The Sun.
London, England, 1823-07-30 00:00:00

plan.

[NEW TiME9.]
The Speculators for a fall in the Funds con-
tinue to circulate alarms and rumours, which, so
far as we are able to judge, are without any.
foundation. Not one single fact has The Courier
yet advanced in support of its Satuillay's para-
graph. Nay, it.now candidly admits,." that the
threat of retiring behind the Ebro . may super-
sede the necessity of doing so," and that
" it Is not at all incompatible with this' intention
on the part of France, that the war should be
meanwhile carried on in Catalonia, Galicia,- and
Andalusia, with vigour;" in other words, that
there is not the slightestreason to doubt that the
military affairs of • the French in'Spain are pro-
ceeding suicessfully, and that all•the inferences
drawn by the Stockjobbers from the paragraph of
Saturday' were wholly groundless.—:Consols were
yesterday depressed te.Bof, by the rumour of
a British frigate having been fired into, and
;two of her crew wounded, by a French man
of war, in attempting to inter Cadiz ; hut' tio'stif-
ficient authority'being vouched for this'story, it
was soon discredited, and/ the Funds soon .reco-
vered their trine, and even'improved, the opening
price being 81, the closing 814.' In fact, it is
hardly to be conceived that any Captain of a
British frigate would have the madness to attempt
'to enter it port blockaded by sea and land—a
conduct which would deservedly expose him to'
severe punishment froin- his own Government.---
The prices of the French. Funds on Monday
were not received yesterday morning ; but the
French Scrip in our market shared in' the effect
of the general panic. At one time it was done
at par; but afterwards improved, and left off at
i per cent, premium. Colombian .Bonds delined
from 62 to 601.

[BRITISH PRESS.]
The history of unopposed marches into re-
joicing towns and villages In Spain, and the tales
of daily victories and successes, are at length no
more. Each day is now one of contest and
slaughter to the invaders—and hopeless contest;
for they are not gaining a foot of ground, and they
have no moral influence whatever. The powerful
and resolute sortie from Cadiz on the 16th
affords full proof of the force and determine-
tion of the Constitutionalists within the walls.
According to the French accounts, not three weeks
since, the Spaniards had no force within the Isle
of Leon, and scarce any artillery on the ramparts
of the city. It now turns out that 18,000 troops
are under arms for the Constitution in the Isla ;
that the fortifications of Cadiz are defended by
2,000 pieces of artillery ; that they have abun-
dance of provisions, and that by this time eighty
gunuboats, armed with eighteen, twenty-four,
and thirty-two pounders, are under sail, who will,
when they acti keep the blockading squadron at a
careful distance. Nothing, even from the French
account, could have been more' resolute or
better arranged than the sally from Cadiz. The
right column, it appears, about 2,000 strong,
passed the Canal by the Fort of St. Petri • three
other columns debauched by tbe'bridge of :Suazo
one, consisting of between 2,000 and 3,000 men,
with artillery, took the direction of Chiclana ;
another, composed of between 1,200 and 1,500
men, and 150 cavalry, advanced on the redoubt
of Ilelluno ; and a third, amounting to between
1,200 and 1,500 men, also marched on the Mill of
Oslo, which was fortified and occupied by a com-
pany of sharp-shooters. According to the French
accounts, in all these affairs, the Spaniards, not.
withstanding their confessed superiority in num-

ber and artillery, were every where repulsed,
with the loss of 4500 killed or wounded, while
the besiegers (t.i Pordinaire) lost only 16 killed
and 55 wounded, among whom were five officers.
Accounts fiom Bayonne to the 17th of July
speak of the transfer of Angouleme's Head-
quarters from Madrid to Seville. 'We have no
doubt that the French, in their own defence,
will be obliged to abandon the capital, and that
these reports are only the forerunners of such a
determination.