The Sun.
London, England, 1822-06-18 00:00:00

CITY, MONDAY EVENING.

There are still two opinions in the City respecting the settle-
ment of the Turkish and Russian disputes. It is reported that
a letter has been received from Odessa,_ dated the 21st May,
N.S., which states that advices had that day arrived from
Ketchenou (the head-quarters \ of the Russian army), by which
information had been received that the Turkish army was in
motion, but that it neither had nor would retire from Moldavia
and 'Wallachia, according to the agreement made at Constanti-
nople. At the date of these advices there had been fully suffi-
cient time for the retreat of the army, had it been intended.
The Turks will, no doubt, hold out expectations of compliance
with the Russian demands, until they know the result of their
attempt to reduce the Greeks, and in thus acting they shew
great ability in their character as diplomatists. These
advices further state, that at present the Russian army
is in no situation to enforce their demands on the Turk-
ish empire. It is without pay and clothing, and .is
besides badly fed. There is the best authority farther
for stating, that it is just now in a state of Mutiny, there
being betwixt forty and fifty Officers under trial at Ket-
chenou, at the time the letters came away, for disobedience of
orders and actual rebellion. The nobility in that part of the
Russian empire are also represented as being very much dis-
satisfied. This letter from Odessa is at variance with accounts
from Bucharest, dated—the 22d May, and which represents the
Turkish army as retiring. Still the one from Odessa is report-
ed to have been written by a gentleman of high character, to
his friend in London, and if there be in his account any decep-
tion, he must have been himself deceived, which, from his con-
nections, is not probable. Odessa. remains a free port for one,
if not for two years longer.
Consols for the account opened at 801, and remained very
steady during the day. In foreign bonds there is very little
variation: The new Russian loan is heavy, and its price of 83
is only nominal.
A highly, respectable and eminent West India establishment
has this day suspended payment, to the great regret of the city.
in Wrest
Their property lndia securities is reported to be four
times. larger than their debts, but such is the depressed state
of trade; that no money could be raised on it, though Russia'
finds plenty.
The arrivals of grain in Mark-lane during the last week
consist of 7,866 quarters of Wheat, 501 qrs. of Barley,
2,078 qrs. of Malt, 18,405 qrs. of Oats, 750 qrs. of Beans,
only 86 qrs. of Peas, and 7,066 sacks of Flour. This morn-
ing the shew of samples from the Home Counties was not
large; but as usual very little was sufficiently fine to manu-
facture during the summer months. Prime articles accord-
inglywere sold at rather higher prices than those obtained
last week, but every other description was literally un-
saleable, even though offered at lower prices. There is very
little Barley now wanted, the consumption for this season hav-
ing nearly ceased. Stained samples are worth 18s. for poultry
feeding, but the quantity, on sale must continue. mall if this
price be tuaintained by a' consumption so insignificant. Oats
do not acquire the same value which was attached to them last
week. The late rains have not 'keen general, but they have
been sufficiently beneficial to do away with every fear for the
safety of the coming crop. Beans and Peas are both lower, and
the demand for them has entirely ceased.
The Importers of Foreig,n Corn have been considered by the
Agriculturists guilty. of bringing Bonded Grain into the market,
for home consumption. There is just one instance of this
having been done, in a Yorkshire port, and it was instantly
detected by that most able officer, W. PALGRAVE, Esq., Col-
lector of his Majesty's Customs at .Great Yarmouth. The
owner was insolvent, and a laxity in the Custom-house regu-,
lations at the bonding port enabled him to prop his falling credit
by an act in the highest degree incorrect. New regulations
have rendered the recurrence of .such an event impossible ; and
at the present moment, for a trifling es once, Government
could convince the public, that with the foregoing exception,
no fraud has been committed in England, Scotland, or Ire-
land. The quantity of foreign grain bonded is registered in
the Wood Farm Office ; and if the whole or any part be re-
exported, it is regularly entered in the same books. There is
a fixed weekly charge for turning bonded grain in the ware-
house, and Government might, at a small additional ex-
pence to the turning one, measure the quantity remaining
in the granaries, by which an immediate discovery of fraud
would be made, if any existed. The importers of foreign corn
are still accused of another act, to which the appellation 'of
folly must be added to that of fraud. They are accused of
taking their fine Dantzig wheat out of bond, and of substitut-
ing damaged and inferior English wheat. If it was possible to
make this exchange without the knowledge 'of the custom-
house, it would be highly injurious to the interest of the impor-
ter. One ' thousand quarters of fresh Dantzic wheat may re-
main in granary for years without injury.- At present it is worth
30s. to 355. a quarter, either for immediate exportation or for
speculation. For home consumption it would fetch nearly 60s.
a quarter, or 3,0001. One thousand quarters of the lowest Eng-
lish wheat, to substitute for the Dantzic in a bonded granary,
could not be got under 30s. a quarter, or 1,5001., and it would
be rotten before it lay one year in the granary. Any impor-
ter of foreign wheat must suffer by bonding any but the
best qualities of English wheat, should he wish to bring
his fine foreign wheat into immediate consumption, in Eng.
land, and this would cost him nearly the same sum as he
would receive for his foreign. To sell his' 1,000 quarters of
fine bonded wheat as the law allows, he would get 1,600. ;
to smuggle his 1,000 quarters of fine bonded wheat into home
consumption, he would get 3,0001., but he must replace the
quantity with either the best English, which will cost him
fully as much, or with damaged English, which will cost'
him 15001., but which, in a few months., will be more than
a total loss to him. It is, however, totally impossible, under
the existing Custom-house regulations, for the proprietor
of bonded wheat' to exchange it for English growth, even
were his interest promoted by committing this fraud on the
public, and the Agriculturist has more reason to lend his aid to,
than to oppose any measures which may benefit the proprietors
of bonded grain. Permission to grind foreign wheat in Eng-
land at the present moment, would enable British Merchants to
supply warm climates with this article much cheaper than it can
be procured from any other part of Europe, or from the
United States of America. To export wheat itself does not offer
the same advantages. The chance of heating during a long
voyage is a greater risque than the probable profit will af-
ford ; and in many warm climates they have not the means to
manufacture flour even if they had the wheat. It would benefit
in a great degree the Agricultural interest if any plan could be
adopted by which the present lirge quantity of bonded grain
could be sent out of the country ; and there is not any probable
chance of exporting the wheat unless as flour. The Morning
Chronicle has already stated some of the advantages which the
adoption of the grinding clause, in the new Corn Bill, would
confer on the Commerce of the Empire. It cannot injure but
must benefit Agriculture, and it is still to be hoped that the
House of Commons will pass a law, rendering it legal to export
bonded wheat 'when manufactured into flour.—(Morning
Chronicle.)

REDUCTION OF RENTS.—EarI FITZWILLIAM
has again made a liberal abatement df rents to his tenants at
Higham Ferrers, Irthlingborough, Finetlon, Little Addington,
and Chelveston-cum-Caldecott, Northamptonshire ; the abate-
ment has been from twenty to thirty and forty per cent., al-
though several deductions had been made in 1816 ; and the
rents of several other farms have not been raised since the year
1796.—At the Hon. the Ladies FITZPATRICK'S audit, held
on the sth inst. for their estates in the above county, deductions
were made on a most liberal scale—G. P. JEuvoisE, Esq.,
DI. P. has again reduced his rents, making them now fifty per
cent. less than they were seven years ago.
Thursday night his Royal Highness Cums-
TIAN FREDERICK, Prince of Denmark, attended the sitting
of the Royal Society, in order to his being admitted a Fellow,
in pursuance of 'the resolution of the Society the preceding
week, as in the case of such distinguished individuals they
dispense with the usual forms, and proceed to ballot on the
evening they are proposed. His Highness was received by the
President, Sir HUMPIIRY DAVY, the Council of the Society,
and one of the fullest Sittings known for a long time, with all
the honours due to his exalted rank and scientific acquire-
ments. lie appeared much gratified by the handsome and
well-merited encomium addressed to him on his admission, by
the President, and much amused at being called upon as a
Member immediately after, to vote on the election of Captain
Ross. His Royal Highness afterwards visited the Library, and
inspected many curious and scientific instruments, particularly
that invented by Captain KATER, to ascertain the vibration of
the' pendulum, &c. He received the srme complimentary
honours on leaving Somerset House as at his reception. It is
not generally known that this is the fourth year in which this
Prince, with his amiable Princess, who is neatly related to our
King, has been travelling in the south of Europe in search of
useful knowledge, during which their mild and affable deport-
ment has endeared them to every one who has been honoured
with their notice.

We have received the Paris Papers of Satur-
day, from which we give extracts in a preceding
column. They bring no fresh intelligence respect-
ing the question between Turkey and Russia.

FRENCH FUNDS.—JUNE 15.
Five per Cents.
Closed at
Exchange on London—One Month 25 f. 40 c.
Three Months 25 f. 15 c.

Accounts from Lisbon, to the 3d instant, were
received yesterday, communicating the discovery

of a conspiracy against the Portuguese Govern-
ment, the objects of which were to depose the
King, and in his stead to form a Regency, at
the head of which the Infant Don MICHAEL Wa3

to be placed; to dissolve the Cortes, and esta-
blish a new Legislative Body; consisting of two
Chambers, one of them to be composed of the
hereditary Nobility ; and, finally, to assassinate
those Members of the Cortes, and the Ministry,
who are the most able and celebrated defenders
of the present Constitution of Portugal. Under
the bead of Portuguese Conspiracy we have
given the Official Report of the Portuguese Go'
vernment on this subject, the full details of -which
may be expected by the next packet.

German Papers have been received to the 11th
instant this morning. An article dated Frank-
fort the 9th inst., observes that 4C though the
Turkish troops have not entirely evacuated the
Principalities, we learn from various quarters,
that they continue to pass the Danube, and that
the delay arises from the want of means, and
especially of provisions."

[PRIVATE LETTER FROM PARIS.]

June 15, Four o'clock, Afternoon.

Our accounts from Spain are, very gloomy
in-
deed, nor have we as yet the ratification of the
Sp-anish Loan by the Cortes. Spanish Bohds'
which were yesterday at 65, have fallen this
morning to 63, and even at that price there were
no buyers.

Letters from St. Thomas's, of the Bth of gat'
state that 15 vessels of various descriptions have
sailed to blockade Puerto Cabello, which fnust
fall in a short time.

A recent Letter from Amsterdam says;

" There is still no appearance of any improvement in
Corn-trade. Nay, in point of fact, prices are now depresseu
more than ever. Unless a change takes place speedily, melan-
choly consequences must be apprehended. One sacrifice
already to this state of things we have to mention :—Sesier:
day the respectable firm of BR M UGGEANN and Co., ill i,
city, suspended payment. It indeed most unsatisfactory t°
have to advert to the general languor that every
where attends
commerce."

IRELAND.—The Parliamentary Papers relating
to the State of Ireland were published this dap—No. 1IS
the
Extract of a Dispatch from the Marquess WELLESLEY °';
Right Hon. ROBERT PEEL, dated Dublin Castle, flay
1822.—N0. 2, Copy of a Dispatch from Ditto to Ditto, Ono"
date.—No. 3, Copy of a Dispatch from Ditto to Ditto, cla
May 21, 1822.—N0. 4, Abstracts referred to in Dispatch
No. 5, Extract of a Dispatch from Ditto to Ditto, same dateha.
These Papers contain a statement of the disorders which
taken place in the counties of Ulster, Connaught, Leinsterl an
Munster, with the several communications from Magistrates 7
and the most respectable persons within the respective districts:
These Reports have appeared during the prevalence of the 11.1
happy disturbances in Ireland, but are invested with °f6ci'l
authority.

If we thought it possible that any great Pro;
portion of the intellect and wealth of the country could be in
duced to pursue the mistaken and mischievous course adePth-
by the County of Kent, we should feel as much alarm f°l
consequences of CORBETT'S proposition to reduce the
terest of the Public Debt, either by direct extinction or
, assessment, as we feel pity for those, who, under the infitleadilee
of distress, were so blinded by their difficulties or their passi-
as to yield to the hollow reasonings that have misled therci'llll
(1
to place themselves under the political guidance of a manmanl!ll°
advocates all doctrines and all principles, however opposite,'"
inconsistent, in their turn, and who may one day boast of bail;
ing had talent enough to compel even a respectable Ceullthl'
Meeting to agree to a resolution which he himself _knew
time to be erroneous, but the fallacy of which no one resal
except himself, had the ability to discover We more :11
suspect that COBBETT is very well aware of the general ce'-1111;
sion and aggravated distress which would immediately so
upon any breach of faith with the public creditor; and he
excessively vain of his intellectual energies, and so passiell„3,,teg
enamoured of his reputation for close and accurate rease';;ltie
that it would be in perfect consistency with his character
should hereafter avow his knoWledge of the error which 1:e :EY
deavoured to palm upon the country, and unblushingly J:at be
the deception which lie is now practising, by the plea t-3
had a political object to accomplish,—that the " Aide; be
roziglimongers" and " rapacibus Landlords" could by
pulled down after the people should be stung to tnaall:dov
the extremity cf suffering,—and that he alone had had lent
to
terity to render those whom he so bitterly hates subeerlf the
-
his purposes, and instrumental to their own destructO
universal ruin which would instantly follow the suacietl
hilation of the National Debt, from the mansion a th:,,,j%r
owner to the cottage of the peasant, and from the e°- :ode
house of the merchant and manufacturer to the humble
of their labourers, has been so satisfactorily demonstr3tet:e
so generally admitted, both in and out of Parliament, t",:t gof
is, perhaps, no body of men, consisting of fair proP°r"l°-arie
the various classes of the people, who could be found se insane
as to consent to the infliction of that act of national stio be
And why is it that the sudden extinction of the Debt sveu-troc-
thus fatal to the common weal? Not merely because the des
upon
tion of public and private credit, necessarily attenaant.ient
national bankruptcy, would in itself be a source °f the
convulsion and inextricable disorder,—but because'
‘3,11e es'
actual circumstances of this country, whatever the
penditure and :consumption is immediately
public interests, in proportion to the extent of the and
Now nothing could more directly diminish expenditur:iooo
consumption, than the extinction of the income of thee,lola
annuitants. And is not every diminution of their lacer ?
our actual circumstances, injurious in propel to its e%.6
As it would be fatal to the interests of the country, a lnether,'
mitted on all hands, to extinguish the national debt Ititi
it must be mischievous to the -interests of the countrY,,;o
present situation, to extinguish any part of it. Asa t tonal
produce general and inextricable disorder to declare national
bankruptcy, and to cancel the total claim of the Public.o
tors, it must produce partial disorder, and an aggreSti faith
our difficulties, to declare the nation insolvent, to break
injurious woo,