The British Press; or, Morning Literary Advertiser.
London, England, 1825-07-12 00:00:00

THE GREEKS.

The following are extracts of kuers, received by an emi-
nent house in the City :
Jrl,lZ 13.

have only • moment to say, that a courier arrived last last night
from Napoli, bearer of a proclamation from the fireek tiovernment.
announcing the destruction of a great part, and the dispersion of
the remainder, of the Constantinople fleet betwixt St. Andro and
spa I/oro. I have no doubt there will be oilier letters with all
Iscparticulars ; but the letters have not yet undergone the process
or fumigation, and will not be in time for thit opportunity. I have
serf the proclamation, but have not time to get a copy of if.
JI:VE

We have two &Rifals from the Levant to-thy, ar.d there arc
dree Greek cruisers oft the port on their way to Missolonghi, which
confirm the victory gained over the Turkish fleet, but none of them
give the particulars of the actual loss, although all represent it as
very eisastrous to the Turks. has also just arrived from
Napoli, but I have not been able to speak to him, except at a very
great distance, and our rigorous quarantine regulations will not
aflmitof my seeing him more until it will be too late for this oppor-
tunity. lie has, however, charged me to say that every thing is
going on yen pr,seperously. and that Colocotroni is at the head, the
world say. of 30,000 men, but he is conliiient there cannot be less
than 20,000. I have just received a letter from a very intelligent
Englishman, who was with Admiral Miaulis in pursuit of the
Ecypiian fleet ; he speaks with great confidence that they will be
able to do them some very effectual injury with their tire-ships, if
(ley only get into port. They were then, lit June. off Condia;
but contrary winds had hither:o prevented them doing any thing.

TO THE DIRECTORS uF THE EQUITABLE
LOAN BANK C03fP..4 NY.
The Directors of this Company ought justly and pub-
hely to declare whetlit•r they are exerting themselves or
not, in astablidiing the said Loan Bank, or whether they I
have Le m terrified into silence, with regard to this establish.-
wt such extensive and decided utility for the corn-
munity at large.
It is at once astonishing and painful to perceive a certain
Noble Lord, who in other respects is, however, always at-
tached
to the cause of public good, to be so decidedly
against that establishment, which indisputably possesses in
many respects considerable advantages over so many other
Companies. It cannot be denied that this Company has
been established by men of the very first respectability,
that the object of its promoters has been to benefit the
public by a fair opposition to the body of pawnbrokers,
and that this very opposition is the best if not the only
means to relieve the poorer and labouring classes in parti-
cular from very great evils, which but too unfortunately
press the heaviest on those who are already distressed.
We might ask the opponents to this establishment why
it should be less-than other extensive Companies established on a
lawful and solid basis ? The only reply to this plain question may
be easily anticipated. It will consist in the long worn-our excLama-
don of the pawnbrokers, " Illegal, illegal ;" but on what grounds
it is deemed illegal by that body, is a question which they have as
yet not dared to meet, but by long and tedious sophistical reason.
bp, which bear neither the stamp of truth, impartiality, nor sound
thinking. But whatever may he said, facts speak for themselves,
and the strongest fact against the pawnbrokers is. the immoderate in.
tercet which some of that body exact from those whom they are in.
tended to assist. This and other important facts stare them in the
face, sad ought io be,exposed in prutions addrested to the proper
quarter. This might perhaps tend more than any thing else to ex-
terminate this many-headed Cerberus.
al certain Noble bard has adeaticed, as an argument against the
Company, that any young man, who applies himself to the obtaining
credit, for the sole purpose of making into money the property obtain.
wi, will meet with many facilities; but this argument may be eerily
refuted by the supposed fact. that according to the present system not
only every facility is granted to such a man, but should he feel in.
timed to release the property once pledged, he will be prevented by
the enormous interest charged at present, and which swallows up
half the value ot the property itself.
In this respect the Equitable Loan Bank is the very reverse, not
only in consequence of the respectability of the Directors being a
aafegusel against any extortion or improper roaduct, but because
they nerd not feed and subsist on the produce of speculations, much
less on interest. as is the case with individual pawnbrokers, and
therefore should any act of injustice eventually happen, it must be
dicavered immediately, and would be checked as soon as disco-
vered, nor would this company want ready support, as well as busi.
news, from Imam industry and want. If the Directors. who are all
men enjoying the highest respectability, make themselves liable
and responsible for their agents (which is a matter of course', no-
thing can be advanced against the Company on the scope of its extent,
nay, even if It were composed of 100.1100 members. This, di-refine,
is but a mean argument, if any argument at all, on the part of the
opponents of the measure. 17t us look at other catenate, Cora-
p.m:es that have been eatablehed, and are thriving for many years,
and we inertly ask, dote no order or regularity prevail in them ?
It would be herd. indeed, if a Company were to he decimal illegal
on the ground of to pencuring employment to hundreds of indivi-
duals, the objection whereof, is having too many ramifications, and
us employinx too many dependants, falls of itself to the ground.
ace ire of opin,m, therefore, that the object of the Equitable
Loan Bank has been misunderstood, and the Directors ought, in
case it should yet be deemed requisite, to lay personally a clear anal
c rcturestiaitial statement of the object of the Institation before the
ord Chancellor, end we feel convinced that his Lordship would
n. t be the last man to declare himself favourably toward* the Com-
; and we hope that the Directors of the Equitable Ingo Bank
%sc.' not any longer remain quiet, but take up the bueinesa seri•
t0..1y, and in their own hands, end it will soon be crowned with the
tawniest success.
1 ne tninpiny may rely on the universal support and eo-opera-
Mon Mall classes of society, from the richest to the 1100/1.0 ; the
tom,. will have an opportunity of safely investing his capital, at •
good interest, and the latter wall be furnished with the means of
obtaining aid, and anpplying his momentary want at an equitable
rit.r ot interest, and in a proper honest manner ; and it will create
nniversal satisfaction, as soon as the Company of the Equitable
L Bank shall give public notice that in one way or another they
have commenced their operations

DENEVOLENTIA.

There is a probability that, says the Caledonian Mercury,
his Royal Ilighress the Duke of Sussex will visit Smith ii
this summer; •but it is thought that be will conic in rather
A private manner.

The Duc de Ranzan is appointed Ambassador for France
to the Court of Lisbon.

Yesterday aft: -noon Sir Robert Preston gave his annual
sch to-twit dinner at Greenwich, to the Cabinet Ministers
and other official gentlemen.
The Lords of the Treasury have repealed the Boderage
aid Prisage Duties on wines landed at Plymouth.
Mr. Draft!), the King's Messenger, arrived at the
Colonial (Kee, Downing-street, from Ancona, on Sunday,
bringing despatches from the Lord High Commission:r of
the lonian hands.