The Sun.
London, England, 1825-11-14 00:00:00

from Spain, as no negociations can tear from Fer-
dinand's crown a single diamond with which it
has hitherto been adorned.

[Burma PcEss.]
Last night we received the Paris Papers ofl
Friday, with the Etoile of Saturday. They con-
tain some curious and interesting particulars re-
lative to the Spanish Court. M. Zea is treated
with as much favour as if he still held the Presi-
dency of the Council. There even appears to be
a good understanding between him and his suc-
cessor : they have had an interview respecting
the conspiracy of Bessieres. The Apostolic
party will probably be disappointed in the ex-
pectations they had formed as to the Adminis-
tration of the Duke del Infantado. He has,
it would seem, already learned enough to
induce him for the future to regard them
with suspicion. lie is disposed to think for him-
self. Such is not the Minister for their pur-
poses. It is difficult, however, if not impos-
sible, to penetrate the veil that conceals the in-
trigues of the Court of the Escurial. The Echo
du Midi of the sth instant states, that the as-
cendancy of the Apostolic party was so complete
that the King had been prevailed upon to grant
the widow of General Bessieres a pension accord-
ing to his military rank, that the royal munifi-
cence has also settled pensions upon his daugh-
ters, and that his son has been appointed to a
company in the Guards. The first public act of
the Duke del Infantado is unquestionably of a
singular and unexpected nature. It was the
publication of a royal decree, confirming the
amnesty granted by the Cortes in October,
1820, to the insurgents in the late transatlantic
dominions of his Catholic Majesty. This is
an extraordinary measure in any point of view.
The decree is dated during the administration of
M. Zea. Its publication by the Duke del In-
fantado implies, that as to foreign affairs, at least
no great difference of opinion can exist between
him and M. Zea. But under any circumstances,
the appearance of this document is calculat-
ed to excite one's astonishment. If the King
of Spain thought fit spontaneously to pardon
the " rebels of South America," why not make it
absolutely his own deed ? Why,have recourse to
the expedient of confirming an Act of the Cortes,
when he could just as well have declared it
the mere result of his goodwill and pleasure ? It
is strange that the chosen Minister of the A pos-
tolic party should begin his career by reviving
the memory of the constitutional system, and ap-
proving the measures adopted by the Cortes. It
is suggested with some show of reason that this
step may have been taken in order to prepare the
way for the ultimate recognition of the new States
of America, without compromising the dignity of
the mother country. The King has now absolved
his late subjects from the guilt of their revolt.
They may, therefore, in their present condition,
be treated with. There appears no other object
in issuing this decree, which would otherwise
only be an object of contemptuous merriment with
the people whom it professes to forgive.
NEW TIMES.]
- -

The Etoile and-the Quotidienne are disputing
warmly on the cause of the late fall in the French
Funds. The former attributes it to the great de-
mand for capital in commerial and other specula-
tions ; the latter ascribes it wholly to the reduc-
tion of the Rentes to a Three per Cent. Stock.
Both these causes have no doubt operated ; but
it cannot be the latter exclusively ; because
there has been a similar fall in the English
Funds. Those who conceive the late change
of Ministry in Spain to have had an influ-
ence on this question are so far right, that
when once the fall began (from whatever cause)
political alarms would naturally add to the panic.
These alarms have no doubt existed, but we think
without any solid foundation. The struggles of
faction in Spain will no longer be able to disturb
the rest of Europe. France has not, as she had
in 1822, the dread of a revolutionary contagion
reaching her from Spain. She has placed her-
self indeed in a situation of difficulty with
regard to that country, but it is not a situa-
tion likely to lead to war.. France and Eng-
land know their own interest too well to
quarrel, and while they remain at peace no
other contest of serious importance to Europe in
general is likely to spring up. True it is that the
reduction of the Rentes has been fatal to M. de
Villele's popularity ; but popularity is not so ne-
cecessary to a Minister in France as in England.
While Charles X. has the good sense to retain a
useful Minister, in spite of factious attacks on his
measures, there is no reason to apprehend any un-
favourable change in the external policy of
France. We had intended to make some re-
marks on the abusive article in the Times, on
" Louis le Desire," &c.; but, upon re-perusal,
we find it so disgustingly coarse and vulgar, that
we deem it utterly beneath our notice.

[MORNING HERALD.]
It gives us pleasure to see that there is to
be an end of another of the schemes—the
London and Manchester Equitable Company,
which, it appears, was to have been instituted
for the purpose of lending money to small
manufacturers in Manchester, on the deposit
of their goods in warehouses taken or to have
been built for that purpose. Salaried secreta-
ries, clerks, solicitors, and other parapherna-
lia, would no doubt have been added, to look after
it, and sack the main part of the profits. The
fact, however, is, that this concern was to have
been neither more nor less than a pawnbroker's
shop on a large scale. We would ask Mr. Kaye,
the solicitor to this concern, why himself and
the rest of the solicitors do not petition Parlia-
ment to do away with the stupid laws to pre-
vent usury. The latter would prevent the neces-
sity of such humbug establishments as this. For
then every man would have it in his power to re-
ceive the goods of needy manufacturers, and lend
his money on them at such interest as the market
price of money might be at. This would simplify
the matter and cut up by the roots both the pawn.'
broking system as well as the abominable system
of raising money by annuities, at the bottom of
which 'Aff'the Lawyers, who have ingeniously
taught die community to evade what are called
the wisdllaws of their ancestors, to prevent tak-
ing more than s per cent. for money.