The Sun.
London, England, 1817-07-14 00:00:00

ST. PETERSBURGII, JUNE 17.

We, ALEXANDFR 1., by the grace of God Em-
peror and Autocrat of ail the Hussias, &c —De-
siring to afford to the merchants greater means for
the facilitating and extending filcir commercial
operations, We have thought fit, instead of the
new existing Discount Bank, whose influence, on
account of the stmAiness of its capital, and the
several defects observed - in its constitution, is of
no visible use, to establish an Imperial Commer-
cial Bank. In cons,quenee Of this resolution,
we have commissioned the Mioiser of Finance to
lay beforit the Council of State, for its considera-
tion, ail the l'ltns ne:.essary to he prepare d on
this sobje:l. Now, having taken the advice of
our Council of State, we decree as follows
1. Thirty millions of roubles of the capitalof the Crown,
are placed at the disposal of the Commercial Bank.--(llere
fu 1 ncs the statem,nt of the it,ms of which this capital is to
he
The •'oinniercial Bank is allowed to take money. Ist,
on interest circulation. according- to the same principles
as 114 the Loan Ba,ik. td, To iieposit and to transfer from one
pe•sou t:, another the sums inscribed by prii ate persons, ac-
‘lwiting to the hook of the Bank.
'the Comfier. ial Bank gives loays in Russian goods
accordin' to the prirrcipl,s of the Discount office, and ac.
repts nil Is, hot in this case taking the per centa4e according. 1
to the course of emu inercial operations.
IV. Half of the Directors to consist of Public Otticers, and
hallo! Merchants.

V. The Commercial Bank shall he opened on the Ist of
January next year.
VI. At the same time we hereby issue the regulations of the
Commercial Bank, confirmed by us. We take it limier our
protection, and guarantee with our Imperial word the inte
pity of the capitals which shall he intrusted to it by private
persons; as also that the ti4lits of ev. ry person to the same
shall remain inrio!ate. With the opening of the Comaier-
cial Bank, we shall not fail to increase the resources of the
Loan Bank, and to regulate it in a manner suitable to its des-
tination, in order, by the united influence of these establish-
ments on the strengthening of private credit, to co.itribute to
the extension of agriculture, of industry, and of commerce,
and in general to the advantage of our dearly beloved Coun-
try, in whose prosperity we place the reward of our exertions
and our glory.
St. Petersburgh, May 7.

ALEXANDER.

The Scots emigrants, who lately arrived at Pit-
lan, sailed from Leith about five weeks ago in the
Helen, Chartres. They consist chiefly of small
farmers and shepherds front the so' hero counties
of Scotland, ho have been induced, by . the
liberal arrangements of Count Poe, a Polish No-
bleman, to settle as a Colony on his estate of llovs-
ponda, for the purpose of introducing the improved
agriculture of Scotland into the fertile but ill-culti-
vated plains of Poland. The Count has allotted a
tract of hi,: best land for the station of the colony,
to which he has given the name Of Scotia. They
enter upon regular leases of twenty years, at a
rent almost nominal ; and, besides other peculiar
advantages, they are, by an ukase of the Emperor
ALL A ANDBR, freed from the operation oft he military
conscription. Liberal provision has also been
made by the proprietor for a Presbyterian Clergy-
man, who will speedily join cheat, and who will
also act as schoolmaster to the Settlement.
We ""tieed, a short time since, a pedestrian
feat to be undertaken at Lark-hail by that vete-
ran BARNETT, wh„
opward, of 73 years of a4e,
“nil who will walk two miles every successive hour,
for upwards of ten days, without any rest. qe
has since determined, being backed by the sane
Gentleman, to complete, •within 24 hours atter
imishing the above laborious undertaking, to walk
oil the same ground 76 tWles in addition.
A variety of. country papers, and letters front
every tiwtt ter, concor in flattering represeutations
of the state of the Market prices, and, of the pro-
'nisei. of abtuulance, which are so near being M-
I tilled. Some employment for the labouring classes
already hrgiiis to SlieW itself ; and the approach
jug harvest, among its- Other Wessings, is likely
e‘teell this rssential and important benefit; of
ereal'og etoployment for the poor. Upon the
whole, the state of the 'country displays tranquil-
in the Petrple, and more confii:ence than could
fit exPeeted flu the fund of public sustenance,
mhoed with patience and Rape.--(Dublin Car,
respondent, July 8).
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