The Sun.
London, England, 1827-04-24 00:00:00

not only of refitting all her ships in time of war,
but of constructing such as any extent of hosti-
lities could require ; thus obviating the necessity
of ever again having recourse to the system
of building ships by contract. It is with
these concurring favourable circumstances, that
the Duke of CLA RENCE will enter upon the
duties of his important post, and his Royal
Highness has therefore to establish his reputa-
tion to fame as a Minister, and his claim to the
gratitude of the public, not in the correction of
abuses and the change of systems, but in the
maintenance of those principles for the Govern-
ment of the Naval Service which he, finds in
operation, and which, if perseveringly pursued,
will place the Naval glory of England upon a
pinnacle even yet higher than that which it has
already attained. His Royal Highness has also
only to perform acts of grace and favour towards
the profession of which he is the head, and to be
just and liberal with respect to promotions, to
gain an enviable popularity in the most popular
branch of the service of the country.

The Paris Papers of Saturday and the Etoile
of Sunday morning have reached us in usual
course, but their contents are entirely destitute
of political interest. The rejoicings on the
withdrawal of the Law of the Press have led
to the promulgation of a Police regulation, pro-
hibiting assemblages of people in the streets, and
the letting off of fire-works.

An article from Frankfort mentions that the
eldest s.ll of Prince SCHWAR TZENBURG, a Cap-
tain in an Austrian regiment of Hussars, had
been shot in a duel by Colonel LANG, of the
same Regiment, who had been insulted by the
Prince.

The Austrian Government has revoked the
prohibition to export arms and ammunition from
e Austrian States.

The French Funds are rather higher.

PARIS STOCK EXCHANGE, APRIL 21.—Five per Cents.
100 f. 45c. 50c. 55c. ; Three per Cents. 71f. 70f. 95c. ;
Bank Stock, 2025 f. ; Naples Renter, 77f. 95e. 90c. 95c.
90c. ; Rents de Espag., 101; Royal Spanish Loan, 54i;
Haytian Loan, 665 f. 670 f. Exchange on London, one
month, paper, 25f. 3741 c., money, 25f. :35c. ; three
months, paper, 25f. 25c., money, 25f. 20c.

The following are further extracts from the
British Packet, a newspaper published at Buenos
Ayres, 3d February, 1827 :
_ _

On the 31 st January Congress held open Session, for
the purpose of electing its President and Vice 'Presidents,
the term being concluded of these officers; the former
President, Don Jose Maria Rojas, was re-elected ; and
Senor Don Alexandro Heredia, Deputy for Salta, was
named Vice-President ; and Senor Don Miguel Dias de la
Pena, Deputy for Calamarea, second Vice-President. On the
14th of the same month, the General-in-Chief of the Army
of the Republic, Carlos de Alvear, issued a spirited proclama-
tion from his head-quarters upon Tacuarembo, dated as above,
in which he recommends, that on entering the Brazil territory
they do not disgrace their past conduct by acts unworthy
of their glory and the hopour of the Republic ; that they
will nu 4 aniimmense_populatilm groaning under the chains
of despotism, td' which they must aftord a protecting hand,
because it is the duty of the Army of the Republic to chas-
tise their enemies and free the oppressed. He then adds—
we shall shortly leave the desert, and you will find
abundance in the country you are about to occupy.—
This is followed by a Bulletin of the Army, giving
an account of their progress from the Ist to the 14th
January, signed by Luis Mancilla, Chief ad interim
of the Staff. A further proclamation has now been
published by Alvear, addressed to the Brazilians, on enter-
ing their territory, requiring them to remain tranquil, that
the arms of the Republic were only directed against the
soldiers of the Emperor, and warns them, if they treat the
troops of the Republic as enemies, of their fate. This
army is stated to be in an excellent state of discipline ; the
cavalry alone consists of 7000 men.

One of the last efforts of the defeated is to
complain of foul play. Thus, on finding the whole
respectable part of the Press turned against them,

,he Ex-Party have circulated a report that the

favour of the London Journals has been pur-
chased by Mr. CANNING. The rumour is
almost too contemptible to be attended to ; but
having heard it, we cannot help repelling it
indignantly, as far as we are concerned. If we
were bribed, it must have been when Lord
LIVERPOOL was in perfect health, and when
there was not the slightest expectation of these
strange events which have since taken place.—
We incurred the reproach of rashness from
many of our friends for the warmth with
which we have always supported the liberal
principles of Mr. CANNING, when the chances
appeared against him ; and have been frequently
advised to keep more in hand, and be better
prepared for taking a turn. How far we have
followed this well-meant advice, our readers will
he best able to decide.

It is no business of ours to defend the conduct
of our contemporaries, who are able enough to
fight their own battles. No doubt there has
been a sudden change in the tone assumed by
some of them ; but as to the idea of Mr. CAN-
NING'S having paid them, we again re-
peat, that it is too ridiculous for con-
futation. There is one widely-circulated
Morning Paper, conducted upon strictly com-
mercial views, which has escaped this imputa-
tion, but which may, with just as much truth
be charged with having been bought by the
Ultras.

By an Italian paper w•e received this morning
the conclusion of the LORD HIGH COMMIS-
sioNER's Speech. We regret to observe that
the cultivation of oil has failed for the last two
years :

CORFU, MAP.CII_9.

CONCLUSION Or THE SPEECH Or THE LOAD HIGH
COMSIISSIONER.—" Since the establishment of your present
government, the year which produced the greatest revenue
was 1824. If, from the total produce of 1824, and from
that of this year we deduct the duty on oil, (which was
also greater in 1824 than in any other year) we shall find
that the revenue of 1826 exceeded that of 1824 by 5000
livres, about 23,000 colonnatti, and it must he remem-
bered that the proportion of various other duties was re-
duced during your last session, while tithes were also
abolished in all the islands, and that hitherto no impost has
been substituted.

, " The only increase in the duties was that of one per cent.
on the importation of foreign articles ; but this tax was
freely balanced by the abolition of the custom duties, on
goods brought from one of the islands of the State to ano-
ther, for which it was judged adviseable to substitute the
duty of one per cent.
" Thus, though the duties have been considerably dimi-
nished, your revenue continues to increase.

" This increase, though it may be partly ascribed to the
increase of commerce, is chiefly owing to a more perfect
system in the collection of the revenue.
" The failure of the oil for two successive years is cer-
tainly a subject of regret, as regards the public revenue,
but it is still more to be lamented as it concerns ..he welfare
of a great and interesting part of the population, espe-
cially in this island of Corfu, where the production of oil
is almost the only resource of the landowners mad peasants."

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