The British Press; or, Morning Literary Advertiser.
London, England, 1825-06-24 00:00:00

DRURY-LANE THEATRE.

Mrs. BUNN has the honour to announce to the Nobility, Gentry.
her Friends, and the Public in general, that her BENEFIT takes place
on TUESLKY NEXT, June 28, on which occasion The two celebrated
Tragedians, Mr. Kean and Mr. Young, will Vaud together In Brittle-
spout's Tragedy of
OTHELLO.

Othello, Mr. Bean; Bun, Gesdemona, Mr.. W. West;
Mrs. Bunn.
In the course of the enrenlng Songs by Messrs. Harley and Knight, Mes-
dames Stephens and Gredlion, end Madame Vestris.
To conclude with TILE BEGGARS' OPERA.
Captain Macheath. Madame Your!' ; Polly, Miss Stephens.

lIAYMARKE7' THEATRE.
Thle Evening, FRIDAY, Jane 24, wlll be performed
Tim LADY AND THE DEViL.
WUdlove, Mr. P. Farren; Zephyrina, Mrs. Waylett.
After watch.
SWEETHEARTS AND WIVES.
2111 y Laekaday, Mr. Listun ; Laura. Madame Vestrls.
Tu ouneluite with
THE AGREEABLE SURPRISE.
Limp. Kr. Ltstuat Cowslip, tin.

•
COVENT-GARDEN THEATRE.
This Evening. FRIDAV, June 24. will he performed
THE RIVALS.
Sir Anthony Absolute, Mr.W. Ferran; Captain Absolute, Mr./outer
Faulkland, Mr. Cooper; Acres, Mr. Keeley. Lydia Languish, Miss
Foods; JulL%, Mrs. Faucit.
After which THE PADLOCK.
Leonora, Miss Paton.
• THE ENGLISH OPERA HOUSE •
WILL OPEN for the SUMMER SEASON on THURSDAY NEXT,
June 30, with an entirety
NKW COMIC OPEItA,
Ir. which Miss Stephens wilt perform.

GARDENS, VAUXHALL.
UNDER .THE ESPECIAL PATRONAGE OF HIS MAJESTV.
This Evenftig, FRIDAY, 24th of June, properb GALA FETE will
be given ret the Royal Gardens. when they sill be most splendidly
illuminated with numerous Devices. &c. &c. The Entertainment*
will commence with a Grand Concert of Vocal and Instrumental
Music. Including a Concerto on the Trumpet by Mr. Gilbert; the
favourite Ballet in the new Theatre, by th► whole Corps; the Female
Juggler, who re.'eivcd such unhounded applause on the two first even.
huts, will exhibit her astonishing powers for the third time; this unri-
valled French J ugg:er will also go through his celebrated Performances
on the Stage; the young American will repeat his wonderful Evaltt.
Huns on the Mack Rope; the unequalled Fnutocchil in the Rotunda,
Costnoriunsts, &e. &e. To conclude with a most splendid Exhibition
of lire Wort:a, in the midst of which Mr. Rlackmore will astonish his
visitors by a terrific Ascent during showers of lire.
Doors open at Seven.— Idrolssion, 3s. 6d.

The BEITIS3I Paris commenced publishing Yesterday morning
at half-past five o'clock.
LONDON. FRIDAY, Juxi 24, 1825.
In the Paris Papers that reached our office last night,
we find scarcely a Raragraph *orth extracting. The
Et (pile give% an official lattlfetin of .the destruction of a great
part of the Egyptian fleet off Modon. The fire, it appears,
communicated from the burning vessels to the town.
During the general conflagration, the powder magazines
explod,d. The army of IBRAHIM PACIIA must therefore
be deprived of all resources. It seems impible that he
should avoid falling into the hands of thosse
victorious
Greeks.
[From the Doge, dated Wednesdey, J one 17.1
ZANTE, 3IAT 18.
Several French officers in the service of the Viceroy of Egypt,
who have fallen into the hands of the Greeks in the late actions
which have taken pace in the 51orea, have demanded their
liberty. and claimed the protection of the Consuls of their ,nation.
They pretend that they did not go to Egypt withoto the tacit per.
mission of the French Government, and they endeavour to prove it
by alleging that not only their half pay continues to be paid them,
but that they are not even struck off the roll of their regimentrn It
is Generals Royer and 'Arran who engage these officers for theYiee-
roy. This emigration to Egypt geniis to be favoured in France, in
order to maintain a connection with that country, and to balance
the influence of the English who render themselves agreeable to the
Viceroy, by the advantage which his Exchequer derives from the
immense purchases of fine cotton which they make in his country.
—Augrburc Gozrlte.
GREECE.
At Sea, before Modoo, Nay 13, 1825.
FIRST IDIVISTON OF THE CHEEK FLEET.
Yesterday, at three o'clock in the afternoon, having the wind in
our favour, we attacked the Egyptian fleet near the Isles of Se-
pietism. Six of our fire-ships, directed hr our Intro anthem', in,.
mediately fell on s part of the enemy's fleet, which was at anchor
under the walls of Mndon, while we gave chace to thereat of the
fleet. One frigate of 54 gone, one of 3', two corvettes of 26, and
twenty transports, were completely burnt. The wind carried the
fire to the fortress, so that, in spite of all the efforts of the besieged,
it was impossible to preserve the town from It. Alodon had been
burning live hours, when we heard at a distance a terrible explo-
sion. This morning we have learnt that all the powder magazines,
and all the ammunition and provisions of the Egyptian army, have
fallen a prey to the flames.
(Signed) Admiral MfAULIS.
[From the Journal de Paris of Tuesday.]
PARIS, JUNE 20.
Captnin Philippe Gonna, jun., who nailed from St. Thomas's on
the 9th of April, and arrived on the 13th June at Marseilles,
states that there had been a fire at St. Thomas's, which had de.
snored half the town, and that in consequence of this event, 150
people of colour had beeen arrested.

(From the COL crier F rancais of Tuesday.l
OIRR•LTAR, Jtnr 4.
Messrs. Brotherton, Northop, and Cattorill, Captains of the
Colombian vessels of war El Vencedor, El General Santander, and
El Aquila, have just set sail for the south-west. A gallint and
brig, of the same nation, are stationed at this moment uft'Cape
Gets. where they are at present cruising. Seven other corsairs are
off Cadiz. The Spanish steam-vessel charged with the correspond.
ence of that city with the Mediterranean parts, having lately been
in great danger of being taken by the Independents, was obliged,
to escape them, to take refuge in the midst of las pnereas (flats un-
der the walls of Cadiz.) :several other Colombian brigs and gal.
lints cruise off other points of the Spanish coast, and there does not
a day pass that they do not take a prize.
FRENCH FUNDS.—PARIS, JUNE 21 —Five per Cents. 102 f.
60c. ; Three per Cents. 7M. 85e. ; Bank Stock, 2,200 f.; Neapolitan
Five per Cents. Certif. Falconnet, 89f. ; Bente d'Eapagne, Itlf. ;
Royal Spanish Loan, All. Exchange on London—One month, 25f.;
three mor.ths, 24f. Bk.—Coors Anther:ague, Jane 21.

It becomes important, as the day approaThes when the
new Spanish Loan will be brought out, to consider the
principle on which it is understood to be founded. The
King of Sr A N, on regaining his absolute power, thought
proper to declare all the acts of his Government, under the
constitutional system, null and void. Among these acts
he included the obligations he owed to his foreign creditors
on account of the loans raised under his authority, partly
for the maintenance of his Court and F2mily. In conse-
quence of this scandalous fraud (for by no milder name
should it be designated,) the bonds of the Cortes, as they
are called, have, for a great length of time, been at an ex-
ceedingly low price in the market. His Catholic Majesty
is now willing to allow these bonds to be admitted in sub-
scription to a new loan, but only at a rate much below the
value for which he originally issued them. In the first
instance, having bound himself as solemnly as any debtcr
could, he openly and ostentatiously violated his engage-'
ment, on a pretence which, if alloWed, would put an end
to all public faith. He now proposes to take advantage of
the wrong he has done, and buy up his dishonoured bonds
as cheaply as he supposes the wants or despair of his credi-
tors will induce them to part with their claims. He
refuses to pay, not on the ground of insolvency, but be-
cause he will not acknowledge the justice of the debt; and
he himself fixes the rate of composition at which, in his
sovereign pleasure, he consents to extinguish these dernancla
upon his treasury. If he would declare himself insolvent,
and put all his creditors upon a fair and equal footing, there
could be no objection to the proceeding. In such a case, each
creditor must take what the State could afford to pay him.
But FERDI NA ND singles out a particular class of his cre-
ditors; and because it is his royal will, insists upon
their accepting a composition in lieu of their just claims.
The question which the Stock Exchange have to decide is,
whether so monstrous a breach of faith shall, for the first
time, be permitted, and made a precedent for other Sove-
reigns and States to follow ? The amount of the composi-
tion is immaterial. if it were 99 per cent. we should
as strongly object to the principle. It would be well, we
think, at this moment, if the bondholders were to meet
and concert measures in defence of their rights. If they
silently acquiesce in the injustice with which they are
threatened, they will be fit to be enrolled among the vilest
vassals of this rey lit tO, to whom, without resiatance, they
surrender their purses.

The Judges' Salaries Bidwas read a second time last
night in the House of Lords. The Earl of Livearoot
stated very clearly the objects of this measure, and the ac-
companying Bills for the better administration of justice,
by abolishing the sale of offices and sinecure phieta in the
Courts of Law. The Marquis of LANSOOWN fully
assented to the propriety of augmenting the salaries
of the Puisne Judges, and fixing those of the Chief
Justices. lie objected only to leaving the judicature
of Wales in its present state, and urged its assimi-
lation to the English system. Lord ELLENBOROUCH
saw no reason for depriving the Chief Justices of the pa-
tronage they had so long possessed. He denied that it was
customary to sell the offices in their gift ; the usual
course was to bestow them on the members of their own
family. The LORD CHANCELLOR entirely approved of
the change. It was impossible to keep the Courts of Jus-
tice too pure, or free from suspicion in public opinion. His
Lordship made some interesting statements with regard to

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