The Sun.
London, England, 1814-02-01 00:00:00

tit t• 'EE iM 13 ,1#.1.1:

" the National Register'' 'of Sunday last.]
STIi JAN. 1814.
tt 6 all up—tonimercial houses ire fan*
*ith the tremendous trash of a political 6irth-
4lkake. Scarcely can we reckon six that are stand-
ing, VIZ. t AGUENAULT and Co. MALLET -
thets), PERhEGAUX, LAFITTE and Co. 11 OMOI./GE-
MONT DE LONVEMBEitb, DELESS"EiIT and Co. and
another beginning with a D, some say the house
of Dontousa.. All the others Are either deficient
or in agonies. You and I, my dear friends are
amongst the latter, and I greatly fear must soon be
buried with the former. All trade is at a stand.
This is the unfortunate result of the license sys-
tem, and all houses which have meddled with it
'are now the victims of it. Sugars and coffee do
not fetch the duties, and indigo has been' Offered
on 'Change et any price—but no purchasers.—
Gold bears a premium of. 7per cent. in exchange
for silver. The Bank has stopped its payments,
or, what is little better, pays hardly 500,000
francs a-day. The Directors have published-a
fine Report concerning its situation ; they say
they have only 38 millions of francs out in Bank
notes, and that the amount of accounts current is
-4,nly 6 millions , that' the amount of their ready
money is 14 millions, and that of bills is the port-
folio 31 millions. As. to the ready, money, 6 mil-
lions must go immediately to . discharge the
cheques of Merchants anti Bankers who have ac;
counts current with the Bank ; there, will then re-
main only 8 millions to answer the demands which
can be made out of the 38 millitins of Bank' notes
in circulation. To
.be sure, they have taken el.
good way to prevent a quick call, as few people
are fond of going to the Mayor of their quarter
for a number, for fear of sliming that they have
any money. As to the portfolio of the Bank, peo-
pie think of it as they do of the portfolio Of the
Minister for Foreign Affairs, which contained.do-
cuments relating to- the negociations for-peace-7
they have not seen the contents ! Besidcs, we are
inclined to think that the 31 millions in question,
as well as the 111,500,000 of tire prim tive capi-
tal and reserved profits, are almost entirely coin
posed of "• orders from :Government on the Re-
ceivers-General of Districts , (dele-gatiOns sat- .les
reeeveurs generatix des.Upartements) upon which
the-Bank
.has been compelled to advance moneyby anticipation "on the revenue of tire State. You
know, my friend, as well as myself, that Govern
meat may (and it would not tr.! the: first time they
have done it) order the Receivers-General to
send 'time amount of their receipts into the treasury,
and dishonour the orders upon them ;—further,
m some of the.departents are. already in tine Power
of the enemy.—Jadge of our situation. It is
rumoured, that a Mr. Dr. BER,*, nephew of a great
house, now in your country, has lately arrived in
the Island of Hedic,'.some say in Brittany, and
that people begin to prick up
.their
enemy pressing upon us-;.' Bankruptcy,,at home,
and these, perhaps, only the prelude of intestine
wars.—Judge, judge., my friend, of our enlister--
natio ..---Your rife. is very melancholy, the chil-
dren pretty well, but seem to partake in their
mother's sorrow. l'have given her as much nio-
ney as I could-spare. Adieu! May we soon shake
hands together, and see better days."
We do not know whether this may not apply to the
Duhe of Berm, who is nephew to Lours XVIfI. The Island
of Iltdic is close to the coast of Brittany."