The British Press; or, Morning Literary Advertiser. — London, England, 1825-12-15 00:00:00

. pmers or It RITISH BMA Stack 1991 491 . 1 198 198 w Cont. Red. 78 j Si 791 1 chili Cent. Cons. Ditto Acct. 811 8i 82 811 821 jilt 32 • CEnt. 1111 MOCKS YESTERDA Y. 3e per Ct. Red. 82 79 85; Gong Ifinn. 1018. India Rands 40 55 50 di■ Ex./filial 141,000/.32 38 17 di. Ditto, 5001.20 23 13 dis Pitt", Small 20 25 dis 'K►(~ Priutilao 'llsiso Scripltnt; Ditto Acct. 20 21 dis Milian Bonds 50 Ditto Acet. • t: tats Bonds Acct. 5.1 F/iftis Bond. (1824)57i 114 S S 1 Atte Aect. 58 7 1 5 6 6 1 Ilsolvkßonds 99; 71 8 Isl4to Marks Banco ititto Bonds ( 1 825) 56 IVto Acct. Fi•ench Rentes S !wet. 92.1.50 c. i.scluage 25f. 10c. S IOCKS YESTERDAY. Greek Bonds Ditto Bonds (1825) 15 Ditto Acst. 14 31ellean Boit& Ditto Am. 53i 50 Ditto Bonds (1325) 413 67 86 Ditto Acct. 04 74 8 8 74 8 7 84 6 Peruvian Bonds 40 Portuguese Bonds 78i f Ditto Acct. 79 Prussian Bonds 83 Russian Bonds (1822) Ditto Acrt. 8.14 5 Spanish ('one. 14 PRICES OF SHARES VESTERIMI. 1141Wte. Share. Paid. Premium per Same. Fasea-Peruvian Fotnst, l.a Paz. and Peruvian 40 i 21 3 die tinier& ataxic's) Ditto Nee 4O 10 4 ASSURANCE cettrextes. Protector Fire MIICILLAXIOUS. 11 , 10 A Iron 14emepalitan Alderney Dairy 23 4 par XICAN SIX PER CENT. LOAN,—The Fourth Ikll. faaarteey Divide d. dun on the Ist Day of JANUARY aeatewel be paid no the succeeding days between the hours of Tee aid o'Clock, at the Counting-house of lessrs. Barclay, Her- Richardson and Co., No. 11, New Broul.rtrert.rnewo. The Ekvlgland Warrants, with lists thereof, numerically arranged, must be haft foe ezaminatim one day previous to payment lir WitiOtt WOO. DRURY-LANE THEATRE. This Evenlag, Till ;Am DAY,, Doe. 15. will be performed the T C H nI VE ;NIL. garillp, Mr. 3. Runell : Muskatn, Mr. Harley: Donut Aurora, Mrs. Vette: Beatrice, Ulm Kelly. After which the Com le Opera of THE WAGER: or, THE MIDNIGHT HOUR. The principal Characters by Henri. Houton, Horn. J. Russell, Ratter. rayleurs, and Bedford; Misers Kelly and Cubitt ; and Mrs. :owe. Tosoneiale with the Grand Historic Pantomime Drama of [.A PEROUSIs Or, THE DEsOLkTE Parma,. Mr. Noble; Madame Herons', Mhos Smlthwe. .morrow, Faustus. The Camp, and Glevasuat in Londc.b. COVENt:GARREN THE.47'RE. Ibis Evening. THURSDAY. Dee 1.5, will be performed the remedy of THt SCHOOL FOR SCANDAL. Mr Peter Teazle. Mr. W. Vernon ; Sir Oliver Surface, Alr. Fawcett; !.r Benjamin Backbite, Mr. Jones Joseph Sarfaee. Mr. Cooper; Charlet Surface, Mr. C. Kimble; Crabtree, Mr. Blanchard , Mows, Mr felts Luis Teazle, Miss Chaster; kfra. Candour, Mrs. Gibbs After which the Melo-Drametle Entertainment of ♦LAULIN; or. THE WONDERFUL LAMP. Aladdin. Mrs. Vining. In Act U. Monsieur Masurier will dance a Pas Chinoic Te•anorrow, The Three Stranger,. "'was I. and The Scape•Goet. The BRITISH PREIS commenced publishing yesterday morning al fire o'clock. ----- LONDON. THURSDAY. 13, 1826. The Paris Papers of Monday, including, as usual, the Ehlie dated the following morning, arrived yesterday. in theist* welled advice. from the Revenuer, respecting the supplies of food and aronumition lately thrown into the fortress of San Joan &Untie, in anticipation of the xpeditians Aging out in imports of Colornbis and Mexico. :The intelligence from Greeter is by no means such as to ir..dime us to despair of the cause of independence, if the Guilts remain true to themselves. It 'seems that the Maracas have hitherto offered no opposition to ISIAWIIII RAMA, 1410111 they have suffered without resistance to traverse and ravage Ihcir country from one coast to the edam , . His forge, bowev*, it appears from an article which * have gin, in another uNinn, has nevertheless been rube& from fifteen thousand men to less than seven. Since the capture of Neurtim, he has nut succeeded in niqklng himself masese.af one single military position. He had finally been obliged to retire to Corn, where he was uniting the •iertifereeluentii from Egypt. The last at.- musts bore Alenamisis represent the mucb-vaunted ex pedition which saiaidfrona that port, under the command of the ()serrate Peens, as considerably inferior in every reSpo4..tethettuggerated descriptions that have been given of it. The somber of troops, it seems, does not exceed 4:0107 . 11114 et.re peitber well equipped nor well disci pitied. Otte day of success, it is yet probable, may save ?relive; At the wrest, another campaign will be necessary 96 46 ettuoP 6o6 - • lly the private correspondence from Madrid we learn that Age. salutary measures are about to be adopted by the Spanish Government, at the instance of the Consulte d:a Junta.. 'one of these is the division of the Peninsula into department" like France. Under the Cortes this divi steri 4I Made, and It was productive of the most bene ficial resnits. It sanded strongly to annihilate local juloksies, and give energy to the proceedings of the Government, which, under the present system, are too ftequently resisted, or, in effect, neutralized by the pro dncial authorities. .Auother good decision of the Con gultative Junta regards the everlasting subject of the pnriicatioas. They recommend that all the Juntas of policed* should forthwith be suppressed, and the treatment of each individual regulated entirely by the rises pleasure. If the Duke del 1111•NTADO has firm ness to act upon these principles; he may render many, and important vertices to his oountry. • The French fulids„ it will be observed, continue to sink. There was a deaths of If. on Monday, at we close of the market, as compared with Saturday. (Fens the Mak, dated Tuesday, Dec. 13.1 PAals, Dsc. The feitheieg stews has bele received tt.a the Litivasussit, staled Oct. : (Nptain Laborde, who has lately been appoiated Commode, of the whole naval force of the island, in the room of Admiral Gaston, Liming leant that the Colombians sod the Mexicans projected as espedition against the fort of Ben Juan d'Ulloe, set out on the SD Sept. to take marpern, **withstanding the equinox, which is es Amidable to these eds. Sixteen days were suffreiMt for this gbh of to retktual die fort of nen Juan crUlloa, which he placed again 10 a stated defence, by suengthening the garrison. COLOGNE. DEC. B. Today, at four in the afternoon, the Rhine was at the beighte • feet 6 lashes; and It continues to rise so rapidly that it is to Re cored that the eotnatealeadloo with the opposite bank by the Midge win be suspended to-morrow. The whole quay by the rim side is meriewed. The great quantity of merchandise de limited in the pert was removed so quickly that the water did no the ingaing of alae Id, a boat, containing 24 perms, warn upottim a equoill of vied, awe Bonn. Only seven persons were taboo up. Dorroirberoollog way nation. and even one of thesi, • vortou, could not be brought to herself. [From the Joao nal us betas of Mosley.] Az.zzawousa, OCT (IetTILACTED VILOO A OTIIICER.) _ _ Mehemet Ali, who now glee himself the titles of Alexander and 14 1 peteln 11, intends, after be has subdued the Mau, to pay a dais to the Franks, beginning with the dominions of the rope. Meartime, the troops assembled to be embarked on board the Tork!th and Egyptian deets amount to four ilieroaand mu, badly ottlpped and ill-diviolined. The cavalry, uit is called, is whay without orda, and if the Greeks had six thousand disciplined astolle, Abitibir mold out bold oat in the Palepoonesus for two *cubs. _ _ to IM Joareal de Pork of Monday.] • liaaana . .. Du. 1. Tbe peet-tosesee et Luiro, in Galicia, As is appointed c o sop troller to the English Company which has undertaken to recover the riches lost in the galleons which were wrecked off Vigo in the reign of Philip V. has just informed the Government that the place where sit of these galleons are is positively ascer tained, and that among several articles that have been got up than are all large plateaus and two vases, with the arms of France on them. all of silver, except one of the vases, which is of earthen ware, but of 6ne workmanship. He adds, that every day increases the hope of recovering all the treasures sunk in the galleons. The Gorerninent„ desiring to revive the former credit and im- Portanee of the Bank of St. Charles, has just placed at its dis posal 23Millions of reels in inscriptions on the great book of the public debt. The Duke ael Infantado is making great preparations for a grand fele, which he intends to give on the 6'h (the Saint's-day of the Queen), to which his Excellency intends to invite the diplo matic body, and 114 persons of distinction, both Spaniards and fo reigners, now at Madrid. The C.nsultative Junta has transmitted to the Council of Mi nisters a plan for dividing Spain in • regular manner, sir- as France is divided, into departments, which would have the advan tage of destroying the spirit of separation of the provinces, which fiequendy is a great hindrance to the operations of Government. His Majesty has ordered this project of the Junta to be laid be fore the Marquis de Almenara for his opinion, and it is known that he entirely agrees on this point of the Junta. FRENCH FUNDS—PARIS. DEC. 12.—Five per Cents. 05f., 4 Three per Cents. opened at 62f. 16c., closed at 61f. 70n. : Bank Stock, 2,075 f. Ente de Naples (Certif. Falconnen. 75f. 30c. ; Rente d'Espagne, 1 If. ; Royal Spanish Loan, 49if. ; Heytian Loan, 600f.—Coors AuMentique. The fatal consequences of that infection which a panic, from its very nature, produces, were never more frightfully visible than theyare in the mercantile world at this moment. A public meeting was yesterday called togethn at the Mansion-house, to consider the best means of putting a stop to a state of things which net only endangers the vital interests of commerce, but threatens the convulsion of the whole country. This prudent step, which was most im periously called fur, will tend greatly to tranquilize the public mind ; there being no fear but that the bankers and traders of London, aided—as they no doubt will be— by the deliberative wisdom of Government, will adopt such measures for restoring public confidence as will not fail to produce the desired effect. It will soon be seen that the apprehensions which have been so nefariously excited were perfectly unfounded, and the promptitude with which the Bank of England has come forward in aid of the pri vate bankers will be everywhere received as a sufficient guarantee of their solvency, and will put a stop to the present inordinate run upon them, by manifesting to the public not only that their funds are more than competent to sustain their credit, but that they were in a condition to have afforded the most material relief in the exigency of private credit, but for the causeless alarm which involved them in the embarrassments which it has so rapidly and ex tensively generated. One great cause of pressure on the London Bankers, arising from this public panic, has been, that not only have their general customers drawn out their accounts, but the various public companies and wealthy institutions of the metropolis, who had always large floating balances—an average portion of which might always be reckoned upon as deposit—have been likewise induced, by the different Di rectors and Committees, to draw them out, from an un willingness to incur any risk in a crisis of such portentous uncertainty. The aggregate amount thus drained from the different City Bankers has been immense. But for the ex cessive panic that has been created this would never have taken place, and as soon as it has subsided--as soon it will do—the return of confidence will restore everything to its former state. The Time: of yesterday remarks, that "the return of the Bank to discounts at five instead of four per cent. is a traasaetioa of some moment ;" but it adds, in that malici ous spirit which it always manifests when speaking on any subject with which the Barre is connected—" if indeed, that Corporation do grant discounts to any considerable amount coat at the higher rate." For what purpose is this obscure insinuation thrown out? The Company, it is well known, has never, in any instance, withheld any ac commodation in the way of discount which it could con sistently and securely grant. It is but a few days since this journal, which here attempts indirectly to stig matize the Bank Directors as not being likely to aid the Merchants of London by any extension of their discounts, fastened an imputation on their character upon exactly opposite grounds ; it was affirmed, that " the thirst of im mediate prrfit was an overmatch, as it too frequently is, for the calculations of common sense, and the Dia ECTOss are now reaping the fruits of their indulgence of a short-sighted cupidity." It is quite certain that, in consequence of that consterna tion to which the good sense of so many has given way, much money will be hoarded up to provide against contin gencies ; much will likewise be sent to the country banks to supply the demands occasioned by the discredit which the stoppage of some will throw, more or less, upon the notes of all: and unless the Bank of England supplied the vacuum thus occasioned in the circulating medium, com mercial confidence would have no means to retrieve itself, and an utter aubveraion of public credit would be the inevit able result. But the Tilers, with an inconsistency so public and so palpable, that it can only be accounted for by that party spirit which no sense of decorum can restrain, first rerro batesthe reduction of Bank discounts from s to 4 per cent., as "a measure which has proved itlistrious and led to mis chievous effects," and immediately afterwards, in its very same column, says—. " For our own parts we cannot but consider this return of the Bank to discounts at flee per cent. as the first indi cation of eke total failure of the Minister id prriect for establishing a more liberal system of commerce." ' Thus, wiethei the*Bani of England raises or lowers its ' rate of discount, it is held up to reproach, as equally war ring with the public interests, and as wilfully acting on principles of impolicy and injustice. What connexion, we would ask, is there between the return to s per cent. dis count and the commercial principles of free trade ? In what manner can the rise of the one indicate thc failure of the other? ft is really melancholy to ace the excess of absurdity to which a partisan may be carried when he once suffers his rancour to get the better of his reason. What but the most insidious and unworthy motives could induce the Times to publish yesterday, with their pains-taking minuteness, a list of the seventeen country banks that kept cash with Messrs. WILLIAMS and Co., and of the forty-four country banks that kept cash with Sir P. Pole, Tiloa NTO a, and Co.? What other effect could this have, or be meant to have, but that of producing a ran upon those different banks, by thus announcing in the local district of each, that the firm in London with which they respectively kept cash bad misprinted its payments? This information, if it succeeded In ptodtiting the effect designed by it, would be to make all the customers of each of those country banks rash at saes to present their notes for cask, and thus, perhaps, oblige the whole of them to stop payment. That such a communication maid bate this tendency is manifest; but it is quite in &meter. The' THE / party omit no bring on the catastrophe, to which they look forward as the result and as the reward of their labours. --....a.w.••-- CITY, WiDxIsDAY ETIXIXO. Public credit seems shaken to the very centre, and such it the general distrust, that the best houses and the beet securities are looked on with a suspicion bordering on in fatuation. This want of confidence is producing the most ruinous effects, and creating the very evils it dreads; frr houses of the most unquestionslile soh;eneY may well be unable to meet the drain of all the deposits in their hands. when the best securities are unavailable. The panic in creases daily and hourly, and all is confusion and alarm in the city. In consequence of the failures of the banking houses that have taken place, and the excessive run which • is made on ethers, the first thing a merchant now does, on coming to the city, is to ascertain if his banker has not fallen in the wreck of credit. . This morning two old established houses stepped pay ment—those of Messrs. Everett, Walker, and Co. and Messrs. Sikes and Co., both in Mansion House-street. The firm cf Everett and Co. however, issued a notice that they have made a proposition to the Bank, which they hope will be successful; should this be the case, they will imme diately resume their business. The crowd that assembled in front of both houses was immense, and some persons were so clamorous and unruly, that it was found necessary to shut up the house of Sikes and Co. The connexions of the first of these houses are the most respectable and wealthy kind. The Messrs. Walker, we understand, have extensive iron works at Gospel Oaks, in Staffordshire ; the largest, we believe, in that county. Some branches of the family have very extensive landed estates, but whether they are now members of the firm we are unable to say. Mr. Maltby is the proprietor of large lead works. The trustees of the county rates banked with this firm. Extents were as matter of course sent into the house; but it was not expected that Government would press their claims, so u to interfere with the arrangement whitir the firm have submitted to the consideration of the bank. The meeting at the Mansion-house produced a great ex citement on the Royal-Exchange. At ten o'clock this morning the Lord Mayor had a conference with a few principal bankers and merchants, by whom the prelimi nary arrangements were formed, and the following circular issued : " The Lord Mayor presents his compliments to anJ, by the desire of several merchants and bankers, requests the favour of his attendance at the Mansion-house at half-put one pre. duly, upon urgent business connected with the present state of the City. "Mansion-house, 11 o'clock, D,c. 14, 1328." At the time appointed, though only about a hundred of these circulars were sent forth, a vast throng pressed round the doors of the Mansion-house, and a general rush was made to force an entrance ; but those only were admitted who had been specially invited. There seemed to be no perceptible diminution of the panic after the meeting was over, though it was known that the proceedings were of a nature so well calculated, at any other time, to have removed the groundless apprehensions which continued to prevail to the close of the day. The run on several bankers was exceedingly heavy, but they all fully and readily met the demands upon them. Lombard ■treet and Nicholas-lane were crowded to excess all day, by persons hurrying to and from the banking-houses. At four o'clock an incident occurred, which, though of little importance in itself, produced great agitation among the groups assembled in that neighbourhood. This was simply the arrival of four post-chaises, the horses of which were evidently much distressed and exhausted. A host of wild and malignant rumours were immediately circulated. So morbidly sensitive is the state of public feeling in the City, that if only three persons were conversing. others instantly joined them, and knots were in this manner formed in all the leading thoroughfares in the vicinity of the Royal Exchange. On Corithill a large mob was collected round an old man, who was distributing bills. For every one lie offered there was a violent struggle. When the alarmists had succeeded, they found themselves in possession of the followingjuet reproof of their rash and violent conduct:— " Men of Enclind !—Arc ye fools ? are ye madmen ? that ye thus saunter about the B.tnking•houses, making the difficulties, if any exist, still greater. Silly people ! go, and industriously prose., cute your affairs, and rat your shoulder to the when', if you wish to get the cart out of the mire ; t.:r you are unworthy of tie spirit which flows in British blood." At the opening of the Consols Market, the confusion was so great, that it was almost impossible to ascertain a price ; from 811 i to 81 was the quotation for some time, but with scarcely any thing doing except making up accounts. Money Stock, of every description, declined considerably. Consols were done as low as 75t, making the continuation till the 19th inst. full G per cent. Reduced was also sold at 7.51. After the Meeting at the Mansion-house, Consols advanced to 821. and Money Stock 3} per cent. The final quotation was 82 for Consols, being a reaction of nearly a half per cent ; Reduced 791 ; 31 per Centi. 83. We observed the most salutary effects produced by the Bank brokers buying Exchequer Bills this morning. The large hills, which had fallen from 30s. to 40s. discount, left off at 17s. and 13s. discount. To-morrow being the settling day in the Foreign Market, adjusting accounts was almost the only thing doing. The following are the nominal quotations :—Colombian Bonds 531 ; Mexican 56i; Brazil 20 21 discount ; Spanish Bonds 14 ; Russian Bonds Bti 85. The only business we heard of in Shares was in United Mexican, at 5 premium. Yesterday afternoon, at thr o'clock, the Governor and Deputy-Governor of the Bank of England had an inter view with the Earl of Liverpool and the Chancellor of the Exchequer, at Fife House. The interview lasted a con siderable time, after which the Governor and Deputy- Governor returned to the Bank. The alerting which took place on Tuesday. at the Treasury Chambers, between the Lords of the Treasury and a deputation from the city, consisting of the Lord Mayor, the Members of Parliament for the city, the Town Clerk, and several gentlemen of the Common Council, merely related to the affairs of the new London-bridge (in which their Lordships are jointly concerned in the city, by i the Act of Parliament for carrying this work into effect), but had no reference whatever to the present depressed state of the money market. Sir Peter Pole and all his partners have been at the bark ing-house daily. Sir Peter speaks confidently that, after the concerns of the house are wound up, his own property will not be less than 200,0001. The profits of the bank ing -house, for the last seven yens, averaged upwards cf 40,000!. the year. Messrs. Goodall and Co. the Coventry Bankers, who drew upon Sir Peter Pole and Co. are now paying at S!r It. C. Glyn and Co.'s. The notes and bills of the Bank of Mears. Wilkins and Co., at Brecon, in South Wales, are paid by Messrs. parnetta, Hoare, and Co. ' The notes and bills of time Hastings Old Bank are now payable at Messrs. Jones, Lloyd, andCo.'s. A clerk wens in attendance from this bank all day yesterday it Messrs. Everett's, paying all the notes and bills that were presented On account of the Hastings Old Bank. At Wentworth and Chalonerli, the clerks, assisted by one of the first City accountants (Mr. Duncan), have been engaged night and day, Moat Monday morning, arranging the accounts of the firm ; and it gives us much pleasure to state that they appear favours*. Is is an ascertained fact, that on the very day they stopped payment, remit letters to an amount suflicittat to hat* prosaritd their credit were on the road from York. I ... MEiTING OF MERCHANTS AT THE MAN- SION-110USE. Yesterday a meeting of the most eminent Merchants of the City took place at the Mansion-house, upon the subject ut the presen t alarming condition of affairs. Among the persons present we noticed Mr. Marjoribanks, and Mr. Robinson, the Chairman and Deputy. Chairman of the Last India Company, Alm/sr:der Ilwing, Esq. M.P. Mr. Irving, Mr. Thorntun, Mr. Tooke, T. Wilson, Esq. M.P. &c &o. The LORD MATOE said he had called thin meeting in conse quence of what had occurred between him and his brother Alder. men sad several other gentlemen deeply interested in the affairs of the city. lie would not attempt to explain the origin of the difficulties with which the city appeared to be overwhelmed, but he trusted that those who were best acquainted with them would Propose what appeared to them best calculated to remedy the evil: ' Mr. YOIING hoped, that on such a subject as this Resolutions suited to the occasion were already prepared. Mr. T. Wit.sow, M.P. considered the existing difficulties arose from the circumstance of the merchants and bankers having locked np"their money In longer-winded securities than they were in the habit of holding. From the 'variations in the different ar ticles of trade, and from these, combined with other facts, they had never seen a great scarcity of money that was not succeeded by a great abundance. Ile had merely to propose, for the purpose of giving relief where it was moat netting, a resolution of a very simile nature, tending to restore confidence. (Hear, hear.) It was, perhaps, a fact, that many of the bankers who were now aufFering were richer than ninny of the highly respectable persons in that r: oni ; that they were able to pay forty, fifty, or sixty shillings in the pound. It was, therefore. for this meeting to consider whether they were safe in the hands of the bankers of this city, and, if they thought they were, to resolve to pay in their money concurrently. It was by supporting the credit of the bankers, that the merchants would be secure from in terruptions in their commercial pursuits, and it would be of great Importance that the public should know that the Bank was doing all in Ls power to assist the banking-houses, both in the metropolis and in the country. The Lord Mayor had had an interview sith the Governor anu Deputy Governor of the Bank of England, who commonicated to his Lcrtiship this determination. (Loud cheers.) The Honourable Gentleman then read a resolution to the following effect : " That at a pri►ate meeting of the Merchants of the City of Len don, held it the Mansion-house, it bring stated that the Bank of England intended to do all in its power to relieve the existing dis tress among the banking-houses in town and country, it was the opinion of this meeting that such conduct on the part of the Bank was 'calculated to allay the present excitement and alarm. and that it was not expedient to call a public meeting on the sub ject." Mr. YOUNG objected to a public meeting, but wisbed that a declaration should be made by the meeting, expressive of their conviction, that the difficulties now experienced were of a nature easily to be surmounted by the firmness of the merchants of the city of London. Dlr. BARING said, although he had personally retired, his con nexion with the city of Londan was of such a nature that he eould not remain inactive at a period of such distraction and difficulty. The resolution proposed by Mr. 'Wilson was cor.si•tert with truth, and calculated to do great good. Ile at the same time thought that • general declaration of the nature suggested by the last speaker would be desirable. Nothing was wanting in the present condition of the City of London as regarded the banking-houses, in which there was such immense capital, than the mere expression of public confidence, and the acting upon that confidence. (Cheers.) All knew that there were occasional stops and chokes in trade, in mer c•^:ile affrirs, and that it was necessary to apply special remedies in many instance.. Ott this occasion it was important that a remedy of t his sort should be applied. It n ould not be well to enter into the dis cussion of theories respecting the Bank currency. The origin of the distress was in a gnat measure that which bad been alluded to by Mr. Wilson, but there were other strong causes. In the course of last year it was known that there was an influx of speculations remarkable for their absurdity. He had anticipated the distress that was to follow, but not to the extent now witnessed. That dis tress had been prolonged beyond its natural date by the panic and noise which were so observable in the streets. (Loud cheers.) The fever of speculation had its hot and cold fits. In such a state of things as now existed, the rotten and the sound were pulled down together, and the most groundless alarms prevailed Of this be was conviccntl, that nineteen out of twenty of the Bankers of the City of London were as solid. as road*. (Cheers.) The present difficulties arose from panic, and not front distress. (Cheers.) Such was that panic, that the greatest sacrifices vete made hr those whom it affected, and it was un necessary for him to state that men, who must have been expected to turn some of the money confided to them to account, could not. at a very short notice, call in the whole of their capital, however securely it might be vesad. Ile then described the effect of this alarm in the country, and repeated, that the determination of the merchants to continue to place confidence in their bankers would have the desired effect. The following were the Resolutions unanimously agreed to by the Meetinu, and signed by ail the merchants present They were moved by Mr. Baring, seconded by Mr. Irving, and supported by Sir George Robinson and 11r. Marjoribanks : " Revoked, ht. That the unprecedented embarrassments and difficulties under which die circulation of the country at present labours, are mainly to be attributed to a general panic, for which there are no reasonable grounds ; that this Meeting has the fullest confidence in the means and substance of the Banking Establish ments of the capital and of the country ; ■nd they believe that the acting generally upon that confidence would remove all those symptoms of distress which now show themselves in a shape so Jar:Ling to the timid and so fatal to those who are forced to sacrifice their property to meet sudden demands upon them, which it is no imputalou upon their judgment or prudence not to have expected. 2dly. That it having been stated to this meeting that the Di rectors of the Batik of England are oc,!unicd with a remedy tor a state of things so extraordinary, this meeting will refrain from any interference etch the measures of the Directors of the Bank, who, they feel satisfied, do their duty ;he public. "311 y. That we have the fallest confidence in the stability of the public credit of the country. We declare a determination to sup port it to the utmost of our power. " 4.111 y. That it is the opinion of this mtetiog that declarations of a similar description with the pr_•sent, in the country towns where the banks established msrappear to de s erve them, may be pro ductive of much benefit in restoring general confidence. 6:hly. That the Right Hon. the Lord Mayor be authorised to sign the above on behalf of the meeting ; and to allow the same to lie for signatures at :he Mansion House." GRAVESEND BANKS.—We repro to state that the banking-house of Messrs. Brenelfley, Beckett, and Rich. and that of Millen and Twigs, at Gravesend, stopped pay ment un Tuesday. This circumstance is announced in letters from that place, received yesterday. Messrs. Wil liams and Co. were agents for the house of Diem:Way and Co. MAIDSTONE BAN X.—We were exceedingly eonctrned to observe the following notice, posted on the doors of the banking-house yesterday morning:— " Menus. Edmcads, Atkins, and Tyrtell, iptving received an intimation that Sir Peter Pole and Co. their London bankers, intend this day to suspend their payments, are un d er t h e pa i n f u l necessity of doing the same." The above intelligence has created much confusion and considerable distress in this town and neighbourhood.— Maidstone Jesirnal cl Tuesday. Our contemporaries are in error in stating that transfers of Any Stock, when closed for the dividend, are without precedent. It can be done at any time by petition to the Directors, and the payment of one guinea each transfer. An instance of the total want of confidence, and the eager grasping at the actual possession of money, may be gathered from the state of the Stock Market yesterday morning. The national credit is so secure amidst the shock of indi vidual confidence, that stock continues comparatively high ; but the difference bete ern the prices for money and for the account is unheard of. Reduced Three per Cents, which are open for money sales, have been sold from 75 to 76 ; but the price of Three per Cents. (Consols) for the January account—that is, Consols to be delivered S 6 (lays hence, was B 1 jto 8 9 : so that (maki ng a ll owance f or the dividends) about 61. is paid for the use of 75 for S 6 days—a rate of upwards of SO per cent. per annum—and tine too on generally unexceptionable security. BRITISH 'MESS. Jo act—however minute—that can bring • s„, FASHIONABLE INTHLLICIINCE. ~.--- Lord A. Searlelerk. Lady Citadel, Be T au h d e e D rkt uke an o d f S m t. ts. Aln's, cou ba ttot kit tows yesterday raornize for Brighton. Thc Itlnrquis of Camden left town yesterday for his seat. ti e Wilderness, Kent. The Earl and Countess Cowper arrived in town yesterday, f r ., Brighton. Lord Melbourne arrived in town yesterday, from Brighton. Lord Clietwynd arrived in town yesterday, from Oxfordshire. BurleighThe Dowager M hirearchioness of Exet e r left town y esterday, re , lns. l of Arran has arrived at his seat, Bognor, R umex, Nat oßhriTEireharh,e SE t l: to n p a: m en a cer tou h r a . s arrived at his seat, Althorp, N ort b araptoo. Lord Althorp has arrived at the Marquis of Tavistock's .e., Oakley House, Bedfordshire, from Northamptonshire. --` Lord Hervey left town yesterday, for Ickworth Pluk, Suffilk. Lord Daere has left town for his scat, the lioo, If ertftt,J. shire. • Captain Collier, R.N., arrived yesterday at Fent on ' s new 11 ~1,4 St. Jame.'e.street, from flampsbire. Departures frem d.O O Captain Holford, for Bath ; J. Newton, Excl., for Orcord, an . d R. Phillips, Esq., on a tour. Departures from the Bath HOW, Arlington.stre et ,_ carm and Mrs. Gordon, for Southampton ; 14 illiam Holmes, E sq , , for the Continent ; and J. Pemberton, Esq., for Brighton. Arrival at the Royal Hotel, St. .1-limn's-street :—P. F. ue rt, Esq., from Brighton. Departure s f rom ditto :—C o l o.lel Bros:, tor Cork; and the Rev. Mr. Webb, for li'indsor. THE LATE DUCHPSS DE GRANON The following letters, honourable to the feelings of :L e writers, have been addressed to the Lord Provost of burgh:— Paris, Noy 21 I • 82 $ . My Lord,—ln the name of all try family, lam antivs s to tr. press to you all my gratitude for the cares, the atteut;ont, to i b e honours that you have paid my late wife. You wished that this mournful ceremony should be crusd uctEd with the greatest pomp and magniticerce. Your wishes hart pes o more than realized. I have learnt that you, my Lord, the Magistrates of Edirbsto, and other persons of distinction, accompanied the process au as fir u Newhaven. This has sensibly affected me. I recognize in these attentions the Magistrates of that hospitab:: city which sheltered in her bosom our King and his tollorim.../ recognize in them the Scotch, in every age, friendly towards cut nation, whether in prosperity or in misfortune. You have been anxious, in fine, to honour, by ycur attention, a family who, in the day of adversity, had opporuanitie, rf appit • elating within your walls the most noble hospitality, the dttpti: interest. I have the honour of begging you, my Lord, t 9 be .ny interptem towards the Magistrates, and other public authorities of Ed:nburet, entreating them to receive the thanks of a grateful I . 4ti:ly. F or yourself, my Lord, deign to receive the assurance of flee t , igh timents with which I have the honour to be, my Lo-d. Your very humble and ►ery obedient Servam (Signed) The Duke de GRA:4ONT. Tba Right Hon. the brad Provost and Magistrates of k:dinburgh. London, sth Deannber, 50. Portland-place. My Lord,—Having received a letter for your Lotiiship foul the Duke de amniotic, I cannot forward it without adding a fry lines, which I trust your Lordship and the Magistrates of the oty of Edinburgh will accept as the tribute of my gratitude, for t e e very feeling and highly honour a bl e manner i n which the Duke's wishes have been accomplished with respect to the removal o!the remains of my lamented sister, the Duchess do Gramort. des continuing, even when nornoon, these haltering distinctions to it e memory of a regretted member of it, with which all our funny were treated in Scotland, a country which, together wi:h habitants, must ever be esteemed by me. May 1 request your Lordship will Interpret my feelings on this melancholy occasion to the Magistrates of the city of Lim. burgh, and allow site to remain, _ _ Aly Lord, very gineerelv vosn, • (Signed) prince POLIGNAC The Right lion. the Lord Pyovoat and Magistrates of the city of Edinburgh. At an early hour yesterday morning Mr. Secretary Peel unexpectedly arrived at his residence, in Pnvy-eardess, from the seat of the Marquis of Salisbury, at Rattled, Herta, where the Right Hon. Gentleman had been atsneg a short time.' Mr. Secretary Peel, Mr. Secretary Canning, and the Chancellor of the Exclitgaer, had a consultation vestailay with the Earl of Liverpool, at his house at Whitthal!. A Privy Council is summoned for t3-(l3v, et the Recorder of Landon will male a report to t;:f. , King. of the prisoners who received sentence of death at the Octtter Old Bailey Sessions. The Marchioness of Clanricarde is in that state in whiLll ladies wish to be who love their lords. Died, mi Monday, at her house in Lower Grosrenat street, the Dowager Marchioness of Bath, in her ninety. second year. REPRESENT•TIVE PEERAGE OF IBELAND.—State ‘f the poll on• Saturday : lend Farnham . . Lord Mountcashel - 33-2 Dubs 3fcrnin.c. Register, Dee. 12. We are g lad to find that the Dm. Captain Willi= Waklegrave, who wes bit in a battu at Li'worth Castle, on Thursday last, is not likely to suffer any bad eftle:s frotn the accident. At the time of the accident Copts.;. Waldegrave was entirely concealed from the Yiew of his Royal Highness, who was at least sixty yards off. The Earl of Derby's stag-hounds will meet to-rnorrcw st Epsom Downs. FORMAL IMPEACHMENT OF Mr.. °TONNE! l.—We have received an article respecting M. O'Connell's course with Government, which places the conduct of Learned Gentleman in a very strong point of view, and corroborates the testimony of Mr. Cobbett. Weshallpit, lish it on Thursday.—Corlow Mornikg WARD OF FARRINGDON WITHOUT.-7This be again contested this year with unusual viclenee. leas than six new candidates are actively canvassing the r• habitants. They are Mr. Boustield, the solicitor; Mr Ramshaw, of Fetter-lane, one of the unsuccev4ul didates last year ; Mr. Jones, of Fetter-lane ; Mr. Chia!t!, of Fleet-street; Mr. Swift, of Shoe-lane; and Jr. Mr. Ycung and Mr. Patten, two of the present rnersl,: , , have, we understand, signified th:ir intention to te.iin BANK OF IRELAND.—The Bank of Ite'end wt.; to closed against ar.y businers on the '.5:11, 6th, art.! 7:1 , January next, in order to be pt.( pared with the:r err ments tor the assimilation of the currency. Tee pni:a issue of the notes of the Bank of Ireland will, wi lonely! limitation in point of time, retain their prevent gold and silver, from and after the .sth of Jar.lloYy rem;_ IRISH CURRENCY.—AII bankers' notes now tion for Irish currency will retain their pretettt value" gold and silver, and may continue to circulate at the Rar.e rate after the sth of January, without any litmtation point of time. This may greatly assist and render seq.e all future settlements of transactions 'new depeedit Irish currency, and also be of use in meeting the thlfeiiiim arising from the old silver being, withdrawn before dee , a sufficient supply of the new. It is mentioned by a gentleiran just arrived from 1->1 bon that on the great gala thty ordered b tier lire Portugal, in honour of the 13razilian treaty. aI. at it was intended to receive the. Marquis de Coatli-rer. tk Spanish Ambassador, with all puss:hie state sod spicao , '. some of the Nobles and leading merchants took this tuna)/ to express their disapprobation, by goilii,,l""7; dressed in plain coats, made ut brown Zara4cer very fashionable during the time of the Constitutive. stead of embroidered and gay clothes, usitai et such ticular ceremonies. It is sail thet the Kiuc huff very severely, and scarcely held up his head de' ~ the levee. The Gazette of Naples contains an cffirial report to the destruction of the banditti who infested the fume of that kingdom. It appears that there were two — en e the Roman States, comm a nded by the famous tlas!.ani:i. and the other in the Neapolitan term itory, uudar the cr:, ,. of a man named Mezzapenta. They rendered each e mutual assistance, in order to defeat the pursuits of . The Neapolitan Government welt measures te cut ( . 1 , means of communication bet weiei them, and at_ hat aapenta was left alone with tour cf his so:envies. lowed incessantly. he was . obli;red finally to sot tenth r 3t cretins to the Hiker sent to appi e nted him. AllA /.I • S Lost 11A1.1.00:11.—Mr. Gr..hatib te ascent, in company with Mrs. Graham, front de bourboocl of Plymouth, wine) 1: - . - wk place en ex 11,. November, on which oectsis I they so narrowly drowning, has not 111 yet had the good foi tune cn reco • his balloon. He hits in conseaucoice, under tie • that the aerial machine may hey e lm en piel.td tip at • ffettti a reward of 10/. to captains or masted "”• &c., upon the reateratien of it to its rightfe: owner. I I. •,„": ~s~ 8(1 coy tY:c ui Pr i Mil Mil iliT Lire Lici pig a! st a : Br' hay hul t li; Par fie r of t