The British Press; or, Morning Literary Advertiser.
London, England, 1825-06-28 00:00:00


Vulture, from Puerto Cabello, of the capture of Carta," by
General BOLT VAR. Bogota and Puerto Cabello do not
present the readiest, means of communication With Lima,
but oar dates from Lima are old at present, and in such a
case it fray happen that the less direct route may bring the'
latest intelligence. From Lima to Bogota is about n. 5 days;
from Bogota to Puerto Cabello, !' express, IS to 20 days
more, which would bring the Lima date to about the 15th
March, which is much later than any thing we have by
any other channel. However, a few days must finally de-
cide the point.

The parties who have been negotiating with the Spa-
nish Government fora new loan, are, we think, justly cen-
suralde for the course they have pursued. Having pledged
themselves to furnish money to the King of SPAIN, 011
terms of their own proposing, they surely had no right
afterwards to turn round and raise objections which existed,
if at all, as strongly when they made the proposals as
when FERDINAND had accepted them. It will hardly be
contended, that because he had broken his faith with the
bond-holderte the contractors were justified in breaking
theirs with him. The effect, however, . will undoubt-11
edly he to increase the value of the bonds, and we :hope to
hasten the arrival of the day when justice wid be rendered,
in full, to the creditors of Spain. Meanwhile, FERDINAND
has himself been induced to bid a price for their claims
below which it is impossible he should ever again make
another off r. Ile has, in fact, acknowledged that, to that
extent, they ought to be deemed valid. This is not
enough for the bond-holders. They are entitled to the
whole, but it is important to them to have had their new.
demands admitted to the amount of 3.5 per cent. It is
remarkable toe, that in fixing this rate of composition, no
distinction, we understand, is made between the bonds of
1821 and those of 1823. On the Stock Exchange, the
new and old bonds, as they are termed, have always dif-
fered considerably in value, though no reason could ever
be shown for the difference. If the Spanish Government
had any feeling on the subject, it must be in favour of the
new lainds, which were issued immediately by commis-
sioners acting under the authority of his Catholic Majesty,
who, in this instance, plighted his honour under circum-
stances of great pecuniary embarrassment. Whatever be-
came of the proceeds of the other loans, the produce of the
new bonds went directly into the Spanish treasury. On
'these considerations, we presume all the bonds of the
Cortes, as they are called, were placed on the same footing,
and declared admissible at the same rate. We wish Fys-
DINAND had never been led to believe that a new loan
could have been obtained on any conditions, hut those of
acting honestly towards all the creditors of his Government.
If false hopes had never been held out to him, the question
of the Spanish Bonds, we repeat, would have bee,' settled
long ago. As it is, however, it must be gratifying to all
lovers of public justice that circumstances, of whatever
nature, have compelled the King of Seale already to
acknowledge that the bonds ought to be recognised at 3.5
per cent. at least.

On the third reading of the Judges' Salaries Bill last
night, in the House of Lords, the LORD CHANCELLOR, in
reply to some observations from Earl GROSVENOR, made
some interesting statements with regard to the income he
derives from his office. During the last three years it has
not exceeded 10,0001., and during the last twenty-three
years it has not averaged 13,000/. annually. This is cer-
tainly, as the LORD CHANCELLOR said, much below the
:common opinion of the value of his office. It is less than
he received while practising at the bar. The Noble and
Learned Lord was deeply affected in alluding to the calum-
nies that have been circulated against him on this subject.
With rcsFect to the Commission respecting the Court of
Chancery,he expressed his anxiety that theit inquiries should
be close and extensive into all that related to that Court.
In conclusion his Lordship adverted to the clamour that
has been falsely raised against him, and warned the House
how they suffered the characters of men in high station to
fall under the attacks of public libellers. Lord REDESDA LE
vindicated the Members of the Commission from some dis-
paraging remarks of Earl GROSVENOR, who afterwards
thought St to explain them away.
In the House of Commons, a long conversation took
place on the presentation of a Petition by Mr. Hums, com-
plaining that a Banking Company at Bristol had refused
to give gold in payment of their notes. The law is quite
clear as to this point. Every Banker is boand to pay in
gold, on demand; but Mr. Hums and Mr. ABERCROLIBY
wished to have a summary process enacted, for the seizure
of a Bankerl goods. if, at the end of three days, he refused
to pay his notes in gold. The subject was treated as one
of great importance, merely to give some of the Members
an opportunity of recurring to their old practice of predict-
ing the national ruin from the excess of the paper currency.
CORBETT should have been amongst them, to have read a
lecture on the gridiron.
The Combination Bill passed through the Committee.
The evils of the present system were forcibly btft not too,
strongly stated by Mr. WALLACE. The trade of the
country would have been undermined and destroyed, if
an effectual check had not been applied to the wild ex-
cesses of the workmen. Their own interests were those
most deeply concerned in the suppression of 'their violent
COMM
The charges against Mr. E exams were again before
the House. Mr. DENHAM gave notice of his intention
to move some Resolutions this evening, inculpating Mr.
KFIVRICR with respect to the case of Faasis.

By our advices.from Liverpool last night, we learn that
Mr. Rory. Kix°, the new American Minister, and his
family have arrived at that port by the Pacific, which sailed
from New York on the Ist of June. We have also by the
same conveyance received papers up to that date. Their
most interesting contents relate to South America. The
l'eu, York Evening I'M states, that " a treaty has been
concluded between the French and Spanish Governments,
by which the Islands of Cute and Porto Rico are to be oc-
cupied, like Cadiz, with the troops of the former nation,
Of 18,000 French soldiers now in the West Indies, 8,000
are to be draughted Cyr Cuba, and 4,000 fbr Porto Rico;
and the garrisons row occupying these places are to be dis-
banded and sent to Spain, or to some other station."
We do not believe there is any truth in this statement,
though it is said to proceed from respectable authority.
The French Government have repeatedly disclaimed any
intention of taking possession of the Colonies of Spain;
and the sentiments of E3gland are sufficiently known, we
think, to prevent any attempt of this nature, if France.
were disposed to make it. By the accounts from Bogota
in these papers, to the lath ult., it appears that the Session
of the Colombian Congress was diawing to a close. The
following are further extracts :
(From the Ness York Daily Advertiser of May 30.]

A gentleman, who arrived here in the schooner Franklin from
Chagrea and Lima, has furnished us with Guayaquil papers to
March 19, and Lima Government Gazettes to March 10.
We are informed that Gen. (Ballets still holds out in l'prier'
Peru against the Patriots, although a report was current in Luns,
for a time, that he had agreed to the capitulation.
The Peruvian Congress opened their Session on the 10th of Fe.
bruary, and decreed that Bolivar should continue to hold the
power and title of Dictator until the neat Session of Congress,
which is tired by the Constitution in the year 1826.
Two Members of the Peruvian Congress had arrived at Gnarquil
on their way to Colombia, charged with an important commission.
General Sanchez attacked a body of 800 Royalists at Cochabamba,l
on the 17th January, who were going to join Olaneta, and took
'many of them and their officers prisoners. Preparations were mak-
ing to garrison Chuquisaca and Potosi.
Ths Congress voted a gift of a million of dollars to Bolivar,