The British Press; or, Morning Literary Advertiser.
London, England, 1826-10-25 00:00:00

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50,000 it f, and, finding that,it hail no impression on the
Market, came in and bought 100,000 at the Name price,
at which price they remained at. the, close of the day; for
money and for the Account at 811851. Exchequer Bills and
India Bonds show s further advance to-day, the former to
RS, 97, and the latter to 38, 40, premium. The only
report in circulation was the probability that the services
of my Lord BeIIMITOID, and the other British officers
holding rank in the Portuguese army, would be called into
action. During the former attempt on the part of the op-
rim of a liberal form of govermpent in Portugal, the
marines of The British men-of-we in the Tagustccupied
some of die batteries on the river to protect the shipping,
and it is understood that has been the extent of their inter-
ference on the present occasion.
In the Foreign Market, Melina Bonds have been those'
• which have varied: the meet, having Wei done as low as
61i, and as high as 63i, the latter being the closing price. It
is now put forth that the Mean. Basica have orders from
the Mexican Government to convert the 5 per Cent. Bonds
into 6 per Cents, and to all upon the Bondholders to pay
up the difference. This information appears, however, to
be of a very suspicious character, foe it is believed that the
Mexican Government has neither power to make such an
alteration, nor to raise a new Loan, without the sanction of
Congress. No MA authority has as yet been given, as,
far as is knower of Ote,protesaings of that body, and there-
fore dm inn/magi's utast be tonsidered very doubtful.
If such a rutin* imellern ilohateil It must tine been known
here. The Meelele. BARING may, and doubtless fie, possess
all the power whlsh tie Madan Governinent can arm
them; but in matter tif es much moment ar raising a new,
or increasing an old Lpan, that can only be done by an Act
of Congress, the knowledge of which must have reached
England long since, had such been the case. The lowest
pries of Colombian Bemis le-day has been 34, and Alley
closed at 391. Tie New York Mail, which arrival last
night., did not bring any laterinfounation than that by the
Human, and &emitter, from the improvement in the mar-
ket, the adage of "No news is good news" prevails here,
as well es elsewhere. Greek have receded to 14, doubtless
from the apse made at the Meeting of. Bondholders
yesterday. Whatever complaint may be made in England
as to the want of energy and proper' &cling among the dif-
ferent• parties that have struggled for power in Greece,
they at least may return the compliment as regards the,
supineness that has been evinced by those to whose talents
and judgment the arrangement of the supplies to be afforded
them has been entrusted in this country. The Baena
Ayres packet is still absent, and therefore nothing is known'
as to the Chilian Dividend: these Bonds remain at 39 40;
Spanish remain at 11, with little doing.
There have been some sales of Sugar to-day at last prices,
but Coffees are immensely heavy, large quantities having
been bought in. In Rums there is little or nothing doing;
indeed, upon the whole, the market has commenced under
rather unfavourable auspices.
Exchanges are generally still a shade higher to-day.

The following is from a French paper :—" It is known
that Count Poem di Borgo, the Russian Ambassador, re•
ceivcd within these two days ah extraordinary courier from
Moscow, and it is suspected that this courier does not
bring favourable accounts in regard to the war with the
Persians. It appears that the result of the first commence-
ment of hostilities was not so advantageous to the Russians
as reported ; and if we use well informed, at the departure
of the last despatches it wis believed at S•. Petersburgh that
Tiflis was taken by the Persiaas. It was reported at Con-
stantinople that the Russian Ambassador was prepared to
leave; if the ultimatum was not accepted."
It appears, from the letters from Portugal, that the in-
sturection in Tras-os-Montes, led by the Marquis of
Chaves, was suppressed almost immediately ; the leader
fled into Spain. In Algarve the proceedings of the Marquis
of Abrante were of a more sellout character, but it is pro-
bable that this remit will also be suppressed withont much
difficulty. As Spain has been compelled to disarm and
remove from the frontiers all Portuguese fugitives, these
abortive insurrection) are the best things that can happen
for the constitutional system. It is happy, as well for
Portugal as for the discontented Portuguese, that Spain
is open to them on such terms; the latter may enjoy the
sweets of absolute monarchy under the most steadfast of
legitimates, and the forma will be rid of troublesome
subjects.
THE SLATE Taaos.-The Governor of Gibraltar, Sir
George Don, has issued a proclamation to the inhabitants,
declaring. "that any person who shall be engaged in the
fitting out, &c. or contract for the fitting out, &c. of any
ship, vessel, or boat, in order to accomplish any of the
objects or contracts declared unlawful by the statute
made and enacted by his Majesty, with the consent
and advice of Parliament, in the fifth year of his Ma-
jesty's reign, for the abolition of the Slave Trade, or
who shall lend, or contract for the lending, &c. of money,
goods, or effects, to be employed in accomplishing any such
illegal objects or contracts, or who shall in any other man-
ner engage or contract to engage therein, or who shall ship,
receive, or put on board, or contract for doing the same on
board of any vessel, such mont y, goods, or effects to be em-
ployed in accomplishing any of the raid illegal objects or
contracts, shall incur and become subject to the pains and
penalties provided in and by the said statute for the punish-
ment of persons guilty of all or any of the offences afore-
said."

CO NTI N r NTA t. MO NEV. —The following is an extract of
a letter in oar possession, written 45 years ago, by a mer-
chant of a neiglurirg town, to his brother:—
" Boston, April If, 1781.
4' I arrived here yesterday—found the roads very dry and good.
Things have risen on account of the war with the Dutch ; and the
exchange between giver and paper has risen in consequence of large
quantities of paper catmint frcm Philadelphia. Plane is from 100 f.
to 1181. (3l to 303 dollars) per barrel. New rum is 50 dollars
per gallon. Tell Sally (a sister in the store) to sell tea at 150 dol.
lan per pound, and West India rum at 140 dollars per gallon. It
will be difficult, 1 suppose, to get hard cash. I shall not inquire
for it for several days, as I understand the delirium beains to sub.

It appears, from another part of the letter, that when the
Imre price of flour in 11.,ston was from 333 to 393 dollars
per barrel, the specie price of wheat in this vicinity was
only Gs. per bushel. In those days wheat flour was trans-
ported from this part of the country to Boston.—Antericom

I'uJrr. •
AS was anticipated in our last, the workers belonging to
several cotton-mills in this neighbourhood yesterday ceased
working, in consequence of the proposed reduction of
wages. In two extensive factories at Barrowfield the turn-
out of 72 spinners has thrown idle SOO persons, employed
in the 'various depattments of manufacture. Some of these
spinners were earning 1/. a we.k, at eight hours' labour a
day. A, number of mills are expected to stop in the course
of the week, as the warning of reduction expires. The
misery that prevails in the suburbs will thus be fearfully
aggravated: The spinners employed by Mr. M`Laren
agreed to accept of the proposed reduction, but yesterday
they stated to their e•mployer that " the body " had
threatened them, and would nut allow them to continue at
their work ; and thus 190 persona are thrown idle in that
mill, • The workers of another mill arc in a similar predi-
cament. The state of the trade is such that it is consi-
dered a 'natter of little importance' by the proprietors of
cotton-works whether or not the ma concede to their
turns.. For some time yarns have sold so low that it has
been more from a principle of humanity, than with any
hope of profit, that the works have been kept going. The
proportiort of spinners, in comparison with other workers,
tit only as one to seven; but the former, have obtained
such an undue ascendancy over the piccers, from the ab-
' turd practice of being allowed to be their paymasters, that
they generally strike along will them, instead of ern-
bracing the opportunity of occupying the vacant wheels,
by which • they could triple t%e amount of their earnings.
In the mean time, the band weavers arc earning six shil-
lings a week at 15 hours labour kday.—Wavow C'h/Onide
of Tuesday. • • •

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IIE PRESS.