The Sun.
London, England, 1823-12-24 00:00:00

be the profits of this ingenious monopoly. To
speak thus at length of such an air-drawn bubble
is to treat the thing with a gravity which it would
ill deserve, but for the great interests with
which foolish schemes are now and then
connected. We undeistand that the project of
raising money for Spain on the alienation of her
pretended rights over her late colonies, is
perfectly independent of the negociation for
a loan which was the principal object of the visit
of Messrs. Rothschild, Baring, and Irving to
Paris. The chief impediment in the way of this
latter transaction is the obstinate determination
of the Spanish Government not to acknowledge
the debts contracted by the Cortes ; but the ca-
pitalists in question are equally fixed in the re-
solution not to advance any money, unless that
is made a preliminary condition ; and as Ferdi.
nand is literally without a dollar in his coffers, it
is supposed he must give way.. At all events, the
public have a guarantee in the characters of the
merchants who have commenced the negociation,
for an arrangement, if any is made, strictly just
and honourable to all parties.

FNEW TIMES.]
The return of Mr. Rothschild from Paris has
produced; as was to be expected, a great variety
of discordant rumours, the most prevalent of
which was, that all attempts to procure a recog-
nition of any portion of the. Spanish Bonds had
failed. This statement, which would make no
distinction between acts done when King Ferdi-
nand Was ostensibly free, and acts done after the
traitorous attack of the 7th July, 1822, from
which time he was notoriously a captive, is
perfectly unreasonable and improbable.— In
truth, it would amount to a premium on
personal violence towards the Monarch. That it
was not at all believed, is clear from the difference
of price between the Bonds of 1821 and 1823
being not less than Eight per Cent.; and we
speak on good authority when we assert that the
negociation for a Loan to the Spanish Govern-
ment is still pending. The first impression made,
On the Spanish Securities yesterday was unfa-
vourable, and they declined to 26 ; but after-
wards rallied a little, and finally closed at 2611.
Little business was done in these or any other
foreign securities. The French Papers of Sun-
day shew the Rentes to have recovered on the
dal, preceding, when they closed for the account
at 92 25. The Royal Exchange and Lloyd's
Subscriptiou Rooms, with the two Stock Ex-
changes, will be closed to-morrow, being Christ-
mas Day.

[MORNING HERALD.I
The struggle between the Turks and Greeks
is so lingering, with scarcely an affair deserving
the nume of a battle, that at present it is little
thought of. The most recent accounts are no
later than the 17th of last month, dated from
Corfu—end -even these give but a meagre view
of the actual state of the contending parties.--
The advantages of the Greeks at sea are
decisive and incontestable. On this element
they meet the Turks with a sentiment of their
superiority, and an assurance of success, which
must alone be sufficient to decide the victory.--.
There has been of kite no naval engagement ; the
Tarks affording no opportunity. The Admiral
commanding the combined squadron, after seve-
ral defeats and much loss, returned to the Dar-
danelles. The Turks make a more obstinate re-
sistance on 1and...,-Missolonghi was, in the be-
ginning of November, their great object, and the
Pacha of Scutari, who commands one of the only
parties deserving the name of armies for the
Turks, was still
„pursuing his enterprise against
that place, in spite of several checks from the
Greeks. The latter appear to carryon against
him a sort of guerilla warfare, advancing from,
and returning to the mountains, as occasion re-
quires. The Turks can fight only in the plains,
and are taken by surprise, obliged to fight at the
discretion of their enemies, and only on' the de-
fensive, as they are unable to pursue into the
mountains. With such obstacles, and at the
commencement of winter, the Turks were
likely to make no impression upon Missolonghi.
They are even stated to have lost a train of
artillery destined foe the enterprise. On its
way to iEtolia, the Greeks made a descent from
the mountains between Xtolia and Acaruania,
and took not only this artillery, hut a large
quantity of munitions of war, and the very escort
that accompanied them. The emancipation and
independence of the Morea was so perfectly or.
genised, thata corps of 5,000 Moraite troops
were expected by the Greeks to aid then] against
JusSta Pacha and the Pacha of Scutari, who
command Om only considerable forces that are
opposed to them. It is even reported that the
army of the latter, composed chiefly of Albanians,
had revolted, and reduced him to the necessity
of retreating.

Luarrtsu raEss.]
The accession of lrujo's Ministry seems to
have produced no change in Spain. The career
of prosmiption and injustice still goes on. No
amnesty whatever has been published, but the
dungeons of Madrid are filled with constitutional
victims, who are confounded with thieves and
malefactors, and the new Minister of Police and
despotism exercises his functions with even more
jealous severity than even his discarded prede-
cessor. No one, however, imagines the present
disjointed Ministry can last. They have been
merely selected by the capricious tyrant from pre-
sent necessity. No one measure has yet proceeded
from the Spanish Council that is wise or conci-
listing. Every decree is one of farther vengeance
against the followers of the Constitution, carry-
ing terror and distrust into every province and
town. Nothing us yet has been thought of
to heal the divisions that desolate that coun-
try,, to recruit its ruined finances, or restore its
broken credit in, the eyes of foreign nations.
The recogn►tion of the Constitutional loans is
said to have been opposed by the Russian Am-
bassador, Di Borgo. We are stilt persuaded
that his mission was not confined to a mere
iullueuce on the Ministry and present Go.
vernment of Spain, but that the cession of
Mi-
norca was a part of it. Nothing but necessity
would wring -such a sacrifice even from Fet ti nand,

land it is not therefore the policy of Russia, that
Spain should recruit her resources by any foreign'
aid. Vessels are stated already to have sailed
from Cadiz for Lima, but without troop'. In
fact, there were. neither troops to send nor re'.
sources to pay them. The object of this unarmed
expeditioni is said to be to open an intercourse
with the Royalists in Peru, and especially with
the Clergy.. It is very :probable, however, that
these vesseli, on their. arrival, will fall into
the hands of the Patriota ; and the plans
of the French, and their first voyage of
discovery, May thus prove unavailing. Bar-
celona, the mass of the inhabitants of which are
decidedly attached to the Constitution, appears
to have been thescene of some recent assassina-
tions, committed on the Constitutional party.
Three individubs had been murdered in its streets
in the beginning of this month ; and, so late as
the sth, six of the wretches who cull themselves
lioyalists,,attacked one of the Militia with their
knives, and attempted to assassinate him also ;
the populace interfered and the
.assassins fled :
one of them attempted to find sanctuary in the
Cathedral, as in former days, but the people
entered the Church, seized the assassin, and de-
livered him into the hands of justice. The other
5 were subsequently arrested. Barcelona, however,
was comparatively tranquil because the great mass
of the inhabitants are not sanguinary royalists. The
result of these occurrences, however, was en or-
der from the authorities of Barcelona, dated the
9th of this month, and calling on the inhabitants
to surrender their arms of almost every descrip-
tion, thus leaving there Completely at the mercy
of their enemies. Besides this general disarming,
other inquisitorial measures of police were insti-
tuted, and all resident Spaniards of fifteen and
upwards, females and heeds of families, have
been ordered to provide themselves with cards of
safety. The monks and clergy, and military in
active service, were► excepted in the order. Its
object is, therefore, perfectly apparent. These
safety cards may be refused to any individual
the French or Royalists may wish to exile from
Barcelona. In fact, the system or terror will go
on there, and throughout Spain, until its march
is arrested by another general revolt. Such a
tyranny as now tramples Spain, cannot possibly
endure for any length time. It must be unbear-
able by the whole middle classes of that country.

[MORNING' CURONICILI
An account is given in a Morning Paper of yes-
terday, of a project to form a great Company of
European Bankers, who are to advance to Spain
the money of which she stands in need, receiving

in return the exclusive privilege of trading to
South America, and the mining property, ma-
chinery, &c., poisessed by the Crown of Spain in
that part of the world. That this project has beets
formed, we do net doubt, but we certainly do en-
tertain some doubt of the wisdom of the great bank-
ers who could listen to it for a moment, or dare to
communicate it-to the public ; for that the account
was derived from softie one European banker, to
whom the project had been submitted, we are
willing to believe. Wu are sure, hoWever, that
Mr. A. Baring has too clear a head to be caught
by such arrant folly. If Mr. Rothschild has been
weak enough to lend himself to any visionary
project of this kind, the ridicule of the public
will soon bring him to his senses. We really
ow,e some apology to our readers for ,entering at
all into the discussion of this wildest of all wild
speculations.—An exclusive Company for carry
log on the trade betwen Europe and America,
supposes in the power that grants the privilege,
the sovereignty of both. When Spain was So-
vereign of Europe and Atrierica, she could grant
to a particnlar Company the privilege of trading
with all ,or any of. the Colonies ; and, we
all know that Charles the Fifth did invest
a particular Company with exclusive com-
raoreiai, . privileges, and also that the most,
mischievoui consequences resulted from the
grant. But Spain is no longer Sovereign
de flub of South America, and her grant of
any such privilege, without the, acquiescence
of the South American Slates themselves, would
be utterly unavailing. That the South Ameri-
can States could ever be brought to give to
any exclusive Company the controul of their
commerce, will be believed by no man at all
acquainted with that part of the world. The
chief object •of their struggle has been to ob.
tale an unlimited freedom of trade ; and hay.
ing atthieved their independence, they will not
surely be foolS enough to renounce that advantage.
But then ":the European Powers must, in ti gene.
ral Congress, stipulate to prohibit their other sub.
jects from sending ships to South America as we
prohibit all others except the ships of the East
India Company from going to China." This we
suppose is to enable the Company to dispense with
the consent of the South AMerican States, as the
latter will then have no choice. But here again
we are met by two difficulties ; first, the consent
of all the States of Europe is necessary, and we
know that the consent of one of them, England,
will not be given ; and, secondly, if au EtirOPean
Congress, of which England funned a part, were
to interdict all Europeans from trading to South
America, there would remain the United States,.
whence all European goods could be ,conveyed:
to South Anierica as cheaply, or nearly so, as
from Europe itself.

tint EniNuuttost TurivritE.—Last flight Mr.
J. ItussuLt., who some years ago belonged to, our company
as a comedian, but has now exchanged the sock for the buskin,
made his appearance in the arduous part or Sir Giles Over-
reach. On his entry he was warmly greeted. He sustained
the part throughout with considerableability, and received much
applause:, fie was undoubtedly greatest in those scenes where
he assumed a demeanour of kindness and openness of manner,
so opposite to his general couditct.-111r. MaitoN was an ex-
cellent representative or JusticC Greedy. ( Edinburgh Courant,
Dec. 18) •

As Samuel Hams, a licensed hawker, was on
his way from Long Sutton to Sonierton, on the
evening of Thursday se'nnight, he %as stopped
by two men, who robbed Mtn of his how, con-
taining jewellery articles of nearly 60/, value ;
also of 61. in money, 61. of which were sove.
reigns. They appeared to be labouring own.
The box has since been found, rifled of its cori_
tents, having been thrown over the bridge a few
yards from the Spot.