The British Press; or, Morning Literary Advertiser. — London, England, 1803-04-01 00:00:00

Irir . r T 1 1 •'3 0 I V ^ bore. of atheriora:im of which chi petite had al.: r..ay given us a gni:list. Letters fe w est baras'ourg ef the 2:1 Macch state, th it the I.irst Consul is tspared there in a month At farthest. It is stated is km» from Stockholm, radii the' s.rdish Convomaken by the English 41:141 carried loco Enolan4, will uot be restored, nor . an equiva lent in Money. scats's; maven if. The Aironant•Gmtesin has inspeNd the ma• !.i,le, invented bra Pro*aux Danzel. for (inviting ; . - aasos, which was shewn 0 the great hall of the Aca.;emy of Sciences: . Ile admited the simplicity t its construitieo, and' signiNed to the inventor very agreeable it would be IJ bin if he would accrtr.pany him to Petershurgh, that they might to gether make trial of the machine. The Professor declined gong to Petersintigh, hut offered to give Garnewin a model of the machine, for the advance ment of sc'en:e No," replied Garnerin, ta it is with yen, with you Dolt, that I wish to ascend, for the purpose 4.f trriaT roar machine, and if that can not now take place. it alall be delayed till my re turn from Pet.:rsburgh and Mcisct , w." The Kind has agtocd to Garneria's proposal, to asrend from the city of Betlin, before his depar tut e tor Petershurgh. His Nlajesty has condescend ingly indent:l his carne to be placed at the head of the subscription-1;s. for 100 1114 ascension with the parachtite, which will take place from the 10th to the 15th of April, will he the thirty-second asee-sion of \I. Liartienn, and the tenth of his ode. LETTERS OF n C. 11% MIST azcritt V TAT *MASHED IN TR tNCT, TO A RAVLIR I LONDON. LLTTER My former Letter announced to you that it was trey intention, stoner or later, to withdraw the Ca pital I Live in England. I d"..4 not then foresee the enormous depression of the fends, which from day to day have fallen from. 1 ." to ' I founded my of inion solely on the ,ich the Suspension et the Payments in tipeste b i • the Bask might ultimately produce on the state of the Exchange, notwithstanding the arti fici..l means which for a tiii,e might he ernplo7ed in order to make it preserve its level; hut lxilitical events have occurred, and by their consequences they' havb prAuced on your funds in a day what the finaticlal malady of your Country would not have produced ion by . slow degrees. • It senses to we, that it is important to me and to lhose.who are. intnretted on :trims of enc. same "rind, immediately tp asiort ine.huces which will neither he the - restilt nTtoo much precaution or of • too great a demo of slieuritv t and for that purpose 1 will again, and undipa (iiiierent point of view, C°9 11 .1 eXiarnine, While there is yet time fur me to do gni-What . course I" ought to dctermiuc upon, in the present state of your :grail-% - The tilge I have . passed in Eneland has afforded . Me, opportonities.utohserving the very great facility *tech the Miitiseer finds of seconding his measures oo all disiienit elicaNinns, through the medium of • the BALL the Baukoes, and the C apitalists. This is to be attributed in vourConntry to the immensity and wide ditissi4tar . isfihe Nz.tional Debt, in conse quence of which every private individual experiences aA akatit*ifot•dlsadvanugc according to the dif ferait p,lia •of the getter el interest. But do you tills' : c hat it - woulll'stot be the same in France, and . in HolosnO, where a coaeurrence between the Bank and dos GOvernmein mighti produce the gieateA tv.a If you concede to use this point, you must agree •w kb rat, that sthatever is dune in England with a v!cir nrerneliorattatte state of your Exchange, will . be ot.r.jaa- ranee iiy a resistance the mote difficult to 00.0401 ideftr/JAMICII a it with extend over all r of Continent. exilf.4,lo ; n an i 3..ta which I have Inertly threiwn ro- o•- tirst letter, I will suppose tits: taut lilaok of England. instead of extending its discounts, as it is natural it she.o . :i do for the ad vent:rot* internal Commerce, should for a certain time restrain its discounts within such narrow limits as to prodnee a degree of embarrassment in making the regular payments at London ; it would follow from thence that the Bankers of London would, in their turn, iestrain th.:t credit they had been in the hobo of i;rauting to the Merchants of the interior, and the latter anding themselves confined with re gard to their meats of payment, would seek other s to continue the course of their affairs, with out too nicely calculating what those dilatory re, sources might ultimately cost them. The resources to which I allude, consist princi pally is seading merchandizes to be sold abroad, and in drawing fit the value of them by anticipa ti m, or in simply drawing Bills of Exchange on Fo reign correponients, upon the pledge of providing for them when they become due. These operations created by circumstances would suiatnely introJuce into the London market an ex • traordir..uv abuini.mr: of bills drawn on merchants abroad. A part of these hills would doubtless re main unaceep.ed ; they would be presented from one to - anoteicr fur discount; and the consequence would be, that the exchange against London would be consideraisly encreased: it would be encreased, because•the course of exchange at London wouid be regulated by the value of foreign coin ; that is to say, they must draw for a greater number of livri tuurnuis nu Prance tOr a pound sterling, in order to oo , ke the k:senange turn in favour of England. Then the confidential advises of your bankers would infer . to your correspondents, the opinion of a still hyber tote of exchange being announced by the next pose. Upon this advice, a foreigner who tics a son. nf money to remit to England willeager • ly endeavour to purchase London hills, and will pay himself something more than he could have done:the preceding post, or he will give orders to'his corresoondeots in London to draw on him as 'twin as:passible, no matter what might be the rate • of exchange, in order to avoid the possibility of a progressive ri s e; and it is thus the depression on the tureign exchange will he ctraled with regard to Enrlaraf, whenever it shall please the bank to call in its notes. in fa& I conceive that the public may easily be ' kid into an error, with regard to the cause of this ; a thcliewation of your exchange; for the persons who I 1.- not know the artful means ethelOyed by the Di i extort tithe flank, will naturally give • letters of the English merehante, tbutuncleg to their correspondents 44 thet the exclange it more and more ameliorated, Isecat6e the balaace of coniinerce jc entirely in favour of England." But what is this more than the favourable balance of commerce in a conetry where the circulating medium consists of paper-money , ' In a country where we constantly see the price of every article of gold and silver, greater in proportion than the nominal value of the money. This fat remarkable, and produces a result very importent in the affairs of your country ; and yogi shall judge of it. . The Bank, in order to ren der the public disi s crested, with regard to the ques tion of the forced bilis, and to pacify the smell con sumers, mechanics, and the lower orders, pays hills in money, which do not exceed one pound sterling. It is then obliged to purchase the metal for•which it has occasion, in order to convert it into money ; thus, an ounce of slyer (troy weight) professing to weigh eleven pennyweights two grains, converted into money, is issued to the public for ss. Cd. ster ling, but en ounce of silver in ingots, if the same weight, is taken in trade as ss. ed. Consequently the value of an ingot of silver is six-pence sterling an ounce more than that of mo ney. This difference (about 10 per cent.) is a pure loss to the Bank, when it is obliged to coin money to pay its bills ; that is to say, it must give abort !Mg. sterling in bills, crowns, or shillings, which is in other terms a depreciation of 9 or 10 per cent. on time Belk bill. (though the exchange of these hills should be made at par, wish regard to money,) depreciation, the effeet of which must he necessarily felt, either when die rate of your exchange is abandonee to its natural course, or on the value of your merehandite. If your balance of commerce was really as ft viwable as you would induce a belief it ee the price of precious metals would obtain a level with the value of your money, by the more abundant im portation of those metals which, in that easy, would be sent to you at the expence of the Continent to acquit. the balance ; whereas, oa the contrary, it is only by the efforts of extraordinary expellees that you can suceeed in procuring that quantity of pi astres and ingots which are indispensably necessary for you. Your Ea:.t India Company will discharge this year, in India, a debt of three'or four millions ster ling ; for that purpose it must collect a cargo of piastres, for which it must offer a price of 651 the ounce, or .ss. 6d. (2.i The prohibition of exporting to France wrought gold and silver, materially interferes with the views and the wants of the Company ; it must seek other markets ; it is necessary those markets should be abundantly furnished, and that they should possess the means of a r-ompt conveyance. I contemplate in this much time lost, and expeditions prepared in Europe, and announced in India, postponed by the pressure of events to a distant period, the least in convenince will be that ref raising the value of these piastres, the whole amount of the expence of con veying them by the loug - voyage they must be sent by any other passage but that of France, you may calculate the encrense of value at nearly three per cent. Now the value of money with which you carry on your affairs being appreciated at a just rate, it ap pears to me evident, that foreigners, informed with regard to their own interests, will calculate on the advantages which may result to them from aeling in direel opposition to your combinations. Thus when you endeavour to draw money from the Continent by circulations which tend to substi tute your paper for its - specie, the banks of the Con. tinent will rejea that paper as your banks rejected the paper of France. At a certain period the Bank of England refused to discount the hills of exchange drawn from France, however respeclable were the signaturess to them ; the Dank of France, on the contrary, in discriminately discounts the paper drawn from Eng land, or other countries, provided the signatures present an acknowledged solidity. Perhaps we are nearly arriving at the moreent when the re.,:nts of the bank of Paris will honour it by infusing the na tional spirit into the spirit of calculation. But if you seem anxious to withdraw the sums that are due to you from some places in Europe, your debtors by the .renewal of their enjoyments will endeavour to retard the payment in the well founded hope of being able to .acquit their debts at a later period at a better rate of exchange. Finally, if you attempt to engage your creditors on the Continent to leave their capitals a little longer in England, by presenting to them the alluring prospeet of a more adru►taageous chenge, they will have the good sense to prefer the certainty to the uncertainty—the aetual price of the moment to a chimerical price. May not your Poblic Funds, which are now at 62, experience a still greater depression?—ll e re menther having seen there at I-8. Your exchange, which is now at C 5 livres 2 sops on Paris, may tall, by the force of events, to a rate which may become iiiinous to thole who have re mittances to make to the Continent. We remember having seen them at ee livres 5 sols—Slay not your merchandize, destined for the markets of Europe, and by which you are to provide funds, find the ports to which they are destined shut against them From ail this I conclude, by entreating vou to sell out my stock in the course of the day, and remit me the ruivueit as scion as poesible to such place, where you shill he of opinion the. exchange will be most favourable to me. (1) he: object is considerable, for on the Ist February 1403, there wa. a eirculat'ams of 3.2J4,5301. sterling in bil!s of above the amount of five is .unds. H) Tor dittercnce which is to be remarked between the price of ris.l4l in ingots v. ith reference to F.sigrids mysey, and that of tb4 ptastre, pmvm, that the •aloe of I:llgeish ruutiey is ac II p As:qv/es:Mt 2 gr.uns, while the piastres are 10 penny weighss ; that if to gay, an ounce of saver in ingot contains t:64 grains of pure silver, but a:►ouace ut piastres conc.' - k.ili grains of pure silver. - - KEMBLE plays Rulla after the Holidays at Drury-Tane. A Paper of yesterday asserts, that all French mili tary and naval 'otticrs now in England, have re ceived orders from Gener a l ANDILLOSSI to repair to their corps 'and ships. without delay ! The former are to join their *regiments where they are. quartered or cantoned ; the latter to .appear at lircst and the minor ports opposite to England, particularly flush- Pig, where, as it is said, a great number of flat-hot- Lorded' boats are in ictidins>s tor a urtain Expedition. -4. • • -,'• movrttLY 4fGAICULTtrRAL PPPORT, Z )OR MARCH. frosts '; . . Since the dis4pearance of the ,in the early part of the month, the season has been as favoura- I Isle as p o ssible for the operations of husbandry ; and much and has been prepared for the seed, as well as sown in most of the arable districts of the kingdom. In the vale of Bedford, on all the light lands, and in most of the strong soils, sowing his already be gun, and in general the land works well ; but there bas been rather too Much wet for the heavy bean lands at present. In tit' midland districts, the very severe weather at the inning of this month, has been succeeded by one o the finest seed times ever remembered. All the beans, hardy pease, black batc, and some barley are sown ; the land works remarkably well, and the farmer has but little dill culty in arranging his business. The ewes have in general lambed, and the falls very good. On sonic warm, well-sheltered grounds, the rye-grass and clovers ere forward enough to bear being stocked with ewes and lambs. The wheats, in most parts of the island, have the most promising and healthy appearance. Th,• frost • appears indeed to havemateriaeyimproved the early sown crops, by checking their remarkable luxuri . ancy. The turnips seem to have suffered very little from the frost, and will last long enough, es} ecially with the help of the Swedish, which are now got into pretty general cultivation. Corn, in consequence of the threatened war, has had some advance, but is now getting down to its former low price. The ft ices of grain have not fluctuated much since our last. The average prices arc-wheat 565. 61. barley 235. 10d. oats 18s. tid. and heans 3Cs !Id. Notwithstanding the promising state of the grass lands, and the depreciation in the price of cattle food of most kinds, fat stock is still high ; and even store stock of all sorts keep up, cecept hogs, which from the g reat quantity bred are trotting love r. Pork too has fallen as much as 2d. per pound in some of the midland districts. Ewes arc beginning to lamb,. the falls arc in ge neral good, and but few casualties. Beef is rather lower. Store cattle and milking-cows keep their price. In Smithfield market, beef yields ss. Gd. ; mutton, ss. to (is. ; veal, ss. to Gs. lxl. ; an: pork, 4s. to ss. In Ncwgate and Leadenhall markets, beef yields from 3s. 4d. to 4s. Gd.; mutton, 3s. Bd. to '4s. ad. ; veal, 3s. 6d. to 6s. ; and pork 4s. to ss. Horses-a brisk trade, and therefore higher ; espe daily such as are suitable for Government service. Strace-In St. James's market averages 21 .1 3s. 9d. and at Whitechapel 21. !is. • In the hay distriEts the fineness of the season has been highly favourable for getting the grass lands into order, and in many places they have already bad the manure well harrowed in, and the surfa e rolled. flay averages from 41. 4s. to 71. in St. James's market, and from 51. ss. to 71. 10s. at Whitechapel. //op.-Kent, Sussex, and Essex hops, in pockets, yield from til. Ss. to 101. to los. Fanillams, 111. its. to 1 IL. NA I',l L I N TELLIGENCE. - HARWICH, MARCH 30. Last night a fishing-smack sailed express fcr Helvoetsluys, with Mr. Johnson, one of the King's Messengers, charged with dispatches. . The Prince of Wale, packet, Capt. Hearn ; and the Auckland packet, Captain Bridge, sailed this afternoon, with a fair wind; the former for Cux haven, with the Hambro' and Bremen Mails ; and the latter for Helvoetsluys, with the Dutch Mail and passengers. Two large frigates are stationed off this port, at the buoy of the Gat, at the entrance of the Wallet, to bring-to all ships bound up the river from the Northward. PORTSMOUTH, M ARCH.3O. Last evening arrived at• Spithead his Majesty's ship iimphion, of 3'2 guns, Capt. Hardy, from Ire -1 ; and sailed his Majesty's ship L',ltgle, of 36 guns, Car ain Wolfe, to St. Helens. Arrived his Majesty's ship Hefior, of 74 guns, Captain Skipsey, from the Mediterranean, and re mains under quarantine. Went out of harbour his Majesty's ship Dread naught, of 98 guns, Capt. Bowen, and remains with the squadron a.ll several revenue cutters. The company of his Majesty's ship Nrptunt, of 98 guns, has this day been paid two months ad vance. She has made the signal for sailing, and is expeEted, with the Venerable, of 74 guns, to proceed to sea tomorrow, and repair to Cawsand Bay, the intended rendezvous of the Channel Fleet. Admiral Holloway has shifted his fl ig to his Ma jesty's ship Pvicsant, of 74 guns. Sailed from St. Helens his Majesty's ship 1: /Ugh., of ;31i guns, on a cruise. Remains there the Pijmy cutter, of 14 guns, Lieut. White.—Wind \V. by :N. and moderate. It is expefled his Majesty's ship Rune of 71 guns, Captain kVilliams, will go out Of harbour to morrow. Arrived the Hon. East India Company's ship the Calcutta, Capt. Nlamell. FALMOUTH, MARCH E'.B. • Arrived yesterday the Prince of Wales packet, Capt. Todd, with mail from Lisbon, seven days pas sa,v ; left there the Duke of York packet, which ar rived out on the ith inst. and was to sail from thence with mails for England the '2sth inst. ; the Prince of Wales found lying in the Tagus the Ajax Dutch man of war brig, of 18 guns. On the I 1 th inst. the. French General Lasnes arrived at Lisbon in the French frigate La Thrmis, of 41 guns; and on the I-2th inst. arrived at Lisbon his Majesty's ships viao. rims, of 74 guns ; La Sybelle, of 41 guns ; and Eurydice, of 20 guns, from the East Indies. The Viaoriows being in a very leaky condition they Were obliged to bear away for Lisbon, after being within 40 leagues of the Lizard. The Eurbdice sailed main from Lisbon for England on the 1 (di inst. Ile French frigate La Tbenis left Lisbon for Rochelle the same day the Prince of Wales sailed for Eng land._ Passengers by the Prince of Wales are, Sir Archibald M'l)onald, P. Stafford, Esq. M. Reg. nard, Mr. Armstrong, and Mr. Bellamy. The WaLfirigltion packet also arrived yesterday, in four teen days from Lisbon ; passengers by her were Mr. Hunt, Col.. Shea. of the 33d regiment, Dr. Fel lowes, Mr. Celly, Miss Jenkins, and Mrs. Sitwell and child. POLICE. M ARI BOROUf7.II STRUT. A Master shoemaker brought his apprentice be fore the Magistrate at this OlNce, for running away and neglecting his business. The complainant stated, that the young man had been lately drawn into bad company, who had in ticed him from his service. By their instrations he had entered on board a man of war at Gravesend. from which place he liberated him, a few days since. Notwithstanding which, he was still deter mined to elope, and at all times his manner of col.- dueling himself was so insolent, as to render this application necessary. A night or two back, he had been taken lip upon suspicion in St. James's Park, with a loaded pistol in his possession; he was then conveyed be fore the Magistrate in Queen-square, from whence he was also released, by the application of the com plainant On his return home, he immediately went off again, and took with him various of his master's tools, but was once more taken, before he could elle& his escape. The apprentice alledged in, defence of his beha viour, that he did not like his master, who had fre quently used him ill, and begged that he might be suffered to go on hoard any ship in his. Majesty's service, rather than be forced to stop with the com plainant. The Magistrate, with the consent of his master, agreed to his proposal, and sent him, with an officer, to be concluded on board the tender. John Kcnaer, a master tradesman, brought two women, and his son, before the magistrate, sni a charge of haviiig sold various articles of wcarirg apparel, his property. 1 he two woolen were mother and daughter; the former of whom had e long lived with the com plainant as his wife. lie complained, that they had been continually plaguing him for money, and on his having refused to satisfy their demands, they had sold his cloaths. The Magistrate observed, that it was very im. ;mopes behaviour, and that no man's family could justify their condo6t, in idly squandering away his property. He, therefore, ordered the party to re store the deaths they had taken away, to the com plainant, and make ample restitution, or he should commit them to a place of confinement for three months. flenn;ngs was charged with stealing two gowns, an apron, and several articles of dress, the property of John Clark. The prisoner was a lodger in the house of the complainant, and was the only person in the room when the things were stolen. Mrs. Clark stated, that the property was placed in a box, which was opened, and the things taken out ; there was nobody present when they were stolen but the prisoner, and she believed it was he that had taken them. _ it appeared, however, that nothing further than. suspi.:ioit could be traced in his condut, as no per son had "seen him with any of the property in ques tion. The Magistrate, therefore, informed the complainant, that he must produce further evidence to prove the charge against the prisoner, and that he would detain him for some time longer for that purpose ; if, howev.lr, nothing more was proved against him.in an hour, he should discharge him. r STOCKS • RU A V. India Stu k Otto Kiwi , Irish 5 per Ceut. Sxclieq Bitis Flog. Lot. Tick. ••• • -- iri•th ditto Rank I,r pplndia for Consul. for A pai...tigi 11-4 Si PRICF. 0 ESII Bank Stu( k shut 3 per Ceilt poi Cent. Cons. 61.!: 1.1: 2T 4 per Cent. Coni. .. stint Cmnt. Ann. % 7 6 ) , : 5 per Cent. 1;37. .. this& Bank 1.. Ann..... do. R.nk Short Ann. S per Cent. Gliii Ditto Ann fttco bp itudion• By Mr. JEFFERY, At his Rconag, Nu. 11, Pa 'FIBS DAY, at Ter :lre o'Clock, ' • % Very good COLLECTION of ENGLISH and FOREIGN BOORS ; including, among otlwis equally valuable, Bolton's Birds; Book's Shells; I.e Brun's GAllerie; Barnes's Euri i .iil -s; Gs:iv:6 Walpole ; Passion o: Christ, by Albert Dorer, aid other curin,ts Miss-als beautifully illuminated; Voyages of White, Spannan, &c.; Burn's Cumberland; Works of Thomson, Young, Burns, Swift, denyos, ; Watson's Philip; Dodsley's Annual Register, complete.; New Annual Register, ditto; dtc. &c. May be viewed, and Catalogues had. By LEIGH, SO rffEBY, and SON, At their House, in York-street, Covent-Garticri„ on TUES DAY, • April 5, and Two following Days, at Twelve o'Clnck, H Evaluable LIBRARY of THOMAS GYM.' 1 Esq. late of the Ciiy of Durham, Barrister at Law, d:- ceased. entraining a vary gond CJll:tction of looks, ia pleniphy, County History, Biography, Mcmoi;s, and \lii;- cella 1 ies. To 5 • vinrel, and Cavalag t had at th 2 place of Salo! R SO n I EISY, and SON, Tills and ful4sKing Dr - , at Tweive o'Clo c k, AVERY, "L'ALAJAIIL . F.- COLLECTION of. FluuKs, 01,30icate, or a di,tin g uw.d tx)Lts.c. Tow , LkKAßioi T ti g ht from his I fou,c in the Coardry.., The Koiks iu general' are ut z very flnit. C.M.litioa, and amongst them ate mist Prioteipes: To b^ viewed, when Catalugnes (price Gd.) may be •had at the Mae., of Sale. By Mr. KING: At hic Room, NO. :7S,'King-ctseet, Covent GOrdeo, 11 - I.l§ orwl-fulowaikt Day, at Twelvo ! riClock, coLiteriolsi of PRINTS, including mart . of Rembrandt% some line; a eon:ii,er..l.blc eAnober of framed awl giazad Prints, with deiciat Ph-wwri; anda few P-rtfolios." May be To-rnorraw, tiil foe Sale, and Catale.gwas bast at the Riiom. •. KARL ENGLISH PORTRAITS, CABINETti OF • COl's, &c. By Mr. RICHARIISON, At his House, Nts...t3t,. the Corner of VilletAs-Street, in the St.and, on MONDAY, April 4, and the following Day, at Twelve o'Clodc, - A Choice COLLECTION of ENGLISH Pol{- ii, TRAITS, &c. by Deiar.un, Elstrack, Holier, Hogi:u herr, the PaS4 . 4; and among them is Queen Etiribeth between the. Pllkrs. Many very rare, of King Jetties, Charles l. and If. Cromwell and Fairfax.; the Newcastle Family, Earl of Shaf tesbury, by Blooteliog ; Prods, by Loggan ; Lathes, Jesuits, and others really -curious. A few Foreign 'Portraits, by Drevet, Edelinck, &c. the whole- in thy- Condition. Two Cabinets of Roman Copper and Silver Coins, &c. of .tn. em,. neat Collector in the country. To be v.ewed on saturtlay the 2d,uod Mornings of Salty Catalogues to be had of Mt. Clarke • Boot:seller, Fond-street and of Mr. Richarrort, No. 91, Ate;nd.. - - • • London r Printed by J. Gitiirr; "Nu. IK, C;ow - n-court, Fleet -street; and published s tbetli by W. 1. era MINT, of No. 201, Strand. • Advertisements and Letters (fist paid' must be addressed tq the (Alice, No. 13, Salastml -square.