Star. — London, England, 1810-09-21 00:00:00

body to which he belonged * the Country Baninci said that he knew Many of them tabi.eo tgliond ii be himself was, to confine the small curreili'y' us - Bank.. of -England notes, as the only effectual way to check the abuses which must otherwise endanger the Systeni of country banks. It was, however, impossible that the circulation of the country should not at all be affected by a weighty f or eign expenditure ; it must necessarily have its con. sequences, the sending out our specie in large quan tities to support large armies upon the Continent;."" He had, however,great doubts that the patting guineas , into circulation would be attended with the good e on . s equences which it had been pretended woulitresult from it. He dii not think it would put a stop to the boarding, and should ever the silver be issued t o i ts full extent, he did not think it would remain long in circulation. 7 The motion fixing the sett quarterly payment. of the dividend was then put and cairied s and soon after the Meeting was adjourned. MATCH ILIMIRKS ON TN! 11 . (14.V911 RAPORT. licoir Rye ExtfaCt tf te suiljoined-remarks from the iroirnsal els 1' biotin, on their corresponding paragraphs us the• Report of the Bullion Comtnittee • A gesetal rise el all prices; a rise in the niiritet iafet gold, and a fall of the foreign Etehangee, will be the efreeiTish., excessive quantity el circuladng medium in a country which hsw a dopted a currency not exportable to other countries, cif , nreapis wird* at will into a coin which is exportable." ;,! listed jthe Balsa Casseitter,late Note.—lt will excite laughter on the Continent to perceive that the Bank of London could indulge" an erroneous opinion on a question of such an elemen tary nature. England has a Paper Money ; for a Bank Note, tphich cannot be exchanged at pleasure, and at all times, for gold, is in reality paper money. It is suf ficient to cast one's eyes over the different States of Europe, to be able to judge of the effects of. paper money. The effect of it is, to cause gold to be sought after, and wholly to disappear. . Money is only the representative sign of a certain portion of income ; no state requires more than a certain quantity ; and when that quantity is exceeded, the sign is depreciated in proportion to its issue. Isi'rance' we had assignats. These were for som e tithe at par, because they were receivable in payment for the purchase of national domains, the sales of which Were carried on with great activity. During the time that the assignats supported their value they did not obtain this credit, because the pledge , was solid, and equal to the quantity of asitnats issued; but because tfle sale of national domains was orga eiseel, and a great deal of them were sold, which gave proportionate emp'oyment to the assignats : but when the issues were augmented, the depreciation became progressive. Their depreciation did not arise from this, that the pledge was no longer equal in vane to the quantity of assignats issued ; bnt simply to the rapidity of the sales, which bore no longer a propor tion to the quantity issued.. The assignat was then depreciated in proportion to the augmentation •icif . the numerical quantity, in such a way, that when. several thousand millions were issued, they no longer bad a greater valise than as many hundreds of millions which represented the income of Trance for one year. In Austria, it has been observed, that the value of their paper•money was exactly in proportion to the quantity issued; so that when they had exceeded SOO millions of florins, which were the amount necessary for the circulation of Austria, what was issued beyond that sum suffered a proportionate loss. Thus, when they had 600 millions of paper in circulation, the paper was at a discount of 50 per cent. When there were SOO millions, it was at a discount of 100 per cent, Ind successively in the same progression. The value of the objects which it represented remained still the same. The same observation may be made as• to Russia. England is at the commencement of the de preciation of her paper currency. The observ4iOn applies also to her. In proportion as her paper-money n augmented, its valuedecreases ; it now loses 15 and 10 per cent. of its value ; and if the Bank continue to ksue paper-Money, that is, if it continue its discounts, it is evident that the paper must soon be at a loss of 100 per cent. " According to the best Judgment your Conseillgee has been misled to form, no sullicient remedy for the present, or security forthe Niue, can be pointed out, except the repeal of the law ikicit suspends the cash payments of the Bank of England." Rryfrort ofZillion Cesessittee, p. 31. Note.—The Committee reasons justly. AU men vho have reflected on the subject think, with it, that a Bank-note ought never to be paper-money, that is, paper which you are obliged to take; that it ought tot to reinain a Bank -note, but when it can be ex changed at pleasure for money ; that the Act of Par liament Which made it unnecessary for the Bank to pay in specie, created a paper-money ; and that Oc; remedy is to render it convertible for cash. But has this Committee well reflected on what will happen when Bank-notes are exchanged, at sight, for money The notes whiCh are depreciating will come to be exchanged. They have not calculated, that the mass of notes being diminished by a third, which( Will go to be exchanged for money, supposing t 1 1 treasure of the Bank sufficient to pay this third, dais tank itself will be paralyzed, and unable to discount for a long time. But what will be the fate of the commerce of England, if it ceases to enjoy the assist ance of Bank discounts I The Bank, even at present, discounts more than it wishes, because it is pressed by the wants of commerce • eCall3O commerce has an immense q uant i ty of goo ds, for which it has no market. The encumbered state of the English ware houses obliges the merchant to apply to the Bank for discounts. If the Bank continues to give discounts on bills of exchange for this property, instead of dimi. It sidling its p aper i n c i rculation, it must augment it. it does not augment it, one half of the merchants roust stop payment, and will only be able to pay their "Sun with hogsheads of sugar, with coffee, India goods, &c. In the embarrassed state of her coin amerce with the Continent, England having no other relief but the Bank discounts, the very day when the }huh of the y be PA 9 Ply iP Meek. the presse Bain and Man ,0 . 4 "Una felt ur t at all its force. _ "C a MAMMA" ibeitilitt . of which was the retreat of the former... This rumour we con sider as entitled to no credit. It has probably arisen from some incorrect statement respecting the fall of Almeida. We may soon, however, expect to receive important Intelligence from that quarter ; for, now that MassaNA has no other operations to attend to, it is probable he will press upon Lord WELLINGTON, to force him, if possible, to a general action. Indeed, it is known, by an intercepted letter from NAPOLEON to IhiAsszNA, of which we gave the substance some days ago, that the Emperor has enjoined the Marshal to leave no effort unattempted to bring on such an event. A letter from Malaga dated the end of July, states that no new duties have been imposed there since the French took possession of the place'; but that it was sipped that the enemy would avail himself of such a source of revenue as soon as he could do se with any prospect of advantage. No further contributions had been recently demanded. The- Poles in garrison conducted themselves with strict discipline, and to the general approbation of the inhabitants. Some Spa nish Officers had been sent from Cadiz to the neigh bourhood of Marbella, a few leagues to the West of Malaga, to organize the patriotic peasantry in that vicinity. We understand that 50,000 stand of arms are im mediately to be sent to Spain, the half to Gallicia, and the remainder to. Valencia anti Catalonia. Yesterday a General Court of Proprietors of Bank Stock was held at the Bank, when the Bullion Report was taken into consideration. We have given the proceedings in the preceding columns of our Paper— also Remarks on the same document, published in a French paper, the Jomrnal a P Empire. The whole some admonition in the Report, to resume cash pay ments at a specified period, seems not to be well relished in Threadneedle-street. The Earl of Morns arrived on Wednesday at his house in St. James's-place from Norfolk. Lord DUDLEY and WARD is perfectly recovered from his late indisposition. His Lordship and fa mily intend leaving town in a few days for Ramsgate. An article from Dusseldorf, in the German papers, dated September 6th, is asserted, in a paper of last night, to state, that " Two hundred men have arrived here, the remain: of twenty regiment: of the contingent of the Grand Duchy of Frankfort, which have been serving for the last two years in Spain."—ln the ori- ginal article we read " the remain: of the 20th regia of infantry of our Grand Duchy, consisting of abquel 200 men." SQUARING THE CIRCLE.—.A letter from Leghorn, dated July 29, says, " Sieur PASCAL Ciono painter, architect, and Geometrician, resident in this city, conceives be has discovered the famous problem of the squaring of the circle, and proposes to del: strata it in an• assembly of the mathematicians. has invited all the professors of physics, L and mathe matics to be present at his demonstratipny and to pro nounce their judgment upon it." Letters from the Rio de la. Plata state, that three of the Judges of the Real Audiencia, and the Fiscals of the Civil and Criminal Courts, accompanied Cis.. neros, when he was disposed of on board the Dart schooner, destined for Cadiz. It is asserted that the determination of the new Junta to get rid of these Functionaries arose from their interference with the Provisional Government, and from their endeavours to excite dissatisfaction among the people. The Vice roy was allowed in his retirement an annuity of 20,000 dollars, which was equal to half his salary.—. The Regent, who from his office succeeds to the go vernment in case of the death of the Viceroy, and who was President of the Real Audiencia, was allowed to remain at Buenos Ayres, not only on account of his age and infirmities, but from the general approbation of his conduct. The opposition at Monte Video to the new order cf things was attributed entirely to the interference of the Spaniards residing at Buenos Ayres. A duel was fought early yesterday morning, on Wimbledon Common, between Mr. Rost, a purser, and a Veterinary Surgeon, lately returned from Por tugal, whose name we understand to be Leven. The dispute was occasioned by Mr. Roan persisting in tres passing with his dog and gun over the grounds of his antagonist, near Kingston, after having been warned off; but the immediate challenge was given in consequence of the former having menaced the lat. ter with his fists. The parties fired twice, when Mr. Rose was wounded in the hand, which was dressed at Battersea-bridge, oo his return to London, and he is in a fair way of doing well. "Iris was finally dismissed from his situation of Go vernor of Cold Bath Fields Prison, at a meeting of the Magistrates of Middlesex, held last night. A silk purse, containing upwards of one hundred guineas in gold, was lately emptied of its contents in. a professional gentleman's house at Cheltenham, and. an equal number of halfpence was artfully left it.. their stead by the successful depredators, who have.' no doubt long since aided their booty to the circu lating medium, cogyar, the wishes of the kegler owner. 4Z-=;10-' • much ._ revision. Pea.lltiege stead being appropriated as before to providing substitutes, are n ow p a id i nto t h e Exchequer, and since the present balloting has commenced• the sums which have been thus paid are immense; *hilt the consequences to parishes and societies are most dis tressing. The enormous bounties required by sub ,,stitutes, put it altogether out ofi power of indivi duals to provide them, and the eagerness of Societies to procure substitutes, has raised the premium to such a height, that on an average, Six t y Pseud:, and in se veral cases One Honked round:, have been paid to persons eligible to serve as such. These high boun ties, we are assured, are not only contrary to, but are eaftress4praii6i4od tr the Mi4tia Act, carder a penalty of Tomei, Pisa& Why. therefore, Parishes or S oc ie- Oes shouldthus fly in the. face of an Act of Parlia• stunt, in holding out sudi inducements to substitutes, ' we are at a loss to tuiderstand ; the eiil consequences of a continuance of such a practice being $o obvious, as scarcely to need elucidation. We may, however, just remark, that in the first instance, these extrava gant bounties pmt a complete stop to the recruiting for the regular arum, ; as no man w ou ld in' an y cue accept of the bond, offered by Government for re cruits into the regular service, while the odds are so much in his favour by entering into the militia; and in the second place, the Parish or Society are likely soon to lose the service of their recruit, for whom they paid the sum of One lizard Postal, by his volun teering into the regulars for a new bounty of Eighteen Pottst&, and the country may then be soon deprived of his services altogether, by his paying £trso for his discharge ;, thus, in the course of a few. months, realizing, with very little trouble, a considerable sum to himself, and subjecting the Parish or Society to the payment of an equal sum for a man to supply his place. Last night the Drury lane Compaq began thtir Theatrical campaign for this season, at the - Lyceum Theatre, acting under the authority of the LORD CHAMBIRLAIN. The pieces were the comedy of the Hypocrite and the farce of the Major of Garrott. All the performers were greeted by the audience, on their re-appearance before them, in the most friendly manner, particularly Mrs. EDWIN, Mrs. SPA RIM, Mr. MATNEWSp and Mr. DOWTOZie • • The house has been newly painted and decorated, and presents a neater appearance than formerly. The Inational hymn of GOD save the King preceded the _ • A Gentleman, announced in the bills, by the name of WALoacinays, made his dried at this Theatre in the part of Spy ward. The part, fortunately for Mr. WALDSGRAVE, did not require much, and in such characters he may prove useful. WILTS AND BSSICS CANAL.—The opening of the Wilts and Berke Canal into the river Thames, at Abingdon, was celebrated there on Friday last, with every demonstration of joy. At half-past two o'clock a.bodral the Proprietors, in the Company's boat, with music playing, and flags flying, passed the last lock into the river Thames amidst the load huzzas of a large concourse of people who lined the sides of the gmal. The party proceeded from the banks of the Thames to the Council Chamber, where they were joined by Members of Parliament for Cric klade, Abing • don, Oxford, Hereford, Ludgershall, Ste. and many gentleman of the neighbourhood, and partook of an excellent dinner prep ared for the occasion. Win. HiaLsrr, Esq. t he Chairman, prefaced his toast of a Success to the Wilts, and Berks Canal," with a concise Speech. His address was received with every mark of satisfaction ; and the day was spent with great conviviality and harmony, enlivened by many appropriate toasts and wngs ; and the company„ highly gratified, separated at a late hour. Tuesday se'nnight a boy, eleven years of age, being entrusted by his master, who lives at Harpole, near Northampton, to carry a loaded gun some distance, wantonly levelled it at several persons, and at last discharged it among a groupe of pretty little inno cents who were playing at a tottage4oor. The young wretch seems to have followed them into an inner apartment of the cottage before he took aim, and they had all' crept into a corner as if to protect themselves. One out of the five children was shot dead, and the other four so badly wounded that doubts are entertained of their recovery. The juvenile mis creant has been committed on a charge of wilful mur der, such being the verdict of the Coroner's jury. CORONER'S INQuEsr.—The wife of a tradesman in Pimlico was found drowned in the Thames, near Chelsea College, on Friday last, and a Coroner's In quest sat on the body on the following day. The deceased had gone on a visit to Wimbledon on the morning of Wednesday ; but, as she was accustomed to tarry all night at times, there was no anxiety about her until the folloiving dAy, when it was ascertained that the bad left Wimbledon at six o'clock on Thurs day evening. There was no evidence to ground an idea how the deceased got into the water ; but it was supposed she had fallen in by accident. The verdict was—Found Drowned. Late on Tuesday night, or early on Wednesday morning, the White Hart public-house, Charles -street, Bermondsey, was broke open, and the bar stripped of glass, china, and liquor vessels, to the value of £2u and upwards. The robbers also took away a tea-chest, in which were half-a-dozen silver tea-spoons, and cash and notes to the amount of near £2O more. The villains obtained entrance by forcing up a cellar-door, which projected into the street, and thus through the cellar made their way into the house. It is somewhat singular, that Mrs. Biown the rnistres , of the house , was up during the whole of the night' with a sick infant. 'vet heard nothisp_of the robbers. slOcip cruize to the westward ; the ENCOUIiTIBR gun-brig from a cruize ; and the Neptune (2) tender, from Dublin, with impressed men and volunteers for the navy.— Sailed the MARINER gun-brig on a cruize off ' Scilly, the CONFLICT gun.brig for Corunna, and the Sam and PLovr.a sloops of war on a ci - uize. Several other vessels of a similar description are to be dent to cruize on the North Coast of Spain, to act ns circtimstances may require. —The DRAGON, 74, is fitting with all possible expedition for the West Indies. PORTSMOUTH, SEPT. 19. The GLADIATOR, of 44 guns, the 111g . ..ship of Rear- Admiral SAWYER, came out of dock this afternoon. The MA ILL BOROUGH, of 7t• guns, and the PutsaaNT sheer-hulk, are ready to go to Spithead, and if the wind is fair will go out of harbour to-morrow. , DEAL, SEPTEMBER 20. Arrived the !Das cutter and FLYING Fuji schooner from the Fleet off Flushing. Came down from the River the Catherine, HAGUE, for Cork, and rediains for convoy.—Wind N. E. SHEE.R NESS, SEPTEMBER 19. Arrived his Majesty's sloop BELVI MIRA from Yee mouth. Bailed the PICKLE schooner for theWestiratd. SEPT. 20.—N0 arrivals or tailings. FROM LLOYD'S LIST. 0111A•z1BIND, Rm. 20.—N0 Arrivals. Sabel the ROA Howland, for Boston. ARRIVALS. At Liven** Ardent, lamb, from Won Sestia.—ArQiebee, Harrie t , —....., from Livetpoolos-ht the Clyde, Lady Caere, Con seil, fres lawalearAt Cork, Lady Kabinet, Smith. fro= Gus. ddeope; wet behistry, Dedd, from Lishast..-At lettatte 'reim port. Wake,beas Vlighda. • me Lamb, has" of Rant, Olio prepay at Mr. WS.d, morchant,) hound to Pals, wick ems we Orkkareesedli was otorfy captured en the Stb lanall inter pintalk it Fairtelith, which was an the petit behribag the Lamb, Wh o a one of by Majesty's brigs of Inc btir ease stmdia. across Ger Game, the Frenelumn limered very meek" as Capt. leek ma says, in a laconic letter to his owner," te rsy eatiefacno.".— He adds, " I hear Me cause le taken by the Mg of wit." A British sloop of war has lately beet discovered on leke Ontario, 44 miles East of the Fort, about 20 *t below the surface of the water, which was lost 30 Years ago. This vessel was going across the Lake, ftss Niagara to Kingston, on the opposite shore, and hid seXeral British officers, and others, at passengers, wheitshe sunk. . •1 A trio 1:114 iellinilir,rviplar . • . r. 11, 4 COM MERCE. —•COLIigiNittAIST, Director;deneral of the French Customs, has addresed a circular to the inferior Officers, dated Paris, the Vth inst. containing instructions relative to the execution of a Decree, not yet received in London, bearing date from St. Cloud the Slst of August, which, we are informed, orders that certain vessels, with licences, shall be allowed to import Into France , various articles of colonial pro duce enumerated, on condition that they shall export from France, grain, meal,-oil, wine, and brandy, of a valueequal to the cargo so imported from Great Bri tain. The directions are extremely complicated and prolix. In order to ascertain with precision that the export and import cargoes are of the same value, it is provided that accounts current shall be kept of the worth of each of them by•the Custom-house Agents at the respective ports irons which the vesseli shall take their departure. The ships obtaining the licences are to commence their voyages from France, and ez port a cargo previous to their appeara nce with a load ing from a foreign port. If tvlue of the import shall exceed that of the export cargo by one-third r the one-third is tole placed in extreptit until exports to that e xtent dr be made, which being done, the par ties are to be entitled to the release of the one-third so in estrepot Bonds are to be given by the merchanti in France, for the excess of the import above that of the export from France so deposited in tab.:pm. Each ship thus employed is to be furnished with a certifi cate, and other formal documents, from; the C us t om . houses, stating the value' of the export and return cargoes ; and if fraud or collusion shall be discovered in any of the documents thus provided, the cargo is to be subject to seizure and confiscation. Willson Tay/or, butcher, at Cheltenham, was, on Monday, convicted on the statute of the 16th Geo. 111. fof having part of a deer in his possession, with out giving an account of his coming lawfully by it, and paid the penalty of 430 incurred thereby. MA ItE-LANE.--This Say the Market continues with considerable supplies of foreign Wheat, but few ar rivals coastwise, and sales at last prices—Barley and Malt continue to fluctuate but little—White Peas likewise—Beans of the two kinds rather dearer— There are tolerable supplies of Oats on hand, and sales nearly at last prices—Flour without alteration. CI N [RA L CUPALLINCT AS ingot'. Wheat, 701. Cs. 100 s. Beans, dts. Flap ditto, 105 s. 1 i os. Tick ditto OW 545. Od. Rye, 4Se. sos. Oats 245. alls. Barley, 3... 425. Poland ditto, Ms. 38.. Od. Malt 725. 50s. Putatoe ditto, 375. ltd. White Peas (bailer') 50s. 545. Rape Seed, 148. Grey, ditto, 465. 545. Fine Flour, his. to fOk-Soosods NM to 5%. COUNTRY MARKETS. GLOUCISTIR-Wheat 11.. 6d. to 111 s. Barley Ss. 6d. to ft Beans 7s. ad. to 10s. Oats 4s. to 6s. WooessTra--Wbest 141. Od. to 16s. Id. Barley 611. M. to N. Bean I Is. 4d. to 7s. ad. Oats 4s. to Ss. 64. s nit twesu oy....Woest 161. od. to its. Od. Oat. 7s. to 7s. Q. Wocosamastrroo-Wbost 130. tO IN. Batley 6s. to 7 4 .0 4 1. Beans fs. to 10s. Oars :11.6d. Watttiroirott-Wheat ITs. to 19s. 6d. Borley i ts . lll Butslunostost-Wheat 19s. 6d. to 146. 114. Ts. Beans 816 SO AI. ON* 4s. Si. ft y • a . • 7THtvallitrita• st'Aat• , ' , + fit iiiit • ''.. b ?"1 410dr iiii i iii i IIS te ll ' i! ! 4!t ! t... . . , - ' u .' ..T i ' .. i .. •.*, • " . ' . . miNia.....i. ; ' r•- ,•A••-: . ' ' ' ?"' 4 , 1 ',' • ... % tbizioit : .c . • . Aistiiiii et),fi nne a — * -77—. Fettisjaisi l ar t 4144 fee The' master . ~ . /:,,,fs;iu • • ~..: 104. ~4 . , : i ii i pep ",,, , , ~. ~ • agee.4ashog saatespeme: Thaarii.l4lll ....- Auginit lilt (At thsit tin* stiripried 6be the Juno, 4., ~:..,.-• hada" itk si . . •;.:' :l . At 1 6 0#.0 . 111ti and it j u iletg ole ' 11 1 4 4 4,601 vA- 111 11AnA , sgriggis ag eo liiii; inil be s t ri fen to that v -i- 'quer, . o f 00 .. nu . ,- 4.14.1 ". a1t . ,... - ---. In tossaqUedie df min rear Wang tin Arai with that ... name co it) is Taomai drinti, hii limey hy — ing . been ' .. - ..1 •: 1, , , PRICE OIF . y . .. 1 ? i t : ;.. . A Company of the ith Royal VeierialßattiSeti Irsklea c 4 i illoii Sir l i adsiow i gad, by the NO of s pair oiat. cons.:lsi G s 1253K1DA. di ,, sb , p m, . is under Orders to embark, at a moment's notice, the itindriel; round hi his *bet. for the use of the 5 per Cent. Navy alli Lottery acs 4112. taa,, i , Heligoland. •. .. ihip's ietuP.iiiy; the folloWing ant sapposedtri be Pak thnlim 51 1" . . . 111611 ter -4; i 55 • • A _Court Martial is now sitting at Gosport on Cap- 0 f his crew, *hi i ---...--• hiattheit,— ATM Teti,' , In *Wei 144 . ift I St PM Cali relk sit. 65 1 MUM • iof the 2d Wei York Militia, fOr die- , ;tasta ............... bn his Commanding 'offi cer , C o . . LaW,IOOI J. Winiksii ..--:!.;. Entqs, Johli Thentinelow, pton I.Cram,F. Ca ter genes enerb and J. White. I : It. wits rnimuked Y eaterth Y tiftw ften , on the an- I sP el ec tte la el ig Ti -- f o f th e Northam ' I ; thority of a letter from Liverpool, that the Captain *Militia, is Judge Major ai m I There is little doubt bit the ilicike ve...sel was the lof a vessel . arrived at Dublin in ten days, from The provisions of the Militia Act now in force, ' Grenada, captain T. oir.•,„„, t r oi n G eer t i td a . having es Oporto; had brou g h t an account of a general b a ttle and under which th e ballots are atm-. pr esent drawing, vi been.foug t between the a rm i es of Lord Wm.- ' • - h stand in much need of revi s i o n. T PLinwimnit. sarrEi ika I. he. penalties, in- i 1 LINGTON and Marshal Mamma& the molt of Akieh Staatl . of being appropri a t e d as b e f or e to providing Arrived the 1-lawit sloop of war frOm a cruize 1 MI