The Sun.
London, England, 1822-02-25 00:00:00

DIED.

On the 7th inst., at Florence, Charles Cazenove, Esq., late of
Copthall-court.
On the 23d instant, at her grandson's, in Horslydown, Mr .
Hannah Clarkson, aged 99.
On Saturday evening the 23d inst., after six years' painful
illness, Charlotte Davis, wife of Abraham Davis, Esq.. of Great
Queen-street, and daughter of the late Mordecai and Rachael
3lomon„ of Birmingham,

THE LONDON JOURNALS.

EXTRACTS FROM THE D ILY MORNING PAPERS,

February 25, 1822.

[THE TIMES.]

As the House of Commons-appears likely to
engage actively in economical reform, we trust
that abuses connected with the Colonies will not
be overlooked. If some active and indefatigable
Member would take up the public frauds com-
mitted in our colonial possessions, much good
would be done, and important checks imposed
for the future on those who have it in their
power to commit fraud, as well as on those whose
duty it is to expose the crime when committed.
We have heard, and can scarcely believe it true,
that there is a case, and that within a very few
years, of an Ordnance Storekeeper, on 10s. a
.day, having realized a large fortune, without any
other visible means than his pay—that although
his property was sequestrated for an amount
little short of 100,0001., and his inability to ad-
duce any accounts or vouchers established, yet
his quietus has been obtained, and he now lives
in a style of splendid magnificence in the house
of a deceased Nobleman. How this has *been
effected is best known to the parties ; but W 2
trust there is high colouring in the statement :
if there bv not, no feelings of peronal considera-
tion-should prevent independent Members from
exposing the delinquents.

The Roman Catholics of Roscommon and of
Clare have presented addresses of congratulation
to Lord Wellesley, on his assuming the Govern-
ment of Ireland. The Clare address, of which
we must guess at the purport from the answer to
it, appears to have been one of "expectation,"
as well as " congratulation." His Excellency
reminds the parties who presented it, that his
duty as Lord -Lieutenant is to administer, not to
alter, the law. Some gentle hint about Catholic
emancipation had formed, therefore, we presume
an item in the list of compliments. As for the
Roscommon composition, it was remarkable for
another incident attending its delivery, being
read to his Excellency by the renowned O'Connor
Don. We are almost in despair on the subject
of this potentate. We have no glossary of the
Erse, nor Court Calendar, nor Peerage of the
native courts of Ireland, of a date more ancient
than that of Earl Strongbow's expedition. Let
the Don and the O'Connor change -places, and it
will make all matters easy.—(Aid.)

[MORNING POST.]
The :Ministers' plan for reducing the Five per
Cents. continues to be approved by those most
interested in the business ; and, indeed, no seri-
ous obstacle to the project seems to be antici-
pated in any quarter. It is obviously founded
on the plan of 111 r. Pelham, in the year 1749, of
which the following is a brief sketch :

The amount of the 4 per Cont. Stock then to be reduced was
57,000,000. It was proposed that all holders consenting to the
reduction of interest should continue to receive 4 per cent.
until the 25th of December, 1750, and 31 per cent. until the
25th December, 1757, when the full reduction of 3 per cent.
would be completed. Those who assented to the plan were re-
quired to subscribe their names previous to the 28th February,
1749, with an extension of the period for cases of foreign resi.
dente, and other circumstances.. This plan was so successful
that it only became necessary to make a loan of about
2,000,000 to pay off all those who did not signify their consent
to the reduction of interest.

[MORNING CIIRONICLE.]
The silly attempts at smartness of Mr.troker,
on Friday night, the unsuitable mixture of figures
of arithmetic with figures of rhetoric, which ren-
dered his intellectual confusion only the more
conspietious, are eagerly caught at by the ad-
herents of \linisters, as a signal triumph on their
part. By the confession of all competent per-
sons, the public accounts are made out in such a
confused manner, that it is utterly impossible for
any one to know exactly the real state of the
nation's affairs. But there is not merely confu-
sion in the case,—an account is given in one day
differing materially from one relating to the same
subject given in on a former day. It will appear,
no doubt, that Mr. Croker has contributed his
share to the production of this confusion ; for the
Navy Estimates are. particularly liable to the
charge to which we have alluded. The Hon.
Secretary, however, is the first to take advantage
of the blunders of his own department. Mr.
Hume had stated, that the sums expended in
building and repairs of ships since the war were
most enormous—not less than 17,000,0001.—
On this Mr. Croker remarks—" The Ho-
nourable Member must have mistaken stone
for wood, land for water, store houses for
ships, and the building of the works at Sheer-
ness for the fitting out a fleet of first rates. He
would give to Mr. Hume all that he asked for, if
he should prove that 7,000,0001. instead of
17,000,0001. had been expended since 1817 in
the building and repairing of ships." Mr. Ilunie
is not a man to make a statement of this sort
with the levity with which the Hon. Secretary
can controvert it, and he was therefore not at all
affected, by this gasconade, but,entered into such
an enumeration of the particulars as the accounts
laid before the House enabled him to make, and
repeated that the whole charge including repairs
was 17,000,7021. and that if the Hon. Secretary
was not. satisfied of the fact, he would this day
move for all the Estimates, and he (Mr. C.)
should have an opportunity of laying them on
the .Table. We shall soon see, therefore, to
whom the charge of inaccuracy attaches; and in
the mean time we may. remind the Treasury
Gentlemen of- Lord Londonderry's favourite
adage, not to halloo before they are out of the
wood. They do not surely expect that Mr.
Hume should be responsible for the blunders of
Mr: Croker and those under him.

[BRITISH PRESS.]
The plan proposed by the Ministers for pay-
ing off the five per cent. annuities has produced
a very favourable influence upon the state of
other stocks. The four per cents. rose on Satur-
day.to 981, and the three per cent. consols to
79k. All the foreign stocks likewise experienced

the beneficial effects of the new arrangement.—
The decrease of interest derivable from the
English funds iis already beginning to impel Bri-
tish capital into the foreign markets ; we may
thende perceive that the new arrangement is not
likely to be attended with at least one of the ad-
vantages anticipated, by the Ministers—namely,
that of facilitating to ',the distressed agriculturists
the procurement of literacy at a reduced rate of
interest. The French five per cents. had in
Paris, on Thursday, risen to 90 francs, 70 cents.
and in this market were negociated on Saturday,
at so high a rate as 91 fr. 50 c. Every other spe-
cies of foreign stock has advanced,and even Span-
ish bonds have experienced an improvement.—
We have since our last again examined the plan
of the Ministers, and perceive that the equiva-
lent offered in exchange for the five per cents.
will 'be invested in the new stock, not at the
market price of the four per cents., but at the
nominal amount of the stock offered. Thus for
one hundred millions of the five per cents. will
be given one hundred and five millions of the
new four per cents. ; the bonus therefore will be
five per cent., and the increase,in the capital of
the, debt will amount to about seven millions,
paying an annual interest of 280,0001. This is
a very considerable enlargement of the national
debt, but it is of little importance compared
with the progressive increase in the amount of
debt payable by the public, which since the
return of peace has been effected, apparently
without much general attention, by the great
rise in the funds. For this rise the Ministers
are continually labouring, and when it occurs it
is made a matter of load exultation, as if it were
an eve?t from which they or the country were to
derive,very considerable advantage. We are fully
aware of the trite arguments usually urged by the
advocates fur this rise ;—that it reduces the.value
of money, and that in proportion as this is accom-
plished, capital is withdrawn from the funds to be
employed in commerce, manufactures, agriculture,
and the general promotion of productive industry;
but this supposition, however plausible in theory,
is not supported by the true principles of political
science, or the results of our ordinary experience.
It is not the difference of one or two per cent.
in the returns of capital that will induce the
capitalists to employ their money in trade or
agriculture. Our commercial and landed interests
present at this, moment very little to tempt specu-
lation ; they shew no prospect of large gains to
tempt avarice, nor of sudden profits to counter-
balance certain risks. The employment of capi-
tal in agriculture just now would probably be
attended with loss, and if three per cent. were re-
turned by commerce, our merchants and manu-
facturers would have but little cause to complain.

[NEW TIMES.]

In declining to offer any opinion of our own
on the plan for reducing the Five per Cents., we
were actuated by a confident expectation, that
a few hours would furnish us with the best cri-
terion of its excellence, in the general approba-
tion of the Monied Interest.—This expectation
has not been disappointed. Had the factious
anticipations of The Times and Chronicle pos-
sessed the least weight, the impression on the
Funds would have been instantaneous and deci-
sive ; and the fall, not merely of the Fives,
but of all the other Stocks, would have been
such as to place beyond a doubt the failure
of the plan. But the fact was the very re-
verse. The Fives, which previously to the no-
tification were at 101:f, have since fallen to
103-,T-, between which price and 101, (which
at the present price of the Four per Cents. is
their value by the proposed plan) they have since
been fluctuating. Consols meanwhile, far from
declining, have improved about 1. per Cent., the
market closing on Saturday at 791 for the pre-
sent Account, and at 791 for the April Account.
We shall not pretend to anticipate the statements
which the Chancellor of the Exchequer will have
to make this evening in the Committee; but
perhaps it may not be amiss to notice shortly the
principles on which such reductions ought to
stand, and the precedents by which they are
sanctioned. The great leading principle we take
to be that stated by the celebrated and patriotic
Sir John Barnard in 1749. He says, " when-
ever money can be borrowed, cheaper than
the interest paid by the public, it is incumbent
on the Parliament, (with great deference be
it spoken) and what the nation have a right
to expect from them, to make use of the op-
portunity, in order to give the people in
general all the ease in their power."—The
only question of fact, then, to be ascertained
in the present instance is, whether money
can be borrowed cheaper than the'interest paid
by the public to the holders of 5 per Cent.
Stock; or, in other words, whether 5 per Cent. be
the fair market-rate of interest in this country, at
thepresent time, independently of legal enactment.
If it be, we admit that an attempt on the part of
Government to convert a 5 per Cent. Stock into a
4 per Cent. one, on the terms proposed, must at
best be nugatory. But we conceive few things
are clearer than that the fair market rate of in-
terest in England, at present, is little, if at all,
above 4 per Cent.' Interest is the price paid for
the use of monied capital, as rent is the price
paid for the use of landed capital; and, in both
cases, that price must be regulated by the pro-
portion of the supply to the demand. It would
be idle to argue on the self-evident proofs of an
abundant supply. The price of Stocks for some
time past, though under various circumstances of
an adverse nature, has alone sufficed to show
that abundance of money may be commanded for
investment at even a lower rate than Four per
Cent. ; it follows, therefore, that the Govern-
ment is doing no more than bare justice between
the fundholder and the people, in proposing the
present reduction.—The measure has been at-
tacked, as most Government measures are, upon
two opposite grounds, and, what is by no means
uncommon, the opposite objections have pro-
ceeded from the same source. The Fundholder
has been called upon to resist its as an attempt
to defraud him of a part of his income, to the
benefit of the people; and the people have been
called upon to reprobate it as loading them, for
the benefit of the Fundholder, with an addition
to the capital of the debt. •

FROM THE LONDON GAZETTE, FEB. 23.

WHITEHALL, FEB. 20, 1822.

The King has been pleased to grant to the Rev. J. H. Monk,
Bachelor of Divinity, and Regius Professor of Greek in the
University of Cambridge, the Deanery of his Majesty's Cathe-
dral Church of Peterborough, void by the death of the Rev.
Dr. T. Kipling, late Dean thereof.

CROWN OFFICE, FEB. 23, 1822.
MEMBERS returned to serve in this present Parliament.
Borough of Blechingley—The Right Hon. Francis Leveson
Gower, commonly called Lord Francis Leveson Gower, in the
room of the Hon. Wm. Henry Cavendish Bentinck, com-
monly called Marquis of Titchfield, who has accepted the
Chiltern Hundreds.

County of Montgomery—The Right Hon. C. W. W. Wynn

MILITARY PROMOTIONS.
WAR OFFICE, FEB. 22.

16th Regiment of Light Dragoons, John Edward Wylde
Browne, Gent. to be Cornet, by purchase, vice Cannon, whose
appointment has not taken place.
Ist or Grenadier Regiment of Foot Guards, Lieutenant-
Colonel Peter Hodge, from the 29th Foot, to be Captain and
Lieut.-Colonel, vice Stanhope, who exchanges.
Ist Regiment of Foot, Lieut. Joshua John Pounden, from
half-pay 55th,Foot, to be Lieutenant (paying the difference),
vice .Everett, appointed to the 33d Foot.
3d Ditto, Captain John Rolland, from half-pay 3d Dragoon
Guards, to be Captain, vice Richard Wheeler Hooper, who
exchanges, receiving the difference.
13th Regiment of Foot, Major Wm. H. Dennie, from the
22d Foot, to be Major, vice Holgate, who exchanges.
22d Ditto, Major Bennet Holgate, from the 13th Foot, to be
Major vice Dennie, who exchanges..
29th Ditto, Lieut.-Colonel Hon. James Stanhope, from the
Ist or Grenadier Regiment of Foot Guards, to be Lieutenant-
Colonel, vice Hodge, who exchanges.
33d Ditto, Lieut. William. Everett, from the Ist Foot, to be
Lieutenant, vice Samuel Alexander Pagan, who retires upon
half-pay 55th Foot, receiving the difference.
36th Ditto, Lieut. William Peacocke to be Captain, by pur-
chase, vice Campbell, promoted.
44th Ditto, Lieut. R. R. Halahan, from half-pay 80th Foot,
to be Quartermaster, vice lienry Jones, who retires upon half-
pay. . .

LOth Ditto, Lieut. George Bartley to be Captain, without
purchase, vice Jauncey, deceased ; Surgeon Christoper Gill,
from the 61st Foot, to be Surgeon, vice Jones, deceased.
58th Ditto, Hospital-Assistant Joseph Huey to be Assistant-
Surgeon, vice St. John promoted in the 61st Foot.
59th Ditto, Brevet Lieut.-Colonel G. Warren Walker to be
Lieut.-Colonel, without purchase, vice 11.14Leod deceased.—
Brevet NI ajor George Halford to be Major, vice Walker.
61st Ditto, Assistant-Surgeon Charles St. John, from the
58th Foot, to be Surgeon, vice Gill, appointed to the 50th
Foot.

77th Ditto, Ensign William Congreve, late of the 2d Foot,
to be Ensign, without purchase, vice Byrne, promoted.
78th Ditto, Lieutenant George Mitchell, from half-pay 92d
Foot, to be Lieutenant, vice Alexander Viraters,who exchanges,
receiving the difference.
87th Ditui, Lieutenant James Bowes to be Adjutant, vice
Carroll, promoted.
88th Ditto, Paymaster Philip Vyvyan Robinson, from half-
pay 69th Foot, to be Paymaster, vice John Grosser, who ex-
changes.
Ist Royal Veteran Battalion—Lieutenant Thomas Blood,
from the Bth Royal Veteran Battalion, to be Lieutenant, vice
Lynch, whose appointment has not taken place.
2d Royal Veteran Battalion Captain Hugh Brodie, from
the late .10th Royal Veteran Battalion, to be Captain.
3d Royal Veteran Battalion—To be Captains, Capt. Henry
Frederick Courtenay, from the late 10th Royal Veteran Bat-
talion:—Captain Joseph Roche, from the late 10th Royal Ve-
teran Battalion.
BREVET.—Captain Thomas Hodgson, of the Honourable
the East India Company's Service, anti employed upon the Re-
cruiting Service of that Company, to have the temporary rank
of Captain in the Army while so employed.
HOSPITAL STAFF.—Deputy Inspector Thomas Draper,
from the half-pay, to be Deputy Inspector of Hospitals.
To be Physicians to the Forces, Physician John 111.4 Mullen,
M.D. from half-pay.—Physician Edward O'Leary, M.D. from
half-pay. _ _

EMORANDtJM.—The Christian names ofCornet Nl'Dowall
who was appointed to the Ist Dragoon Guards, on the 17th
ultimo, are John Andrew.

BANKRUPTS.

A. Joseph, Magdalen-row, Prescott-street, Goodman's-
helds, merchant, to surrender Feb. 26, March 5, and April 6,
at one, at the Court of Commissioners. Attornies, Messrs.
Williams and Goddard, Gray's lnn-place, Gray's Inn.
J. Pearson, Manchester, joiner, March 8,9, and April 6,
at two, at the Albion Hotel, Alanchester. Attornies, Messrs.
Adhngton, Gregory, and Faulkner, Bedford-row, London ;
and Messrs. Law and Coates, Manchester.
U. Russell, Rochester, Kent, wine-merchant, Feb. 26, March
5, and April 6, at twelve, at the Court of Commissioners.—
Attorney, Nlr. Rippon, Great Surrey-street, Blackfriars'-road.
T. Boucher, Cheltenham, Gloucestershire, cabinet-maker,
Feb. 26, illare 5, and April 6, at eleven, at the Court of
Commissioners, London. Attorney, 111 r. Patten, Hatton-
garden. _

J. H. Tucker, Jermyn-street, St. James's, chemist, March
5, 12, and April 6, at twelve, at the Court of Commissioners.
Attorney, Mr. C. Nirright, Fenchurch-street.
J. Child, Aldermanbury, hosier, March 2,9, and April 6,
'at ten, at the Court of Commissioners. Attorney, Mr. Hind-
man, Basinghall-street.
J. Smith, North-street, Westminster, tailor, March 2,9,
and April 6, at twelve, at the Court of Commissioners. At-
tornies, Messrs. Tilson and Preston, Coleman-street.
W. and J. Scarth, Morley, Yorkshire, merchant, March 4,5,
and April 6, at eleven, at the Court House, Leeds. Attornies,
Mr. Wilson, Greville-street, Hatton-garden ; and Messrs.
Smith and Moore Leeds.
A. Andrade and T. Worswick, Lancaster, bankers, March
12, 19, and April 6, at ten, at the King's Arms Inn, Lancaster.
Attornies, Messrs. Ravenhill and Crook, Princes-street, Bank;
and Messrs. Wilson and Higgin, Lancaster.
A. Andrade, Lancaster, banker, March 11, 20, and April 6,
at ten, at the King's Arms Inn, Lancaster. Attornies, Mr.
Ingleby, Lancaster ; and Mr. Beverley, Garden-court,
Temple, London.
R. Clough, Sharpies Bolton, Lancashire, calico printer,
March 13, 14, and April 6, at ten, at the Bridge Inn, Bolton.
Attornies, Messrs. Adlington, Gregory, and Faulkner, Bedford-
row • and NI essrs. Boardman and Merry, Bolton.
111. Hardy and J. Dale, Manchester, warehousemen, March
11, 12, at ten, and April 6, at three, at the Bridgewater Arms
Inn, lanchester. Attornies, Mr. J. Higson, Manchester; and
Mr. R. Ellis, Chancery-lane.
T. H. Harbin, Mainhead, Devonshire, dealer, March 12, 13,
and April 6, at eleven, at the Seven Stars Inn, St. Thomas the
Apostle, Devonshire. Attornies, Messrs. Collett and Co. Chan-
cery-lane ; and Mr. Z. Turner, Exeter.
G. Blyth, W. Blyth, and F. Blyth, Birmingham and Liver-
pool, merchants, March 14, 15, and April 6, at eleven, at the
Royal Hotel, Birmingham. Attornies, Mr. J. Alexandra, Ca-
rey-street, Lincoln's Inn-fields ; and Messrs. Lees and Hunt,
Birmingham.
S. Carter, Rattlesden, Suffolk, grocer, March 7, at seven, 0,
and April 6, at eleven, at the Angel Inn, Bury St. Edmunds,
Suffolk. Attornies, Mr. W. Ransom, Stowmarket; and Messrs.
Dixon and Sons, Gray's Inn.
J. I. Cossart and P. Cossart, Ciement's-lane, wine Merchants,
March 2,9, and April 6, at eleven, at the Court of Commis-
sioners. Attornies, Messrs. Richardson and Miller, New Inn.

T. Morton, Nottingham, lace manufacturer, March 6,7, and
April 6, at twelve, at the Ram Inn, Nottingham. Attorney,
Fearnhead, Nottingham ; and Messrs. Ilurd and Johnson,
Temple, London.
W. Trace, Exeter, factor, March 11, 12, and April 6, at ele-
ven, at the Globe Tavern, Exeter. Attornies, Mr. H. T. Shaw,
Ely-place, Holborn, London ; and Mr. J. Terrell, Exeter.
J. Swift and T. Swift, Huddersfield, Yorkshire, merchants,
:lurch 26, at six, 27, and April 5, at ten, at the George Inn,
Huddersfield. A ttormes, Alr. J. Battye, Huddersfield; and
Mr. R. Battye, Chancery-lane, London.
W. Taylor, Great Yarmouth, surgeon, March 1, at seven, 2,
at ten, and April 6, at twelve, at the Crown and Anchor Ta-
vern, Great Yarmouth. Attornies, Messrs. Swain, Stevens,
Maples, Pearse, and Hunt, Old Jewry, London ; and Mr. N.
B. Palmer, Great Yarmouth.
W. Earle, Church-street, Rotherhithe, victualler, March 12,
19, and April 6, at ten, at the Courtof Commissioners. Attor-
ney, Mr. Saward, Paradise-row, Rotherhithe.
It. P. Alvin, Elm-street, Gray's Inn-lane, ale brewer, March
5, 12, and April 6, at twelve, at the Court of Commissioners.
Attornies, Messrs. Fielder and Bartley, Duke-street, Grosvenor-
square.
DIVIDENDS.
March 18, B. Hewitt, E. Bowman, and J. E. Bowman,
Nantwich, Cheshire, bankers—March 20, J. Irwing, jun. Car-
lisle, grocer—March 19, J. Davies, Mitcheldean, Gloucester-
shire, draper—March 21, T. Meatyard, Fontmell Magna, Dor-
setshire, dealer—April 1, J. Smalpage, Leeds, woollen draper
—March 15, C. Grinsted and J. Lanham, Horsham, Sussex,
bankers—March 18, W. Biggar, Manchester, brazier—March
16, J. G. Flowers, Leadenhall-street, tailor—March 25, T.
Clay, Worksop, Nottinghamshire, grocer—March 16, J. An-
derson, West Smithfield, bookseller—March 16, R.. Friday,.
jun. Isleworth, barge master—March 16, T. Douglas, City of

COUNTRY MARKETS AND FAIRS,

DURING THE LAST WEEK.

LIVERPOOL CORN EXCHANGE, Feb. 19

Our import this week has been moderate, and the lowness
of pricei has induced some speculators to come into the mar-
ket, who have taken several place's of Wheat out of it. Our
Hour dealers were also anxious to purchase, but unwilling to
give any advance upon last week's prices, which were fully
maintained, as well as fur Oats, which were likewise in good
demand. There was little doing in other articles ;‘ they no-
minally remain -as on this day se'nnight.
Wheat, English,Old
. New 7s Oda Ss 6d
Ditto sound Os Od a Os ad
Scotch, Old 9s Od a 9s 6d
Foreign (in bond) Os ad a Os Od
Irish, Old ... Bs 6d a 9s Od
New 6s Od a 7s 6d
Barley, English, Old
New
Irish, Old
New
Scotch, Old 3s 9d a 4s Od
New
Oats, Potatoe, Old
New 2s Sd a 2s 9dl
Limerick, Old 3s 4d a 3s 5d
New
Welsh, Potato,Old 3s 4d a 3s 5d
Malt, Fine ... fls ad a9s 3d per 36qts.
Ditto, middling 7s 6d a 8s 6d
Beans, Old
New 2ss Od a 27s Od
Superfine Flour, Old • 44s Od a 46s ad per 2401b5.
New 3ss Od a 37s Od
Oatmeal, Old 2Bs Od a 30s Od
New 26s Od a 28s Od
American Flour, sweet, (in bond);.2ss Od a 26s Od per barrel
of 1961b5. net.—Sour, (out of bond), 37s a 38s.
Import of Grain for,the Week ending Feb. 18.
Wheat .1 Barley I
Mb Oats Itm Flour I Scks Irish.
Bsh. 70Ibs. Bib. 601bs. : 45Ibs. A.& is. per 2401b5.
45,020 2,347 . . 34,500 1,J70