The Sun.
London, England, 1824-07-09 00:00:00

THE LONDON: JOURNALS.

DAILY
Extracts from etc Morning Petpers, July D.

• Enna Tistml
The French Papera of Taesday are -as desti-
tate of news as, those of Monday, though a . kind
of panic still continues- in the Money Market,
which would require some news for its explana-
tion. The 'journal des Dant: fills four columns
and a half of its paper with a severe criticism of
the conduct of the present Administration. In a
former article it had endeavoured to prove that
the present Ministry offends the genius of
Prance : the present article is intended to este!).
liih the position that it is equally opposed to the
spirit of institutions.. Both articles are
said to be written by M. de Chnteaubriand; but
if so, why did he not make these discoveries
earlier ?---The fall •of the French: Funds has
furnished a new ground of attack against M. de
Villele, by the above-mentioned journal. The
cause of that fall was, in part, the report of an
intention to send English troops to Portugal, and
the apprehension that an expedition of such auxi-
liaries might be displeasing to the Holy Alliance.
Such alarms," says this Paper, " could not
66 have been entertained under the Ministry of a
66 man, whose noble and frank character secured
44 confidence, and rendered communication more
44 easy. If M. de Chateaubriand had therefore
continued in the Cabinet, Don Miguel would not
have rebelled, nor .would his Faithful Majesty
have looked to his old Ally for-assistance.

[stottriirw eon.]
We received last night Paris Journals to the
sth inst. with the Etoile of Wednesday. The
fall of the French funds continued. On Tues-
day they closed at 98 francs 50 cents. or one
half per cent. lower than on the preceding day.
From the degree of alarm which prevailed, and
the determination of the capitalists who had sold
out ,when they feared that the interest would be
reduced, not to buy in again unless they were
sure that the idea of a future reduction was en-
tirely abandoned, it was considered scarcely
possible to check the rapid decline which was
taking place. The Chateaubriand Party are
evidently highly gratified on the occasion, though
they pretend to lament the ruin which had
already been incurred. CC The events of this
day," says the Quotidienne, " the tremendous
shock experienced, the disorder of affairs on
the Stock Exchange, add an afflicting weight
to the serious objections which we urged yester..
day against the political system adopted by the
Ministry. Henceforward every one may know
how many uncertainties anti dangers surround a
financial Power. What is to become of a State
the whole. strength of which rests on the mobi-
lity of public credit ? Whose eyes are yet not
opened to the consequences and nature of the
late project of law ? Is it not now clearly I
Le•
monstrated that the high price, through the
means of which it was intended to effect the re-
imbursement of the lientes, was fictitious, and
created only to answer the purposes of specula-
'tors ? The mere publicity of the project of law
has produced, notwithstanding its rejection, the
sad results which we now have before us. The
Interest which supported the /tentes at so high a
'price no longer existing, they are fulling' back to
their real value, and their fall is rapid. It is
ruinous for those who, trusting to the assurances
and promises of Ministers, followed the stream,
end gave way to the mania which they excited
with the intention of so cruelly abusing it."

[MORNING CHRONICLE.]
The preparations for the occupation of Por-
tugal are of a more formidable nature than is
generally supposed. We find that in addition to
the lionoverians, a detachment of. English, ma-
rines has been ordered to the Tagus, who are to
be embarked forthwith.

The Lisbon Packet is, we understand, ex-
pected with some anxiety, as it is thought she
will be the bearer of the. Convention and arrange-
ments by which Portugal is to be occupied by a
British force, or a body of foreign troops, not
being French, in the pay of Great Britain,
which Convention and arrangements, it is
very confidently believed, were in a state
of forwardness when the last packet left the
Tagus. We are, however, informed, that in the
interval a fresh difficulty has arisen, and that
it has now become a matter of doubt whether or
not 5,000 men will be sufficient to protect the
King and his Ministers, and prevent Portugal
from being plunged into anarchy and civil war.
It would, therefore, seem, that the fixing of the
extent of the subsidy has required considerable
deliberation, and, we think, with ample reason.
It is not an unarmed and senseless populace
alone with which a perplexing contest may be
apprehended ; but an infuriated and mutinous
army, which may be irritated to a still higher de.
gree by the► presence of a foreign force, brought to
their country from motives of distrust of itself.—
(Idem.)

On isuesday the effects of the circulation of
false rumours in Paris continued to be severely
felt amongst the monied interest there, and the
lientes again declined to 971. for money, and to
tPqr. 50c. for the settlement at the end of the
►morn th.—( Mew.)

fNEW TIMES.]
The private letters received yesterday from
Paris mention in strong terms of reprobation the
alarm produced on the Exchange ou Monday,
which they state to be owing to unfavourable re-
ports circulated by a few leading parties from
interested motives. The consequences, they say,
bad proved ruinous to many individuals. The
closing price of the Rentes on Tuesday was
98f. 50c. for Money, and 98. 70. for Account : it
is said they were done much higher after the regu-
lar hour of business. This may probably have
been owing to the Spanish news in theEdolle,which
represents the ninirs of Bolivar to he quite des-
perate. The Spain r cis, it is well known, re as
to % hat they wi,h,as they are
credulous in regard
incredulous in regard Co events of a contrary
character. The Spanish Minister of Marine sp.
purt from Porte pears to put implicit faith in a re