The Sun.
London, England, 1826-01-21 00:00:00

ISTIIMUII Or PANAMA.

On the motion of Mr. Rim), of Massachusetts, it was
Item:dyed, That the Committee On Naval Affairs be instruct.
ed to inquire Mto the expediency of establishing a line of com-
munication between the Atlantic and Pacific Oceans, through
the Isthmus of Panama.

Mr. Reitz) spoke briefly on the great importance of the ob-
ject which his resolution embraced. In every point of view in
which he was able to place it, he conceived that it, importance
was as vast, as the expense which would attend the exe-
cution of it was inconeiderable. It was eminently impOrtant in
a commercial view. A number of nations, bordering on the
Pacific Ocean, have achieved their independence. 'We have
made treaties with these independent powers, greatly favour-
able. to- our commerce, which has become profitable and exten-
sive, and is still rapidly increasing. It is vastly important to our
whale ships, who, to that remote ocean, are far distant from
home; frequently remaining absent for the period of three years,
and in winch a medium of more expeditious communication with
home, especially in case of disaster, is not to be outweighed in
value by any trifling considerations of expence. But the most.
important view in which this subject can be considered, is in
relation to our navy. We have already two vessels of war sta-
tioned in the Pacific, and another is about to be sent into the
ocean. Hitherto all our correspondence with our ships in that
sea, has been by means of special vessels. lie 'needed not to
expatiate on the,disativintages attending on a tedious voyage of
ten thousand mi►es round Cape Horn. They would present,
themselves to every individual. The object of this resolution
was to do away with this tedious voyage, and to provide a
more safe and. expeditious ,mode of communication,. By,
this means there' would be as great saving of time effected, $t a

very trifling expense. lie hoped, therefore, the resolution
would pass.—Agreed to.
(From the New, York Gazette, Dec. 24.)
We learn from Washington that the Senate on Tuesday eon-
firmed,. without a divieonstile appointment of Mr. Rides King,
as Envoy,4l-ntefolinsryi and Minister Plenipotentiary to Great
Britain, anti :11rJohn. King, A. as Secretary of Legation.—
Yart* atZ;Vel
Sailors-are.very much wanted at Portland. • Some have been
paid as high as twentystivesiollars. e • • .• 'Letters received in town yesterday niorning state that Mr.
Edward Thomson, of Philadelphia, who lately failed feta laige
amount, has been arrested at New-Castle, jost as he was going,
on hoard the ship Algonquin, for Liverpool —( Post.;
Ittosl THE- schosner Argonaut,' Captain
Bossieree arrived' at Italtimore, in 13 days from Obagres.
:The Baltimore, Gozette,says, the information by this arrival
• from Panama is the 2fith of October, and from Lima to the
Ist of the same month. General Bolivar was will in the
`,Upper Provinces of Peru,•and great preparations were making
by the Patriot ibtees besieging Callao to carry it by storm. It
instated that -the illaa•quis Torre Tagle, formerly President of
the Congress-of Peru, and who subsequently turned traitor to
his country and joined the standard of despotism, and took re-
, tugs ,• in the •- Castles ,of Callao, made propositions to the
.•commander of the patriot troops, which were of a nature that
caused theirimmethate rejection. The Colombian slob') of war
• Pinchincha haringsapproaelted too near the castles was totally
diennutted hy the tire of the enemy, but fortunately made her
escape. Provisious contioued to get still scarcer among the
- troops of :Roth!, and hopes were entertained that he would get
the better adds obstinacy by starvation in a few slays, and sur-
render at discretion. • •
The frigate United States, Commodore Hull, and two other
United•States' vessels were lying at Cherillos on let October...
• .There were.l,soo troupe still at Panama on the 2tith Octo-
ber—and another corps of between three and four thousand of
the victorious Colombian army, which assisted the conquest of
Peru, was daily expected. The Commiesaries were at Porto
Bello, making the necessary preparation for their reception,
and: immediate embarkation on the board the transports which
were waiting to convey them to Carthagen4 to join the expedi-
tion fitting at that place.
Flour at Panama, from 30 dollars to 3.5 dollars,-Dry goods
dull. The schooner James Monroe, would sail in a few dap
for Guayaquil.
WAsHING 'MX, Dm the course of the executive
business, this morning, the appointment of Mr. Refits King,
as Minister to Sr. JanieS was confirmed by the Senate. As
On .divieioo took place, we are unable to state the vote on the
occasion. Previous- to secret session, the usual morning busi-
ness was transacted.'
Louistasta.—A large extent of 'Country in this State is an-
nually overflowed by the Mississippi: The whole extent' of
lands thusiintandated is 8,340 square miles ; and if to this be
added 2,550 square miles for the inundated lands on Red river,
the whole•amount in-the State will be 10,830 square miles. It
must not be supposed, that this extensive tract is onecontinued
sheet of water. • It -is intersected by innumerable canals and
lake; which, interlecking in • a thousand mazes, chequer the
whole face of tne country. The whole area actually submerged
is about 4,000 square milts.•
:II tett (lats.—Drummond leland.—The British military
post, eituated at the head. of Lake Huron, has been declared
to be •within the limits of the United Stites, by the decision of
the boundary commiasionere, under the treaty of Ghent, anti
that decision has been ratified by the government. Still the
island is not abandone by the British, but is occupied by their
troops, and •is the head-quarters of their intercourse with the
Indians in the north-west. —A panther is said to be prowling
about Dettoo ; he has killed several animals, in consequence of
which the sharp-shooters talk of pitying their respects to stint.
FLottina.—The Basket Patriot, in speaking of the commu-
eication.of Mr. White, to the -Secretary of War, on the subject
of the Canal across the Flotida Peninsula, remarks, that it has
been recently. stated that one Insurance Company in that city,
hesaustained 'low; on the Florida coast, nearly equal to the
expellee of the proposed canal.
Caracas Papers of the 13th of November, announces as a
rumour, -that our(iovernment has determined not to become a
party to the-acts of, die Panama Congress ; and that our Com-
missioners will attend only in coMpliment to that assembly.
lien. Pedro Itrieeno Mendez' 'it appears, is associated with Mr.
Gaul, as a Delegate from Colombia, and had embarked at
Lagnayra for that purpose. • " • • •
Two mere banks, the Pacific and the Pheenii of Nantucket,
are reported to have terokens • •
About 100,000 yards of cloths of various descriptions were
shipped at New Vork on board a vessel, which has just sailed
front that port, and which are intended as donations to Greek
women and children. • '
The total of the cotton crop of the United States, for the year
ending. October 1, 1825, is said to be 50,249 bales, being an
increase of 601091 bales on the crop of the preceding year. •
The'sum of 228,7.11 dollars-in specie and bullion was im-
ported into Boston the first, three quarters of the present•year.'
The average ainount paid annually in Kentucky for wolves'
scalps, asappears by a raeent report before the leogislattire of
the Stattssits• 1,800 dollars., A bill to do away with the bounty
was rejected.:
Witliintihalsistfuer day; the weather has become excessively
cold, and-liwiterdayswilFperhaps be exceeded by no day, of the
'Anusiin:the weVerity.llll4 'intensity of the frost. • The •river on
both salad as s trouts to is cone kl trabla (Octet' le 'and huge masses
of ice are floatins down With' the strettiit.—t Montreal Herald,
Deti..41.4 =`/". • ' •

Yesterday Prince POLIONAC, the French Am.
haisolnr, traniactell businphs at the Foreigt
, „
°lnce' witii 101,. 3ecret4try CANNING.

vo.
l esterday morning Sir HERBERT TAYLOR,
IttVal HiglifietbS'S Military Secretary, transacted
military Ittoitiose with the Duke of YORK, at the
Dukc'e rvbideuce, South Audley.
strEet.

Yesterday morning the Earl of LIVERPOOL
and the Chancellor of the Exchequer came to
town (rum Combe.wood •and Beckenham, to
meet several Gentlemen upon tho subject of
fittance, and other official business. At half-
pot three o'clock the Governor and Deputy-
GOVOIiUr of the Bunk of England lead an inter-
view with the Earl of Liveurout. and the
CHANCELLOR of the Exclitt,WKil, the Earl of
Liverpool's bowie in Whitehall, which lasted
above an hour, after which the Earl of LIVER..
POOL left town in his travelling chariot for
Conebe.wood.

DECCAN PRIZE Caust.—We understand that
the Lords of the Treasury have decided that the
exclusive claim of Sir T. 11.161.01, and the army
of the Deccan, on the booty alluded to in the
report of the trustees is confined to the sum of
130,0001., unless they can how that any of the
deposits were in Poonalt at the time of the cap-
ture of th►►t city ; and directs that the residue of
the fund shall lie divided among all the Presi-
dancivs engaged in the campaign. It does not,
however, seem that this decision limits the
claims to he tnade on the East India Company OR
behalf of the Daman army, or of all the forces,
to the sums which were the euhject of the re-
port on which the determination is founded,
(77met.)

The prompt on itHilgO, dtHo at the East India-
Hetw. on Friday last,sitd whiuh amounts to about
700,0001., near 300,0001. has not been paid.
We have authority to state, that Lord SOUTH.
AMPTON wilt Shortly lend to the altar Miss
HARRIET STANHOPE, only daughter to the lion.
Colonel STANHOPE, and niece of the. Earl of
HARRINGTON.
The discarded waiter who was found under the
seise at a certain gatning.house, declared, that
though in place of such obscurity, he could see
as well as any of them, having been couched.

ROY i COBURG THEATRE.-117 the bill of
fare fur next Tuesday, advertised tut this Paper,
g
we perceive a host of dramatic talent combined,
to ive
Qt the %Dow of the late lamented Mr. lieNtty'
effect and a successful issue to lielytilk
BeNGIOUGH. The Profession have generously
come forward, and exhibit a phalanx of science
and varietnevt:r produced upon a similar oc-
casion,

THE FUNDS.

Consols—Yesterday closed
After the Close

This morning opened -
The activity and bustle of yesterday, have been
succeeded by lassitude'—the Market to•day, be-
ing in a dead .ualtn. Consols began 798, and.
until 11 o'Clock, the Market remained mlls-
, turbed, but by a solitary Bargain. After that
hour, the price advanced to 8041—buyers—
but very little business has been effected. In
settling yesterday, the amount of checks given for
differences was quite beyond precedent—and all
duly honoured. At one o'clock, the quotation
to-day, was—Consols for Account 8084.
3 per Cent. Reduced . -81 k.
3i per Cent. Reduced 881.
New 4 per Ceut. ex div. -
Rank Stock - 214
India Stock . 235,
1i :cheque( Bills, .ElOOO-1 dis. 1 phi,
4500—par.
4:100-1 3 pm.
-FOREIGN.
In South American Securities, there is 4 slight
improvement, but the amount of business has been
inconsiderable. Colombian (lBc2-1) 681- ; Mexican
6 per Cent. 661 ; Danish has declined i since
yesterday, now 59 ; Spanish 12f; Greek 141 ;
Russian Bonds 83

SHARE'S.
Thi, Market still completely staguaut.

Consol# for Account

.1 PAST 2.
-801 i f

FASHIONABLE I NTELIAGENCE.

THE KING.

WINDSOR, JAN. 20.—Yesterday his SIAJICSTY did not
' take an airing, but confined himself to the Royal Lodge, and
enjoyed the company of his visitors.—On Wednesday forenoon
his Royal Highness the Duke of York visited his Majesty, with
whom he had a song interview ; the Royal Doke, after taking
refreshments with his Brother, left the Royal Lodge.—Last
evening his Majesty again entertained his visitors at dinner,
with the addition of Sir Hussey Vivian, who arrived at the
Royal Lodge in the afternoon, and Lord and Lady Mary-
borough.—llis Majesty will this evening give a splendid en-
tertainment at the Royal Lodge ; the rrirate Baud have re-
ceived orders to be in attendance.