The Sun.
London, England, 1824-08-30 00:00:00

We can imagine the despair or the gerviles and
Ultras all over Europe at such a castigation—we
can paint to ourselves (for he who writes this
statement knows the man)—we can paint the
fury of Pozzo di Borgo, that old pensioner of the
British Government, when he hears the catastrophe
which has befallen his plots and manceuvrings for a
" Spanish loan." Pozzo is the main mover of legiti-
macy throughout the west and south of Europe : his
political principles are no disgrace to the memory
of his defunct cousin; and in the various arts and
quackeries of mischief, he almost exceeds him.
It is this mercenary who has made himself the
busiest in pushing forward the " Spanish loan ;"
but his overbearing importunities with the mer-
chants here, who are in any way connected with
the Russian Government, have failed, like his
other expedients : so that a rope, or a strait-
waistcoat, is all that remains for Pozzo. As for the
second and third rate houses, who may be dis-
posed to catch at any contract, the commission of
which they would secure for themselves, and its
risk and ruin for their subscribers, they will do
no harm—the burden is altogether beyond them.
But, among the multifarious devices for bringing
some sort of a bargain to a conclusion, it is an in-
teresting fact in natural history, that, in spite of
his embarrassments, his necessities, and his ter-
rors, the only shape which Ferdinand has never
worn--the single disguise which he never once
thought of assuming was that of an honest man.—
One of the conditions proposed on his behalf was,
that no mention whatever of the Constitutional
Bonds should be made in the contract ; that the
contractors should lend at 75 per cent., but pay
cull to the amount of 45 only, and employ the
rest in a furtive contrivance to take the Bonds
out .of the market. This would allow 30
for the securities of the Cortes. A second scheme
has been to call in the bonds at twenty-five per
cent., and make a separate contract for the new !
There may, it seems, be habits of knavery so in-
veterate, as to make men ashamed of a single up-
right action ; and that such consequences may, in
the present instance, have resulted from such a
course of dealing, we are the more inclined to
think, from its being notorious, that for many
years before the era of the Constitution, Ferdi-
nand paid not a farthing of interest on the greater
portion of the Spanish debt; and one description of
Royal security (viz. the vales reales) has long been
at a discount of 90 per cent.! Since his restoration,
the crowned Insolvent has " dealt out impartial
treachery " to friend and foe, not paying a single
dividend on any one loan, Constitutional or
Royal, with the exception of that humbug called
Guebbardes, at Paris, when the contractor re
served money in his hands from time principal of
the loan, to satisfy a certain number of dividends.
However, if it be thought that foreign capitalists,
foreign prudence, or the honour and integrity of
English money-dealers, have held up to the
despotic Government of Spain a too strict and im- •
practicable standard of public credit, there is
another test by which Spaniards, at least,
cannot well decline to be appreciated.—
Perhaps there may not be in• any country
in Europe (this alone excepted) a more affluent;
body of merchants than Spain herself can
reckon. Why have not they, individually or col-
lectively, come forward to meet the,„;:vuaindtsiolufvt;eir
own Sovereign ? No, not a dollar would OEI
advance. They ate too much. .behind the
scenes ; they know what they to
trust to. An immodest .rnelidicant;VieiiiHiS , tilts
bankrupt of the house ofrnourbon, to 'solicit from
strangers, who hate, him, that relief .whi-ch he is
refused by his own subjects,, !".
The next attempt will fielifis, le-,madeinParis
but, please the fates, we shall.be-in dtme,season
at our post. ,L.

The following is an extract from
,a letter
written by a distinguished officer- employed at
Jamaica :—" Port Royal, July 12
We have
been threatened with a Negro War here lately,
but I am happy to say that all is quiet again, :at
least so far as can be seen ; but, owing ,11`"
discussion of Parliament, as well as the t 3 t
agitation of the question of making the slaves
free (out of Parliament), the minds of that class
of being are very much unsettled in this island
just now. Sir JOHN KERN, by his promptitude
and decision, aided by the exertions of another
excellent officer, Capt. IlAttats, of the Hussar
frigate, soon quieted the fears of the inhabitants
of that part of the island (Savannah la Mer)
where insurrection was dreaded, by instantly
proceeding personally to the spot, and carrying
with them, in the Hussar, one half of the Gordon
Highlanders to back them. They have returned
to Porte Royal, after having done their business
well, but without any bloodshed in fighting."
Wednesday se'nnight, between six and seven ,
o'clock, as two flats belonging to the Earl of
BRIDGEWATER, the Ranger and Memel, were
tacking down the river from Runcorn, they ran
foul of each other opposite Garston, when the
Memel sunk. Of four men on board, two met
with a watery grave ; the other two were saved.
One of the men who thus perished was a fisher-
man from Runcorn ; the other belonged to the
flat.

A terrible conflagration took place at Havre
on the 11th inst. It broke out (though how occasioned is un-
known) in the extensive warehouses of M. Rosenberg. Eight
hundred and seventy-two bales of cotton wool were totally con-
sumed,. and the buildings rendered a mass of rubbish. The
total loss is estimated at nearly 20,0001. sterling.