The Sun.
London, England, 1823-12-02 00:00:00

vourable representation of the state in which the
differences between that Government and the
British ;squadron lemain. The-disputes were
unsettled up to the date of the last letters. A
Brazilian Loan is in agitation. Two reapectable
houses .in the City are mentioned as the con-
tractors ; and we heard of one Gentleman who
had agreed to take 25,0001. in it ; but it is not
yet brought out ; and possibly it may not come
into the market. One of the most remarkable
circumstances that have occurred in the moneyed
world fora long time is the following, which is
reported on good authority. The Bank of Am-
sterdam, which was accustomed to discount.at
three per cent, and to lend money on deposits of
gold or silver, is said to have resolved not to
discount in futore under five per cent., and to
have declared that it will not make advances
on deposits 'of the precious metals. We
give this report, as it has reached us, from a source
of the very highest respectability. At the same
time we must confess that we find it extremely
difficult to comprehend the causes of such an oc-
currence. Money is undoubtedly so plentiful
in London that the great capitalists are at a
loss to discover adequate modes of investment
—and we have reason to believe that in Holland
there is a similar abundance of capital.—The
French Rentes closed on Friday at 89f. 00c.
and the Spanish Bonds at 27. The Duke of An-
gouleme will this day make his triumphal entry
into Paris; and certainly, whatever idea different
parties may erctertain of the policy Of the war in
which he has been engaged, the moderation and
prudence with which he conducted it in so short
a time to complete success roust be admitted by
every body. What the wonder working Napoleon
could not achieve, in six years he did in six
months. Poor Sir Robert Wilson has lost two or
three more of the fine' stars be used to be so vain
of displaying on his coat :—the Emperors of
Austria and Russia have ordered Sir Robert
to be deprived of the Orders and decorations
they had conferred upon him. Consols closed
yesterday at 84/ with little business doing. In
foreign securities, too, business was very slack.
Yesterday was the settling day in these secu-
rities, and it passed off easily. Spanish Bonds
are dropping down; they opened at 27, and
closed at 26k,

VuIRITISH PRESS.]
The great ret ction of the duty on spirits in
Scotland has, by increasing their consumption,
contributed to the very visible and rapid in-
crease of that destructive of all vices, drunken-
ness, to an extent, the most alarming. In Edin-
burgh and Glasgow, the low price of whiskey,
and the consequent facility with which it is ob-
tained, has already produced a most injurious
effect on the morals and habits of the poorer classes.
it is possible that the revenue may be augmented
1)y thus lowering the duty ; but it can only be
augmented by a greater quantity of spirits being
drank, in consequence of its being thus put within
the means of the lower classes to procure them.
This we consider as a most mistaken policy.—
The only bask on which the prosperity of the re-
venue can safely be made to rest is the sober and
industrious habits of the people ; but. these are
gradually destroyed by the use of spirituous
liquors; and we need be at no pains to prove,
that wretchedness and misery can contribute
nothing to the permanent improvement of the
financial income, or that wretchedness and mi-
sery are the sure results of idleness and intoxica-
tion. The protection of the West India interests
requires that the duty on rum should be lower-
ed ; and the liberal views which govern the
Chancellor of the Exchequer, will, we trust, in-
duce him to attend to, the irresistible claims of
the West India proprietors, who have long suf-
fered so heavily from the decreased price of
Colonial produce, which can only be com-
pensated by a ready and profitable market,
for the spirit distilled from the juice of the
sugar-cane. This market suffers considerably
from the preference given to brandy. A memorial,
we know, has been presented to the Treasury,
representing the difficulties under which they have
long laboured, and the ruinous losses which their
estates have sustained. It is manifest that their
interest must- be severely aggravated by the de-
pression of the rum market, in consequence of
the decreased demand occasioned by the lower-
ing the duty on spirits of British manufacture.—
Why their property should be thus sacrificed to
that of the Scotch distillers, we are at a loss to
discover. Their complaints on this head are most
urgently entitled to redress, which we most ear-
nenly hope they will obtain, for without it we
can foresee no other result than the ruin of the
West India planters, front a traffic in produce
which only the equitable interference of the Le-
gislature can save from being wholly unproductive.

fidORNING HERALD.]

Letters dated the 12th of November were re
ceived yesterday frem Gibraltar by the Camden
packet. It uppears that a strong sensation was
excited there by the conduct which the Govern-
ment has observed towards the Spanish Congi.
tutionalists who had sought refuge under British
protection. All these prescribed persons, mem-
bers of the Cortes, Ministers under the Constitu-
Lionel system, and others, received orders from
authority to leave Gibraltar'by the 13th. One
exception only was made, in favour, al Go.
neral Alava, to whom the Governor's pleasure
was intimated that he might remain. General
Alm, however, did not avail himself of this
special favour. lie waited upon Lord Chatham,
complained of the harshness with, which the Go-
vernment treated the Spanish refugees, and de-
clared, that, though the state of his own health
was very
,precarious, yet he should, embark on,
the first opportunity, and share the fate of the
rest of ,his countrymen. His intention was to
proceed to this country. S•me of the refugees
,were thrown intoauch consternation by, this order
of the Government, that they had thoughts of
returning to Spain and throwing themselves
into the hands of their enemies in despair.:—
The garrison and the tugrcantile ininthiuints of
Gibraltar are rlescribed in those letters its sur-
prised. and shacked ,Ett the, conduct which has
been pursued by the Government, on this anti
other occasions. Not only the Spaniards who