The British Press; or, Morning Literary Advertiser. — London, England, 1826-01-26 00:00:00

piticgc OF FOREIUN itr.tailosa Bonds GA ',aeons A yres Bonds 704 Cadmus Bonds 69 (18kanhain Bonds :Okra Bonds 41821)894j 9 1 Mita A ect.s9e GO 6943 3 9 4 banish Ronds ow" 604 641 Mitre Acct. 604 Yersch Routes 5 per C 4. 108 f. 2k. Raehange 261 Isc. 'teach kentes 3 per et. 68f. 60f. Exchange 2Z.f. lk. STOCKS YESTERDAY. Cheek Rontis(lll2s) Ditto Acct. 141: 15 Uusdalajva Bonds $0 illexicAu Boa& Ditto Bonds (18251.7 i i i 1 71 Ditto Acct. 074 1'1 4474 4 Peruvian Bonds 43 t Portuguese Bonds 74 Russian Bonds 054 y 5 , Ditto Acct. 1151 .1 5 Spanish Bonds 11 13 12. i I PRICE - 6 OF tIHAILLS I'EbTEIII).I . Za. Share. Paid. Pretniaal per Share. Angls-21exican rastellod.Napiritosanto Brazil 100 b 1 dis ilattieu lOO t 2 4 die Paatn-Peru vian Rotas' I,a Paz Lk Peruvian Ass B4 6 2 di; •Royal Stannary Brit. Mining 7 4 4dia United Mexican Artlaki boo and Coal 26 211 44 Si 11‘111117114XCI C0111..01116. Protector Tire tt N 2 dL .la6X RAILWAY/. /Immingham and Liverpool „. /10 3 j dis pot astgcsaantons. British Iron IN 26 II dis 'British, Irish, k Colonlai bilk 60 2 idis General tzteam Navigation lOO 6 1 j Jis hold ('out Association ' 110 6 I Jim Honduras Imperial Plata Ohm 1•11 2 par Mexican Provincial Bank of Inland lOO 10 3 dia :ltt SWUM alroSS. DRURY-LANK TREATHP. Thiellroning, THURSDAY. Jaa.l6. writt be performed the Comedy of THE MERRY WI% LS OF KINI)S011. Slr Juba Falstaff. Mr. Dowton: Master Slender, Mr. Hark.) I Ford, MrMlllack. Mrs. Fage. Miss Graddoa ; Mrs. ford, Miss Stephens. To eoneinde with the Pantomime Nt MdeILIMUIN. al`IC OP ALI. 'TRADE!. Marimala, Mr. llowell t Pantaloon, Mr. T. Blanchard; Clown, Mr. T. 'rowel ; Columbine. Muse Hartsell. To-morrow, The Lord of the Manor IM the Pantomime. COVIINi'-GARDEN 711-F:ATRE. T I vivant. TH UR SDA V. Jan 25, w 111 be performed the Comedy of THE SCHOtH. rof 411 r Peter Towle, Fatten Mr. ',meet: Mr Benjamin Backbit*. Mr. June.; Joseph Stir/See. Mr. Cowper: 'Sallee Surface, Mr. C. lemble; Crabtree. Mr. Blanchard; 'owes. Mr. Earley. Lady Teazle, MI Chester; Mr.. Candour, Mrs. 010b*. After which the new Comic Ballet of THE HUNCII•BACEED BROTHERS 0! lIAGDAT. -- • • - •• The principal Characters by Mews Austin. Hamm Heath, Ham and Collett ; Signor Namara; Miss Homer. aDa blra‘eßY. To conelude with the Pantomime of HARLEQUIN AND THE HADICK Mull; Or. !Neu Y AND THE BEAST. Harlequin, Mr. filar: Pantaloon. Hr. Barnes; Clown, Mr. J. S. Grimaldi: Columbine. Mee Romer. To-Morrow, Venice Preserved; and the Pantomime. The Bal2les Passe commenced publishing yesterday 'Dosing se dye o'clock. LONDON, TIIURSDAY, JANUARY 26, 1821. The Paris Papers which arrived last night inform us that the army of Mohilow has taken the oath of allegiance to the Emperor NICHOLAS. The appanage of the Grand Duke CONSTANTINE, it is suggested, will be increased, though that Prince has stipulated for no private advantage in adhering to his former resignation of the throne. The advice, from Vienna repeat the old and absurd calumny, that England is aiming to arrogate to herself a kind of supremacy or protectorship over Greece, and therefore that the British Government is endeavouring to frustrate the negotiations now pending between the Divan and the Greeks. The extreme folly of this imputation renders it below any serious notice. (From the Ensile. dated Tuesday. Jan. 24.1 We find the following details in private letters published In some German Papers • ht. Petersburgh now enjoys the greatest tranquillity, and the most satisfactory accounts had been received from the Southern Governments, where the corps had at first received with enthusiasm the proclamation of the Casrowitach. It is for history to do justice to the generous contention between the two ►rothers. Passions and party spirit are now too easily ex cited. Prince William, the second son of the King of Prussia, who is sent to St. Petersburgh to compliment the Emperor, will }Ns through Warsaw ; the Envoy of Saxony will take the same way; those of the other Posers will do the same. This mode of proceeding carrot fail to flatter the Grand Duke l'onstantine, who .has just taken the oath from the Polish army, which he is still to eneamaad. As he has rot reserved to himself any advantage by his renunciation, it Is probable that his appanage, which is said to natoaut to no more than two millions of rubles in paper, wt;l not be sufficient to gratify Ins inclination to beneficence. Forty officers who have been arrested are now confined in the fortress of St. Petenburgh ; they are all young men, some of them be t *aging to distinguished families. " Its shall live," wrote the Em. Fero, himself to the wife of Prince Troubetakoy, who had in vain sought refuge in the house of a foreiga Ambassador, his brother. 1: , -law—" he shall live since be is so fond is' life." It is said that at St. Petersburgb the intriguers wished to make the soldien cry, " Constantine for ever ! the Constitution forever!" sui as the soldiers, not snowing what the Constitution was, showed some opposition, the intriguers, taken unawares, answered that it was the wife of Constantine; then the deeeivededdiers cried "Con stantine for ever ! Constitution for ever!" His Imperial Highness the Archduke Ferdinand of Este, set Out fur Vienna on the 11th, on his mission to St. l'etersburgh. The Grand Duke Mecklenburg Schwerin, and the Magnet Leopold of Baden, have also set out for St. Petersburgh. The Margrare will also go to Taganrog, to express to the Em. peas Dowager the interest taken in her just afilictioa by the whole (stand Ducal family. of which she is a member. This sentiment is participated by all sensible hearts, not only on account of the ermines& of the loss which her Imperial Majesty hue sustained, but also on account of her exemplary and heroic s.u.duct und2r it_ _ The hig accounts from Odessa announce that there are hopes of preserving the Empress Elisabeth. Petits. JAW. 23. An English Bironet has been tried by the Tribunal of Correc t:anal Police fur swindling. Last August he called on M. Michaud, carriage and harness iTAke.', rue 111011stilliftre, to purchase a hand some carriage, to which he meant to put two fine horses that he had just bought. Th: Bargain being concluded, he gave a check u Al. Delessen, his pretended banker; but M. 3lichaud having resented his check for payment, found that he had been cheated. rite Cot:rt sentenced the Baronet to a year's imprisonment, to pay • Roe of 30Oti francs-2350 francs fie the price of the carriage, and 7GI Imes damajes. From the Moniteur of Monday.] VIENNA, JAY. 9. After noticing the mission of Turkish Negotiators to the head. quarters of Ibrahim Paella, to endeavour to make some arrange ment with the Greeks, it is added :—" It is affirmed, however, that England and its agents endeavour to paralyse these negoti. and thu the liniish Government wished to arrogate to treJf a kind of supremacy over Greece. This disposition of 1 .sKland has not a little contributed to the measure which the Porte has Ju.t adopted ; for, notwithstanding all the friendly declarations of the English Charge d'Affaires, it still fears the British protectorate of the Greeks, and is persuaded that the efforts of the Cabinet of London tend to this object ; it believes also that tne mission of Al. Stratford Canning has the same object. PARIS, JAN. 22. News from St. Pstersburgh of the 6th has beer; received at Park. Tt.e oath had been tam at 51ohilow to the Emperor [From the Jorrnal des Deter of Mondny.l l'Ast to. J•w. 22. The news from Russia is not yet altogether satisfaitory. That from St. Peteraburgh teaches down to the fhb of January. The Army de Wittgenstein has taken the oaths to the Emperor, Nicholas. An tothentie letter informs as that Prince lApnuchkin and amen Michael Orloff, brother of the one who charged at the head of toe guard upon the multitude, have been arrested and conducted to the fortress. A great number of individuals of both daises have area been arrested. The Angilwglt Cavite mentions one Dolgorottehy and Do. midair among More who have bean recently arrested. The Carhrtihe Gamete. in an article which appears to be official, be or s that a plot was in agitation. as extensive ae it was dreadful, whir,: had fur its object the assassination of Alexander, and a change in the tiovernment. The plan had been lung concerted, sod wee to have been executed in the month of March, had not the interregnum appeared a favourable moment. A very detailed eepo - t Is given of the military movements which took plate on the unfortunate '26th December. l''e following important circumstances have hitherto been on. krown •—`• The charge of the horse-guards had very little effect, on account of the adrantapous partition which the rebels had c'insco. They even &held the tiro discharge of Corr pieces of ar.tilery, which hail been directed against them. The ovond ditcheir disaerse,l them. Thq, cavalry pursued them as frir as WienalPftlatrow, an island along the English quay. It 'was oat till they reached Oalley.street that their retreat was cat off, and ;r0I:of them taken prisoners. Other, saved ibemseltes by ,tossing the frozen Neva." The Report then proceeds to enumerate and describe the portion of thi different bodies of troops which bivouacked in the town during the night of the 2ffih, with twenty-eight pieces of cannon . Two squadrons of hussars and hulans have been sent different 1 roads to pursue those rebels that have fled. The multitude who joined the rebel troops shouted " The Grand I Duke Nicholas for ever, but Constantine our Emperor :" It is believed that the conspirators reckoned upon the bad disposition of the Russian people and military, which had Already been manifested before the death of Alexander. The army was tired of inactivity, and the people complained of the ruinous system of military coionies. It is demonstrated and evolved in the last report of General Araktscheief, that the colonized regiments cost much more than the or dinary provision for them t and that a military life, instead of spreading industry and information, tenders, the mass of the pea santry idle, and spreads misary in the districts of the colonies; also that the masury is exhausted by the expencss of the establishment, whilst the nobility and peasantry unanimously curse the inneva. tion. The penury of the Russian Government is extreme, and commerce is every where in a state of stagnstion. This last cir cumstance is officially avowed. with resp.:ct to tile south of Russia, in a recent ordinance of the council of ministers. Far act' wns-.-P•nts. J•x. 23.—li•e per Cents. 08f. 95c. Three per Cents.€4l4. bc. ; Bank Stock ; Hence de Naples, Certif k'alconnet 78f. lioe. ; Haytian 1, an LOC Exchange on Landon, one month 23f. 11.1 c. ; tbrec months 24t. 93c.—Coars Au. Pleat/yet% Whatever may have been the causes which in the com mercial world have led such numbers to trade on a scale far beyond the limit of their actual means, our great con cern is to guard against their recurrence, and for this pur pose every investigation conducted with candour is interest ing and useful, and every precaution suggested in the same spirit deserves to be received with favour and considered with attention. It is in this view that we recommend to general perusal a letter just published, addressed to the Right lion. Itonewi Nee, " Upon the necessity of adopt ing some Antsliumentary measure to control the issues of the Country Bankers, Sc." If we differ in some points from the writer, there are many more in which we fully concur with him ; lie displays throughout the whole of his dis cussion a knowledge of his subject which entitles his sug gestions to considerable weight. The following are " The heads of a Bill," which form the basis of the measure he recommends to the adoption of Parliament, taking the Small Note Bill of Lord lic r.Ly as his basis : " I would propose the following modifica:ions of the Bill Tatra , duced by Lord Bexley. I. I would confine the security to notes under the amount of live pounds. Fur these notes, I certainly should not require exclu sively the deposit of stock or Exchequer bills ; nor should I think it necessary that the notes should have the character of being stock notes. I neither recommend land notes nor stock notes. lam afraid of the precedent. 1 would have the notes in question issued indeed upon the collateral guarantee of a fund, but I would nut wish them to be the representative of such fund. I Would, there fore, propose this qualification: That a banker, desirous to issue one or two pound notes, should give a security of the following kind. Supposing he wished to Issue note. of this description to the amount of 20,01.101., I would permit him to give, indifferently, a real security ; a chattel security, in the nature of realty ; or a se curity by his own bond and sureties., and rot excluding (but leav ing him u choice to make a deposit of) Exchequer bills, and stock. I would not limit him to any particular security, but permit him to otter any which would satisfy the Commissioners appointed to fudge of it. 2. instead of the Commissioners of the Sinking Fund, as pro posed in Lord Bexley's bill, I would transfer the management of the detail of this business, such as determining upon the securities to be taken ; upon their value and sufficiency ; the giving of the certificate to the Stamp.office ; and the putting the securities in torte, in case of default, to another body of commissioners, who, as I humbly think, are better adapted, both by experience and their particular composition as a board, to execute the urposes of the proposed act; I mean, Sir, to the Commissioners f or issuing Ex chtquer bills in loan, as aids for public works, &c. It is well known, that this board is permitted by several Acts of Parliament to make loans upon real securities, chattel securities, or the bond of the principal with sureties, and even, in some cases, on the mere personal obligation of the bortower. " 3. Supposing this charge committed to the board above named, I would propose that they should proceed upon the following Km ' ciples. It' a real security were offered of the due amount, I should consider it sufficient without any thing else. It might be assigned to the Commissioners, by way of security, in the manner in which heritable estates in Scotland were directed to be assigned under the Act of the 51 (ico. 111. which was an Act passed during the corn , inertial distresses of 1811, toe enabling Commissioners appointed by the crown to advance 4,000,0001. to the merchants and meiotic turers of the United Kingdom, upon deposits, pledges of goods, public securities, bills of exchange, &c. " 4. If long leasehold securities were proposed of an adequate value, 1 should deem these also sufficient. "5. If the banker had no real estate, either sufficient, or such as to to be made legally available for such pledge, from the circumstance of family settlements, prior mortgage, &c. I would empower the Commissioners to take a personal security by bond, and sureties in double the amount. _. _ 6. ti And lastly. I would permit, as above said, the deposit of stock, Exchequer bills, India bonds, or other available securities of a public nature..—And where such securities were of a fluctuating value, I would leave it to the Commissioners to make what they deemed an average reduction of the amount for which they should be considered to be pledged:—tor example, deducting from the price of stock at the day of the deposit, 10 or 13 per cent., and em powering the Commissioners, in the case of a further depre.„..ion, to call upon the banker for a renewal and enlargement of his security." • • We confess it does appear to us that this plan would en counter more difficulties in carrying it practically into ef fect than appear to have occurred to the mind of the writer; but as there is, perhaps, no measure that could offer itself for the like purpose which would not be opposed by similar impediments, we do not consider this as creating any strong ground of objection to it. With reference to the interests of trade generally, we consider all legislative interference as productive of evil ; but country banks do not come within this objection ; the afflictive consequences which have more than once been produced by an improvident issue of • their paper, require that some pledge should be given tha t commercial credit shall not be again exposed to the same derangement. IVhat the nature of that pledge shall be, and in what manner it can be rendered effectual, arc points of very difficult adjustment. Whether the GUI experience of the past will operate as a sufficient lesson fur the future is what, beforehand, we cannot undertake to pronounce ; but we should not be inclined to call in parliamentary aid until the country system of banking was itself put upon a more secure basis, as iu Scotland, and the issue of small sales prohibited, which this writer seems willing, under certain conditions, to allow. 'We consider the diminution of the coin to be exposed to more danger from this latter cause than from any other, because it has a perpetual ten dency to displace it. The repeal of the Small Note Act seems to be a measure most imperiously called for. The restriction on cash payments rendered the issue of small notes indispensable, but tlteit issue should have ceased he instant cash payments were returned. The following are the writer's opinions on tlte subject of free trade : "With respect to the new system of Free Trade. I have no doubt. as I have before stated, that the facilities afforded by it have been pushed beyond what prudence win justify. But the abuse of a system a nn argument against its proper and natural character. A System is good or had, according to its natural fruits, under a wise and discreet exercise, did is not to brae the faults of that mesa and abuse which belong only to the errors of those who pervert it. But in what branch of our trade shall we look for that degree of abuse from excessive and extravagant speculation, which can properly be charged upon the new system of free trade ? I readily admit that there have been aortic most absurd and enormous ventures in articles of foreign and colonial commerce. I merely assert, that the aubjects of such speculations have little or any con nexion with the new system which has been principally ascribed to 111 r. Huakissim. What had this free trade system to do with the excessive imports of cotton in the early part of the last year? " The free trade system during the last year has operated prin cipally upon silkr and wine. In silk. there has certainly been some excess, but not to that extent which could have any material operation in producing the late events. It is perhaps to be regretted, that our manufacturers have born induced, under any eircumstat. (Ts, to embark in a fabric, in which the natural and almost moral cir. ettrustances of our country render us unequal competitors with foreigners. But the distress in the ripe ro sat Adu r e h as not b een occasioned by any natural consequence tit the late measures of the THE BRITISH PRESS. 'inisters; inasmuch as it has preceded the operations of these measures nearly sine months. Government have acted with great caution, and a mon liberal consiecration in the ;eduction of the duties. Repayments were made, and indulgencies granted, so as twitdiltirt the intended measure to the actual state of the trade when the allowances were given, and to its probable coondltion when the new law should operate; and it WM fully understood and stated by many of the leading manufacturers, that when the new system should come into operation, the trade would he prepared and com petent to bear It. But the manufacturers, from an imprudent eagerness to supply and anticipate the market before the com mencement of the new dude'', have in fact filled it to a glo ., and the price lots fallen In proportion to the excess of the supp l y he. yond the present demand. In order to supply the materials of this ruonufacture, the capitalists in this trade have been equally curs. vagant in their importation of raw oaks, and have thus run into a double excess,--an excess in the domestic manufacture, and in the import of the raw material. " As to the elms in the import of wine, no one has heanl any complaint upon this subject—A third article, which is affected by the free trade, hemp, has certainly nut been imported in any mis chievous excess. But it is almost exclusively in these three Sr. tides that the tree trade system has operated within the last twelve months." There is a fallacy in the assertion that the distress of the silk manufacturer is not to be ascribed to the Act passed for the introduction of foreign silk goods on the sth July next, " inasmuch as it preceded the operation of this mea sure nearly nine months." It Inuit be manifest to every one—and we can hardly believe it can actually have escaptal the present writer—that the stagnation of the Silk Trade has been occasioned by the impossibility on the part of the British manufacturer to contend against the foreigner, who, in spite of the protective duty, will outrival him in the market. The silk-mercers, on their part, abstained many months ago from buying, because they were satisfied that the . for riga sill.•s would lair brought in at a lower vice than they could offer the goods of oar own manufacture, and that, consequently, they should have no sale for them. The ma inductut ers, it is obvious, ceased to give out silk to their workmen, when there was no prospect of their being able to dispose of their stock already on hand, and this situation of things it was that led to the present deplorable state of distress which the silk districts exhibit. This distress is therefore improperly said to " haie preceded the operation (f• this measure," which removed the restriction after the sth of July next, since it arose out of the actual operation off• it, and only preceded the periodfired for Mc commencement of the :let. CITV, WEDNESDAY EVENING. The City, this morning, was without reports, and conse quently the Funds were steady, for exactly in the same proportion that rumours are scarce confidence increases. There was not a single foreign mail arrived this morning, and that circumstance increased the general tranquillity on the Stock Exchanges, as it prevented agitators from ope rating effectually. Consols opened at to for the account, and afterwards reached 81 ; but they did not maintain that price to the conclusion of the Market, although at one period they had a very firm appearance; the closing quo tation, however, was 801 1. Exchequer Bills were Is. premium to Is. • The transactions in Foreign Securities were extremely limited, but the general complexion of the Market showed firmness. Colombian Bonds were 591; Mexican 6 per tents, fit to 1 ; Russian Bonds, 84/ 5 ; Greek ditto, 144 15 ; and Spanish ditto, 13. Money was plentiful in the Stock Exchanges, but in other quarters it was by no means easy. In Shares there was nothing doing. It was a holiday at the Hank today. The Colonial Market continues depressed, and the salts of Graiu iu Mark-lane were dull. It is understood that the Session of Parliament will be opened by Commission, as it does net appear that any pre parations have been made for his Majesty's going in state this day se'nnight to the House of Peers. An essayist in a contemporary print, desirous of mani festing his intimate knowledge of Russian Collet now., ohcerves gravely Tlre years ago it wan no secret that Constantine hail, at the period of his second marriage. renounced formally his right of succession to the throne." And to complete the absurdity, by a display of uncommon sagacity, he adds—" In Isll, here, in London, we heard the whole story from the lips of a Russian of high rank, who, when telling it, stood not four yards from Alexander's person. When asked what would be the consequences of Constantine's refusing to carry the com pact into execution, he answered—the Russian trial by Jury—emphatically adjusting hie neckcloth as he said the words." It happt us unfortunately for the correctness of this anecdote, that the event respecting which the pre tended conversation was held in Ist 1, did not take place till six years afterwards, viz. 18'20! The facts are, that the Grand Duke Constantine's marriage with the Princess of Saxe Coburg was dissolved by an Imperial Ukase, dated April 2, - 1820 ; and about seven weeks afterwards, on thestlth of May, of the same year, his second marriage was duly solemniaed with Miss Gruch:inski, who was pre viously created Princess Lovitch. The Berk.* State Gazelle contains a new version of the events which took place at St. Petersburg!' on the 26t1) ult. It appears from this account, that the populace, who united with the rebels, had been gained over by the distribution of money and brandy. The mutineers were repeatedly summoned to surrender, before the Emperor determined to bring against them four pieces of artillery. They were all dispersed by the second discharge, and an onset of cavalry completely cleared the ground. A division of the Finland regiment, forming the guard of the Palace of the Senate, remained under arms during the whole time, though they were surrounded by the rebels ; but their fidelity was not to be shaken either by the menaces or the entreaties that were employed. The regiment of Leib-grenadiers, one portion of which had been seduced into the revolt, had heen, as well as the marines of the Guard, deprived of their colours; but they were restored to them on the fol lowing day at the review, in consequence of the solicita tions of the Grand Duke Michael, and after they had been consecrated anew. The same coarse was adopted towards the Moscow regiment, two companies of which bad corn menced the revolt. We have received Newfoundland Papers to the slfith ult. The law passed in England lost Session of Parliament, for the better administration of justice in NewtOundland, had been received, and had been proclaimed by his Excellency the Governor, Cochrane. It appeared to have given great satisfaction to the colonists. We learn that John Gladstone, Esq. of this town, M. P. has formed a connexion with Messrs. Turner, of Glouces ter, and is to become the leading partner in a bank at that place.—Liverpool Advertiser. LONDON BOOKSELLF.ItS.—Much is said by our con temporaries on the " general distress which prevails among the booksellers," while, in truth, there is no real ground fur this invidious lamentation. The consequences of over-trading have occasioned failures to several indivi duals in ]his as in some other branches of commerce; but the great body of established booksellers were never more solvent than at this moment, nor ever stood in higher credit than they have done during the whole of the late' troubles. In proof of this, the 11°01E9E1.1E1LS . Cie n, which is held at the .4/bioa, and consists of the oldest and most respectable persons in the trade, has never since its first establishment, about twenty years ago, to this day, ever had a single failure out of their whole number. No fact can speak more decisively than this. • New Pe a steal . " o us.—The following interesting Works sre just published. or nearly reedy for publication, by Alr. Col. burn, it, New Burlington-street (removed front Conduit -street).- 1. Brambletye House, or Cavaliers and Roundheads, a Novel, by one of the Authors of the " Rejected Addresses," 3 vols.-11. Alcinous cf the Margravine of Anspach. Written by Herself, 2 vols.—ll I. Granby, a Novel, second edition, revised, 3 vols.— IV. The Naval Sketch Book, or Service afloat and ashore. 2 vols. —V. The Last Man, a Romance, by the author of " Frauken. stein." 3 vols.—Vl. Memoirs of the Countess de Geniis. vols. 7 and 8, being the conclusion of that Work.—Vll. Matilda; a Tale of the Day, 2 vols.—Vlll. Don Esteban, or Memoirs of a Spaniard, 3 vols.—lX. Reminiscences of Michael Kelly, 2 vols.— X. The Adventures of a Young Rifleman, by Himself, I vol.— XI. A Picture of Greece In 1t12.,. 2 vols.—Xll. Epistles t o a Friend in Torn, by ehandos Leigh, Esq. I vol.—and XIII. A Second edition of the Spirits of the Age, or Contemporary Por traits, I soh DRURY-LANE THEATRE. Whilst or.r Transatlantic neighbours at Boston have brought on themselves no small degree of odium, by the coarse and ferocious ebullition of popular rage which took place upon the appearance of Mr. Kean, who, whatever may hive been his defects as an actor, or his errors us a man, has now possessed himself of a claim on the sympa thy of every generous mind, by the violent and apparently interminable spirit of hostility which he has unfortunately excited, the audience at old Drury manifested a better feeling, and one snore honourable to national character, by the cordial and indulgent reception given last night to Mr. Pelby, of the Boston theatre, who made his appear ance in the character of Hamlet. The play of hfamlet pos sesses less extrinsic attraction than any other of Shak speare's plays, and depends almost entirely upon the native energies of the principal actors to sustain its interest. The character of Hamlet is therefore peculiarly well qualified to display the merits of a finished performer, and equally well calculated to expose the inaccuracies and defects of an indifferent one. The aspirant swim undertook this arduous character last night possesses no very striking personal advantages. He is rather below the middle size. His countenance, though by no means disagree able, is not remarkable for flexibility or expression. His voice is clear, but wanting in compass, and his movements, we are forced to add, are eminently defi cient in grace and dignity. Notwithstanding all these 1 , external disqualifications, Mr. Pelby possesses an accurate conception, a studied ease of manner, and a complete know ledge of what is termed stage effect. In many sceneshe displayed a chastened energy which fully justified the ap plauses with which he was honoured. The scene with ()Ouija seemed to us too like an imitation of Mr. Kean, and we hate imitations, though ever so well executed. In the soliloquies Mr. Pelby was elaborate and yet nut correct ; in the dialogue he was more at ease, and infinitely more effective. His performance of the preceding acts would have excited a snore favourable interest, if it had not been encumbered by an extraordinary exuberance of action, an evil which we were pleased to perceive had diminished' when he came to the more active scenes. Upon the whole, the performance though faulty was respectable, and the re ception which this gentleman received throughout was such as must gratify the most sanguine of his friends ; and their ' number, by the way, scented by no means circumscribed. At the conclusion of the play there was a loud and very general cry for the manager, which continued to the rising of the scene for the pantomime, whets Mr. Wal, lack came forward, and requested to be made ac quainted with the wishes of the audience. Some voices called out for Mr. Pelby, when Mr. Wallack retired, and in a few minutes Mr. Pelby came forward, and modestly expressed his gratitude " for the reception bestowed on him—a stranger." This was followed by a repetition of the plaudits with which, as we before observed, this gen tleman was very liberally honoured. Notwithstanding this earnest of approbation and success, we can't help regretting that Mr. Pelby should have aspired to such a lofty range of character. In a humbler line, we conceive, he would be a very useful acquisition to this theatre, which is very den cieut in second-rate performers, if we should judge by the arrangement of the inferior characters in the play of last night. With the exception of Miss Graddon, who gave the songs in Ophella prettily, the minor performers were by no means effective. l)owton and Harley, as Putonins and the Gravedigger, were sadly misplaced, and ',aeries would need a much more spirited representative than Mr. Mercer. The house was full after half price. BUENOS AYRES AND BRAZIL The political situation oft a epublican Government cf Buenos Ayres, with her legitimate neighbour, the Empe ror of Brazil, has assumed lately the deepest interest, ats every arrival from that quarter heightens the Imporr artceo the anticipated hostilities. The arrivals of yesterday, which are to the I Ith of November, afford us int e lli gee i , ' of the active preparations of both the Governments fonds war, which we conceive inevitable. A privateer of fr n guns sailed on the 9th Nov. f rom B uenos Ayres, to cycle g fa ;she had on b o a r d 12 0 seamen, the greater i n st tle proportion ßrazil Americans. Several oth ers were fitfiaa t out—their destination i s reported to be th e E ast ir i m e , - ;: very valuable trade being carri e d on, p art i cu l arly with Macao, under the Brazil fl ag . lfh ese pr i vateers have a letters of marque from the Independent Goremaient of the Banda Oriental ; but one letter we !tare received leads us to believe that there are also lett ers of mart's; by the Government of Buenos Ayres. The intellie rect from that city k also inter es ti ng , as it throws light upor, the late State Paper, and leads to a beliet that active assistance had been promised by Bolivar, before the liu oita Ayres Government formally annexed. the Banda Oritutai to the United Provinces of La Plata. Colonel O'Leary, of the Colombian service, with de. snatches from Bolivar, arrived at Buenos Ayres on th e evening of the 4th. The state paper incorporatin g the Bandal Oriental with the United Proviiires was isauid the next day. The same officer (who of the staff c i Bolivar) immediately departel for Rio Janeiro with snatches for the Emperor, in the hand-writing of the Libe rator, stated to be of the highest importance. Oct the other hand the Conn of Brazil ate making active preparation to reinforce the army in the Banda Oriental ; one rend has sailed front Rio Janeiro, and an order has been sent to the northern provinces to detach all the disposable military to the southward; the numbers of thesereinforcements are stated to be about 2,000 men; but if the intentions of the Government of the Banda Oriental be comedy represented to us, we suspect that the Brazilian forces will be far from being able to pursue offensive operations. It is said that they intend, instead of attacking Monte Video, to direct their force against the province of Rio Grande (thessithero. most of the old Brazilian possessions), and to proclaim the freedom of the slaves. '1 he proportion of negroes to the rest of the population of Brazil is so large, that a eeri e war, supported by the caval r y o f th e B an d a O r i enta l , be of the most dangerous character. A loan (probably in anticipation of the war) for nine millions of dollars has been contracted for at Butnoi Ayres. At Rio Janeiro, the Minister for Foreign Affairs, L. J. de Carvalho, had resigned. Sir C. Stuart was expected to sail thence for Buenos Ayres on the :kith November. FASHIONABLE INTELLIGENCE. The Marquis of Camden left town yesterday, for his seat, the Wilderness. Kent. The Earl and Countess of Euston have arrived at their house in Grosvenor-plaice, from their seat in Northampton.hire. The Earl and Countess of Ilarrowby and family arrived yester day at their house in Grosvenor-square, from their seat, Sandon Hall, Staffordshire. The Marquis of NVoreester has left town on a tour. Lord and Lady Dynevor have left their seat, Dynevor Castle, South Wales, for Barrington Park, Oxfordshire. Arrivals at Fenton's New Hotel, St. James's-street:—Le - ' Charles Bentinek from Brighton ; S. ,Mackenve Esq. from s•-•'!.; John Chambers, Esq. from Ireland; Mark Wood , Itr " m u; -1.1 n.,4rs reo r....... . -01 Archiba ld Murray, Bart. on a tour; S. Jarratt, Esq. for Oxford; the Rev. Walker King on a tour; Captain Towers, R.N. on a tour; J. Caldwell, Esq. for Brighton. Lady Fletcher and family arrived yesterday at Gou'd'a Hotel, Jermyn.street, front Walton-on-Thanies. Arrivals at the British Hotel, Jermyn-street :—Mr. and Mrs. Brown from a tour; Mr. and Mrs. Burton front Oxford; F. C. Gratton, Esq. from Boulogne; Mr. and Mrs. Jenkins from their seat in Shropshire. • Arrivals at Jaunay's Hotel, Leicester-square :—Mr. and Mrs. Ileatheote from Southampton ; the Rev. 31r. Griinshaw from a tour; Madame Dervieu du Villars from Pans. Sir Thomas Ackland, Bart. has arrived at his seat in Somerset. shire from Devonshire. Arrivals at the Royal Hotel. St. Jemes'it-street :—Lord Glamis from Paris • B. Gott, Esq. and family front Leeds; Sir H. Fans from Beech'wood, Hants; 3I`1)ougall, Esq. from Liverpool; Col. Barclay from a tour; Veal. Esq. from a tour. De partures—Sir R. Anstruther, Bart. for Suffolk. We arc happy to state that the Lord Chancellor was yesterday morning considerably better than on Tuesday. Ilia Lordship passed an excellent night, and with the ex ception of the attack of gout in his feet, there is nothing now to prevent him from attending to his duties in the Court of Chancery ; at present his Lordship is unable to quit his room from this cause. Yesterday the Earl of Liverpool gave the first Cabinet dinner this season, at his house in Whitehall. T here were present the Earl of Ilarrowhy, the Earl of Westmorland, Mr. Secretary Peel, Mr. Secretary Canning, Earl Bathurst, the Duke of Wellington, the Chancellor of the Exchequer, Mr. lluskisson, Lord Bexley, Mr. Wynn, and Viscount Melville. The Lord Chancellor was prevented from being present by continued indisposition. The Earl of Harrowby arrived in town yesterday at his house in Grosvenor-►quare, from his seat in Staffordshire. Yesterday the Earl of Westmorland arrived in town, at his house in Grosvenor-square, from his seat in Northamp tonshire. ..... Yesterday morning the Chancellor of the Exchequer ar rived in town from Claremont, where the Right Hon. Gen tleman had bees on a visit to Prince Leopold. Mr. Secretary Peel arrived in town yesterday morning. Mr. iluslisson arrived in town yesterday morning, from a visit to Prince Leopold, at Claremont. Yesterday morning Lord Bexley arrived in town, from his seat at Foot's Cray, Kent. The Marquis of Hastings transacted business yesterday afternoon at the Secretary of State's Office for the Colonial Department. Yesterday Prince Polignac, the French Ambassador, transacted business at the Foreign Office. On Tuesday morning Count Licven, the Russian Am bassador, received despatches from St. Petersburgh, at his Excellency's house in Dover-street, Piccadilly, the con tents of which the Ambassador communicated to Mr. Se cretary Canning, soon after his Excellency had an inter view with the Right lion. Gentleman. Lord Milton, accompanied by a gentleman of trundle, has been canvassing that town and neighbourhood for Lord John Russell. From what we understand, the result has not been so favourable as his Lordship expected ; the ma jority of Huntingdonshire voters here being decidedly in favour of Lord Mandeville.—Huntingvhs Journul. A Correspondent from Oxford informs us that Mr. Heber has written to the Vice-Chancellor, and desired it to be publicly made known in the University that he intends to retire immediately on the meeting of Parliament ; and we understand that Magdalene College have come to a re solution to propose the Solicitor-General as his successor.— Gl•,be. On the conclusion of Miss Foote's engagement at the Sheffield Theatre she gave a handsome treat of wine and cake to the players. The party, we believe, assembled in the green room, and Miss Foote presided. The theatre was well attended during her visit. Miss Foote is now acting at Manchester. Mathews and his son have been for some days at Ab botsford, enj lying thy hospitality of Sir Walter Scott. The second son of Knight the comedian is also at Abbotsford, commissioner! by Mr. Terry to paint a portrait of the dis tinguished Baronet, who has already given the artist three sittings. All the members of Sir Walter's family have expressed their warm approbation of the progress wade in the picture, and of the [canner of its execution. SING.4PORE. We have received some papers from this settlement, not of very recent date, but they contain some facts not before published here. The following passage from a paper of June 23d refers to the supply of fire-arms which the Burmese are said to have received from English merchants. The Singapore Chronicle denies that the Burmese can have re ceived any arms since the commencement of the war. But it adds, . _ ' "It is quite true that the British merchants, not of Batavia but of Singapore, have supplied the enemies of the Burrnans and our pre ! sent allies, the Siamese, with fire-arms, with the sanction of then awn Government, and for doing so we consider them entitled . 4 to national reprobation but to national thanks. It weal' be a weary task to combat all the trash which has been sail .." written on the subject of supplying the Indian nations wit , . ' t e -arn a ; mat' lice it at present to say, that as long as these moons require arms, years, ,led the Cochin Chinese and can pay for them, they will inevitably et' th em frt ml " rn e • The French for ex- European or American nation or another quantity, one vessel ample have within the last few e Americana,. from 1819 to with above 29.000 stand of arms. given to supply the Siamese, 1821, supplied the Siarnes7jri;'_', . stilt larger d Since the commencement of alone having imported lel an the Burman war, no - permis s i on . . not furnished them with • single musket. the Americans it'" After this ..„ -ment, a plain question natu ra lly suggests i tself. Is it more - atr ' politic, and equitable in us. to leave the supply of fire. ,.as and ammunition to our own manufacturers and merchants, ~..s retaining a complete control over it ; or, with our eyes open, to surrender a monopoly of it to commercial rivals, liable in the course of possible events to become national enemies, and over whose operations we can exercise no control at all ?" Another paper, of July 7th, gives an account of a treaty lately concluded with the Sultan of Johore, for the cession of all rights to Singapore, and adds the following suss.- Merin; :, " Having given this outline of the treaty, we shall add the fol• lowing brief observat'ons on the present condition of the settlement. Its population, permanent and floating, amounts to about 14.000 inhabitants. The ordinary charges on account of its civil esta. blishment amount to 19,010 Spanish dollars ; 'he military to 34,:af1, and the fixed contingent charges to 3.G00, "-ki ng a tota l of 87,203. The revenue is derived from an excise on the ~"sump. Lion of opium, home-made spirits. &c.; firm quit -rents, re. 4 o f government houses, and markets, fees anti tines of the Provisior,j Court, Post-office does, &c. &c., and amount in all to 87,262, being 53 Spanish dollars beyond the disbursements. " The trade of the port is as free and unfettered u the power vested by law in the Governor-(leneral can make it. There are neither export nor import duties on any article whatsoever; there are no harbour or tonnage dues, no fees paid for port elearancts, passes, or registers; and finally, the wooding and watering of ships, and the landing and shipping of cargoes, are totally exempt from privilege and mouopoly, contrary to the practice of many other ports in India. These few simple and satisfactory state ments, we make no doubt, will be perused with pleasure by all the friends of a free and fair commerce, wherever our limited journal may be read." COMMERCIAL EMBARRASSMENTS. • [From the Mundiester Mercury.l We do not remember a period at which there has been so deep and general a feeling of depression amongst com mercial men as is now prevalent. It is not in one trade only but in all that a great extent of suffering exists. In the woollen branches we hear the most appalling accounts of the dismissal of workpeople, the stoppage of masters, and the general destruction of confidence. In the silk trade there is a most serious degree of stagnation and dis tress (this we have not denied, however inadequate to its production we might think the causes assigned fur it); and in the cotton trade the state of things is daily becoming more serious ; we may say, fast approximating to that of the worst of any of the other staple manufactures of the country. A very large number of hand-weavers, we hear, are dismissed from week to week ; die stocks of power , loom cloth and cotton goods generally are accumulating rapidly ; yarns are very heavy ; and though the prices, both of these and of goods, are decidedly lower than any former period, the reduction in value has not yet created any accession of demand. The fact is, there are few foreign markets which at present afford much temptation to shippits, whilst the home trade is for a time in a con siderable degree extinguished. Transactions in those parts of the country where there have been many bank failures are necessarily suspended ; the old circulating medium—that of local paper, has been taken in a great degree away, and nothing has been yet obtained to supply its place. To what extent the disastrous consequences of this state of things may go it is impossible to form an opinion ; the convulsion has been far more extensive and more ruinous than we had apprehended ; it has lasted for , a longer time, and as yet we see no symptoms of amendment. What then is best to do? If, as we are inclined to think, over-pro duction is one great cause of the present state of the cotton trade, the remedy obviously is to manufacture less, until the glut has been removed, and this course is new being very much adopted. In addition to many of the chief spin ners in this town and its immediate vicinity, who are al ready working short time, a similar step has been taken, or resolved on, by the spinners at Burnley, Blackburn, Steck port, and Bolton, and we believe it is in contemplation at Ilyde, and in other places. In Liverpool, we understand, the depression and alarm is even much greater than it is in this town. The prig s of cotton are rapidly ; no one knows where they trill stop, and the reduced rate at which consumption will go on must tend to depress them still more. This effect, how ever much it may be to be deprecated, appears inevitable ; and the consequence, we fear, will be the occurrence, in that port, of further insolvencies. The present loss on the import of upland cottons is little less than 50 per cent. It was reported in the latter part of yesterday that a house in the Oporto trade had suspended its payments. Ln TUESDAY, JAN. 24.—( From our ('orre spondent.)-1 am extremely sorry to have to inform you that one of our Banks stopped payment this day, Mr. Joseph 11adwen. The extent of the failure is uot at pre sent known. t