The Sun. — London, England, 1816-11-09 00:00:00

AMERICAN PAPERS. The Govecnrnitie of the United States have ex perienced some disappointment in their wishes regarding specie payments, and in consequence a notice was issued from the Treasury Depatttuent,. dated Sept. 12 : " That from and after the 20th clay of Fe , hruary, -}S.I7, all duties] taxes, debts, or sums of money, 'accruing or becoming, payable to the 'United Sttites, nan;;t be paid and collected in the leg.d currency• of the United States, or Treasury notes, or notes of the Bank of the United States, 'or notes of banks which ° are payable and paid on demand in the legal currency of the United States, and not otherwise." - Atter a panegyrie:on Mr. Dallas' merits as „Se ctetary,of the Treasury, it is stated, that on his leaving office the Finiree' At Ministration is pus leased "of a rind competent to the ,extingnish " rnent of the Nation:ll Dt..ht in the short period '' 4 . 1'4 years -."—That by his skill and manage ment-- _ I. The embarrassments of the treasury, owing to the dis ordered state of the currency, have been so subdued, without the aid Or co-operation of the state :banks, that the public ettragenteirts can he paid in the local currency, wherever they 'lncome due, except in the-eastern States; and, even there, the treasures now operating are calculated to restore the capacity to pay in the local currency, before the ex p iration of . the present year. 2. The floating debt, consisting of temporary loans oh taioutl by the treasu.y since the commencement of the late war, has been paid. floutiT:r, debt, ionsistine of treasury notes of all de timolnutions Which have been is . sited, has been rcitoced from the sum of 38,133,7 Di dollars, the aggregate of the issues, to an estimated out-standing amount, pot excroitiug 5,000,000 --dollars, wilier.) cannot fail to be,.diichavged before the expiry -tion of the present year. .• • 4. The amount of the funded-debt bas, - on the- one hand, been augatentril by the operation of funding TreiteatqNoteiv; toil on tire other;f h+n,t; it h:ts heel) Tettucetrby the quarterly reitwbursements'of the principal of the old stock, as well as by pin chow, The, pegregate alOoont 'of tire public tli•lic funded and floating, WAS skated au tlivt3th of February, f's ( . 3—, To he theitunof• — • • • - ' 148,60(4692 . e 93 But on the 16t s , of.latittart, 1817,.(tber float.' • inn debt heir/ exthiguished, , reirriburserneuls of the Pi.incipal of tlo.. ~Id stoeitheing effected) the vilode amount the public debt will, proliahly,,Wot, exceed the • . sum of ' -109,741,272 . . - Making a general 14duction, between the 1 I.llof February,. 1816 t, and the Ist of Ja twat y, 1617, of public debt hearing ,inter;st, ant/muting:to the stun of 5. The whole amount of the liquidated and ascertained tir rearages of the war ; ex,peutliture pitri•ensple protialota exists to discharge alt the unbiluitlated.Clahns, - fur etipPlies and services, to the extent of the highest rstimitcs Lit hut° formed. . 6. The whole amount of the demands upon the Treasury, • • ttr tuts principal and interest of the ; public. 4ebt, payable abroad as wcll as at home, and the aihole amoAnt of the de mand to satisfy the deb contracted in Europe, o n tccount of the war, are the subject.; Of:nii• aniple prvision. 7. Ttic nunu 1 surplus of the extatin revenues, besides fur nishing antide woos . fur 'Public improvements, w1)1 enable Congress to ynritit the 'stoking fund, so as to enstise the ex tinguishment of the whole of the public debt, in a period not i.)• .i exceeding 12 yeafs. S. The cri;dit"stirds high both in Europe •and Ame rica. The apparent depression : of tiva public stock and of Treasury nOtts, in 'some of : the American markets, is to be entirely ascribed to local causes, which ate .rapidly passing away. .Ibt• revival, of 14, metal' currencyic is alone wanting to give tollie public stud:, in thelEu.ropean mallets, a Value' bcyonditta,r of any other Government. Then conies a .btatentent of the Finance for 1816 is the result of which is, that .thedemands on the Treasury by acts of appropriation amount ill; to 32,475,303 dollar: have been discharged to the a mount of 26,332,17.1; making an unexpend ed balance of,the appropriation on the Ist of Augnst, 1816, , 0f 6,143,129. if le gross annual receipts at the Treasury, .for the year 18 , 16, are calculated to amount: - to about 65 - ,702,63 1 Mere are then two calculations, one malting the surplus ;of Itevenne over the expenditure of the year 29 millions, and another only nine wit- Boas of dollars. This discrepancy is , not , easily recottelled,bitt thereii a great deal too mach of hypoilic4s in the whole of these statements and calculations. An I?.stimate of the produce of Cus tows follows, so strikingly loose anti inaccurate as tai isr.ve Ito value to a British reader. The whole ofthis reviewing Budget concludes thus A comparative v :cw of the gross product of the coNtoms some of the principel 'districts (em hvacing_ 10 , 1 r the districts prroducing th ' ore t h a „ . ..4')O 0(!0 dollars) from March, 1615, to July 1816, ,burl, m otels inclogive Ne. 2 Yol'k. • • • £. Philarielphh 0,0t6,1 S 8 30 5,0113,1.06 65 Y. I.3fistou •••••• , 3,679,130, 77 3,38?,101 4. BiSittMotO ........... ,C , 4 : 7,540 . iY th ar leiton New Orions 732,083 13 V 21,267 A 8 7. gavunnah..,. ....... S. Norfolk. ...... . .............. 4/1060 Sa the- foregoing' bri&eiposizion of of the state Ihe Finances, the operations 41f the Treastiry . :mil the national resources, comment v , wild be F.u;.o.fitious, 'We must taincat the present tl:cpres. sion of our com:tee, float causes which equally affect the commerce of every other nation ; but, with becoming gratitude to PrOiidence, we,may ask, what other-nation presents a. scene of public and private prosperity such as the United States exhibit to the world The revenue, for the next year may, not be so considerable as for the present, because a part of this has hceit derived from the :double duties, a part trom the„donble direct tax, a part from taxes now discontinued, and a part frotn . excessive im ports. But the expenditures will n ot. be so,con! , s iderable, if we have no i cw war. New YORK, OCT. s.—The following we copy from the Newburiport Herald of Tues%bly last : A letter from Eastport states—“ That,an Eng lish tlett has just arrived there, consisting of one fifty-gun ship, two thirty-eight gun trigates, one gun-brig, and a sloop of war, that American property-of every description is seized, and that the people are talking of nothing:but Eastport, it will be remembered, was captured by the British during the late war. It remains still in their posse:;.sion agreeable to the provi sion: of the Treaty of Peace. It is at present a British, putt, and very probably is now visited by an English squadron. But the statement'' that American property of every description is seized, and that, the people are talking of nothing but mar," it doubtless an unfounded and idle rumour. The following statement is afterwards given in the sane paper as theorigin of. the above intern- Bence ; The Eastport news,. es related, by the New huryport Editor, made some, noise here - yesterday. The plAn truth, according to our information front a Gentleman from the .spoti is this nse queuce of the extent to which smuggling has been carried on at Eastport, the collector of St. John sent his Deputies down to seize a quantity of to bacco, pork, and other contraband articles, at that' place, ‘vhich was done, but it excited - no appre- - hension or talk of war. The squad on spoken of had been lying - some time at St. John, and went to Eastport to try a captain' of n 311601 sloop of war . by 'a Court-martial for having, sometime sinev, thrown his gulls overboard while his vessel was alhore on that Coast. The British amid Anterivan Commissioners have met at St. Andrew's, as intended, when they agreed to adjourn to May next, •then to convene in Boston, , • • Another account respecting the neTnaval depot to be erected in America.gives the follawing in- telligence , - 4 ' The United States agents, appointed to.sur .vey the several rivers emptying into tht.thesa }wake, fOr: tbe . purpose of ascertaining the most eligible spot tor a naval dep6t, have completed their labour; Slid it is understood that Gosport lias been fixed on As possessing superior advan tages to any other site in that lnatter of the country." ' . . ‘vho, united by no tics of religion or social order, have long sincc been dissolved and mixed with•rhe' other German trWei.. Here also is lionegstein, a tactical.. 'curiosity ; a fortress which is impreg nalge, but, on account of its situation,' of little importance as a military position. All this lies in a very narrow compass ; I walked through this delightful mountain scenery and returned to Dresden in four days." MM! s. • ARRIVED--. 1 Dublin, 9 Waterford. Dur.-1 Frauce, IMI laud, 1 Gottunburib. Loan 111 Ames DAi.•;—l - Inliday at the Bat*, Exchequer, East India and Suath Sea Ilifroes. COURSE OF EXCHANGE, Fitt DAY, NoVEMBER S. Amsterdam ' ' 40 28. 4 U*. Ditto, at Sight Anisterda 111 Ditto, at Sight l2 3 Rotterd:un l2 7 2 Us. . Antwerp l2 6 ' Hamburg!' , 37 I 0 2 I.Ts. Altona Paris, 3 Day's sight..... . 25 70 Ditto Bourdeaux, ditto 23 9O ' Frankfort on the Main . Madrid Cadiz Seville Biltnia Gibraltar Leghorn Genoa... 43 . . 1 -,--Veoice 27 Malta 4tl -Naples Palermo . Lisbon . boi Oporto Rio Xitici iv . .. 59f Dublin ...... Iq-Curk 114 per Cent. Agio of the Rank on Holland 2 Portugal Gold, in Coin . 1.3 IS' 6 per Oz. Foreign Gold, in Bars 3 18 6 New Dollars . . HIGH WATER Xl' LONDON BRIDGE TO-MORROW. Morning, 29. minutes after 5. I Evening, 47 minutes after b, TOUR "11-1 . 40UG.1-1.. GERM ANY. The following Extract frOm the Letter of a Gentleman, who. travelled through Germany dur ing the last summer, contains some interesting ptitticulars . relative to those places which he vi sited _ _ '" From Berlin I directedpy conrse.to Leipsie, for-1 %Vas anxious to get into Saxony--a country %%hose history, both ancient Hod modern, entitles it to the attention of politiciaesand , philosophers: The scenes which were acted within thecompiss of its territory three yearsago arc still fresh in nitr !flint's, and the 'vestiges of a fierce and bluntly war 'presented - themselves in every villageo• 'Neither 110118eS, nor tt'kes, 'ilor the roads, over which we passed, bad recovered from the devastations of th e contending armies. You may judge, then, whe ther it was notB delightful relief to , spend so me time at Wittenberg; the residence of the gteAt LUTHER. At length we reached Leipsic., What 'I -expected to find in the appearance of this city it would not be easy to.tell. If Iliad formed any conceptitio e on the subject it4Vall Very itidefinite. But the . nifr4f, name of the place is so associated in our . minds s'iitil the..glories of victory and the emancipation of Europe, that it WAS abso lutely paieful to find the reality deformed, with all that is most 'disgusting - in a mercantile town, and without any one compensation for its disadVantages. It is true there is a Utiiversity and a whole host of lecturing Professors, a rnneg whom there is hardly one that has, and, perhaps, none . that deserves . to.- have, the reputation of,a man of deep,leetning or bright genius. HoWever, the King of Saxony, like some othei Gernian Princes, is not ashamed to oblige hii subjects to study them, and the ,scholars use C . oll4C(reritly 1111'ml:1'00-4 may- add, respectable. ' It is int . - .possible to survey the en virons of the towli without emotion. It has be en p ro p osed to e rect a monument on that field , where the Allied Princes received the news of the victory. A Church,. 1 believe, is intended, as the.most uppropriale -me moyial.which can he here erected, and the design is, revilers, good-. A simple Cross, made of t wo tall trees, with their withered leaves 'and gardens, still stand on the spot where the Sovereigns then priiyed to God. As ,long as this cute stand, 1 i shotii , l not wish to see Key other nmutnettein- its place. From Lei psic we went to Dresden ,h avi ng first 'sisited Oneiszen, which is very !wet lily situutedon the banks of the Elbe. There are many objects at Dresden likely to . attract the notice of travellers. ',k h t fiallery of Paintings is now restored,, and, of course, is called by , the .citizens, and all good • Sax Ons, the finest collection in Europe. The li-. lirary is very extensive and. curiously selected.. Be.. •lideS"these, an mary, certaittly much superior in e xtent awl variety to that of the Tower, with many other curiosities, give to Dresden, in this respect, :the highest rank among the cities of German , . The country around this beatttiful city is like, all the rest of Saxony, exceedingly rich, and more beautiful . where "itsrises toseards,Bohetnia, That n p t o r e t t s e d t e a t Vo a t i t i s ci anti oo r i o l e m m a i t a t t : c i t s ra v e c t, which ry lies aptly c between a ilt at he Saxon " StVitZerililltl: 11l .these 11101104ns ' 5 ; 0 4 meet some tracos of that ..brave people'.whom Charlemagne in vain endtevOuretl - to. ;destroy, hip We have to-day no Foreign Arrivals whatever,. • and are therefore compelled to rest upon the in- formation 'previously received from France. In our remarks yesterday on the King's Speech, we observed upon the incousistenq .44 an- ticiputing great Changes when it was at the same time averred that the Charter was to be the inviolable rule of the Governinent. It now appears that we were misled by au error of the press in the translation ;—the words being ‘,‘.great charges" and not changes, 84 indeed ttit contest might have justified as in supposing. _Or course our observation on this point falls to . the ground" and the French Ministers are just as con sistent as they were before. The best proof we can give that , we. do not subscribe to the charge of malignity urged against the Times Newspaper by our Correspondent A. B . (See our first page), 'is the insertion of .his Letter. We could indeed have wished that, it hod been less virulent in its censures, but there is so much information in its facts, and sound sense in its arguments, that we could not refine it a place in our publication. . The Journals which usually contend against the radical Reform of a noisy Faction, which,,in Politics, like the lowest and most ignorant Schis matics in ' Religitin, take to. field-preaching anti proselytism, are accused of undervaluing that respectable, portion of the population which consists of Tradesmen and Mechanicks. This is a moat unfounded charge. In the first`place, %ye deny to these assemblages the character of be .. ing;tricitings of •respectable trademen and meclia. nicks. We say they are mere moth' the great majority collected from motives of curiosity, and not taking any , part in the scandalous proceed.. lags which generally assume the shape of lying Resolutions, and disloyal tiiatribes i miscalled Pe nnons, ',Anil; in, the 'second place, we deny to , the itinerant Orators and Jacobin Spouters who r • • gure ee Odic oectisions, all good character what ever. They are neither respectable :tradesmen, nor hOnest INlechanicks, - ner reasonable Politicians, nor informed Alen. They are sheer bravvlingdeniti. goguet, who themselves abandon the shopvr thetool where they might,be respected,, to enter upon the diseuSsion of topics Fiterc they cannot even be tolerated. It is their ignorance, their presuinp tion, their effrontery, their mischievousness in the latter capacity which we censure. Let the cobler stick to his last and we will commend anti not dispraise him ; but when he starts forth with fury in his eyes, and folly on his tongue, to cobble the political system of Europe, he becomes the fit object for ridicule, scorn, and condemnation. , 11l would we discharge our public duly were we not to protest against the impudent pretensions of a clamorous patty : were we not to detlare that the voices of a couple of, Journeymen Printers and a Tubaccouist. at Glasgow, though uttered to gaping crowd—that the gpeeclies.ofa Gin -shop* man luta Et. Barber in London though applauded, in City Hall—that the orations of the .common Cicer . o's and Demosthenes' of Westminster or Southwark, though attended by a numerous rabble—that the writings of the five shilling Hatnpdens of Birmingham, though effectual in • stiring up a pass' ble riot—that the effusions of the Travelling Jacobins which' o"erburthenect Liverpool vomits forth for Country, use—that any or•all of these exhibitions and de clarations are what they prutend to be, the strength and opinion of the Nation. Under all their braggardism and exaggeration, the little difty and worthless, but active, Faction is visible; and, with all their thew and all their clamogr, they are —._ • ` hitt the refuse of our Social System, apAthe gni" serable minority of our Country's numbem .A Morning Paper (the 'Post) which rarely misses an opportimity to advocate 'tend advance the cause. of the. Public,,bestowed 'some pains yes terday.in illustrating a-subject which, if properly understood so as -to lead too counteracting sys tern, *add do more for the advantage of the People of this Country than all the blessing` which Reformers promise, even were their. senseless siohs realised. • • IVe are much gratifiedqsaYe the Editor) sr observing that the suggestions which we have re peatedly thrown out, respeclifi competition for reducing the price of the most important neces series Of life, hare heed reduced to practice in different parts of the Metropolis, to then reat be .. refit of all who choose to economize by heeOtning their own caterers,: One botcher Isavitig adv e " tilted to sell mutton and beef generally in any (purl". ticies, at Gd. per lb., was soon met by a coMPetitor, in anotheer quarter; who gave public riotice that . he would sell the verpbest joints, as sirloin, titc. at ! t hat price. if the latter tan gain a fair profit by such sales, - it May easily be imagined how pfufit., able, under all eircuoistanices, must be the trade oC a . retail, butcher, who sells his meat at fire high est nines we' peice he can obtain for it,. From tie have made, it appears that mutt on, which sells ott the average between 7d. and 8(1. per lb:, affordsthe vender, at the present time , a g ain of 301..Pq cent. ! This pro fi t is so enormous as to am 0 0 4 aysOlttle extortion, because it results from oni. r ice t?ination amongst the trade, to ke e p at all, events; and this - combination canon thap ly he nt overcoe by the establishment of numbers such situps as the two we ha ve mentioned." rf •indeed is the true sott o irm of neatly all one distress .—the kernel of the nuCof national cola- mity.. It...is conspiracy in t he hands, and contbi. nation in the heads,,. which o ppresses the cony Politic. Great Capital has led to monopolies so exorbitant, that there' is no such thing as fair trade in Britain ! It is not the relative s t a tepftletnandand ay" 4 upplf which regulates pm. prices in any one . , b ticte consomptioa. 'Monopoly enables a few individuals to feed the Market as it suits them-, selves. were t h r own in Myriads upori"our shores, the' supply in London worda not be a single - fin the ruorl', o r a single sbilli P t the cheaper, sir long the Tanks of G lavesen . r d could contain the surplus quantity; a n d tarp_ • the wholesale dealers to bring t i i t st the pe o P ° " tion which secured their profits to Billingsgate', The granaries of England may sink under the) r loads—a few Capitalists take care that the return; at Mark Lane shall answer their ptrrpose. fill their pockets at the expens e of a suffering COnr, munity, The West India Colonies may four the E their produce of. sugars and coff ee —lot its teas and sPicesibe north its oils and tallow , ir d the poor reap no benefit front the abundance.. All these articles' are as' dear or dearer than the/ were. • Juntal of ever) , trade in London m ' t e .weeklY'and fix the prices at' which: 164 ni i° sell. And thus what the great C a p ita li s ' at first hand, and the retail con s p second, the impost undiminished, onnlitig la still levied on the gerieral. „consu mer ; en d I" tress `•pervatles every rank of the commit" ,a ' i ra tor a t 'And litiw can it be otherv)ise when B akerl4- Flonr4actors• 'determine 'the . p rice 01 Br ea f . Smithfield-Jobbit•s and, Butchers„ the atri e '''"- Meitl—Tallow-Chandlers the price of 'Can 4lel rhe Chee.emongera : the. price of 'Euttcr and, in fine, the sellers of everynecessary of life, a tile price of tfint in which they deal. , ot, The Statement the Post presents .PPY but lve fea r of remedying this to a certain degree ) tile Public is not trite to its Ow n interest in ail s r e spect. Cheap Tradesme n, as they are styled, are not suffi c i ent ly encouraged. I t is a me re spur t ' and no sooner have they bught the old dealertto ro their senses and a reduction of price, 11 c°4l/Pea . s. ell titian, than they are deerted, and t he pareiit' s return to their accustomed channels. To 101 do !et 4 a and s ubstantial good t h e man, w to who by ,Ver' rtb tF . oug ht his rates, has produce d this benefit, supported to the end. It may be thought t hat AS the PractiCe • o t •, 0 T+ THE SUN. finLENI QUIS DICERS FALSUM AUDEAT -LONDON, SATURDAY, IVOVE,VBER 9, 1816.