The Sun.
London, England, 1825-01-03 00:00:00

MERCANTILE SHIPPING.

DEAL, JAN. 2.—Wind W.—Arrived yesterday the Cathe-
rine, Forrest, from Valparaiso, sailed the 27th of September ;
Jane, Brabyn, from 'Messina, sailed the 16th of November, left
loading the Thetis, Crish ; and Enchantress, of Plymouth ; the
Elizabeth, Gunten, had not begun to load. Arrived from the
River and remain the Honourable Company's ship Windsor,
Haviside, for India; Essex, Appleton; Kingstone, Sever;
Dorothy Forster, Honey; Reward, Terry, and Nautilus, Hall;
5 p. in. the wind is inclining to the N. W.
PORTSMOUTH, Jax. 2.—Wind W.N.W.—it blew very
heavy last night in squalls. Arrived the Augustus, Cram,
from Leghorn; the outward-bound remain all well.
COWES, JAN. 2.—Arrived the Midas, Thomson, from New
South Wales, in 137 days; spoke on the 20th of October the
Indispensable, of London, South Seaman, in lat. 57. S. long.
all well; Cygnet, Hall, from Petersburgh, in 62 days, with
damage; and Jane, Ridley, from the Downs.
LivEstroot,, JAN. I.—Wind W.N.W.--Arrived the
Wheaton, Bull, from St. Andero ; Good-Intent, --, from
Newfoundland i Mary, Ferguson, from St. John's, N. B.,sailed
the 9th ult. • Matilda, Sulivan, from Prince Edward's Island,
sailed the 9th ult. ; and the Janus, Prince, from Africa. The
Silos, Richards, from New York, was driven on shore near the
Mile House Rocks, but has been got off without any apparent
damage.
FALMOUTH, JAN. I.—Wind \V.—Put back the Palmyra,
Lamb, for Bengal; Lord Hobert packet, for Buenos Ayres;
and the Lady Xlary Pelham packet for the Leward
Arrived from the Downs the George Ann, Watt, for Grenada.

THE LONDON JOURNALS.

DAILY

&tracts' from the Morning Papers, Ja4. 3, 1825.

[TEE TIMES.]
The Paris world are busy in speculating on the
designs of M. de Villele for the current Session.
It is not very suprisiug, perhaps, that the most
refractory portion of a French Legislature should
be found in the Upper House, seeing that the
seats of the Peerage are secure, and that, from
the vicious character of the election-law, as it
now exits, the returns to the Chamber of De.
puties are decided almost uniformly by the will
of his Majesty's Government. Young as the
Session is, the Chamber of Peers have already
shewn some signs of life, which report says M.
de Villele intends to paralyze by a numbing
weight of 18 new Ecclesiastical Peers, thrown
in upon their Lordships by a single motion.—
Why not employ a steam-engine at once ? M.
de Gazes went to work in the same wholesale
fashion, and thus overpowered a fractious majo-
rity : hut his Peers were laymen, and had their
dignities in perpetieunt ; whereas, a considerable
proportion, as abovementioned, of M. de Villele's
new Lord, are rumoured to be—l, Churchmen,l
who in gaping for promotion will swallow any
measure that; the Court may choose to present
them ; and 2d, Lay Peers for life only, whom
the Minister has it in his power to keep reined
up, by holding over them the further chance of
an hereditary peerage contingent on their subser-
viency to his will. It appears that M. de Mont-
morency had 103 voices in favour of his appoint-
ment to the Address Committee—a formidable
majority, said to have been mixed up of the
three great interests of the Ministerial peo-
ple, the Opposition, and the Jesuits. Even
Chateaubriand had 01 votes. There is a revived
opinion spreading; that the law for a reduction
of the 5 per Cents. will be introduced again this
session, some of the bankers in favour with M.
de Villele being known to express themselves in
terms of confidence upon the subject. How far Mr.
Baring's visit to Paris may be connected with
such a proposed operation it is not for us to de-
cide; but, judging from experience, and from the
class of people who would be chiefly affected by
a reduction of the French Funds, we must infer
either uncommon strength, or a very moderate
share of prudence, in the Minister who attempts
to cut off two millions sterling from the fund-
holders, to bestow it on the emigrants or their
children. Our correspondent seems disposed to
hint at differences of opinion between Charles X.
and the Dauphin ; but they have not yet, at
least, assumed any form in which it might be pro-
per to expatiate on them. Materials for discord,
we must confess, are not of rare occurrence be-
tween a Sovereign and his heir-apparent.

[BRITISH PRESS.]

The last intelligence from Constantinople, in

the French and German papers, leaves no doubt
as to the disastrous issue of the naval campaign
between the Turks and the Greeks. The
shattered condition of the rarnaining vessels of
the Capitan Paella's fleet, and the wretched ap-
pearance of their crews, eloquently describe the
sufferings they have undergone. The Sultan,
however, has judged it prudent in the case of
the Capitan Paella to depart from the savage
policy of the the Sublime Porte with respect to
unfortunate Commanders by sea or land. The
Turkish Admiral was received with the customary
salutations and compliments of success. This
is, in the history of the Ottoman Empire, the
first instance of the Sultan permitting a defeated
servant to appear again in the Imperial presence,
with the honours of his station. The pride of
the Crescent seems to he sinking with the decline
of its power. An obscure anticipation of the
greater disasters that await it, has reduced it in
bitter patience to be content with its present lot.
The usual resource of barbarous and impove-
rished governments is said to be in contemplation
by the Divan. The public wants are to be sup-
plied by means of a depreciated currency. This
is a deperate expedient, and almost the last to
which any Government can resort. The Divan,
we suppose, hope by this nominal addition to the
value of the coin, to make good the deficiency
arising from the loss of the revenue formerly ex-
tracted from the Greeks. The immediate effect
may be to remove, in some degree, the pecuniary
difficulties of the Turkish Government, but
finally, and at no remote day, it must aggravate
them ten-fold. No greater dangers can menace
the Divan, than those that will consist in the
general enhancement of the prices of commodi-
ties, and the financial complexities which will ne-
cessarily result from the projected debasement of
the currency. One obvious consequence will be
an extensive decrease of foreign trade. Who
will attempt to carry on dealings in a country in
which goods are every day changing value from
causes entirely independent of commercial cal.
culation ? Mehemet Ali, of Egypt, would ap-
pear to be not much superior to his Sovereign in
wealth or honesty. The foreign merchants, who
chartered their vessels for the extirpation of the

Christian population of Greece, have been offered
bad grain in payment of their freightage instead
of money. We shall not be sorry to learn that
he has compelled them to accept the terms he
now proposes. It is right that men who embark
in flagrantly immoral undertakings, should, in
their own persons, suffer some of the evils they
.had, for base lucre, agreed to co-operate in in-
flicting on the innocent.