The British Press; or, Morning Literary Advertiser.
London, England, 1825-03-26 00:00:00

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some observation on Joint Stock Companies, which,
though we are much curtailed for space, we cannot suffer
to pass without a few remarks. His Lordship spoke of
the " tressoirtefetry with which Joint Stock Companies
, bad taken kohl of the public mind," and he expressed
" a hope that their Lordships would take Tefuat means
to stem a ton ant, which in time of p: ace seemed to threaten
.greater cv:ls than any other of which lie hail ever heard."
This is very strong language, and we do not hesitate to
Nay that it is wholly unwarranted both as to fact and in-
ference. The Noble Earl appears to fancy that all the
capital of the country is flowing out of it for ever, and
thit, instead of becoming the virtual proprietors of the
riches ***the New World, we arc about to transfer thither
all the wealth we no* possess. The Noble Earl we
know is engaged in researches on this subject, and ought
to be well informed upon it; but we believe it will
not be difficult to show that he is deeply in error.
As to the " alesoleete fiery," which somebody hav told
his Lordship " has taken hold of the public mind,"
there never was a more poetical fact palmed upon a grace
legislator. We would advise the Noble Earl in future to
consult a criterion which can never mislead him as to the
state of public feeling regarding the eeherneir in the mar-
ket. Let the Earl of LAU DIiaTALE look for a moment at
the prices of shares, as quoted in the daily papers. Hoar
widely different the result from that stated by his Lord-
ship! Are all the Joint Stock Companies bought tip with
" absolute fury" now, as in 1740, to which year w:
rather think the Noble Earl must have been alluding ?
In our Share List of yesterday, out of thirty-three Com-
panies of every kind, only seven are quoted as having been
done" at any period of the day above Cu prem. per share;
two are between 10 and 20, and the rest sink downward,
to a discount. Five of those named in the list are below
roe ; and be it observed only the b. st speculations sue
mentioned at all! Dos this state of things indicate any
"pry" in the public mind? Certainly not: never was
it metre sober or tranquil. The " absolute fury" is en-
tirely with those who will have it that the country mini*
be ruined by these schemes, though nobody can Twin
out in what the " evil" really consists. Lord Lettana.
DALE, however, has promis.vi to " prove the injurious
tendency of these innumerable speculations." Again, we
recommend the Noble Earl, before he undertakes to devise
"effectual means to stem the torrent," to make himself
quite sure that it is as deep and rapid and dangerous as
he seems at present to suppose.
The just and statesmanlike observations of the Earl of
T,ivancoot. will be read with attention and satisfacion.
Ills Lordship is quite right in depriving the speculators of
all hope of relief from Government in case of the failure of
.heir schemes. Let them understand clearly that they
embark in the; rejects entirely at their own risk ; but let us
hear no more of " effectual means" to prevent men from
risking what portion of their property they please.

Mr. II USICISSON last night brought forward the remainder of kis
Resolutions respecting the trade of the country. The speech of the
Right Hon. Oentlernan was delivered with that clear and unaffected
simplicity which agrees so excellently with the nature of his subject.
In the commercial world it will be read with deep interest.

The Bill for the removal of the civil disabilities of the Roman
Catholics has been printed, and will be found at length in our co-
lumns of this morning. It will, we hope and believe, be deemed
amply sufficient in its securities for the preservation of those parts
of the Constitution which are essentially protestant, while it throws
open fairly andliberally to all his 31A3ESTT.111 subjects the tight
of adpissibility to all the offices and honours of the realm. The

preamble begins with declaring that the protestant succession and
the protestant episcopal church of England and- Ireland, and the
presbyterian church of Scotland, are established permanently and
inviolably. The Bill then enacts that the declarations agait.st
transubstantiation, the invocation of saints, and the-mass, shall
not, in future, be required as qualifications for the exercise or en-
joyment of any office, franchise, or civil right, and that instead of
the oath of supremacy, another oath set forth in the Bill shall be
talen by the Roman Catholics. It is next provided that the laws
-eapecting the protestant succession and the marriages of the Royal
Family abash remain unaltered, and the Act of Uniformity also. By
the following clause Roman Catholics are excluded from all eeclesias.
deal and collegiate establishments and from exereisieg the right
of premonition, or holding the offices of Lord Lieutenant or
Claw:elm. Some regulations relative to the appointment of
Roman Catholic Bishops and Deans in Ireland are then declared
to be necessary, and for that purpose the Bill enacts that a Corn.
mission, revokable at pleasure, shall be lifted to such Roman
Cathol‘c Bishops as his MAJESTY shall think tit to select, ant horis-
ing them to form a Board to certify the appointment of all future
liishoes and Deans in their Chureh, who before they eon act as
Inch must take the oaths prescribed by the Bill. All Bulls and
other Spiritual instruments are to be laid befhre these Commis-
sioners, who are to inspect them and report the receipt of them
to the Government. Persons neglecting to inasmit any Bull or
other instrument, err: in future to be deemed guilty of a mimic.
meanour, instead of the former severe and conseccuently inoperative
and useless penal,ies. In the Bill we think there is really nothing
on the one hand to excite alarm or jealousy, nor on the other to be
received with distrust or suspicion. We therefore conlidctify trust
that this Statute will produce the " consummation so devoutly to
be wished," and so eloquently stated in the preamble—" that all
hit alaseseT's faithful and dutiful subjects may grow irro one
nation," and that " there may be an utter oblivion and extinguish-
ment cf all former dissensions and discords, by uniting and knitting
together the hearts of all his 311a-resee'a subjeets in one and the
same interest, for the support of his Martsee's person, family.
crown, and government, and for the defence of their common righ t
and liberties."
We fear, however, that this great and most salutary measure of
policy and justice will yet have to sustain a seong and dangerous
opposition ire Parliament. The Loan Cnatocet.Loa took occa-
sion last night, on the presentation of a petition, to declare that
his sentimems relative to this question had under),one no change
whet re ; and he spoke in terms so decided that there can be no
doubt be will exert all his vast influence to defeat its success.
Some other Noble Lords, high in office, were present, to whom
rumour ham ascribed some modification of their former opinions.
and it is worthy of remark that they did not follow the example
of the LORD C'EmicttLon.

Reports have been current for the last two days ;hat the mission
of 31r. STNATTORD CASNINO to Sr. Petersburgh respecting the
Greeks had been frustrated, and that he was on the point of return-
ing home in conscqueece of the disagreement between the two
Governments on, that question. We feel much gratifirl on bring'
enabled to give an absolute contradiction to these reports. We on.
dentand that the negotiations are proceeding in the most friendly
manner, and are expected to he concluded with perfect satisfaction
to all the parties concerned. We suspect that these reports formed the
demier ressort of the cabal who have conspired to depress the value
of Greek Scrip. The general aspect of a&irs, however, must now
defeat the projects of this confederacy. The confirmation of the
surrender of Poems received last night in the French Papers is of
great importance. No rational doubt can be entertained of the
establishment of the independoce of Greece.

We have not much room to bestow on the article in the Tints
of yesterday respecting the Spanish Loan ; nor, in truth, does it
call for much comment. How much lower can this shuffling and
equivocating Paper sink ? On Saturday last, it asserted roundly
that " FERDINAND would never acknowledge the bonds of the
Corte teen for the value of the paper on which they are printed."
On Tuesday it declared that " an express had arrived from Madrid,
confirming almost to the letter" what it had stated on Saturday.
Yesterday, with perfect sang /raid, and without any the slightest
explanation of the former statements to which a Contemporary un-
derstood the Times had "pinked its character," this Journal, as an
entirely fresh matter of intelligence. opens an article, " in the most
distinguished part of the papik," with r.olicing that "U u MOW said
that attempts are making to re-unite the two ends of the thread of
negotiation between FERMI HAND and the great capitalists, &c."
Does the editor of the Ti,:ee think to slip his head oat of the
halter so easily as this ? Who will ever place the slightest
reliance on his statements again ? The public might forgive him
for his statement on Saturday last. He perhaps knew no better
then. But the story invented for Tuesday's Paper, in answer to
our contradiction of his article, demands, we think, a sererer
notice. For the present we shall abstain: but unless he acknow.
ledge his offence, and supplicate some mitigation of punishment,
our generosity must give place to our justice.
In addition to the facts we have already stated, we have only to
say, that M. A IIDD1:IN. a banker of Paris.• Is now certainly in
town, for the purpose of bringing the negotiation to a close, we
suspect by dividing the loan between the two parties with whom
FOIL/IN/1Y D has beca negotiating.

CITY, FRIDAT EVIVIVO.
The rumours of yesterday having entirely vanished,
(*wools advanced this morning. but they did not recover
their former price. The bargains for Money were done at
9 93, and for tho Account at 93i }.
In the Foreign Market there was more buoyancy than