Star.
London, England, 1830-07-16 00:00:00

taken by the general consent of the Allied Powers, and
for the interest of Europe and all Christendom; that
France alone could estimate what number of forces would
be necessary to accomplish this glorious enterprise ; and
that it is just that the French Government should receive
an indemnity for the expenses of the war. In fine, that
far from considering the result of the conquest, whatever
it may be, as prejudicial to the interests of Europe,
the KING of France is ready to submit the
question to the decision of a Congress, as in
the cases of Naples, Piedmont, and Spain. The
British Cabinet has answered that it formally refuses
to make a Congress the arbitrator of a question which
particularly concerns Great Britain, whose interests in
the Mediterranean would be compromised by a new
French commercial establishment at Algiers. It appears
that the French Cabinet has answered in its turn very
energetically. M. de LAVAL has been recalled from
London; and M. RLYNEVALL from Vienna, as he is
to be named our Ambassador at the British Court. M.
de REYNLVALL is the most distinguished of all our
diplomatists. Finally, the coolness which was long

observed between the Court of Russia and the present
Ministry no longer exists ; and this explains very
clearly the intimacy which seems to reign, within
three days, between the Prince de POLIGNAC and M.
Pozzo de BORGO.—AII these diplomatic obstacles must
yield to the firmness of the Kiwo. If the new Monarch
of ENGLAND shares the prejudices and political jealousy
lof old " John Bull," we have also a Prince who has in-
herited the goodness of HENRY IV. and high character
of Lewis XIV."

The intelligence which we have above communicated
to our readers it will be seen is of a most interesting
character. The accounts are conflicting ; but that the
subject of the Algerine expedition is, at the present mo-
ment, a matter of discussion between the French and

British Governments, we deem highly probable. It is
hardly probable that any French Editor possesses such
accurate knowledge of all that officially has taken place
on the subject, as is assumed by the Editor of the French
Paper, from which we make the above extract ; but the
purport of much of these reports is corroborative of
those conjectures which we have frequently ventured to
suggest to our readers, as likely to be the result of the
conquest of Algiers. We can indeed not credit the sup-
position that the British Government are only now be-
ginning to correspond, and require explanations on the
point from the French Government. We conceive it is
'impossible, but what the subject has been arranged be-
tween them, as far as negotiation and previous under-
standing could accomplish ; and were the results of
the measure dependent merely on the volition and good
faith of the present Governments, there might pro-
bably be no cause for apprehensions on the subject;
but we entertain the idea that the present French
Government is hardly cognisant of what they can do,
much less so of what they may be compelled to acquiesce
in. The time even may now be come, when they may
secretly see their interest in yielding to such compulsion.
We deem the reports swhich mention an increase of kindly
disposition between Russia and the French—although,
in all probability, as yet, mere surmises—part of a chap-
ter of incidents which we may soon have to peruse.

The Emulous Packet has arrived with a Mail from the
Leeward Islands. She sailed on the 28th May from Bar-
badoea. It appears that the House of Assembly of Gre-
nada has refused to vote £784. ss.—the salary of the sus-
pended Chief Justice, from the 27th July to the2lst No-
vember, by a majority of two. Major-General GRANT
embarked on the 14th May, at Trinidad, for England.—
A pirate vessel was cruising to windward off Barbadoes,
and had plundered the brig Countess of Dunmore, treat-
ing the crew with great ferocity.

CITY, TWELVE O'CLOCK.
The Estafette from Paris this morning brings the 3
per cents. 79-25.
Consols opened at the same price they left off on
Wednesday, 94 to for the account, since which they
may be quoted 931 to 94; for next account 94 to 1.
Little doing as yet. Accounts have been received from
China, 6th March.

In the Foreign Market nothing doing ea yet; prices
nominal.

Philadelphia papers to the 20th June, and Baltimore,
to the same date, have been received at the North and
South American Coffee-House. From the former we ex-
tract the following :—Tremendous Storm—Extract of a
Letter—Shebyville is in Ruins.—On Monday night,
21st May, about 12 o'clock, it pleased Providence to
visit this place with a most dreadful hurricane, the Court
House, Market House, Methodist Church, the Buck
Hotel, Bank, and many other valuable buildings, were
destroyed in an instant; five young men were killed, and
many wounded !
CITY. HALP-PAST ONE.
Extract of a letter from Lisbon, of the 6th July, to one
of the first commercial houses in he City :
" The gentleman alluded to in our last have succeeded
in contracting a Loan with the government for 50 mil.
lion of franks, at 5 per cent. interest. The price at which
they have taken it is not known. The following are all
the particulars which we know :
The loan has been made by Messrs. M. Goldsmidt and
Co. of Paris. Messrs. Thuret and Co. are also concerned,
but only appears as the agents sr bankers of the Go:ern-
ment. The capital to be paid in six equal monthly in-
stalments, to commence next month, and end in Ja-
nuary next : the first payment of interest in April
next. Two millions of francs to be paid off an-
nually, in four equal payments of 2i millions each ; first
payment, January next, at Paris, 2e millions of francs to
be retained by the lenders for the first years' interest; 2
millions, ditto, to be retained also for first years' re-
payment.

The loan to be paid off in 25 yews, at par. This Go-
vernment • have pledged the menus of the island of
Madeira, the revenue of the Oporto Customhouse, and
the duty of one rea per pound on all meat consumed in
this city, which it is thought will not amount to half the
sum required for interest and repayment. The gentle-
men left this last week for Paris; but their correspondent
here is offering the Bonds for sale at 62, not one has as
yet been sold, neither do we think they will at any price,
as it is very generally reported, and believed, that these
gentlemen are merely acting as agents for this Govern-
ment.