The British Press; or, Morning Literary Advertiser.
London, England, 1826-10-17 00:00:00

Ott It reoo.

DRCRY-LANE 'f lIE.VTRE.
This Zeroing. TUFSDAY, Ortoi,er 17. will be pert"; mcd the Comedy of
TAN WILL.
▪ S.lltnnort Cynic, Mr. Dowlon ; Monarvllle. Mr. Cooper; Howard,
Walhookii WOW. Mr. Browne ; Realize. Mr. W. Ilenuctt. Albino
Mandeville, MIA f.. Tree Cicely Cupoley, aka I. Paton.
♦fier which the new M•t+icnl Unmoor* of
THE WHITK I.AOY ; or. THE sniqur OI•' AVFNEL.
Tito principal Character. I.y Mee•r.. !torn. Archer. Young?. Harley. 0.
▪ aila J. It ; 311.14e11Graddon, L Paton, A. Tres, and Medi.

COVENT-GARDEN TiIEATRE.
12. Y " • drillyt. %v. °Huber I% will be performed the Comedy of
• THE SCHOOL FOR SCA NNW..
SI, Prter Teazle. Mr.W. FArren • Slr Oliver Slalom Mr. Fawcett Slr
Innispaiit Sarnlte, Mr. Jones; Joseph Surface, Mr. AVarde ; Charles
Istri.ve. Mr. C. Ke.oble i Crabrree. Mr. Elan...hard. Lady Teutle, Miss
4.4 e t Mrs. Candour, Mrs. Gibbs.
After which the Melo- Drama of
THE MAtirlE. Oil THE MAID
Annette. Mrs. Cbatterley.

TO.NICISROW ALL LOTTERIES END IN TIM
KIN(./03I.—SIX .L'311,1100. ke.-4180,0110. IN DAY.

Toe HIBITISU PltEll.4 commenced oubliahing yesterday
morning at five o'clock.

. .
LONDON, TUESDAY, Oci ort.rt 17, 1826%

The war between Russia and Persia presents, in every
point of view, the most important 01...ect of attention for
this country. It will be remembered that we were at first
60 sceptical concerning the designs of Persia, that we
sought to account fur the marching of the troops by sup-
posing some hostile demonstration against Turkey. But
the citing is now put beyond qutstion ; the Manifesto of
Russia, and the details of the warfare, show that Persia
has had the madness to attack Russia. It is vain to at-
tempt to ilkgnisa the question concerning this war. The
it! wrest of Persia is scaruly more cempromised by it than
that of England; end seult.:l it must be without further
e:•canchrocnt cn tit^ part of Russia, or England must at
least obtain some advent P:4O (111%1VRICTit to that of Russia,
and sufficient to render her successive acquirements of no
itnportanee as points of attack on our Indian pof:sessions.
The spirit of carp:est has keened the w!mle nation of
Russia ; and, disguise it as we may, son-it:thing must be
tit•!.• in the only practical e way to check her career.

The Poile of Sunday, and the French ropers of Satyr.
day, contain no intelligence of consequence. That re-.
sp. cting the operations on the Rossian and Persian fron-
tiers is not co late as the accounts by the Ramburgb Mail.

FRTSCII Fens.—PAßl3. OCT. 11.—Rentes, h per Cant, of
Sept. 22, 91f. 65, 70, 6}; ditto, 3 per Cent., of June 22.
eit.. 35. 1,0.; Routes de Naples, Cartif. F.alconnet. 73f. 63e.;
hada d'Espaine, Catlf. Franatii, 9,314; FAT. Royal d'Es-
/),;:tut„ 132 f., 464.

'filer, is nothing more to be deprecated, in any country,
titan the exertion of ecclesiastical influence for political
/nrolee. The duties of the clergy arc of a more elevated
nature; they are supposed to stand aloof from the world,
and never to mingle with its business or its vanities. Their
business is to enforce our moral duties by the sanctions of
religion, but not to step from their high station to take the
arms from the soldier, though he wield them, in their
• judgment, wrongfully—or to disport the statesman, how-
eeer much they msy disapprove his measures. If they are
capable of such offices as these, they are unqualified for
tint which they have chosen ; and, if theambition of filling
such situations were once to pervade their minds, the worst
.of confusion would be the result. All attempts at produce
ire political effects in the pulpit—all allusions to disputed
eestions in Government matters—are so many attempts to
/oh the proper sphere of the interpreters of Reveletion—so
teeny ambitious encroachnients on depaittoents which they
t.reld not to understand. IVe speak not of the higher
dignitaties of the Church of England, who are called upon
to sit in Parliament: it is their duty td think on political
subjects; but we presume that our ancratoes did not place
them thereto enter into all the petty feelings of the day,
tut for the purpose of watching over those particular
ocostiona which might involve the concerns of religion.
Even from them nets would not willingly tolerate politics
r. the pulpit ; but when a dissenting sectarian utters cries
Lfeedition in what he terms the Chair of Truth—when the
l'siir.ister of the Gospel makes that Gospel a tool for pro-
ceeing political influence and serving his ambition—we
eey lie ought to be restrained, if it be possible us restrain
1.,m. There is nothing but a consideration of justice I
which ought to Slimier we tram depriving. -thew'-wfsite4
f: uits of their detestable conduct: but, *inform nately, in
tl:e case of the Roman Catholic priests in Ireland, to which
we have been alluding, we fear that justice will hardly
Lest us out in setting aside the Elections which have been
decided by their influence. The greatest inenvation ever
attempted in our Constitution must be carrion into effect
Lefore these Elections can be invalidated ; fee Ito one can
alvocate the setting aside Members elected in cenei grence
oil the influence of superstition, without ure'ng r. alone
sslich bear squally agair.st every miter species of influence,
:red which are, in fact, little better than Radicalism.
l'hough we might charge the freeholders with it.gratittule,
aid the priests with meddling—though we detested their re-
I ,gion as we would tle, gates of hell—though we feared them
as much as we abhor s:ene of the doctrines esti ibed to them
—unless we adopt the principle which they are said to
I are adopted, we cannot do evil that good may come of it;
we cannot do injustice, were it even to serve the cause of
religion. But there is nothing for religion to fear from
tie new hush Members. The late violent ebullition of
priestly zeal will soon subside, if left to itself. Bet a new
set of Elections in Ireland might raise a second rebellion;
for it could not be difficult for those who are said to have
brought the peasantry to vote against their landlords. in
tl.e face of starvation, to lead them to face death in an
ee;ier aid more acceptable shape on a field of battle.

Religious enthusiasm is only to be quieted by-disregarding
it ; and we are not yet such bigots as to believe that there
cannot be an honest Catholic.

It is asccrtcd by some of the ship-owners that the foreign
vessels which have recently arrived in our ports, so far from
carrying out a greater quantity of our manufactures than
is usually exported in return for foreign productions, have
not (to use the expression of the Hull petitioners) taken a
single ounce of British manufactures in return for their
cargoes. The freights, it is added, arc almost invariably
paid in hard cash. Now this assertion confutes itself, for,
-if there were a continual exportation of gold in this way,
it is obvious that the course of exchange would speedily
fall below par, whereas it has continued for several years
considerably above it. IVltile this is the case it must be
contrary to the interests of :he foreign ship-owner to carry
back English gold in exchange for his merchandise; but, I
even if he found it necessary to take gold at a loss, it is
clear that the continued exportation of our coins, if it had
been carried to the supposed extent, would long ago have
brought down the course of exchange. Contrary to the
common opinion concerning the superior cheapness of
foreign vessels, it is a fact that for several months back !
British chips have been freighted—for the Baltic, in parti- I
culsr—on terms considerably lower than those which are de-
mantled by foreign vessels; and though this may be said to
prove the distress of the Shipping interest, as showing that
they are obliged to trade on lower profits, we do not think
that circumstance is likely in the end to be detrimental
either to them or to the public. Abundance of capital is
advantageous in two ways: in the first place, by
enabling merchants to make advantageous purchases;
and, in the second place, by enabling them to sell on
less profits. If we estimate the quantity of capital
in different countries as compared with this, it will
be found that our merchants can advantageously trade on a
less profit than foreigners, in the same way as the wholesale
dealer is content with much lower profits than the retailer.
Money, which does not exceed four per cent. interest in
this country, can hardly be reckoned under six in the coun-
tries of whose rivalry our ship-owners are apprehensive;
so that an English ship-builder might procure a loan of
I Sol. for the same annual charge as a foreigner could pro-
! cure 100/. It is clear, therefore, that the foreign ship-
builder, whether the expenses of building be defrayed
front his own funds or from loans, must require just half
as much more profit on the same capital than the English-
man; and this will hold good not only in the original cost
of ship-building, hut in the whole charge of navigating
I our vessels. This is an important point, to which we may
probsb!y return. Another very unjust accusation against
the advocates of the free trade system is founded upon the
I fact of an increased number of foreign arrivals with corn.
No one who has considered our old navigation laws in the
I most cursory instiller could possibly ascribe these arrivals
to the partial repeal of those laws, since every one of these
vessels in all probability might have broevelit corn, though
t every one of these laws had remained in force. The ves-
ads were laden with the produce of the country to which
they belonged, and our nevigition laws never prohibited
such vessels front entering our leathours.

Cl f 1", MONDAY EVENING.

There bas been very little doing to-day in the British
Funds ; they, however, support the quotations of Satur-
day,within an eiglith,Consols, which opmed at sq, having
closed at ROD for money, and for the Account at 804.
Exchequer Bills and Indian Bonds are firm, the former at
19, 19 ;.and the latter at 31, 33.
Accounts have been received of an action basing taken
place between the Russians and Persians, at Elisabethpol,
in which the latter were completely routed.
In the Foreign Market Mexican Bonds beai nearly the
same quotation as on Saturday, being 651 to 6G, while
Colombian, till within a very short time of the close of the
Market, varied from to to 41 ; at this period, however,
100,000 were thrown in, with a new assurance that a
passenger in the hussar had arrived in town, who asserted
that there were not any dollars ready for shipment on ac-
count of the Colombian Government. This was evidently
a mere report, to aid speculation, and, as is always the
case, that which ought to affect the Market does not, while
any idle circumstance, however trivial, produces the most
extraordinary results, which is fully exemplified to-day.
The reported surrender of PA LE, and the prospect of a
settled form of Government without bloodshed, was un-
heeded ; but that of the dollars not being ready for la:sr,' c-
tion by the Hussar voyage or was considered indeed ca-
lamitous, and had the eiKet of sending the Bonds in ques-
tion down to 37i, 3R. Chilian are stationary at 10, and
Greek are a shade better at 113. The favourable influence
that Mr. CA NNI NG it supposed to be exciting in favour of
the Greeks in the French espiNil was assigned as the
cause. Spanish arc nailed to the wall at 104.

In Shares there is no alteration since Saturday.

'lite business on the Corn lit:change has been that of a
fair average market. Oats ere from 6d. to 9d. dearer, the
foreign supply having hen lees this week than lately.
Barley and Malt are also about Is. higher ; fine Wheat
titels a ready market at last week's prices; and other grain
admits generally of the SMIIC observation.
It is somewhat strange to see the misrepresentations
which have been triode on the circumstances arising out of' M.
111. NT A ro's order for effecting the insurance on the specie,
and that in a Journal whose means of information are sup-
posed to be of the highest character. In the first place, it
was salt! that the insurance was opened on the Tuesday,
when such was not the fact ; it did not take place till the
IVetincolay : and to-day it has gravely assured the public
thot-orr &overdo/ the-policy of insarancewssulfrred to the
Allianee Company. but that an objection was made by
them to taking it, and that, therefore, the proceeding with
it was stoned. Now, this is wholly a misrepresentation.
The policy was not tendered to the Alliance on 8 motley,
and, therefore, they could not refuse it.. The question
was, indeed, pot, as .to haw much they would take, and
upon what teems? and the answer, so far from being
a refusal, was in the affirmative, that they would take
30,000/.; to-day they have taken it, and the policy
is lances:ding to completion. 'Fite pt.:4k are t hen told
that there is to be a new Mexican Loan; and it mar
be asked, with much humility, what is the object of
this announcement? Well-informed persens 'in the City,
though, perhaps, not the best, arc wholly unapprized of
such a ciremnsmcce being in contemplation ; but it would
seem that when it is no longer passible to question the
payment of .7 evident's, in consequence of the rank anti
character of the poisons in posser,ion of the Agency,
then the public arc to be intimidated by :he threat hell
out of a Near Loan : and all ibis; is done to put the public
on flair guard ! If the pullic is to depend on such a source
for the light t,) guide it, it. at least should he the light of
'tenth, anal not such mistatemerrts as those which have
lately appeared. It would be highly improper to impute
an unworthy mo:ke to any one in the absence of proof:
but prsoirt should i,r aware that, in guarding the unwary
to avast h.-ylls, th v do not wreck them on Charybdis.
Um! r the strong tt.,citemetit that has existed, and from
the harsh manner it. which the conduct of M. lit itratm
has been commented upon, it certainly is necessary that,
when parties are canvassing the veracity of one man, they
. should at least be secure as to,tbeir own.