The Sun.
London, England, 1823-12-16 00:00:00

,c. 16.

a long
Cortes,
fear the
ng the
weight

lie sacred

.oat the ne-
cessary authority to contract debts was possessed- by those, to
strip whom of their command was the objectof that intervention."
indeed 'one argument used seems to us un-
anSweroble
Of what use to .us would the recognition of the Loans of
the Cortes be ? Let us not delude ourselves as to the state in
which our finances are. While France pays an annual marl-
button of nearly four thousand millions of reels, Spain can
scarcely pay 600 millions, with this limitation, that nothing
wild, ever enter the Treesury if recourse is had to a direct con-
tribution, or any thing similar in kind though different in name.
On the other hand, the want of commercial activity, the wretch-
ed state of our manufactures, the situation of America, the
want of the artificial wealth of circulation, which enables Eng,.
land to cover a debt incomparably larger than ours, ought to
haves powerful influence in preventing us from recognizing a
debt which we cannot pay without depriving ourselves of pay-
itif the new Loan."
The article expresses a very naive regret that
the Cortes did not rule some months longer, es,
from the ratio in which they increased the Debt,
a bankruptcy would have been inevitable,
whereby they would have" freed the Legitimate
Monarch front an immense deficit which almost
defies celculution." So much for Spanish fi-
nances. The Constitutional Government of Spain
.deso.ves the utmost reprobation for the profligate
manner in which the Loans were wasted which
ought to Italie supplied them with the means of
defence in the hour of peril ; but still the ere-.
ditor had the national property for his security,
and he could count on the consistency of the na-
tional organ. But with . the overthrow of the
Cortes all rational hopes of creditors were at an
cud. Thu law of a despot is his convenience.—
This is a truth which it may he well to keep in.
mind' when speculating with respect to some
ether countries as well as Spain. The Emperor
Alexander, for instance, may inspire the cre-
ditors of Russia with confidence; but who knows
what sort of principles his successor may pos-
sess ? Those Who lend money to arbitrary Mo-
narch, except on the most extravagant terms, de-
serve to lose it.

r MORNING POST.]
The .French Papers which arrived yesterday.
though nearly filled with descriptions of the va-
rious fetes given to celebrate the triumphs of the
Duke d'Angouletne and the pacification of the
Peninsula, contain ninny articles which prove
that the stale of Spain is one of agitation fled not
of peace, and that alarm is the feeling with
which it is viewed, both by the emancipated
Despot at Medrid, and his 64 Liberators" in the
Tuileries. The Gavite tie .France informs es,
" that the return of the French army wilt not
hi' as prompt and as geeeral as it had been ori-
ginally announced." And in support of this as-
sertion, it not only adds, "r hat so perior orders had
detained at Gerona the Ist regiment of light infan-
try, which wits to leave that town on the 2Gth of
Nov. to repair to Mount-Louis by the ilth inst.;"
but it partly explains the grounds on which those
orders had been issued, by saying—" Whilst
Qatalonia appears generally tranquil, there are.
reasons to fear that an evil spirit exists amidst
..the numerous population of Barcelona,. and that
the revolutionary lava may once more overflow
from that city." That these apprehensions are
not confined to one particular point in Spain is
evident from the following statement, which ap-
pears under the head of 'Madrid in the same
Paper :---" The Constitutional troops being still
animated with an. evil spirit, Scatter alarm
through all the provinces where they sojourn.
—The extreme indulgence displayed towards
the Liberals has rendered them more than
audacious!— It seems to he certain that
at Cadiz they have carlied .criminality so
tar as to cast stones at the King's por-
trait. God grant that our Government may
possess sufficient firmness and energy, otherwise
we know not what may hopper), for all the ele-
ments of revolution still exist." With such inti-
mations before tire precarious situation in which
Spahr is placed, one might think that the Pari-
sians would pause, if they possessed as much
disposition for reflection as for pleasure, ere they
joined in celebrating the " foil accomplishment"
of the designs of France on the Peninsula.—
'Mere is such a thing as disposing of the skin
before the Bear is quite dead.

[rla TIMM]
A IVleeting, it vr►ll be seer► by our Journal,
took place in Lincoln's Inn Hall yesterday, for
the purpose of agreeing to some method of pay-
ing homage to the memory of Lord Erskine, and
it was finally determined to erect a monument.
There is something excessively pleasing in these
proceedings of the Bar :they reflect honour on
the living, almost as much as on the illustrious
dead. Great talents can perhaps be commemorated
or handed down to posterity by themselves.
They are to be known hereafter, by what they
have done whilst in the vigour of their exist-
ence ; and the most Splendid external testi-
mony can cud but little to their renown. In
this sense, Lord Erskine has left behind him the
best monument of his own greatest in his judicial
pleadings. Exegit monumentuol (ere poremilus
But, the many amiable qualities with which he
was adorned before time had shorn him of his
!veins, can be► learned only from the evidence of
cotemporaries. His diffusive benevolence—his
universal courtesy--his freedom from jealousy—
his love of kindred genius—his fascinating mirth,
and graceful playfulness of manner, the► surest
tests of a guileless heart ;—if these human ex-
cellencies do honour to the possessor, it is but
little less honourable to those who commemorate
them after his decease, to show that they have
been sensible of their influence, and regret their
loss.

rsevr TIMES. 3
The French Papers which reached us yester-
day to Sunday morning contain little matter of
' importance. The news from Spain represents the

Royalists as proceeding in most places with the{
disarmament of the late Constitutionalists, who
submit very quietly. The most obnoxious have fled
the kingdom, some of them with a considerable
share of plunder. The Spanish Papers assert that
Mina carried with him a large sum of money : this
man, it must be remembered,set outin life as a com-
mon labouring stonemason ; so that he appears to
have turned his patriotism to pretty good account.
The Empecinado is not quite so fortunate : he
has been arrested, and a dispute has arisen be-
tween those who wish to detain, and those who
desire to liberate bim : meanwhile he is in pri-
son, and the matter is refefred to the King of
Spain. King Victor Emanuel, who abdicated
the Throne of Sardinia in 1821 , has recently
been attacked with a dangerous illness.—
On the 3(1 instant he was so ill as to re.
ceive extreme unction, but on the 4th and
sth he had been considerably relieved.—
We rejoice to perceive by these Papers that the
French Law against the Slave Trade is not suf-
fered to remain a dead letter. On the 11th ult.
the ship Eugenie was confiscated, and her Cap-
tain, Morin, interdicted by the Tribunal of
Ilavre for having engaged in this odious traffic.—
The Oracle tie Bruxelles pretends, that Austria
and Russia would join to compel the new Em-
pire of Brazil to submit to the Portuguese Go-
vernment : we consider that Journal to be no
Oracle on this subject.

[BRITISH PREIS.]
Ferdinand's amnesty has not yet been made
public, though known to have been prepared and
signed on the 28th ult. It is said to be a new
roll of proscription, excluding from any present
hope numbers of unhappy Spaniards concerned
in the revolution ; while the grace and pardon► of
the Tyrant extend, it is stated, to few indeed.'
The French troops now in Spain have concen-
trated themselves principally in the fortresses,
leaving the greatest part of the open country
without a soldier, and only a few detachments to
protect the road from Vittoria to Madrid. Ti►e
fortresses have been provisioned by them for
some moaths. Di Borgo, it is said, was to leave
Madrid at the beginning of this month, deeply
dissatisfied at his mission, and with a coldness
between him and Talaru. He probably found
greater obstacles to any cessions he sought, than
he at first expected, in the bigotry and obstinacy of
the Spanish Despot, and the crew who surround
him; and the French Cabinet became as pro-
bably jealous of Russia. All the designs of
Ferdinand's wretched and destitute Government
on South America have, for the present, it
seems, been given up, in utter, want and
despair. There is no longer any mention of
an expedition to Lima. The Spanish Treasury
is without a ducat, and all the hopes of supply
rest on the completion of a new loan in this
country, a measure we sincerely trust we may
never see accomplished. It is still thought,
however,, that the necessities of the tyrants will
oblige him to compound, and make a modified
recognition of the past loans, as the only possible
means of securing n new supply. Thirty to
thirty-five is said to be the average amountH
at which the • past loans may be acknow-
ledged. Mr. Rothschild's journey is still said to .
he on this subject, and not solely on the
,Austrian loan. WP should be sorry to see
Ferdinand successful in supplying his wants again
from this country. What confidence can those
who advance the money have in the re-payment,
at any future period, of this loan, more than of
any former one ? Spain has now no resources
whatever. The former loans contracted for with
the Constitutional Government had the full sane.
Lion of the Tyrant ; a part of their produce ac-
tually supplied, within the palace, his own per--
sonal Wants and those of his family and brothers;
vet he now refuses even to recognise them.--
.ilmould there be any change in the Government
of Spain again, where is the security for any fu-
ture loan i None whatever.

[MORNING licitALD.]
There has been recently a dearth of foreign
news—no event of any interest bus been an-
nounced, except the change of Ministry in Spain.
From the elect of this change on the money
market in Paris, it must have given rise to same
favourable anticipations. These, however, ap-
pear to have vanished. Those who are best in-
formed, sad most deeply interested in the matter,
augur no good from the nomination of the new
Ministers,— and some letters receised from
Spain since their accession to office, have
placed their characters beyond all doubt.--
They are not, it appears, consistent and
violent Serviles, but rather tergiversators,
ready to serve any party ruling for the time.—
We have already alluded to the unscrupulousness
of M. Casa-lrujo—men of this kind are danger-
ous depositories of power. They have sins to
atone for—and pledges to give of their future
conduct. This wilt naturally hurry them into
excessive zeal—of which they have already
given some strong proofs. We are assured
upon good authority, that some hundreds of
the few remaining respectable Citizens of
Madrid have been consigned to prison, exile,
and the scaffolds since, the late conflict—not
only are the secret tribunals revived and at
work, but the executions secretly take place,—
and the properties of those who are imprisoned
or in exile are pilleged under the name of confis-
cation. The amnesty so much talked of had not
yet appeared. But it promises to be like that rule
'of the schoolmen which is " eaten up by the ex-
ceptions." An amnesty of this kind becomes a
mockery, or rather something still worse—a pro-
scription. Ferdinand rages like a wild beast against
all who have the least spot of Constitutionalism,
on them. It is true that some compromised men
have remained in Spain without molestation;
But they must be men who have purchased this
base security by treason. If ever the secret
history of the invasion of Spain should be written;
it will disclose a system of bribery and treason
unexampled.

A couple who were married last week, at
hill, were detained near an hour in the church., on account 0
some difference respecting the payment of the marriage fees.

,I •-
! ...,,,.. „:, ,:. ..
„.-!:,-,=,-:. .:,..•:..
'-.1.-: ..'-
ir,. 1.; ‘,.• ',.' '.... :"
, TM
-:-.,0../ • . ~_-:.,:
~,,i7,;„;...
I - '',. ,itt,e.tdoi.
r0;',.?,-;,::•; -7.?,,:,f,,.:::,
.:-'.,'''!°`:-t-,•:,,, ' THE .LONDON JOURNALS.
,4,:itg,.,i _......,,,.......
:t.:0:,,,1:5-;$:0;ry:, DAILY
q;•4:'.V,434-`,.:'l`. Extracts from the Morning Pnpers, I)et
.-::te." ..;,c:..-,-
44g.,..;k.-, ,
t [mount* cuaoxicve.l
f'..',t...,?•j:V The lisetauratior of the 6th contains
,' A ,k,y.
V' '44..--4,
4P'i ',/ article on the subject of the Loans of the 1
t4:47,,,„ r!'i of considerable interest at this time. We fo
4. .-
4;iff reasonings in this article against recognizi'
dr*.i.3l' debt of the Cartes will have but too much
'E...•; (
sq' with the new ....,:overnment.
." It would be an absurd contradiction to sanction th
right of intervention, declaring, at the same time, din