Ilrbn a Pri . et . of El of Print cols l e Audi re • •entv 7C h i~ I '43 I