The Sun.
London, England, 1822-06-29 00:00:00

that their interests, those of Spain, and in general those of all
!Alter nations coincide in the same point.
hlis Catholic Majesty, by this simple and natural means, has
removed the only obstacle which could prevent the most com-
plete union between the policy of Spain and that of other Ca-
binets. A Government that is solid and stable, recognized, and
the faithful observer of treaties, is disposed to negotiate with in-
surgent provinces of America, and offers to other nations the
greatest commercial advantages. It would be impossible to
I,oint out (though the question were reduced to a simple calcu-
ation of interests) an object which could serve as a counterpoise
In the opposite scale.
Civil war and anarchy, which are often the consequence of
revolution, and more particularly when, as in America, its
elements are heterogeneous and opposite, are assuredly not cal-
culated to increase the exchangeable productions of a country,
nor to attract foreigners, by offering them that safety which
leaves no doubt, and which is the soul of commerce ; neither
can vacillating Governments do it, precarious in their nature
and without guarantee, which cannot themselves secure the
advantagesh which they themselves present. Buenos Ayres,
abandoned to itself, has endeavoured in vain, for the last 12
,jears, to consolidate a Government. The wretchedness and
,erepulation of the provinces of the Main, instead of advancing,
removed to a greater distance the epoch of their prosperity
4.11(1 their riches. In affairs of this nature, and when facts
(atinllie to the support of reasoning, it is useless to oppose vague
ilindefinite hopes to certain and known results.
the
ut it appears that a new calamity has arrived to increase
evils which might have been foreseen. The insurrection
on the Ameri, an Continent has favoured piracy on the seas.—
eneral commerce begins to fed the want of security, and the
dangers of this war, which knows no other laws than those of
Zeh-interest, and pillages indiscriminately the industrious citi-
of all nations.
:rhus by an admirable concatenation of facts, every thing
definitive to demonstrate the utility, nay, even the urgency, of a
arrangement in an affair which has such vast and pra-
t'lnnd ramifications ; and every thing contributes to press upon
sets 11a,Government Parrish the folly of retarding, through any
ynuary motive a transaction so important.
is Catholic Majesty, in entering upon this frank and ami-
ableaoh.te negotiation with the insurgent provinces, expects, with
sgreatest confidence, to find in all Governments, that circum-
Pection and that reserve of conduct, prescribed by justice, re-
eParstmiended by policy, and inspired by sentiments of impar-
t" lity and good-will.
hen the Spanish nation endeavours to put an end to this
tri3Stie misunderstanding, the same inviolable respect which
the professes for the rights of other nations, inspires her with
ea Just confidence of being treated with similar consideration
atl
- regard. She cannot even suspect, on the part of those who
tdesire to preserve friendship and good understanding, any step
i'lkzarded, which might suppose the question already resolved,
h e decision of which belongs to Spain alone, in making use of
tler legitimate and recognised rights, which she has never re-
.l.°ltheed. In this state of things, the steps taken to engage dif-
Jent
Powers in a recognition of the independence of the insur-
nnt Powers of America, will present, on the contrary, a solemn
ncteasion to sanction the fundamental principles on which the
s-4?gritY of territory, the repose of nations, and the public mo-
,,
L,l of governments are founded.
ue text and spirit of treaties—the good faith which ought to
let,
~n between powers in amity—the conviction of a duty equal-
snPPorted insurgent a eneral and temporary policy—the real
welfare
vm, of the provinces—and even the general ad-
'`ge of all the Powers, affbrd to his Catholic Majesty as
nY guarante that his laudabe deires will tind among his
• -gust allies the most favourab elands most friendly reception.

"+" For SIDNEY, Letter XIV., see the Fourth Page.

PRICE OF STOCKS
74ircILZ.IcRe'rdli IS
DAY AT ONE O'CLOCK.
-,R
80i 80 India Bonds
t Per Cent. CS. on . shut South Sea Stock shut
06 per Cent.
4 per Cent. I Old
5.‘ tier Cents.llNT.lew 'Jai New Annuities shut
3 per Cent. 1751 shut
I Ex. Bills 2 pr.
Ranking Ann.
P. 6 per Cents. Cons. for Acct. 81a 81 81i 81

•
PRICE
of FOREIGN STOCKS IN LONDON, JUNE 28.
French Five per Cents. 91 50.
Prussian Five per Cent. Bonds, 87.
Old Bonds, 1001.
Colombian Six per Cent. Bonds, 83.
Ditto Scrip, 831.
Spanish f Five per Cent. Bonds, 61i.
( New Ditto, 6111.
Danish Five per Cent. Bonds, 87i.
Neapolitan Five per Cent. Bonds, 73.
Russian .f Six per Cents.
1 Five per Cents. (Metallic) ni.
Ausli trian Five per Cents. (Metallic).
Chi 80.
Russian 13.

NEW YORE.
May 29,1822.
104
73
nothing done.
Ditto.
102}
102
104
107 i 1061
103 i 104
Diver. from
April, 1822.