The British Press; or, Morning Literary Advertiser.
London, England, 1820-12-18 00:00:00

dom. wlich will put ispouds of $OO,OOO tlteit to
resist the progress of the roomy. The British
eqcoctron, which has so aoysteriowaly essombled io
the Bay of Naples, continues with no Lew !artery
to iiscitatse iu stre.istb. The Government of Naples
1116.611, is presume, be aware of its object, and
eatislied that it is wet hostile to the interests of the
country, although the public strive in vain to dis-
, cover it.

The French Five per Cents. closed on Wednes-
day at 78 f. AS c. ; Bank Stock at 1.420 1.

Hansbargh, Spanish, and Flanders mails have
arrived with- Papers to the 16th instant. The spe-
culations which they contain respecting Naples con-
tinue to beof a pacific character.

A copy of the PIESI DENT'S Message to the Con-
gress of the United States of America will fir
found in another trait of our Paper. It offers, as
vstial, s clear historical exposition of the condition
of the Union, and of its relations, domestic nod
foreign, during the lain year ; and, in the cstifi•
deuce of a Government acting without maerve for
the interests of ■ free and enlightened people, it
neither fears nor disdains to explain the motives
and principles that have actuated the Cabinet in
the different measures of its policy. The vast im-
portance of such a document, and the interest
which it mutt command, with this nation in par-
ticular, render any analysis of its contents unneces-
sary upon our parts; its great length is but an addi-
tional demand upon the attention of the public.

Mr. Moenos, undertaking to furnish to his
fellow-citizens •• a just view of public affairs,"
while he s' sees cause to rejoice in the felicity" of his
country, is yet superior to the cant of vulgar
statesmen, who never acknowledge any thing bor-
dering upon public distress. The Message admits
that all parts of the Union hive not been equally
prosperous, that the States have experienced
their share of the calamities which had befallen
the greater portion of Europe ; but. the financial
condition of the Union proves the wisdom,
energy, and economy of the Government. The
moderate revenues of the State exceed the still
more moderate expenditure, and the public
debt, which in 1815 was estirnsted'at 119,635,558
dollars, amounted on the 30th of September, 1810,
to only 91,993,883 dollars. Within the same
period the Government had to contend with the
,consequences of commercial distress, of failures
iAre agricultural and manufacturing speculations;
it had also to erect expensive fortifications,
to support new military establishments, to form
mieat,depota, and to build ships of war. Within
the sate space too, a large proportion of the
testa was removed from the shoulders of the
people. A government acting on such prin-
ciples cannot fail of enjoying the confidence of
the people, and it is hence observable that during 1
the recent pressure of distress which we have rea-
son to know was felt more severely iu many parts
of the Union than even in the manufacturing dis-
tricts of Great Britain, there never appeared at any
time symptoms of a disposition on the part of the
people hostile to the stability of the Government.
We are happy to find that the amicable relations
of the Union with this country are not likely to be
disturbed by the commercial dispositions of the two
Governments, or by any difficulties that bad oc-
curred in the settlement of boundaries. The
former are regarded in the light of an experiment in
mercantile policy, in which we are inclined to be-
lieve the Americans will eventually suffer the most,
and the latter are referred to the utupirage of the
Emperor of RUSSIA. The Message throws no new
light upon the quarrel between Spain and her Coln-
Mee, nor how far the delay in the arrangement of
the Florida Treaty may be likely to influence the
future policy of the Union. A hope is, indeed,
I expressed, that the differences between Spain and
Ithe United States, on the subject of the Floridas,
will at length be amicably adjusted.

It was reported yesterday in the west end of the
town that Mr. CANNING is to succeed Lord STEW.
ART as Ambassador from Englund to the Court of
Vienna. It appears, therefore, that no credit is
given to the Treasury Journals, which have con-
tradicted the account of a diplomatic fracas between
his Lordship and the Austrian Minister, Count MET-
TERNICH ; on the contrary, there are new reports
in circulation, tending to corroborate the original
story. It is raid, that in Ibis Lordship's intercourse
with Count MErrEittr ten, the former has, on some
occasions, conducted himself in a manner not strictly
conformable with diplomatic etiquette. There is also
a report that his Lordship had a quarrel with the
driver of a cart in the streets of Vienna, in which
the latter gave his Lordship very rough usage,
and that his application for redress was not com-
plied with, his Lordship having been the aggressor.
For the truth of these rumours we do not vouch.
If founded in fact, they would show that the seeds
of • misunderstanding have been sown for some
time.

The situation of Buenos Ayres, up to the Ist of
September, is described in a private letter from that
place, from which the following is an extrect:—

_
" Buenos Ayr**, September 1, IS4O.
a The Owen Glendower, Captain the Hon. R. C. Spencer,