The British Press; or, Morning Literary Advertiser.
London, England, 1825-07-23 00:00:00

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The attack made upon the Catholic power at the lidbr **-
lion was not against the exterior form of worship, or against
the tenets of religious belief. equh accompanied that
worship. It was against ti*. t dominion of the
Romish Church—the overwhelming tyranny of its priest-
hood—the imperious despotisni- which they exercised over
the freedom of opinion—the extortionate purposes to which
they applied all the mystic symbols of the faith—the system
of fraud, artifice, oppression, and intermeddling by which
they got the direction of the conduct and conscience of the
people, and possessed themselves of every avenue to wealth
and authority in the State—all this it was, combined with
the merciless bigotry of the Popish Clergy, and the impious
pretensions of the Papal power, that mah England rise
to rescue herself from a dominion which trampled her iu
the dust.

We have been induced to go into this subject at some
length, from our anxiety to remove a misconception which
is fruitful of mischief and of false reasoning. Bat having
said thus much, we would ask Mr. O'Coh NELL, and the
leading members of the Catholic Aristocracy, with whom
he acts, whether, in this view of the subject, those who are
hostile to the grant of any power to the Irish Catholics be-
yond what they at present possess, are likely to be con-
ciliated by any arguments drawn from their superior nnm-
bers—from their facility of levying contributions—from
the concentration of their strength by associations—and

from the Imposing attitude which they would fain assume
before the British Parliament? If they are kept out of
power from a dread of the use they might make of it, is it
worse in the Catholics to make a parade of the muster-roll
of their population, of their financial resources, and of all
the well-concerted means which they hare of becoming

Me ruling power in Ireland It—We Would entreat them to
reflect upon the course They are pursuing. Neither our

. . . _
apace, nor our leisure, will permit us to pursue the sub-
ject further at present, but occasion enough will be pre-
sented to us of recurring to it.
1

CITY, FRIDAY EVILNING.

As has been anticipated for some time in this Paper, the British
funds are rapidly regaining the decline which occurred in them
during the last six months. The investment of money in the
Consols since the opening has exceeded one million for account of
individuals not interested generally in commerce, and the mercan-
tile interest has funded probably to the same extent. The Sinking
Fund, and the Trustees of the Savings Banks, are also limiting
the quantity of floating stock in the market, and apparently only a
short period is necessary to take from the Consols the discount tin-
der which they are at present labouring. In 1737, British Tkree
per Cent. Steck was worth 107, and surely neither the state of
agriculture, nor of commerce, was better, nor the probability of
the continuation of peace greater in that year than it is now in
1825. The Consols for the August account opened at 91, advanced
early in the day to 914. They fell for a short time to 914, In
consequence of a heavy sale effected by an eminent Broker, but
they were too buoyant to remain long depressed by this cir-
cumstance, and they closed at 9111, the market continuing to
exhibit %strong indication of a more extensive improvement. To-
morrow a quantity of Stock must be again delivered; and un.
less higher prices induce the holders of this description of property
to sell, it must be again borrowed at a rate of interest ruinous
to any speculation on the reduction of the value of National Securi-
ties. On Tuesday, It is also understood, some heavy deliveries of
stock must be made. IS'ith a flourishing commerce, with a well
employed population with an abundant capital, and with an almost
certain prospect that the peace of the world cannot be speedily dis-
turbed, it is impossible to expect any other result from such a state
of society titan a vast increase of capital, and a proportionate diffi.
eulty in productively employing the reward of general industry.
On the Foreign Stock Exchange not much business has been
done. Austrian Bonds are # per cent. dearer, but the amount of
them oo sale is insignificant. Prussian Bonds have also Improved
about 4 per cent., and as to sdpply, the same remark may be
ap-
plied to this description of ,public security which has been applied
to that of Austria. Colombian Bonds of 1824 have again reached
86. They are still under their value, and yielding, as they do,
more than twice the interest to be obtained in the British Funds, a
considerable improvement is expected in the Stock of this rapidly
rising Republic. Mexican Scrip is a shade dearer. Peruvian
Stock, on the contrary, is lower than it was yesterday. Greek
Scrip has also again declined to a ruinous discount of 124
per cent.

The transactions in the Share Market are at present not interest-
ing. The old established Associations now require capital to ape.
culate in them, and the proprietors of them are too thoroughly con.
vinced of their future prospects to part with their interest in them
at the present currency. No great alteration, therefore, can be ex-
pected in shares of this description until the annuity to be hereaf.
ter received from them be more exactly ascertained. In other de.
scriptions of Shares the public do not repose much confidence, and
the prices of them are chiefly regulated by the ides which is enter.
tained of the state of the time bargains, for many of them are of rto
value except in as far as they afford a good medium fur gaming
transactions.

The only novelty in the Share Market is the introduction of a
new Association for mining, and for other purpose in in Hayti.
This is an object beyond the reach of private capital, and is conse.
quently a most fit subject for the enterprise of a public company.
The projectors are noblemen and gentlemen of great eminence, and
nothing can be more pure and beneficent than their purposes. In early
times, the Prospectus states, the mint, or seneiting-house smelted an.
nually from the mines of La Viga and Buena Ventura alone 460,000
marks of gold. From political motives, however, the Spaniards cans.
ed this source of wealth in Hispaniola to be suddenly closed, and
the further working of mines was prohibited under heavy penalties.
"hey are still, however, considered to be filled with great stores
of riches, and are particularly mentioned by Mr. Walton, in his
account of the Spanish Colonies, published so late as 1810. The
other objects of this Association are tobacco, of a quality not in.
tenor to that of Cuba, cotton and indigo, all articles of easy
growth in Hayti, and of general cem,vmption in Europe.

His Majesty's ship the flatmate, has been ordered to he
got ready for sea immiately, to proceed from Falmouth
with despatches direct to Mexico.
The Emperor and Empress of Austria arrived at Breads
on the 3th instant, where they were received with every
!demonstration of loyal attachment by the populace.
The Neapolitan General Guglielmo P.pe is at present,
znd has for some time been, residing at Brussels.
The Ark has mired from Berbice, and brings letters to
the 52:1d of May, that represent that island in the most per-
fect state of tranquillity. The late rains, although too late
for the crops of this year, bad cotne most fortunately for
those of next year.
A letter from New York states that General Mo-
rales has been taken by a Colombian privateer. He
had sailed some time ago from Cadiz for the Havannah.
Jamaica Gazettes to the 22d May have been received,
but they contain no political intelligence. Some severe
thunder storms had been felt on the 6th May at Morant
Bay and in the neighbourhood. The thunder was accom-
panied with terrible falls of rain, and near Morant Bay
and at other places by tremendous hail showers and pieces
of broken ice, things altogether unusual in that quarter of
the world. The hail-stones were in some instances as
large as musket-balls. The negroes were dreadfully fright-1
ened at phenomena wholly new to them, and considered '
these as the forerunner of some awful judgment.
A meeting of the merchants of Singapore took place on
the 16th of November, when it was resolved to change the
existing currency of that settlement to the hard dollar, and
to take effect from the Ist January, 182.5, from which slate
all sales and purchases are to be made in hard dollara.
Purchasers will have the option of paying in Dutch guilders
and rupees, at the rate of two hundred and sixty (260) for
one hundred (100) bard dollars.—Prince of Wales's Island
Gazette, Dec. 8.
The heat of the summer appears to have been as exces-
sive in in the United States as in this country, and an
abundant harvest is confidently anticipated throughout the
Union. Amongst the many mantic projects on which the
Americans are employed, is the grand state road, which,.
when executed, will fortn a continuous uninterrupted
highway of 3,300 miles in extent, through the territories
of the United States and the i‘lexicin republic, to the
city of Mexico.