The Sun.
London, England, 1824-03-27 00:00:00

THE LONDON JOURNALS.

DAILY

Extracts from the Morning Papers, March 27.

• [MORNING CLIRONICLIE.I
The ambitious and long-formed projects of the
Queen of Portugal, leagued with her hopeful
son, the Infante Don Miguel, continue to occupy
the attention of the Portuguese, and several let-
ters, brought by the last Lisbon packet, which
we have had an opportunity of perusing, mention
that very serious consequences are anticipated.—
Besides the proclamation found on the corners of
the streets, openly inviting the people to join in
demanding a Regency, and the consequent de-
position of the King, a circumstance to which we
have already alluded, we find that indirect over-
tures- bad been made to the several officers in
command of regiments and battalions to join in
the same plan, the particulars of which they are
said to have communicated to the Government.
All the domestic feuds which ha►e for such a
number of years existed between the King and
his spouse, are revived at the present moment,
and as it was the party opposed to the King
(whose chief offence is now alleged to be the sin-
cerity with which he adhered to the Constitu-
tionalists to the last) that was most active in the
late re-action in Portugal, they are emboldened
to hope for success in their present enterprize.—
The Queen's supporters are found among the No-
bility and Higher Clergy ; but the King is be-
loved by the people and soldiery.—We find that
the frigates Princess Real and Amazona left the
Tagus on the sth instant. Their destination is
unknown. At the same time, the armed ships
Galatea and Triton sailed for Angola, with a new
Governor and 200 troops on board, and also the
armed brig Providence, for the Cape de Verde.

rfIIZITIIII4 PRESS.]
The French Chamber of Deputies met on
Wednesday. The Etoile contains a short but
characteristic account of their first sitting. The
few Liberal Representatives who dared to take
their seats among a mob of Royalists are stigma.,
tised as the " Faction of Sixteen ;" and soon af-
ter Benjamin Constant entered the Hall, ♦oices
were heard to exclaim—" 11 faut les refouler sur
la montagne"—" We must thrust them back upon
the mountain," alluding to the party of Robe-
spierre, Couthon, and the sanguinary faction who
filled those seats in the days of the Convention.
This is a tolerable earnest of the feelings and fu-
ture career of the party now congregated together
as Representatives of France. What may not be
anticipated from such a Chamber at the close of
its Session ? A loan to the unparalleled amount
of 3,300,000,000 of francs, or 132 millions
sterling, has, it is said, been contracted for in
Paris by Messrs. Baring, Rothschild, and
the French banker, Lafitte, to enable the
French Ministers to commute the present 5 per
cent. into 3 per cent. Stock. The arrangement
is so extended, it is said, as to apply to the
discharge, if necessary, of the entire national
debt of France ; that is, that part of the debt
which stands on the Great Book of France a
present acknowledged, for the amount was much
greater previous to the Revolution ; but two
thirds of its then existing amount was suspended
or suppressed by Napoleon's celebrated Decree
of " Tiers Consolides," under which the holders
of Stock held warrants for one-third only of their
claims ; the remaining two-thirds were to have
been conceded at some future day : but Buona-
parte subsequently- contrived to extinguish those
claims. In the conversion of the five per cent.
stock into that of three, the present holders are
expected to take the threes at 75 francs for every
hundred ; if they object, the Goverment, it is said,
by means of the loan, will pay them off, the three
great capitalists undertaking to supply the im-
mense funds for that purpose. Mr. Baring was
on his way to Paris, for the purpose of conclud-
ing the arrangements. Bargains in the new
Stock were already transacted in our money
market yesterday ; and the French 3 per cents.
were selling in the afternoon at 80, thus bearing
a premium of 5 par cent. This is a pecuniary ar-
rangement to an amount hitherto unprecedented;
the sum is of startling magnitude, and one we
should have conceived it almost impossible for
individuals by any effort to supply ; but the ca-
pital and daring speculation of this country is
now equal to almost any thing. Thus three in-
dividuals, two of them British merchants, will
hold in their hands the entire debt of France.
The undertaking is, indeed, a mighty one.

[MORNING POST.]
The Bill which makes the Slave Trade piracy
was passed last night by the Commons, after
having received from Sir James Mackintosh the
tribute of praise to which a measure so important
to the interests of justice and humanity was duly
entitled. " Nothing," said the Learned Member,
" could augur better for the cause than the cir-
cumstance of the two English nations on both
sides of the Atlantic having taken the lead as
they had done in this business. Their example,
he trusted, would shame other countries into
giving up that traffic to which they had hitherto
so obstinately adhered. If England had been
the first to abolish the trade, America had been
the first to declare it piracy, and he rejoiced that
neither could claim the whole honour of effecting
so much for the destruction of the Slave Trade.
The North America❑ natives inheriting on the sea
the skill and courage of their parents, were jealous
of their maritime character ; but even in this re-
spect they had something of their pride in the cause
of humanity." The Bill was afterwards taken by
its distinguished authors, Mr. Secretary Canning,
attended by a crowd of Members, to the House
of Lords, where it went immediately through a
first reading. The Commons then resolved them-
selves into a Committee, in which a Resolution,
propcsed by the Attorney-General, was adopted
for giving compensation to certain Officers in the
Courts ofJustice, whose situations or emoluments
would be taken away by the County Courts Bill.
The last business of the night was a Committee
on the Custom Acts, in the course of which the
Chancellor of the Exchequer proposed aßesolution,
which was adopted, for making the reduction of the