The Sun.
London, England, 1825-01-29 00:00:00

[MORNING POST.]

We received last night, by Express, French
Papers to the 27th inst., and the Etoile of
Thursday. The latter contains no report of the
proceedings of the Chamber of Deputies on the
preceding day, from which it may be inferred
that the discussion respecting the indemnity peti-
tions did not take the interesting and important
turn which had been anticipated. There are in
all these Papers abundant confirmations, not only.
of the defeat of the Egyptian fleet in November,
but of a final disaster which overtook it on the 3d
of December. This is aonounced in letters from
Trieste, Leghorn, and iVlissolunghi, all of which
agree in stating that after their first victory the
Greeks blockaded Ibrahim Pacha and the vessels
which he had collected in the bay of Macri on the
Asiatic coast. Perceiving that he found himself
straightened in his position, and seemed inclined
to leave it, they withdrew to a distance, in order
to entice him into the open sea. This manoeuvre
is said tc; have been attended with complete suc-
cess. Ibrahim endeavoured to profit by their
supposed departure, not to repair to the Morea,
as the Smyrna and Constantinople accounts pre-
tended that he would do, but to effect his escape
back to Egypt. He was however intercepted
in his flight by the skilful and gallant Miaulis,
who threw Iris whole fleet into confusion, and
captured more than one half of the transports
by which it was attended. Out of these,
twelve large vessels carrying 3,000 black troops,
disciplined in the European fashion, and 400
Arab horses, had already arrived at Napoli di
Romania. They were found to contain also such
stores of coffee and rice, that the price of the
former had fallen down to fifty paras (eight-pence
halfpenny) for 44 ounces, and that of rice to five
paras, or seven cents. Besides the capture of
these vessels, 15 Egyptian ships of war of diffe-
rent sizes, and a large frigate, had been burnt,

and the rest of the defeated enemy had been pur-
sued as far as the entrance of Alexandria.

[BRITISH PRESS.]
The Paris Papers of Wednesday bring no in-
telligence of moment. The news relating to
Greece we have given separately, and our readers
will see with pleasure that the dissentions
amongst the Greeks have been by no means so
formidable as they have been represented. The
siege of Patras has not been interrupted, and
the Government, feeling itself strong in the
affections of the people, threatens the revolters
with condign punishment. Meanwhile the
Greek navy continues to gather fresh laurels.—
The Eyptian fleet was drawn by a stratagem
from the .Bay of Macri, where it had taken shel-
ter, and beaten at sea by the gallant Miaulis, who
pursued it within view of Alexandria. The loss of
the Mahometans is stated to have been consider-
able : 19, large transports had arrived at Napoli,
having on board 3,000 black soldie rs, disci-
plined
in time European style, and 400 Arabian
horses. From Spain the intelligence is rather sa-
tisfactory.
The Etoile affirms that Ferdinand is
become a miracle of moderation and benevo-
lence. All his efforts are directed ,to the 6' grand
object of the general welfare." The fact is,
that his Catholic Majesty can no longer pro-
ceed without some revenue, and, prepara-
tory to the re-establishment of his credit with
the view to negociate a loan, he is obliged
to adopt some sound and rational principle
of Government : but, while he remains the
absolute Sovereign, what security can his cre-
ditore have against his relapse into tyrannical
violence and wilful dishonesty ? The French
journalists are engrossed with the discussio❑ of
the questions of indemnity to the sufferers by
the Revolution. In every quarter new claimants
arise. " If. France were put up for sale," says-
ae Journal des Debuts, " it is doubtful whethet'
the bankers of Europe would purchase her, on
condition of paying all the indemnities already al-
leged to be due on account of the spoliation and
injustice of the Revolution. Every body pretends
to have some claim on poor France, and should
we go on long as at present, it will be neces-
sary to have some regulation established as to
the rights of those creditors, who all struggle
earnestly for the privilege of misfortune. We
are sorry that the petitions for indemnity, which
arrive daily from all parts of the country, are not
accompanied with a statement of the sums re-
quired to satisfy the petitioners. This simple
addition would have taught our successors how
much a Revolution costs. The genius of M.
de Villele will chew them how• this is all
to be paid." The Abbe de Pradt has boldly
denied that the emigrants have any right what-
ever to indemnity. " They are deprived of all
right by their own acts, public and private ; by
their proclamations, which are so many monu-
ments of their intention to restore to full vigour
the ancient system in ail its parts, and their own
privileges." M. Lally Tollendal began his cele-
brated defence of the emigrants with these words :
The Republic has triumphed." It is now
the turn of the emigrants to boast that they have
triumphed. France has indemnified the foreigners
who subdued her—she is now about to indemnify
the emigrants. Marshal Suchet, it is stated, lies
dangerously ill. He was one of the most fa-
vourite and ferocious soldiers of Buonaparte, and
has never enjoyed the countenance of the reign-
ir►g family.

[MORNING CHRONICLE.]
The arrival of an express from Paris, bringing,
it is said, the price of the Rentes on Wednesday
at 103 f. 50c., had the effect of improving the
English Funds yesterday in a slight degree ;
Consols for the Account were 934. In the Fo-
reign Market every thing was steady. The no-
tification of the appointment of a Consul at
Buenos Ayres by the Prussian Government, has
probably served to check the decline of the South
American Securities, as it is thought that this is a
step towards a more liberal policy as to the New
States on the part of the Allied Powers. Colom-
bian Bonds were yesterday at 90, and Mexican
at 804-. There was not much doing in Shares.
A few Rail-road Shares have been brought into
the Market, and the f-eling seemed to be rather
in favour of them. The Manchester and Liver-
pool Shares were sold at 42. The Irish Provin-
cial Bank Shares were firm at 24 to 3 premium.
Prospectuses of many new schemes are out. We
notice one for a British Fish Company, and an-
other for a Flour Company. A new Chilian
Mu Ling Company is also formed.