The British Press; or, Morning Literary Advertiser.
London, England, 1826-08-01 00:00:00

THE BRITISH PRESS.

ship pounds were for America alone. On the proposal of Coon surea about Scotch notes affords a pretty cleat proof of
Wetherstedt, Minister lot Foreign Affairs, the Government haste- the prejudicial influence which is thrown by there cam-
s:llnd to allow 2,000 cwt. of gunpowder to betaken from the Crown blishments into the hands of their numerous partners ; for
grainer; and exported to the West Indies and the continent o the people of Scotland generally did not join in the cry
America for sale.
Bertitw, JULY 26. which was raised on the occasion. It is trueOthat Scotland
It is expected that the commercial convention lately concluded I is differently situated in this respect from England ; but
with England will be attended with many advantages to our ship- we are most decidedly of opinion that no set of men ought
owners in Stettin, Dantrig, Konigsberg, and Memel. As the to possess the influence which hankers must
possess, with-
pwarden ships cost less in building, and the owners pay lower
out some check upon them in the hands of the Legislature.
wen and lower duties at home than the English in their own ,
these bankers have it in their power to raise and debase
ssisantry, the freight is naturally cheaper, tt..d we leant that in the
the price of all species of property, to as great a degree al-
',English ports hastily any but Pruitho chips ore freighted to
As Baltic. England, it is true, gains, on the other hand. by the land ; and as long as their sepa-
most as the Bank of En
tfwailoy of importation, which is now permitted on the payment of rate establishments continue to act without concert, or if
eery moderate (twits, but we could never prevent the importation ; i they were only to act with the same degree of concert as the
Mid, besides, our Statesmen are not in larourof so partial a system of I Scotch banks, there could be no hopes of anything but a
prohibition as is followed in some other countries. Besides, it is a succession of revulsion'. The stability of the Scotch
I 'mistake to believe that we receive only wrought materials and ma-
banks has been owing to the partial adoption of the prin.
nufasseves ; for, to mention one article only, we have from England
several millions of pr.unds of cotton Dist, which is manufactured eiple which would be completely carried into effect by the
in our own looms. It appears also that new channel. arc opening establishment of branch banks from the Bank of England
for our trade to South America and the British West Indies' —provided the Bank of England were plac
cell e
more corn-
with which we are also permitted to trade. pletely than it has yet ostensibly been, undcontrol
EXCHANGES. of the Legislature and his Majesty's Government.
o non, JULY 20.—0 n London, 37 2; two months, 36
Per EnsnutlGll, Jut.ir 14.—0 n London, 1.-16.
•Brar-rx, JULY 25.—0 n L indon, three months, 7V,.
STOCXHOL/I, JULY 13.—0 n London, 90 a 95 days, 12 rix
Iloh. 34 sh, per A: sterling.
VIENNA, JvtY 19.—Three Months, 10 1G --11emburgh Pa-
pas, July 29.
It is said that the late revolution in Turkey was quite
i unexpected. If a reference be made to the pages of the
British Press, a few months back, it will be seen that we
anticipated this event, and that we expressly stated that
the disasters of the Ottoman forces, and the example of the
Egyptians, would at length inducer the Mussulmans to
adopt the European system of discipline. The journalists
who are fat ourable to the Greeks, both on this and
the oilman side of the Channel, seem anxious to
throw discredit on the accounts respecting the suc-
cess of the measures of the SIAT AN. For our parts,
we • conceive that the sucoess of this measure is one of
the most favourable circuinstances which could have hap-
pened to the Greeks, because it removes those obstacles
which prevented England from interfering decisively by
negotiation in their favour. It removes the fears which
we might reasonably have entertained respecting Russia,
by creating a power capable of overbalancing the enormous
resources of that powerful empire. With regard to
Greece, however, we do not mean to say that the to san-
guine views of the Hellenists ought to be realized : pru-
dence and their own interests forbid that; but we have no
hesitation in predicting that the miseries of Greece will
soon be brought to a conclusion.

CITY, Mos:flair EVENING.
'The Money hfarket to-day has displayed some consider-
able activity, at an incresacti price. Consols this morning
opened at 781, but shortly afterwards receded to 78, owing,
it is supposed, to a large supply from certain parties who
have been going for the rise. At the close of the day,
however, Consols (*old seemly be quoted at more than
781, and even this may be considered a high price under
existing circumstances ; the event alone can prove what is
the real value of money, which at this moment is a perfect
uncontmo.litable article in the market. Where are the
mighty movers of the Eldorado? Where are the one
thousand and one speculators in the moveable machines
which have within the last three years appeared for the
transport of treasure, not front its genial, but to its genial
clime? They have disappeared, and nothing remains but
the "fetch" of that once mighty body of illustrious, but
now departed, body politic.
In the Foreign Market this has been settling day, which
has gone off without any default. In the early part of it
there was a decided scarcity in Mexican and Colombian
Stock ; however, towards the close of the day, the de-
ficiency was amply supplied. At the same time, it is rea-
sonable to suppose that holders must have realized very
large losses, at the yellow prices at which the quotations
of this Stock have been made. Colombian are at 31 to
3sj, and Mexican at 5111.
'The Continental Securities are totally steady. Spanish
Bonds are at 81, Greek about 13, Russian 821, and
Danish 58/.
In the Share Market there is still a favourable report to
be made. Brazilian and Tlalpuxahua both bear a quota-
tion at 13 premium.
Mark-lane remains Much in the same state; the present
prospect of the harvest induces few buyers beyond the ne-
cessity of the moment; the prices, therefore look upwards
rather than downwards; for so long as the present favour-
able appearance of a good harvest continues, so long will
the reluctance to buy and the reluctance to sell operate
alike upon the feelings of the parties interested. As soon
as the ascertained point of a goad or bad harvest is known,
which from every appearance at present is likely to be in
favour of the consumer, the point will be decided. These
reasons may appear anomalnti; lint so long as the demand
is what may be termed. from hand to mouth," so long
will the anomaly continue. There may be something in
the opinion that the holders of corn may have as to the
power that the landholders possess over his Majesty's
advisers. If the King's Ministers are beaten in the'r
wishes to open the Corn Market, grain, in spite of every
thing, must get up.

We have not thought proper to insert the ba'derdlasli
which Cotner r has thought tit to publish in the form of a
Petition to his MAJESTY. Every body knows what COBDETT
can say on most subjects. He is always predicting, and
always telling us of the accomplishment of his predictions.
It would be miraculous if some of his prophecies did not
come to pato, for he has taken care to secure them on all
sides, by predicting successively every possible course which
things could take. In this respect Comm yr is a useful
man ; for, generally speaking, he never fails to tell us all that
is to he feared.

We observed the combination of two Ministerial Pa
pers yesterday, without any feeling in the slightest degree
approaching to envy. We were extremely happy when
we agreed in opinion, as we generally did, with the writers
in these Journals ; but we have never bound ourselves to
follow Ministers, or any other set of men, through all the
measures which they may adopt. We are determined to
support Church and State with all the energy that we
possess ; but in doing so we shall ever be anxious, at
' the same time, to support the liberty of the subject.
In our view, the interests of Church and State are
inseparably bound up with the liberty of the subject.
The writer of this article can safely say that he has never
Ipromulgated one sentiment which was not his sincere and 1
serious opinion. While we admire and respect the abili-
ties of the gentlemen at the head of his Majesty's Govern-
ment, we claim for ourselves the right of stating our own
sentiments, without any consideration whatever of these
which may be adopted by his Majesty's Ministers. We
will never support abuses on account of their antiquity—
we will never support power on account of the advantage 1
to be derived from it. Admitting to the utmost the merits
of his Majesty's Ministers (and we admire them in common
with their friends and their foes), we pledge ourselves to
support them only as long as they persevere in that course
which they have hitherto pursued. We engaged to support
Church and State—not in any particular way—not by sup-
porting the abuses either of Church or State—but by advo-
cating those measures which we conscientiously believe to
, be for the interest both of Church and State, without re-
to obsolete prejudices or superannuated scruples.

We diffa considerably from the views of some Journalists
with regard to the Joint Stock Banking Companies, which
it is proposed to establish in preference to the Branch
13anks of the Bank of England. It is not likely that his
NIA., E STY'S Ministers will throw any obstacles in the way
of Joint-Stock Banking Companies; but it really seems to
us to be a very awkward scheme to remedy an evil arising
' from Joint-Stock Companies by new Joint-Stock Compa-
nies. Tl:e want of good sccaritics was in part the cause of
the failures of the Country Banks ; but we will venture to
maintain, and we think to prove, that the very best securi-
ties would* not be a sufficient obstacle to the over-issue of
Rink paper by private establishments. The advance of
money on land, in the first instance, enables the person
who procures it to obtain either more property in land, in
houses, or in some other species of real estate. The pos-
session of this second estate is just as good security for a
' farther advance as that of the first ; and as long as the
rents of the (stem', successively purchased with the ad-
vances, continue to cover the interest, and leave some
profit beside., it is obvious that any person who can
procure a sum of money in the first instance, may, in
theory, be enabled to obtain such ems to infinity, and
I may give the most unexceptionable securities for them.
Any person, therefore, may, even with the joint-stock sys-
tem, easily qualify himself to become a partuer in a bank-
ing concerti ; and the landholders, who might lend their
support to such establishments, would not easily be in-
duced to confine their issues to the amount of their respec-
tive securities, as they would very naturally consider the
siCCUritieS of those to whom notes might be advanced as
joint ones, with theirs, at least for the smount advanced.
'I he building and trading mania would thus be renewed
with so much the greater force, that the apparent stability
of the system would appear incomparably increased. We
think we perceive, in the exclusive fondness which some
display for this scheme, a lurking desire of propping ob-
solete prejudices, by throwing a new power into the
hands of persons whom they corceivel to be unfa-
vourable to theliberal principle of his MAJESTY'S Minis-
try. The clamour raised in Scotland against th. 2 mca-

TURKEY.

[From the Cunstittitionnet.l
ComiwriworLe, JUNE 30.
Jussuf, the Paella of Serres, followed by 400 or 500
Albanians, has arrived in this town, where the ferocious
Aboulouhoud Paths, well known for his cruelty, rejoined
him with 400 men. This is all the assistance which the
Sultan has received, and it is probable he will not receive
any more for a long time. Though we are only separated
from the cify by the diameter of the port, Constantinople
forms a world by itself, and we only learn what posses
thereafter a long interval. We were ignorant, for instance,
that the rebels had penetrated into the harem of the
Prince of the Believers, and that his odolinves were ex-
posed to their violence. Never bad such an event token
place, and to purge the fold of his Highness, care has been
taker to sew up in sacks, and throw into the sea, such of
these poor creatures as have been compromised in the affair.
It is thus that justice is administered in this fine country of
Turkey ; and a crowd of eunuchs, accused of connivance
with the factious, have taken a voyage by sea to the other
world with stones about their necks. The lest of the
Prophet, which is called the sacred standard, is still shut up
in its box, which is exposed to the eyes of the public, for
this is the only way in which this superannuated relic is
viewed. They continue to demolish the barraeks of the Janis-
saries, and they have done the same thing to their kettles
(their revered standards) which the Russians did in the dine
of Souwaroff: Accordingly, Mahmoud 11. is called the
Giaour, or Infidel Sultan, and the Mussultnans are its
greater consternation than if the Russians were encamped
on the Hippodrome. They would like to see them there ;
for what passes is so contrary to their manners,
that it exceeds all credibility. Accordingly, when the
Janissaries were taken from the Legations, these poor
people burst into tears, and. if they had feared nothing
but God, they would have caused themselves to be bap-
tized, in order to remaid in the service of the Ambassadors
of the Christian Powers. They were forced, however, to
go before the iVaiwode of Galata, to curse the memory and
the name of Hadgi-Bektielg, the founder and institutor of
the Janissaries. In order to compel them to adopt this
species of apostasy, some heads have been struck ofr, and
the desire of the Sultan has been complied with. This is
the way in which they have been so perfectly convinced and
so completely converted. Matters are not so easily eettlid
with religious corporations. Accordingly, the Bektadgi
Dervishes have been seen to quit their tekes, or convents,
and run with all their might, to go and preach in Europe and
Asia against the Giaour Sultan, who wishes to change the
religion of the state, by adopting the customs of the Franks.
" Our fathers," they say, " conquered the country with
the sabre, they wish to make us use large tufeks (muskets)
with spits at the end. They will soon force us to take the
hat." The people, on their part, assert that the Congress of
Ackermann has for its object to deliver up the empire to the
Moscovites. All is in confusion, but terror prevails. The
Sultan himself is not without solicitude. He has fallen
out of the hands of the Janissaries into those of the
Arnauts and the Topdgis, who are on his side, because he
has permitted them to pillage, and because he gives them
money, provisions, and the right to kill without inquiry
every one accused of being a Janissary. The populace,
who are furnished with bread and rice at a low price
(for the Turkish Government has the monopoly of
the subsistence of Constantinople), joins in chorus with
the Sultanides ; so that the state has become an, och-
locracy, governed by bread, money, and Lends. Do not
suppose that this is any exaggeration. For example, they
speak of abolishing the principle of confiscation ; in the
mean time they authorise devastation, and if some ulemas
are seen among the reformers, it is because terror is the
order of the day. It is proposed to replace the liamals by
Armenians, a foolish, good, simple sort of people, ready to
sell father and mother for money ; and yet they arc afraid
to take a decisive step, because they are not secure against
an inevitable reaction. I know that it will be reported all
over the world that reformation advances with rapid
strides. The same thing was said the day before Sultan
Mustapha lost his throne and his life. Let us wait for in-
telligence from Bosnia, from the fortresses of the Danube,
from Iconium ; and even if all should be tranquil, be as-
sured that this apparent submission covers thE ashes of a
volcano, and that this silence is a certain sign of a mita-
-atiott which may be delayed, but is inevitable.

It is confidently asserted by a Morning Paper that the
Government intends to propose to Parliament to make
silver a tender for the payment of sums not exceeding 2SI.
It is not stated whether the plan refers to the pet sent silver
coin, on which a considerable seignorage is taken, or to
bullion tendered at the mint price.
It has been finally settleit that his Grace the Duke of
Manchester is to return from Jamaica, and succeed the late
Earl of Chichester as Postmaster-General. This arrange-
ment has, we understand, been made at the special desire of
the King, who has been graciously pleased to express his
approbation of his Grace's adMinistration of the Govern-
ment of Jamaica, and his wish that it should be rewarded
by a permanent appointment at home. His Majesty's con-
siderate attention to the claims of long and conspicuous ser-
vices have thus been again manifested in filling the present •
vacant situation, and we are certain that all classes will
fully admit the propriety and justice of the King's choice.
The Duke of Manchester will be succeeded in the Govern-
ment of Jamaica by Earl Bathurst, whose long and able
administration of Colonial Affairs, as one of his Majesty',
principal S.cretaries of State, pre-eminenely qualifits him
for that important and difficult office. His Lordship's per-
fect acquaintance with the whole policy of his ;Majesty's
Government with respect to the Slave question, his distin-
guished talents, and his manly and elegant deportment,
combine to render him the-fittest man in the empire to be
entrusted with the Government of Jamaica in the present
state of our West India Colonies. Lord Bathurst's seat in
his Majesty's Councils will be filled by the Earl of Aber-
deen. of whom it is only necessary to say that his splendid
acquirements have long pointed him out as a Nobleman on
whom the country might properly call to take part in the
direction of its affairs.—San.
A squadron was seen off Corsica early in July, which
taps reported to be a part of the fleet of Lord Cochrane.
On Thursday, Rear-Admiral Sir Robert W. Otway,
K.C.8., hoisted his flag at Partsmonth on board the
Ganges, 84, Captain S. H. Inglefield, for the South Ame-
rican command. The Ganges is expected to sail this day
for Rio Janeiro. On Sunday 100 snperhumerary Royal
Marines embarked on board her, fur the squadron on the'
station.
On Thursday tips Osprey, Mr. Puget's yacht, arrived
in 72 hours, from Tonningen, a town on the Eyder
River. This vessel was at Copenhagen, the 13th July, on
which day the Gloucester, of 74 guns, Captain J. S. Hor-
ton, and the Lightning steam-vessel, sailed for England.
On the 17th Captain Kotzebue's Russian frigate, from a
voyage of discovery, last from England, strived, on her
way to St. Petersburgh. 'flue Osprey went alp the Baltic
to Kiel, and came thence through the whole country of
Holstein, by the canal, 66 miles, anal down the River
Eyelet. The harvest had all been gathered in, and was an
abundant crop. The country is flat, but the necessaries of
life arc cheap. Bea and mutton, of excellent quality.
per pound ; flour id. a gallon ; eggs ad. a score ' • ducks six
for half-a-crown ; brandy as. a gallon ; holiands 41. a
; and tobacco from O. to ls. per pound.
THREATENING LETTER9.—TIVe following letter has
been received by one of the principal silk-manufacturers in
Spitaltields :
" San—llaving heard of the unnecessary inconsistency and abo-
minable reductions which you have made in the price of your works,
I have taken tip my pen to warn you of the danger to which you
and many others are exposed, unless you immediately raise the
wages of your workmen ; and 1 can assure you I hate it from the
best authority, that very swift destruction awaits you, and all those
who obstinately peraist inopprrssing the poor in tilt way: let me,
therefore, advise you seriously to consider the dangerous situation
in which you stand, and to adept those rneu,ures that will save you
tu.d your fellow-oppressors from utter ruin."
Another manufacturer received a letter on Saturday,'
threatening him that if he did tot give the prices for weav-
ing, established by what is called " The Dia.' (that used
before the passing of the late Acts, to fix the price of weav-
ing), all his silks that were oa the leonis should be cut to
pieces.

Panct..43tATlON
OF THE PROAGAINVISIONAI. GOVE
PIRNMENT OF GREECE
ST THE RATES.

NAertnA, JUNE 19.
Reflecting with sorrow on the inefficiency of all the nreasures
taken to put an end to the piracies committed on our seas, co,virced
that these unpanlonable and frightful robberies, the work of men
given to wickedness and unworthy of the Grecian name, bring
down on the whole nation the indignation of neutral., and the
hatred of all those nations whose commerce suffers in consequence;
wishing to put an end, by every possible means, to these piracies,
and to bring the offenders to a condign punishment—for the worn-
plislitnent of which objects the Government has again and again
claimed the co-operation of neutral ships of war in the Archipelago,
the Committee ..f Direction declares as follows:
Art. 1. No Greek vessel, with the exception of those which form
part of the Greek fleet, have the right of carrying the war. flag, or
of cruising either in the Greek seas, or in those adjoining
2. The commanders of vessels, even those armed, and which
form part of the Greek fleet, and having, besides their regular
papers. a commission front the Government, either for a cruise or
for the blockade of any place, or are authorized by a special order
front the Admiral of the fleet, are prohibited from stopping neutral
vessels, unless these vessels, on the enemy's coast, are carrying to '
the fleet or army, or any fortress of the enemy, provisions, warlike
stores, or any other commodities that are accounted contraband in
time of war.
3. Upon this declaration, the following description of vessels
shall be regarded a. pirwese-1. Those which, without forming
part of the Greek ?flat, shall cruise in those seas. 2. Thine which
belong to that fleet, but which are not perry ded wide regular pa-
pers, or letters of marque, signed by the Government or byelte
Admiral. 3. All the small armed vessels fitted up for a cruise, such
as the misticks, the peramcs, and those called clephtines.
4. The local authorities established in the isles nr on the maws of
Greece, and the commanders of vessels of war provided with regu-
lar papers, are ordered to stop and deliver up to Goecnstneat all
those vessels which, according .o the preceding article, ought to bt, '
regarded as pirates. If the vessels make resistance, the veststls el
war arc to purser them, and e Hine sink or burn them ; if taken, de-
liver up the crew to Government.
fi. It is expressly forbidden, after the date of this declaration, to
construct perames, elephtines, and vessels of that description, evi-
dently made for the purpose of cruising as pirates. It those who
arc present building such vessels do not immediately cease, or if
any after this shall commence anew, they shall be liable to tine and
imprisonment.
ti. All neutral vessels loaded with contraband warlike stores,
which shall be taken by any of the vess.le beloe7ing to the Greek
fleet, }novelly qualified, according to Article 2. shall be immedi-
ately carried to the nearest port, - where an Admiralty Court is
established, in order to be examined—condemned, if illegal.
Further, if those who capture them shall, before currying them into
such port, either touch the cargo, or take possersion of it by force,
it they insult or wound the captain, the sailors, or pw seniors, not
rally shall they len their share of the prizes, hut they shall be con-
sidered as pirates, and condemned acestrdingly.
7. The prevent declaration shall be trarstnitted to the Admirals
and Commanders of the neutral vessels in the Mediterranean, whore
co-operation the Greek Government again claim. in order to put a
stop more effectually to those mraeits which excite opprolniuni and
general indignation against the people silo are innecznt, and
against the whole Greek nation, although these piracies do not in-
jure more the commerce of neutral nations than that of the Greeks
themselves, whose homes, property, and even life, at times, is not
secure against the attacks of these plunderers.
(Signed) A. ZAIMIS, President. is
C. ZOGNAPHOS,Sec.GeneraI.
Nauplia, May 27 (June 11),11121;.
A foreign jottrnal announces, that there is at present re-
young an, twenty-eight years of egg,
saidniantg in
native of Illirdies: a m
h el, in Barbary, whose hair leas attained,
in ail directions, the extraordinary lengilt ur f)ur fret, and
is of the comiszoney of hog's bristles.