The Sun.
London, England, 1826-02-10 00:00:00

PRICES OF SIIALLES AT ONE O'CLOCK.

Anglo-Mexican Mining Company Per Share.
Ari
gna Iron and Coal Mining Company .....
Ilolanosllining• Company
Brazilian Mining Company ..
Briglisli Mining Company New United Mexican' Min ing Company
Continental Gas Company
Australian Company
Provincial Bank of Ireland
%Vest India Company ••••

10

FOKEIGN
Anurven.'
. _

DUE.

Guernsey and Jersey
Gottenhurgh
ilamburgli
Flanders -
France
Leeward Islands
America -

\

111(111 WATER AT LONDON WILIDGE U)RROW.
Morning, 3.3 minutes after 4.1 Evening, 41 minutes after 4.

/44 SUN.

•W(E:JI QUIS DICERE ,i..IT4SUM 41IDE4T

LONDON,
EVENING, .F.BRIf.-411Y 10, 1826.

,The Carlsruhe and Lausanne Gazelles were
rectivtid this morning ; they contain no pews,
and furnish only the follo!,ving extracts, giving a
short account of the education of the Grand
Dukes CONSTANTINE and Miciritur, of Russia :

(From' the Cathruh eGazette.)

A TIGSBIntqt FRn.2.
Some French Papers, for instance the daffier rra08449
give some enormous stateMentrespeeting the education of. the
Grand Duke Constantine, who has soilobly refused a Crown.
The two Grand Dukes Alexander and Constantine were edu-
cated together, under the direction. of Fielil-Marshal Count
Toltekow. Each of the Princes had besides a particular Sub.
tutor and four Cavaliers attached to hii.aervice. The Sub-tutor
of the Grand Duke Conitantine was the Baron of Oaten Sacken,
formerly Russian Ambaisador in Denmark, and, in his youth,
Cavalier of the Grand Duke Paul, Afterwards Emperor. One
of the Cavaliers' of Prince Constantine was Lieut.-Colonel
naldwin, a Greek of Thessaly, a man equally distinguished by
his education and his knowledge; he was specially commie;
Coned to instruct the Prince in the Greek language. After the
death of this respectable- Officer, another Greek Cavalier was
employed for the same purpose. The duties of M. liourouto,
now Lieut.-General did not commence till after the education
ofthe Grand Duke was finished. They acquired him the ho-
nourable confidence of the Prince, which he enjoys, but which
had no connection' whatever with the duties of a teacher. These
were confided exclusively for ten • years to the same Frederick
Cesar de la liarpe, of Rolle, who was the Tutor of the Em-
Peror Alexander; and his constant care to cherish brotherly af-
fection between these two Princes, probably contributed to pro-
duce and maintain that perfect harmony which always subsisted
between them.

• (From the Lausanne Gazette.)
The Grand Duke Michael is about two,years younger than
the Emperor Nicholas, and was brougl!t up with him. After
completing his education, he travelled under the care of Gene-
ral Aletinsky. On his return, he began to serve as General,
received'the command of a diVision of the Guards, and directed
his attention chiefly to the artillery. He married the Grand
bushes* Helena, a Princess of Wurtemburg, a lady of the
greatest merit, who has acquired jiis entire affection.
The Emperor Alexander has had a magnificent palace
built for this august couple, in the front of his gardens, which
embellishes that quarter, and has been the occasion of build-
ing several new streets, which facilitate the communications
between the different parts of the city. The Grand DUlce has
resided in it since the beginnin,g of last summer. This palace
is admired for its facade, the iron railing attic court yard, and
its internal decorations.
The Grand Duke Michael is a very handsome man, with
144 open and ingenuous countenance ; very pleasing and af-
fable in his manners, and of an upright and sincere charac.
tor, He has a very decided taste for the military sciences,
ill, which, as in other particulars, ho resembles the Grand
bake Constantine. He is often met'alone in his Droschki,
going to make nnexpected visits to the establishments under
his orders, or to the barracks of the regiments of his division.....
Re is Perfectly revered in the service, in which he displays in-
deistigable zeal and activity. Thus ltewill be the right hand of
tbe Present Emperor, who has confided to him the Engineering
4fePartment of the Mines.

-riles of West India Journals, from the (lit.
fe
rent. Islands were received this-morning, frOm
—llrn We have made the following extracts:—
IlAttnAnocs, DEC. 21.—The following is an extract from
:the IN-book nf the mail.boat Eleanor, Captain Viroodthorper—
flundaY, Nov. 27, at 11 A. as,, spoke the French ship Olive,
;4nrdeaux, from the coast of Africa, bound to Porto Rico
ith a cargo of slaves ; she had sailed with 350 on board, and
01°4117- The'Captain and 'Mate had also died, and several of
e etelv and others were sick. They were short of provisions—
Pared them six fowls and seven pieces of beef, at noon, 16 deg.
t 'gine N., 65 de g.-30 •min. W." re It is thus we see, almost be-
our° eYes, how the efforts of the British Government to put
aFnala
the dalblp to the traffic in slaves are directly counteracted by !
Y abuse of the continental flags. All the activity and
4ti°ll* of ouc cruisers are quite insufficient, not merely to
444
thii existence, but even to arrest the progress of the inhu-

man trade. From Cape Palmas to the River Congo it is carried
on with increasing vigour, and the wretched subjects of King
Cootry, King Pepple, and King Cole, are driven off to an igno-
, minions sale, and subjected to horrors of a middle passage, as
shocking and horrible as ever the ready pen of au Abolitionist
has described, or his fancy invented. It is lamentable
to reflect upon the waste of human life which is mem.:
sioned by this sort of commerce; and, regarded in a
political point of view, the conclusion is forced upon, us
that foreign Cabinets will never be disposed sincerely to co-ope-
rate with England in its final extinction. 'Many thousand
Africans are imported yearly into their possessions abroad.—
The undue advantage which their subjects thus acquire over
the British Planter, enabling them to undersell him in the
European market, is well appreciated ; and self-interest die=
tates to them the necessity of 'preserving him at the greatest
hazards. Where the whole British Navy united in protecting
the slave laws from the violation of foreigners, it is doubtful
whether its power would completely avail. The schemes of
mercenary cupidity are organised with surprising ingenuity.—
The strictest vigilance, the most watchful activity, will some..
times be over-reached and defeated._(Colonist.
I3ARBADOES, Nov. 22.—Arrived his Majesty's ship Py-
ramus, Capt. Gambier, from Portsmouth.

Dec. In.—Brig Elizabeth, from Liverpool, bound to Car.
thagena.

Dec. Majesty's 'ship Redpole, 32 days' passage
and ship Thorne, from Liverpool.

Dec. 30.—Ship Britannia, to M. Cavan and Co., arrived this
evening-30 days froin Gravesend.

ANTIGUA, JA>r. 3.—Two shocks of earthquake were expe-
rienced here yesterday morning; the first, which has exceeded
in severity any that has been felt for some time past, occurred
'at a quarter before one ; and the second, which was slight, at a
quarter after.

Tamman, Nov. 23.--The fine ship Naparhna, Captain
White, London, in endeavouring to get through the Boca on
the night of Saturday last, struck on a reef of rocks. We un-
-derstand she is completely wrecked, but is in such a situation
as to enable the crew, and those that went to her assistance, to
strip her of her sails, mast, and rigging ; and we are also happy
to state that some part of her valuable cargo is saved.
ST. JoHtes, Jar/. 5.--Arrived the ship Jamaica, Morton,
from London; brig Zephyr, Candlish, from Whitehaven, and
brig 'Mary, Wilson, from Dublin, arrived in this Port yester-
day; and brig Mark, Robinson, froth Liverpool this day.

[Port of St. John, Antigua, Dee. 6.]
Arrived the Mail-boat, Eleanor, from La Guayra. The brig
Alliance, Whitring, from London, bound to Nevis, was spoken
off this Island on Sunday evening last; she sailed in company
with the George, llibbert, for this Island, which vessel may,
therefore, be momently expected.
Dec. B.—Brig Mersey, Fairclough, for Liverpool ; brig
Hodr,kinson, Cherry, from Bristol; the bark Eliza, Johnson,
anchored in this road on the Bth inst. from London, and sailed
the following day for Jamaica.

Dec. 29.—Brig Planter, Potts, from Liverpool.
Jan. Majesty's packet Redpole, and sailed for

Montserrat.

Caraccas Papers to the 9th December arrived
this morning. The following are extracts:—
We learn that the Liberator was in Puno on the 6th August,
and that General Sucre had set out to meet him on the Ist July,
at La Paz ; but we can scarcely reconcile geography or dates
in this statement, La Paz being within the territories of Buenos
Ayres, and Puno on the frontiers of Upper Peru.
We announce with pleasure the arrival of the first body of
Colonists in our territory under the Agricultural Association
established in London ;'they cannot be of Scotch families.
PRICES CURRENT AT CARACCAB, Dec. 21—Coffee, 11
dollars per quintal ; Cocoa, 22 ; Indigo, 17 rs. per lb. ; Cotton,
12 ; llides, 14 dollars per quintal ; Sarsaparilla, per do.

The question of the Currency WAS again under
discussion in the House of Commons last night,
and again
,every attempt was made to cover up
the share the Ministers had in producing the evils
.t._ _

the country is at present enduring. However,
we are at last arrived, at one conclusion with
referei.ce to the late panic, viz. that it has been
destructive to the trade of the country; and fur-
ther, that it is still working in secret, and effect-
ing the ruin and overthrow of commercial houses,
hitherto deemed too firm to be shaken. The
word panic here must mean want of confidence
n trade, and it is therefore just to inquire into

the causes which produced this waut of con.
fidence. Ministers, with their accustomed inge.
nuity, endeavour to shift the responsibility from
themselves, and therefore say, that it arose

'rem a wild spirit of speculation. Admitting

for an instant, that a wild spirit of speculation
was sufficient to have caused all the evil the
commerce of England has of late endured, there
must have been some cause or other that produced

that wild spirit of speculation—and that cause
can be'no other than a superabundance of capital.
Superabundance of capital is clearly traceable to
the measures of the Administration, and thus we
come back to the point ; and we suppose, if we
can make out this last assertion, that the blame
must rest upon the shoulders of the Ministers,

however unwilling, or however incapable, they
may be to sustain the burden thus thrown upon

len).

We believe, a few years ago, when Ministers
were pressed on every side to reduce the public
expenditure, and repeal a portion of the immense
taxation that oppressed the country, they found
themselves compelled to obey the voice of the
public. The, readiest means of doing tills, and
saving themselves and ftiends front the imme-
diate effects of national economy, was to reduce
the interest of the National Debt, and the
low price of agricultural produce at the time
unluckily favoured the scheme. A simple reduc-
tion of the interest of the National Debt, without
a corresponding reduction of the value of money,
or the interest for the use of money, would have

produced no effect, and the Government.there-
fore found itself compelled to apply to the
Bank (the ever ready instrument of every ad-
ministration) to discount at 4 per cent. The
effect of this measure was to throw into
Atte market a large quantity of money,
and thus, by the fact itself, and the addi-
tion to the circulating medium, the value of
money was depressed, and value of stock in-
creased. Their next measure was to induce the
Bank to discount at three months instead of two.
Thus again the credit of the country was aug-
mented one half, for houses before accustomed
to discount at three, now discounted at four
and so the measure operated through
every gradation of commerce, and at once threw
into the Market still larger sums'of money. This
influx of money was further increased .by
the measures adopted by the Bank of lending
money on mortgage and on deposits of stock.—
The•interest of moitey thus lowered; the mer-
chants were compelled to seek some employMent
for their capital, and if, in seeking for this em-
ployment, they did give way to a wild spirit of
speculation, ivho were to blame but those whose
measures, by depressing the value of money as
a commodity,and preventing all hope of a valuable
return by loans, or by the purchase of stock or
other public securities, bad rendered it essential
that some occuption should be, found for money
in mercantile speculation. It is not, then, too
much to.say, that to the policy and measures of the
Government we owe the present disastrous state
of the country, or to attribute to the Ministers
the shock to which. the commercial credit of
the country has been so cruelly exposed.—llad
they acted honestly by the country, and when
driven to the necessity of reducing the national
expenditure, pruned off some of its exuberances
in the higher departments of the State, instead of
breaking their faith with the public creditor, it
is easy to see this misfortune had never reached
us. We had steered clear of the evil, and should
not now have to deplore continued bankruptcies
and continued insolvencies amongst the high as
well as amongst the petty traders of the country.
Through their culpable negligence and want of
foresight has this affliction visited the country,
and not, as they would wish it to be believed, to
the speculations of merchants, however wild or
however unproductive.

Tit LouD CATANCELLOII.—The health of his
Lordship, we are happy to say, is nearly re-
stored. Thu answers given this day were, " That
his Lordship continued to improve ;" and at the
House of Lords a confident expectation was held
out that his Lordship would to-morrow take his
seat at Lincoln's-Inn-Hull, for the purpose of
disposing of some causes which press very hard.

DOVER, FEB. 9.—His Grace the Duke of
WELLINGTON, accompanied by Lord FITZROY
SommtiET, and the other Members of the Em-
bassy to Petersburgh, arrived here this morning,
at ten o'clock,
.from Canterbury, under a salate
from the Western Reights.--At eleven the party
embarked in his Majesty's packet Puffy, Captain
HAMILTON, for Calais; it was a beautiful day ; a
large party bad assembled on the Pier, and the
Noble Ekke was enthusiastically cheered as he
quitted the harbour. The packet will arrive at
Calais about ten o'clock this afternoon. Sailed
the Britannia steam packet, BusncLL, for Calais,
with passengers.

THE SPIT.% MELDS WEAVE:RM.—The! LORD
MAYOR has received the following note, inclosing
the within-mentioned sum for the service of the
tipitunields Weavers. The excellent Nobleman,
who has so benevolently and largely contributed
to the relief of the starving population of Spital-
tidds, has frequently transmitted MIME of money
for the use of the distressed, to the Mansion-
House :
" my Loan, " flaky Castle, Feb 7.
-
" Although, from severe illness and confinement to my bed,
it ie with great difficulty that I can write, I cannot refrain from
endeavouring to convey to your Lordship the great sympathy
that I feel for the extreme distress of the 1-31?italtichls weavers;
than whom I am convinced a more honest, industrious, peace-
able, meritorious in time of riot, though suffering under priva-
tion and distress, class of the community, does not exist, and
therefore have much satisfaction in inclosing to your Lonlship
Five Hundred rounds towards their relief. In sending this
donation, I must give my opinion for their information, that
the present distress, which also is heavily felt in other article.
of our trade and manufactures, cannot be imputable to any
measures which the present Administration has thought it right
to propose and adopt, and that it is my firm conviction, that
the steady perseverance of the Government in the littera! line
of policy they are now pursu
greatest and -most permanent, advantages to the country.---I
my 1
have the honour to be, Lord, your Lordship's vety obedient
humble servant, will be productive of the
" DARLING TON."

Yesterday nt two o'clock, u Cabinet Council
was held at the Foreign Office, in Downing-street,
Which was attended by all the Cabinet Ministers,
with the exception of the LORD CHANCELLOR and
the Duke of WELLINGTON. The Council sat in
close deliberation till past four o'clock.
Yesterday Prince ESTERHAZY transacted busj-
ness at the Foreign Office.
On Wednesday evening dispatches were sent
off from the Foreign Office, for Mr. VAUGHAN,
our Minister nt the United States.

A King's Messenger was sent off last night,
►with dispatches to the lonian Islands.

We are sorry to learn that Mr. Secretary
CANNING has been confuted to his house in Down-
ing-street with a severe cold, and that he has con-
sequently been prevented from attending in his
place in the House of Corrunnns.

Yesterday afternoon, the Governor and Dc.
Putt'-Governor of the Bank of England, after
attending a meeting of the Bunk Directors, at
the Bank of England, proceeded to the Earl of
Layeßpows house in Whitehall, where they had
an interview with the Earl of Liverpool and the
Chancellor of the Exchequer, after the Noble-
Earl and the aight lion.Geni4man had returned
from attending the Cabinet Council.
Mr. IfosKissoN last night intimated that on
Monday next he should apply for leave to bring
in a Bill to carry into effect such parts of the
Commercial Treaties between the, new States of
South America' and this country ag required Par-
liamentary sanction.

THE FUNDS.

Consols—Yesterday closed
fter the Close
This morning opened

77if
77i
7710

The Market opened 04 morning at the closing
price of yesterday, for Consols, and
declined to 771. A considerable purchase by a
Hebrew operator, sent up the market to 781;,
but that price could not be long sustained, and,
at one o'clock, the quotation was 77 so 77/:

The Commissioners were'served at 78i.
The quantity of Money Stock thrown upon the
market increases. This, it is supposed, arises
in part from many Country Bankers making
timely provision for the expected decrease in the
circulation of small Notes..

Bank Stock
India Bowls
3 per Cent. Consols (Money)
3 per Cent. Reduced
3, per Cent. Reduced
New 4 per Cent. -
Exchequer Bills, .£lOOO-2 1 4 dis.
J.:soo—par. 3 dis.
1:100-3 pm. par.
FOREIGN.

_2lll.

- 4 10 dis.
- 77.
- 771.
-
93.1.

Although great efforts have been made to sus•
tun South American, all Foreign Securities
have declined with the exception of Greek,
which, from the supposed object of the Duke of
WELLINGTON% message, has improved to 161.
Colombian, 1824, 52 ; Mexican 6 per Cent,
; Peruvian 37 ; Brazil 52 ; Spanish lO.f.
Russian Bonds have dropped to 781.

FASHION'A I NTELLIG ENC 1;4%