The British Press; or, Morning Literary Advertiser.
London, England, 1826-03-06 00:00:00

rotFiv to call for? Whether the measure may he 0
Itr
{,,Peeerahle or unfavourable to the local interests of Scotland
$::,„1,,e question, and must be discussed on a very
ae..„ut grouisl. But to resist the abolition of small
on any in!'erence drown from the Union Act, betrays
slat case. What the Parliament of that time meant to
nc:de in tram " private rights" may be clearly enough
o;ieeted articles 20 and 21, in which they are ex-
r;av adverted to :
xx. That allrieritable.offlers, superlorities. heritable jarisdle.
„thee, life, and 4urtmlictionf for lire, be reserved for the
Aerial as rights vj pr.operty, in the same manner as they
7.,,,,,,erved by the laws of Scotland. notwithstanding this treaty.
'that the rights and priviteges of the /loyal Boroughs
`,,,,tend 2% they are, do TCIIIIIIO entire after the Uuion, and uot.
Innsninding thereot
Scotland, prior to the Union, had debased its pound to a
thirty-sixth part. Did this debasement of the coin make
$ port of its lir; rate rights? For years past its small notes
lire completely usurped the place of gold ; but to plead
the stipulation of that alliance in bar to the restoration of
a metallic currency, is absurd in the extreme. Were even
the orivilege of continuing to issue one and two pound
totes permitted to Scotland, it is quite impossible they
,uld maintain their circulation after gold had become the
ebstatitial currency of England. The extensive commer-
ial dealiugs which exist between both parts of the United
Kingdom could no longer be carried on. The intrinsic
value of the one currency, compared with the other, would
soon throw the mercantile transactions on both sides into
onfusion. The bankers of Scotland could no longer pay
their notes in Bank of England paper as at present. But
this subject would lead us over a wide field of considera-
tion, and we have occupied already more space than we
OD spare.

CITY, SATURDAY EVEWTWG.

That fearful day, the 4th March, has passed, and cer-
tslnly urnli less disastrously than was at one time antiei-
pt: a. some croakers in the early part of last week reckoned
up tl the number of at least so houses that would suspend
thjr payments on that day ; but fortunately their predic-
tiots ou this occasion, as well as on several others, have
teen fulfilled, and we have only heard of three COM..
nrcial failures to-day ; one certainly of considerable

runt.
A variety of political reports have been in circulation,
tut they have had only a slight influence on the Funds,
which, soon after the commencement of business, rose
ot.e-half per cent., and even at this improvement the
dialers showed great eagerness to make purchases. No
communication whatever having been made from the Bank
with respect to the funding of Exchequer hills, was the
chief inducement for those operations, and had it not been
fir the announcement of the failures we have alluil, d to
in the city, a further elevation would, no doubt, have
taken place. The first quotation of Consols fur Account
was ;Gf, but rose soon at to 76f, and continued to
fluctuate nearly >i per cent. until about three o'clock, when
vie market again became heavy, and by the arrival of four
o'clock. they had sunk to within about i per cent. of
the opening price in the morning. Amoig the other ru-
mours have been that of the resignation not only of the
CHANCELLOR of the EIICHEQU AR, but likewise of the
LAD CHAN:LEI-10a j the latter, it was said, in conse-
quence of ill health.
The Four per Cents. have been very heavy during the
whole of the clay, which is to be attributed to the current
belief that the funding of Exchequer Bills will be in this
suck. Exchequer Bills have remained about the same as
yesterday, viz. from par to gs. premium ; the discount on
India Bonds has been reduced to Is. only.
What little business has been transacts d in the Foreign
iS2eurities to-day has been upon rather higher terms than
yesterday, a slight impulse having been been given by the
elevation in our own Funds. The principal advance, as
' far as regards the Northern SecuritiesOiss been in Russian
:kinds. which, yesterday afternoon, were seventy three,
lut this afternoon have been at done at seventy-five.
Danish Bonds arc only about one-half per cent. higher.
There has been a similar advance in Austrian and Prussian

noek.
South American Bonds have been very elastic, especially
towards the close of business, and the quotations ate rather
mare than 1 per cent. above what they were yesterday.
Mexican New Bonds have been sold at 61i, and Colom-
bian New Bonds at 47i, but they left off a shade lower.
spamsh have fluctuated between 01 and 10, but in the
New Stock nothing has been done.
The Share market continues in a state of inactivity.

WINDSOR, SUNDAY, MAlcil 3.

His Majesty is much recovered from his late severe attack
of the gout, hut the weather has been so damp this last
week that the King has not left the Royal Lodge.
Divine S.lvice was performed this morning at the Royal
Lodge, by the Rev. Dr. Sumner.
Ilir Royal Highness the Princess Augusta and suite
Lttentleil Divine Service at the parish church, where there
was au excellent S.rmon preached by the Rev. Mr. slealey,
I:urate of the parish.
Great improvements are making at Virginia Water for
the cuureuience of the King.

The Duke of Clarence is expected to leave England at
the commencement of the summer for the Continent for a
then time, his Royal Highness having derived so much
benefit last year during his journey, and avoided an annual
asthmatic attack to which the Royal Duke has been subject
:or a number of years. _ _ .

Prince Leopold arrived in town from Claremont on Sem-
day. Ilia Royal Highness dined with the Duchess of Kent,
.t her apartments at the King's palace, Kensington. After-
wards he htnoured the Italian Opera House with his
pro, lice.
Y,,t.relay morning Prince Leopold attended divine ser-
vice at St. Philip's chapel, Regent-street.
A tricetirg of the Lords of the King's most Honourable
Privy Council, was held on Saturday at the Council Office,
which sat about two hours.
On Friday night, Mr. Hunter, sen., the King's Messen-
ger, was dispatched from the Secretary of State's Office
for Foreign Affairs, to Lord Granville, our Ambassador at
Paris. • _ _

Mr. Dykes, the King's Messenger, was sent off on Satur-
day evening from the Foreign Office, with dispatches to
the Duke of Wellington and Lord Pcnshurst, the Ambits-
udors at St. Petcrsburgh, from Mr. Secretary Canning.
Mr. D. was to proceed by the way of Berlin' having also
despatches from Mr, Canning to the Earl of Clanwilliam,
our Amhar.olor at that Court.

The di parture of the Russian Ambassador was expected
ill the official circles for about a week previous to the event
taking place, and during that time constant communica-
tions were kept up between his Excellency and Mr. Secre-
tary Canning early and Ire on each'day.
Ilia Jrace the Duke of Portland has set td work, upon
his estates in the neighbourhood of Mansfield, a great
number of the unfortunate unemployed atockingers and
others of Mansfield-Woodhouse and Sutton-in-.lllifield.
Ills Lordship has also bad oxen slaughtered anti sold, be-
low the market prices, to those pour suffering fellow-
creature" ; and in addition to this, the overseers of Sutton
have receiv.d a letter from Mr. Neale (his Lordship's land
agent) requesting them to give him a meeting, to consider
whether the parish would be further benefited by employ-
It% the poor in this way for a few weeks, during the great
distress which at present unhappily prevails.
REPLIESENTATIVE Pas s.—The death of Lord Carleton
has occasioned another vacancy in the representative peer-
age of Ireland. Three candidates are airiody spoken of—
Lord Mounteasbcl, and the .Earls of Meath and Glengall.
Morning Registri.
MK. You sc.—`Ye regret to State that this celebrated
tragedian was seized with an inflammation of the liver, at
Ills hotel in lifanchestcr, nit Monday last, which, but for
the 7 most prompt assistance, must have proved fatal to him.
e are hippy to hear he is in a convalt.scent state.