The Sun.
London, England, 1824-02-20 00:00:00

neat
(in-

nt of

You, Gentlemen, calling yourselves COntractors for a Loan for
;tir service, done without our authority, and against our instruc-
.ions, agreed to give us 80/. for every Bond of 1001. so improperly
133ued M our names ; wc think the pric2 of 801. very fair ; but
as we have only received from all persons in Great Britain,
h°lll first to last, goods and mone,,' to the amount of 15 or 20
Per tent. of the sum of two millions sterling, there remains due
1° us 60 to 85 per cent.; —pay us that, and .%••_; shall have no hesi-
tation in admitting our liability ; but until you do prcve to us
e have had that sum, you must excuse our admitting
any thing about a Loan ; or that we owe more than 15 or 2U
per cent. with interest." Some such languageas this is perfectly
natural. What can be more simple than for the Gentlemen
011 this side of the water just to pay up the twelve hundred
thousand pounds that is short, and settle the dispute ?—lt can
,
no difficult matter, since thee have received that, and much
111Ure from John Bull, and admit having in band nearly
_curet hundred thousand pounds belonging to somebody, clearly
not their own property, whatever use they may be making
of it.

The 29th November brought Of the receipt by this packet
11ranoth jer nacke• and letters fiom of the letter referred to in the
• ones, at" Bogota, to the annexed communication, there
29th August. The following is no reason to entertain any
t°thmunication was thereupon doubt. But it is not quite so
In4desothe Stock Exchange:— clear that any such interview,
" Colombian Loan. Free- much less the assurance in
'lran's-court, Nov. 29, 1823. question, ever took place. If
ne Contractors of this Loan it were so, how happens it that
4ave received by the Jamaica some months, instead of days,
mail a letter from their agent have elapsed, and no such let-
at Bogota, Mr. W. C. Jones, ter has been received ? or, if
slated the 29th August, of received, it is presumable that
whicll the following is an ex- it was not very fit for the pub-
tract :—' In my last interview lie eye, or there would have
with Mr. Castillo (the Minister been no difficulty or hesitation
?f'i Fnance), he informed me of in making it known.
Ais ntention to write to you It perhaps ought not to be
vithin a fete days, acquainting stated what is the precise na-
MI with Mr. Hurtado's ap- ture of the communications
NirlLenent as Minister for this which have passed between
°'llhtry in England, and to Mr. W. C. Jones and the dif-
u6hre you direct of the desire ferent public authorities of Co-
ol the Government to arrange lombia, of whom, and of his
!very thing on the subject of intimacy with them, he speaks
;gr. sea's Loan, in the most in such familiar terms. The
latisfactary and amicable man- time is near at hand. when, by
her.' an official exposition, all these

misrepresentations will share
the fate of the many other extraordinary statements and com-
munications which have emanated from the same quarter. But
thus much may be stated—and it is asserted broadly and
Plainly--that the greater part of them are most impudent per-
versions of the real occurrences that took place at such inter-
viel", when they were granted at all,—and many of them are
absolute direct falsehoods.
Outhe27th December, 1823, In the face of this laconic
salved another acket; and on communication, will it be be-
that day the personsp calling lieved, that by this very packet
'themselves"lmaalves Contractors, issued arrived the official Gazette of
the following laconic notice the 12th October, containing
"Colombian Loan. The Con- the first public notification of
elletors have not received by the Law of the Republic of
Jamaica mail which arriv- Colombia, absolutely annulling
this morning any further the Loan, Itisheaded "Law,"
leeTidgence on the subject of
pure the preamble is to the same
-lLoan. Mr. Hurtado, the ort as it is given hereto-
npointed Minister from fore, in speaking of the Decree
—1'4434 to England, who is of the Senate, received by the
on Way to London, has not packet on the Ist of Oct. The
arrived by this packet. Law then goes on, " THEY"
"
(the Senate and House of Re-
r4eacntatives of the Republic of Colombia, in Congress aesem-
`-'4,) " HEREBY DO DECREE,
, elft. 1. The compromises made with creditors, Loans cots-
eluded, and all other financial operations earried into effect in
Euf()Ps, by the ex-Milister, Francisco Antonio Zea, are here-
-I,y disapproved.
art. 2. Nevertheless, all the amounts which the creditor:
eau legally prove to have been furnished for the
.Republic in
*wney and effects, together with their respective interest, are
acknowledged."
The Decree then goes on to stipulate, that for the result of
the liquidation or investigation of claims, Bonds may be issued
"as far as the amount settled and approved of, which said
Bonds are to be signed by the President of the Republic, or
the person exercising the executive power, or by the person by
him duly authorized, so as to receive these New Obligations or
Bends, as numerical amounts in any other Loan that may be
decreed." And filially, providing to name arbitrators and re-
ferrees, in any case of disputes arising with creditors in Co-
lombia or Europe ; and also the mode of paying off' the amount
a debt to be admitted on such investigation. This unequivo-
tel document is thus concluded.
" Done in Bogota, capital of the Republic,this Ist day of
July, 1828, and 'l3tli of independence.
(signed) GERONIMO TORRES, Vice-President of
the Senate.
DOMINGO CAECEDO, President of the
House of Representatives.
ANTONIO JOSE CARO, Secretary of
the Senate.
JOSE JOAQUIM SUARES, Deputy and
Secretary.
Palace of Government in Bogota, this
7th day of July, 1823.
Let the same be executed,
(Signed) FRANCISCO DE P. SANTANDER.
JOSE MARIA DEL CASTILLO, Se-
cretary of State for the Finance Depart-
ment."
Thus stood the question when the succeeding packet arrived
%n the 31st January last ; not having on board Mr. Hurtado—
but conveying Don Francisco Montoya, one of the Commis-
sioners appointed to this country—and thus it stood on Mon-
'day last, the 16th inst., when the last packet arrived, bringing
Senor Arrubles, the other Commissioner, but still no Mr. Hue-
tado, who will only arrive by the next packet, now on her pas-
uge fr.sim Jamaica to this country. One thing, at least, is re-
tuarkable on the occasion of the two last arrivals. Poor Mr.
.loner's occupation seems gone. No bulletin to the Stock
aexPange—no extracts of letters—no assurance of " satisfactory
Cm amicable" arrangement—no interview with the Vice Presi-
Perit;n° correspondence from the Minister of Finance.-
-which
P' there are persons now here, who could put theirfingers
upon trifling •
o inaccuracies in statements sent forth to the world
ni; mi4when those Gentlemen were four or five thousand miles
pe° tbe more safely hazarded. Or, to use the language of
w "gear'sca letter of the 12th tele ‘,The time is so" (Query,
too) at ea,
presentation will erd, when this traffic is falsehood and misre-
I have now at an end."
• brought this long and extraordinary history
i
down to the present ti
ne. } iarthe acts, declarations, and
decrees of the Colombian !
Government, correspond with the
acts and declarations of
tors for the Colombian ',o is persons a
the calling themselves Contrac-
atter which each reader
of this article will determine for himself. I have aimed at
representing with fairness the various facts, as shown by the
proceedings of the opposing parties, for so I must speak
of them. if I have misstated any thing, it is perfectly unin-
tentional, and I am open to correction. I have endeavoured
to render my statements intelligible, and it will perhaps be ad-
mitted that I have not sacrificed truth to courtesy. The course
t 'Ace in this respect was rendered necessary by the most unpre-
(:edented efforts of certain individuals to suppress the truth, dis-
tort facts, and, generally, to mystify the whole subject.
_Whatever knowledge I may possess of the course that will
ue pursued by Mr. Ilurtado and the Commissioners, when they
shall all be assembled in this country, it would be equally im-
Proper and premature to suffer that knowledge to form a part
of the present statement. I shall, therefore, add such general
letnarks, in conclusion, as arise out of the preceding matter,
:Without entering upon ground so delicate as that occupied by
the Envoys and Commissioners. They will be found quite
eclnpetent to the task assigned to them.
From the period at which the comparison of Spanish and
Colombian financial operations was discontinued, down to the
presepresent time, little cause for observation on the former Stock
nt
Presented itself; except with respect to the Fluctuations,
it'.°t considerable, which have been caused, from time to
elbnile, 'by the greater or less probability of a more favour-
-11.00Ailt;.. there
„ e disposition of the Government as to the Loans.—
is one point which ought not to be over-
Lo,teds) as it affords a strong proof of the value set upon
that ari s
last. nep'anwi im any slur . has been cast upon them. If the
mency-negociation be kept out of view, (I mean
and, cesiTig out of the original contract with Messrs. Bernales
Sir j now in the hands of Messrs. Campbell and Co. and
that leusLubbock and Co.), I believe it will not be disputed
t° 50 Per Yanish Government have actually received from 45
gate amour' of thene Cent, of the amount
by of all the bonds and rentes issued
Colombian Government declare that the aggre-
or 6 e a,ttern
from le 't of their debts to British subjects does not exceed
_ to en
the Y ar
per cent. of the sum of 2 millions sterling, for which
pted to be made ]Colombianresponsibe. e value
thatP.4niso stock is about 23—that of above 70 ;
rit to say, loans raised under the direct sanction and autho-
deYet.ot. the Government of the country borrowing, without a
C"ot being suested as to the receipt, by that. country, of at
test 45 to 50
of per Cent. are reduced to 25, being about one-half
'`Pon' the the
sum actually given in exchange for the bonds—and this
ciiiifte the mere dread qf their being annulled : whilst, in the
r case, where the Government declare that no authority
existed for the negotiation of any loan, that the whole was car-
bed through by imposture ; and in consequence have decreed,
~/ a solemn act of the two houses of Legislature, sanctioned by
te executive, and published with all formality as a law of the
public, that the loan and every thing connected with it is

THE SUN.

501,E31 QUIS DICERS FALSUAI AUDEAT

LONDON,
THURSDAY, FEBRUARY 20, 1824.

EXPRESS FROM PARIS.

We have received by Express the Etoile of
yesterday and the Journal des _Mats of Wed-
nesday. The former contains FERDINAND'S
Decree' for abolishing the Constitutional System
in all his Ultra Marine possessions, and for
legalizing the commerce of the subjects of his
Allies with South America.—We are glad to
perceive that this so much talked of document is
not quite so liberal as was represented, because
in its actual shape it is not so well calculated to
produce the effect of inducing the British Go-
vernment to defer its recognition of the new
States, as was at first supposed. The following
are extracts :

[From the "Rolle of Thursday.l

MAnain, FEB. 12.—(8y a Courier Extraor-
dinary.)—The King has ratified a decree of the
Ist of this month ; the treaty concluded on the

sth January between Count Ofalia, first Secre-
tary of State, and the Marquis de Talaru, relative
to the prizes made by the two maritime nations
during the war.

The King issued a Decree on the 9th to the
following purport :
" By the present Decree I abolish, in my
Estates beyond the Seas, the Constitutional
regime, and I re-establish my Government on the
same footing as before the 7th March, 1 no.

" ART. I. A direct commerce shall be main-
tained in my American States with strangers,
subjects of my Allies, and friends to Spain ; and
the merchant-vessels of the said Allies can be
admitted to trade in the said ports, as they are
in the ports of my European dominions.
" 2. There shall be a Decree or Law to regu-
late the said commerce, and to name the ports
where it will be permitted, as well in the Nor-
thern Sea and Islands as in the Pacific Ocean.—
There shall be established custom-houses, where
duties for importation and exportation shall be
received on an equal footing, as respects the sub-
jects of the said Powers.
" 3. It shall be likewise determined by regula-
tions on the subject, what advantage and prefe-
rence shall be given to the commerce, navigation,
agriculture, and industry of the Spaniards.
4. Until the two preceding Articles shall be
perfectly executed, there shall be no innovations
on the actual state of the commerce of America.
This Decree shall also be carried into effect as
soon as possible at other points. The same
shall be put into effect in regard to Cuba."

Rents 99. 40. ; end of the month 99. 65.
( From She Journal des Dibats of rirednesday.)

Fes. 17.--The Rentes for money have
to-day exceeded par, an event which will be
marked in the History of our Finances. In the
au.ient regime, the Rentes never were beyond
84, and under Buonaparte they were not higher
than 94. Therefore it has been reserved for the
Constitutional regime, and to a Royalist :Mini-
ster, to see them at par.

The Opposition Journals do riot cease to state
that France will be crushed by Loans. It is
true that we owe 197 millions of Renter ; 63 are
anterior to the Restoration, and arose from old
debts by the State. One hundred and thirty
were created to pay the arrears of the Revolu-
tion, and the charges imposed on us during the

100 days. Four millions went to pay the war in
Spain ; these four millions alone are attributable
to the King and Government.
The Duke de San Carlos, Spanish Ambassador,
had the honour to be received by the King.
OnissA, J AN. 21 .—Lord Strangford, it is said,
has received new instructions and full powers to
continue his mediation between Russia and the
Forte.

We received last night the Paris evening and
morning papers of Tuesday. The only article in
them of general interest was the extract from the
Journal des Dibats, relative to Spanish America,
which we published
yesterday. The following
are extracts from the Moils of Wednesday's
date :

PARIS, FEB. 17.--M. Joseph de Heredia,
brother to the Minister of Foreign Affairs in
Spain, who is intrusted with a mission to the
Court of St. James's, relative to the liquidations
and claims, arrived at Bourdeaux on the 12th of
this month, and set out for London the following
day.
The French Consul at Tunis has written the
King's Attorney-General at Marseilles, declaring
that there is not the smallest truth in a story told
by the Journal du Commerce, and repeated by
the Paola, that M. F., a merchant of Marseilles
settled at Tunis, had committed suicide, after
having made a solemn affidavit that he had com-
mitted the crime of baratry, for which M. Vita
Costa, a merchant of Marseilles, had been con-
demned to five years' imprisonment.
FRENCH Fn inls, Paris, Feb. 17.—Five per Cents. opened at
100. 30. ; highest, 100. 65 ; lowest, 99. 60. ; closed at
100. 15. Bank Stock, 1,750; Neapolitan Five per Cents.,
86i ; Rentes d'Esp. 26. Exchange on London, one month,
25 45; three months, '25 35.—( Cours Authentique.)

Dutch Papers to the 19th, and liamburgh to
the 14th inst. have arrived. The former only
announce that the Royal Decree issued in Jan.
to authorise the raising of a loan of 1,500,000
florins, for the purpose of digging a canal from
Vranen to Goraim, was ordered to be put into
execution, and that the agents sent by the Kings
of Sicily and Spain to Switzerland found much
difficulty, both from the Government and the
people, in obtaining recruits for the service of
their respective Sovereigns. The Hamburgb
Papers assert that the King of Denmark seriously
intends to give a Representative Constitution to
his subjects; and that not only Prelates and tha
Equestrian Order are to have a share in the Repre-
sentation, but that free landholders and the cities

will enjoy the same advantage. A High Court
of Appeal for Holstein and Luueberg is also to
be established at Kiel.

CITY, Twelve o'C/ock.:--Consols opened this
morning at 911,1, and, on the Expresses arriving
from Paris with the fall of the French itentes,
and likewise that of Spanish, the Market became
heavy, and lowered to 91-1414.—The Expresses
from Paris bring the French Rentes at 99f. 30c.,
last price after 'Change. They were done as low
as 95 70 in the course of the day.--Spanish,2lN.
The private letters state that the above fall was
owing to an operation between a French Banker
at Paris and a certain mercantile house in Lon-
don, for the purpose of purchasing New Spanish
Bonds, and causing the New and Old Spanish
Bonds to be nearly of one price.
FOREIGN MARKET.-Little doing in Foreign
Funds.

The prospectus of a Loan of PBOO,OOO for the
service of Greece is inserted in a preceding co-
lumn as an advertisement, to N%hiclt we beg
leave to refer our Readers for the particulars of
this, the first financial operation of the Greek
Government in this country, and which is cer-
tainly brought out under the most respectable
auspices and satisfactory guarantees. We also
refer our Readers to a long and important com-
munication in our preceding columns, on the sub-
ject of Mr. ZEA'S Loan fur the Colombian
Republic.

COUNCIL OFFICE, WhtrrEnar.r..-Yesterday
morning, at eleven o'clock, the Lords of his Ma-
jesty's Most Honourable Privy Council assembled
at the Council Office, Whitehall. There were
present the Lord President, Sir JOHN NICIIOLL,
Sir HENRY RUSSELL, Lord COLCHESTER, Mr.
STURGES BotiariE, and Lord STOWELL. The bu-
Siness upon which their Lordships met was to hear
and determine French Appeals. Their Lordships
were engaged till near four o'clock in hearing an
Appeal from the French Commissioner's decision,
in wlflchlso,ooo/.is at issue,arising from the bank-
ruptcy which took place some years since in the ex-
tensive house of BOYD, BENFIELD, and Co., and
which was the cause of a number of other failures.
The same parties recovered 100,0001. some time
since under similar circumstances. The King's
Advocate, Mr. FONBLANQUE, Mr. TYNDALE, and
Mr. KERR, were heard upon this great question.
The pleadings were principally in French. The
dicision was postponed to a future day.

Th 9 KIKO, just as he was about to step into
his carriage on Wednesday at Carlton Palace, at
a quarter before five. o'clock, to return to Wind-
sor Castle, was required to sign the Corntnission
appointing Lord Chief Justice Gmorty " to act
as Lord Chancellor and Lord Keeper, in the
House of Lords, in the absence of the Lone
CHANcELLOR." The Commission had been seve-
ral days prepared, but the necessity of obtaining
his INIAJEsTY's signature to it appears to have
been forgotten till half-past four on Wednesday.
The Commission was read yesterday on the
meeting of the House. It revokes the appoint-
ment of Sir THOMAS ABBOTT, Chief Justice of
the King's Bench, bearing date March 5, in the
59th of the late King, to act as Deputy Speaker.
-_-(Morning Paper.)
Twe Garex ClT.:sr.—Saturday last, a nu-
merous Meeting was held in the Town Hall,
Liverpool ; C. LAwaexce, Esq. Mayor, in the
Chair, for the purpose of promoting a subscrip-
tion to support the Greeks in their present
struggle againt the oppressive rule of the Turks.
About 1501. %vas subscribed before the Meeting
separated. The Resolutions were moved by the
representatives of every party.
Yesterday morning W. WINGFIELD, Esq. was
introduced to the office of a Master in Chancery
by the Lord Chancellor. The Learned Gentle-
man appeared with his Lordship on the 13ench at
the sitting of the Court; and as soon as his Lord-
ship placed his new hat upon his head, he bowed
and retired.

The sentence of the Court Martial, at Deme-
rara, on Mr. SMITH, th© Missionary, was that of
Death, accompanied, however, with a recom-
mendation to mercy. His MAJESTY has been
graciously pleased to remit the punishment of
death, and to direct that. Mr. SMJTH should be
dismissed from the Colony, and be called upon
to enter into recognizance's not to reside within
any of his MAJESTY'S Colonies in the West
Indies.

Ma. SHE 's TRAGEDY.—It is to be regretted
that this Gentleman's Tragedy is not to be re-
presented on the Stage, as, from his well-known
talents as a Poet, as well as an Artist, it was
likely to excite a strong interest ; but we are as-
sured that the rejection was conditional, and that
it would hare been licensed if the author had
submitted to the erasure of certain passages. We
hope that he will do so, and it may then afford
pleasure to the Public, and he can still publish it
as originally written. It is proper to add, that
Mr. COLMAN'S new office is that of EXAMINER of
Dramatic Works, that he makes his report to the
Lotto CHAMBERLAIN on their merits, and upon
whose judgment and authority alone they can re-
ceive the sanction of a Licitigcr. for performance.
'The sale of The Morntng Chronicle has in-
creased upwards of five hundred per day since
August last—a period of only six months.
WONDERFUL SUCCESS AT HAZARD'S ! I—BOTH
the L 20,000 Prizes, Nos. 3,693 and 10,693,
drawn yesterday, were Sold in Shares by HA-
zAnn and Co, at their old-established Offices,
Royal Exchange Gate; 26, Cornhill ; and 324,
Oxford-street.---Second Day of Drawing, St.
Patrick's Day, March 17, when the Two First
Prizes will have X 20,000 each. The Wheel
contains Five of R 20,000, and many other
Capitals.

THE KING.
WINDSOR, FEB. D.—This day at two o'clock, his 't
MAJESTY took a drive in his pony chaise in the Little Park.
—His Majesty returned to the Castle from Carlton House yes-
terday evening to dinner, in excellent spirits.—The King has
this day a large party at dinner.—lt is confidently reported
that his Majesty will attend in person the turning out of tha
deer at Langley Broom, to-morrow (Friday.)

His Majesty, when he came to town on Wednesday,
passed through Hammersmith, a little before one o'clock,
preceded by two dragoons (the 3d), and follpwed by eight.—
The appearance of the soldiers gave note. of the high per-
sonage who was on the road; and crowds collected to see
him pass. He appeared at the window, so that his lookers.
on had a good ♦iew of him. His Majesty was enthusi-
astically received, and loudly cheered, as the carriage
hurried him along. His Majesty, in return to these marks of
attention on the part of the multitude, bowed. The like scenes
took place at Kensington. He arrived at Windsor Castle at
seven o'clock to dinner, and had the usual dinner party—the
Marquis of Conyngham, Sir W. Knighton, Colonel Thornton,
&c.—lt is said that the King shortly intends to visit Drury.
Lane, Covent-Garden, and the Opera House.

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