The Sun.
London, England, 1824-06-15 00:00:00

THE LONDON JOURNALS.

DAILY

Extracts from the Morning Papers, June 15,

[MORNING CHRONICLE.]
On the English Stock Exchange yesterday the
Consols opened at 95i, and it is impossible that
the Market could have been more inanimate,
probably not a dozen of transactions having been
effected throughout the day. It will require a
considerable period to restore confidence amongst
capitalists in National Securities of every de-
scription, for there exists at present .a struggle be-
twiit the Holy Alliance and the Bourbons on
one part, and the future prosperity of British
, Commerce on the other; and it is universally ad-
mitted, that the decision of his Majesty's Foreign
Secretary, on the important subject of the recog-
nition of the new American States, can :.lone re-
move those restraints which are now paralyzing
the productive industry of 'the manufacturing dis-
tricts of the British Empire. On the Foreign
'Stock Exchange the transfers of public securities
are more animated, for the Bears, as they are
called, of American Stock, become daily more
bold, and exhibit all the confidence which specu-
lators on the downfall of the commerce of Great
Britain could display were they convinced of its
immediate sacrifice at the shrine of the inte-
rest of the Political Tyrants of Europe.—
They accordingly sell at any price, and a
decline in the value of Chilian and Mexi-
can Bonds of at least 1 per cent. is the
,natural consequence of their operation. It was
perfectly understood that Sir James Mackintosh
ould present the Petition of the London Mer-
chants, praying for the recognition of some of the
new American States, to the House of Com-
mons ; but even the late declaration of Mr.
Canning on this subject, in his official dispatches,
could not eradicate the dread that Holy Legi-
timate interests would triumph over the good in-
tentions of the Right Honourable Secretary.—
Austrian Bonds did not undergo any material
alteration yesterday, but they have already ex-
perienced the shock which has been given to
public confidence. Russian Bonds are 2 per
cent. lower, and so also are the Securities of Por-
tugal and Naples. Spanish Bonds become greater
favourites, in proportion as the cause of absolute
monarchs gains ground. French Rentes are a
shade higher.

[MORNING HERALD.]
- The restored Peerages' Bill passed last night
ftom the Upper to the Lower House of Parliament.
In the House of Lords, Lord Melville adverted to
the hardships of obliging the Scotch restored
Peers to take the Sacrament according to the
forms of the Church of England as a qualification
for their restoration, and intimated his intention
of moving next Session for the repeal of this ne-
cessity. In the House of Commons, the Bills
were all read a first and a second time, and re-
ferred to a private Committee, who are to report
this day. There are five Bills, and they respect
the following Peerages :—the Barony of Stafford,
in England ; the Earldom of Alarr ; the Viscount-
ship of Kentnure ; the Viscountship of Strath-
allan ; and the Barony of Nairne, in Scotland. It
is worthy of remark, that while the four last
Bills mention the individuals restored to the for-
feited rank, the first merely repeals the attainder
of Baron• Stafford in the reign 'of Charles 11.,
without naming the individual entitled to hold
•the restored rank. The repeal of the Marr at-
tainder was eulogized as an act of justice—a re-
versing of legal murder. Great praise was be-
stowed upon the restoration of the Octogenarian
Erskine to the Earldom of Marr. The Whigs
lauded the impartiality of restoring the Whig de-
scendant of a Jacobite ancestor. Mr. Peel re-
joked in restoring a•title whose origin was buried
hi the clouds of antiquity, beyond the reach of
history, tradition, or even fable. Mr 4 Bruce
complained that he was not restored to the Peer-
age of Burleigh. Mr. Peel stated that the greatest
abjection to an indiscriminate restoration was,
that many of those interested did not wish it.—
Other objections it would be invidious, he said,
to state. If Sir G. Jerningham be restored to the
Barony of Stafford, it is remarkable that his
daughter is married to the heir and representa-
tive of Lord Lovat, who was executed at Ken-
pington in 1746. Both families are Roman Ca-
tholics.

ETII E TIM ES.,
A motion was expected last night from Sir
James Mackintosh, on the recognition of the inde-
pendence of the South American States ; but
After an apparent conference- with Mr. Canning
is the House, the Ron. Member postponed his
motion. We had stated that the British CCM).-
missioner in Colombia had presented the Presi.
dent or Vice-President of the-Republic with a
snuff-box on the part of his Britannic Majesty.
Our statement was contsradicted : it was asserted,
to be unfounded ; and we this day publish the
speech which the British Commissioner made
an presenting the snuff-box ! If the act of
the Commissioner be sanctioned by his Go-
vernment, the independence of Colombia is ac
C
knowledged already to Colombia herself; and
we do not see how the Commissioner could make
the present unless it had been consigned to him
for that purpose by his Government at home. If
lie had been premature in the art, still the secret
feeling of his Cabinet will 'be evinced by the pre-
pared state of the Envoy-to embellish the recog-
nition, whenever it took place, with the courtesies
visual on such occasions. So far, therefore, as the
obsolete Government may be affected, the mis-
chief has been done ; and it seems to be trifling
to suspend the formal acknowledgment of the in-
dependence of the South American States any
longer.

[Nuvr TIMES.]
We have received
isseveral
the Eloile dated on Sunday,
which contali interesting articles, but
throws little light on thetopic Which excites most
attention iii Paris—th:,
ailsimi,sal, of M. de Cha-
teaubriand. in the
Chat: of Deputies Al.,de
is Bourdonnaye has opened
M. de Villele, by moving 4 a:, an 7 battery against
to present during this Sessiontilie rep; to the King
18.1, for au indemnification of tlVg, expected
-- Emigrants.—