Star.
London, England, 1825-12-16 00:00:00

-shutting.; and has. moreover, as a more efr coal re-'
medy, advanced money, 4 is said, on the security of
Stock, to a very considerable extent, thereby render-
' ing it nnnicessary for the proprietors'to bring it to a
forced sale under ruinous disadvantages.
The Cabinet also met yesterday on the rccasion, and.
after long deliberation, were attended by the Governor
and Deputy Governor r.f the Bank. The result has not
as yet transpired, hut we may confidently p.ediet, or
at least express our earn est hopes, that the only remedy
in the power of Government to apply will not be long
untried.

The Bank having attended to the safety of the com-
mercial world, it is incumbent on Government to look
to the welfare of the Bank. A prodigious mass of the cir-
culating medium in paper and coin has been withdrawn,
during the reign of terror, from the ordinary channels,
and it is for the moment hoarded in private coffers to
meet possible contingencies, which may or may not hap-
pen. The Bank has supplied the void, in the meantime,
by additional issues. But there is an evident and over-,
powering necessity for setting limits to the extension of
those issues, by the sale of Exchequer Bills at higher
interest than those now in circulation; for.it is impos.
sible to extend the one without diminishing the other.'
As the credit of the country Banks improves, dirk issues
of local paper will increase. This will return tie Bank
of England notea on the market, which must be ab-
so: bed by means of Exchequer Bills—else the conse-
quence will be too fearfully felt in a f' reed sale
of the Stock now pledged at the Bank for the tem-
porary issue, in a heavier discount of the. Exche-
quer Bills now afloat, in their consequent return to,
the Exchequer instead of Revenue, and in the neces-
sity of an equivalent issue of B .nk Notes for the public
service :—all which would be avoided by a new issue of
Exchequer Bills at higher interest, as these would com-
pel a return into circulation of the money now hoarded
by individuals. An Exchequer Bill at 3d. per diem may
be locked up to meet a forthcoming engagement, and its
sale may be depended on at a premium. Not so a
Bill bearing only 'lid. per day, which we have seen
within these few days at a discount of 60.
We earnestly hope, therefore, that the measure will
be resorted to without delay, as the most effectual re-
n.edy to the Bank, and the Public, for the existing evils.

German Papers to the 10th inst. reached us this fore-
noon. One of them contains an article from. Alexandria,
confirming the account of the sailing of the Turco-
Egyptian expedition, on the 17th and 18th of October.
The fleet is said to consist of 14 frigates, 14 corvettes,
42 brigs. 10 fire-ships, 20 armed Turkish transports,
28 European brigs, and the London Engineer steam-
boat ; another, built at Alexandria, sprang a leak
as it was leaving the port. The troops arc 8,000 in-
fantry, disciplined in the European manner, and 1,000
cavalry. The iota' expense-of the expedition is esti-
mated at fifty millions of piastres, or the valve of
100,0000 bales of cotton. The Captain Pacha receives
100,000 piastres. The expedition appears to have
landed in the Morea.

The Oriental Spectator states, that the Greek pirates
are very active in the Archipelago, but that the
French Admiral, MONT, had recovered a large quantity
of goods, f which the French vessels had been plun-
dered. The declaration of British neutrality in the
war between the 'Tusks and the Greeks, had given
great pleasure_ to*the Turkish Ministers and Franks in
Constantinople. The following are mum :

CONSTANTINOPLE. Nov. 7.—(Bv WAY OF BUCHAREST).
On the 3d of this month news was received here of
the renewed declaration of neutrality, published in
London by the British Government, and the consequent
stopping of the much-talked-of expedition of Lord'
Cochrane, which had excited such extraordinary fears
here. The news ran like wild-fire through the quar-
ter of the Franks, and gave the greatest pleasure to
the Turkish Ministers. Mr. Stratford Canning, %%lions
we expect as British Ambassador, will open an easy
way to his negotiations with the Porte, by the commu
nication of so decisive a declaration, in consequence of
which the cause of the Greeks is here considered
as desperate.
CONSTANTINOPLE, Novnista 18,—(13v Fannon.)

Since news has been received here that the Ottoman
fleet from Alexandria has reached the cost of the Morea,
without any opposition from the Greeks, and landed
its troops at NAvarino, on the sth of November, it is
generally believed here, that Ibrahim PAcha will make
a new and serious attack on NApoli di Romania. It
is said, that part of the expedition will be employed
against Missolonghi. We expect Mr. Canning very
shortly, as he was to embark at Corfu on board the
Cambrian frigate.

TRIESTE, Novzstsis 29.

At length we have news direct from the Archipelago
to the 7th of November. On the 3d of November, the
united Greek fleet, consisting of seventy-five ships of
war, and thirty-five fire-ships, s•+iled from the vithtity
of Ilydra, to seek the futkish and Egyptian fleet,
which has landed the troops at Zcavarioo, and if cir-
cumstances permit, to attack it.

The French Papers of Wednesday have reached us.
Au article from Madrid of the 2d instant, states, as a
report, that the Spanish Minister had received intelli.
Bence that the ships which lately sided from Cot nuns
for the Ilavannah, had fallen, into the hands of the
Colombians; this we think by no means improbable.

A private letter from Napoli di Romania of the 20th
October, states that an engagement had tak. n place
between IBRAHIM DACHAS Wily and a body rf 2000
Greeks, under thenAß, which terminated in favour of.
the latter, wit.) titled two hundred of the enemy,
wounded a treat, number, captured most of the ptovi•
• .