The British Press; or, Morning Literary Advertiser.
London, England, 1825-08-04 00:00:00

(From the Drapcau Blanc of Monday.]

AiADRIII, Juts* 21.
An expedition, composed of two frigates, several corvettes, andl
some transports, will sail from Ferrol the Ist of September, and
convey 0,000 men to Porto Rico, and 2,500 to the Ilavannah.
neral Gaston, all whose brothers and relations are in the service of
Colombia, and who at present commands the maritime forces of
Spain in the island of Cuba, has been recalled, and is to be re.
placed by Captain Laborde, a man wholly devoted to the King,
but who has always maintained that Spain ought to emincipate her
colonies. •

FRENCH FUNDS, PARIS, AUGUST I.—Five per Cents.
102 f. 20c. ; 3 ditto, 751. 40c.; Rents de Naples, Certif. Fal.
connet, 211 f. 00c. ; Exchange on London, one month, 251.; tine*
months, 241. 115c.—Courr, ifftfbentitine.

The intelligence received yesterday through the German
Papers from the Mores is of a character alarming to the
friends of Greek independence. But there is so much con-
fusion and contradiction in the news we have from Greece!
across the Continent, that, before we give credence to any
of these melancholy tidings, we are bound to wait patiently
'till we obtain through some other channel a confirmation!
of the statements. We are now told that instead of It:ae-
nnst DACHA having been completely overthrown by Corm-
COI RONI near Tripolizza, and compelled to retreat fort
shelter under the walla of Merlon, lie has advanced to
Argos, baying previously taken Tripoligza, and defeated
the Greeks in every attempt to arrest or retard his progress.
The Greeks, it is stated, incapable of defending their soil
from the incursioniof the barbarians, had, with their own
hands, laid the country waste. All the villages on the line
of march had been burned, and Tripolis/a itself was de-
stroyed in order to prevent it from being occupied by the
enemy. COLOCOTRONI is represented to have made all
the resistance possible with the means at his disposal ; but
finding it in vain, he patriotically sacrificed the whole of
his property which lay iu the environs of Tripolizza. We
fear that the dangers that now menace the independence
of Greece are more serious than any that have preceded
I them ; hut we have no reason to despair of its triumph.
It appears certain that the siege of Missolonglii has been
raised by RtnvCIIID PACIIA, whose losses hare been con-
siderable. It is stated that his force is so much reduced
that he can undertake no fresh enterprise against the
Greika. They will therefore be safe on this side, and it
will be surpising•if despair alone do not enable them top
deliver themselves from ERA HIM and his Egyptians.

•
The rurnfinr That Ilia Majesty's Goternment have re-
fused to ratify the treaty with Mexico was yesterday again
cirenlated on the Royal Exchange. There is a manifest
absurdity in supposing that the British Government would
object to ratify a treaty of such a nature, and made ender
such circumstances—a treaty of which the terms were pro-
posed by the British Commissioners. There is, however,
a slight difficulty attending this treaty, which will delay
• the formal exchange of the ratifications. This point, we
understand, relates to the funeral of the dead. This has
been explained and adjusted in a separate article, and the
treaty has been returned to Mexico fully ratified by the
British Government, and requiring only for its completion
the sanction of the Mexican Congreai to the additional
clause.

The United Provinces of Central America appear, by the
last advice, from Guatircala, to be proceeding tranquilly
with the consolidation of their new institutions. The
following is an extract of A letterirom a highly respectable
and intelligent individualtesiding there. It is dated from
Gustitnala, May 6:—
Don DIANUEL .JOSE Aries is elected the President of this
Republic for four years, and Don MARI•NO PELTILANENA the
Vice-President. A Senate of 12 members end a Federal Congress
of 42 ate occupied with the public affairs; the new system as feed
by the Constitution is In full effeet, with the general opinion de-
cidedly in Its favour; tranquillity prevails throughout the Repub-
lic, and every thing seems to promise such a permament establish-
ment of the administration is will entitle this nation to the
acknowledgment of its Independence, as well as that of the others
of the American Continent."
The following mystexieux article appeared yesterday in
an Evening Paper:—
" Advices Of some toast importance have reached London
from Colombia. A deputation, consisting of Colonel Nsnva oi
and Senor AIMITIMIUS. immediately proceed to England, to in-
vestigate all the MINTS relative to the late loan."

" All the matters" which arc to be investigated by these
two gentlemen may be stated in very few words. It will
be remembered that when the last Colombian loan was
taken, it was the object of considerable competition. Among
the unsuccessful bidders were two gentlemen of the Stock
Exchange, who contended that they had been ill used, in-'
asmuch as their offer was higher than the one which was
actually accepted. These gentlemen sent out a representa-
tion to the Congress of Colombia on the subject, and the
Congress thereupon have appointed two gentlemen to in-
vestigate whether 'the conduct of the Commissioners who
negotiated the loan was correct in rejecting the offer of the
memorialists ; and if it proves not to have been so, they
have ordered that the Co:nmissioners shall pay to the pub-
lie treasury whatever loss the State may have sustained by
their mismanagement. In the mean time, the contract for
the loan has been ratified. The conduct of the Colombian
Congress on this occasion has been correct and judicious,
and this occurrence adds one to the many proofs of the ad-
vantages of the representative system, by means of which
every thing is broUght to discussion in open daylight—cor-
ruption, if it exist, is unmasked—satisfaction is obtained,
or at least sought fur by proper means, and a wholesome
lesson given for the future.

CITY, 'WEDNESDAY EVENING.

There are rin arrivals this day from any foreign quarter by
which any later intelligence could have been received, and conse-
quently the same dearth of political and commercial information
continues to prevail in the City which we have been obliged to no.
tice for some time. The Consols opened in the morning at gog,
but the Children of Israel speculated on their falling, and by ope-
rations the most extensive they succeeded in causing them to de-
cline t 0904, occasioning at thesametimenosmallquantityof surprise
and panic amongst the other dealers. When theJCWII, who generally
operate in the English market, suspended their operations, a reaction
occurred in the Consols, for there still exists a considerable desire
amongst Capitalists, as well Jews as Gentiles, for investing
money la them, and the amount of real stock in the market for sale
is at the same time unusually limited. Before the closing of the
market real purchases produced their necessary consequen:a.
and 941 i was the closing price of the day.
The attempt of Al. De V/LT.ELE to reduce the Interest payable
on the French national debt 20 per cent. per annum, at the time
when money bears a higher interest in private channels in France
than that which, after the reduction of the rentes, can be obtained
for it in the public debt, appears superficially to be an effort beyond
the power even of the Government itself. But then all who are
acquainted with the internal prosperity which at present is enjoyed
by France, and the great internal sources of that kingdom during
the continuation of profound peace, do not entertain a doubt of the
d per cent. renter advancing 20 per cent. above their present price,
if any certainty should exist of the inability of the Government to
mince them into threes, or to pay them MY; for there is a vast dif-
ference in receiving at stated periods a fixed annuity from a well
established Government, and receiving an income from the loan of
money to individuals on doubtful securities. That the French Go-
vernment will succeed in reducing the interest of their national en-
gagements eventually cannot be doubted, though perhaps they will
not be able to get such good terms as the acceptance of a 9 per cent.
annuity for every subscription of 7.. It is a dacult operation to
prevail on annuitants to take 4 instead of 5 per cent., and nothing
but abundance of unemployed capital can induce them to make
this sacrifice of their private property. That this abuidance of
capital does exist, however, would soon be proved by the advanced
value which the Fives would reach, were the .e any certainty that
the power of the Government was unequal to their reduction ; and
hence arises the universally given opinion that the interest of the
French Funds will be reduced, although an eminent capitalist, in
conjunction with *too extensive British mercantile establishments,
would prefer a loan as tire means for accomplishing the French
111 in ister's financial operation to a general inscription on the part
of the annuitant into the Three per Cent. Stock.

Very little business was done this day on the Foreign Stock
Exchange. South American Stocks are again lower. Colombian
Bonds Of 1824, opened 114 i, fell to and closed at 833. There
can be no other cause for this erect than speculation, for purcnases
are daily made of these securities for country and foreign capitalists.
They yield an excellent rate of interest, and are as safe as national
securities generally can be. Mexican Scrip is also a shade lower,
in consequence of the absurd rumour that the commercial treaty
with Mexico is not ratified. Brazil Scrip has fallen to 4 per cent.
discount. The unjust aggression of the Emperor of Brazil on
;Montevideo is a well-grounded reason for this decline. Greek
Scrip is per cent. deem •titan it was-'yesterday. This nation has
a heavy contest to maintain with the barbarian. 3 but as victory or
death must be the result to the Christians, great condense is still
reposed by British capitalists in the certainty of the final triumph
of this great effort at independence.

A French journal announces, ns a positive fact, that
two French frigates have asiled, under the. cnnunand of M.
de Makan, direct for St. Domingo; and that that of
bears to the President Boyer the ultimatum of France con-
cerning that colony.
A letter from Paris. dated Monday, states that Cogrricr
Francais of the preceding day had been seized 48 hours
after publication, in consequence of a letter which appeared
in it from a person who had abjured the Catholic religion
and turned Protestant.
Extract from the Churl:ton Courier, June 20, 1825 :
" An idea," says a Mississippi paper, "of the general
rage for speculation in the Cotton Market nt the present
time may be derived heat the fact of a single bale of that
article having been sold at kheriffit sale last week, at
Bayou Sura Landing, for 14,1 dollars 92 cents."
CIISRAV, Juts 17.—Business for the present season
(except the vending of goods by retail) may be considered
at nn end in this place. There is no Cotton coming to
market, and but very little of other produce. The Price■
current are therefore entirely nominal; and we shall con-
sequently cease to publish them until the Fall.—Char/don
Ccrtrier,June 22.

Letters from Liveipool state that the steam boat the Li-
bertador would nroceNl to sea in a few days. She is to go
dimity to the Orinoco, and to navigate that immense sn.l
rapid river, ut der an agreement between the Colo::
Gomm-nein and Ilamittou.

PASIIIONABLE 13.1'71.k LIDk ATE.

The Duke of D.Nonatft7e I.:ft town yesterday Tot his seat, Chats
worth, Derbyshire.
The Duke of Rutland has left town for Searhorough, Yorkshire
The lion. Col. Hawed, M.P. and family, left town yeterday,
fur their seat, Elfrod, near Litchfield, Staffordshire.
The Earl of Sefton left town yesterdy for the Isle of Wight
The Hon. R. Watson left town yesterday for Exeter.
Lord and Lady fiwyder and family have left town for the seat,
Drummond Castle. Scotland.
Lord Molyneux left town yesterday for his father's (the Earl V
Sefton) seat. Croxteth Hall. near Liverpool.
The Lord Chancellor of Ireland, and Lady Manners, arrived on
Sunday, at %Warren's Hotel, Regent-street, from Ireland; and
Edward Lamb, jun. Eq. at ditto, from Norfolk.—Departures.
Colonel de Moos, for 'Brighton ; and Heidi Drummond, Esq. for
Su•sex.
D. Radcliffe, Esq. and family left town yesterday for Scotland.
%Yin. Cunyngham, Esq. arrived yesterday at Gould.' Hotel,
Jcrmyn•stteet, hoin Yarmouth.
Departures from the Clarendon Hovel, Bond•street —Sir ins.
and Miss Copley to the Marquis of Exeter's seat, Burleigh, Lin-
cohothire ; and Mr. and Miss Copley.
Departures from the London hotel, Albemarle-sreet :—Mrs.
Trrlawny Brereton, .liss Trelawny, and the Countess of Car-
digan. for the seat of Sir Christopher Hawkins, Bart. Trewithen,
Cornwall. _

The Earl of Besborough has left town for his seat at Roe-
hampton.
The Duke and Duchess of Cambridge have arrived at Bagshot,
from Portsmouth. _ _ _

Departures from the Brunswick House Hotel:—Captain and
Mrs. Franks for the Continent; Wm. Owen, Esq. for Chelten.
ham: and Charles Normsnsell, Esq. for Ireland.
Mr. Charles Wright, from the Opera Colonnade, Haymarket,
has left town for Champagne and Bordeaux.

COWES, AUGUST 2.

The Duke and Duchess of Cambridge, accompanied by
Prince George and Princess Augusta of Cambridge, and
attended by Colonel Prott and Baroness Aliffeldt, arrived
here on SUnday from Portsmouth, in the Medina steam-
packet. Their Royal Highnesses and suite proceeded to
the residence of Mr. and Itlra. Nash, at East Cowes, on a
visit for a few days.
The Duke and• Duchess, after attending the first day's
races at Brighton, on Thursday last, left the Pavilion in
three carriages and four on Friday morning, for Portsmouth.
Their Royal Highnesses stopped, on their way, at Chiches-
ter; and, accompanied by the infant Prince and Prince's,
together with their suite, went over the Castle there, and
afterwards promenaded in the Park adjoining it. Their
Royal Highnesses arrived at Portsmouth on Friday evening,
and proceeded to the George Inn, where their Royal High-
nesses remained during their stay.
On Saturday morning the Duke and Duchess, accom-
panied by the infant Prince and Princess, and attended by
IBaronesa Ahlfeldt and Colonel Prott, went on board and
inspected his Majesty's ships the Royal George and the
Victory. Their Royal Highnesses were saluted by all the
King's ships lyihg off Portsmouth and Spithead. Their
Royal Highnesses afterwards went over Portsmouth dock-
yard, aid also surveyed the Princess Charlotte, and other'
ships, which arc building at Spithead. Their Royal
Highnesses likewise inspected the fortifications at Ports-
mouth, &c.
There was a select party to meet their Royal Highnesses
to dinner on Sunday, at the residence of Mr. Nash.
The greatest part of the Nobility and Gentry of West
land East Cowes and their vicinity, called yesterday at the
residence of Mr. Nash, to inquire after the health of the
Duke and Duchess.

Yesterday their Royal Highnesses, accompanied by the
infant Prince and Princess, left the residence of Mr. Nash
in two carriages and four: passed through Newport, and
visited Appuldercombe-park, the residence of Lord Yar-
borough. If is Lordship returned with their Royal High-
nesses to the residence of Mr. Nash, about seven o'clock in
the evening.
The Marquis of Anglcsea, Lord Henry Seymour, Lord
Yarborough, &c. had the honour of dining with their
Royal Highnesses yesterday. In the evening there was a
numerous party of Nobility, &e.
The Royal buke and Duchess are expecte I to honour
the public breakfast given by Lord Yarborough, at Appul-
dercombe-park, with their presence this day.