The British Press; or, Morning Literary Advertiser.
London, England, 1825-03-24 00:00:00

during the last four years they have had tht direction of
the political affairs of the kingdom.
It has been calculated, if 11. de Villele passes all his law pro-
jects in the present Session, that his admiliistratioo will have cost
France, since the 14th December, 1821. that is to say, in less than
three years and a half, infinitely more than the Administrations of
Law and the Abb4 Teeny united. The calculation, which is
rather below the mark, is as follows:-
Ist. The Spanish war, which, notwithstanding the wisdom of the
Prince Generalissimo, has left that country in an abs as of misery,
even supposing it did not plunge her into it fr. 270,000.000
2d. The loan granted to Spain, and which will
never be repent - . . 34,000,000
' [Not reckoning the current debt, which will, per-
haps, mine that sum to one hundred millions.)
3d. The indemnity to the emigrants, not reckoning
the interest of fire years - - . 1,000,000.000
4th. The premium granted on the sale of the Nati-
onal Domains by the reduction of the duty on
registration in order to fume what is tolled figs
rcsfitarflon 187,300,000
Bth. Premium granted to the Vendeans, after the
suppression of a similar stun guaranteed to the
General Officers by the text of the Charter,
200,000 franca, the valuation of which, viewed
as an annuity to be extinguished, amounts to - 1,200.000
6th. Increase in the capital of the public debt by
the project of reduction - - 1,000.000.0u0
Total - - - - fr. 2,4113.700,001

This, it must be confessed, is an appalling calculation,
and accounts sufficiently for the lowering aspect of the
political horizon in that country. While England it en-
tering upon a course of prosperity, to which it is admitted
no man living can assign limits, France is sinking under
the weight of continual impositions and insatiable demands
of the emigrants.
The Coronation oath it is understood is under the con-
sideration of the Cotinc:l of Ministers. In the old formula
the Kt ::o pledged himself to the extermination of heretics.
This part it is of course now if email to retrench ; but,
on the other hand, the Royalists obtain a sort of moral in-
demnity by the suppression of a part of the old ceremony,
in which the Heruld used to ask the auditory, in a loud
voice, whither the people gave their consent to the Royal
accession (si la nation consentait). The point most dif-
ficult to decide was, whether the limo should swear to
maintain the Charter, or merely the institutions of the
country, as in his Speech on the opening of the &Felon.
Finally, we are told it was settled that the oath shall be
talon expressly to maintain the Charter. We believe that
M. De Vt LLE Le is alarmed at the violence of the Royalist
party, and he intends this probably as a check on their
rapid movement towards a counter-revolution.
Several Papers state that Prince id ezzrax tett willliave
Paris immediately.

The state of Syria, it appears, from the Etuile, is truly
deplorable; indeed every'part of the Turkish dominions is
suffering the extremity of misery. The Janissaries are
turbulent and ungovernable, and the Pachas seem more
intent upon taking measures to secure their independence
than upon rendering any efficient aid to the Porte. The
plans of the Vicnoy of Egypt appear to he nearly ripe fo.
execution. He is openly assuming jurisdiction over the
adjacent provinces of the empire. From this to a declara-
tion of his sovereignty there is but a step.
The surrender of Patras is again mentioned, but whether
the statement be only an echo of those we inserted yester-
day, we cannot understand.

FRIESCH lI:WM.—NAIL, MARCH 21.—Five per Cents. 102 f
70c. ; Bank Stock, 20f. 30c. Rente de Naples, Certif. Fal-
tonnet, 801. 45c. Rente d'Espegne, 191. Royal Spanish Loan,
1823, 64. Exchange on London—one month, 26f. ie.; three
ditto, 24f. 90c.—Court Asithentitme, March 21.

There was, considering the state of the Market, a great
advance yesterday in the price of Spanish Bonds, in spite
of all the efforts made to depress them, by the reiteration
of the most positive assertions that no loan can be negotiated
with FERDI NA ND, because he will not recognise the bonds
issued by the Cortcs. We have stated, and we now re-
peat our statement, that the only reason why a loan his not
been contracted for was, that the capitalists in London refuted
the terms on which the King of SPAIN proposed to pay off the
bonds. The question was one en tirely ofdegree. The principle
of recognition was conceded. Advices were yesterday re-
ceived from Paris, announcing the arrival of Mr. GRI -
GORY at Madrid; but as FERDINAND has opened fresh
negociations with another party in London, some time will
necessarily be lost before the arrangements can be sati;_
factorily concluded. We can assert, without fear of con-
tradiction, that the messenger who arrived on Friday night
brought no despatches whatever relative to the loan.
It will be observed by the quotations of the Paris Stock
Exchange, that the Spanish Bonds there also ate ad-
vancing.

By a typographical omission yesterday, we were made to
state that it was calculated that " Mr. GREGORY would
have arrived at Madrid yesterday." It should of course
have been " yesterday week," as we observed further on
that the result of his mission would probably be knot% n
on Friday (to-morrow).

Ti,e Catholic Bill was last night brought in, read a f r:t
time, and ordered to be printed. After come conversation,
it was agreed to defer the second reading to the 19th of
April, when the measure will be debated, and the sense of
the House again taken on its principle.

An unexpected discussion arose yesterday at the India
House, on a motion of Mr. Wu E, for the production of
some paper= relating to the organisation of the Indian arm•
We can now only refer our readers to the report. The
question on which Leadenhall-street has so lately decided,
is, it seems, at last to be appealed to the final judgment of
Parliament.

CITY, WEDNESDAY EYENTNO.
The price of Consols for Money was the same to-day as
yesterday, viz.-931 L and for the Account the bargains
were done a shade lower, viz.-93i I. The market was
extremely flat all the morning.
In the Foreign market the • South American Securities
declined considerably, Mexican Scrip being done as low as
I. and Brazilian Scrip at 14. Colombian Bonds were
at one time at 89, but they afterwards recovered in some
degree, and left olfat 90. 'I be only reason assigned for this
sudden depression was the unfavourable nature of the official
report made by the Mexican Minister of Finance to theCon-
great', of which the substance was in our Paper this morning.
A great capitalist, interesud in South American Securities,
has, however, stated to-day, that the proceeds of the
two last Loans are not included in the Minister's report.
Creek Scrip was In .vier to-day ; it was done at S
without the slightest apparent cause for the &cline. The
Spanish Bonds improved materially, not withstanding all
the efforts made to depress them ; the Old Bonds were
done at 993, and the New at 18g. In the Share Market
there was a great dearth of business; Pacco-Peruvians
were done at 214. The Mexican Company's Shares were
at Si 6. Pearl and Coral Shares were at 94 10. In tl.e
Railroads there was nothing doing. The South Wales
Mining Association came out to-dav, but we cannot as vet
quote any price for it. In the -Color.ial Market there
were a few boards of Sugar sold, at prices favourable to
the buyers. Of Coffee there was no sale.
Yesterday the Cabinet Ministers dined with Lord B, xley
at his House in Great George street, Westminster.

, , ....
On Monday evening Mr. Latchford, the King's mes-
senger, arrived in town with despatches from our Ambas-
sador at St. Pettisburgh..

Upwards of 20,000/. have been subscribed here and
on the Continent for the sufferers by the inundations in
Hanover.