The British Press; or, Morning Literary Advertiser.
London, England, 1826-10-24 00:00:00

that our confidence in the uprightness of lldiniatete ren-
dered it impossible for us to believe that they would par-
ole such a course. We have still the same confidence in
the influential part of the Cabinet; but, if prejudieeshould
at last prove too strong for Alinisters in this particular in-
stance, we do not pretend to be aware what course it may
be intended then to pursue. We are certain (and we speak
advisedly) that the advocates of free trade and the revision
of the Corn Laws have means in their hands, which, if
dexterously employed, and not counteracted by opposition,
would enable them to carry their measures in defiance of
prejtulice. We hesitate not to say that they will'do wrong
if they do not ultimately carry them. Those principles
which have been advocated by theßeitish Press, in its pre-
sent hands, shall continue to be advocated by it while it
continues in those hands. We have stated our opinion re-
specting the revision of the Corn Laws. We have attached
ourselves to measures, and not to men ; and to measures, if
not to men, the present conductors of the British Press are
determined to adhere. Fur our own parts, we can say that
we have advocated those principles from no hope of gain,
and from no consideration of interest. Both in our private
and in our more public capacities we shall continue to ad-
vocate them, though we should for that reason lose all
hope of gain, and act in defiance of every consideration of
interest. We pretend to no knowledge of the secrets
of parties; but we do pretend to some knowledge of
human nature and political history. By the princi-
ples which these have furnished to us, we flatter
ourselves that we have occasionally developed more
than one project which its authors considered as buried
profound secrecy. When the British Press adopted
present line of policy, it set out from the principle that his
Majesty's Ministers were able and upright men, and '
judged of their intentions accordingly. The conductors
the paper were warranted in coming to that conclusion b,
the former conduct of Government, and they have not,
while they adhered to their party, seen the slightest ground
to doubt tbeaccuracrof this reasoning. We have said thus
much, in order that It may not be supposed that we should
approve of the conduct of any portion of the Cabinet, pos-
sessing the means of procuring a modification of the Corn
Laws, and yet refusing to exert themselves to the utmost for
carrying that measure into effect. At present, however, we
see no reason to suspect any such conduct on the part of
the Ministers to whom we allude. They do poses, the
means of carrying the measure; for we have not been
heedless spectators of the methods by which those means
have been acquired—and recently acquired. There can
be no doubt of their ability to accomplish the object in
view, and therefore we conclude that they will accomplish
it. It is true there is a wind which may blow all their
schemes to perdition ; but it is to be looked for, not from
the quarter of the landowners, but from that of the
people; and it is to be feared, not in the cape of a revision
of the Corn Laws, but in the event of their being conti-
nued in operation. Even admitting that Parliament
would remain deaf to the complaints of the people on this
subject, the decrease of the revenue, the discontent of the
people, and the loss of our national consequence, would
soon remind Government of the necessity of new measures.

CITY, MONDAY EVENING.

At the opening of the British Stock Market there were
some large purchases made in Consols at 81 ; from which
circumstance they soon reached the quotation of 8% and
the Bulls being in great force, it was confidently expected
that they would advance rather than recede. Such, how-
ever, did not prove to be the fact, for they declined sud-
denly to their opening quotation of 81i, and finally oldeed
at that price for Money, for the Account at 81N. The.
retrograde movement was attributed to the news film
Lisbon of a revolt having taken place among the troops, to
the number of 10,000 men ; that the marines had been
disembarked from die.Britisis ships of war in the Tagus;
and that every thing wore the dreadfal note of prepara-
tion. This account, however, was considered an exagge-
ration, and letters from Lisbon, brought by a packet
especially appointed for the purpose, stated that the at..
tempt of the Marquis of CHAVES and the Marquis de
ASIANTES (FILHO), in favour of DWI 311GUEL., had en-
tirely failed. As to the marines, it would appear that, if
they had been disembarked, it was only for the purpose of
menacing some of the fortified posts on the Tagus, in order
that the British fleet should not be subjected to the possi-
bility of treachery, in the event of the despotic party
having gained any temporary ascendancy. If the whole of
the forts were in possession of an hostile force, the ships
in the Tagus would be subject to considerable annoyance
from their batteries. Such an arrangement has taken place
on former occasions, but it does not appear to rest on any
authority that it has been put in operation in the present
instance. Exchequer Bills and India Bonds are in high
request, and have therefore advanced in price, the former
to 21s. 255., and the latter to 365. 37a. premium. The
market is deluged with money, and 2. per mt. is the
highest rate of interest that can be obtained.

In the Foreign Market, Colombian Bonds have varied
from 39 to 10, closing at 39i ; and there is an appearance of
wore stability in these Securities than has lately been the
case. Nothing further has transpired respecting Colombia,
but the general opinion appears to be that the Dividends
will be paid. Should such be the case, the Bondholders
will not care much whether the dollars come directly from
that country or from elsewhere. Mr. HURTADO'S state-
ment is fully borne out, as to the anxiety of the Colombian
Government on this subject; and the assurance of 1,000,000
of dollars tieing expected to be forthcoming in November,
begins to be viewed with rather more confidence than is
agreeable to the Bears in these Securities. Mexican have
been subjected to a still further depression to-day, having
closed at G2l to 63. The alarmists continue the report of a
new loan being on the tapis ; no reliance, however, is to be
placed on this statement; it is the only means the de-
presaionitas have of operating for a fall. The New York
packet, whielt was said to he off Holyhead on the 18th.
has not arrived, and therefore it is to be presumed the in-
formation was incorrect. Greek Bonds show an advance,
la I.M.Jaitinsg *Leis loverstit Wet;

having appeared in consequence of the reported interference
of the other Powers of Europe, in order to stay the effusion
of bleed in this heartless contest. The Committee ap-
pointed to inquire into the accounts, as to the appropriation
of the loans and the supplies to be sent from this country,
have this day made their Report to the Bondlio!ders, and
an account of the proceedings will be found in another part
of this paper. Spanish are also better, at 11, no positive
r..ason for which is assigned beyond the surmise that Mr.
CANNING will not leave Paris without referring the French
GUSTTIIMO lit to the present condition of Spain.

The lions of the Share Market are the Del Montes, which
have advanced still further to-day, being now from 110 to
120 prem.; while Brazil are steady at 13 to 14 prem.
The supply of Grain in the Corn Market has been on a
vet y large scale to-day, without producing any depreciation
in prices ; indeed fine samples of ►'heat are simewhat‘
higher, but all other articles are as last.