The Sun.
London, England, 1821-12-24 00:00:00

111,E. LONDON 'JOVIINALS.

,

ZA-II.1" EXTRACTS FROM THE MORNING PAPERS
Dect;mber '2-1,
•

[I3RITISH PR CIS.]
All acebunts. from ,the.,East -concur in repre-
senting the Persian invasiodas being highly for-
midable to the Turkish domittionsin Asia'. This
event is 'attributed by:the Turks to the influenee,
which .RUssia is supposed to exercise with " the
Great King ;" and it is not improbable. that this
impressisi'n May have had Some effect in giving
an unfavourable turn to the negotiations between
Russia and the Porte. An 'interesting account
frOat Vienna, which will be. found in our extracts
from the Paris Papers, raises a strong presump-
tion that-a war with Russia.is. unavoidable. The
Turks are said to be all armed, the nation has
risen en masse, and it is certain that even though-1
•a war .with Russia should no oceur,, there are
still dangers enough surrounding the Turkish ,
Empire to render the'fullest development of its
forces absolutely necessary. -.The Persians
are advancing irregistibly into the heart-of
the Asiiitice dominions; the Armenians, whom
the cruelty, avarice, and fahaticiSm of the
Turks have subjected to the same measure
of injury rapacity, and insult, :that had been
Meted to the Greeks, have declared for the
invaders, or asserted their national independence:'
The Wechabites have again appeared in arms,
bringing with them all the terrors of.their native
valour, heightened by a furious fanaticism, acid
threaten the sacred cities of MecCa and Medina.
The Druses and Maronites, people hitherto tti-
butary to the Porte, take advantage of the pre-
sent Circumstances of the -empire, and strive to
throw off the burden of -the Turkish yoke. We
-further learn 'from Vienna. the . important fact,
that the diplomatic body in Constantinople as-
sembled at the hotel of the Austrian Minister,
and in a joint Note apprised the Porte that all
the Powers of,Europe will abandon it to its. fate
should it refuse to assent to the proposals made
by Russia. No answer had been returned to
this Note at the time of the departure of the last
courier for Vienna.

`MORNING HERALD.]
The accounts from Greece state, that Epirus
is in a state of general insurrection—both the Ma.
homedan and Greek inhabitants, against the Ot-
toman power. On 'the other side, Asiatic Turkey
is trampled, with little opposition, by the Per-
sians. The Prince of Persia is said to have
entered Bagdad with great pomp. Sweden, too,
is, it appears, disposed against the Porte. Anti-
Turkish pamphlets are published there, and a
ship isiitted out by private contribution to bear
a body of Swedish volunteers to aid the Greeks.
This spews the Russian bias of that Government,
though it does not directly `interfere.

The effect of the discounting, by the Bank of
England, of Bills at three months, as well as
those of two months' date, will be to increase the
" merchants' paper circulating medium," as well
as the Bank-note circulation ; and. as long as the
ealance of trade and remittances remain.so much
in favour of England, and the exchanges keep
rar to their pi,oer.t. oi .Iwrly high raters, GO long
will the metallic circulation increase. This mea-
sure will have some effecrupon the prices of the
necessaries of lifv ; for the greater the quantity
there is of, circulating medium, be it what it may,
the greater effect it will have on the prices of
commodities of the comltry generally.—(/bid.)