The Sun.
London, England, 1823-01-08 00:00:00

SPA IN.

The accounts from Madrid, .though not of a
later date than the intelligence we gave yester-
day, contains some facts, or rather rumours, not
mentioned in the papers we received. ft is slat--
ed, among other litings, that the Council of State
opposes the,ratilication of the treaty with Por-,
togal. The indicadoris quoted for this report,
which certainly is not the best authority. A
private letter, dated the ,9th, says—
" A few days ago, San, Alive) had a warm altercation with
The English Ambassador on the subject of some captures of
Spanish, merchantmen by. Lnglbsh cruisers. The last oote of
our Minister, it is said, was conceived in terms not very deco-
rous. The English Minister did not think proper to reply in
writing. He has had a conference with San Miguel, in which
it appears every thing was aible2bly settled."

in a report matte by the Committee of Public
Credit on the lean lately decreed by the Cortes,
itis proposed, as one of the Means tending to fa-
cilitate that 'financial operation, that foreigners
who -settle in Spain, and purchase oational pro-
perty, shall be exempt from taxes of every kind
for the spare of four years.
letter from Bayonne cOntains the following
intelligence:—
" It appears now that fieneral Torrijos was folly acquainted
the movements of Charlpi O'Donnell, and that he had
purposely Allowed him to reach the valley of Borrondoa, three
leagues from Vittoria. On the 2t,th, awn o'clock in the morn.
lug, Torrijos departed from Painpriunn at' the li:-!ad of five,
thousand meta, in search of the insuagents, andpasSing through
Amiga, the valley of Sills°, arrived at ,Zaquil. Finally, on
the afternoon of Friday, accotilint to the deelaratien of a per-
Kon who arrived in all baste from Vittoria, the General overtook
die army of O'Donnell. The engagement lasted only a few
minutes, as the insurgents, who could not sustain the attack,
•Iromedinsely dispersed. '1 hey lost from. three to four ,hundred
men, and upwards of a hundred mules laden with property of
-iiiery description. We expect every instant to receive more
circumstantial details."

Rxtraet of a Letter from Perpignan, dated lice. 28. )
On the 27th the Militia of Junguera arrested at Catulloups
sixteen Men belonging td the. ,Army of the Faith, who had en.
t?red Spain by the way of Al errs ;- they were unarmed.' They.
alleget,tthat they had come to profit by the amnesty,• but as
they had deviated from the proper road, they were, taken to
Figueraa, where their motives can be better appreciated..
The disbanded soldiers of the Faith, =toned in the plain
near this town, have for some time past received 26 centimes
per day. For this purpose Government has provided a fund of
24,000 francs, and the -Minister has announced that further ad-
vances will be made. This measure was highly neemary, for
these soldiers bare been daily in the habit of bitterly reproach..
big their officers. No longer ago than yesterday several soldiers
of the Faith met one of their .otlicer:i•in the street in 4041+411

with a monk. They abused him, and demanded " money or
bread." This took dace in ixesence of all the neighbourhood.
The soldiers proceeded to reproach the officer with having do..
ceived•them, and not keeping his word with them. They could
not but know, they said, that the Army of the Faith, ill Urge.
nized, badly armedi and destitute of every necessary, could not
.maintain itself :Against the forces of Mina, but they relied upon
the foreign assistance which their chiefs had promised them,
but which never arrived ; they added, that in the moment of
battle the greater part of their superior officers deserted,them,;
And that the Regency took care to secure themselves from any
of the dangers of war, although the two Ministers Gispert anti
()milk held high commands in the army. They declared,
however, 'that they had never placed'itinth reliance upon the
Minister of War of the Regency, on account of his conduct in
the Regiment of Royal Walloons, in Murcia, which had placed
him under the necessity of Biting up his commission...
The offieer'endeavaured to defebd the Regency, and to throw
uports,the great mass of the army the blame of their defeat and
misfortunes, and consequently of their present miserable state.
He spoke of the great sacrifices which the Marquis de Mats,
florida had made—of the marked courage which he had dis-
plawd in all the difficult circumstances in which ,the Regency'
had been placed. He was interrupted by a man who appeared
to have held some subordinate rank in the army, in the follow.
ing terms :—" Yes, Matafloridwresolved, a few days" previous
to the march of Mina on Puyeerda, to return to that town.--
This resolution was adopted with the design of reanimating
the courage of:our disheartened soldiers. He had no sooner
entered the square of Fuycerda, than ppon a false alarm he
took flight, contenting himself, in his retreat, with receiving
the homage of some children, whacried Long live the King.'
He took this shout oda complitrent.to himself; thr he replied,
in a trembling My friends, in the hour of danger, you
will always find the at your heath.'"
The officer ended the altercation, by assuring the soldiers
that they would-soon be satisfied.

CITY, TUESDAY EVENING.

Na private expresses from France were. re-
ported to have beat received this morning, and, as they could
have only communicated Paris news of Sunday, the want of,
them is of little importance.
The English Funds continue uncommonly' heavy, and the
ConsOls,which opened for the next settlement at tfo 4, scarcely
supported UO at the closing of the market.
It is now difficult to ascertain the operations in the Foreign
Fund market, beeause:the dealers confine themselves to the
room which the Proprietors of the Subscription Stock Ex-
change have been pleased to give them the use of for three
months.

. Spanish bends are reported to be again lower, and thedoohts
entertained of their eventual safety are not in any degree allay-
ed. At onetime they were done at 54. •
Columbian Bonds have fallen this morning from t 6 to 60A
at one time, though they afterwards recovered a little. It is re,
ported that a meeting of the holders of them has been called
for Saturday next, but the object has not been pablicly com.
municatel The closing ..market-price of Columbian Bonds
was about 63j. .
Russian, Prussian, and Neapolitan Bonds deo not at present
offer any field, for speculation, and the bersaina done in them
are for the investment of capital. Tbeirprices accordingly re-
Main steady.
It is difficult to .fix a .real value of. Mien or Peruvian
Bonds, for the trunsactione in them are extremely limited.
Trade in the. city of London continues generally dull. Cot-
tons are very inanimate, and were also dull'in Liverpool during
last week. Sugar fur home consumption is steady in price,
but the sales elected are limited,. '1 he. demand for foreign
sugars continues, and the late advance is fully maintained.—
Co if ces are more. in demand, but tine quality is scarce. Hemp
is dull sale, and has declined to 301. per ton. Tallow is very
heavy, and the price of yellow candle is 375. on the spot, .and
3fis. to be delivered in February next.
limns and Brandies find very few buyers, and the best Geneva
is only worth 2s. 2.(1. a gallon. British Spirits, coarse, and not to.
be used unless when rectified into. Gin, are scarce, and worth
fid. a gallon, duty .paid. This is a well managed trade, and:
the West India 'lien:bents would do well if they couldso arrange
their sales as not to interfere with each .other by any thing like
public competition in the market ; for profits ere never so good
when the .consumers can apply to more than one seller, and.
real monopolies, such as those.of the East India Company, the
supply of the people with beer and British spirits, the public
Companies for T)ocks, &c., the furnishing London with coals
from the Tyne Only, and numerous other confined trades, are
far more profitable to those who enjoy them, than free trade
would be, and their •Vestea.right possessors are perfectly justi.
liable in sticking to them as long as they can, for no change is
likely to improve their present station in society. Agriculturists
have also their monopoly of the British market fur giain, bict
somehow or ogler their, patent does nut please them, and they
want to get relief out ,of the property of their neighbours—
( Morning Chronicle,) '