The British Press; or, Morning Literary Advertiser. — London, England, 1826-02-13 00:00:00

P4l4l4lity/T4 1L5,11 4 741.14 1 PENC5* NOTICE&OF MO'FIIINS AND ORDERS OF VIZ DAY to* TIE ENSUINO WEE& .?aniestie. in. Is. Orntas or rat Dar.—Aupply, Ropore—Sopply. Committee —flank Charter and Prinnisoory NotesAent, ColllTT.lttle thereupon. Norms or Morton.--31r. fiuskisson...Blll to give 4,trect to the pestles of Coososeree with Countries in America out et print pasited with Nadenial Merchant Shipping._ To-moleow. ra.l4 Noriess or Mortops.-31r. Seeretarr Peel—Blll to regulate dee fropaneling of Juries In Counties of eiti . e=. Mr. Peninan—To hsume inquiry into the conduct of Mr. Ker.rick, Ly examination of witnesses. - - THCRIDAT,FIII. 16. NOTICZ or MOTIOXS.—Sir Jnhu Newport—To amend the Low effecting the levy of Church Rates in IreLnd. Mr. Spring Riee-3letion respecting Toils and Customs felled In Fairs, Aar kegs. and Bea.ports in Ireland. and their effect• nn the industry sad trade in that pert of the United Kingdom. Mr. Ellice—Ac seam of all Receipt. and Issue. of Gold Cain be and from the Sank of Englaro, in each week from let July, is2l. to 4th Feb -1626; distinguishing all Receipts from the Mint ; also, au Ac. imam of Old Crin exported, for tire game pellet!. ORDER OF THZ Dmr—lhbtor and Creditiv Arrangement Bill.--Second Reading. remor. TER. 17. NOT ICI or MOT IO N.-Sir George Clerk.—Navy Estimates. (In Committee or Snpply•) Last Day fur Reel iving Pritionti for Private Bills. PRICES OF BRITISH $1 rink ' , to 4: MI J97i Ditto Acct. Ira 3 pert enc. Red. 7R 77 k p c , Cent l'nc•.77N Ditto Acct. 774 7h 77 7t New 4 per Cent. SIN 93 rt ICKS ON SATURDAY. 1; per Cent. 86 Long Ann. 15 1-16 18 13-16 India liond3 I Ida Ex. Rine I.llnnt. 3 2 6 4lil Ditto, BIM/. 2 3 1 ditt Dian Zin:ali pen 1 dit PIS1('1Ia IsollliltiN ! CABian BoAs 41 7 erlonittian Bonds Ditto Bonds 08241 531 2 3} 3 Ditto Acct. 53} 11 2 23 } Islasish Bonds (1825) 2. 4 3 wench Rertes $ per Ct. 971.68 c. Nechinge 23e. 50c. French Items 3 ner Ct. 331. A:change 241. 40c. Oreck Bonds (1825) 17} 18 Ditto Acet., 174 18 G.lsteniala Bonds 43 ITOCKS ON $.111:1t11.11. Motif:at bonds I) to Builds (IV) COI 60 i 14 1 1 Ditto Act. 613 50t 61 i 1 1 Peruriii!. rOt di 331 Dttto Ac:. 36 Prussian !lords 0 Russian Bonds 771 7 4 Sottish Finn& Itt 9 a I)11to Are!. 10 Ditto MO 101 ritici:s OF SHARES ON SATCleiblil . MINKS. Sit:are. rata. rraaallim r , rShart. A nile.:llexican 4:1110 40 274 12i um Chillars lOO h par Colombian Ir . :bitten and Peruvian IOU 5 3.! 3 Atwal del Monte 4OO 400 IAZ Ditto. New linited Mexican ...... _ ... - Drtto New 4O 12j 2pm Welsh Iron and Coal 24 20 9 dis IRON wart.w•ts. Liverpool and 31anehester llO 9 12 pm sitSCF.I.I.ANEOUO. Frene'• Brandy Distillery Co 5O 2i pm Uo:d Coast Amwociatlnn Z,;litN s:sritterOt iprros. 111?Ufli-L1.VL T!!F.AT'UJ?. This Evening, MON Da V, Ft',. 13, will be performed (11th Giro a hew Nations , Ballad Opera, eatled tI.VI NA. The p•!nelpal Characters by Me•era.Wa(laek, Sinelatr, Horn, Ballard, Marley, and k M/iiflflitepheria. Povey, and T.. ~,, !ICi•lrie with the PantoriA:ne of HAIM,' II:1N. J %et( OF ALI. Tit vws. Haslengin. Mr. :I .well: Pantaloon, Mr. T. Blanchard; Gown, Mr. H 711; Cdlundilue, Nisi; Barnett. COVE NT-GA R N EA TR E. TW Ewenlns, NON DAT, Ft'. 13, wll! be performed the new Play eaard THE FRENCH LIRERTINC. The principal Characters by alessrt. C. Kemble, Wartle, Power, and 11,4,:•er: Mesdames Chatterh:F. and UMW. Tu cone.ude with HARLEQUIN AND THE )lAGICK ROSE; Or. PILAU: V A%I) THL Hariequln, Hr. Filar: Panta',.n. Hr. Barnes: Clown. Mr. J. $ OriniaAL: t.: , iumblne, Wes Komar. (.()f'F.',VT-6.1/(!)E.N' 4TI? ff.. GRAND PEPIFoRMA‘CES OF ANTIENT AND MODERN MUSIC. t111 , 14k TI MANA,f , F%T 0? /11 , n V A/4•1 . .1. 011 WEDS EXII%V PAT, I.hriary rill%Xl) SELTCTION. PIIP.T I. OVertlITV t., the t ecaaiorai oratorio. Parr 11. rr,lll the Sesit.ns. PART 111. A Gard Ne.cellarao , us Act. Principal Vneal Petfortneri—Me.ters. Heatan•. pearmaa, 'Money Horneaacr, iteblnattn, PdllliD., llaateta Bat I , ea and tnnahurat Iglatea Stephens, Love, Coward, 11. ('sweat, Paton, and Farrar, KINGS THEATRE, OPERA CONCERT-ROOM) 41",1f A ItKET. IVILICER reareettully anneunees AN ASTRONOMICAL LFC TOM'S on the original LIDoi R ANION, or Grand Transparent ORRFIV. ToenmmeneeonlV6UNESDAV NEAT, 04 1:0. mat, aOd continue every Wednemtay du-nag Lent, at halt-past Seven. Boxes s, Pit Gager) le. ,WlL—This le not the large Orrery Mr. W. ila:4 read upon the last fro.: rear, hut the uthtlnal vn. hint which he hal rentte.t, and from which so many luntat.uns at the prmient mumeut. ENGLISH OPt RA HOUSE, STRAND, oppn.lto Waterloo Driegn. On WEHNENVAY I:VFNI SC, Feb. 15, Lt. TURC ON ASTItoNOMY. .%ND TAT. I'Ink:NoNIENA OF THE HEAVENi \ or THE I ‘tt PH, r., be de:lreful by Mr. BARTLEY on the WEUNEaDAYE mei FRI- I); Ye Wine Lent. Begins at Seven—eon , :ludeo at Ten. The BRITISH Pam commenced publ min ng on Saturday MOM. ins at lialf-past six 'o'cluck. LONDON, MONDAY, FEBRUARY 13, 1496. The French morning papers of Friday, and the Etoile of Saturday, arrived last night. If we may credit the' authority of the Constitutionnel, the afliiirs of Russia are in a most unsatisfactory state, and the tranquillity of ICEICLAs's reign appears very problematical. The Etude, however, treats these statements of its contemporary, and wit should incline to think correctly, as mere fabrications. We have at least no doubt that the assertions of this oppo sition Parisian Journal are very much beyend the real foots, if not utterly destitute of truth. It appears by these Journals that the debate in the Chamber of Deputies upon the Address in answer to the King's Speech was conducted with considerable animation, if not with acri mony, and that the eloquence of Messrs. BooßlloN- NwE, BENJAMIN CONSTANT, and General SEBASTIANI, so far prevailed as to pievent M. de Vii.LLLE, with all his address, from carrying the question in the first sitting upon it. Although the Minister twice ascended the tri bune, he could not prevent the adjournment of the debate, which was to be resumed on Saturday. The discourse addressed to his M A IESTY by M. DAM. EKAY, Chancellor of France, begin• by alluding to the dtcease of the Emperor AtLx•xnen, and testifies the share which the Peers of France take in the profound affliction with whirl his MAJESTY was overwhelmed by the prema ture death of so magnanimaus an ally, and adverts next to the consoling assurances given by all the reigning Mo narchs of the continuance of their friendly dispositions, and that nothing would disturb the harmony at presen t established. [From the Monivur of Friday, Feb. 10.1 PARIS, FEB. V. The official put contains the Address of tie Chaniter o - iPrers, delivcred to the King by the Chancellor of France, in answer to the Speech from the Throne. The following U the King's An. ewer, which is not given in the minor papers t OESTLEMEIf,—I receive with real plessure the expression of the sentiments of the Chamber. I am satisfied with the zeal which animates it so second my intentions, and to• weigh the laws which I shall cause to be presented to it during thit seslion. I de pend on you, Gentlemen, as you must depend on nit. relieve that I .ball neglect nothing totoneolidate the happiness of France, the glory of our monarchy, and the frank and entire liberty according to the laws, of which I am happy in believing the French is be • worthy, and which I shall endeavour to make them enjoy, in may thing that shall depend on me." LFrom the Constitutional.] FRANKFORT, FEL 5... (Timm A PRIVATE LETTER.) • According to the St. Pztemburgh Journals, as well as from the tenor of private letters from the North, we had reason to think that • the revolt of a part of the guards having been repressed iu the capital, the troops stationed in the provinces of the em. ;Are would not make any diffkulty to acknowledge the new Em. peror. Yet what has just passed in the first army, commanded by .!' +': R Oeu.4lsekeo. whose bead.quarters are at Mobilow on a. Dnieper, had dispelled this Maim We hare since keret dressing's: mu. tinkly have broken out in the army of Bessarabia, commanded by Generals Wittgenstein and Sabeniefi: Lettere frown Warsaw go so far as to earns that •reginsent of dragoon and several battalions of infantry, composing a part of that army, have passed the Pruth and marched towards Jassy, and that the detachment of Turks who were in garrison in that town left it on their approach, end retreated towards the. Danube. The Grand Duke Constantine, It It added, has left Warsaw, and gone to Kiew, the capital of the Government, where the third division of infantry of the first army, which is plated under his orders, is cantoned. In the cantonment of the Lithuanian army Valioll4 movements have also been or. dared, the object of which seems to be to bring it nearer to Vol. hynla. PARIS, FFB. 9. (After capitulating nearly in the same terms the preceding letter from Frankfort, the Editor proceeds)ln this state of things it is pretended that the Austrian armies are going to occupy Servia, where they will remain as • corps of observation. This news is very pr)bable- The Austrian Ca binet is too skilful, and too attentive to its interests to let Russia numouvre alone on the tanks of European Turkey. Great poli tical interests will arise from the respective situation of Russia and the Ottoman empire, and those interests will not be indifferent to any Eusouean power. . _ , . Lord Wellington is going to St. Petersburgh : the choice of this Ambassador proves that the British Ministry is not blind to the situation of the Continent, and that England is resolved to inter vene ass power of the first order in the action and the denouement of the great drama which is preparing. It is already presumed that it casts a look of concupiscence on the important island of Canlia. This naval and military point would give it the empire, of the Archipelago. [Front the Efoik dated Saturday, Feb. 11.1 PARIS, Fen. 10. _ According to the Caustifirliomvel, a detachment of the Russian army has passed the Pruth and entered Jassy, the capital of Vol. darts. Orr:ors are given by the Emperor Nicholas to invade the principalities. The 15th 31areh is fixed for the eruption. The Conatitutiornel will probably give us one of these days the manifesto of the Emperor Nicholas, as it has already given us that of the Emperor'Alesandcr. The A ustrian armies are going to enter Servia ; and England Is going to appropriate to itself the empire of the Archipelago, by occupying the island of Candia. Such is the ridiculous romance which the Coratitutionnel has thought it necessary to present to us before letting us hear the threats which M. Sehastiani utters, oj• that bloody series of convulsions and catastrophes, of which the victims are almost as numerous as the witnesses. A letter from Toulon of Feb. 2, says that the river Orbe has over9,wed its banks, and had formed a kind of canal about three mitre* in depth, at the bottom of which a ship was found. The wood, except some pieces of oak, was rotten: some copper nails were extractel, but the iron nails were completely oxydated. Tha histoire ALregee drs Cones, by M. Daloure, has been seized by the police in the shops of several booksellers. [From the Courrier Francais.] Letters from Munich su, that the King of Bavaria has sent an agent to the King of %Virtemburg, to concert measures for re suming the negociatinn for abolishing all tolls and duties of customs in the interior of South Germany. A Stuttgard Paper says that the new Emperor of Russia ha already manifested an intention to mitigate the rigour of the laws which prevent the importation of numerous foreign literary pro ductions into the Russian empire. Fax )(cif ECNlJ9.—Paris, Feb. 10.—Five per Cents. WE ; Three per Cents. 631. 30c.—Bank Stock, 203.5 f.; Rente de Naples, 731 . 00c.; Bartle/1 Loan, 77:4 Exchange on London.—One Three Months, 2.5 f. 30c.— Coves Autheutifue, 10. According to the statements in the Dutch and Flanders papers that reached us last night, it appears that the in surrection in Java will be speedily suppressed. The Hague Stale Cuurant of the 7th instant gives various details of the operations of the Government forces in Batavia, down to the Ist October. The following are extracts:— iIAGUE, FEB. 7. The State Courant gives to d ay the followinkartiele:-- • . . "We have received this moo - rent accounts from Batavia to the lit October, brought by tbg Adriana, Capt. Born. We shall in. sett them at length io our next, and at present merely state that the ►ubstance of theta Words the prospect that the insurrection in Java will be speedily put down. On the 14th September, General Van Geen had dispersed the insurgents who had again penetrated into the district of Dsmak. Later movements made by our troops have cleared all parts of the territory of the Government, and on the 24. h of September, Lieutenant-General de Koek had already approached Klatton, on his march to the chief rendezvous of the insurgents. Ilia force consisted of 6000 men, of whom 2000 were were regnlar troops, the first division being commanded by Ma,jor- General Van Geen. The account of the result of the opernuona was expected every moment. BATAVIA, SEPT. 21. By dnpatches from Semarang we have received the happy news of the arrival in that port of the ship Dania. with LW men, under 31ajor Sollewyn, front Pontranak ; it Rai almost immediately fol lowed by the Apollo and the Emile, and the colonial schooner the Iris, also from the cast coast of Borneo, with 200 men, some ar finery, &c. . . _ _ _ The plan of General Van Geen to go and attack the rebels In Gruhogan was anticipated by them. On the 12th we marched towards Doeyaran, with so superior a force that the post stationed near the bridge was obliged to fall back towards Damak, which place was immediately inundated by the rebels, whose numbers are ritimated at from sixteen to twenty thousand men ; so that Lieut.- Colonel. l'hilzinger, who had been sent to that port, thought it pru dent to abandon it with his men, supported by two cannon, that his communication with the General and Semarang might not be cut off. This retreat was executed by the Lieut.-Colonel in the most perfect order, though he was surrounded by a numerous armys which followed him step by step, and though almost all the bridge. on his road were destroyed he lost only two men on his retreat, while his cannon seriously injured the enemy. This column was joined on the 13th by those of Major Sollewyn and Mout ; on the 14th thole forces went forwards ; the di ffi culties of the road im. pcded their march. According to the report of General Van Geen on his operations of the 14th and 13th, the fortes had been formed into three divisions under Majors Sollewyn and Elout and Capt. Bac. The General hoped enitrely to disperse the insurgents, but Major Elout having taken a wrong direction, this column could not co-operate on the Ge. nei al's plan ; however, he entered Damak, and proceeded beyond it, without seeing ei,y signs of the insurgents who had retreated.— The General published a proclamation in that town, where he left some troops, with orders to pursue the rebels after they had taken some repose. .... . . . The 'accounts from Djorjocarta of the 12th erste, that the re bels, who had made a general attack, had been repulsed at all points with little lons on our side. The accounts from all the other residences continue to be sattis factrwy, only we receive news that the rebels now keep Damak blockaded. Accounts from Bitsvia of 28th September have been received at Antwerp, of which the following is an extract : On the 18th of this month a considerable body . of rebels ap. neared near Kadoe, under four Pangeranga of Djocjocarta. They seemed to expect our troops. Major But, at the head of 120 infantry, some Mauduriate troops, and one cannon, attacked the enemy and completely routed them. In consequence of this action Kodoe and the environs have been given up to the authorities of the Oovernment. The Chief Tommongong, of Djacjocarta has applied to the Resident to make his submission. on condition of his life being spared, and has sent his son as hostage to Major Bast. A private letter received at Autwerp announces the reduction of the rebels in Macassar, the existence of some troubles in Borneo, and the probability of the speedy termination of the insurrection. (Derck .Papers, tcb. 8.) ST. PET EftsBURGII, JAN. 23. According to accoonts 'from Jsjansay, of the 31st December (January 12), her Majesty the Empress Elizabeth had been deeply afflicted on the day when the funeral procession of the late Em peror leR that place, but her extreme grief had not had any bail consequences to her health, which wee a little better since that mournful day. His Royal Highness the Prince of Orange has just arrived in this city. His Royal Ilighnevi the Hereditary Grand Duke of Blecklenburg Schwern arrived here three days ago.—Joarsel of St.- Peter:bar:l4Jan. 24.) [The St. Petersburgh Journal, from Jan. 19 to 24, commies no I noue but what has been already published.l STOCZHOLM. JAW. 24. Major.fieneral Suchtelen yesterday had an audience of his Ma jesty. to present the notification of the Emperor Alexander's death, and the accession of the Emperor Nicholas. He at the same time presented his new credentials. A courier from an Ambassador in St. Peteruburgh is said to have brought an autograph letter from the Emperor to our King, couched in the most friendly terms. EICHANOTS o r LONDC9L—AsISTIRDANI, PCB. 7.--41Pli two months 46-3. 11 SKI UllOl, FEB. 3.-46 3; two months 36. RIGA, JAN. 19.-14. Latytc , jow. 3114. --Three months 6 it 17j. BL Luc, JAN. 31.—Thres owed* 281.—(liemitur g h Papers, Feb, 3.) _ _ Bnusgrt.s—Ftss 8. We expect every moment his Grace the Duke of Wellington If• • • A e . 4 THE Bitirrisll PRESS. • from London, as his way to St. Petersburgh, upon an extraor dinary mission from his Britannic hisjesty. The fee in the Lek began to brink op on the 4th or this 'north : but in the Waal at Nhneguern on the 3d, the seater had risen 32 Ipoltes slam the Ist of title math. . ' At Arnheim the Rhine bad risen 25 inches on the 3d. The ice has alto broken up at Cologne and Dordrecht. In general the ac counts of the stile of the rivers are satiefsetory. k'ss. 111.—The Prince Mean, Archbishop of lalines. Primate of Belgium, has published a pateral Letter relative to Mt °beer ' ranee of Lent. The Court of Assizes of Ghent yesterday sentenced to capital punishment J. B. Boddsert of Semmersocke, for having excited his eon Francis, a boy fourteen years of age, to set fire to the houses of two of his neighbours, in the same parish. The son was condemned to 12 years mai:mm=l for having committed this crime. FES. 10.—Two British cabinet messengers from St. Petersburgh passed through this city yesterday, on their way to London, with despatches. Sir J. Wylie, physician to the late Emperor Alexander, has ar rived at St. Peteraburgh, from Taganrog. HAGUE, FEB. 7. SECOND CHAMBER OF THE STATBS.OKNERA L. Among the seretal petitions presented to the Chamber was one from some merchants of Rotterdam. against the tariff of import and export duties. Reports were presented upon other petitions against the tariff, against the regulation of the Code of Commere relative to brokers, and of others in favour of the tariff: Some lace.manutacturers at Courtray request the interference or the Chamber to protect their manufactures, and to adopt measures of reprisal against the French tariff'. Mr. Canning, British Consul Oeneral at If smburgh. has given notice that the treaties with Brazil have not been ratified by his Maje.ty, and will not be till they have undergone considerable modiliestion.—B,iurth l'apers,lllls By the packet that arrived on Saturday we have re ceived Jamaica Papers to the 3tl January. Their contents are destitute of public interest. The rains in the island hare been incessant ; so much so as to have caused the roads to have been washed away for five . or six feet. The Papers notice a fracas that took place between two mem bers of the House of Assembly, which was so derogatory to the dignity of the Colonial Legislature, that the aggressor was ordered into the custody of the Sergeant at Arms, and by him committed to gaol. The opponents were Mr. BEAUMONT and Mr. GHIGNON, who it appears had a cause of quarrel, subsisting in consequence of Mr. Gans no tv, ' in no very measured terms, aspersing the character of Mr. Beaumont. for veracity, upon which the latter slapped Mr. G.'s face. Mr. BEAUMONT subsequently petitioned the House to be released from prison, expressed his regret for the outrage he bad committed, and by which he had violated its • privileges, and implored its leniency. Mr. B.'s petition was ordered to lie on the table, but it does not appear whether any order issued for bis liberation. The Jamaica Courier of the 2d January says, "the House of Assembly of Antigua has voted the sum of 300 guineas to be paid to Mr. /IPQuEEN, and a like sum to the editor of the Jolts Bair The momentous subject of the Currency, which events have at length forced upon the immediate consideration of Parliament, has for many years engaged the anxious thoughts of those persons who have devoted their attention to the commercial interests of the nation, and who have examined, in the spirit of philosophic investigation, those principles which lie at the foundation of political science. The subject could never have been brought before the Legislature at a period more favourable to its discussion, for Parliament never yet contained within its walls men, both in and out of Administration, so amply qualified to consider it in all its relations, or that are so well studied in those sound principles of mercantile policy which bear upon the various questions which it involves. Our present Ministers are men whose minds have imbibed their full share of that intelligetne which, within the last twenty or thirty years, has matured the intellectual condition of Europe, and which is gradually changing the face of nations. That the recent distress in the commercial world, and the existing difficulties which still continue to press hea vily upon it, may be traced, in a great degree, to that fa cility of obtaining credit which arose from the excessive issue of country bank paper, is everywhere admitted; and that the gradual extinction of one and two pound notes was a measure fundamentally essential to the restoration of any thing like a secure and solid currency. No axiom in Euclid is more demonstrably true than the assertion of Mr. HllbKissoN that these small notes will inevitably displace an equal amount of sovereigns; and that it was utterly im possible that a supply of gold, for the legitimate purposes of commerce, could be insured under the present system of provincial banking. That the remedial measures applied by Government may occasion some collateral embarrassment is a result to be expected. No distempered state of the body-politic, any more than of the natural body, can be cured without undergoing the suffering essential to the operation. But no evils arising from the reduction of the circulating paper can at all equal the mischief and misery that would arise from its continuance. When country bank notes can ne longer be procured at will, and new pa per cannot be discounted to take up the old, the loss to the speculators, and to the whole race of fictitious capitalists, must and will, be great, but the gain to the nation will be infinitely greater. This class of persons may suffer, but in the mean time the commonwealth is saved. The difficulty is, perhaps, in a great mercantile kingdom like our own, to determine what quantity of paper cur sassy the actual wants of commerce require, and what amount of the circulating medium it can usefully support. A certain extent of paper credit is essential to the carrying on of our trade, both domestic and foreign; and it would be a fatal error of judgment that should carry the reduc tion beyond what the general security and safety fairly justified. The amount of commercial paper which—in bills of exchange— enters into all the transactions of our commerce, both at home and abroad, seems not to be suf ficiently attended to, either in Parliament or out of it, in the discussions which have for their object the regulation of the paper currency. The whole attention of those who speak and write on this important suldect seems absorbed in the issue of Bank paper, and the influence of its excess on the price of commodities—the solidity of public dredit— and the preservation of metallic currency. The amount of this commercial paper, which has no basis its real capital, far exceeds the amount of the whole paper currency of every other description taken together; and it is here that the ultimate insolvency of the parties tends most to the convul sion of mercantile credit. Drawers, Acceptors, Indorsers, Discounters, every one from the first holder to the last Indorsee, are not only themselves involved, but involve all those whose solvency was thus made more or less to depend on them. It is in this channel of speculation that fraud has most room to work, and where, therefore, the confi dence of the unwary is most imposed upon. Against this evil no legislative enactments can wholly provide; it is only to be remedied by the wisdom obtained by experience; ' but much will be dune indirectly towards removing it, by the measures which Ministers are about to adopt, which, by restraining the haul of country bank notes, will cut of a great soaves of the 'apply by which this fraudu dent paper capital was fed, and which, in the way of dis count, assisted so materially b the success of all its disas trous sPoratiolis- • Nothing encourages speculation so ex tensively se ties hellfire/ borrowing, and nothing contri butes to this facility io much as the *dent system of country banking, iu which the transactions on - both sides • A 4 . • I are unreal, and where credit has nh Itounds but the avarice of the speculator. • The system of paper credit is undoubtedly better esta blished and carried to a greater extent in England than in any other country, and this is one of the strongest indica tions both .of the wealth and the integrity of her tradesmen and merchants, and bears the most honourable testimony to their known character in these respects, fur in what we have said above with regard to commercial paper, we mutt, of course, be understood as confining ourselves to accommoda tion bills, anti to that species of paper credit which is made more immediately subservient to purposes of specalation. q exchange, whatever portion they may contribute to the augmentation of the paper currency, are indispensable to the transactions of commerce; it is true they are a sub stitute for the precious metals, but they are a valuable sub stitute, and one which, however greatly it rosy be affteted by the convulsions of public credit, is no way concerned with the valid objections which apply to country bank paper. If bank notes of every kind were annihilated to-mor row, and replaced by a metallic currency, this species of paper currency would still exist, and exist with all its ad vantages. _ _ We shall postpone our further observations till after the debate of this evening, whie;i will put us more fully in possession of the views of Government as to the arrange ment of those conflicting interests of paper and specie which at present remain to be adjusted. CITY, SATURDAY EVENING. We have rarely witnessed such a scene of agitation as took place on the Stock Exchanges on Saturday. The anxiety had been very great during the week, but it was materially increased on Saturday, and a depression of more than 1 per cent. took place on the closing prices of Friday. As early as nine o'clock, a great number of speculators bad assembled, in order toaseertain the impression made by the speech delivered by Mr. Robinson ; but Consols both for Money and Account opened at the same quotations at which they left off on the preceding day, but they were scarcely maintained fora moment, Consols for Account declining ra pidly ;rein 7714 to 77, while Consols for Money fell front 771 to 7fil, and at this reduction the dealers showed little inclination to realize. Before 12 o'clock Consols were to be obtained at 761 t, for Money at 76k. The gloom was much increased by minor sales made by those who had, since the conneencement of the Aecount, exerted them selves to the utmost to check the operations of the great body of dealers; according to report, Stock was thrown on the market, between II and 12 o'clock, to the extent of more than one million sterling. On Consols for Account receding to 74 it seemed to have been deemed necessary to make another effort to produce a rally, and this effort was more successful than heretofore, so that by two o'clock Consols for Account recovered to 774, but afterwards fell, though not rapidly, and by four o'clock time nearest quota tion was 76i. The dealers continued their speculations in private bargains until five o'clock, when Consols for Account left off at 794. The new Account for April was partially opened on Wednesday last, and the continuation front one Account to the other amounted to about per cent., owing to the very extensive fluctuations in the Funds yesterday, though dealers con lined their operations exclusively to the February Account, and it is not likely, unless the market becomes more tranquil, that any transactions will be entered into beyond the next settling day. In the Three and a Ilalf per Cents., the Four per Cents., and Bank Long Annuities, a great deal of speculation has also been entered into, an d they have been much depressed. The Four per Cents., which left off yesterday at 94, were sold currently at 93, while the Three and a Ifalf per Cents. Reduced were done at SS. There having been within, the last day or two so heavy a depression in Bank Stock, it has not been sold lower titan yesterday, when it was depressed to 1974 ; a few bargains have, indeed, been made a shade higher. The great demand for Money in the City has led to some large sales of Exchequer Bills, which have been dont. at .Ss. discount, while the discount on India Bonds has been increased to Lis. There has been a most rapid decline in the Foreign Market; that in the Transatlantic Securities has amounted generally to about 7 per cent.; Mexican Bonds have fallen from 60i to 55; the New Mexican from 66j to 594; Old Colombian from 691 to 56, 1 2 ; and the New Colombian from 59 to 514. In Chilian Bonds there has been much less doing, but still they were front 8 to 9 per cent. below what was given for them last week. Peruvian Bonds con tinue to be more out of repute than any of the other Re publican Securities, and although yielding a nominal in terest of 6 per cent. per annum might have been obtainetl, during the panic yesterday, at 31.. No further intelligence has been received which is likely to affect the prices of either Brazil or Buenos Ayres Bonds, hut they hay; fallen from 68 to SO, while Buenos Ayres are nominally about 6 per cent. lower than in the early part of the week. While every other description of Foreign Stock has conti nued to fall, there has been a re-action of more than 3 per cent. in Greek Bonds, which have risen front 144 to This has been entirely the effect of the statement which has been put forth in a positive manner, of the Duke of %VeL L►NGTON having proceeded to Russia to enter upon impor tant negotiations for the recognition of the independence of Greece. The French Funds have been partakers of the panic with which our own have been affected, the Rentes closing this afternoon at 97 2.5, and 3 per Cents. at 63, and are from two to three per cent, under the current quotations on Thursday afternoon, at Pads, as communicated by the expresses last received from thence. When the other Markets are in so feverish a state, it is scarcely necessary to add that Shares arc without pur chasers. Saturday evening arrived the Hope, private trader, Capt. Flint, from Madras, which presidency she left on the 9th of October. The latest information from our forces at Rangoon and Arracan comes down to the end of September, at which time operations had not recommenced. The sick ness at Arracan still prevailed, but our troops at Rangoon were much more healthy. It does not appear that we have made any sensible imprevion on the Burt/Jails—we only pos sess the ground our armies cover, and all around goes on the same as ever. Wherever we• move we arc paramount, but armed parties immediately close upon our rear. A strong reconnoitring party was lately sent front Prome, to ascertain if a force was oollecting in advanx of them; and it was found that many thousands were assembled together, and had stockade(' themselves. They fired upon our advance, who immediately retreated, having obtained the information they wanted. The 45th King's Reg'. ment, and the Ist and nel Madras Native •Infantri ; were embarked at Madras for Rangoon; the 69th King s Regi ment was embarked in the Malcomb, for England; Gen. Sewell was also coming home in the same ship. Lord Combermere bad not arrived out. The passengers by the Hope are, Lady Gray and four children, Colonel and -Mrs. Webster. Capt. and Mrs. Crewe, Mr. and. Mrs. Coates, Colonel Cleveland, Captain Knox, 45th, Lientenauts Scott, Manton, Justice, Company's Service Lieut. Ellis, 13thl King's Dragoons, Misses Wallis, Belli, and Godfrey, Mr. Jackson, R.N. The )lope left the Cape of Good Hope on the 4th, and St. Helena on the 16th of December. The Rockingham from Calcutta, was to l eave th e C a p e on t h e 6th December, for England.—Hompshire 7'elegreph. We have reason to believe that some, change will soon take place in the road which the mail-coach takes from London to Glasgow. We have heard that it is intended again to send the London mail by the road of Burrough bridge. On this road, continued at the present speed, we should have It here nearly two hours earlier, as the road is IS or 19 miles shorter than the road by Manchester. Should the plan he adopted, we shall probably have a mail A from London in the morning, and adi et one at s o meot h er hour of the (lay, to and fr om M a tester or Liverpool, with a branch mall from Preston to ose towns.—Glargate Courier. . The Senatus Academicus of the University of Edinburgh have conferred the degree of A.M. on the follo►ving gen tlemen, viz.-Nicol Stenhouse, Alexamler Wallace, ut►d William I.2ach.—Caledonian Mercury. ~;~~ . PCETILORAMA. The increasing skill of our artists enables us to enjo a n those classic scenes which interest the traveller and the man of science, without journeying half a mile from our own fireside; and so far is it from being trite that there is " nothing new under the sun," that we are perpetnaHy feasted with novelties, and every succeeding day presents some fresh attraction. The present interesting exhibition is an improvement on the Cosmorama. The views are Well selected, and are given with admirable effect. They can. sist of the city of Turin ; Holy Island, with a shipwreck • ' the exterior and interior of the Castle of Chillon, to which the poem of Lord 13yron has given so much celebrity ; London in 1590; Netley Abbey ; and the city of Rouen. The room was so crowded as to afford us but little °pp m . tunity of giving each of them its fair share of examination ; but what we did see delighted us, and we found our feel ings compl,tely in unison with the rest of the visitants. The rising of the moon over the romantic ruin of Ni-ti cy Abbey, and the beautiful effect of the light, is admirably managed ; i; seems manifestly intended as a competitb, l with tie Diorama, and is done with a spirit of rivalship, which, for its ingenuity, deserves the highest praise. COY EN T-G.-IRDEN 771E4771E. A new play in five acts, entitled the French Libertine, was produced for the first time at this theatre on Saturday evening. The hero of the piece (Mr. Kends's) is a cerain. Duke de kontremont, who, as the title sufficiently is hiyincilde in love and war. having run his course of gallantry among the ladies of the dissolute Court of the Resent Duke of Orleans, he has just passed with eclat through a campaign, when he is introduced to the audience "covered with glory." He is of course involved In an ei.d less series of intrigues, but that which chiefly, we believe we may say almost exclusively, occupies him when the au dience heentne acquainted with him, is an affair he ha. on hand with the wife of a poor but respectal•le citizen named Dorian!. this lady he has contrived s•dhehow to form an intimacy, and lie is determined, seton les reeks, to chase her to destruction. He makes love to her in the name and under the disguise of his gentleman Lamott e . She is fascinated, and knows not how either to put a period to his persecutor herself, or to expose him to her husband, The "gallant gay Lothario,' however, is naturally not without his embarrassments. His quondam favourite, the Countess de Fleury (Mrs. Chatterley) suspects his designs, and is resolves' to frustrate them. The Duke's secretary, Dran o ' s (Warde), is the particular friend of Derieal (Cooper), and has the highest opinion of the chastity of his wife. Dubois is besides a remarkably cynical personage, con sidering that he is in the service of the profligate whose sentiments lie undertakes to express. Jfadume Doricul (Mrs. Simnel)) endeavours in vain to disentangle herself from the net which her seducer spreads over her. Slie sends back his letters, and refuses him any opportunity of pleading his spit in person. In order that he may gain the advantage of the latter course, he fixes an evening to sup with lit r husband in his disguise, and she, to avoid him; declares le r intention to go abroad to a relation in another part of the city. As our readers who are versed in these • matters have already foreseen, the Duke bribes all the coachmen on the stand, and has her driven, without her knowledge, to his house. There she is found by the Countess de Fleury, who had previously met the Duke in his disguise at Dorivars, but had been, by his entreaties, induced to refrain from betraying him. Madame Do? h a l is saved limn the intended violence of the Duke, who leaves her with the Countess, to hasten to Court, fur the purpose of receiving the appointment to a vacant Embassy. Dubois arrives with some intelligence re lative to the diplomatic mission, and is left by the Countess, who pities the agony of Madame Defied, to release her from the Duke's house. Dubeis recognises the wife of his friend, and she, on being discover e d, s i n k s under the weight of shame and supposed dishonour. She is restored to her husband only to die in his arms. The Duke, as Lamotte, is present, and would be sacrificed to the just vengeance of the husband, but the pistol is caught by his expiring wife, who dies the victim of her overwrought sensibility. Dubois reads his Grace some streng l essons as eo the effects of his licentiousness. The Duke exclaims, "Oh horror!" and the curtain drops abruptly. Kemble 1 1 played the profligate with great spirit, and certainly made the most of a finished specimen of those heartless villains who for the amusement of an hour sacrifice the happiness of many lives. Warde was not blameable for the entire failure of the part of Dubois. He did as much as the au thor would permit hiss to do, The character was feebly conceives', and still more feebly drawn. The only good pant in Dorival was his attempt to shoot the libertine, but this was marred by the author, who, contrary to every • principle of poetical justice, suffered the spoiler to go free, and inflicted misery only on the innocent. The play. . was saved by the excellent acting of the last scene, espe t idly that of Mrs. Sloman. It was impossible to witness her death without emotion. The whole house was wrap ped in silent anti mournful admiration. While the au dience were yet venting their applause, the piece • was announced for repetition, anti the triumph of the actress was mistaken for the success of the au thor. We ought not to omit saying that the piece was got up with witch splendor. The scenes in the second and fourth act were laid in the Duke's house, and they were the most magnificent of the kind we ever recollect to have seen. Fur the first time, we believe, the experiment was teed of covering the stage with the re semblance of carps t'ng. It was perfectly successful, and added vastly to the richness of the coup jell. The part of the real Lamotte was to have been sustained by Power. A more diagustieg failure we never witnessed. Every scene in which he appeared was absolutely intolerable for his sake alone. This phis e- las talent : why does he out rage the forbearance of the audience? His rank Irish brogue merely ought, if lie will not divest himself of it, to drive him from the stage. The play will probably be per- I formed a few nights, but we fear not long enough to com pensate the great sum laid out upon its production. WINDSOR, SUNDAY7Fii:l2.—:llivine service was per formed this morning by the Rev. Dr. Sumner, in the chapel attached to the Royal Lodge. Saturday Prince Leopold left his seat at Claremont, on a visit to the Duchess of Kent, at her Royal Highness's re sidence, in the King's Palace at Kensington, where his Royal Highness dined, and afterwards honoured the Italian Opera with his present.:. The Lord Chancellor was a great deal better yesterday. In fact, the Noble and Learned Lord, we are happy to say, was considered in such an advanced state towards recovery, that if the Noble Earl continuer in the same state this day it is expected he will be able to leave his house. _ . Yesterday afternoon the Earl of Liverpoig had an inter view with Mr. Secretary Canning for about an hour. Mr. Secretary Canning left Downing-street on Saturday Morning, on a visit to the King, at Windsor. Earl Bathurst and Mr. Linder-.Secretary Hay are now on a visit to the Earl of Mansfield, at the Noble Borl'i, • neat, Caen Wood, where they have been since Friday night. On Saturday, at one o'clock, a meeting of the Pri%y Council was held at the Council Office, which was attended by the Earl of Harrowby, the Lord President, Lord Gifford, Lord Colchester, Lord Bexley, the Right Hon. Sir John Nicholl, and the Right Hon. Sturges Bourne. Mr. Draffen, the King's Messenger, was sent off on Fri day night from the Colonial Office, with despatches from Earl Bathurst to Sir F. Adam, the Lord High Commis sioner of the lonian Islands. The Marquis and Marchioness of Hastings, the three Ladies Hastings (their daughters), with Colonel M'Crea, Military Secretary, embarked on Saturday afternoon in his Majesty's yacht the Herald, C a pt. H enr y J. L ee k e, atten d e d with honorary salutes, and sailed at daylight on Sunday for Malta, there being a fine breeze from the S.E.—lfuetr shire Televraple. Saturday morning Rear-Admiral Vm. Hall Gage, sailed in the IVarspite, 74, Capt. W. P. Carroll. C.B. to assume the command in the East Indies. The Warspite was de tained three days by damaging her capstan whilst weigh ing her anchor. The Volage, 28, Hon. Capt. It. S. Dun dee, accompanied the Wurspite to the East India station, but it is supposed she will ultimately he attached to the squadron in the Pacific. Commodore Sir James Brisbane will remove from the East India command to that in the Pacific, in the IVarspitc. Rear-Admiral Gage will bit his flag to the Boadicea frigate until the arrival of the Java, now fitting at Plymouth. The Warepite ansl will touch at WO.-11 aunts/tit e Telegraph. I f