The British Press; or, Morning Literary Advertiser. — London, England, 1826-01-03 00:00:00

rim GRREK& ••Ilmeaws, Dec.l WI leaWschat die Ora& Government has meta an invitation to She Friesen, of Hydra and Speeds to amid into the Mows the rester parte ere weeps whisis they have taken Into their pay, Ii wins widened themedvse tress the mated attack. of the Turks. One part el these treys . had already disembarked at Napoli dl Alrossnis, * wen In aim* apes Erwin*. It appean that die BeakGweineemie . dreads As jealousy that exists bowies the Remeliotti did. the bleresies, sad that it wishes to keep them at a Marne from each ether. • They ea Imre dread say attack en Hydra, eines the Caphen Atha bee sided to bliesslonglti. Neirenhelms, as • measure of elludence, thav neglect no means of defence, and they mill keep up then a garrison el dissiplinsd trews• though reduced to the °idi om n ambit. The news chanted at Osesteatleople as to the existence of a llnekish holes la Nepali di Romanis, which bad itikep the direr don of affairs, sod wished to capitulate with Ibrahim Pacha, is destitute of eh foradatles, and is regarded purely as an ingen ern. No weseee ding Rem Greece makes the less' mention af it. Ibrahim Podia hes been toscupied aims the dieenMeskation of • Me Egyptians is cegesideg hie army anew, and in dividing them 1,19 different corps. We are sweired that one of these corps has elinshed towards the gulf of Cseieth. It is permuted,. that awarding .o the plea of cooping , ;cid down it ts to effect a hmetion with the Albanians stationed at Eakins, and to sup pmt ulteriorly, if that should be necessary, the operations of Itedschid Puha. We know nee yet the direction which Ibra him has given to the ether air . sif his army. The rainy and moist whether, which has pvegsdee fee some time in the Mores, laterrupts greatly the operation ' of the chief of Me Egyptian pepay.—Eictik tr Seedey. rtuccb tot HMI ISM Rank Stork 3 per 1 ent. Red. oer Cent l'irm., Ditto Acct. 824 34 per Cent. fide 34 per Ct. Red. 4 4 904 ".T 4 )CKS YESTMIDAI. Long Ann. SO India Bends 7 10 pm Ks. Bills I Jlolli. • 54 p 5001.4 5 pot Ditto, Sewall 4 4 po' Lottery Tickets WI. • - PRICK: , (IF Brazilian Benda G9l Dino Scrip Ditto Acct, 11 131 dia Buenos Ay re% Bends 74 rekimbiaii non& Dina Binds (1820 621 24 34 3 1 41 DitioAect.62l h 31 21 31 4 21': 31 1 141 4 1 61 Draeish Bonds 1101 2 11 2 Mite Acct. 1101 11 French Bente, per Ct. 11111.110 c. 961% We. 6:change 20. M. 10c. sitich: , YesTicitiin‘. Greek Bonds Ditto Bonds 0820 14 ex dir IM etican Bonds 1.94 Di.to Bonds (1224) 654 6 61 6 D 7 11 6 1c 8 c1 7 . 4 4 1 5 1 ii d : v6 4 6 47 ! 64 4471 i iea die Petustan Ronda 41 2 Ditto Acct. 424 2 Russian Bonds 10 711 801 I 1 Diato Acct. BO 14 Sp:might:ans. II / Ditto Acct. 121 12 I Ditto 410 124 PRICES OF siiAii ES YESTERDA I . MIRES. *bare. Patd. rremlunt reribare. A nglo.M exiean £lOO 26 10 121 16 Anglo Cltilien A rigia Iron and Coal 5O ,IA idis Brasslian Castello& EspiritoSanto Brasil 100 tr- par Chilisn Colombian lOO 6 8 Famatina S. 230 124 1 General Mining Association ... ISO 6 i Hibernian 6O 4 3li 3 dia London United 23 74 4i tits Pasch-Perovion Potosi IA Pas & Peruvian Ass BO 5 9li i 1 dim Royal Irish Real del Monte 4OO 400 180 United Mexican Ditto New 49 10 10 Ili 12 ASSURANCE cestratitxs. Alliance British and Foreign lOO 10 1 g sitscut.t.awitotre. Auatralian lOO 3 It British Iron lOO 23 8 dia British Rock and Patent Salt 10 6 i Canada lOO 10 15 , Drodwieh Patent Salt AU xicaft ------ E"Y " E c l gT. OF O THE FOII yatH ix -FIVE Messrs. B. A. Goldschmidt and Co. hereby give notice that on this and every succeeding day, between the bouts of 10 and 2 o'clock, they will pay off at par, with the half-yearly Dividend due this day, those Bonds of the above Loan which are in Pounds *crling, so that the holders of the same will be entitled to payment in the manner following : that is to say— The bolder of a llond Letter A. 1001. will receive 1031. 10.1. 11. 2501. ditto 2:011. be. C. 6001. ditto 6121. 10s. D. 10001. di t to 10261. 01. Messrs. IL A. Goldschmldt and Co. also give notice that the will at the same time pay off the Bonds of the above Loa n . which are in Marks Banco ; and that, as the price of Standard Silver was yesterday 60i pence per ounce, the hohlera of with Bonds will be entitled to receive, and will be paid as follows, vit. : For each Bond, Letter E, Banco Marks 1,400, Z. a. d. making, with Dividend, . Benet Marks 1,435 105 18 4 Ditto ditto F, . 2,800 dirt° 2,870 211 18 8 It is requisite that the Bondi, with lists thereof numerically ar. ranged, and in which the names and addresses of the parties claim ing are stated, be left one day previous to payment in order that they may be properly examined. No. 5, Great St. Helen's-passage, Bishopagate street, Dec. 31. 1823. Vie WOO irireoo. DRURY-LANE I'HEATRE. This Evening. TU TH E SIEDAY. Jan OF B. will BELGRA be perforDE.med Me Opus of GE The Seraskler, Mr. Sinclair; Caltenberg, Mr. Areher ; Leopold. Mr. Wirier; Auseim. Mr. Bedford; lamer!, Mr. G. Enuth i Yuleph, Mr. G..ttle; Peter. Mr. nitwit/Dun. Ulla, Ills% Stephen.; Katherine, Miss Graddon; ;Mita. Mite POVOI. To eone'ude wl:n the Pantomime of HARLEQUIN. JACK OF ALI. TRADES. HarleguLa, Mr. Howell; Pantaloon. Mr. T. Blanehard; CRiWn. Mt. T. Brown. Columbine. Miss *J... nett. TiwntorroW, The Hypocrite. and the Pantomime. COVENT-GARDEN TIIEATRE. Thle ltealub T A UESD AY D S , Jan TR 3 will OR be performed the Comedy of BOLOYER F A wIFE. Colonel Fel:or:well, Mr. C. Kembles PerriwlnMe. Mr. W. Ferren; Obadlub Prim, M. Faweetts Freeman, Mr. Cooper; Slmor. Pure, Mr. Meadows. Ana Lovely, MINI Cheater. After which the Pantomime of HARLEQUIN AND THE MAGICK ROSE: Or, BEAU I Y AND THE BF AST. Marleguln, ID. Ell ier; ldi; Pint Col alumboon. ine r , 'M M. Bissarnossmer.Cluwn, Mr. J. 11. Grma Ho To-morrow, The School for Scandal, and the Pantomime. The BRITIIIII Passe commeniedpuhlWhing yesterday morn. ing at flys &cinch. LONDON, TUESDAY, JANUARY 3, 1818. The French Papers which we received yesterday have brought some intelligence, or we should perhaps more correctly say a report, concerning the succession to the Rus sian throne, which is of great interest. The Journal drs Debuts an . rounces positively that " the Grand Duke Cos- STANTINE has abdicated in favour of his brother, the Grand Duke NICHOLAS. The letter carried to St. Peters burgh by the Grand Duke MICHAEL, who left Warsaw five hours after the arrival of the news of the Em peror ALEXANDER a death, was inscribed : To his Im perial and .W al Majesty the Emperor NICHOLAS the First. Immediately after the arrival of the Grand Duke MICHAEL at St. Petersburgh, the directing Senate was convened and Ntettotas the First proclaimed Emperor." The Journal des Debar publishes the foregoing as " the most authentic account of the great events which have hap pened in Russia." At the same time, the journalist feels 1 it his duty to communicate to his readers the following letter which he has received from his correspondent at Frankfort, and which directly contradicts the other state ment, fur which no authority whatever is given. Faawaroav, DEC. 26. The report was circulated here yesterday that the O^and Duke Constantine had abdicated the empire in favour of his youngti brother, the Grand Duke Nicholas. ` This news may have originated in the circumstance that it is not yet known that the new Emperor has - performed any act either in that capacity or as King of Poland. According to other rep Arts of a quite different nature, ells Monarch has, published a Mani festo, in which he declares that he will tread in the steps of his august predecessor, and assures the Powers of Europe that he will follow the political system of Alexander. It will be seen by our extracts from the Etoile of Sunday, that the news of CONSTANTINE'S abdication is treated as a mere " conjecture or invention," made in the eke of the Journal des Debuts. "No letters," the Etude says, " have been received in Paris, announcing the arrival of the Grand Duke MICHAEL at St. Petersburgh, and consequently the story of the renunciation of the throne by CONS rAvrixr can have no other foundation than the rumour sent forth from iVaesaw." The Journal des Debuts, it should however be observed, whatever may be its authority, speaks very positively. " Among all these contradictions, and all these obeurities," the Editor says, " one fact alone is certain: the Emperor MelloLas the FIRST has been proclaimed at St. Peters burgh." A letter in the Journal de Paris states that M. DE TATTSCHRIPII, the Russian Ambassador at Vienna, had not on the 21st ult. received any official despatch relative to the decease of the la* EIISSROR. lie had bad several interviews with Prince MRTTSRNICH since the news had reached him by the cdinary channels. The French funds have advanced considerably. FRCYCII Ft:MDR—PARIS. Dan. 31.—Flee pee Arm ta. 20e.; Throe per Cents. 6.f. Mk. ; Bank Stock 2060 f.; Bents de Naples Certif. Falconnet 76f. ; Royal Spanish Irian 49f. • Ea. change oriLotidon, one month, 251. Ilk,: three months 24f. ;Sc.— Coe reArthentkee. • • The Amsterdam Pape of fitturdayarrivett last night. The King of Sw ?DEN, it appears, Was del)) , tactr.l by the news of the Emperorawn:ma's death. There iv FRENCH PAPERS. Irma the stalls dated Suaday.l Pairs, DSC. 31. The QeMbdienne lays, today, that a courier extraordinary sent ' by Gant de b Fiervonoye. Ambassador from France foe St. Peters. thergh. arrived the evening of the 29th at Paris. If the Quoti sikvinis had recollected that the Grand Duke !Wachtel did not set out till the I Ish from Warsaw, it would not so hastily have published an me 11:1 which has no foundation. The wishes of the Emperor 'could not be known at St. Petersburgh till the 19th, and, whatever diligence he might use, it is impossible that a courier could arrive here from the capital of Russia in ten days. The news in the 'Journal am Dods, that immediately after the arrival of the Grand Dike Micheal the directing Senate had been convoked. and Ni tilsolu the net proclaimed Emperor, is therefore a conjecture of that Journal, foe nobody in Paris has Wien announcing the arrival of the Grand Duke at St. Petenburgh, The news circulated of the renunciation of the throne by the Em. - Item Constantine in favour of his brother Nicholas, has no other aoundatiea than the rumour sent forth from Warsaw. As to the letter addressed by the Emperor Constantine to the Greed Duke Nicholas, and which. according to the Jon , nal des DAM, contained these wads —" To his Imperial and Royal 'ajesty the Emperor Nicholas I." it is evident that this super. smiption amid out have been seen by any one. and can only be • lobjecture. or an invention, originating its the office of a newspaper. Desides, we need not to wait far new, from St. Pctersburgh. The Irtters of the 10th are numerous is the praises which they bestow on the Grand Duke Nicholas. who ceased big biother to be proclaimed Simperer, notwithatandit.g die renunciation which the latter to said to have written. He replied to these who reminded him of it, "If Inet believe that he has gives me any authority whatever it is in • the Immo of that authorloy that I regain you to take thi oath of idelity to my brother.' Letters from Warsaw, which we received yesterday, say that the Whiten Lowics, to o f the news wired. of the fatal event at Taganrog. was to go in Ertli for the benefit of her health, which (bold not bear the climate of St. Peteralmegh. It is melancholy to reflect, that If the Emperor Alexander Shad censeeted to twelve the lest assistance be would still have survived. If he had only put on a cloak when embarking at *baster/kit, he might have %tivoided the cold which attacked him the sense evening. and notwithstanding some symptoms of fever the next day. he would not consent to stop, but set out again for Taganrog. With respect to what a German Journal says of the malady of the Emperor Alexander, that it ma called the yellow fever of the Crimea, we have to remark, there Is no disease of that sort in the country. bat merely fevers. which are called fevers of the Crimea. The Empress Elisabeth intends returning to St. Petersburgh with Priaceirolkonsky, who will bring back the escort of Alexander • Limn the Constitutional of Saturday.) Punta, DEC. 32 In an evening ministerial journal we Mid the following article, which ie not calculated to dispel the clouds which envelop: the af. faits of the North : Letters from Warsaw or the mit 64« al nee that the Emperor Consuita ntine. who was to have set out on th 17th, was still in the *p of Poland on the 23d. The Empe. was seriooely Ind en amount of the shock which he feu on th e death of hie . No prepaistioo had yet been made for his &pay ore. It seemed be be believed at Warsaw that the will of the Emperor would not be made public till the result of the mission of the Grand Doke Michael to St. Petersburgh should be known. The Ministry, Indeed, has not published any thing respecting the Ulnas of the Emperor, the period of his death, and the events which 'here occurred at Taganrog. St. Petersburgh, and Warsaw, except What le of the moat cootradictory description. The public appears matided that the Ministry has much note information oo ail these points than It chooses to make known. This reusing a report is generally circulated that Constantine has t ebtliested in favour of the Grand Duke Nicholas. 'From the Journal de Paris of Saturday.) Vitxxa, DEc.2l. e Vitox oralVATt LETTER.) M. de Tads& , the Russian Ambassador Extraordinary to our Colin, has not yet received from his Government any official de apatch since the death of the Emperor Alexander and the accession of the Grand Duke Constantine to the throne of Russia. It is xittnarktd that his Excellency hes had, since the 17th, several con. fetences with the Minister for Foreign Affairs. Prince 3letternich. According to the report of the General Imperial Post.oface, the Communications with the frontiers of Russian Poland, on the side of Galicia and the Buckowina are still interrupted, and the mails from Wilna and Warsaw have not been received a; Brody and Limbtrg. At the departure of the last mail from Jaasy, Moldavia and Wallachia were still oteupiedkby the Ottoman troops, notwith ,standirg the orders given by the Porte for the evacuation of those principalities. LAST ILLNESS OF THE EMPEROR ALVIANDER. IFrom the Ilamburgh Papers of Dec. 27.1 ST. PETEESATICOH. DEC. 14. On the 22th November a letter was received here Irwin the Em. row. dated the 17rh, in which he mentioned his return to Tse.sn- Neg. in rather indiFstent health. On the 30th, in the evening, the Grand Duchess Helena Pawlowna (wife of the Gr-md Duke Mi chael) received a letter from her Majesty the Empress Elizahoi, vita* the 21st, in which she requests Kr Imperial Highness to in form the Empress Maria Teodorowns, that his Majesty the Em peror was better, and that she herself did not write to her Majesty, LIU it might no: appear that she thought his Majesty's illness serious. On Sunday. December 4. in the forenoon. a letter from the Em press Elizabeth, dated the 24th, wes received, in which she men -tons that the fever had returned, which hindred hi. Majt,ty from writing. and adds.], she hoped she should be able in a few days to welts another subjects. On the 7th of December a letter was received, dated the 27th of Etebot. from Dame niebitach, Chief of his Majesty's General in which he states the Increase of his Majesty's disort:er, he alb the yellow fever, the psteavEnsof which since the 2814, and especia since the 24 , h, had become more violent and Awn incessant. T Gy his situation of the angust patient induced the about his Maims, to advise taking the Sacr iment, which Criejesty received with the devotion and firmness for which he wee tiotinguishte. Remedies we-.: then applicd, which in some de . glee ditelriabed the inflammation. The physicians did not give up all hope, though they did not dissemble that they considered his Majesty In yeti great danger. r-lITC..es On the Bth December. met when the prayers in the t h sElLotiader). a ('outlet arrived with a letter from the Empress of the 211tha in which she states that a derided improve. is situation of the Emperor was observed, which was 00il3nDeld by a private letter from Prince Woikonskr, who adds, that in the morning the Emperor bad recognised all the rcrsors about kite and ha4poonversed with the Empress in a pretty loud yoke. D , ;. Wylie, In the bulletin of the same day (ab) writes, • o tr2r the means of various internal applicat i on ., the y had sue. in nosing his Majesty from the lethargic state in which he had been, 90 that their hopes were 'named. On the same even. li e ter, and • bulletin of Dr. Wylie of the 28th; were re . , which stated that his Majesty the Emperor was on thatriay at dm extremity, the symptoms being very dangerous; but as 1 Ws pest had been delayed, the account of the improvement on the Nth arrived fine. At length, on the !:h of December, after eleven o'clock in the fiteseson, the melancholy news arrived of the Emperor's death, which hspperied on the let of December, at fifty minutes pest ten in the forenoon. I Though the Eames Metter is net otherwise ill, the profound animism caused by the shock has made her pass a sleepless Alb; AAA' has Tether weakened her. Her Majmty took. the elemillent eirtbe 12th, sines which the has been mare composed. w' A In seterents from Taganrog of the 34 December, Awed *Mu Ilkh, the Empress Elizabeth, with all her grief at dee 4esailhil AbAiptrine, her. it with great fi rmness, and berm 0. t lt telMibl odi y VOL Her Wisely has written at her Empress be Ibe dirt went tato deep mourning. Prayer, (or the *A ' the le er reeperee are reed is all the chinch*. Such e i t_a. 'll autenits. We learn also thee a mid which his Ma. leeeem . * 4 tier. Is which brought on en inearreittent \ the little We r o e . nibew. laid the Midestre illness. lby an et she 'lid of kEtildse Std panted oe Twiny,' the Nese peteirges Ile 018 esiDri b, °14111.6 ; • • p THE BRITISH MESS. reason to believe that this statement is not exaggerated.' They were personally acquainted, and haying passed firmly together through scene, of great daager and anxiety, had contracted more regard rot' each other than it usually hap pens with individuals of their elevated rank. "Illaxouson. Dec. !3. Letters from beipaie of the 16. h say, that the Conversations- Won baring stated that according to the Prussian Almanack for 1826, not the Grand Duke Constantire, but the Grand Duke Mi chael, was to be the successor of the Emperor Alexander, the Prus sian Government has complained on this account to that of Saxony, and that the latter has ordered a judicial inquiry to be made rela tive to this statement. A Commission, of which Prince Rankin is President. has been appointed at Sc. Petersburgh to draw up regulations for a general mourning. The Russian Ambassador at Stockholm received the news of the death of the Emperor of Russia on the 16th. The King and the Crown Prince of Sweden were deeply affected by it. " The friend ship (say the accounts) which united the King with the late Empe ror, and the important consequences which have flowed from their union, particularly contributed to enhance his Alsjesty's grief." Tie LEAGUE, DEC. 28. The day before yesterday, at two in the afternoon, his Majesty gave a private audience to th: Chevalier d'Abrue e !Arne, Envoy Extraordinary and Minister Plenipotentiary to his Most Faithful Majesty, who, on this ocusinn expressing the friendly sentiments of his August Sovereign towards his Majesty, presented the gland Cross, uniting the orders of Christ of St. Bento d'Avex, and or St. Jsgo da Espatts, together with al.:Cc-on vhf subject, from Ills Most Faithful Majesty. A MST IRDA M, DEC.3e. The Amsterdam Courant conta'ns an official note :n French and Dutch from 31. de Brunet. Consul-General of Russia, in which he acquaints all Russian subjects. without distinction,‘ melding permanently or for a time only in this city, that conformably to superior orders which he bas received, he shall proceed to receive at his office the oath of allegiance, which every faithful Russian subject is bound to take to his Majesty the Emperor Constantine Pawlowitsch.—Eachange on Lnndon 30th Dec. 40f. 2c. 29f. 10c. The Amsterdam Courant of Saturday announces that macs was received at Nuremberg on the 2itli from Vienna, that Palermo, the capital of Sicily, with a population of 180,000 souls, had been dastroved by an earthquake. No particu lars of this frightful calamity are stated. As ne confirma tion of this melancholy intelligence had reached Amster dam by the shorter road through Switzerland, we may be permitted to hope that the report is without foundation. By the Asia, from Bengal, we have received Calcutta Papers to the 9th of August. We have given extracts in another column. They announce the death of Captain BANNER), AN, of the Commissariat Department at Arracan, and mention, as a rumour, that Sir AtixaNnen WALKER was to succeed Sir CH/ALES COLVILLE as Commander-in- Chief of Bombay. We have no further intelligence as to the Burmese war. The armies were in winter quarters. Some private letters represent the sickness among the troops as very destruc tive. The papers state that several transports had arrived at Calcutta with invalids. The accounts from Arracan reach down to the 11th of July. The number of soldiers retorted in the hospitals was increasing to an alarming extent. At Calcutta money was still scarce. The Bengal Bank discounted at eight per cent. The exchange was 21. to 2s. 01d. The accounts respectiwt the indigo were good, except in the upper provinces. The estimate in the latter is one half cf the supp'.y of last season. " The statements," says a Morning Paper of yesterday, " put forth by some of the banking establishments which have stopped payment durin; the late panic, both in Lon don and the country, arc, as well as the silence of others, anything but satisfactory, and calculated, we think, to shake the public confidence in the present system af banking al!ogelhe7." And with respect to country bankers, Ole same Journal lays down the law of its opinion thus:— " The country banker who inundates a whole district with his notes, and who, when pressed, declares his inability to pay them, or to return the deposits of his customers, is placed in a situation, we conceive, not different, in point of moral honesty, from his own clerk, who may have on hezzl,d—and suffered perhaps severely for having gr belcz:vd—part or I:,ose very assets." A writer must have very e:.traordinary conceptions of morality as well as of banking establishments, who can send forth such opinions as these. They are too palpably foolish to deserve a seri ous refutation. But cs the subject of country banks is of such perpetual recurrence in the Daily Press, we will just . . soy a word pr two upon them. Let us suppose a banking firm consisting of five part ners, tacit partner bringing in thirty thousand pounds ; here is a capital of one hundred and fifty thousand pounds. Snppose them, upon the strength of this capital, to issue their notes to the extent of one hundred thousand pounds; this every one will acknowledge they are perfectly justified in doing. After a titre, they find that upon an average 50.000/. of bank notes and cash is amply sufficient for all the current demands upon the bank ; that is, it is amply sufficient to pay on demand all their notes as they come in for payment. Suppose the credit cash in their hands be longing to their customers to amount to one hundred and fifty thousands, and that, of that sum, they have employed on loans, on adequate security, anti in discounting bills, a sum to the amount, in the whole, of one hundred thousand pounds. Such a banking-house, thus carrying on its business, is manifestly competent to fulfil all its en gagements. It has the means of discharging the amount of all the notes in full ; it is therefore completely solvent ; it keeps, moreover, always a supply stlequate to the current cash demands upon it, namely, f fty thorsand pounds, or one-third of their capital. Out of the remaining tiro-third., it is that, after defraying the incidental charges of their (stabil:hit:cot, they derive their yearly profit. But a sud den panic, such as has been lately witnessed in the com mercial world, if it nceasiona a run on this bank—if all who keep cash in it rush, each anxious to be first to dray.: out his account, and all the holders of its notes, alarmed lest it should stop, hasten to get them exchanged for cash or Bank paper, it is obvious that, notwithstanding the stabi lity of the Banker; funds, which arc equal to all the demands that can be made upon them, they mist suspend their pay ments. For although they are able to discharge to the last shilling every claim upon them, they are not able to meet those claims all at once, when taken thus unprepared ! Neither is it any imputation upon their integrity that they were .not prepared to take up the whole of their issues, thus unexpectedly coming in upon them. It is enough— and it is all that in equity could be required from them— that they were prepares• to satisfy all the claims that they could seasonably expect to be wade upon them. We have heard it laid down as a proposition which every one must assent to, that no banker ought to. issue any amount of notes payable mg demand, which he is not pre pared on demand to pay. This, acuntlp very well ;. but there is no one at all acquainted with banking concerns, or indeed with commercial concerns of any kind, but must well know that instead of being a truism—as at first view i appears—it is a sheer absurdity. A banker:snote must be made payable on demand; it wculd not be transferable fat commercial purposes were it not so; but it was never in tended that payment of the whole amount of notes issued should be demanded on the same day, for the banking business could not be at all can ied on if it were necessary to be at all times provided agaihst such a contingency as this. There is hardly an individual in private life, how ever competent he may be to pay all his debts to the utter most farthing, that is vipable of discharging the demand of all his creditors, if, from any false report being raised that he was about s to leave the country, or from any other cause, they were all to call for payment at once, and to refuse waiting till the quarter-day, when he would receive his rents and pay his bills as usual. The rule which these persons would lay down, that a banker should not issue notes payable on demand, unless he is capable of paying them on demand, has so much the air of a moral truth, that it may be worth while, for the sake of those who are not much accustom:: l toreflection, to ex emplify its fallacy. Let us for this purpose take a Fins •NI) LIFE INSURANCE-OFFICE. It may be said that the proprietors ought tint, in justice, to undertake, on the re ceipt of a given sum of money, to pay a certain amount to an individual should his goods or premises be consumed by fire, unless they are capable of paying that amount in the event of such premises, or goods, being so consumed. Now, this is an assertion that, taken in the abstract, no one will dispute. But no man in his senses can suppose for a moment, that if all the houses insured by any one establishment were to be destroyed by fire, in one day, or in one year, that that office could possibly pay the losses. Equally impossible would it be for any office to pay the loss on all the lives insured by it if the whole I number of persons CO insured were suddenly swept off by a plague. E.stablisliments of this kind arc conducted upon a cokulatiGn of chances. It is found, that out of a certain number of p?rsons the average of deaths at a given !atriall is so many to one; that out of a certain number of inhabited houses, so many upon an average are annually da maged or destroyed by fire. Upon these calculations, in each case, Me insurance is made, and ample funds are al ways kept ready to meet the losses which they may reason ably expect at any time to be called upon to pay ; so likewise it is in the banking system ; the average amount of notes daily brought in for payment under any given amount• of its circulation is always fully provided for in every well conducted establishment. But if all its current specie is on any sudden panic drawn eat at once, the most solvent firm will be drained of its means, and till it can realise its funds, it has, as we have already said, no alternative but to sus pend i.s payments. To declaim, therefore, sgainst "the system of banking altogether," while arguing from circum stances arising out of a most extraordinary crisis, and no way connected with tbe system itself, is misleading the popular mind on a subject on which it is of great import ance that it should be brought to think justly, and more especially at a time when so much evil is occasioned by the doctrines that, fcr the most mischievous purposes, are wil- Sully set afloat to misguide it. CITY, DI ONDAY EVENIN 1. The Money Market bole a firm appearance all dry, and in spite of the powerful endeavours making to prevent an advance, there was a considerable improvement in the pike of Consols in the course of the morning. The quo tation at the opening of the market was 821. The scarcity of money stock, however, together with the abundance cf cash, soon induced an advance to 1. A slight reacticn.then took place in consequence of some heavy sales; but the check was only temporary. After sinking for a short time to 1, Console again rose, and fleally closed, with every pro spect of further improvement, at 62:. Reduced in like manner advanced from 811 to I, and 31 per cent. from 691 to 90/. Exchequer Bills were at 4,5, and 6 shillings premi am. The general aspect of financial affairs was ex ceedingly favourable. There were no reports of ill au gury in circulation, and the advices from the country were all of a tranquillizing nature. Messrs. IVILLIMIS and Co. resumed their business this morning under the firm of WILLIAMS, DEACON, and Co. There was no appearance of extraordinary bustle in Birchin-lane on this account. Public confidence is completely restored. In the Foreif.,n Market the improvement is great and obvious. The payments of the dividends in Mexican, Prussian, Danish, and Greek stock tend to make money still more plentiful. Any person holding Three per Cents. Reduced, or Tlnee and a Half per Cent. stocks, may lonl stock at the present prices for a month,and get the use-of the money for that time, the jobbers agreeing to is:turn him the same stock on a specified clay—such is the scarcity of money stock and the anxiety of the jobbers to keep down the prices. The advance in Sauth American Securities exceeds two per cent., and it is expected to be still more considerable. Mexican 6 per cents, on which the dividend of 1/ per cent. was this (lay payable, • left Off at 68 ex: die. ; Colombian Bonds, 641 ; Brazilian Scrip 13. dia. ; Greek Bonds were 14 ex. div. ; Spanish 121 ; Russian 81. In the Share Market a good deal of business was trans acted at hr. pros ing quotations. Anglo-Mexican Shares closed at 15 pr. ; New United 12 ; Real del Monte 180 ; Chilian 7 ; and Colombian 81 ; British Iron Shares were 8 die. ; and Canada Company 13 pr. The Agent to Lloyd's at Calcutta, under date of the Bth August, states the troops at Arracan to he very sickly, the hospitals full, and a number of deaths daily. Extract of a letter from Paris:—" The accounts fiom St. Peteraburh seem to have removed much of the belief en tertained of the assassination of Alexander ; but there are atilt pirsons who find in them sufficient contradiction to justify surmises of an unpleasant nature. I find, however, that He physicians who attended Alexander have already given a 'awes verbal of the death, which must convince the world that it arose from natural causes." Letters received from liamhurgh yesterday mention the arrival of accounts from Berlin, which state confidently that Constantine will remain in Poland, and will take th. title of Viceroy, resigning the throne of Russia to his younger brother Nicholas. There had keen four failures at Hamourgh among the money jobbers, but no mercantile houses had stopped. The Court of Denmark has gone into mourning for four weeks for the late Emperor Alexander. STATE OF Star N.—Tile spirit of revolt in Spain is every where ripe, and requires only some immediate cause tc bring it into action.: The populace are starving, and a: Madrid the price of bread had risen so much as to cause LI general commotion ;" the troops were called out, and were about to fire on the people, when the King interfered, gnd promised to see the wrongs of the latter redressed. In con sequence of this assurance the crowds dispersed, but it was apprehended that they would renew their clamours, as Fer dinand bad neglected to fulfil his word. The roads wen swarming with banditti ; in the early part of this month they Attacked the Cadiz diligence, and killed the greater part of the escort.— French Paper. EXCH•EO/11. —HANnustall, Dec. 27.—Dona in Lon don at two niinitlis and a half, 3,18 ; money in abundance; discount Bto 9 per cent. ST. PETERSB.:IIOII, DEC. 13. — London, 10k. Lettere, DEC. 23.—London,,two months 0 16. Beaux Dec. 24.—London, three month. 624 1. The celebrated French painter David died on Thursday morning last, at Brussels, eta quarter past ten o'clock. Bp family intend to embalm his body, and applttle French G o vernment for leave to have his remains deposited in bit own country, to the glory of which helms so greedy con tributed. LiTERA7'URE. VIZ SABBATH MUSE: A POEM, The plan of this work is not more praiseworthy then its execution is successful. The object of the author is to clothe relittioucinsiruetion in the attractive garb of popular poetry. The prevent is the first of a series of numbers which he intends to lay before the public. The followir . . public. 16 4% is a fair specimen of the mode in which he unites of argument with metrical beauty : Aid can there be who doubt there la a Ood, And life retnal I—When the river flows, Deny the fountain head who will, the wave, That curling murmurs farthest from its source, That source attests. Show me some well.wronght work Of matter or of mind ; though yn•l produce No Labor, I conclude that such there was, • Or this had never been, and give him praise. And why should sense demur? AVhch thi poor slats, Lloorred by some tyrant's hard decree to sums, IVokes in his dungeon, on his rocky bed, - From sleep, then wildly casts his eyes around, As if in search of death, let him espy In oiler frame sweet herbage of the geld To greet his famished lip, and from the spring, In earthen jar, the lucid draught to cheer Ills parching tongue; .will he nut straight exclaim ' That some kind hand hath ope'd his prison door And brought this bounty ? will he not invoke A blessing on the donor as he tastes, And feels the temperate Lie of health return To cool the heated 'mein of his heart, And pacify the fever in his brain Tell him 'twas chance :—but no ;—you we'd not the Abase his ear, nor wound his swelling anal In presence of the angel Gratitude. And is creation not a work of skill In its grand outline, in Its parts minute, That we should mark Its movements, trace its laws, OSserve its fine concerning harmonies, Yet feel no prompt of reason to Infer The being of a great intelligence? 'Tis 'Lin to trick out chance in idle pomp Of glory, to advance it to a throne, To choose it ministers along the winds, To put the solemn thunders in its grasp, And bid it shake creation 'till the stars Rock In their altitudes : if you not add Wisdom and love of order, and the mind. Together with the might to make that loss Of order shine through all created rhings, This idol of your thought is but a dark And savage Impulse working ends re'verse ; A terror doing deeds of charity. Add wisdom, love of order, bounty, tru . h, And take me with you to the temple whets You lay your offerings, and I will join My hands with thine ; for chance, ennobled so, Is Oon misnamed, but Goo still infinite. FASIIION.IELE INTELLIGENCE. The Marquis and Marchioness of Worcester arrived yesterday in their house in Park-place, front their seat near Staines. The Dowager Marchioness of Salisbury arrived in town yester day from Hatheld. Viscount Sidmouth has arrived in town from Richmond Park. The •Hon. Ag'tr and Lady Georgina Ellis have strived at the ' Earl of Jersey's seat, :Unutton Park, Oxfordshire, frum Es:l Spencer's, Althorpe, Northamptonshire. Checks Brosnlow, Esq. M.P. has arrived In Batb, from Ireland. Colonel Gore Langton, Mrs. Langton, and family, have left town for Brighton. Arrivals at Fenton's new Hotel, St. Jamett's-street r—lord and Lady Duberly, from Scotlinal ; Itichani Howley, DI. from Ireland. Departures:—J. Hawes, Esq. fur Brighton; and Wm. Campbell. Esq. for Melton Mowbray: Departures from the British Hotel. Jerrnyn-street:bord Er kine on a tour ; Captain Pik:, for Chatham ; and Wm. Sutherland, Esq. for Bath. The Countess of Antrim arrived yesterday at Thomas's Hotel, Berkeley-square, front Ireland. Uveriale Price, Esq. left the Waterloo Hotel, iermyn-street, yesterday, for Portstnoath. Dol . .rtures from Bead's Hotel, ',liver Grosvenor-street: —Car. Christie, for Bath ; and Ju.eph Scott, Esq. for his ant in Lin coln.hire. J. t.V.Beautnont, E.q• M.P. has arrived it the Clarendon Hotel, Rond-sere:t, from Brighton. S. Crawley, Esq. has left ditto fur Arrivals at Mivert's Hotel. Lower Brook-street :—The Rev. Lill de Burgh, from Drayton ; and Mr. and Mrs. rarrand, front uses. NVe have the satisfaction to state, that letters dated Belvoir Castle on Sunday afternoon, have been received in town, which communicate the gratifying intelligence that his Royal Highness the Duke of York wassin the enjoy ment of perfect health. Prince Leopold left town for Claremont on Sunday evening. The Prince of Size Coburg, Prince Polignac, and a party of English noblemen and gentlemen, visited Hari Verulam last week. On Ft Hay there was a grand haffa among the pheasants in his Lordship's preserves at Gcr diambury. Yesterday morning, about eleven o'clock, the Chancel for attic Exchequer arrived in town from his residence at Beckenham, in Kent, to transact Lusiness in his depart• ment at the Treasury. Soon after three o'clock the Right lion. Gentleman left town again, accompanied by Lad; Sarah Robinson. • Yesterday Mr. Rothschild transacted business at the Treasury, and afterwards went into the city. Yesterday the sea Tohling was removed from the front of the new entrance to the Foreign ()Ace in Downing-street• square, the brick and r.rihst'ditial work being complef , 1 The new entrance will also lead to Mr. S:cretary Can nines intended residence. Among the num , roes fashionah'es who yesterday visit, , the pertormance of the musical infent sisters, we noticed It Grace the Duke of Athol and party. His Grace the Archbishop of Tuam is, we rejoice 'earn, nearly recovered fromi the effect of his late are indisposition. The Hon. and Rev. Dr: Stewart was on Sundae torso. crated Lord Bishop or Quebec., in the Archiepiseopai Chat, at Lambeth Palace, by his Grnee the Archbishop of Car terbt:ry. The B shops e.. London, Llantlaff, &c. assisting DEATII or LOUD A..ant;a PAGET.—I: is this wo. our painful duty to record the premature death of Lot, Arthur Paget, of the 7th Hussars, stationed at Beverl which was occasioned Sty an accident whilst hunting .hurt time ago. It appeals that his horse failed in an ai ieniptrd leap, anti fell upon its noble rider. He wt speedily removed and every attention paid to him, in with little hopes of his recovery. A few days ago an ei pro"' was sent off for his distressed parent, the Marquis Anglesey, but before his arrival the youthful Lord had d parted to ingather state of existence.—Fork The delay in the opcning of the King's Theatre, will was anncunced for Saturday, arose from the difficulties ' which the journey of Mademoiselle Bonini ' the new prit donna, was retarded. We understand that she was let,iin more than a week in the passage of Mont CeniF.,hy the Vint She did not arrive in London until Friday. The man* is said to rely much on the strength of his carp, de hd':' In order to introduce Mademoiselle Banini to the pelt: .he manager of the Opera has given to that lady the p tf Palmide, in the Croninto. Paccini's Opera of La Schit in Bagdal is in preparation for the debut of Modal Caradori. The Select Committee of Gentlemen, to whom the car, of Drury-lane Theatre is assigned by the great hotly Proprietors, have been extternely active in their escrti luring the indisposition of poor Elliston. The play-got people are indebted to Mr. Calcraft and Mr. Georgellobil for having eng aged Liston, Miss Stephens, Macready , ' Sinclair, and we sincerely hope the property of national concern, and the interests of the lessee , wi ll rewarded for rh o liberal salaries given to these facout performers. Mira Foote is shortly expected at Bath, having finishi her engwments in the north of England, where her 6 am has been extraordinary and triumphant. Mim Ft will perform a limited number of nights at the Bal theatre, where all the dress-boxes aro already take , emir idea's performance, notwithstanding the lady is yet arrived in that city. 1 ' MINOMO IO TILE ICI .VG OF It --.01. (Prom the Courraer Frallta i The hopes which the nation cone Louis I begin to be rea li zed. . ems put into execution v:ith a n promise us great rellifs fur t Moine yearslosfore we tan reap tl area of oarting ; for before thin tales, it is necessary to cover the bankruptcy towards which the pro. wits fast dragging us. It r: ay be i sate iDtereits are hurt by this syste wurnstancts imperiously called for i In *company the merit of th brought under discussion ; opinio. aided: the Comte de Nlongelas, Tortes and the national inures's, a. discussion by this remarkable exp gentlemen! we have a just 310 cc . i, many like him." The King's repot; sO well established, that three peas.. Upper Palatinate to complain to his. proceedings on the part of the A -went to the Palace, and hat::: corridors, asked him what was to . tition to the King. The r.:nclars ei otncold ministerial coimexion, it dragged him out of the pala••••, al - police office, where the Clitoolis.i, fortunate fellow very il!, s.,..teli antlorderzil him to quit the town hours, under pain of being put man returned to his ion an. his landlord, who, neon i::..-1 : justice dote him. In fact, ..vo was summoned to the Palz.:o, , him very gracion , !y. seal t rott,is tended to. Uaving itntile,lian.ly sioner and the Ev.ml.irit , ,•, li , • ma for this abuse of power, a,.,1 hav Lis displeasure, drove eh, if! f,-on I In general the polio-', surd: as alit() our Kine's taste. In th. the Directeur-General having ' ce report, the King a''tvr 1i,.% ii • M. the Direct: or, 1 w iil t!1,1). !Is • seating me sn di r: rein., ; I cli,,i. anecdotes, nor to pencil ; , ..t! into quire of -you is, can fully vi vi•at. : good order and the F.a!*,•ty of th, It was end. avoureti to ex:a a.: . account of the military r.;.ir.c. , .. • ofßeers has rendered these gild month back, some su'oa:t.llN W: a publ:,:-house held sane •!res. the King; a hung ()On r thins being " the King of ihe 1,e...5.m been informed of it. iiTy.ii-aliii , .e at liberty, they have g yen ine the only one indeed I am mill ---...--!----- .2111: I? D i.: It 0 !.. .% . r The Lucerne Ga:•:, Ur, f';' lit lowing account of ihe im•p,ra,i ~.., tlerers of M. hi Iler:—Tbii p of the notorious li"ctult; s- eAt new turn, in COngC(rlClle:. I I t obtained by the rorrt o r l' i , ;i:l Avoyer Keller, deing, 11-....,7.-• silence which has been kn. ili declared that they i .iv ile..ir I sense, and have l: , -..: rs:.!y !..i.:t from them by the pt.na.i*.i.nr which they have lie 11 e' h,... 1 her of accomplices, iii:ir r in, troubles the winless s, rdoe judges have folini !!,:. :•••.• S • •, of the conftderatioo, and ,fr,• ligation to a C cr.:- r:0.....,- ii., , fled town, lialidy, t o :..• 1 .i... unites to give an hi :, • • .. • lated to attract u,,is, •ai worthy of noti...i, as i: e..ii report of the incr. , : r.l t' 0 Ii though it must base ;1, •-i d, Lucerne. It has loci r.:,,a r Lucerne such nuineiots ro : diversions as at pres nr, a: .1 I ' eons to a wish to d ive.:. il;‘ at as possible from this ;:!::', , •••a ting,u:shed persci:is mat- ,ai:.; 1 . Geography has jos: s is,. ii .. t valier Barbie du il ....e.;:i., M. .* • .. scripiions anti B. I,', .to (1, ea, inert for Foreign A,;:,irs, pi. I tern to the A.0.11,:ny of Pi o'clock in the al!crin . .. l i, ~f a sustained many attar:;; ,!;:rim ri but he was thew , . ',t 1 ...1-'; •;:1 the Voyage of A•:::.!.::.-.s .. r- ' continued throu:,l, I:., C:',l.; 1., graph)) . of Greece, at ,i _•• 1• !: I. have I..ft valm.'lo -,:•:. . le at sixty-five and six•v-s' :.•'.,r successfully trea:!ii , g ::, C;ie. 'it ! Papers. ly 1110 statue of F. n,1,,,, ti bray, was stmt oil' ,yi :i ..2. le 4th of January. al., to , :11. '',, the 7th.—tia:/ , •. of The beautiful anti Tie pit . t . ~' recently pulled down, pies a. .:, workmanship, a f ter Cl,' 1114 n- 'i. ' tholic Churches in 'he L 0 ,, sold by auction during :he rd .1 well-known anCqoarv. . ~. 7 o o f placeFti e it n : at t rhte D i e county tt u , nl . tito l . l lf.) - • :ii 7 ; a ,, ,c t i t.; : 1 vs to ere • stand, been committed by gaol, to abide their trial se- .Vuening. Post. pi! Died, at Shrblon, War tr.- ' I Sheldon. The folowine. 11g: : in Birmingham ha cc h;:en ..Ic : • the Ilospital ; I 000!. to otd . Blue School ; I,ootii. to the !.y, i Knowledge ; and the inter' 5 a who attend the regular wo ..i. at- .. The following renal Nu ..;,, . is recorded of Count he II tont •!.., to the King of Poland. hi: 4' and confined two years in l o f 1 the night of the 2.!-A of A d e . ... . with a handkerchief fast 1 'the following note for hi- . ikb .;• make no noise or alarm ; t ,b y 1 :I ' bed, and then shut the d. lira , you are out, which you t Heil • ..),. F ~4 . thread; by this tneaos n•,. ors. •, my chamber. The world 'ger apoplexy. If you execut (4. fully, my family will pay ,di., clueing this note to them.' part •SINGUI:AiI CHARACT jar. , • Ditcheat a remarkable i one remedy the defects of rat who was born without at-, cave his feet 11l those purposi ly of tally employed. He s Mona . facility, writes a bold le : oing 4 the manual labour of bins bowlef, and for throwing and practised at country fairs this pates arise in the course 11 he right with the power, if urite . some time since married be supposed, the cerem. shed . concourse, who were deli sac- , took the hand of his wife Foote signed the register with Bath , ' liberal description to tern '7l for %duo his liberty with a a not , Is induced to submit to tants.—Provinclal Parr . ,