The British Press; or, Morning Literary Advertiser.
London, England, 1826-03-10 00:00:00

GERMAN. PAPERS.

• • Beattie. Ft*. 21.
Twenty mercantile hostiles, among whleb are several of the SOK e
tank, have fallen here since the end of last year. A .msneral tea-.
sternatinn has arises, by which, however, the evil is oply rendered
wor.e. `a house any longer has any credit; all money lent is
called in. and even the deposits in the savings' banks are eagerly
withdrawn, though th;-1 are guaranteed by the city. For the 6tst
time we see merchants deNponding who had hitherto carried on a
successhil business. On our Exchange yesterday t:te Vends of the
public (Staalisschuldscheine) fell full five per cent. is well as the
English loan ; the first were quived at 80. the second at 91). We
have not had an great a fall for these eight years, and it was hardly
thought possible. as circumstances were, that there could be a flu-
then decline. These expeeuttions were, however, painfully disap-
pointed on our Exchange today; the bonds of the public debt
opened at 78, and at the close of the dry were unsaleable at 7{l.
The English loan fell to 85. and bonds of the March of Brandeni
burg could not be sold at 74. Even the ohlrgations of the Grand
Duchy of Posen, which by the statutes are secured in the moat
ample manner, fell six per cent. in these two days, front 96 to de.
Vienna Metalliques are indeed quoted to.day in the printed list at
85, but in fact they were at 82; and tln., Bank Shares, quoted of
1720, could not he sold at 700. Everybody inquires with Lutenist-
ment what can he the cause of so great a decline, and nobody tart •
assign any sufficient Treson. It cantle', be the apprehension of
general war; for if, contrary to all probability, peace seelalll
interrupted, a war under present circumstances would be partied,
and of short duration. The cause seems to to net in political bat
in commercial relations. The latter have been very different since
the restoration of the general peace of Europe. from what they wets
in the preceding twenty-five years of war. This change of circum-
stances at home, and our disadvantageous position with respect su
other countries, have led to the numerous bankruptcles which have
destroyed all credit. Can private persons be blamed fur calling in
their money, when the brothers Benecke have failed for 1.400,00 E
dollars ; Crellinger, formerly army contreetor, for 1,100,000 del-
i hers ; and Reicheubach and Ileixner for 3,000.000 ?

FRANKFORT. FEB. 24.
The examination of the affairs of the louse of CrellinAer, at
Berlin, affords no very promising result to the creditors, who, it
appears, are not likely to receive above tvelve per cent. On the
other hand, it is affirmed that the ledise of Reichenbach, at Leipsie
(whose branch establishments at Ilerlin and Altenburg have atso
stopped payment), proves that it is not actually insolvent, but is
only at present unable to meet the pressure of eircumstancei. A
Committee of the chief merchanti and bankers of Leipsie boa,
therefore, been appointed to examine into the state ofiteaffaips.
Should the result prove sa: isfactory the house WM resume Its tomb.
nese. especially if it should prove true that the King of *loop
himself is inclined to support it. According to the latest eccotiolb
front Ilanibureh affairs seem to be settled there as well as can be
expected in thin general otitis. There was no sesirdly of money,
and large remittances of gold had even been made to London ; for
instance, a million bane* by fleyne and Co.
• There is scarcely a house or estate in the north of Germany
on which there are not several mortgages--often ten or a dozen
small sums (of from 100/. to 200/.) each of which has a prior claim
to those succeeding it.. In case of a depreciation of landed pro-
perty, the mortgagees of the later sums take the alarm, and c.o.
MIMI the payment of their capital. If the owner of the estate has
not the money, and cannot find air other person to advance it on
the same security, he must sell the property in a certain time.
Should it not fetch the sum for which it is mcirtgaged those latest
in the list lose their money, nor have they any data:too the purchafei
—(Note of the Editor.)

We received another file of American papers last night. .
but their contents are unimportant.. The declaration of
war between the Emperor of Brazil and the United Pro-
vinces of La Plata is given in one of them, and various
speculations are entered into by the editors in consequenoe
of the receipt of this official document. The inarkeza at
Monte Video arc in a state of extreme depression.
By the last arrival from Port-au-Pence at Itavre-do.
Grace, there were letters from the Hayden government to
their agents here, on the subject. of a treaty of commerce
with England. A communication on this subject has been
made to Mr. Cloning.

Letters were this"morning received from Bahia (dated
6th January,) by way of Rio Janeiro and Lisbon. O.
the hacks of the letters is Written--'t Original, per Dia-
mond frigate." It is in consequence believed Sir Charles
Stuart has gone back to Rio, to await the return of the •
treaties which he had sent to England, and which the
Government has declined to ratify.
The heat of the weather yesterday was very extract.-
&nary for the periortof the year.. The thermometer in-
dicated at eight o'clock in the morning 49
.Pahrenheit, at
noon GO, and at seven in the evening .57. It was ex-
tremely fine during the whole of the day.
The machinations of the Union of Trades are still ex-
ercised at Cork ; and early on Tuesday morning a new
wall, eight feet high, to the extent of one hundred and
twenty perches of mason-work, was levelled to the ground.
An appeal has been made to public benevolence by the
master silk-manufacturers of this town in behalf of their
work-people, now suffering from want of employment.
Whatever may be the final tendency of the measures
Government et respect of this important branch of menu-.
facture (and we are happy to know that there are many
competent judges in the trade who think very suspiciously
on the subject) yet the immediate etate of the nettle is such
as to justify the liveliest commiseration in behalf of the
numerous artisans whose titan] labours are at present sui-
pended. If the amount of suffering in this town be not so
great as is experienced eleewlief'f, there is unhappily a
sufficient degree of it to interest every humane heart on the
occasion. The sanction of their employers to the publk
solicitation now making, co-operating with the chums of
the individuals themselves, which are founded no less on
the fact of their destitute condition, than they are enforced
by the consideration of their exemplary, peaceable, and
meritorious conduct, will tin doubt ceeite the moot active
and beneficial energies of public charity in their behalf.—.
Taunters Currier.

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OMIO.