The Sun.
London, England, 1822-05-27 00:00:00

MERCANTILE SHIPPING, &c.

. FALMOUTH, MAY 25—wma E.S.E.--Arrived off the
pert yesterday the Betsey and Sophia, from Dominica for Lon-
lion, out 58 days; Loyal Briton, Plunkett, frcm Jamaica,
with part of the tilst Regiment for Plymouth.
MAY 24.—Wind E.S.E.Arrlved the Seneca, Bell, from
Tobago ; and the Enterprise, from -London.
DEAL, MAY 26.—Wind S.W.—Came down from the River
and remain the Hambletonian, Dolancl, for St. Mary's, Africa.
Arrived and sailed for the River the Nelly, Barrington, from
Honduras, and George, Rodeford, coast of Peru.
PLYMOUTH, MAY 25.—Wind E. and variable.—Arriv d
the Stately, Edgar, froth Jamaica ; and Usk Sniith, and Vine,
Webb, both from Trinidad.
PORTSMOUTH, MAY 25.—Wind S.W.—Arrived his Ma-
jesty's ship Superb. from Lima ; and his Majesty's ship Egeria,
from Newfoundland. Sailed the Brilliant, Beverly, for Quebec.

THE MARKETS.
CORN EXCHANGE, MAY 27.
The arrivals of all Grain since last Monday have been very
great, and particularly of Wheat and Oats, the fbrrny a'tlele is
2s. per quarter cheaper, and only the finest samples were in de-
mand this morning, having no buyers for any other descriotion.
Fine Barley Is. per guar er lower, but Ills ordinary sort for
grinding sold on the same terms as last to eek ; Oats, Beans,
and Peas, are Is. per quarter cheaper, and dull sale at that
abatement ; in other articles there is no alteration.

AVERAGE PRICE OF CORN IN ENGLAND AND WALES.
Wheat, 475. Od. ; Barley, 16s. Ild. ; Oats, 17s. 4d. ; Ryc,
225. Od. ; Beans, 225. Bd.; Peas, 245. 6d.
The Average Price of rown or Muscovado Sugar, computed
from the Returns made in the 'Week ending the 22d (lay of
flay, 1822, is 325. 14d. per cwt. •
• ,

SMITHFIELD. MARKET, MAY 27.
There was a good supply of all descriptions of Cattle at
market this morning, and Mcat of the best quality obtained
last market day's prices; but there appeared a scarcity of prime
Lamb, which obtained rather a higher price than our last quo-
tation.
Beef 2s 6d to 3s 4d I Veal
Mutton 2a Od to 3s Od Pork 3s Oil to 3s 104
Lamb .... 48. Od. to ss. Od.

YIIE LONDON JOURNALS.

PS; TRACTS FROM THE DULY MORNING PAPERS,

May 18'22.

[MORNING CHRONICLE.]
The Gentlemen who are so handsomely paid
oat of the taxes of England, for making laws for
the lonian people, which they detest, lave been
so cornp-laisant as to pass an Act to exile for ever,
and to strip off their lands and money, all natives
of the Seven Islands who shall take a part in the
present contest between the Turks and their
fellow-countrymen. The motive for passing such
a law at the present- time is, it is said, no other
than the wish' to get possession of the estates
of Count Metaka, and a number of other •noble
and rich lonians, objects of hatred to the Go-
vernment, who are now in exile in the Insurgent
Islands. How long is a system like this, which,
if Englishmen do not reprobate, they are them-
!elves unworthy of being free, to be perse-
vered in to the disgrace of the nation ? To think
of the finances of England being employed in
aiding (either openly or under the mask of neu-
trality) those wretches who are- now in every
town and village of Scio, pouring_out like water
the blood of the-unhappy natives !—The accounts
from the North of Spain give very vague ideas of
the numbers and resources of the insurgents. But
the accounts from 'Madrid, both in the French
and Spanish Papers, are of an agitating character.
The Cortes have decreed the hymn of Riego a
national hymn, and that the 13th May, the day
of the King's return to Madrid, shall be a day
of mourning to all Spaniards, and the Court is
forbidden hereafter to celebrate it. A conspiracy
which was to break out on' the 16th has been
discovered ; and the Cortes have had extraor-
dinary sittings, for some days to midnight. It
would seem from the denunciation which our
readers will find in our' extracts from Spanish
Papers, that Morillo and several of the Members
of the Cortes are implicated in it. At all events
the Special Committee of the Cortes for respon-
sibility proposed his impeachment in the Sit-
ting of the 11th.

[MORNING POST.]
Letters of the 30th ult. from St. Petersburgh
announce the arrival of M. de Tatischeff in that
capital, and l►is immediate reception
.by the
Emperor. Re had been preceded, however, by
his Secretary, who had- been dispatched five or
six days before him with the result of the nego-
ciations carried on at Vienna. The British and
Prussian Ambassadors displayed great activity,
and had frequent conferences with Counts Nes-
selrode and CapoD'lstria. It was also rumoured
that the Russian Emperor had been invited by
the Emperor Francis to a new Congress, and
that the Court of Vienna had proposed that Eng-
rand should act as umpire between Turkey and
Russia. Yet preparations continued to be made
for the departure of the Emperor Alexander, and
his repairing to the army. Fresh accounts from
St. Domingo, contained in these Papers, state
that the embargo had been raised from the ves-
sels of all nations except the French, and that
the sailing and arrival of the French vessel Le
Grand Amed6e was to be attributed to her hav-
ing false papers and passed for a Hamburgh ship.

[THE TIM ES.]
Do our readers recollect to have seen children
play at school a certain game called the " Siege
of Troy ?" the manner of which is, that one boy
describes upon paper various lines, with a thou-
sand intricate turns and involutions, enclosing
what he calls Troy town, through which another
is to trace the right passage to the centre : if the
latter either begins wrong or makes a wrong turn
in his work, he fails of his object, and comes out

again into the blank space ; and if he starts right
and succeeds in tracing all the twists of the ori-
ginal projector, then, indeed, he reaches the
middle, where, at-last, he finds nothing but a
large cross or a cipher to reward his labour.—

So complicated and so frivolous is the annuity
scheme of the worthy Chancellor of the Exche-
quer. It is generally thought that two parties
are necessary to a bargain ; but in the present
instance Government agrees with itself ; one por-
tion of the furOds is made to secede and enter
into a contract with that of which it before
formed a part, as if money could become more
by being divided and moved about from the Con-
solidated Fund to Trustees, and from Trustees
into the Excheq9er. However, there being, as
we observe, only one will to consult, the project
is likely, in the present condition- of the House
of Commons, to take.

r •
LMO NG HERALD.]

In our Parliamentary report or Friday night
we gave an, account of Mr. Vansittart'S scheme
for paying the Army and Nary Pensions; but,
as we have before mentioned, the payment of
these pensions is not to cease in the natural time
of about twenty years, but is, as Lord London-
derry expresses it, " to be spread over a surface

of forty-live yeais." The mode of performing
this"" grand financial operation," as it will pco-
bably be hereafter called (inasmuch as round-
about ways of •paying expences are, in these
enlightened times, called " measures of Fi-
nance"), is less objectionable than the mode
which was to have been proposed, had the

Chancellor been able to find a customer in the

South Sea,-- or any other moneY-lending Com-
pany ; 'but as be could find no customer, it be-
ing a profit in futuro, and as the Right Honour-
able Gentleman was resolved on some plan or
other, the one proposed pn Friday night, it ap-
pears, is to be carried into effect: It is' a schem-
ing business at best, and one which no nation,
boasting as England does of her Sinking Fund
and increase of Revenue, should enter into. Its
only tendency is /p increase the unnecessary ex-
penditure of the country, as, naturally, a certain
sum per annum for the forty-five years will be
paid to the Bank of England and others, for the
labour of 'receiving monies with one hand, and
paying them with the other.

[BRITISH PRESS.]
The speculators of the Stock Exchange on Sa-
turday, we uuderstapcl, were embarrassed by

doubts respecting the 'precise nature of the new
PenSion List Scheme developed .by the Chan-
cellor of the ExChequer in the House of Com-
mons on the preceding night. The principal
points of it appear to us perfectly plain and intel-
ligible. An annuity to the amount of 2,800,0001.,
for forty-five years, is granted to trustees, in con-
sideration of their undertaking to furnish, by four
equal quarterly payments in the year, the means
of paying the naval and military pension list,.
now amounting to 5,000,0001. but from the course
of human nature presumed to decrease annually
during that interval, at the end of which it is not
expected to exceed 300,0001. In order to fur-
nish this sum the trustees will have to sell in each
successive year a portion of the annuity equal to
the wants of the year; and to assist and facili-
tate the' operation, the Lords of the Treasury are
authorised to issue to them Exchequer bills
for -such sums as they may require, the same to
be paid from the sale of the annuity. The
extra sum to be provided for the first year
will therefore be 2,200,0001. with the prospect
of an annual decrease until the sixteenth year,
when, according to the estimate, the whole list
will be reduced to 2,790,0001. that is, nearly at
at par with the annuity, and after that period
the annual amount of the annuity will exceed
the demand, and the losing will become a pro-
fitable concern. The scheme is, therefore, a
loan for the relief of the country for sixteen
years, and imposing a burden on posterity for the
remainder of the term. It is a present loan, and
a future invasion of the sinking fund, and we
can see no good reason why the sinking, fund
should not be resorted to for the purpose in the
first instance.

[NEW TIMES. j
Admirable is the consistency of Reformers ! A
set of Gentlemen, who profess to be and call them-
selves Whigs, met together last Thursday to
countenance and support the political principles
of Sir Francis Burdett ! They of course are
ignorant that the worthy Baronet, not quite four
years ago, most solemnly pledged himself to the
insane and monstrous doctrines of Annual
Parliaments and Universal Suffrage !! Are
these the Whig doctrines\ of the present day ?
Does Mr. Ricardo, for instance, or Sir George
Robinson, or any other moderate Reformer,
wish lo see the population divided into 658
equal electoral portions, and the Representatives
removable at the will of their constituents ?
Political absurdity could not be carried further
than it was in Sir,Francis's Resolutions of 1818 ;
and he seems sensible of this himself, for he
never ventures to advert to that unhappy record
of imbecility. But surely his new Whig friends,
for their own sakes, should have required from
him a distinct retractation of his Radical doctrines,
before' they agreed to join him in commemo-
rating the pelting and mud-spattering which
their own party received at a...former West-
minster election ! Then, as to Sir Francis's fo-
reign politics ! Here again we have consistency
with a vengeance ! Are we not constantly told
that the great end of Reform is to deliver us from
Wars and Taxes ? But let us only listen to the
Quixote of the Crown and. Anchor ! Why have
we not assisted the South Americans ? Why
have we not rescued poor Italy from the
Austrians, miserable Greece from 'the' Turks,
and unhappy Poland from the Russians ?
Very edifying questions truly ! A. charming
crusade we should have had at once against
the Spanish and Portuguese Cortes, -the Grand
Signor, and the Emperors Francis and Alexander!
—And a pretty little addition all this would
have made to our national debt! Enormous
Taxation, says the Baronet, is the chief cause of
the distress of the country ; and therefore let us
madly plunge into wars drat must inevitably
double our taxes.