The Sun. — London, England, 1821-01-15 00:00:00

WEEKLY RETROSPECT. There has been,less Address, on the part of the Wttios, and more Addresses, on the part of the Toasrs--for we must still pres-erne that dis tinction, or use a harsher one—displayed in the course of the last week than has taken place for some time past. As the lock-picker displays more ingenuity than the downright housebreaker, so most certainly would the insidious politician surpass those whose ingenuity • being wasted without effect in endeavouring to fix a popular odium. upon Ministers are now reduced to their last shift, of getting up mobs to cry " Turn'em out," in hopes of once more getting 0. P. or -Old Places in - which to rest their weary limbs. In the patriotichowling of the moment Reform is totally forgotten, and the whippers-in of the pack now give the view hollozo of " Dismiss Mi nisters and save the country !" Happily for us, however, the country is saved, in 'one way at least, by h's Ma.ns rA 's I resent Cabinet—the country is preserved perhaps the Opposition, in 'recommending a change of men and measures, wish tb pickle it—and a pretty pickle it would goon be in, shouhLit be again broiight under their management. Somme of the Whig Addresses do indeed allow that our Constitution is the " envy and admira tion of the world ;" and one of them them mo- destly requests his MAJESTY to restore that Con stitution to its " native excellence," and to re- medy the " inroals upon it, if any," by political care, trusting also to the " healing influence of time." Now we should like to know where the nutite excellence .of our Constitution is to be found ? With the PETERSTIF.Lb Addressers we can so far -egree as to laud their determination to submit patiently to many deprivations, but we are not so totally disposed to grant that these arise from " a general stagnation of trade," or from a. ":depression on agriculture," or from the 44 burden of the poor," nor even from " over ' helming taxation." That is to say, considered in a PEACE point of view ; though it must be owned that all, or nearly all these things have been aggravated by the cessation of employ for nearly one half the population, by the transition from war to peace, though unfortunately net to public tranquillity. In fact, E VE are only sur prized that occupation for those thrown out of employ has so soon been found to its present cx- tent—a sum total of occupation which would not have taken place if the passing complaints of stagnation of trade were founded on fact. tut what is the fact ? As to taxation, how can it be remedied ? The public expenditure is re- •duced from 150 millions annually to 75, or there abouts ; of which 50 are for the interest of the rational debt and sinking ,funtl, whilst of the re- -sing 25 no one has yet been able to show how a fair and reasonable saving of one million can be m a de. But suppose five millions of retrenchment were to take place, would the country be richer Of that diminution of circulation, and what in dividual would be the richer for it Even if its etfects were to be felt by each individual in proportion to his taxes, it would only be one fif teenth party or little more than one halfpenny in a shilling—a saving by no means equal to what ought now to be a fair reduction to _ the poor =an, even in his pot of porter. A poor man, -whose taxes of all kinds, direct and indirect, Parliamentary and parochial, amount to 51. per annum, might thus save SEVEN SIIILLING3 ; but the man whose taxes amount to 51. per annum, must drink at least one pot of porter per day, one halfpenny of unnecessary overcharge upon which amounts in twelve months to FIFTEEN SIiIL LINGs in that article alone ! So much for Retrenchment—as for the burden of the POOR, that is diminishing; of the depres sion of Agriculture, it is enough to remind our Readers of the recent Whig cry fpr Peace and Plenty, at the period when the Great NAPOLEON was straining every nerve for our ruin. But " Stagnation of Trade" deserves more particular notice, now- the CUSTOMS of the past year amounted to 84 millions, independent of 'War Taxes, and of sums carried to Excise ; whilst, in 1815, the same amounted only to 7.1, includ ing also the annual duties ! That surely is not stagnation ! in the last year the Eactsu amounted to 26 millions ; in -1815, only-to 184, exclusive of war duties ! That surely has some appearance of irt ternal amelioration ! and all this, too, be it re roembered,:in spite of the non-consumption ar guments--of I.ltiNT, CO,bRETT, WOOLER, and the whole tag, rag, and bob-tail of Radical Aristo cracy, joined to Aristocratical Radicalism. But our City Addressers of the CommOn Coun cil, elated by their ftesOlutions and Addresses being copied by their brethren in Portugal, now ply at higher game than before.. and seem deter -mined to be Archbishops of Canterbury and Lords of the Council, as far at least as regards', the reviion of the Liturgy. Nay, they now insist upon her IVIAJEsTy being put in possession " of all her RIGIITS as QueerjCONSORT !" Now, if, the word ALL means any thing, when joined with Consort, it must certainly have some allu sion to a new edition of cake and candle, at which those sapient Gogs and Magogs no doubt expect to attend the throwing of - the stecking. But, if reports are true, there. is ilready caudie enough at Brandyburgh House ;•and, as for- cake, it is enou g h to know that the Alderman still remains there. But this is tender ground. Another wise Ci tizen complains that Ministers employ their emis saries cc to degrade and vilify the .Corporation ;" and we shall doubtless be accused of that ivlA c h every man of common sense. sees and acknow ledges to have been-the work of those busy agi tators, and of themselves alone, until themselves and their plans. have 'become too contemptible for opposition ) and too absurd even for retort !. I.G.N. COLONIAL TIMBER. TRXDE. As this important question will, it is presumed, engage the attention of Parliament in the next Sessions, we think it our duty to lay before our readers the observations of an Intelligent writer on the subject, from which it is manifest, that the permanent interests and' general prosperity of the empire, as involved in the interests of the British Colonies, will be best promoted by continuing the timber trade on its present foo:ing—not only as it - affects them, but also the manufactures, shipping and seamen of the Mother Country. We have, from the commencement of our la bours,' invariably maintained, that the old policy of the Country is preferable, in every point of view, to the speculations of the Modern Econci mists. hitherto this Country has-grown great in strength, dominion, and wealth, on a judicions and cautious system of restriction, in its com mercial and maritime intercourse with Foreign Nations; and any deviations from it, how ever plau sible in theory, will produce the most ruinous consequences to the State. The Naval Power of the Empire depends on its continuance ; and although Dr. Smith has aid, that " it is not im- ' possible that some of these regulations may have. proceeded in m national animosity, yet they are as wise as if ,hey had been dictated by the most delibe ate w•sd ; and as defence is of much more importance than opulence," he admits, " that the Act of Navigation is perhaps the 4C wrest of" all the cornmercial r,?gulations of " England :" -being an exception to the ge neral rules he has laid down as applicable to other countries, which are not insular and are differ ently circumstanced from-Great Britain, it is to be expected that the Legislature will not lend itself to the delusive speculations of the Advo cates of the opinions disclosed in the Parliamen tary Reports on the Timber and Foreign Trade of the Country ; but adhere steadily to'the po licy of our ancestors, which has been so admira bly inculcated by Sir William Temple ; the late Lord Chatham ; the late Earl of Liverpool and though the last mentioned, not the less de serving of distinguished consideration and at tention, the late Right Honourable George Rose. If, however, the Legislature should accede to the views of the Advocate; for the relief, as it is termed, of the Baltic Trade, and is inclined to remove the restrictions complained of ; with what consistency can they grant any further re lief to the Agricultural Interest, either by im posing duties on Foreign Corn, or extending the present restrictions upon it ? And with what justice can they continue the present heavy du ties on foreign butter, &c. for the relief of Ire land, and totally abandon -the interests of the King's Colonies in America and the British Ship Owners ? For the Colonies are confined by the ex isting Laws to Trade altogether with the Mother Country for every thing they consume, with the exception of a few articles, which they are allowed to take from Europe South of Cape Finisterre, in return for Colonial Fish and produce. We conceive we need not press these observa tions further than to say, that as the agriculture and shipping .of the country must stand or fall by the continuance of the present system, we must deprecate any change from it, and we ex pect to see these TWO GREAT BODIES OF MEN making common cause and cordially uniting in an appeal to the Legislature for their common pro tection at the present critical moment. The 'Work to which we allude has been re cently published by a respeciable; Bookseller in the City, and is entitled " Observations on the Reports of the Select Committees of poth Houses of Parliament on the ,Subject of the TiMber-Trade and Commercial Restrictions ;" lfcc. 4c. from which we shall give large extracts : The Writer uleserres—" At a period when the Legisla ture has herr' called upon, by numerous bodies of merchants and manufacturers, to remove nearly all the restrictions and prohibitions by which our mercantile s ystem has been hi therto carried on, and when the princip les of political eco nomy are sought to be applied in the broadest manner to our navigation and commerce, without almost considering, whe ther the other nations of the earth have any similar or other regulationi, equally deviating train those principles ; I have felt it a duty to make some observations on the Report of the Select Committees of both Houses of Parliament, to whom these petitions were referred, to show, that however just and true the modern principles of political economy may be in the abstract, their application to our navigation, commerce, and manufactures, can only he beneficial, when made to bend to the various artificial and embarrassing systems of other countries; and when so shaped as to- meet those adverse du tiet and restrict' , in the mode the most profitable to our selves and the least irksome and disagreeable to the various people with whom we have to deal. Those, therefore, who throw out the signal fur free trade, and the universal adop tion of the principles of modern political economy, as the panacea tor - all oar ills, should consider, whether it is not cruel, thus to raise false hopes and to delude our artisans And smaller manufacturers (well knowing that .t his country, ow ing to its heavy burtliens, is in no condition materially to alter its duties and prohibition's, and that the maintenance of its independence requires a moderate protection to our agriculture and the security of 'bur naval power), and whe ther it he prudent, as regards foreign nations, to hold oat any gr'eater relaxation of our general system than the peculiar circumstances of our country will permit, hut honestly to declare otir wish to adopt the most liberal policy in our com mercial intercourse with foreign states, that a just regard to those circumstance-, wilt allow. • "'lime reports made to the two Houses of Parliament, from the Select Committee., for extending and securing the foreign commerce of the conettry,to whom were referred the petitionsof I he. merchants of London, &c. when made known to the pub lic, will excite not a little surprise, as well for what they re commend, as for what they do, not recommend. That of the Lords. being confined to the Timber Trade, to which the im mediate attention of Parliament must be directed, and being very important in itself, I shall begin with, and make my re marks in the order, as the observations occur in the Report. It states The encouragement afforded tei the Importation of Wood from the British Colonies in North America, by the • imposition of heavy duties on Wood from Foreign States, ' is of comparatively recent date, and does not appear to have • formed a part of,the Commercial or cohmiat'Policy of the ' Country previous to the late war. 'fill the year 1909, little • or no duty had been imposed upon the various species of ' 'Timber; in, that and the• sueueeding year, however, the ' nature of our political relation with the Baltic Powers led • to an apprehension. that great difficuty might be found in I deriving the usual supplies of 'limber front that quarter, ' not only (or the general purposes of domestic use, but more ' particularly fur the purpose of Ship-bui:ding. ' " • It was, however, known, that Timber in any quantity ' although of an inferior quality, might be obtained in the British Golonies in North America. But this being a new ' branch of trade, and exposed to some risk and uncertainty, • itwas deemed expedient to give the Canadian Wood the ad ' vantages not only of an exemption from all duty, on such as was fit for Naval purposes, and of a duty little more than • nominal upon all other descriptions, but also of considera ble increase of Duty on Wood front the North of Europe. " High permanent Duties, and a temporary War Duty, • were accordingly imposed upon all descriptions of Wood imported front Foreign Countries by the 49 Geo. Ili. c. 95, were doubled by the 50 Om 111. c. 77; and these wert. a fterwards " partially increased by the 51 Geo. 111. c. 9 3 , anc"‘y the fii Geo. 111. o. 117, and a duty of va per cent. uP°"skie whole of the prim anent Duties, was added 'by the 53 Geo. sr, s. sg. b ", The several -tine aforesaid were afterwards arranged . . . • and consoiidatedlry the 59 Ceo - . ili. c. 59 ; and is schidule ' taken from the-said Act, of the details of the existing Du ' ties on all descriptions of Wood imported from Foreign Countries, is annexed to this Report. •" The Committee have been informed, by their) of his • Majesty's Ministers who are' members of the Cothmittee. that the Canadian Merchants were tiever led to believe that any of these duties wooly! he permanent ; do expectation • however held out, that the duty of 91. ls. - first imposed, 6 would be continued for some considerdy time ; hut' no such . expectation was fairly raised with respect 'to the war duff • and the duty imposed in 1813, and the - exemption front • duty on Canadian timber has always been temporary, and 1- wilt; tmless renewed by Parliament, expire in July, 1820, -- . although the parties have been given to understand, that it may be further continued till March, 1821. This view of • the subject has been constantly explained . to the Canadian merchants in - various communications, to which' this vies ' tion has led. between them and the Board of Trade.', Whatever representations may have beets made to indi , vidual merchants by members of the Board of Trade, can he known only to themselves; but that the colonists and the public at large were not led to entertain any other idea than that the duties would be permanent, so far as to secure at least one half of the supply to them, the following - extract from the Parliamentary debates, and particularly the speech - of the late Right - Hon. U . Rose in the House of Commons, when he introduced the measure, will show. " House of Commons,Tuesday, May 92, 1810. "‘ (Foreign Timber and Shipping.)—Mr. Rose moved the • order of the day for the House resolving itself into a Corn ' mittee, to consider of the propriety of increasing the duty • on the importation of foreign timber, &c. He then stated to the Committee, that the object to which he had to call the attention of the Committe was of very great import• ance. -It was, that by adopting the-policy of laying a heavy additional ditty on the timber ins pot ted from the north of , Europe, they might entourage the iinportation of that', article from - our own colonies in North America. The price of timbei in . the north of Europe had, within • these few years, risen to an enormous extent ; unless in- ''• deed than 300 per cent. Another disadvantage attending • this trade was, that in the present state of Europe tbr timber was brought to us, not by British, but • by foreign' • Ships; and taeis to such a degree, that he believed there • was paid last year between 2 and 3,000,00411, to foreigners alone for the. freightage of timber imported to the amount • of 358,000 tons. He believed that one half of the timber • necessary for our consumption might be procured front our • own colonies in North America, which, with the pities of Canada, would nearly supply t he whole ; and even if it fell short of his expectation, the country would be cons ' pensated for the loss by other advantages. The system now in use encouraged not only the building,of foreign ships; but the formation of foreign sailors; and by the measure he.now bad to propose, be trusted a change would he • wrought, by which, instead of twice that number of sea ' men, trained for Denmark and Russia to be employed ' against us by our enemies, about 15,000 would he created • for ourselves. The measure would, besides, encourage our C010114'5. It would enable them to clear their grounds of • timber, and induce the cultivation of flax, hemp, &c. for our importation. In return, the. Colonies would be en , abled to take our manufactures, instead of our being ob- . ' liged to send out for their Timber, as we now did, our ships • in ballast. The principle of his proposition was nut new; it was as old as the days. of Queen Arose. He adverted to an extraordinary and ill-judged assertion, advanced by a Noble Lord (Cochrane) on a former nighlis, that there was not Timber 'enough in Plymouth Dock-yard to build one half of a seventy-four. He. regsetted the Noble Lord • could have been so hasty, and recommended him more cats • tiros in.making such unguarded .assertions .for the future. ' The Timber now in Plymouth Duck-yard Was out of all • proportion greater than that specified by the Noble Lord. Upon all these considerations he trusted the Committee • woold concur with hire in the Resolution— " To lay an additional duty on oak, Wainscot, Brc. ported under, any shape from the north of Europe, and all Timber not imported by the East India Company, or direct ' !v front out own Colonies in North America. Sir W. Lemon said a few words in favour of the Re- solution. - " Mr. Horner rose, to call the earnest attention of the House, not so much to. the present itesolutiou us to the alarming increase of foreign shipping in our trade, thus incidentally brought under their eye on the present occasion. he Right Hon. Gentleman had stated, that last year, for the freightage of Timber alone to the extent of 380,000 • tons, this country had paid to foreigners the sum of from ' 4 to 8,000,0001. r and on a former evening, an Hon. Gentle- • ' man, well* acquainted with trade, on the subject of the mating insurance, had informed them that not less than ' 10,000,0001. was paid the same year for the whole• foreign freightage. This he considered as an alarming inerease of foreign shipping, entirely subversive of our maritime system. He agaiSi Then eiatreatect the House to take into their serious consideration this new and growing evil, which, in h is opi. nion, arose- altogether out of the mercantile System, so much the favonrite of the Right Honourable the Chancellor of the Exchequer. (if this • system, so persevered in, Buonaparte might be taking the advantage, • and, like Cromwell, who, by diverting the trade front the Dutch, became the carrier and first maritime power of Eu rope, he migl.t he deluding our government, by pretending a total disregnsr I to commerce, while, in fact, even in the • midst of wan, by. our own connivance, he was creating sea ' men to man Ili* fleets against us ; for he could at any time transfer to his service these men thus employed in a nett ' trtl trade, of powers immediately under his controul. If exercised his genius, as he was well able to do in this way, he would be playing a deep game, and deluding us by taking advantage of our own ill-judged policy. " Mr. Rose, in reply, stated, that so far from encouraging ' foreign shipping, the Board of Trade never in our instance swerved 'from this principle, never to admit a foreign ship ' to g where a British ship could be employed. The Hon. • Gentleman talked of their being deluded ; but how was this? It seas by the strong band of Buonaparte, Which procured '• exclusion of British shipping front the ports of-the north of Europe. The •question'thel: was, whether, by accepting neutral carriage, where no other could be used, they set-re to carry on an important trade ? or, by rejecting this means, were to shut the door on their exports, and starve their manufacturers? It was a consolation to know, that under all the disadvantages imposed by the enemy, our own. shipping had increased in value. As a proof of this, be • instanced a vessel, bought three years ago fur 27001. now selling at 60001. • " Mr. D.Giddy considered it as a matter of general policy to enucurage trade with our own colonies. The argument. of Buonaparte'S treading in the steps of Cromwell was an 'additional reason for approving of the proposed measure. •Ile had heard, hoWever, that the timber from North Ante ' ricer was not adequate for our national purposes, and also that the quailtity could not be so great as the Right .' Honourable Gentieman expected, or the 'lases of the country required. • " The Chancellor of the Exchequer rose to endeavour to dissipate the gloomy apprehensions expressed by the • Honourable Gentleman oppoSite, and those which ' speech might have excited as to the commercial state o! • the country. Tbere.were, doubtless, a great many foreign ships employed in our trade to the various putts of the north of-Europe, as it was impossible to carry on trade with those places • in •Eenglish ships, His Right Hon. Friend, there ' ' fore, was obtaining a .snpply of .Tialber front onrown - cult,- ' that. foreign Ships might not be so much encouraged. • The Hon. tientlenian '.opposite must, theCefore, think the evil of which fie had complained. If foreign ships had hero 1 ' plan he proposed , most Wise, as it went to counteract that much employed trading to the North of Europe, British ees ' sell had beets employed instead of others in thetrade to South America and to the Spanish and Portuguese Colo Dies,- so that if there were an increase of foreign tonnage itt ode quarter, there was •an increase of British tonnage in 'another. In 1.a07 the•tonnage,of British vessels causing in ward amounted to 8590 tons; it. 1809 the amount Was 10,173 • tons, having increased 1593 tons. The tonnage of foreign ships) employed in 1807 amounted to 3702 ISO its amount was 4684,.having- increased. since 1807 by - 9SO • Thus it appeared that there was an increase of the tonnage • of foreign vessels employed in our trade of 9SO tons, while ' the increase of-British tonnage amounted to 1583 tons.— ' Front this it must appear that all the advantage was not on ' the ide of foreign vessels. hut that the increase of their tounage.. arose from the general increase of trade. • 'l' he ' tonnage of the English, vessels cleared out in 1807 was 8984 tons ; tit 18QP it was 9935 tons that of foreign ves• sets cleared twit in the former year was 31i30 ; in the latter, 4870. Hence it would be obvious that the increase of the • tonnage of foreigu,vessels .was 7.40 tons, .while that of the ' English vessels Aleared out amounted to 1011 ; so that the increase of the. trade carried on in English vessels was greater in proportion-than the increase of that carried on • by means of foreign shipping. " Mr. Trrmayne_ was apprehensive that the American timber was tint fit. for all the purposes to which this country ' would wish-to apply. her importations 'of that article, anti we woult:4 therefore, he at a loss for our necessary sup ' plies, were a heavy duty, amounting to a prohibition, to be laid on that procured from the North of Europe. • ." Mr. Baring objected tel the system of trade favoured by • Ministers, as tending to prefer the northern neutrals, ' Which were, in fact, Our enemies, to the American ship ' ping; in the trade to• Norway and the Baltic. That trade might much better,be carried on under the American flag; but for this really neutral power had been substituted pre• :coded neutrals, who might be instantly contgittd into cite .6 ' • t mies, and we were Consequ'e . ntly., by ibis 'course, et)i , cliolg part of the world it was least on r interest to' en rich. This was he great error of the present system—the encoural:ement of the notthein powers instead of Arne' Ica. With rigaril ' to the measure itself, he feiired our colonies would neit het pro - duce a sufficient quantity of timber, no r that of sufli ' cient quality. It would, besides, give the western part of ' the kingdom an advantage over the' eastern, as the fio Ter :would be supplied-front America, and the latter from - qv ''Baltic. It would,al4oincrease the price of a nec .! •4vry aii :Mliticle;ra•lr.eady Thenb . iret was; "ever.,, a great one, and• the experiment might, pet haps, deserve to be I ried: " No more, I flatter myself. need be said as to the perma• nency of the system hell out by Government. • On the just ness of Mr. _Rose's remarks, and their exact accomplishment. I shall remark by and bye. The Committee then divide their observations into four heads first, on the cotilparAtive of timber from the north of Europe and trdut 11w British Noll h .American Colonies; and their remarks ran that subject are perfectly unnecessary,' as . the qualities Were Well knoviiii, even according to their own report, when the first dutie:s tiiblt place, neld it never was intended to exclude the timber of the northern powers, but by admitting about on, half of etibli that.from the Colonies might be applied to an infinite munber of purposes, for which itAnswers just as well as thy ot her, 'and; by raising a competition againit the Euro• pear timber, bile of Mr. Rose's objects has hero attained that of forcing them to selltheir timber at a reasonable pr'ee, in place of laying 300 itei• cent. on the cost ; and which is an answer'to the 'Committee's second dbset c;ition t . respecting cheapness, and proves that we are indebted for its cheapness, in the north of Europe; to the competition rai•ed, bring• ing the American • timber into the market, and we have ni other security for 'its continuance at a reasonable tate, but by persevering in the.beneficial sYitem of the dillies. • • "-The next two heads of observation embrace the me•rits ul the whole case, and are as followf the .direttiuri ' which the s)stem of duties has given to the.cothincrce and ' 'consumption of the countrv, 83 far as respects the.articli! ut wood.' 4th. •'1 he probable effect which any materipl de ' elation ur 4lteration of these duties Might Ise expected to produce On the consumption of the Coumtry, on its trade ' with Eu-opi and with the'Colunies, and un the particular 4 interests concerned.' • • -,!- So long as the public has .a' choice of i•Vtiod froM the North of Europe arid from Canada, it nee nut be matter of complaint that the timber of the latter has got more into use, in consequence of the cmuinuance of the duties. It has been clearly proved, that its quatniesare well known, and, therefore, the Committee need not be alarmed that the public, having the choice of a better article, should still, for various purposes, tire it a preference;—that is a qnestion which may be safely left to the . public public; there is no danger of their 'continuing to buy an article, which, on trial, - is found unfit for - the uses to whielrit is applied the importation, in that Case, would cease, without the inlet fe, rence of government. The fact is, it is admirably adapted for various important purposes, where lightness and ease of workmanship are required; and, as the Committee profess to have the interests of commerca in view, they most be promoted by hating `a cheap wood for packages, of which, perhaps, one million are used throughout the kingdom, in the course of the year, and which cannot, on au average, be esti mated at less than ten feet of deal each, whirls alone , must take off an immense quantity. If the Committee had called any of the ship•carpenters on the Thames, they would have learned, that there is •not a stick of timber from the British North American Colonies . mted in ship-building, except for masts and yards ; and as it is highly beneficial to commerce to have this cheap wood for the purposes to which it is ap plied, those interests cannot be better promoted, than by keeping the timber trade on its present footing, with, per haps, a slight alteration, to make deals pay according to their entire contents, or even a Small additional duty on- foreign ileals to favour British and Colonial labourers in that ar tide." • The Author's observations on the main points n discUssion we must reserve for to-morrow. [l'o be continued.] I Parliament a few days before his , thyparttire for " ~; • Laybach, intimating the iteeSsity of making some changes in the Constitution. 'Four of the Ex-Minister, Rlcct.Attoi l TiiOISIS, CAP. ItASOSA, MACEiiON.I.O, - weli itqfwitted of the- , charg ah Cilltivn respettitig tils: two others cipOned-to the 26tkulAmo. A - -Law had passed elParliamant;abolishing the remains - • of the Feudal Rights, dnd was expected to re ceive the Royal Sanction. .4 TO CORRESPONDENTS.. The Letter to the Duke of DEvoNsitt F. to-morrow.—Also A Nowt - it COUNTRYMAN on the. Cval Trade. PRICE OF STOCKS THIS DAY AT TWELVE O.CLOCK. 3 per Cent. Rvd (Ni 70 3 per ('ent Cons. 694 i. 3f per Cent. 79 794, 4 per Cents. S per Cent. NitryAnit.lo4 1041 Bank Long Ann... , 14 l-1611 India Bonds .... 325. 335. , pr Ex. Bala, 2d - Coos, (or Opening 7oj HIGH WATER AT LONDON BRIDGE TO-MORROW. Morning. 15 minors after 11.1 Evening, aa muint.s att., 11 THE SUN. SOLER GUIS DICERE F. 1131.1411 ..4UDEAT LONDON, MONDAY, .LiNUARY 15, 1321. We have been ; induced, at the request of se veral valuable Correspondents, and in compliance with the wishes of many of our Readers, to en large the size of our Paper, which, for the future,. will contain five columns, in each page, of equal width with the columns in its former state, but. of greater length, so that we shall not only be enabled to use a larger type,, but to insert a greater quantity of matter, some arrangement for which purpose having been found necessary to give effect to the various new branches of intelli gence which have lately been h.t •oduced in our Paper. We. shall therefore be able also to give our Paper a more miscellaneous character, and, what is a matter of great importance, to insert copious : reports of the Parliamentary Proceedings in the approaching Session, whiCh is likely to be in the highest degree interesting to the Empire: Paris Papers to the 12th instant arrived yester day. On Tuesday last the debates in the French Chamber of Deputies, on the provisional credit of six-twelfths of the contributions for 18'2.1 to the Government, were resumed, when, after a long discussion and ,strong opposition, the Projet, of Law was adopted by a considerable majority. It was presented the day after by a Deputation from the Chamber to the. KING, and afterwards carried to the Peers by the Minister of Finance. The ,Projet was referred to a Select Committee of the House of Peers, and their report ordered to be taken into consideration on Friday last. An entirely new telegraph, to serve alike by day and night, has been invented by a French Admiral, which is more economical than the tele graphs now in use, and also possesses many other advantages over them. Letters from Trieste announce the death of the celebrated FOUCHE, Duke of Otranto, on the 26th of last mouth, in that town. Accounts from Naples mention, that the Nea poiitan Parliament_ was employed on the 15th of last. month in investigating the charge against the Ex-Ministers of State, for having advised the KlNci to send the Message delivered to the Intelligence from Vienna states the arrival there of the Emperor Ar.Ex,o:Dttt on the 30th ult., and that the Emperors of lturs'lA and,F AUSTILIA were preparing to proceed to Laybaeh,*s where they were expected on the Sill inst.,,oi the . same 'day as "the King of NAP/A1 and the king of PRUSSIA, the latter of whom had set off from Berlin for Laybach. The Austrian Fundi had fallen, from au apprehension that the con ferences respecting Naples, at the proposed Con. gress, inay not terminate amicably. According to the last advises from Constan- tinople, ALI PAcnA still continues to defy 014, Ottoman Government. The GRAND SmoNrow ha§ sent orders to IsmALL PActLt, the new Go- vernor of Janina, to irosecute the war against ALI with vigour and bring it to an early conciu.. Pn ENCIt FUNDS: Jan. 10.--rtre prr Comts f. 10 c. Bank . . . We received - Nesi.York Papers this morning, the Bth ult. inclusive. There is nothing in-, .erestingin their contents, or: w hich the follow- ipg are Extracts " NEW Yogi:, Dgc: G.—The Bill for calling a. Convention to revise the Constitution of this State, passed both Houses of fhe Legislature, and was sent to .the Council of IteviSCOn: In that body we learn 'there was a tie upon passing the law, and "the Governor gave his casting vote against it. CC MLA TRE.-Mr. second and best performance of Richard attracted again au over' flowing audience. Public 'opinion, which was somewhat, unsettled as to his meritS in conse- , (pence of the new style .introduced, is perfectly reconciled to the simple, natural, unostentatious display of his genius. His strong points, the se cond night, were given with greater force, and the applause was more general and merited. " MotHLE, Nov". 3.—This evening-, about g o'clock, we were alarmed with the cry of fire; It is now 11. Two or three new buildings are burnt, and three or four outhouses pulled dowr The fire still burns, but it is inlWed will rem no farther, as there is no wind. It began in a stable, and is suppoced to have been set on fire by some Spaniard. A guard is now patroling the .0W U. ,WASHINOTON, Nov. 25.—(Pivate Lettec3 — The over-zealous for retrenchment consider them selves to be very strong. Their success will de pend very much on the Treasury Report of the Finances. I believe it will be an ample one, and will shew that 1821 will provide means for the expenditure of that year. The de-- mands will be about 1-1,500,000 dollars, in cluding the interest on the Public The bonds at the Custom-house are said to e:t ceed 18,000,000, of which 41- m'ilions are those which remain over their time unpaid. But pre suming that 2,000,000 of that sum will be paid during 1820, our means will be ample. We may have to borrow, to make good the deficiencies J the current year. The demand of the actual ex penditure for 1821 will not exceed WI and 1 million will probably be taken from that amount by Congress witholt doing- much harm." A short time since we called the attention of our readers, on the appearance of Mr. N tcuoLLs's interesting Work on the state of parties, to the insidious manner in which the real objects of the MODERN Wittns are concealed, in the hope Of dispelling the delusion under which many persons labour in believing them to be - the supporters 0E the Constitution, and the sincere advocates of the legal privileges of the people. We stated then, that it was our firm belief that they are the se cret but active opponents of Parliamentary Re' form, and that they only professed themselves the advocates of it, in order to prevent its fall ing into the hands of disinterested individuals, whose rational views, and moderate proposals, urged with ' a sincere and unaffectect zeni for our ancient establishments, would ensure their adoption, whilst their own wild and vi sionary schemes, so extensive, so differing in principle from the existing Constitution, and so alarming to every well disposed and sensible mind, secure a continuance of the abuses; which this faction is 'so much interested in cherishing and perpetuating. Our opinion , was founded on a dispassionate and attentive observation of their conduct, during the greater part or the last eft tury, and we are confirmed -in it by the view!! r r I