The British Press; or, Morning Literary Advertiser.
London, England, 1821-01-19 00:00:00

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vileneerdn. Ta 111 sock platen, the payment or direel or
internal lamb *ln specie or io the notes of the Bstfk of the
Vented States, will be impracticable. Preliminary to a re-
sort to intervial taxation of any kind, the charter of the
bank of the United State. ought to he amended so as to
ike the bills of all the offices of that Bank, except that at
the seat of (»semiarid, receivable only in the States where
they are trade payable, and in the stales Red territoeles
where 1141 tifSee is established. The effect of thisimodifien-
lion would be to make the notes of the offices of the Bank
of the ()oiled States, except the office in this district, a
local currency, which will centre and gootauue in the Weld
-virceelation of the Sl•tes in which they are issued. The
times thus issued will render the local circulation of all the
States sound, and furnish to the citizens the mums of dis-
charging their contributions to the Government.
This measure Will also place the State Institutions to the
south and west of dna city in a more eligible situation in re-
lation to the offices of the Bank of the United Slates, by
enabling them so adjust their nee. ~,,, a with those 'Aces
by the exchange of notes, instead a lignidaliag their ba.
lances by the payment of specie. Should it, however, be
judged expedicut by the Legislature to lay additional bur-
dens upon the people, fur the purpose of meeting the exult-
tut or airy probable fnture deficiency, it is respectfully sub-
mitted that the intptertniiien of foreign spirits he proh:bited ;
and that a ditty upon doneealic spirits equal to the amount
of that now collected upon foreign spirits, and In such de-
heiesicy, lw impulsed tin the distillation and sale of domestic
spirits. in any event, a resort to loans, to the extent of the
deficiency for the rear 1821, will be indispensahle.
Of the *um of 3,000,000 it method:A by the Act of the
15th of Slay last, to he reined My loan, 2,1610,000 d. have beets
uhtaisted it a preasiiird of two per cent. upon stock bearing
Interest al Site rate .4'6 per ems.. per annum, redeemable at
the will of the Coveroluent 1.000,000d01. at par, upon stuck
bearing interest at the rate of 5 per cent. redeemable at any
time after the I-1 .1m5.1632. There is no just reason to doubt
that soy sum which may be necessary to he raised by loan, can
I.e oblate...A upon terms not leas favourable: lent as it is puha-
Melba' the surplus of the revenue, after satisfying all dementia
upon the Tresses!, authorised by existiug laws, daring the
years 1832,1843, and 1824, which will be yeast to the redemp•
two of any debt which sway b• contracted in 1421, it is respect•
Cully submitted that the President of the United States
be authorised to borrow from the Bask of the United
'States, cr from other hanks tic individoalo, the sum which
may be necomary for the service of that year, at par, avid at
a rate of interest not exceeding six per cent. per minuet,
redeemable. at the will of the Government.
All which is respectfully submitted.
WM. H. CRAWFORD.

SOUTH AMERICA.

Arrows " The National Gazette," as Americas Paper.]
PiezettWer's Messioe.—Among the principles of na-
tional policy which have been thought. to he generally ad-
mitted as fundamental fur the United States, is that of avoid-
ing all usneeissary sets in respect to a foreign P'•
or country, tending to embroil its with any other. Pesce,
in a word, was understood to be acknowledged as at oace
our prim iry obligation and interest. It was nut to be era.
rificed to party-designs and resentment, nor to romantic
sympathies, Igor to martial impulses, to the lust of tern...
vial sggrandieensest. From the time that the Federal Go.
wertimitit resit its Commissioners to Buenos Ayres, of rather
from the period of their return, until the last winter. the
American people and Congress remained in the belief that
the Executive Department had renounced the idea of re.
cognising any of the South Americas provinces is insurrec-
tion against the Mother Country. It was farther understood
that there was to he no interference between the contending
parties; uo direct or collateral proceeding which voila give
umbrage to either, so far as, in any likelihood, to expose us
lo hoot Wes.
(hider these impressions did Coagrem discountenance the
wk... and reject the propositions of Mr. Clay; in so doing
they had • sight, from the language and demeanour of the
Executive Department, to suppose that they enjoyed its full
concurrence and approbation. Those Member. believed
its, mselves reasorsine in concert with it, who argued that the
Federal Government wagon( warrooted to expose the peace
of the nation to the slightest hazard, though the insurgents
of Swills Attlee Ira mlinsid be abstractedly worthy of regard
and mono. t Such as voted upon the ground that their
rlieporitions and merits were in the highest degree equiv.,-
cal—that they might themselves suddenly renounce, or cat.
terly disgrace, the independence which we were called upon
to •clitiowledge, also counted epos the same concert.
All, in and ont of emigres', were surprised when one of
the letters of General Vives to the Secretary of State, laid
before that body, distlosed the fact that oar Executive Dr.
pariment had actually proposed to the British Ministry a
fr.., recognition of the provinces of La Plata.
This measure, as ill-advised as unexpected, became a
110111Telt of double inostificatios from the circumstances
which soon transpired—that what was coolidentially sub-
mitted by the American Minister to the British Cabinet,
speedily reached the Spanish Court in the most invidious
'form, and that the very Government selected for recognition,
had been engaged in eargociatiag away its own existence and
the republican liberties of the people whose affairs it
administered. Unquestionable proof is now extant, sot
only Iliad it would have established a monarchy, and taken
a foreign sovereign, but that it seriously deliberated upon
couverting the countries of La Plata into an appendage of
the Crown of Brazil; sad this, ostensibly at least, not so
much on account of a distrust of their ability to defend
their independence against Spain, as of their unfitness to
hr left to themselves, and to exist prosperously or reputably
wider any other than • monarchical constitution. The
alleged motive has been proved to be sot unsound, by all
that has since occurred in them, and by their present wild
rid ilearolatiug anarchy. A a unbroken succession of profligate
revolutions and a multitude of factions, military and civil,
involved in the fiercest and most sanguinary strife, justify,
as far as concerns them, the hesitstion which we have
anewlioned as felt by Congress, and supposed to be common
to the Executive.
We have made the foregoing statement of considerations
•nd facts, because they have an important reference to that
part Of the President's Message which treats of the Spanish
Colonies, and of which we will now speak particularly. It
is acknowledged in this Paper, that ns the uufortnoate divi-
siuns at Buenos Ayres still prevail;" but it is said that
.• the contest between Spats and the Colonies, according to
the mast auflientic information, is imaiotaiood by the latter
with improved success." In the Colonies here imentioised,
she proisiocesi of La Plata could not he meant se he is.
eluded, as they have bees long (erupt from say internal
contest with Awe Mother Country; nor, we presume, could
the traasactions of Lord Cochrane have been thought worthy
of Whig taken into the account. Vesersela and Grenada
eau be the only Colonies truly in question, and the contest
there the only ones( which .‘ improved success" is alleged.
They are, besides, specifically declared iti the Message " to
bare acquired reputation, both for the management of the
war, and for the order of the internal administration."
iVe would eagerly wish to believe that the information
*pow which the President has hazarded these assertions is
she most authentic: but it is impossible for us to think it
worthy of reliance. There are, we apprehend, good reamers
for distrusting this advice' coining from the agents of our
Iliovertinitut is that quarter, the newspaper and ship reports
of patriot victories, and even the official biilletims of them,
are knows to be demoniac of very little credit; the mani-
festos of the civil administration (which is but a pageant,
the whole heiersailitary in tact), are sot lilted to inspire
residence; their dsorecter Whig that of exaggerated imi-
tation of boa models, distortion of seutiminit, sod 'hea-
viest parody, for the purpose cif internal sod external de.
Inrush bone of these, by the Peg, have contained stele-
t ores on slur isslitutinno, whist! on Ws entitle them to our
favour fur their spirit in gellabell id doiliffiwes, as to our
seeped for the sagacity sad knonfildr Of liner antlers.
From the accounts published by tha 4tkh who have re-
cently sees the new republic of Colombia, and from die
private intelligence which we posses, we would not id&
Met any improvement had takes plene " in the order of in-
ternal a.haiiiistration." There is ets'evideoce of such Use.
proverneut mast in detall—and, as Americans, we are the
asSre incredulous, since nu reparation has as yet bees made
for the spoliMioss of Americas property committed iu the

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