The British Press; or, Morning Literary Advertiser.
London, England, 1826-01-24 00:00:00

enemy's capital. The difficulty or penetrating through an
ihnost unknown country may make the advance on Urnme-
"Pow* slow, but there was every reason to anticipate, that
the approaching campaign would bring this protracted war
to an honottrable and glorious termination. The most com-
plete confidence was reported in Sir Ammo Aln CAM POLLC
by the Indian Government. They alone possessing a full
,knowledge of all the circumstances attending the in-
vasion of the Burmese territory, were capable of judging
bow far it had been skilfully ex•'cuted ; and we understand
they ar:. in every re et natisPeil with the highly valuable
services of the gallant General.
Among the reports current at Calcutta was one respecting
a newly-organised army of the enemy, consisting of 60,000
men, which was to be accompanied to the field by sor-
ceresses, and assisted by all the power of the black art.
That some attempt would be made to oppose the march of
the British troops upon Uminerapoora is very probable; but,
as the inhabitants of the country are all anxious for peace,
and the Burmese armies dispirited by repeated defeats, no
serious resistance is apprehended. On the contrary, the
most current opinion in the hest-informed circles was,
that overtures of submission would be received before the
British troops left their present quarters.
It is very satisfactory to us to be able, on unquestionable
authority. to state that there is no foundation for thereport
which was some time ago circulated, that a misunderstand-
ing prevailed between the Con- ErtNOte-Gli NERAL and the
Commander-in-Chief. On the contrary, we understand
that Lord .I'4/1451 and Sir EDWARD I'AGST are living
on terms of perfect amity, and that the whole efforts of
both arc equally applied in supplying the armies with
reinforcements, and in bringing the war to a favourable and
speedy termination.

We priamitted to accompany Mr. CORNETT through the
continuation of his address to the " Mechanics," on the sub-
ject ef pa per curt rnry. What he has written for their learn-
ing in his Register of the prcrent week is quite original.
He is first foolish enough to represent country bankers, and
all who issue paper-money of whatever description, as taking
away from the litho the prerogative of coining! No one
we should have thought at this time of day could have
betrayed such utter want of knowledge on all that relates
to the subject either of commerce or of the coinage. His
erroneous conception of the nature of this prerogative—
than which, important as it is, none can be more harm-
less, or less liable to abuse—may be collected from the fol-
lowing most extraordinary comment uponit
" But, what must be, not what has been only,
but what must be the consequence, if this prerogative be
taken from the Kix°, or Sovereign, and exercised by COM-
PANIES, or by INDIVIDUALS ? There are several prero-
gatives vested in the KING for the good and safety of the
people ; but this of makinc money is the greatest of them
all. The calling and dissolving of Parliaments; the mak-
, ing of peace and of war ; the power of pardoning criminals ;
in short, all his other prerogatives put together are not
equal in importance to this; for this affects, at once, the
property and even the life of every soul In his dominions.
By changes in the measure of value, the Kiwis might de-
stroy, actually destroy, the lives of half his people in a
month. Suppose the KING were to issue a proclama-
tion, declaring that none uf the money Vogt should be con-
sidered as looney any longer, and were to issue no other mo-
ney in its stead. There could be no sales, no purchases, no
debts, no wages paid. The people roust starve or seize the
food by force : all law and all gorernment would be at an end."
It is impossible to illustrate more strongly the direful
consequences that would ensue were the KING to issue
such a proclamation as is here supposed, than by sumosing
1 that his MAJESTY were to tack another to it, by way of
rider, declaring that none of the bread sold should be con-
sidered as bread; and were to give his subjects no other com-
modity in lieu of it. There could then be no hot rolls, no
muffins, no crumpets, no bakeri shops! This, we think,
would be an infinitely worse proclamation of the two; be-
cause, although his Majesty King GEOIIOI IV. should be
pleased to declare that money should no longer be consi-
dered as money, still, as we do not eat sovereigns, it would
not necessarily follow that " the people must starve, or
seize the food by force ;" but when the royal flat had de-
tertnined that bread should no longer be bread, this great
staple of our subsistence would, of course, be annihilated,
and then FAMINE would knock at all our doors with a
vengeance!!

Our learned Pt. NDIT thus proceeds:—
" Is it not, then, a monstrous thing, that this great
prerogative of the Kixo should have been taken, in reality,
from him, n, we nom &hold it? The prerogative was
vested in him, awl in him only, for the protection of the
whole al' his people; and do we not now behold the fatal
eonsequeuces of allowing bodies of men and individuals to
exercise this prerogative of issuing money? At the very
lowest computation, hall a million of pet ions must, within
the Gist two ',ninths, have suffered 123 s of properly, direct
bar, by th7se issuers of money. And there sits our lawful
!iv:6 on his throne, wi:11 this great prerogative still
nominally his, but without any more power than ally one
of you have to afford protection or relief to these his
suffering subjects! Ought this to be? Can this long
last? Every man exclaims, 'lt ought not to be; it
einnot last ; the King must r.r,mise his prerogative agnin,
or there must he and!

" The li:ng mutt exercise Lis prerogative again." To be
sure he must. MI that puzzles us is to know when and how it
was taken away! How the momentous intelligence reached
Kr nstsc; ras we know not, but certainly the secret was ne-
ver dropped by the way. Well may Mr. COB/all' ask,
'' Ought this to be? ('an Mrs long last?" All mat join
chorus in answering, " Certainly not." But who, may we
be permitted in the mean time to ask, has usurped this royal
prerogatives As the coin of England trust be either of
:fold or ri:trr, it is manifest di it no issuers of paper money
can at all interfere with it. How comes it, moreover, that
the Au/rimy-General Antili! have suffered " this great pre-
rog.atier of the King to have liven taken in reality from
him," and not have made even a single effort to recover
it ? We trust Mr. CODDETT will vouchsafe to inform him
who they arc that have thus infringed the sovereign power,
that he may take due means to restore it, and we further
hope that when restored his NIA, Lary will issue no procla-
mation, declaring that money shall not be money, but will
suffer all his subjects to enjoy what little they can get of it
to the end of their days.
Mr. Coml.]. dells very little with rich, but he makes
up for this deficiency by dealing, as we have seen, very
largely in suppaiilionr. His imagination is at work with-
out end. His Registers are enough to frighten all the old
maiden ladies out of their wits ; they are actually led to
fear that ANARCHY is lurking behind every act of man and
every measure of Govermnen, and that it will . surely
fasten upon them in some shape or other. No sooner have
they got somewhat freed from the dread .tf some possible
proclamation that may annihilate all the money, bit their'!
weak nerves are assailed by the following supposed case of
a cOngregliOrfOliSTltli BANKLRY:—

" fitippose that they had met, and had resolved all to stop

THE BRITISH P'

S•,

en the same day! There would bare been generalanarehyi
the next day. 71. e laws wosiSall have bees laid prostrate.
The law of strength, of forte, would have prevailed ; for
every man and every woman would have taken food and
raiment, and hcdding, and fuel where they could find them•
Such is the power of money, and such the tremendous evils
that may arise from that power being, in effect, taken from
the Sovereign and given to private persona.
" While some persons will say, that such a resolu-
tion on the part of the money issuers is quite improbable,
all men must agree that it is possible ! And, ought such
a pussihddy to exist? Ought it to he in the power of
eigoil hundred individuals, self-constituted money-makers,
to plunge twenty millions of people into anarchy, to dis-
solve all the tics of society, to lay prostrate all the laws, and
set the King's crown itself on the cast of a die! Ought
this to be ?"

Ought this to be ! What ! women to find bedding where
they can ! Certainly we should say without hesitation,
Mes ought not to be% As to th 9 eight hundred money-
makers plungit4 twenty millions of people into anarchy—
dissolving all the ties of society—laying prostrate all the
laws--and setting the KING. 6 man itself on the cast of
a die—we consider all these as minor evils compared with
the inconvenience of ladies being obliged to take up with
any bed that offers. Still, if it is coolly put to us as a
question, " Ought these things to be ?" why, we should
say that upon the whole we think not. And we hope the
eight hundred money-makers will never be so inconsiderate
as to resolve all to stop on the sante day, when they are thus
made to perceive the very awkward and unpleasant results
which would follow from their determination.

We have already remarked on the shameful ignorance
which Mr. Convert discovers when speaking of paper
money. He takes it for granted that his readers are as ig-
norant of the subject as himself, and he therefore ven-
tures any assertion that comes uppermost. He is in the
first place aware that he shall not be called upon for proof;
but in cases of difficulty, lie provides against this by a
practice to which he never fails to resort : it is this—he
makes his readers admit it /e proved, and then goes on as
if he had actually followed up his assertions with the full-
est demonstration. The Register before us furnishes a
specimen of this mode of management. He puts the follow-
ing into the months of the mechanics to whom he professes
to address himself:—

" You hare proved to us in the preceding lecture, that
the quantity of money in any country is a matter of no
consequence ; that dealings to any amount may be carried
on with a very small quantity of money; that, if our com-
merce were augmented ten thousand fold, there would, and
could, no injury arise from there being no augmentation at
all of the quantity of money; and that FRANCE gets on
very well without Iwpn-money. Why, then, cannot our
Government get on without paper-money?"
Now Mr. Conarr-r neither has proved, nor can prove,
any one of these assertions. They present a tissue of ab-
surdity and nonsense from beginring to end. Every reader
of common information smiles in contempt at the man
that can combine such consummate ignorance of his sub-
ject with such egregious self-conceit. As to the assertion
that FRANCE has AO paper-money, it is repeated from his
last Register, and we have already remarked upon his gross
want of information on a point upon which his ignorance
is inexcusable. The fact is, that France not only abounds
in paper money, but that gold bears a premium, it being
by no means so plentiful in that country as it is in this.
The agio we believe is at present in Paris about half per
cent. Silver is more plentiful, and of course enters more
into the circulating medium.

We cannot, at present, •pare more of our space to Mr.
CODBETI. When we undertake to expose the errors of
such a writer, it is not our subject but our patience that is
exhausted.

CITY, MONDAY EVENING.
The bargains in Consols commenced this morning with
great cheerfulness, and the early quotation was 801 I.
This amendment was chiefly attributed to the news from
Russia, establishing, as it was supposed, beyond a doubt,
Ntellol.As's succession. Towards the middle of the day,
however; he British Funds declined, and Consols closed for
the night at sof 3 for the Account. There was no great
extent of business doing in English Securities this morn-
ing; and after the immense transactions that have recently
taken place in them, it is not to be wondered at that busi-
ness should slacken for the present, and particularly when
the vast sums that have just been paid by reason of these
transactions are taken into the account. Indeed, the Funds
are likely, in some degree, to remain inactive, we should
imagine, until the meeting of Parliament; speculators being
naturally anxious to gain all the information they can from
his M Ansi. v's Speech, and the declaration of Ministers,
before they again operate largely. Exchequer Bills were
at par to Sts. pretnium.

In the Foreign Market there was, in the early part of the
day, considerable bustle, and every Security in which busi-
ness was doing assumed a brighter aspect. Russian Bonds,
in which, however, the transactions were not numerous,
were particularly buoyant, having reached 85j, which is
patty decisive evidence of the opinion entertained on the
Stock Exchange this morning as to the solidity of Nicito-
LAS'S Government. The elasticity in South American
Securities was also apparent ; although they, in common
with other Stocks in this Market, felt a slight reaction be-
fdre its conclusion, still, however, leaving a balance of
improvement on the day's business as compared with
Saturday. Colombian Bonds were 591 ; Mexican 6 per
Cents. 671 8; and Guatemala Scrip 17 15 dia. Greek
llonds were unusually steady—so much so, that there was
no difficulty in getting Jobbers either to buy or sell at the
quotation of tl, IS, which continued all day. Spanish
Bonds were 12. 3, but speculators seemed disinclined to
bar?ain largely for the account in this Stock, from the ex-
pectation, whether well or ill founded it is not here neces-
sary to inquire, that an advance in it would shortly take
place. Danish Bonds were 59/ 60 .1.
Although this i,: a (lay of no public business in Mincing-
lane, the demand in Rum still continues.

The Ripply of Grain, generally, has been plentiful in
Mark-lane this morning; but that of Oats has been parti-
cularly abundant. Prices, I owt ver, continued steady.

L.:tters received yesterday from Madrid state, in con-
fident terms, that Catliz will be declared a free port.
The arrivals from India yesterday only brought letters
of old dates, and consequently added nothing to the infor-
mation that we had previously received.
Letters arc in town from Batavia to the sth of October,
which state that tranquillity was restored in the towns.
General De Kock had marched into the interior with
2,000 Dutch troops, for the purpose of attacking the
rebels. The exchange on London was nominally 3. 7.
The. Government was about to draw for one million of
florins.

The merchant ships continue to arrive daily from Java,
on accomit of the distracted stare-of the country, and the
anxiety to ship off any article of produce or of value. The
dates received yesterday were to the Sth of October. They
are more favourable to the Dutch authorities than the
previous ones. General De Kock bad collected a consider.
able force, and advanced on Jacatta. There had been more
skirmishing, and the insurgent Rajah and his son were
prisoners on board a Dutch.frigate.
The subscription for General Fey's family amounted, on
Friday last, to 786,028 francs—nearly 31,5001.

PASWIONARLE INTELLIGENCE.

Earl Beshorough has left the Earl of FitzwilHam's peat, Milton.
Northampturishar, fur Lord Rendlesham's seat, Woodbridge,
Suffolk.

The Honourable "W. Burrell has left town, for Dilalea Hall,
Emir.

—Sir William
Ably, Bart. arrived in town yesterday, from
Brighton.
Arrivals at Fenton's Sew Hotel, St. James's-greet : —Mr. and
Mrs. Chambers, from Bath; J. Lockwood, Ihui. from his Neat in
Surrey ; General I.'oghlen and Son, from Brighton. Departures :
J. Fyson, Esq. for Oxtnrd ; Captain Ilan, 11.5. for Portsmouth.
Departures from Jordan's Hotel, St. James's-street .—colonel
Fine and Mr. Levin, for Tunbridge-wells; Mr. and Alm Prothe-
roe, oil a tour; Mr. and Mrs. Frankland, to their seat in Essex.
Departures from Gould's Hotel, Jermyn-street :—The Earl of
Gosforth, for his seat in Suffolk ; Sir George and Lady Nugent, for
their seat in Bucks.

Departures from the British Hotel, :ermyn. * :—Captain
Everett, for Norfolk ; Messrs. 31arkham, for their scat in Kent ;
W. Test, Esq. for Oxford.
Arrivals at Thomas's Hotel, Berkeley-411m :—Mr. and Mrs.
Ferguson, from their seat near Blandford ; Major Buckley. De-
partures ..—The Duke of Bueeleueh, on a tour; the Marquis and
Alareltionees of Salisbury. for Hatfield ; Colonel Gore Langton, for
Brighton; Colonel Andrews, on a tour; the Earl of Chatham, for
Kent.

Sir Robert and Lady Wilmot left the Burlington llotel, Old
Burlington-street, yesterday. for York.
Arrivals, at the Boyd Hotel, St. James's-street:—J. Sparks,
FAN. from Cobham Sir Italtilt .‘nstruther and family, from Scot-
land • Sir IL Yam., front l'oechicood, Hams. Departures :—J.
Cook. Esq. for Leicestershire ; 1). Beneage, Esq. ; and W. Sergi•
son, Esq. on a tour.
Arrivals at Batt's lintel, Arlineron.street :—The Dean of St.
Patrick, from Dublin; Sir John !Alley, front the Continent; Dr.
and Mrs. Stedman and family, front Wanstead, Essex. De-
partures:-11r. and Mrs. Branfeild, for the Continent; sad Illjor
Clayton, for Surrey.

The Earl of Liverpool and the Chancellor of the Ex-
chequer arrived in town yesterday morning from Coombe
Wood and Beckenham, and it is understood that the Mi-
nisters have come to London for the season.

Yesterday morning Mr. Secretary Peel left town on a
visit to the Duke of Wellington.
Yesterday the French Ambassador and the American
Minister transacted business at the Foreign Office.
The Russian Ambassador received a communication
yesterday from Mr. Secretary Canning.
Cards of invitation have been issued by the Earl of
Liverpool and Mr. Secretary Canning, for Parliamentaty
dinners, on the day previous to the meeting of Parliament.
It is said that Mr. Stuart Wortley, jun. and Mr. Alex-
ander Baring, are to move and se rand the address in the
House of Commons to the King, on the opening of
Parliament.

Yesterday Mr. Wallace, the Master of the Miut, trans-
acted business at the Treasury.
Sir Hudson Lowe left Vienna on the sth inst. to proceed
to Constantinople.
The Archduke Ferdinand of Este set] out on the 1 lth
inst. on his mission to St. Petershitrgh. His Highness
goes by way of Breslau, and will be three weeks on
the road.

A letter received at New York from Alvarado states
that preparations were making by the inhabitants to
remove to Vera Cruz. Furniture and merchandise of
every description were strewed along the beach, ready to
be taken on board coasters. Several merchants had al-
ready taken houses at Vera Cruz, and were only waiting
for permission from Government to transport their goods
in French vessels, free of duty. The transportation, how-
ever, would be delayed some time, as the houses at Vera
Cruz were in a very bad condition, and would require a
deal of repair. People were flocking into Vera Cruz from
every part of the country to secure housas._

An evening Paper has published the forged proclama-
tion of Bolivar, to which we alluded yesterday in our ex-
tracts from the New York Papers. There can be no doubt
that it is a gross fabrication.
We are sorry to announce a considerable failure in the
cotton trade at Liverpool ; the amount for which the house
has stopped is reported at 100,0001.
STIRLING AND HODSOLCS BA NlC.—This highly-
respected firm, the last of the banking-houses in the me-
tropolis which were compelled to s 'spend their payments
during the late severe financial cenvulsion, has been the
first, of those who have not absolutely resumed their busi-
ness, to make a dividend of six and eight-pence in the
pound, which was paid yesterday.
In consequence of the great expense incurred by the
Burmese war, it is understood that the East India Cam-
patty will find it necessary to avail themselves of the full
extent of the privilege granted them by Act of l'arliament
of issuing " bonds for circulation in the London market.
The amount at present out is, we believe, very consider-
ably within that privilege.—Morning Paper.
Mr. Ileber has lately added to his enormous and valu-
able library a curious collection of manuscripts, which
the worthy Member for the University of Oxford considers
a desideratum in that particular class of literature depo-
sited in the library at Hodnet.
Mr. Gooden, the eminent merchant, and Mr. Lockhart,
the son-in-law of Sir Walter Scott, were selected by the
Curators and Trustees of the Advocates' Library, is Edin-
burgh, to examine and report upon the value of the
Astorga collection of Spanish books, which were then the
property of Mr. Thorpe, the bookseller. This singularly
curious library of Spanish history and romance exceeds in
value even the numerous tomes of Lord Holland. The
price originally asked for it has been ratified at 3,000 g.
Notice has been circulated in the City, that it is intended
at the next Session to apply to Parliament, for Bills to
erect a new Corn Exchange, at or near Mark-lane, in
the parishes of St. Olave, Hart-street, or Allhallows Bark-
ing; to form a new street frotn Moorgate or Finsbury-
place through London Wall to the north end of Bartholo-
mew-lane, making a direct communication with the Royal
Exchange, Bank, and Stock Exchange, and to widen and
improve the entrances to it, in the parishes of St. Marga-
ret's Lothbury, St. Stephen, Coleman-street, Allhallows,
London IVall, and St. Peter-le-Poor, Broad-street, through
which it will pass; also a Bill to amend the Act, 14th
Geo. 111, commonly called the Building Act, for the
further and better regulation of buildings and pasty
walls, to prevent mischief by fire, and to indemnify
builders, under certain restrictions, against penalties to
which they may be exposed by acting contrary to law.
have read a copy of the official paper published by
the Greek Provisional Government at Napoli di Rumania.
It is dated the pith (30th, new style) of November, and
contains a very sensible article on the Proclamation issued
by his Majesty's Ministers for the prevention of military
supplies and expeditions to Greece. We are happy to find
that the Provisional Government has the good sense to see
and the manliness to declare, that the publication of that
document announced na change in the polities of our
Cabinet injurious to the interests of the Greek nation, and
that it is entirely founded on that principle of neutrality
which we had "not only proclaimed, but had also ob-
served throughout the existing contest." It is also grati-
fying to ascertain that Greece is neither offended, as we had
been told she would be, nor disheartened, by our refusal to
accept her proffered Protectorship in a military sense, and
that, on the contrary, she do, s us and our Government the
11 justice to hope and to believe, " that England protects her
rights at this moment, not with military force, but with
the strength of her influence, and her upright, wise, and
liberal policy."
Rice BREAD.—The following directions fee making this
valuable succedaneum will be read with interest at the
present high and increasing price of wheaten bread. The
composition, long considered impracticable, from the defi-
ciency in gelatinous matter in the grain, is thus developed,
among tnany illustrations and observations in the Journal
des Scienres:—" The rice, after being reduced by the mill
into the finest possible powder, and carefully sifted, is
put into the kneading-trough, and a quantity of water
merely sufficient for the operation, thickened by boil-
ing in it a small portion of the flour, must be thrown
upon it. The whole must be then well worked toge-
ther, adding a little salt and a due quantity of leaven.
The dough, covered with warm linen cloths, must be then
set by the fire for fermentation, during which it will assume
an appearance almost or liquefaction. It is then to be
filled into a stew-pan, previously wet with water, and
covered with a sheet of paper, be placed in the oven duly
heated, and quickly and dexterously turned upsidedown.
By this time it is formed in mould. and may be left in the
oven till done. It conies out a fine yellow, the colour of
the richest pastry, and is equally agreeable to the taste and
sight. Its value is, of course, proportionably abated by
keeping."