The British Press; or, Morning Literary Advertiser.
London, England, 1826-02-21 00:00:00

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baptized with great pomp and no leis than a dozen names.
The Brazilians, it seems, claim a victory over the people of
the Band Oriental, subsequently to the battle iu which the
In►urgents were apparently so decidedly successful. A
private knee, dated Rio, ?Sod December, says—" The war
with the Buenos Ayrtau Goverment has every appearance
of a duration."

The following are extracts from the Papers o—
ftto as JAN Ll4O. MC. 10.

Tlerevesony of the bapticm of the infant Prince nal performed
yid' great re-op. li.. Imprriel Wither's it-trivet' the name of
1)eo Pedro de Alcartera JOAO Ireepn!do Nalsador
Iti-
kiroo I'm/terra) Lnlet de Paula Lonxadto )liguel titanic' Ra-
baul timings.

Drouinra IG.

The Maio of this Ms cartels, the decree of the Eirip.ror, de.
{faring war against ne Oolett,enent of ti:e provinces of Ilia de Is
I%as', dated Dee. le.

',ter unsafe.
The Marie contains the declaration of the blockade of the ports
•` the United Provinces of Rio de !a Plata. _ _

Presumes N.

The Mario contains an extremely long history of the prnceedinp
wf tiro Court of Derail with respect to the roiled Provinces of Rto
de la Plata. and of the reasons which obliged it to declare war
against that kwernment. It is dated Dee. 10.
The same paper contains a non-official article, which says.
Letters bare been received here from Itio Grande, written by re-
-I:mtuble inning, which, referring to stemma from Jagoeirao, of
Pith Novsmber, say that the brave Lieut•.Cnlonel Bents thmesl.
vs. haring imembled in the Pero de l'abeelo his forces, amount-
to WO men, attacked Eructuoso Ribero in his tamp. where he hid
LOIN men, and after an obstinate en4sgentent Ribero was do-
f ea, ed. with the loss of fiell prisrnurs. 317 killed, and ten
at!tcsa of cannot) taken ; our loss aas 117 of our bran solaces.

The proceedings in Parliament last night will be read
with great interest, for both Houses were occupied with
the discussion of the subject that almost exclusively occu-
pies public attention. In the lords, the Bank Charter
BJI went into a Committee, and, after a good deal of de-
sultory conversation, was ordered to be recommitted on
Friday next. When their Lordships were in the Com-
mittee on the Bill, a doubt arose whether the Rank could
delegate sufficient power to the Branch Banks to enable
them to conduct their business; and to obviate any difficulty
that might arise from that circumstance, Lord laysaroot.
moved a clause giving to the Bank the requisite authority.
A very animated discussion arose in the Committee on the
Promissory Note Bill, in the House of Commons, in con-
sequence of an amendment moved by the Ca aNe et.t.oa of
the Bic it tot: en to extend the time for the commencement
of the operation of the Act as to the issues df the Bank
until 7th October. The Right Hon. Gentleman stated,
that his reason for proposing this amendment was to pre-
vent any vacuum occurring in the circulation of the country
by the sudden contraction of the issues of provincial bankers.
This alteration in the bill would completely obviate any
i.;convenience that might arise front that circumstance.
Mr. ADERCILOMNY, with great warmth, combated this new
proposition of the CHANCELLOR of the EACHEQUAII, mad
declared it an abandonment of the principle of his Bill.
Mr. CANNING, however, satisfactorily answered the Ho-
rottrable Member, by stating the facts that had come to
Thee knowledge of 'Ministers upon this point, and declared
that the accounts they had received from the country
within the last three days fully justified the predictions
expressed by Mr. BALING on a former evening; and it,
was on that ground alone that his Right Honourable Col-'
league had been induced to a certain extent to alter his
original plan. Mr. CANNING further stated that he was
ignorant, even so recently as December last, that the Bank
had the power of issuing small notes, and the fact of the
Directors refraining from the circulation of them, was the
best proof that could be adduced of the liberality of that
'orporation in not availing itself of so profitable a privi-
lege. After a lengthened debate, the Committee divided
upon Mr. ROBINSON'S Amendment, wh:elt was carried by
a Majority of 163.

It is now somewhat more than twenty years since Lord
LAUDERDALE put the world in possession of a heavy
octavo, &voted to " An Inquiry into the Nature and
Origin of Public Wealth, and into the means and causes
of its increase." In common with most other publications
of the same class of writers, it contributed nothing, we
believe, to make the mercantile world one jot wiser or
wealthier than it was before. The sphere of his inquiry
was very extensive, but the result unfortunately was very
barren. The new. reformers of our political creed are not
only for the most part at variance with each other, but with
t' enwelves. The common sense, for example, of our old-
ta.liioned forefathers had taught us to consider that tl►e
aggregate of individual riches constituted the wealth of the
nation ; but this Scotch Peer revetses, without ceremony,
this and many other opinions of " anti Zang sync;" and
I,e sums up a long train of crude and illogical reasoning

From these considerations it seems evident, not only that the
soots total of individual riches cant.ot be considered as an accurate
description or definition of the wraith of a ca‘ion ; but that, on the
on:Pary, it may be generally affirmed, that an iacrcase of riches,
whet arising from alterations in the quantity of commodities. is al..
wsys a proof of an immediate ,Enitoatient of wealth ; and a dinsiou-
t;.n of riches is evidence of an immediate increase of wealth : and
tr••s proposition will be found inratiably Oat, with the exception of
a sMgle case, witch will be afterwards explained. Thus, it becomes
necessary to adopt a definition of public wealth, which conveys a
different idea of it from that which has been generally received ; and
it is therefore submitted, that wealth may be accurately defined,—.
cr consist of all that man desires, as useful or delightful to him."

If the resider can understand this, we envy him his
Fewer of comprehension. Its depth is much beyond the
1:•:e of our understanding to fathom. As far as this new
theory is intelligible, we should be inclined to dispute it,
but his Lordship saves us the trouble by becoming his own
adversary ; and it must be admitted that he, refutes him-
i.elf very successfully
" An ine-esse," says I s, " of the fortune of say member of Me
sufiershif not at the expense of any individual belonging to the
same community, is uniformly deemed as listoileiatotion of motional
treat!!; and a diminution of any man's rriprrty, if not producing
an increase of the riches of some of his fellow subjects, has been
considered as of necessity occasioning a concomitant diminution if
roantal roeulet.r—Page 7.

And Itst this contradiction should not be sufficiently ex-
plicit, wc are told a little further on that—

" So much, Indeed, is public wealth universally deemed the same
th:ag with the mass of private ►iches, that there appears no means

MONDAY, Ft/.2..

f Grain since this day week. Fh
cd teniat as ias-t Monlay but 0.t,1
lyith malting and kititabuf, T-A
14. per tp.artiir cheaper. The (Al
easy price. as last weak. ln licao
bath aiticlet very heat y of.ll
Malt. pft.e
Ito. brown

Ital'e•ee(t per lad) 2LI: L, :
Ta.e4 k per bu.hei ba S. Cl
blown
(I.e: buih..t; st
Do. Waite NI IJ el
Clorer-ced, red :per

cwt.) - 504 70:4 11.1
Du. white -
Trefoil :14 :S4 rt
Carrawayseed Z.I/4 r.
Corhuidcr • Its 1.6 c 1

- !1.,