The Sun.
London, England, 1824-01-22 00:00:00

that the question of Septenniality wilt have as
great a majority of reasons as of votes in its fa-

our."

[MORNINGRONICLE.]
Our Parisian CorrespWldent expresses himself
in strong terms of indignation against the Swiss
people, 4' who, from the mountains of Tell' and
the land of freedom, scatter chains all over Eu-
rope, and in their suicidal infatuation em-
bark in that liberticide war of which they
cannot be the instruments without ultimately
becoming the victims." There can be but one
opinion as to the infamy of the practice
which our Correspondent reprobates, and the
wish of all friends of national independence must
be, that mercenaries of this description, who
lend themselves to the purposes of every Tyrant
who can afford to pay them, should receive from
the nations which they insult their merited re-
ward. But our correspondent makes it an addi-
tional charge against the Swiss, that " from the
mountains of Tell and the land of freedom," they
should scatter chains all over Europe. Here
something may be said in behalf of the Swiss.—
The Cantons which engage in this traffic
are, it is true, democratic ; but so are the
Indian tribes of America—all democratic—

fiercely democratic. They are dcmocratic,
and must continue so, because the poverty
to which their situation condemns them prevents
all accumulation of property. The only ine-
quality among them is that resulting from su-
periority in the use of the fist or the club, in
their general assemblies. Switzerland consists of
Catholic States of this pure democratic descrip-
tion, and Protestant aristocratic or mixed States,
ill confederated together for certain general ob-

jects. The Protestant States contain the rich
and cultivated country ; the Catholic States, that
lend their troops to Spain, Naples, &c. are, per-
haps, the most brutally ignoraut and prejudiced
of any in Europe. There the pilgrimages of the
middle ages, &c. subsist in full vigour. A single
ray of mental light has never penetrated the
clouds of ignorance which perpetually hang over
these mountains. The natives descend from them
impelled by the natural instinct which drives the

hungry fox from his den, and it is not very na-
tural that they should have any scruples with re-
spect to the invasion of rights or privileges of
which they cannot even form a conception.

[TUB TIMES.]
Many of the Merchants and Members of
Lloyd's appear to be highly amused by the
Quixotic generosity of the French Government,
in offering to make good the losses incurred by
the capture of ships during the late war with
Spain. There are various causes which tend to
give a colouring of ridicule to the whole pro-
ceeding. First, as we hinted yesterday, be. cause
an indemnity of this nature was the last thingin
the contemplation of the Underwriters, who, so
far from being sufferers by the war, reaped enor-
mous. profits by it, the increased rate of insurance
having been more than adequate to the increased
risk, since every obstacle, as they well knew, was
thrown in the way of Spanish privateering, even
by the British Government. Of the rich East In-
diamen then on the voyage home,
which were all
insured at a premium of from 9
to 30 per cent., P.
not one, we believe, fell into the power of the
Spaniards, and some of the principal
made, in consequence, the greatest profit known
since the conclusion of the underwriters
general war. Se-
condly, very few of them, we believe, have much
confidence in the forthcoming bounty of the
iFrench Government, and would willingly sell
their future prospects at one third of the amount,
paid down immediately. But the last point, and
the most amusing of all, is the discovery that this
act of liberality, should it hereafter take
place,
will be realized at no cost whatever, since the
pro-
ceeds of the value cargo of the Veloz Mariana
alone, capture d by the Jean Bart, under circum-
stances which must be fresh in tile recollection of
our mercantile readers, far exceed the amount
(8,000,000 fraucs) of the destined indemnity.
The Veloz Mariana had on board 2,000,000 of
dollars in specie, besides cochineal and other
costly articles of production ; and the results of
this prize will, without doubt, become the pro-
perty of the French Government. It is true that
a separate indemnity by Spain to her own sub-
jects is talked of, but what the fruits of that will
he, a very slight knowledge of the state of Spa-
nish finances will be sufficient to answer.

A prospectus-of a Greek loan has been in cir-
culation for some days. We suppose the in-
terest upon it will be paid by the beautiful new
coin just stamped in Paris, of which we gave an
account yesterday. This prospectus is probably
all the memorial that will exist hereafter of the
contemplated loan. Indeed, it does not clearly ap-
pear that the Greeks themselves know that they
are borrowing money, or attempting to borrow
money, in England ; and that they are mortgaging
their revenues, or that others are mortgaging their
revenues for them. No; as much of our charity as
possible let these suffering patriots receive ! But
as to loans, it is an insult to common understand-
ing even to use the term in reference to the
Greeks. We should wish also to see the whole
of British disposable capital employed in the le-
gitimate pursuits of commerce, by which hands
are employed, and from which revenue accrues ;
and not hazarded upon speculations of usurious
interest, which, even when successful, impart no
life and activity to the operative classes.—(lbid.)

[NEW TIMES.]
Consols were yesterday very steady at 88-i 89,
at which prices sales to a very considerable
amount were effected. Spanish remained nearly
stationary. 'The Greek Association Loan seems
likely to follow its worthy predecessor, the Loan
.to the Knights of St. John of Jerusalem. In-
deed we apprehend that the Knights were a
rather more definite Body than the Association,
who seem to have neither " a local habitation''
nor" a name." The Mexican Loan is somewhat
in the same predicament, if we can trust to
the statements of the Morning Chronicle, which
informed us on Tuesday, that " no permanent
form of Government had been definitively settled
and agreed upon (in Mexico) up to the middle