The Sun.
London, England, 1824-11-15 00:00:00

TilE LONDON JOURNALS.

DAILY
Eartracta from the Morning Papers) Nov. 15.

[THE TIMES.]
From the extracts which we publish, it is ap-
parent that the Burmese war has not proceeded
with the characteristic rapidity and good fortune
of most of our Indian contests. There have
seitber been decisive results, nor active move-
silents ; nor, so far as we can learn, have there
yet been made any really formidable prepara-
tions, to repel the Burmese from our frontier.—
On various parts of that north-east frontier they
iave lodged themselves with impunity ; they
have broken into the British territory, and car-
ried their incursions to the neighbourhood of
'Dacca, distant from Calcutta but 170 miles, de-
stroying the valuable crops of indigo, and ravaging
the country, one of the richest in the peninsula
of indostan. It is even said, that had this new
+Roomy beetras enterprising as they were powerful,
or as well informed of our weakness as a little more
diligence would have made them, they might
have pushed their way to Calcutta undisturbed.
This is a state of affairs not paralleled in India
during the last thirty or forty years. The most
intelligent British merchants view the Burmese
war and its collateral prospects with extreme de-
spondency ; not so much, we apprehend, from
any supposition of the British strength being
weakened, or our national resources impaired,
as from a pretty general distrust of the ability
and energy of those who have been delegated by
*he Government at home to wield them. If
India is to he preserved, it must be committed to
the ablest hands that can be found ready to un-
dertake its political administration. Who is Lord
Amherst? An ex-Ambassador to China ; who ran
away from the Celestial Empire, after a boot-
less errand, shaking his ears. Lord Amherst is a
well-mannered person, a Lord of the Bedchamber
—a Gold Stick, we believe they call it, or some
such fraction of Court finery. Lord Amherst is
snore than this : he is amiable and well-inten-
tioned, but why was he sent to India ? unless to
show how much easier it is to play " Gold Stick"
than Governor-General ; especially at a time
when such unpleasant business is cut out for Eng-
land on the eastern frontier of her empire, and
when so many grave suspicions are circulated
with regard to the west. There are names con-
nected with India which would inspire more con-
fidence than that of any holyday Nobleman, if
placed at the bead of the Supreme Council of Cal-
cutta. But at all events the Burmese war ought
to be- successfully and speedily terminated, or
there is no calculating what dangers may befall us.

[MORNING CHRONICLE.
By the ship Sir Edward Paget, which left Cal-
cutta on the 18th June, we have received Cal-
cutta Government Gazettes to the 12th of June,
and letters to the middle of that month.—Our
readers will see that there has been an affair of
boats' with the Burmese. We learn from letters
with which we have been favoured, that the
Commander-in-Chief of the British forces was
concentrating his army, about 23,000 strong, in
the neighbourhood of Calcutta, and 26 gun-boats
were building by the Hon. Company, which, it
was supposed, were to convey these forces
up the Burrampooter, with the view of
the Commander-in-Chief's attacking the 13ur-
liseSe on the northern frontier after the
the cessation of the ruins, while Sir A. Campbell,
dud his army at Rangoon, advance upon Ave.
Every ship belonging to the port was in request,
which had created a spirit of activity in the mer-
cantile line unknown for years past. An extra-
ordinary rise in shipping had taken place, and
owing to the want of the usual supplies of tim-
ber from Rangoon, the builders were greatly
distressed. Teak timber, iron, and ship-building
materials were all, consequently, scarce and very
high. A vessel just launched, and which had
been sold for 45,000 rupees, sold almost imme-
diately afterwards for 70,000 rupees.

[NEW TIMM)
That inexhaustible subject, the recognition of
the Loans of Spain contracted by the Constitu.
tional Government, was again the subject of much
Interest, from a statement in a French Paper,
which asserted that by private accounts from
Madrid it was understood that the Parisian
Bankers had declined offering any terms for a
New Loan, where a responsibility was imposed
upon them beyond that of raising a certain
amount by Commission. It was added, that in
consequence proposals would, be again offered by
some British Capitalists, upon the same terms as
previously offered) including the redemption of
the Old Bonds at it stipulated price ; this asser-
tion, however, was made even in the French
Paper in so guarded a manner us to leave little
credit to be placed upon its correctness. The
report was imperfectly known in the forenoon,
and the price of the Bonds of 1821 advanced
to 9.4 i, and those of 1823 to 18 ; but they were
each a half per cent. lower at, the close of
business. A Sunday Paper says, that as the
French troops are about to be withdrawn, a
restoration of the Constitutional System in Spain
is looked for with much confidence ! It is strange
that experience should be so much thrown away
upon some minds, If the French troops are
withdrawn from Spain, the consequence may be a
lamentable degree of confusion and internal war-
fare, from one end of the country to the other;
but what is called the Constitutional System
mow can be established there, because it is
totally opposed to all the habits and feelings of
Thee people. The Spaniards are religious and
monarchical ; the Constitutionalists were anti.
christian and democratic. A wise and moderate
system between the opposite extremesof despotism
and anarchy would indeed be a blessing toSpain ;
but whence that is lo come, or how it is to
be maintained, we confess ourselves wholly un-
able to conjecture. In a country so distracted,
it is easy to see the evil ; it is difficult to foresee
the good. Portuguese, Bonds were one percent.
lower- op Saturday.' 'Mexican Bonds were also
about one 1)4. cent. lower, and Colombian one,half
yer cent.; but there was no fresh intelligence from