The Sun.
London, England, 1828-03-11 00:00:00

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stailtinople
the Porte
talons,. and
is also said
of absence,
ransact the
e hear froze
and that
r of his cot-
es), not be
land from
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It is said
e by Lord

er hag been
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and one of
.en to order
A. As be
r to Greece,
Le will soon
ong wLorn
sion, in the
re not dis-

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a doubt on
prejudicial
each other;
done to re-
weserre the
ted itself in
disturbed if
It cannot
to secure a
teerity, and
u2tee of the
he policy of
;abinet,—if
i the whole
tined,—not

►potted end,
,ut military
1 diplomatic
it should
it would be

an incredi-
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oust ranee',

received, it
must, and
y not only
ty of Lou-
approve ite
there is no
:isting rela-
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eceive itself
s, it should
x that time
bineta, and

lacy, may
seeking to
ntiments of
atiments in
happen as
and think
y the coal-

D-day from
on of peace
!opted, and
Islip army
Vienna any
ilree Allied

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few days,
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Count de
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in stating
ND SEIG- '
apital are
but it is

the mug-

he forces

be silt

to the Peloponnesus. It is stated that orders have
been sent to the combined squadrons to prevent the
Ottoman transports from passing the Dardanelles.

Information from the Danube of the Vlth Feb.
atates, it was believed that Prince METTERNICH
was going to Paris and London to make a last effort
with the Governments of England and France in
favour of peace, but little hopes are entertained
of.the result of his mission.

According to letters from Bessarabia the move•
ment of the troops has become very remarkable in
that Province, the army has received considerable re.
inforc,ements ; the army of the Pruth and that of
the Danube are daily concentrating to effect the
passage, which it is said will take place from the Ist
to the 7th of March.

Accounts received, to-day, from Chili, of the 25th
of November, bring nothing new of a political nature.
All was quiet in the country, but business was in a
state far froin flourishing.

His Majesty's packet brig Rinaldo has arrived
with a mail from Buenos Ayres, which she left on
the 16th December, Monte Video on the 21st, and
Rio Janeiro on the 10th Jan. The following are
extracts from the Papers received :
am 1Z JANEIRO, JAN. 9.

The Diario Flurninense, .f the Sth and 9th January,
contains several official notices from the Afizitter of Finance,
respeoting the consignment to Europe of 24,000 cwt. of
Brazil wood of the best quality, by the agents of the Bank
of Brazil ; 4,000 cwt. are to be sent to London. These
papers do not mention the war with Buenos Ayres.
BUENOS AYEES, DEC..iO.

The Corrso of this date contains two letters, dated En-
senada, 7th Dec., 7 a. m., from Commodore Jose Arenales,
giving an aecount.of a smart naval action, in which the
Brazilians bad attacked with SS vessels of various sizes, the
vessels under his command, which he does not specify.
but which seem to have been only the Congress brigan-
tine and a prize. The Brazilian force consisted of twenty-
seven small vessels, two.brigs, and two frigates. After an
obstinate combat of several hours, the Captain of the Con-
gress, and such of his men as were not disabled, aban-
doned the Vessel after setting it on fire. About an hour
afterwards Admiral Brown, coming in sight with eight
men of war, the enemy set fire to the prize, and sailed to
meet him.

There is no account of any further action.
Dac. 12.—A letter from au officer in the army of ope-
rations, dated Cerro Largo, 28th Nev. 1827, says, " The
appearance of our men, and their discipline are much im
proved, and I think we want only one thousand
infantry more to be able to answer for the success of the
campaign. We know for certain that two more batta-
lions have arrived at Rio Grande. Three days ago, four
German deserters came over to us, who affirm that great
discontent prevails among the foreigners in the Portuguese
army.
DEC. 14 and 15.—General Lavalleja,. by a decree dated
Dorgan°, Dec. 6, has cleared that the motives which made
it necessary to place the province under military govern-
ment have ceased to operate, and he has therefore ap-
pointed Citizen D. Luis Edward Perez to the post of Civil
Governor.

The following are extracts from Frankfort Papers
of the 4th inst.:— .

MUNICH, FEB. 27.

In the sitting of the Chamber of Deputies to-day, M.
Thinned inquired what was become of the money received
from France, in payment of the claims of Bavarian subjects,
of which nothing has beau heard of for a long time. To
which the Minister of State (Count Armansperg) answered-
that four millions and a half would very shortly be sent -to•
the circles to be distributed.
DRESDEN, Fe& 2be
With much regret we find that we are going to lose the
Austrian Ambassador (Prince Pfalffy) and his consort, who
is recalled at his own desire, the death of . his father ren-
d his presence necessary on his estates in Hungary.
Hyesterday took leave of his Majesty, who presented him
with a diamond snuff-box, worth several thousand dollars.
Some reports mention young Prince Metternich, now at
Paris, and others Count Colloredo, now at Copenhagen, as
his successor.

We understand that there is very great opposition
to the establishment of aßranch Bank from theßank
of England, at Newcastle-upon-Tyne. The mer-
chants have lately held a Meeting, and we under-
stand that the Chamber of Commerce of that town
has determined to address an energetic memorial to
the Directors of the Bank of England upon the sub-
jeet. In another part of the Sus, this day, our
readers will find a letter, signed " ALFRYD," which
Is represented as exhibiting an able expose of the
question at Newcastle, with regard to the intended
Branch Bank.

It is curious to observe so enlightened a people as
the Amerierms resorting to the old contrivances of
Monopoly,
.in order to encourage their growing ma-
nufactures, while other nations, long experienced in
this policy, are discarding them as encumbrances. A
Report from an American Committee, appointed to
inquirp into the state of manufactures, recommends
heavier protecting duties ou iron manufactures, on
wool and its fabrics, on hemp and some of its manu-
factures, on home spirits, on glass, and fine and
printed cottons. All these articles are already sub-
jected to duties ; but these are found to be an in-
sufficient protection against the superior art and
*ill of the British manufacturer. He still beats
the Americans out of their own market, because he
excels them in the cheapness and perfection of his
work.

Great Britain, rich in capital, and still more
in art and ingenious industry, and erery species of
machinery, is enabled to transport her manufactures
across the Atlantic, and to undersell the American

merchant. The latter, therefore, declining the un-
equal competition, clamours for the exclusion of
British goods by means of heavy duties. The
whole community of America are greatly benefited
by the cheap imports from Britain; but the manu-
facturers, the interested parties, regardless of this,
petition the Legislature to exclude them by means
of a heavy duty; the effect of which is to impose a
tax on the whole American people for their peculiar
benefit. In 1824 import duties were laid on all the arti-
cies enumerated above to the amount of 2.5 per cent.
This is now, however,found insufficient, and they:must
be raised to 35, to 50 per cent., and in some instances
to 4 still greeter amount.
But is it not clear, that as the British go
on improving (and they are vontinital!y improv-
ing) in art and skill, and ingenious m
ia-
Khioery, they will soon beat the Americans n
their own markets, even under all the disedvan:.a.gesi
of these heavy duties ? The duty which is suffment
this year to put the Americans on a level with the
British will be insufficient the next. Increased
taxes will thus be always required to preserve the
equality of American goods; they must be raised
higher and higher, u, they are constantly outstripped
by tile progress of improvement in this country ;
end thus
. we shall have a continual conflict between
ii,o3 en. can monopoly and British skill. As Great
Britain advances in mechanical science, the bounties
given by America on the laziness, unskilfulness, and
700rance of her artisans, for this is the true mature
of the transaction, must proportionally rise. She
must go on in her pernicious course—she must en-
trench more deeply in prohibitory duties, and in all
the base resources of monopoly ; and thus her com-
merce will gradually be entangled in this intricate
,et,tuatil all the art of her ablest politicians will be
found unable to effect its deliverance.
One conclusion irresistibly presses itself on the
plind in considering the narrow policy of America,

namely, that we have no need to dread the competi-
tion of any rival in the field of commerce, seeing
that other nations are forced to take such precau-
tions against our superior dexterity. It is not for
us, therefore, to hold by monopoly or by pro-
tecting duties, seeing that the policy of other coun-
tries, so abundantly testifies our decided superiority.
When we beat our rivals under the disadvantage of
heavy duties, we need not surely dread in any ease
the effects of equal competition.

SHIPPING INTELLIGENCE.-(THIS DAY.)

FROM LLOYD'S.

DRAT., MARCH 10.-Wind S.W. to W.S.W.—Arrived
from London the Tropic, Brand, for Barbadoes, and the
Protector, Friend, for Gibraltar. The outward-bound
remain.
PORTSMOUTH, MARCII 10.-Wind S.W.—Put back
the Macqueen, Walker, for Madras and China.
FALMOUTH, MARCH 9.—Wind W.S.W.—Arrived the
Hoskisson, Mitchell, from Lisbon, and Nimrod, Robert-
son, from St. Domingo. H.M.S. brig Rinaldo, from
Buenos-Ayres, sailed ' Dec. 16, from Morie, Dec.
21, and Rio Janeiro Jau. 10.
Extract from Captain Faith, of the Lady Macnaughten,
dated Madras, Sept. 9.—Spoke on the ISth July, in lat.
26. lon. 35. the Warren Hastings, Mason, bound to
Madras and Bengal, and on the 11th August again spoke
the Warren Hastings, and supplied her with stock ; she
intended bearing up for the Mozambique Channel.

THE FUNDS-(THIS DAY).

CITY, TnEL►R 41' eLocr.

Consols opened this morning at 834 4, being the same
they closed at yesterday afternoon, at which price a sale was
effected of about 40,0001., since then the market has
rallied to 834, buyers, which was aided in a great measure
by a purchase made ,to nearly the same amount as the abOre
sale stated; the market appears steady in the absence of
news or any reports ; money stock is plentiful. There is
little variation in the premium on Exchequer Bills, which
are 68 9 ; India Bonds, 89 90.
In the Foreign Funds Brazilian Bonds are heavy, being
64. The Buenos Ayres mail, which arrived to-day and
touched at Rio de Janeiro, brings no favourable accounts
of peace being likely to take place, in fact ; the tendency is
rather the contrary, and thus the confident expectations of
hearing of this desirable event to both countries is, for the
present, very uncertain. The Exchange was 32d. per mil-
rea. The following are the quotations of Russian, 89 4;
Danish, 61 2 ; Mexican, 33 2 ; and Colombian, 244
There is nothing to state relative to Shares, they seem
for the moment to be unattended to. '

A very extensive extensive sale =on Friday last in the French
Funds has occasioned some observation this morning, par-
ticularly as it has been reported to be on account of a cer-
tain wealthy Capitalist in- this country ; the amount in
question is stated betweeen 300,0001. and 400,000/.5 per
cents. and 100,0001. 3 per cents.
Three per Cent: Consols, 834 a ; Ditto, for the
Account, 834 II India Bonds, 89 90 pm. ; Exchequer
Bills, 58 9 pm.
FoxatoN.—Brazilian, 63 4; Buenos Ayres, 36 7 ;
Chilian, 244 53 ; Colombian, 244 ; Danish, 61 4 ;
Greek, 16 17 ; Mexican, 5 per Cent. 25 ; Mexican, 8
per Cent., 33 3 ; Peruvian, 23 5 ; Portuguese, 731 4 ;
Russian, 89 ; Spanish, 10 A.
Muss.—Anglo Mexican, 65 Vs die. ; Brazilian, 42
44 pm. ; Colombian, 5 4 die. ; Real del Monte, '7O 50 dis.
United Mexican, 214 204 dis. ; General Mining Asso
dation, 7 8 per share.

_'WO O'CLOCK.

Consols reached 834, at which rate the Commissioners
purchased; soon after the market suddenly gave way to
83k, but recovered to I, since which they have a second
time shewn weakness, and dropped to 83k ; the fall seems
to have-arisen from some important (but unknown) cause
for ths moment.

• THREE 0' CL 0 Cif.
Three per Gent. Consols, 83-1 4.

THE ARMY.

Major-General Lord Fitzroy Somerset, K.C.8., held
his Levee this day, at the Horse Guards, as Military Se-
cretary to the General Commanding-in-Chief, which was
numerously attended.
General Lord Hill, the General Commanding-in-Chief,
will hold his third Levee to-morrow, at his office at the
Horse Guards.

The Sd Regiment of Dragoon Guards have received
orders to march from Dublin and Newbridge to Belfast
and Dundalk.

The Bth Regiment of Hussars are under orders to march
from Dundalk and Belfast for Newbridge.
The Recruiting Parties of the 4th and 41st Regiments
of Infantry, will march from Exeter to Tiverton and
.St.
Mary's, to remain during the Assizes to be held at Exeter.
A detachment of the Ist Elam of the 60th Regiment,
marched on the 7th inst. from Fermoy to Mitchelstown.
The three Troops of the 7th Regiment of Dragoon Guards,
stationed at Birmingham, and the three troops stationed at
Coventry, are under orders to proceed to Manchester.
A detachment of the depot of the 55th Regiment marched
on the 7th inst. from Mitchelstown for Alullingar.
A detachment of the depot of the 15th Regiment of In-
fantry marched on the 4th inst. from Clare Castle for Tulle.
A detachment of the 32d Regiment marched from Tam.
for Limerick, on the sth inst.