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

DIPLOMATIC CORRRSPoNDENCE BETWEEN THE BRITISH AND UNITED STATES' GOVERNMENTS. From the Weahlvfon Casette of Jan. 31 AIR. ADDINGTON T0_7411. ADANA. Washington, March 2, 1R25. Sit—led the 6th of Novetnlnw last I had the honour to inform you that I had received full powers from his Mijeety to conclude and sign with this Government a Convention, verbatim the same as that mitered into on the Pith of Mach, last year, between Great Jtritain and the United States, with ail the amendments subset quently effected in it by the Senate, the erasure of the 'words " and America" in the first Article, excepted. In reply to that communication, you did me the honour tn ac quaint me that the President had decided upon referring the whole sitliject to Congress, whereby it became necessary fur you to post pone giving a definite answer to my proposal. Phis resolution of the I':csident was, at the commencement of she sessinn, carried into effect; and I understand that the subject has been under the consideration of Congress. You will therefore, I trust. Sir, allow me now to request to be made acquainted with the definitive intention of the President with respect to the proposition submitted by me on behalf of his Majesty's Government. I have the honour to be. with disunguisned consitietation. Sir, your obedient humble servant, 11. U. ADDINGTON. lion. John Quincy Adams. __MR. CLAY TO Ml. ADDINGTON. Drpa; tof hir.g;on, April S, 1825.. Sit —1 have the honour to infornt you, "that the delay in the trithunission of a definitive sneerer to your note of the 6:11 of No vember last, has proceeded front an anxious desire on the part of the late ]'resident of the United States to ascertain the practica blits of reconciling, if possible, the views of the Governateti , of tt.e United States with thou which are entertained by that of his Vritimic Majesty, in respect to the Convention for more et dually su,ppressing the slave trade. With that object, the correspondence with your Government, and the Convention in which it terminated, together with what has since passed between the two Goverrunents, both here and at London, were submitted to Congress during its late Session. Of that refenmee you were apprised, by the note of rny predecessor. of the 4th December last. It lin so happened that neither the Saline nue the House of Representadies has ex pressed, directly, any opinion on the subject. But, on another Convention having the same object, concluded with the Republic of Columbia, on the 10th day of December, 1824, which was formed after the model of that which is pending between the Governments of the United States and Great Britain. the Senate has expensed a very decided opinion. In the Colombian Convention, the coasts of America were excepted from its operation; and yet, notwith standing this conciliating feature, the Senate, after toll deliberation, in the exercise of its proper constitutional powers, has, by a large majotity, deemed it inexpedient to consent to and advise the ratifi cation of this Convention. . . The Government of his Britannic 3lajesty is well acquainted with the provision of the constitution of the l'ited States, by which the Senate is a component part of the treaty-making power ; and that the consent and advice of that branch of Congress are 1 indispensable in the formation of all treaties. According to the pracuce of this Government, the Senate in sot ordinarily consulted in the initiatory state of negotiation, but its cement and advice are only invoked, after a treaty is concluded, under the direction of the l'resideot, and submitted to its consideration. Each of the two branches of the treaty-making authority is indeomelent of the I other, whilst both are responsible to the States and to the people, the common sources of their respective powers. It results from this organisation, that, in the progress of the Government, instances may sometimes occur of a difference of opinion between the Senate and the Executive, as to the expedi ency of a projected treaty, of which the rejection of the Colombian Convention *fordo an example. The people of the United finites have justly considered that If there be any inconveniences in this arrangement of their executive powers, those Inconveniences are more thee counterbslanceu by the greater security of their inter ests, which is effected by the mutual checks which are thus posed. But it is not bettered that there are any inconveniences to foreign powers, of which they can, with propriety, complain. To give validity to any treaty, the consent of the contracting parties is eeeemary. As to the mode by which that consent shall be ex pressed, it must necessarily depend with each upon its-own pecu liar constitutional arrangement. All that can rightly be demanded in treating, is to know the contingencies on the happening of which that consent Is to be regarded as sufficiently testified. This information the Government of the United States has always com municated to the foreign powers with which it treat., and to none more fully than to the United Kingdom of Great Britain and Ire. land. Nor can it be admitted that any just caute of onnplaint can arise out of the rejection by one party of a treaty which the ether has previously ratified. When such a case occurs, it only proves that the consent of both, according to the constitutional precautions whirl - . have been provided for manifesting that consent. to wanting to make the treaty valid. One must aecertroily precede the other in the act of refill:anon ; and if, after a treaty is ratified by one party, a ratification of it be withheld by Member. it merely silawa that ore is, and the other is not, willing to come under the t,... , 4ationa of the proposed treaty. I am instructed lay the President to accompany these frank and . frierdly explanations by the expression of his sincere regret that, troth the views which are entertained by the Senate of the United States, it would scent to be unnecessary and inexpedient any longer to continue the negotiation respecting the Slave Conven non, with any hope that it can be made to assume a form satis factory to both mattes. The Goeernment of his Britannic Ma jemy insists, as an indispensable condition, that the regulated right of search, proposed in the Convention, should be extended to the Arnericaneoasts, as well as to those of Africa and the West Indies. The Senate, even with the omission of America, thinks it mead. visible to ratify the Colombian Convention. And it is, therefore, drafty to be inferred, that a Convention with his Britannic Ma jesty, with a similar omission, would not receive the approbation of the Senate. The decision Of the Senate shows that it has made up its deliberate judgment. without any regard to the relative state of the Military or Commercial Marine, for all the considerations belonging to a view of that subject would have urged the Senate to en acceptance of the Colombian Convention. It Is hoped, therefore, that his Britannic Majesty cannot fail to perceive that the Senate bas been guided by no unftiendly feeling towards Great Britain. Before closing this Note I must express my regret that I am unable to concur with you in the view which you have been pleased to present, of the Act of the British Parliament, by which ft has denounced, as piratical, the slave trade, when exercised by British subjects. It is acknowledged that the Government of the United State. considered such • denunciation as expedient, preliminary to the cnnclusion of the projected Convention. But the British Par. Lament, doubtless upon its own sense of the enormity of the offence, deemed it proper to affix to it the character and the penal ties of piracy. However much it may be supposed to have been mutated by an accommodating spirit towards the United States, it can hardly be imagined that it would have given that denomination to the fact of trading in glares, from motives of concession merely, cotorary to its own estimate of the moral character of that act. The Executive of the United States believed that it might conduce to the success of the negotiation, if the British Parliament would previously declare, as the United States had done, the slave trade en be piratical. But it did not follow, from the passage of that Act, vat any treaty, in which the negotiation might terminate, was to be taken out of the ordinary rule by which all treaties are Orally submitted to the scrutiny and sanction of the respective Govern. menu. No peculiar advantage has accrued to the United States fore the enactment of that British law. Its continued existence, moreover, now depends upon the pleasure of the British Par liament. But there is no disposition to dwell longer on this subject. The true character of the whole negotiation cannot be misconceived. Great Britain and the United States have had in view • common root of great humanity, entitled to their highest and best exertions. With respect to the desire of attaining that end, there is no differ mos of opinion between the Government of his Britannic Majesty . and that of the United Slates, in any of its branches. But the Senate has thought that the proposed Convention was an instru ment not adapted to tho accomplishment of that end, or that it was otherwise' objectionable. And, without the conetirrerme of the Senate. the Convention cannot receive the constitutional sanctions of the United States. Without indulging. therefore, unavailing regrets. it is the anxious hope of the President, that the Govern. meet of his Britannic Majesty should see, in au .hat has occurred, melting towards it unfriengly on the pan of that of the United States, and nothing that ought to slacken their separate or united exertions in the employment of all other practical modes to effectuate the great object, so dear to both, of an entire extirpation of a traffic which is condemned by moan, religion, end humanity. pray you, Sir, to accept the essuranceof my distinguished consideration. H. CLAY. • I Amy U. Addington, Esq." Charge d'Affaires front Great &Jain. lt Je. ADDINGTOW TO ierr. ('LAY. Washington, 9th of April, 1625 Sta—l have the honour to acknoviledge the receipt of your letter of the 6th inst. in which you announce to our the definitive decision of the President with regent to the Convention for the RUM effectual suppression of the Slave Trade, which 1 hail t h,. honour to submit for the acceptance of this Government, on the 6th of November last. . . . . _ .. _ ........._ . _ .. In expressing my regret at the failure of the benevolent efforts which have been eo. r..loycd in a arose so dear to humanity, I may venture to usure you that, however deeply his Majesty's Govern ment may deplore the pri,sent disappointment of their hopes, they will consider the tinfur , unate issue of this business as in nowise affecting the friendly net tugs which exist between the two Govern. metro, and will accept, with pleasure. the exprerion of the Pre sideerr's desire, that every exertion should still be used for effecting }he entire extirpating or that odious traffic, which the Convention girl designed to supwe.s. I cannot dismiss tins sohiect without a brief observation on that 'pet of your letter in whiCh you a nimadvert upon the argument employed in mine of tli.. 6.11 of November last, relative to the Act passed by the British Parliament, for denouncing the Slave Trede as piracy. The ex pressions used by you would lead to a belief that I had represented the passage of the Act, on the part of Great Britain, AS modeling it imperatite on the Ameriesn Government to concede to the Convention, even at the expense of a sacrifice of their oonstitutioneal prerogatives. A reference to the expressions of my letter will, I apprehend. at Waco denionstrste tin erroneousness or this impression, by shelling that I pro the emit as a point of conscience, not one of right. and tl.at I urged the argument above alluded to in the form of an ap peal, tilt of a dernanil. The' enunelatioa of the slave trade as piracy, by British statute. w steie, by this fl.t.vernment, a stir inel Wei to the signature of t Convention . As far as Great Britain was concerned. that ro ii iii e •g, tiding's perfectly :onformable to the views of Pohlman, . . . MOM girtl4o. THE BRITISH PRESS. to carry on the war with the utmost vigour. The Imperial Court, it appears, took such offence at the state papers issued on the sth of November by the Government of Buenos Ayres, regarding the Banda Oriental, that a change of Ministry immediately followed, and a large military force was embarked for Monte Video. We fear that the hostilities thus rashly commenced will be attended by results of the most disastrous nature to the Emperor of BRAZIL. There can he no doubt that the Government of Buenos Ayres will, if there should be need, be supported by the other Republics of South America. The monarchical insti tutions of Brazil are viewed by them with an eye of jealousy and dislike. Don P Limo was not invited to send a Minis ter to the Congress at Panama, where this quarrel will certainly be discussed, and as certainly decided to have originated in his wrongdoing towards the Banda Oriental. There is besides a strong republican party in Brazil, ready in a moment to avail itself of any misfortunes that may befal the Imperial Government. No situation could re qnire more prudence than that in which the Emperor of BaAzit. is placed, but we suspect that no sovereign is more unfitted to cope with the difficulties he has created. Sir CHARLES STUART embarked on the 2.3 d of November, in the Diamond frigate, which sailot on that day fur Bahia. Two days previously a grand entertainment was given to his Excellency, at which all the officers of the Wellesley, 74, and the 'I artar and Diamond frigates, were present. Each English mercantile house subscribed 1,000 ingress towards the expenses. We regret to learn that the intelligence respecting the Brazilian Mining Associations is very unfavorable. One letter states that two Englishmen have been murdered by the natives, and that the Government had recalled the miners generally, to save their lives. The letters from Lima, by the Tartar frigate, are dated to the end of September. Rout,. still held out in Callao. The following is the extract of a letter, dated Rio Ja neiro, Nov. 20 ; " I hasten to acquaint you with the great political events which have taken place here, occasioned, as it is stated. by the events in the Banda Oriental, and the despatches recently received from Buenos Ayres. It is mentioned there are also threats received of the cu-operation of Bolivar with the forces of Buenos Ayres. However this may be, war is certain—the political changes here are as great as unexpected ; the Ministers ■re all changed, and Mr. --, newly arrived from Europe, is the chief of the new Go vernment; 1500 men were immediately embarked, and a flaming proclamation issued. Sir Charles Stuart is disgraced, his media tion being pointedly rtfased, and he sailed on the 23d. in the Diamond frigate, for Bahia ; beset off in a great huff. To all ap pearance this war will be prosecuted with the greatest vigour; trade is therefore entirely at a stand still ; the Exchange has fallen from 53, to 52." The Times, in a spirit of prediction—equally remarkable for its bad taste and its bad English—undertakes to antici pate what will be to-morrow the leading features of the xc's speech. " The state of public credit, and the dif ficulties of the money market, can hardly fail of making topics in the KING'S speech at the opening Session of Par liament. It is painful to us to revert to the subject of our finances, so many deceptions have been practised on the nation under this head. His AIAJESTY will, however, unquestionably tell us of the state of the Sinking Fund, and the great reduction of the National Debt, which has been effected by its operation." This confident prophecy, we suspect, is intended to whet the appetite of the reader for the extracts which follow it from Lord LivEnroor.'s speech, in the year 1819, on the subject of cash payments, in which allusion is made to the reduction of the debt by the operation of the Sinking Fund, after quoting which the writer proceeds to inquire what is become of it. " Now what, we ask, is become of this Sinking Fund?" And he immediately follows up this question with " where is the Sinking Fund /tsar'?" These rapid interrogatories remind vs of Dom' NtE SAMPSON. " Where's the pundit ?" But the Times journalist, too impatient to wait for an answer, replies to his own question—" absorbed by the improper expenses of this lavish peace establishment, or, if it exists, His MAJESTY'S speech may disclose where it is, and what are its effects." We do not think it at all likely that the Royal Speech will make any reference to this topic, there being nothing which can call for any allusion to it ; but if this writer wishes fur any information, he may readily obain it, if he will be at the pains to consult the parliamentary proceed ings of the year 1819, to which he adverts. Ile will there find that this Sinking Fund was appropriated by Parliament to the current service of the year. It was also at the same period charged against Ministers, that they had done nothing towards reducing taxation or the burden of the public debt; which accusation was replied to, by showing that in three years from the termination of the war the people had been released from a portion of this burden amounting to at least 15,000,000 i. of taxation ; and that there had been paid off from 25 to 30 millions of un funded debt, from which it appeared that more had been done in these three years than in any other period of peace since the Revolution. We turn our attention again to the principles of political economy, as laia down by Mr. RICARDO. We have already remarked on the extraordinary doctrine which, in his chap ter " on sudden changes in the channels of trade," be lays down as the last policy of the State,•viz. " to lay a tax, decreasing in amount from time to time, on the importation of ftweign corn, for a limited number of years, in order to afford the home grower an opportunity to withdraw his ca pital from the land." Whether the fault is in ourselves or in the style adopted by Mr. llicaano, we will not under take to say, hut certain;st is, that when laying down posi tions which, from their Importance, require to be expressed with the utmost cleathess, In: is absolutely—to us at least —unintelligible. After asserting that it would be " pro ductive of wealth to the country, at fehatccer sacrifice hi ea yital it might be done, to allow the importalp of cheap iont," an assertion that is inconsistent Kroil l iMe very face of it, be proceeds thus— " In examining the question of rent, we found that with every increase of the supply of corn, and with the conse- Tient fall of its price, capital would be withdrawn from the poorer land, and land of a better description, which would then pay no rent, would become the standard by which The natural price of corn would be regulated." • Now we really cannot understand what is meant by this. In the first place, it seems taken for granted—but on what groundi We know not—that capital being withdrawn from land too poor to repay the expense of cultivation, "land of a bater description would then /my no rent ;"—and in the *peat place we arc wholly unable to comprehend on what principle it is that this " better description of land," which will afford no rent, can " become Pe standard by which the natural price qj corn would be regulated." What is 'meant by the natural price of corn•? If corn has a natural )wice, how can that price require to be regulated by any description of land ? How can land which offords no rent become the standard of the natural price of corn grown on other land, which does pay rent. As well might he have said, that a cow with a false quarter, that yields nothing te thepail, will become the standard by which the ,--- . • I Mature/ price of milli will be regulated ! If this be so, all that we can say is, great are the mysteries of political eco nomy. If these doctrines were mere matter of amusing specula tion, it would be of no great importance whether we could exactly trace them to their true consequences or not. Put when we find them taken up in practice—when they are resorted to as materials for Statesmen to act. upon—when they arc given as the great persuasion to a total change of system in our trade—domestic and foreign—this alters the case greatly ; for here an error in reasoning may bring ruin over our heads. And in spite of all the labours of Messrs. Ittesnno and WO: I.r.orn, and their disciples, no theory of commerce, how( ver liberal it may be, can give the law to circumstances. The " Causes of the Wealth of Nations," after all the unravelling of them by ADAM SMITH, or by the wisest of his followers, are dependent, for the most part, on accidents Wlv.lly unforeseen, and on events which, in defiance of our sagacity, work out their own results. It is in vain that we endeavour to lay down rules, or to frame systems ; an unseen agency is going on, that oftentimes out of evil brings good that never wam ex pected, and that laughs to scorn all the speculations of the closet on " the origin of public wealth." In vain we en deavour to think otherwise, or to act as if otherwise we thought ; it is in the scheme of Providence, and our phi losophy cannot alter it. _ _ It is impossible to reflect at all on the proposed withdraw ment of agricultural capital, without perceiving that it is the scheme of a visionary. Mr. IticAlma does tiot wait for the objection, but takes the ball by the horns. " It has been said that capital cannot be withdrawn from the land—that it takes the form of expenses which cannot be recovered, such as manuring, fencing, draining, &c. which are necessarily inseparable from the land." He anticipates the objection very courageously, but there is a lamentable deficiency in his vigour when he comes to re ply to it. " This," says he, "is in some degree true, but that capital which consists of cattle, sheep, hay and corn ricks, carts, &a. may he it ithdrawn ; and it always becomes a matter of calculation whether these shall continue to be employed on the land, nAwitlistanding the low price of corn, or whether they shall he sold, and their value trans ferred to another cm Novo:eat." A man must be a sadly superficial thinker that can reason in this manner. Why, the ploughs, carts, wagons, &c. of the farmers will, in his scheme,h3ve already lost the whole of their value ! The instant you compel them to withdraw their cir culating capital from the land, thefised capital becomes use less, and is worth nothing. All their implements of husbandry —their barns and outhouses—their agricultural machinery of every kind—what are they worth when the land is thrown out of cultivation ? Such articles at an auction would find no purchaser. When the land was out of tillage, who would buy a plough ? Ile might as well buy a pulpit. And yet Mr. RICAItDO talks with as much ease about their being sold, " and their value transferred to another employ ment," as if hay and corn ricks u ere as negotiable as Ex chequer fills, and the dead stock of ruined agriculturists was as convertible into value as the Three per Cent. Consols. But there is another class of agricultural instruments, and the most important of all, which lie has wholly passed over—the labourers, whose,fired capital is their skill and in dustry, which, when the circulating capital is withdrawn from the land, becomes wholly unproductive. Where is t 4 is capital to find employment ? Thcy cannot turn it over from the market of grain to the market of manufactures. They cannot go from the ploughshare to the shuttle, or from the team to the spinning-jenny. 'We would entreat the disciples of Mr. ltienano to settle these difficulties before we proceed to bring ruin on the land ; it would be well, at least, that we should see some intelligible solution of them. PITY , irEDNESDAY Evrwma. In spite of a host of sinister reports of every shape and complexion, the money market was evidently in an im proving condition as soon as business commenced this morning. By spreading alarms, foreign and domestic, the party who are busy in depressing the price of stocks suc ceeded last night in getting Consols down to 791. They opened at dist quotation this morning, but soon advanced to 80! I. The amount of the transactions however was not considerable, and after some trifling fluctuations, Consols closed for money at 80, and for the Account at suf. Exchequer bills reached 2 premium. 'rite Foreign Market was languid, and prices were rather declining. Colombian Bonds closed at 591 ; Mexican 1 per cent. 661 ; Brazilian 621 ; Greek Bonds remain steady at 161. In Spanish Stock there was a decline of nearly 6 per cmt. The old bonds closed at 111, the new 7. Some shares of the Carthagena and Anglo-Colombian Mining Company were sold at 2 pm. Anglo-Mexican are very heavy at 2k discount. New United were 4 5 premium. Potosi 23 discount. Au Express arrived in the course of the morning from Paris. The Rentes had declined about I per cent.; the prices were 98f. 67c. Letters from Demerara of 16th December mention the colony being in a tranquil state, and that they had fine rains, which made the crops look promising. Accounts from St. Thomas's, dated December 12, state that several Spanish cruisers had appeared among the islands (one account says four) ; they had made several valuable prizes. Two English merchantmea were reported to be captured by these freebooters. We have received a file of Canada Papers to the Ist ult.; their contents are not of importance. The Upper Canada Herald gives the proceedings of the Provincial Parliaments at considerable length. The subjects of discussion possess, however, only a local interest, with the exception of a mo tion for securing to Nrierican-born settlers the natural rights enjoyed by the natives themselves. A large majority oldie Assembly seemed to be much in favour of the pro posal, but it was feared that a majority of the Council would not allow the rights of suffrage and eligibility; the hope y a favourable result depended upon the despatches of Lord Bathurst, and the Message of the Lientenant-Coverocr, in which an enactment, securing to those inhabitants all the rights and privileges of British subjects, is strongly recommended. Advices from New York commtlicate the following particulars of the arrival at the Havannah, on the 18th of December, of the Spanish expedition which sailed from Ferrol:— _ "IfAVANNAH, DEC. 21. " The long.expecied expedition arrived here on the 13th inst., consisting of the Iberia, Leaked, and Perla frigates. slid Vengador brig, having nine transports under convoy, with 1,500 troops on board. Oneship, With 310 men an board, had not yet arrived ; and 7411 men. it is said, were landed in Porto Rico. The two frigates, Iberia and Lealtatl, are new ships, and of a large class. mounting fifty odd guns each, sod arc very line vessels. two brigs of war are to sail to-day in Tiest of the missing ship. The arrival of this fleet has inspired the Government with more confidence." It appears by the New York Papers, that a statement was circulated at Montreal, on the 28th of December, df the failure of the North West and Hudson Bay Fur Com pany, for the s attount of about 850,0e/0 dollars; but counter-statement.was published in the ilford , eal Herald of the 31st, on rite part of the merchants conducting the concerns of, that• Company, in which it was announced, that " thou et ip consequnce of the death of one of the partners, and the absence from the country of another, in bad health, ft has been deemed prud e nt to suspend the operation f the concern for the present, with the view of ultimate arrangements, yet that nothing could he more prejudicial to these connected with the respectable firm than any suspicion of its future solvency; the moat ample satisfaction itaviug been siten to all concerned of that fact." THE OPENING of Me FRENCH CHAMBERi. By an extraordinary express from Paris we have re. ceived the Etoile of yesterday, containing the account of the opening of the French Chambers on Tuesday. Th e Royal Speech is not long, but it embraces many topi cs , sad is altogether one of the best documents, both as to style and substance, that we ever recollect to have been delives e d to the French Legislature. The death of the Emper or Atozatssrnea is noticed almost, we think, too bet e g y. A convention is announce d b etween t h is country sod France for the regulation of the reciprocal navigation of the two kingdoms and their colonies. The recognition of the independence of Hayti iE stated in clear and express terms. The finances of France are declared to be so flourishing, that after providing for the improvement of the condition of the clergy, and increasing the allowances for several services, the Government will be able to reduce the direct tares to the extent of nineteen millions of francs. Lastly, th e Kixc informs the Chamber that a law will be submiued to them to prevent that excessive subdivision of landed pro. perty, which is truly said to be essentially contrary to the principles of monarchical government. In conclusion is MAJESTY promises to watch with equal solicitude over a 1 the interests of the state. The usual loyal enthusiasm was manifested by the members of the Chambers at the close of the royal sitting. The French Funds on Tuesday are thus quoted in the Ours Authentiyue : PAItIS. JAN. 31.—Fire per Cent,. opened at N( CSe. ; firmed at 99E—Three per Cont. Consol% opened at 136 f. 7k. ; closed at I4f Bank Stock, 28340—Rente de :Sepia, 77f. 25c.—Ruyal Sparath Loin, 49E—Ilaytian Loan, 790f..—Exchange on London, oLe month, 25f. 25c. ; three ditto, '2sf. [From the Etude dated Wedaesday, Feb. 1.1 ROYAL SITTING. Paolo, JAN. 3I About II o'clock the Peers of France, in their state robes, errivr successively in the saloon appointed for their reception. They the entered in a body the Ilan of the Royal Sitting, having at their head the Chancellor of Francs ; • Haissier of the King's Chamber an. flounced them. Soon after the Deputies were announced in the same marine. They were preceded by M.Chilhaud dela Rigaudie, the Senior P-e. silent, by the four Provisional Secuetari,s, and 20 3lenabri. composing with them the great deputation. Their Royal Hightmses the Dauphines,, :Beldame the Duchess of Berri, the Duchess of Orleans. and Mademoiselle d'OrMaris, took their seats in the gallery reserved for them. At one o'clock a salute of artillery, fired from the Esplanade of the Invalids, art. flounced the departure of tl.e royal procession. liis majesty aLI the Princes passed through the great gallery of the Museum ard the gallery of Apollo. The King stopped fur some time in a where he received the compliments of the great deputation of the Chamber of Peers and the great deputation of the Chamber of Deputies, and then proceeded to the estrade in which his throne :5 placed. Cries of •• Vivent le Hui !—Five les Bourbon:a !•' wers repepeat several times en the appearance of the King. - The Dauphin and the Duke of Orleans placed themselves he. fore their seats, the first to the right, the second to the left of the King. The Duke de Bourbon was on the right of the Dauphin. The three Princes were in the eostumeof Peers. The Grand Chamberlain, the Grand Master of the Ceremor:es, the Great Officers of the King's Household and of the Crown, de Marshals, the Ministers of :State, and the Counsellors of :State, placed themselves according to the cerernomal prescribed. Tha Chancellor of France was in front of his arm chair, and at the upper bench, reserved for the President of the Council, the Keeper or the Seals, the Ministers of the Interior, the Marine, and the King's Household. The Heralds at Arms, &c. who had led the prices. lion placed themselves on both sides of the estrade. The Peers of France, the Deputies, and all the spectators, remained standing when the King sat down on his throne and covered himself. A profound silence ensued. His Majesty said—" My Lords be seated." The Chancellor said to the Deputies—" Gentlemen, the Hirt permits you to be seated." The King then took off his hat, saluted the auembly, and de. livered the following speech : "GENTLFMEN:--il is with real satisfaction that I see myseq again among you. Attentive to the movement of people's minds (vs mourenacut des writs), and to the course of afikirs, I have judged that no serious motive required that the time when I proposed to call you together should be anticipated. My foresight has bee❑ justified, and I am happy at not having abridged the repose width you were allowed to depend. " Death has just struck, in the midst of his career, one of try most magnanimous Allies. This loss has profoundly afflicted my heart. I receive from his successor, as weal as from the other Powers, the most positive assurances of the countenance of th•:r friendly dispositions; and I have the conlidenze that nothing will impair the harmony between me and my Allies, for the tranquillity of rations. " I haveeconcluded with his Britannic 11Iajesty a convention, which will render more uniform and onerous the condition to which the reciprocal navigation of the two kingdoms and their colonies is subject. I expect from this arrangement Loopy results for oat maritime commerce. " 1 have determined to fix at length the fate of St. Domingo. The time was come to dote a painful wound, and to put an end to a state of things which compromised so many interems, The definitive separation of this colony, which has been lost to ut for these thirty years, will not disturb the security of those whir: we preserve. " A law became neceaaary for the division of the indemnily which I have reserved fur the ancient planters; it will be proposed to you. " I shall immediately cause to be laid before you the accounts for 1824, the statements of the receipt and expenditure of lan, and the Budget of 1827. The development of our commerce and our manufactures daily increasing the produce of the taxes in consump tion and transactions, will allow an amelioration of the situation of the Ministers ot , our holy religion, an increase of the dotation et several of the services, and make it possible to reduce by 19 millions more the direct taxes which have already been dimini,hed this year. " You will rejoice with me, Gentemen, at thus finding, in the progress of our internal prosperity, moans to reduce the burdens which are the most onerous to the subject. " The Legislation should provide, by successive ameliorations, for all the wants of society. Progressive subdivision of Liaaiid petty, essential contrary to the principle of Monarchical Govern ment, would wenken the securities whtdh the charter has given to my throne and to my subjects. 3leans.will be proposed to you, Gcntltsmen, to restore the agreement that should exist between the po!itical law and the civil law, and to preserve the patrimony of families, without, however, restricting the liberty of disposing of property. " The preservation of families leads to, and guarantees poli. tical stability, which is the first want of a State, and especially that of France, after so many vicissitudes.- ' " You will second me, Gentlemen, to accomplish the (testers which I have meditated, and to insure more aud more the happi ness of the people, whom divine Pro‘idence lies intrusted tO care. You will not be more moved than lam at the inconsiderab , ' alarms which still agitate some minds, notwithstanding the sae rite we enjoy. " This security. Gentlemen, will not be hazarded depend upon it. I will watch with equal solicitule over all the intenste of the State, and that I shall hnd means u. conciliate what is required b; the exercise of legal liberties, the maintenance of order, and •hc repression of licentiousness." This discourse was followed by Ole most lively acclamations. — It would be difficult to give an Idea of the enthusiasm of the as. aembly. The Chancellor, after having taken the King's orders, rewl the form of the oath for the Peers named in the interval of the Sessions. The Chancellor, after having again taken the King's orders, Bald • ." I declare, by order of the King, that the Session of the Cham ber of Peers, and of the Chamber of Deputies of the'Departmerns is opened.. The Peers and the Deputtes are invitedjo meet to• morrow, in their respective Chain Lets, to comtneuce the course ci their lahiturii. The Shing broke up amidst the cries of--" Vire le R0t."... " Vivent lea Bourbons•" The King and the Princes of his famiiy again passed throne' the galleries of the Jivaeum, arol a salute of artillery announce.' their return to the palace of the Tuileries, ' The Chamber of Peers will be employled to-mormw in the form , atlon of its bureau, and will be able immediately to appoint the —"raw up the address. 7 er the Chamber of Dephties tomorrow will pro. ' to balloting and asathibling the bureaus. The wi bably be. ' V .4ik gmond tumidity, was one of pure supererogation, and conferred no tower towards the suppression of the slave trade, not possessed kre hire. Had the Government of the Veiled States not extremity de sired the enactment of that statute, it would never have been pa-lard but, being permed, its revocation, although certainly within the competence of Parliament, is new, by the interposition of subse quent events, renderered tantamount to morally Impracticable. These circumstances will. 1 apprehend, amply justify both the form of the argument which I built upon then, and the warmth with which I urged it. I offer the preceding remarks, not by any means with a view to invite to further discussion, but simply in order to obviate all misconstruction of the meaning of word' already employed by me. I have the honour, Sir, to renew to you the assurance of my dis tinguished consideration. 11. U. ADDINGTON. The Hon. Henry Clay, Secretary of State. . PRICKS OF lIRITISH Rink Stork 214 213 Ditto Acct. $ pa Cent. Red. PAY j I 3 pet Cant. Con*. 793 tsO 791 Man Ant. 701 84.) 1W 14 per Cent. 119 i Si per Cent. lied. 1301 09 am rpoc ; C YESTERD V. Kew 4 per Cam t 7 i Loaf Ann. IS 15 1 1.11 Snell. Stock 136 Ea. Rills I,ooiii.par 1 Ms Ditto. MIL par I dis I pro Ditto Small 2 4 pon Lottery Tickets 101.19 x. PRICES /I , FUR} lUN Austrian Bonds 92 1 2 Ditto Acer. Btasilian Bonds Ditto Acct. 1;34 24 Buenos Ayres Bonds Columbian Bonds Ditto Bonds (1024) 574 13,1 9 114 Ditto 9 Acct. 58 74 114 4 94 34 Danish Bands (1823) 59 DI is Acct. WI French Rentes 5 per Ct. 90f. 25c. Exchange 25;'. 15c. xl'o4:ka Y BST Eft toA . Greek Bonds (1828) 171 tat a IV 184 t Ditto Aect.lB 19 In !Baskin' Bonds Ditto Bonds (1825)07 63 7 q Ditto Am. 664 foi 7 14 61 Peruvian Bonds 41 Prussian Bonds Ditto Bonds (1822) 924 Russian Bonds till Ditto Ma. 84 4 31 4f Spanish Banda 12 11f Ditto Bonds( HISS) 8 PRICES OF 1311.111 11,111 HK$ 7135TXRDAI. ■rr. NM: ►rd►nhrw per swiss. a a 2' G2i die 190 1a die 00 5 Y f pm fitsi Anglo-11atlean XI Angle-Chaim Brazilian Colombian English Famatina. 250 124 par Pasco-Peruvian Potosi La Pas & Peruvian Au 5O 5 3 21 dis . _ ---- is 1 9•lfi United Mexican Ditto Ns, 4O 10 4i 53} 4 Welsh Iron and Coal 2S 20 71 dis •ND COIF: CO MPA. ILS. United General SO I.i Cri dis LION Liverpool and Manchester lOO 6 19i Attscel I.AN6Olrf. 100 3 Australian British Iron Pearl Fishery, Yellow Provincial Bank of Ireland lOO 10 4 4 dia Was India Company 100 5 2i dis DRITRY-LANR 7'REATRE. This Evening. THURSDAY, Feb. 2, will be performed (4th time) a uew National Ballad Opera. called 11141.YINA. The principal Characters by Nessrs.N allack, Sinclair, Hero, Redford, Harley, and J. Russell; Misses Stephens, Puvey, and Kelly. To conclude with the Pantomime of 11,14LifiM,iiii[Ch ALI. TRAIIES. Illawleguln, Mr. Howe I; Pantaloon, Mr. T. Blanchard Clown, Mr. 11111: Columbine, Min Barnett. To-morrow, Idalviaa; and the Pantomime. COVENT-GARDEN THEATRE. This Evening, THURSDAY, Feb IL will be performed the Comedy of A BOLD STROKE FOR A IS IFE. Colonel ' , Ammon, Mr. CKemblie; Perch/Intik), Mr. W. Farreo ; Obadiah Prim, Mr. Enweett.; Freeman, Mr. Cooper; Simon Pure, \lr. Meadows. Ann Lovely, Mks Jones. After which the new Nees of FORAM ; or, THE GIRL Or pax. '7l.e chamfers by bleirrs.fgeru.n,C.T)per..sind Connor: Indies Lacy and Goward, and Mid. iilorer. To-morrow, Clarl; Charles the Second; and Xora. The BaaTISH Pates commenced publishing yesterday morning al five o'clock. LONDON, THURSDAY, FEBRUARY 2, 1826. The Journal des Debate of Tuesday, which arrived by express at a late hour last night, states that letters have been received at Trieste from Corfu, dated the 19th of Ja nuary, which confirm the defeat of the Turks under the walls of Itlissolonghi. Near 3000 Turks and Egyptians were killed. It is added that COLOCOTRONI, profiting by the march of IBRAHIM PACIIA to Patras, has taken Tri poliaxa by a coup de main. The Greeks were filled with I.loy. The Paris Papers received yesterday put an end to all uncertainty with regard to the undisputed reign of the Em peror NICHOLAS. The armies of the South have taken the oath of allegiance, after being officially informed of the abdication of the Grand Duke CoNITANTINR. The Ca tholic clergy of Poland have also testified their fidelity. The Etoite publishes the speech of Prince DoLGORUCKY to the King of BOVARIA, in execution of his mission to notify the accession of the new EMPEROR. The senti ments of this speech are in exact accordance with the pre vious declarations of the Russan Court. On the 14th inst. a Manifesto was issued at St. Petcrsburgh, remitting or mitigating sentences and fines to which individuals had previously made themselves liable. It expresses a hope that this mercy will not diminish that salutary fear of the laws which ought to be preserved. The news from Greece continues to be daily more fa vourable to the patriots. So anxious, it would seem, are the Divan now to conclude the war, that several Greek priests have been ordered to follow the Turkish Commis missioners, with the view of insuring the success of the negotiation. [From the Etoik dattd Tuesday, Jan. 31.1 OrIESSA, ..1 AX. H. Since the news of the death of the Emperor Alexander reached Constantinople, the Divan has had several extraordinary meetings. On the 22d a grand council took place, at which assisted all the ministers. The result was, that several couriers were sent off for the Mores, as well as to the Viceroy of Egypt. Several Greek priests received orders to follow the two Commissioners Extraonli. nary, Hussein Bey and Redschid Effendi, who had already set out for the Mores, with a view, it is said, of inducing the Greeks to secept_the proposals of shove Commissioners. They quitted Constantinople on the 2.14.1 ult. Many reports favourable to the Oreelerriwe circulated in this place. All the corps of the Russian army of the south, including the . of thwarmy of Bessarabia, have taken the oath of tiJelity t o t mi. perm Nicholas, after being officially informed by th e i r off the abdication of the throne by Constantine, and have rc the.oath which they had taken to the latter. Theatholic clergy, all the bishops at Warsaw, the sufrragans, the eloper of the metropolis, and the heads of the religious orders, on tligrh took the oath of fidelity to the Emperor Nicholas, in preserve of Bic Archbishop Primate of the kingdom. [From the Pilule of Monday. PAP. 19, JAW. 29. Tbe sccaunts which we receive from various parts of Oreere con. firm the defeats sustained by the Turks and Egyptians in their winter out:vigil. Though we have not yet any very circumstantial de• oils bf the last attack on Illissolonglii, it is not possible to doub t that it sustained a fresh attack on the 27th December, and that the enemy were repulsed with considerable loss. Leis known that Ibrahim had been dented on the 7th Dec. in the Isthmus of Corinth, and that he had retreated to Patyas, where he marched towards lissolongbi to try a last attack upon tha' town. It 'is said that being setptainted with the pliin of the Turks, bad landed 1;100 men at Vastladea to await the cdent. It ‘lt affitkted that the artillery of Ibrsiiim was directedl4Aus. trians and Frenchmen. FRE NCH FI!P/115.—PAnts, ,rAw. 30.—Five per Cents. Thee per Cents. ; Bank Stock, 2050 f.; Iternb 77f. Me.; Royal Spanish L0an,11123, 49f. ; HitycfoA,mti, 7919. lischnnge on I,tindon—t):ie, month, 23f. 21.1c 7 4,thfee siontbs, 14f: 93c.—Coive Autherativec. ' t The private letters eeceivelf)essgrdayAkßi* Janeiro by the Tartar frigate Fountnamicafe . irse 'Ode of great inisortanre. BraziljanAilSyeite lithe pr a if, real mediation of Sir I sf,S10 1 !.; Sltgakstiln the•dus -104 with , Buenos Ayrii, vid itritiiinsett its tietermiziation • ~" . , FL ; i - ~' c 1 F'