The British Press; or, Morning Literary Advertiser.
London, England, 1826-10-14 00:00:00

COLOMRFAN LOANS.

TO THE EDITOR OY THE BRITISH PRESS.
(krona 1 HIM
Sts—l tike the liberty of addressing this letter to you,
Ind I trust you will do me e favour to iert it in your
rotatable j
erre urnal. I readth ns
the Times of yesterday, and
ut*. dan attack ma& on the Colombian ster, tn an
cle from the City.. I have :mg been inlini the habit of
reong that journal, end I think the absence of the gen-
tleman who writes the City Article may easily be traced ;1
he would not have shown so slight a knowledge of business,
as reganla the e ffecting of Insurances.
There is no el uht of the Colombian Minister having
received accounts from Ids Grover anent of the intention of
„mining specie to England to pay Dividends upon the
leans contracted here. In consequence of that information,
the Minister gave orders to insure 800,000 dollars as part
of the intended remittance. Timms orders have been acted
rent apreinted by the Minister for that put-
been in the habit of heaping
vo-s:.). by.ritiheelzimt ~ has long
above upon the Colombians for not keeping faith with their
; and now it seems &sensed to create alarm among
because m
e the prospects are really ean-
Fig°s'illeit:crrs e''flihhe'src co' nduct on the part of that journal reminds
bee of a child who cries for a toy, only to have the ph asure I
'of destroying it. One or two traits of ignorance are be-
trayed in the article to which I allude. It is asked why
Mr. Buristio has rot himself applied directly to some of
tap (not;-era? The answer is, it would have appeared ridi-
culous. Surprise 1•1 ales expressed, and both unfair and unwise
inferences are drawn &MU the Underwriters claiming a
quarter per cent. for cancelling Dr for short inb r. st. The
writer of the article oug:it to have known that this is fre-
quently done in large time policies, and generally to the
extent of a half per cent., itesterel of a foam r. It ought
also to saws beau stated ti it the pie-opium on ships of war
was SOL, and not tos. ; but there is no fear of the quarter
per mut. being paid, as the shipments will undoubtedly be
made.
The Minister is accessed of lending his name to stock
speculations. Those pereons who know Mr. Hurtado are
convinced he is too honourable, too higli-minekal, and too
itelefendent, to have iliac so: would I could say as much
for the percales connected with the Tinier ! That a know-
ledge of a large remittance from Colombia would tend to
advance the price of its securities must he ob%ious. The
fact was as well known at Lloyd's on Tuesday morning ;
as it is now, and it Insist have been as gratifying to the
bowel-holders as it is injurious to those who oppose them.
I will here take leave to obs rve, that, in the absence of
the gentleman who writes the City accounts, the Editor of
the Times attends at Bireliin-lane. Whit the assistance
of Daniel klardesole, in all probability, lie wrote the ar-
ticle " from the City" himself ; and then, in a It stling
paragraph, be roc emmenda our article from the City to at-
tention, as containing rather the elements of judg-
ment than a positive judgment or absolute decision on
the Colombian Bands. This is rather a puzzling definition
foe the gentlemen of the Stock Exchange, and basso teased
Clem, that same are induced to exclaim, with Mr. Liston,
" Really this is too much." But not contented with the
City article, and a leading one, the editor mites in another
paragriph, " That since writing the above we have ascer-
tained that Mr. Hurtado has been out of town since Mon-
day morning." The fact is, Mr. Hurtado was in the City
on that day until very near four o'clock. But how did the
Time a get this information ? Why, by se 'Oleg a messenger
to Portland-place, "who just peeped iii" to bring forth an
untruth. Now, Sir, 1 would ask what inducement could
the 7'imes have for sending to Portland-place for such in-
formation? It is whispered, for " stock jobbing ;" but I
eon% believe it!—it must have been to put the public upon
their Fund. That Mr. II email° should have given his orders
es the gentleman who effected the insurance is praiseworthy ;
the re are few persons better acquainted with the affairs of Ce-
lonbis than that gentleman, the greatest part of hie time has
Len passed in acquiring an intimate knowledge of its con-
ceres,both pail tie al and tinancial,from the earliest days of the
declaration of its independence. This circumstance was not
unknown to the former agents of the Government, and they
became his decided enemies. Mr. Hurled° could not rtp-
ply to them; the one party have failed, and have forced
Mr. Hurtado to seek redress at the hands of the Lord
Chancellor; the tethers have broken up their establishment.
Had the loan contractors kept their faith with Colombia, a
dividend would not have remained unpaid since July last.
Mr. Hutted() was thus left to exercise his own free will ; he
did so, and, in giving his orders it appears lie has once more
aroused the enemies of Mr. Hendrick; but that gentleman
and his friends must be pleased to observe the letter of Mr.
Bated° in the Pebliejedg..r,New Tinies,and Pres.; hut to
tl.e shame of the Tdoes be it said, that they received tl e
same form of letter from Mr. Hurtadds solicitor yesterday
afternoon, the Editor protnising to ingot it. It was also
sent to the Corrirr, but too late. Why did the Editor
suppress this letter, and insert another in the Times?
Mr. Hurtado's denial of the imputations are firm and
manly, and his remark about the insurance is satisfactory
end gentlemanly.
I hope the gentlemen connected with the Times may be
caught in the snare they have set for the unwary. I may
probably trouble you again with some remarks respecting
that Journal and the Colombian Loans; and, by giving oc-
cisieeal references to some of its numbers during the last
two years, call your attention to what I conceive has been
the motives which actuated the occasional writers of the
City and other Articles for the time.

VERITAS.

Lsiteo.—A Liter from Algiers, dated 6th .S:•p-
tenilrer, says—" We have heard from Tripoli that a strong
report, nay, almost an authenticated one, had arrived there
of poor Major Laing, and all his party, having been mur-
dered by one of 113 c tribes in the desert called Twenties.
What s melancholy catastrophe, if true! Ile married the
Consul's (Colonel Warrington's) slaughter the day before
he set off on his exist-anion." As the last accounts of
Major Laing came through Tripoli, w,hich has much more
frevent co.nmanications with central Africa than Algiers
possesses, and as these accounts announced his arrival near
Tnnbuctoo, where the dangers from the tribes of the desert
would nearly cease, we arc strongly disposed to believe that
this report is unfottntlerl.--Ncofsmon.
Le Gentlre Nicholas Stride, Esq. M.P. of Huntrorl, in I
the county of Lancaster. who was returned one of the
Members of Parliament for Pontefract, in this county, at
the last el, ction, is to move the Address to his Majesty'
upon the opening of the nest session of Parliament.-H
Leak Intelligeneer.
Caalstot.oov.—ln a Sitting of the Academy of the Ca-
tholic Religion, at !tome, Dr. Onofrio Concioli spoke of
the craniological system of Dr. Call, and his theory, which
he severely ceratered "as contrary to morality and to the
Catholic religion, being founded on the most absurd fa-
talism and the errotrons doctrine of predestination."
The following whimsical dialogue between a candidate
for an office in the University of Cambridge and an Elector
trok place n short time sit:ce :
Erector—l am surpr;s.,d ‘a your application !we hare one of
rite family in efflre °weedy.
Candidate— I had understood my brother's conduct had given
general satisfaction, and on that pound I ventured to h.: a candi-
date.
li:war—Tone brother, Sir, is a most unexceptionable man—to
meet with One such man is very rEfficult—to meet with two Mel in
the same family is quits impossible.—You will never do, depend
en it.
The candidate, who was unacquainted with his manwrs,
felt much mortified at his reception, and was about to leave
the room, when be lidded, •"lhe experiment, however, is
"1111 trying, and I will do every thing in my power to
an se you." •
'lire Letter, of which the following is a copy reelffitirn,
et titeratim was
,received rsterday morning by the Secre-
tary to a public body in the city. It is almost needless to
add, that the writer has acquired his knowledge of the
English language abroad:—
" Kilned in Jutland, Sept. 24, 1t11143.
" Ste,—By the resent, I have' principally to inform you, the
totally sor the Urn'', Captain James Hutchinson, of and front
Liverpool, hound m Rigs with salt ; the said vessel stroke in the
' eight between the lOth and 11th instant, on a rock near Bleck-
hurts, in the Custom-House disn'et of Hlotrirg, and in a time ofd
an hour she was went to pieces: the captain. the mete, three sailors
and an English pilot, found their dyad in the wares, the riot of the
crew (nitre t'aiinrsl were saved. Of tire cargo and inventory has
nothing could it glre been sawed, and the few thugs of the tacklings
sad part of the wreck which are driven ashore along the coast, aril
not besu!ilet to pay the ensvelli•ig expenses of the authorities
(accorling the las% OA theint'A .1. sale. I am, Sir. your most
e4edttat %urrant, •• P. N."