The Sun.
London, England, 1822-05-25 00:00:00

Army of Cie South, has rstnoved his. head quarters Ta.
marona.

It is this moment reported 'that a battle has been fought
in Armenia between the Turks and the Persians; without any
decisive success to either party.

The CHANCELLOR of the 'ExcifEouch. deve-
loped his new plan last night for the conversion
.of the Half-pay . and Military Pensions. The
• propositions of the. Right Honourable Gentleman,
: particularly as regarded the 'intended remission
of two millions of taxes, gave very general sa-
tisfaction to the House, :arid will doubtless be
equally acceptable. to ,the Public. One or
two of the Opposition made a feeble attempt
to give an injurious change to the character
of the scheme ; but the 'sense of the liouse was
almost universally in its favour. Our sentiments
respecting this wise and salutary financial mea-
sure are already so well known to our readers,
that it would be useless to re-state them. If
possible, we approve of it.still more in its new
shape, than in, that form which failed to in-
duce the great 'capitalists of the .country to
take the contract,since now it is divested of every
thing :calculated.., to give- it The appearance
of a gambling .transaction. If there be any be-
nefieial results, of a purely_ peCuniary nature,
from the calculations of those results, the Public
will reap the whole of the. advantage.. If, on
the' -other hand, the- lives should prove to''
be. of greater duration than was originally
estimated, a public benefit -will not be ob,
tained through the loss or ruin of indivi-
duals.—Finally, as •we have before pointed
out,' the eipenditure. of the- country will not
be diminished, notwithstanding a diMinution of
taxes to the amount of two millions !—lt is diffi-
'cult, perhaps impossible, to calculate 'the im,
mense advantages which may spring from such a
conjuncture, so favOurable to the industry of
the country, and to its powers of produc-
lion and consumption.. The annual sales of
the annuities. also will, periodically take up
a large portion of the surplus capital of the
nation, which is frequently driven to seek -in-
vestment in foreign securities, or is embarked
in 'precarious and desperate speculations, not
more injurious to the individual speculators,
than to the general interest of those classes
of the people who are already exposed to the of over-competition.—The taxes.
intended to be reduced are 13 shillings out of
Iss. per bushel of the Salt. Tax,--the Irish
'Window Tax and Ilearth,-7a ,part of the. Leather
Tax,—and the War Tonnage Duty on Shipping

We have. received Sierra Leone Gazettes to the
28th. February. They confirm the report that
the Slave-trade is .still carried on to
,a shameful
extent on the westward coast of Africa :—a Por-
tuguese Brig, with 140 Slaves on board,. had been
carried into Sien7a. Leone ; another Brig, 'under.
the same colours, was
.brought in. with 175 Slaves.
The British have a force stationed at Sierra Leone,
consisting' of the Iphiginia..Frigate ; Sloops of
war Morgina and -Pheasant ; Corvette Myrmion;
and Brigs Snapper and Thistle.. From the re-.
port of the Collector of Customs, the trade of
that place is rflourishing,—the amount of duties h
the year ending On the 31st December last, was,
105.060, being an increase. of 38. 385 Sterling in
the revenue of the preceding year.

AMERICAN BOUNDARIES.—By recent letteri
'mem New York we learn that considerable time
must elapse before the Commisiioners for' settling
the Boundaries can terminate their labours, as
serious differences of opinion have arisen respect-
ing the Isles before Malden, which there is
reason to apprehend it will be extremely difficult
to adjust. The British Commissioner, it is un-
ddrstoocl, had e onditionagy arranged,a II the other
parts of the boundary line, not contemplating
that a demand so unprincipled and so , manifestly
unjust as that for the Islands in question could
be persisted in by the American Commissioner.
We are inclined to think he must have been in-
fluenced by those who were about him. A re-
ference it seems was made to the authorities at
Washington, but without success, as Mr. CAN-
NING and Mr. ADAMS could not agree upon it.
The British Commissioner., it is said, steadily
adheres to the principles of the middle of the
waters, and will•not consent to the surrender to
the Americans of either Sugar, Fox, or Stony
Islands, much less Boes Blanc. These dif-
ferences, we believe, have been referred to the
Government at home, whose mild and concilia-
tory disposition leads us to expect that they will
be adjusted, like the question respecting the
Columbia River, by the concession of every point
in dispute. However amiable this disposition may
be, we confess that it seems to us highly impolitic,
and little calculated to support the National
Character or to maintain the Rights of British
subjects. The American demand 'should, in our
opinion, be decidedly resisted; but if that can-
not be, consistently with the policy of the pre7
sent Administration, and our amicable relations
with the United States, we think the Govern-
ment should at least insist, as a sine qua non,
upon having all the Islands in Lake Saint Clair.
Throughout the whole of these proceedings the
American character has developed itself. Every
point has been pertinaciously litigated, and great
trouble given, especially on the sth article, in
which the Americans claim territory• within fifty
miles of Quebec. These questions are very
freely discussed in New York, and we expect that
our correspondent may enable us to present our
readers with further information upon them, as
they are highly important to the British Interests
in America, and materially affect our National
Reputation.

'STEW YORK, MAY I.—ln the Senate on Wed-
nesday the Committee on Commerce and Manufactures made
a Report on the subject of prohibiting foreign spirits. The
Committee think the United States would be, romoted bypro-
hibiting the importation of foreign spirits; hit were of opinion
that its immediate prohibition would diminish the revenue, and
that it would be best to arrive gradually at the object in view,
by, increasing the duties on foreign Spirits. They were of
opinion that the Bill must originate in the House,• and the
Committee were discharged from any further consideration on
the subject.

NAVIGATION BILL.—The apathy' shewn on
this vital subject by the Members for the Ma-
ritime Counties and Out-Ports, :with the excep-
tion of the FOURTEEN MEMBERS who voted against