The British Press; or, Morning Literary Advertiser.
London, England, 1826-05-10 00:00:00

EXTRACT OF A LETTER FROM AAAAA StRIYEO. FEE. 19.

By news received yesterday from Rlo, it appears that the
Emperor had left that place on the 2d instant, having embarked,
according to one report, with the Empress, leavinge inlaid, lattly
borti, under the title of Priace Regent, and having established a
regency of nobility to govern during Itls absence. Another report
gays, he left the Empress with the Infant Prince. and had a coan.
ail for government. This journey of the Imperialist is said to be
undertaken from the strong desitv the Emperor has to visit the dif-
ferent provinces, uhder the certainty of cent:ming them in their
loyalty, by his presence.
We, however, do not hesitate in saying that we think there is
another cause, and a more powerful motive, for the visit; and not.
withstanding all the follies committed by the Emperor, or the Im.
perisl Government, we cannot imagine, fir a moment, that he
would quit his capital, while a ilowernil and tinily-increasing army
of patriots are carrying everything before them in the southern pro-
vinces. We do not hesitate in saying, diet Don Pedro, in once
quitting his capital, never returns to it.
By letters in town, it appears that Rio Grande and St. Catha-
rine's are occupied by the Patriots. The province of St. Paul's
and the mines, If not occupied by them, have cut oIF all cont.
munication with Rio Janeiro; and here we have a solution of
the problem as to the visit to the northern provinces. The Em-
peror, not yet &aims of visiting " that lbourn from whence no
traveller returns," has no security in his capital. It is even said
that he will not visit Bahia, land it Is well known here that that
city is not in a very composed state.
We will venture to predict that his stay wilt not be long in Per.
namhttco, but that when he leaves it, it will be in a very impove-
rished state. In this province the patriot party are rapidly increas-
ing, and we have no hesitation in saying, that the fate of Pernam-
buco will decide the fate of all the provinces to the northward.
A serious misunderstanding Arcady exists between the Governor
at arms in this place and his troops. The German battalion o
about 400 men are all that he can rely on, should any disturbance
take place ; and that, it is confidently expected, will very soon
happen.

LATEST THOM RIO JANEIRO, RIONTE VIDEO AND
BUENOS AYRES.

The brig Harriet, Spear. has arrlead at Baltimore, from Rio.
whence she %tiled on the 17th of Febesoury. The Emperor and
Empress sailed from Rio on the 3d, in the Pedro Primers, fur
Bahia, for the purpcse of conciliating at gond-will of the inha-
bitants. They expected to return by Melte of April, and no po-
litical difficulty was apprehended durieg their absence.
The import of flcur into !tin antic January I, amounted to
15,000 barrels, of which about 9,oolYharl gone round Cape Horn,
bat as other arrivals were louketlodlinb palmed primwere maid-
wee, and sales were very languid atallifiell.soll. Vends bound
to Rio must be furnished' with an tweet manifest of their neves.
wedded by the Brazilian Consul, besides a bill of health. Coffee
of first quality acatce, sud of ready sale common quality abundant
and in little request.
The advice from Buenos Ayres are to the Sal of January, at
which time the holders of dour were asking 20 dollars per barrel on
account of the river being strictly blockaded by the Brazilian aqua-
(iron. At .Monte Video dour was nominal at it dollars for new, and
61 dollars fur old.

The failure of the Bank of Fat as and Co., of Vienna,
being to a very heavy amount, will not fail to occasion
considerable embarrassment to many capitalists on the
Continent. There is, we fear, but too ►much truth in the
report that Mr. Davin PARISH, the principal partner, has
destroyed himself. It was not from any causes arising out
of the general pressure on commercial credit that his diffi-
culties arose. It is privately rumoured, and, we believe,
upon very crediblelauthority, that they originated in very
deep and extensive stock-speculations. The confidential
intel igence, upon the faith of which they were entered
upon, came, as we are informed, from so high a quarter as
to justify the most complete reliance. The result has
shown, however, ►hat the secresy of Cabinets is not al-
ways a security against unforeseen influence, and that
even their chief Director cannot always promise himself
that his predictions will be verified. Mr. Dawn Fantail
is not the first who has suffered fatally from putting his
I trust in Pt inces.

It is now generally believed that Parliament will break
up abo,tt the close of the month: all the important busi-
ness of the Session will before that time be disposed of, and
it is not likely that any fresh circumstances will arise that
can make it necessary to prolong its duration beyond that
period.

It is curious to observe, when any crisis of difficulty and
embarrassment occurs in public affairs, that every one un-
dertakes to account for it according to the particular dec.
trine in politics which he espouses, or the particular party
to which he belongs; and that the specific which each re-
commends, in the way of remedy, is adapted to his own spe-
cial notion of the cause and seat of the disease. Thus the
severe distress at present felt in the manufacturing districts
is by one party ascribed to the Corn Laws. If these were
abolished, they assure us, we should then have cheap bread;
the labourer of every class would then be able to provide
for his family—his wages would give him a command of
the necessaries of life; and plenty and contentment would
smile round the land. Nothing, according to them, can
go on right till the Landholder is compelled to lower his
rents—the improvement in the condition of the country
must begin with the soil—when the produce of the
earth is cheap, this blessing brings all others in its
train. Do away the bread tax, say they, and dis-
tress will vanish like dew-drops before the sun-beams.
Another class of politicians consider this reasoning as
absurd in the extreme; they hold it to originate in their
ignorance as to the true source of the calamity, and to
be so absurd in itself that no man of common sense, or
common patience, can listen to it. According to them, all
the evils that we at present have to struggle with
are to be ascribed to the unhallowed operations of
the Fundholikr. The price or manufacturing produce,
they assure us, cannot possibly bear up against the
national expenditure and .the amount of annual taxa-
tion. The loan-system is the evil ; and if we would re-
move, once fur all, the tu,,,i,ii,;41,A1 difficulties we have to
' combat, we must do it en the principle of an equitable
adjustment, and by bringing the nation crid the fundhulde