The British Press; or, Morning Literary Advertiser.
London, England, 1825-02-16 00:00:00

• e Mott L 313 rtOfs. a'
The ISmirtsit rnass commenced publieltionyeaterdayn,ernOkie sot
at a quarter past seven o'clock. :se
•
LONDON, IVEDNESDAY, Fsanusay 16, MS.
The Paris Papers of Sunday, from which we have nes •
room for extracts, contain nothing of interest. The Austria's
Otserver acknowledges that the internal dissensions cf the
Greeks have completely terminated.
•
The debate respecting the Catholic Association, con.
eluded this morning at four o'clock. On the ditision the
numbers were—For the suppression of the Association,
278—Against it, 123—Wority, 135.

It is one of the important consequences arising out of
practical experience and the progress of knowledge, that
an almost complete revolution has been effected in mattes
relatirg to the science of finance—the knowledge of politi-
cal economy—and the true principles of trade and com-
merce. ENGLAND has the great merit of originating these
enlightened doctrines on these subjects, which are slowly
making their,way throughcfut all the States of Europe. The
whole commonwealth of Christen& to partakes, in this way,
of the incalculable benefits arising from that freedom of
discussion and inquiry in this country which, through the
medium of the public press, circulates the result of its re-
searches through the whole realms of civilization. The
Emperor ALEXANDER, though his Ministers do not deserve
to take rank among great statesmen, would nevertheless :Z
not think of bas big personal taxes on Jews, heretics,
bachelors, awl boards, as Was done under his ancestor,
PETER THE !'test. Many projects which were gravely
brought forward by the different Governments of Europe
fifty years ago, would revise no legislative countenance
were they to be now proposed for the first time. The pro-
gress of science is imperceptibly laying anew, as it were,
the foundation of [wittiest society. Greatly to the credit
of Ministers, E:tland is taking the lead in this respect.
Theories that experience has proved to be built on an
unsound basis, no iongcr, as formerly, find a host of advo-

cates in Parliament. Merchants begin themselves to un-
derstand in what national wealth actually consists. This
was well shown the other day, by the manner in which
the enlightened sentiments of Mr. Ca xicixc were received
at the Ship-owners' dinner. He boldly broached the
doctrine tl.. nations ought not to fear each other's
prosperity—that all branches of industry may everywhere
flourish together—that it is only the increasing wealth of
any nation that can entWe it to purchase the agricultural
and manufactured prcduee of other nations—and that the

superior skill and Capital of Great Britain is best kept in
activity when her neighbours have, like herself, a fair
field for the one, and full employment for the other.
The ready acquiescence of our commercial men in these
broad views of the subject, shows that all the little preju- •
dices of the old school are fast fading away.
it is on the above account that we deprecate the inter-
ference of the Latin CHANCELLOR and his projected
Bill regarding JOINT-STOCK cost PA NIES. No man living
is better acquainted than his Lordship with the machinery

of law, as applied to real property, but with the laws that
put in motion the machinery of monied capital, we believe
him to be "innocent of the knowledge;" and lie will
inevitably do much harm if lie attempts to exercise any

effectual control over its agency. The element of all
monied capital is the open air—its "service is perfect

freedom" No Equity Lawyer—though warm from the
Woohiack—should attempt to meddle with it: the spring,

which regulate it are too fine for the fingers of the law to

feel. Political economy and the economy of Lord ELDON •
may agree in name, but in their theory no two things can
be more unlike ; they are as different as the pole of the
heavens from the pole of a coach. This will he seen when
his Lordship's Bill comes to be canvassed in the House of

Commons. If we truly prophesy its fate, its appearance
need excite no alarm in the money market.

In consequence of its being settling-day in the foreign
market on Monday, there was but little business doing
yesterday. Speculators had scarcely commenced their new
bargains. The little, however, that was done, was at rather
improving prices. New Greek was at I'l, and once, for a
short time, it was quoted at 2 : it looked extremely well all
day. Spanish fluctuated a good deal between 231 and 24a.
The cause of this might be from a report being in circula-
tion, and pretty generally believed, that a loan is about to
he negotiated in London for the Spanish Government. The
lold Greek was very firm at 58! to 59. New Brazilian
was done at 4}, and a good deal sought after at that price,
for the impression in the Market was, that its present
trifling decline was only temporary. The New Mexican
was at 31 to In the English Market there was net much
business doing: Consols for Money were at 94, 9.3 i, and
94. For the Account, the prices fluctuated between 93f
and 94. The Mines were all on the advance.
Letters received at Liverpool, from St. Domingo, dated
the 31st December last, do not mention anything respect-
ing a French force being off that Island.
Extract of a letter dated Lima, 4th October, 1824, re-
ceived by a gentleman at Liverpool :—" Six officers, and
the same number of men, belonging to the Patriot army,
arrived at Lima, and distributed some papers from the
Liberator. Nothing had transpired as to their intention
on entering the city. The greater part of the inhabitants
are in favour of the Patriots, and were expecting them
every day; but nothing would be done until the arrival 'of
Admiral Guise, who was looked for every hour."
The following is an extract of a letter from Truxillo,
dated September 25 The inclosed copy of a letter re-
ceived this morning from Guayaquil, will show you how
much Colombia is doing for us. General Paez, with 5 000
men, on the coast of l'eru, within two months from this
date, places the independence of Peru beyond the reach of
chance :—` The affairs of the country, whilst any oppo-
sition by Old Spain continues to be made, never can have
a snore decided character in favour of ultimate and imme-
diate independence, though at present the credit of the
country, too, cannot but be influenced by the rigid system
of economy acted upon by General Bolivar. The province
of Truxillo alone has been equal to all the current expeeses
of the State during the last eight months.'"
A Charleston paper of the 15th of January, contain* the
following letter from New Orleans, dated Dec. 30:—
" At the mormmt we were About putting our paper to press. re
learnt. that a letter has been received from the Hartnnalt, statine,
that a Colombian squadron, of twelve sail. tinder the command eC
Commodore Beinche, had arrived lately before that port, and esta-
blished their cruising ground. The letter adds, Ow a :lumber of
Spanish vessels are equipping for the purpose of giving battle to
the Colombian Heet. e tusy expect so learn the evrnt of
W tlus
contest by the first arrival. e hope the result will be in faro&
of the arms of liberty."
CATHOLIC 1)1:C1.AT/7:I.—The Deputation appointed by
the Committee of the Apociation waited on Dr. Murray,
this day at one o'clock. to solicit the sanction of his presence
and that of the Archbishops, and a select number of the
Bishops, to accompany the Deputation to England. Three
of the Archbishops were present at Dr. Murray's, among
whom was Dr. Curtis, the Roman Catholic Primate, and
they unanimously identified themselves with the proceed-
ings of the Association, and Ps•to the request of the De-
putation they desired to be left to the exercise of their own
dmscretuon. Dublin E Vft? 4r Ala of Seierdae.
Yesterday a Court of Directors was held at the East
India House, when Lieutenant-General Lord Combermers,
G.C.R. was appointed Commander-in-Chief of the Com-
pany's Forces in India, and Second Member of Council its
Bengal.•

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