The Express.
London, England, 1852-11-20 00:00:00

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ANUCOMIII. II 11.

ECILIWOU DEB r.
Committee of Spenish American lloadholdere,
8, Broad-street-buildings, Nov. 19, 1842.
The following is en extract of Mr. Mocatta's letter, re-
ceived this morning by tho Committee:
" Guayaquil, Sept. 30, 1852.
"Sinter my last respects H. E. the Resideut has been
absent owing to ill health, sod Las only just returned. Yes-
terday I had an interview with him, and urged the necessity
of his taking into consideration, without delay, the arrange-
ment of the foreign debt, and he has promised me that it
shall be attended to nest month. In the interim he desired
as to say, that good faith shall prevail, that hitherto his
predecessors bad adhered more to promises than acts, but
this should no longer be the case. As yet be has not ap-
pointed his Secretary of Finance, and Mr Cope agrees with
me that it wilt be useless to end. &your to hurry un matters
by sending in official notes, but I trust I shall be utile shortly
to remit you a satisfactory report.
"The decree, to which I referred in my last, bas, after
sow discussion, been passed, which enables the executivt
to treat with me without referees to any future congress.
This is a great point ginned, as a general measure inns-
much as it secures to mu the privilege, on behalf of the
bondholders, to prop so measures without the risk of undue
interference ou the part of oilier's, and while it confirms iu
a legal manner the law of public credit of 1813, in which
sundry provision is made for the foreign debt, it also clean,
away sundry ancient claims of territory by reason or conces-
sions made by previous governments; thus, if the Ecuador
committee pursues its avowed iateutions of surveys, &c., we
have a clear field, which will undoubtedly lead to an im-
provement of the general revenue of the country, and
thereby create moans for the payment of the interest of the
debt. I beg to enclese a copy of the decree.
" The National Assembly are about to close their erosions.
His Excellency the Vice-Presideot, Senor Pacifico Cldri-
bogs, has just arrived from Quito, and I consider the go-
vernment is gaining public confidence.
"A plenipotentiary goes is this steamer to Peru, to adju-t
some political dill:lances, end it is generally considered
that an emir:able arrangement thereof will result from his
minion."

The decree in question affirms the propositions
made by the committee of tho lieuudoriun bond-
holders to be" b.uied on liberal prinziples, so as to
give hope of a happy result," sad one of the articles
stipulates that the executive is empowered to give in
payment of the debt by lease or sale the unexplored
minerals, waste Linda, sod any other national pro-
perty included in the law of public credit.
New York letters mention as a feature of novelty
in the stock market, that the orders from Europe to
sell United States federal stocks exceed those for their
purchase; whilst, on the other hand, the demand for
prominent railroad bonds, both on foreign and
domestic account, was increasing. For the federal
loans, the chief demand was for bankiug purposes.
The supply of money seeking employment was in-
creasing, whilst the rates for bills on London had de-
clined to a point that must lead to a cessation of the
shipments of coin to Great Britain.
The transactions in foreign exchanges were but
limited to-day, and quotations showed only a alight
alteration from those of last post. It may be noticed,
however, that generally biUs were by no means
plentiful. Three 'months Paris bills were rather in
demand at the reduced rate of 25.40, whilst short
paper was done from 23.15 to 20. Amsterdam
showed an upward tendency, bills being offered at
11.181 for three months, and done at 11.18; and
upwards. Hamburg was in great demand at 13.7,
and realised 13.61, with few bills over. Vienna and
Trieste were rather higher at 11.43 to 45, sad 11.43
to 48. In Belgian, Spanish, Portuguese, and Italian
places there was no alteration. Frankfort ruled at
120 to 4, and St. Petersburg at 38 to 1. Our usual
list of the prices negotiated is annexed:

MM. PAW. aa Negotiated this day.
Bills sod IL „ Mosey.
Amsterdam petit Short 1 I ft. Id et..... Ile. 17y a.
Ditto
Rotterdam , 119. I 9 et..... 1111. 19 ate.
Antwerp
Brawls
Outlasts sad dikes lames. elesid.. 79ioce. 7 salt
at. Paterobarg pee ruble , eel
nele lit
pa a ert We. a
13e. ... 255 r. 20e.
.. S Ilkarlasfirr. 875.... 2595. 1514.
.1 .
AlOrit OIL „ „ LSO. 37. k. ... 251 r. 41 o.
Yrrakirra-.4..‘e.r "prr. 810 .. 1204. Okr. ... 5204 e. es
v.m. (ego:WO...writ „ I le. 4314. ... 111. 46Lr.
Trieste
.114 tear.
_

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