The British Press; or, Morning Literary Advertiser.
London, England, 1826-09-15 00:00:00

THE ERITISH PRESS.

speak with respect of ST. COLUM sus. They have a sav-
ing clause on that head, we are aware; but the most out-
rageous supporter of the Kirk will not deny the merits of
many of the original Monks. With the exception of their
doctrinal principles,
they were, in their first institution, a
collective resemblance of all our Bible, missionary, and
charitable establishments united in one. We need not en-
large on the state to which they afterwards degenerated :
it is too well known, and too deplorable. The cause of
this change was, simply, that the means of procuring in-
fluence in the world were put into their hands, in trust, to
employ those means for the noblest purposes; and that
these men, to whom this influence was intrusted, in course
of time diverted those means, in order to accomplish their
own private and unworthy purposes. Human nature
is the same now as ever; and in the course of ages,
if we are not to look for some supernatural agency
to come conveniently, and set to rights what we were
too idle to manage properly ourselves, we may con-
fidently predict a similar degeneracy among the members
of the present associations for religious and charitable
purposes. In stating this, we do not wish to damp the
hopes or relax the exertions of any individual ; on the
contrary, we wish to excite and direct them, by pointing
out in what they have erred, in order that the defects may
be remedied. Our readers will perceive, by a paragraph
in our Paper of this day, that an extraordinary meeting is
to be held on the subject of the management of the Bible
Association. The secession of the Scotch Society, and of
several auxiliaries, renders this necessary. Nothing can
be more clear, in cases of voluntary subscriptions, than the
right of the subscribers to regulate the appropriation of
their money ; and therefore we think, in so far, the thing
is proper; but certainly our feelings in the instance of the
Apocrypha, the principal cause of dissension, are most de-
cidedly in favour of the Parent Institution.

CITY, THURSDAY EVENING.

There has been very little doing in the British Stock
Market. Consols were very steady at 79th not having
varied above an eighth during the day. Exchequer Bills
and India Bonds are stationary.

The settling in the Foreign Market has gone off with-
out default. Mexican Bonds, which opened at 51, fluc-
tuated for some hours about one per cent., when suddenly
an impetus was given to them which sent them up to 57,
and which was the clotting price. The cause of this rapid
advance was a positive assertion that Messrs. BARING have
consented to become the agents of the Mexican Govern-
ment, and that the dividends will be advertised for pay-
ment in the Morning Papers of to-morrow. There has
been a purchase or two of Colombian Bonds to-day, which
appear at a quotation of 34. In other Foreign Securities
'there is little or no variation. Greek are a half per cent.
Illower at 12, which is easily accounted for, when the state
of the general affairs of that Government is considered. In
Shares there is hardly a quotation, Brazilian alone appear-
ing at a premium of 8.
The Hamburgh steam-boat is still unaccounted for,
'which excites considerable apprehension for her safety.
Ilamburgli Papers have, however, been received to Friday
last, by which it appears that the opening of the British
Ports for the admission of Foreign Corn has had the eff..ct
of lowering the course of exchange une and a half per cent.,
while Oats have risen to the level of the English market.

Accounts from Gibraltar to the 25th of August state the
general alarm among the adherents of the present Govern-
ment in the Southern provinces of Spain.' The Com-
mandants have issued circulase transmitting the late order
of Ferdinand, and calling on all true Spaniards not to be
allured away by the specious new system of Portugal, which
these worthies denounce as " the most abominable inno-
vation."

The American Consul at Vera Crnz has given public
notice that no ship of war or merchant vessel will be
allowed to take passengers from Mexico without a certi-
ficate, and the fact being announced publicly.
MI:DICAL PRIZt.—We have heretofore mentioned the
subjoined decree; butt having been requested to in3ke and
insert a translation of the text, for the information of the
American faculty, we offer the following. We fear that
the specific in question is like the philosopher's stone, the
quadrature of the circle, and the " perfectibility.' of
ma /ono! Gazelle. _ _ .

. -
The Free and Sovereign State of Vera Cruz, assembled
in Congress. decrees as follows:-
1. The individual who discovers a specific, whether remedial or
preventive, for the fever, known by the name of Black Vomit, shall
receive a premium of one hundred thousand dollars.
2. The premium shall be awarded as soon as the Government
shall he assured, by repeated experiments, of the certain efficacy
of the specific.
3. If the State coffers should not at once possess the above.men-
tioned sum, a fund shall be provided by law out of a loan.
4. This decree shall be circulated in all the states of the Mexican
republic, and among foreign nations.
5. In case of dispute relative to proprietorship or originality, in
consequence of two or more claiming to be the discoverers, the ques-
tion shall be decided by the usual laws of property.
The Governor of the State is directed to cause the foregoing to be
published, circulated, and observed.
Jalapa, 15th June, 11125.
_

Livensoni., SEPT. 12.—The demand for cotton yester-
day and to-day has been very steady, and at steady prices :
the Bales, in the two days, amount together to fully 3,000
bags. No alteration in the price of sugar, and a fair busi-
ness has been done. Oats, at our Corn Exchange to-day,
advanced 2d. a 3d. per bushel (of 451 b.) on Saturday's
prices, and several cargoes were bought by speculators.

BeRNLEY further dividend of 4s. 6d. in the
pound was ordered to be paid at the Commissioners' Meet-
ing on Friday week; which, in addition to the first divi-
dend of 6s. 81 declared last year, makes together I Is. 21
in the pound for the creditors. %I'e understand also that
other dividends will eventually and at stated periods be
made from the estate, so as to increase this sum very con-
siderably. Much merit is due to the assignees of this es-
tate, for their praiseworthy-exertions and industry in wind-
ing up this very extensive failure (which is supposed to
have been for near 340,0090 iu the short space of •two
years, so as to produce the dividends above stated.—Black.
burn Mail.

The Sheffield Iris contains the following remarks on the
suggestions given by the Commissioners of Revenue In-
quiry, respecting the duty on advertisements:—
" If the Commissioners be sincere in their profession of merely
wishing to regulate the duty on advertisemtnts, the plait they
have suggested is most unfortunate, and proves them to have no
practical acquaintance whatever with the subject which they
have ventured to meddle with. If they had recommended a di.
vision of advertisements into two classes, separating them after
the tenth line, with a duty of 2s. on each advertisement not ex.
ceeding ten lines, and 4s. on those above that number, we be.
lieve the revenue would sustain no loss, and commerce would
be greatly benefitted by the facdity with which short notion
could be given to the public at little expense. We have been
at the trouble of examining a great number of advertisements,
to ascertain, as near as possible, the proportion of them under
anti above ten lines, and we find that in the average from two.
thirds to three-fourths consist df more than ten lines. Thome ten
lines and under are about as 30 to 100. At 3s. rld eackadrer.
tisement duty, 109 would amount to 171. 10s.; 70 at 4s. would
be 141.; and thirty at 2s. would be 3j., whirl would be only 10s.
under the full amount at the present rate of duty ; and if the re-
duction of duty occasioned an increase of five per cent. In the num.
ber of advertisements, the revenue would be equal to what it is at
present. There can be no doubt, but en increase would take place
in more than that proportion, which would be in favour of Use re-
venue. We are consigned that, upon the whole, advertimments
are overtaxed already that a relief afforded to sleet* OM
especially would me se their number es would 01.11149041.
compensate for the in the individual duty ; sadist& Wog
the ease, we maintain,. Vdm Mime sum Deandw bros.*
UO.
vernment esuld beitatigliell=:,6lool9 111111=1
number of advert r • aselna, so be
gainers. The
-uhnsti .Ingenessr, aid
enemies, awings% nod Innindlue .r
strengtcbeirss st, row imp th,,IN s"—being be.