The National Register.
London, England, 1821-12-24 00:00:00

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THE NATIONAL E

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same-grOuna: Ail the army is in a state
ration, and ready to much it twenty-four
notice.
VIENNA, Dec. 'T.—The accounts which we now
receive from the frontiers of Turkey, are warlikip;-
We are assured that the Ottoman triibps have Com-
menced hostilities.
At:-LA.CHAPELLE, DEC. 13.—We are assured
that the Cabinet of Berlin has twitted front the
Russian CAts*rnment an important rommfinieation
relative to the affairs of Turkey. At the depiTNre
of the last courier nothing was spoken of but war in
the Russian capital.
Dic. 21.LMr. Lambton and Sir R.
Wilson are here. They crossed the Channel in an
open boat in a tremendous sea. The object in preiiP
sing their dep rture from Dover was to forward
.answers to letters from Paris, which were of pecu-
' liar importance. They wait here the arrival of
their travelling chariots, and will then proceed to
Ivaris. The storm is now raging—it exceeds in its
fury any previous recollection of the oldest inhabi-
tant. Two vessels have becu within the last hour
driven on shore on the sands Great apprehensions
are entertained of their being able to survive the
Iturriiane.
Dvc. 22.—The Trafalgar English packet and
the French packet Desiree, sailed this morning
Whey were were scarcely an .hour from the port, when
they encountered a storm of thunder, lightning,
and bail. The rumour is general here, that a war
between the Russians and Turks is certain. Spain
is in commotion in almost every province ; and Italy,
at least the Subalpine Provinces, have manifested a
`determination to renew their efforts for Independ-
ence.
Dovs:n, Dec. 22.—The Trafalgar and Desiree
French packet made these roads this evening, but
were obliged to bear off for Itatms,;ate. Lord Bing-
ham and three other gentlemen have just landed in
a pilot boat. The gale increased towards sunset.,,a
The following Notice appeared on Satuiflay in the
Discount Office at the Bank:—
' Baltic of England, Dec. 20, 1821.
" The Court of Directors have resolved to discount.
from this day, Bills and Notes not haring more than 95
da,ts to tin, instead of 65 days, as heretofore."
This measure, which is obviously calculated to
give increased facilities to persons engaged in com-
merce, is also supposed by the speculators in Stock
to be a favourable circumstance for the funds. In
the present state of the market, however, we ap-
prehend that this judgment is erroneous. The prices
are already raised as high as they can bear by specu-
lation, but, as the advance has been produced by the
operations of capitalists of almost unbounded re-
sod-ices, who generally act in conjunctiori, the pub-
lic are probably secured, by their support, against
any sudden re-action. Should men of less capital
and diacretioa, however,- iaduced by any new
lities that prosented itself for raising money, engage
blindly in the purchases of Stock, a reverse would
be almost sure to tallow. The present speculators
would be the first to discern the danger arising from
so many competitors in 1., ket. Trey would
supply them liberally w..h the Stock required, as-
sured that their want tu' concert would subj..et them
to the influence of eve,..• fake alarm, or temporary
panic, and enable th.. wary spe,:iilators to re-
place their Stock at a lower price. A temporary
rise might tyke place, from the ease with which
additional capital could J obtained, but the re-ac-
tion, when it occurred, would probably force the.
funds mrch lower than the: are at present.
Lord Melville, Sir G. Cott:Lurn, and Sir Geroge
Clerk, attended by Mr. Secretary harrow, urrtved
at the George Inn, Portz,.iiit.t.th, on Monday at/ening
last, from the admirultv. and at tee o'ciot k the nmt
morning they proceeded to the dock-eat!, and cnt-
menced a series of inquiries into all the various de-
partmenta:' with a view to make reductions the-et'.
Their labours were continued an the following day ;
and on Thursday morning they returned to the
admiralty. Nothing is known of the precise natu,e
of the reductions contemplatc!., and which are soon
to take place.