The Sun.
London, England, 1823-11-04 00:00:00

THE LONDON JOURNALS.

DAILY
Extracts from the Morning Papers, November 4.

[Tilt TIMES.)
The first act of the Royal Ferdinand of Spain,
since his surrender to the French, by which this
country is directly affected, appeats to be of a
favourable nature. He has confirmed the con-
yentiontoncluded with us in March last by the
Constittitional Government, in conformity to
which British merchants were to be indemnified
for Hie captures made by Spanish privateers.
This is a measure (probably among very few of
he same kind) w hick we shall not venture to re-
prebend • and as it is sanctioned both by the
Constitutional and the Regal Governments, the
Spaniards themselves are not likely to complain
with any great effect, The execution of it, how
ever, may, perhaps, be more difficult than the
formal enactment. The account of the fact has
been brought by the Bon. Air. Elliot from Sir
Wm. A'Con rt.

The Journal des Debuts of Friday, in com-
menting on Lord Strangford'% dispatch to the
Porte, dwells much on the 4t unity of purpose"
entertained by all the European Powers with re-
gard .to the Russian question. But it goes a
liple further, and asserts that a similar uniformity
of views is about to be exhibited in the negocia-
tions relative to the future lot of Greece;
towards which, says the Journal des Debals, all
nations and all parties have " only one desire."
What, then, is that desire ? We were told that
all Europe had but one feeling about Spain ; and
the nature of that feeling, in its Parisian accepts-
lion, has since been pretty well explained to us.
Must we then take for granted, as the universal
wish of Europe, that Greece should become what
Spain has sunk into—an abject slave to a fero-
‘ious oppressor ? The Holy Alliance long ago
condemned the insurrection of the Greeks, as a
crime against Turkish legitimacy !--(/bid.)

[atoaNING eon.]
We received last night the French Papers of
Saturday, which inform us that none of the
morning Journals would appear on Sunday, on
account of its being All Saints' Day. They re-
peat the statement of the Done respecting the
capitulation of Barcelona and the other Cam-
lonian fortresses in the hands of the Constitu-
tionalists, but add no official confirmation of the
fact The intelligence, therefore, appears to have
been premature ; but of its proving ultimately
correct, no donht, we fear, can be entertained.---
A Proclamation issued by Alina—(sce another
column of SuN)—on the day on which it
was said that the articles of capitulation had
been signed, shows that if it were not yet
done it was on the eve of consummation,
and that he had entered into negociations
with the French, which had excited the dis-
pleasure of the violent Constitutionalists, and
led to a popular movement against his authority.
" This Proclamation," says the Journal des De-
bats," clearly indicates the disposition of this
revolutionary Chief. Private letters from the
vicinity of Barcelona announce that he had de-
manded an armistice, in order to treat about the
surrender of Barcelona, Tarragona, and Hostel-
;la, and that he had appointed Commissioners
to repair to the head-quarters of Marshal Moll-
oy." ft would appear, from this statement,
that the capitulation was certainly not signed on
the %fith ultimo, but was likely to be in a few
days. The same letters say, that 46 Mina had
caused the head Officer of the Staff, Albo, a
.phrenzied Revolutionist, to be arrested, for hav-
ing tried to raise the people and the militia."

[MORNING CURONICLE.I
The Bourbons will in future, pursue a straight
course towards despotism, and fortunate will be
the British nation, if a short time does not afford
them sufficient reason for deploring the fatal
effects of the late and present supineness of his
Majesty's Ministers. The English nation dares
not, in the 'opinion of the French Ministers, ao.
knowledge the sovereignty and independence of
the new' States of America, although the, future
prosperity of the manufacturers depends on this
event. The occupation of Italy by Austria, and
the reduction of the Peninsula to a Province of
france,do not disturb the balance of power amongst
notions, according to the Bourbon principles; but
&gland must not declare the Ame rican States free,
because, in the opinion of the Holy Alliance and
of the Bourbons, to grant to 17 millions of souls
their natural rights, will be hostile to monarchi.
cat principles of Europe. On the Foreign Stock
Exchange every description of Stuck was yes-
today lower, except Poyais Bonds, which have
nearly doubled their value since Saturday. The
dividend has been paid, it seems, yesterday ; and
so long as this is done, they certainly do not
yield in value to the Bonds of more powerful
Princes. Chilian Bonds are I per cent. and
those of Colombia three per cent. lower. The
almost certainty which now exists of the recogni-
tion of this loan by the Colombian Government
is the rause that they have reached this value.—
The price at which the contract was made,
theinterest, and the contractors' commis.
sloe, have all been approved of, and the
disposition of the 80 per cent. of cash alone, is
pow requisite to set all disputes on this subject
at rest for ever. Little doubt can therefore he
entertained, that the first advices will bring the
final acknowledgment., because it is probable
that Mr. Jones would instantly furnish the
Colombian Ministers with the necessary ac-
coustts. it is, however, !till maintained in the
city that the Bond-holders cannot be interested
in the• settlement of M. Zee's accounts, and
that their claims on the Colombian Government
remain the same, whatever pay be the result of
the examination into the Contractors' transac-
tions with the late Colombian Minister. Spanish
Bonds are not so free sale as they were on Se
-
Modal, and they have declined nearly one half
per cent. Much may be said against these Bonds
wider the existing state of affairs in Spain, .whe-
the King acknow ledges them or not, and it is
Very difficult to say any thing in their favour.--