Star.
London, England, 1822-02-26 00:00:00

THE EVENINfi STAR.

LONDON.

TUESDAY, FEBRUARY le. .1822.
STOCK EXCHANGE, ONE O'CLOCK.
The market looks heavy this muting, owing to very lop
that have to be arranged by Thursday (settling day).
tfrotms no other cause, as the sales have been but small. The
S per Cents. are 1091, and Consols 7911, sod for the April Ac-
count 7911.—The following Stocks that and open as follows:
Shut. Open.
Bank Stock Friday, March 1. April 141.
Reduced Ditto. April 24.
Four per Cents. Ditto. Ditto.
Long Annuities Saturday, March & April 911.
Se per Cents. Tuesday, March S. April 19.
CURS2NT PRIORS :
Bank Stock 2491/4 %
3 per Cent. Reduced 79% %
3 per Cent. Consols 79 78%
3% per Cent. 90% 44-4 per Ct. 98% 98
.5 per Cent. 103% 34 34
Bank Long Annuities 20 11.16 % 11-16
India Stock 248—India Bonds 50s. 31s. 44. pre.
Old Annuities '79%
Exchequer Bills of £1 ,000, 2s. pre. par
Ditto small ss. 2s. pm,
Consols for Acct. 79 78%.
ROYAL EXCHANGE, ONE O'CLOCK.
A consternation prevails here, in consequence of the failure of
a Foreign Broker to the amount of £20,000, chiefly in the
Spanish Bonds.
Prices of Foreign Stocks :—Fsunch 92 to 25 ; Spanish 63%;
New Loan 631; Prussian 6911 Danish 1161 ; Neapolitan 691
Columbian 96 to M.

Last night, Mr. VANSITTART stated to the House
of Commons the Ministerial project for reducing the
interest of the 5 per Cents. He began by stating the
plan adopted by Mr. PUMAS( for reducing the 4 per
Cents. in 1749, which he held up as a precedent ;
though he was compelled to acknowledge the dissi-
milarity of the two, as 'to amount and almost every
other circumstance. A few points in irhioh they
differ are worth stating. Mr. PELHAM' proposed to
reduce the interest one-half per cent. for a definite pe-
riod of seven years; Mr. VANSITTART to reduce it
one per cent. without fixing any period, or giving any
pledge that he may not nest year again reduce it.—
Mr. PELHAM gave three months notice, during which
those who agreed to the transfer were to subscribe in
the new Stock. Mr. VANSITTART gives Only twelve
or fourteen days ; and, without waiting to take the
opinion of the holders, declares that every person
who, during that period, has not declared his dissent,
must be considered as agreeing to the plan, and can
have no remedy. This is entirely reversing the doc-
trine of " he tact is not with me is against me;" on
the assumption that silence gives consent."
We have already said that Government possesses
the right to pay off any Stick at par ; we will go
further, we will concede to it the right to obtain an
advantageous transfer of the Stock, and to get the
best terms they can fairly and honoorably obtain
from the Public ; but the Public should not be taken
by surprise; the holders of Stock to the amount of
155 millions should not be entrapped into a sacrifice
of one-fifth part of their income, without time either
to consider of the alternative left to them, or even
for some of them to hear of it : for, although Mr.
VANSITTART says that the intelligence will reach any
pan of Great Britain in six days, yet we will venture
to say that there are many thousands of Annuitants
to whom the first intimation of the plan will be its
operation upon themselves. In the course of his
speech Mr. VANSITTART said, that the House
would see that all that they had a right to enforce
1011 the holders was payment in ready money,
and not a commutation into any other Stock.—
Such a commutation must be on their part a volun-
tary transaction ; but, by offering fair and somewhat
favourable terms to the holders, there was no proba-
bility that they would withhold their consent. It was
of course essential that the holders should have the
fullest opportunity of expressing their opinion ; but
this opportunity would be as fully given by allowing
them to express their dissent, as by calling on them
to express their assent, when, either in the one way or
the other, sufficient time were given. In all this we
agree with the CHANCELLOR of the EXCHEQUER ; but
we deny that he either has any ready money to offer
to those who do not accede to his plan, or that he
gives that sufficient time for their determination
which he declares to be necessary.

While Ministers are seeking to divert the public at-
tention, by transferring one Stock into another, holders
of 5 per Cents. are making the transfer themselves.
During the last week, the Transfer Office at the Bank
has been attended by bona fide holders of small sums,
who, anxious to avoid the consequences of the mea-
sure, have soli their all, and transferred it into the
foreign Funds : so that French Stock has risen in Lon-
! don to 92 ; Spanish, which was only 59 on Friday, is
now at 63; Prussian Stock is advanced to 90; and

Danish Bonds from 84 to 86. 1
In the course of the debate last' night, the CHAN..
CILLOR of the EXCEIZQUER was rather puzzled by
two questions : one was, that by the Act of 1784 the
Five per Cents. were declared to possess the collateral
security of the Sinking Fund, and to be ‘1 irredeem-
able until twenty-five millions .of the Public Dent,
bearing interest after the rate of either three pounds
per centum per annum, or four pounds per centum
per annum, shall have been redeemed and paid off."
So far, however, is this from having been the case,
that the Public Debt has been increased 4orn 229

taboos, its amount in 101, to aboyella WIMP;
VAINITTART 10111184 to COMM dis Alt Val
differs:ldb and to think tbst, admitting minims
were redeemed in any boa Stock, thwegli the othert
were quadrupled, that the law was suddiest—a so.
phials whirl, however, be will and seam Mktg/
in imposing on the Public.

To a question pat by Mr. WILLIAMS, as to what
was to be done in case of a dint between
Trustees as to the transferring of k, the CHAS•
ort.Loa of the Exonstoosa replied. that thecae oust
be referred to the Coast of Chancery. It would have
been better at once to have declared that the disagree-. 1
tent of Trustees should be considered as assenting to
the project, than permitting them to dissipate the pro-
perty entrusted to their charge in a suit in Chancery.
The ge bane and antidote" are, however, now before
the Public ; and it may only be necessary to state,
that it rests with the holders of Five per Cents. and
with them alone, to enable the Minister to carry his
project, or to overturn it at once. If they declare
that they will not accept the terms offered, Ministers
must either pay them off (which theannot now) or
suffer the Stock to remain as it is. We would, how-
ever, remind the Public, that they must either declare
their dissent before the 16th of March, or they lose
all the benefit of opposing the project, and will be
considered as accepting the reduction of their interest
to the amount of nearly twenty per cent.

That odious Society, the Bridge-street Association,
has been again foiled. It will be in the recollection
of our Readers, that a prosecution instituted by this
Society against Mr. DOLBY, was defeated when the
trial came on, in consequence of the Jury having
been impanelled by Mr. Sheriff GARRATT, who had
been a member of the band of prosecutors. As dis-
grace and defeat has no other effect on the agents of
this Society than to irritate them, the action was re-
newed, and came on for trial this morning in the
Cow t of King's Bench ; but so obnoxious are all the
prosecutions of the Society, that a sufficient number
of Special Jurymen cannot, either for love or money,
be got to attend ; and they were again, as in the
former case, compelled to recur to the Common Jury
List, which on this occasion was impannelled by the
'Coroner. Mr. SoAkLavr contended against this as-
sumption of the duties of the Sheriffs by the Coroner,
but his objection was overruled. On another point
he was murV fortunate ilhis was, that two Coroners
should be present wimpannel the Jury. This objec-
tion was admitted bi the Court, and the trial again
stands over until next Term. 4,

Letters from Maples of theysth of February state,
that a band of conspirators, principally wren known
by their dishonourable life; some whib tad escaped
from justice, and among whom a person of respect-
able rank in life could not be found, had, with the
aid of a secret society, formed the plan of arassa-
creing, in one night, every respectable person in Pa-
lermo holding a public situation. The 12th January
was fixed for carrying the project into executioo.►-
On that night the conspirators were to repair to the
Grand Theatre, where the Civil and Military Authori-
ties, and all the distinguished personages of Palermo
would be assembled to celebrate the King's birth-day.
After sacrificing their victim;, the conspirators were
to repair to the fortress, hoist the tri-coloured flag,
and pro:laim the American Constitution. It is said
that they calculated on the assistance of ,the Spa-
niards, and particularly of such of the Italian Carbo-
nari as had taken refuge in Spain. All the details,
of this conspiracy having been communicated to Car-
dinal GRAOWA, Archbishop of Palermo, by one of
the conspirators, the Neapolitan Police, assisted by
the Austrian military, prevented the meditated mas-
sacre. A great number of persons were, arrested ;
some have been shot and others sent to Naples.
The French Papers of Saturday last have been re-
ceived. On Friday the Sanitory Law was adopted
in the Chamber of Deputies. La Vendee, so long ce-
lebrated for its enthusiastic attachment to the BOUR-
BONS, is now become the focus of discontent and
alarm. At Rennes the military posts are doubled,
and people are forbidden to pass after six o'clock op-
posite the powder magazine. From Grenoble it is
stated that agents of insurrection traverse the country,
and circulate the most seditious writings.
The intelligence from France and Germany re-
ceived to day is very contradictory as to the affairs
of Russia and Turkey. The Greeks are going on well.
One of the German Journals states, that representa-
tions had been made to the King of Wirtemberg,
by two of the principal Cabinets of Germany
(Austria and Prussia we presume), to induce him to
restrict still further the liberty of the press in his
kingdom.
The Kw°, it is said, refused to accede to the re-
quest of the Royal Dictators. _ _

" Fr,encis.rentei on Saturday are quoted at 90 f. 60 c.
as the last price of the printed list ; but sales were
subsequently made at 91 f.

The New Opera at Drury-Lane Theatre, was re-
peated last night with, if possible, increased success;
the Performers were more mellow in their characters.

Tags Monwmo No. 467, the first drawn Prize,
entitled to 4:20,000,* was sold in Shares by HAZARD
and Co. at their old-established and fortunate Offices,
93, Royal Exchange Gate ; 26, Cornhill ; and 324,
Oxford-street.

The Duke of BUCKINGHAM and the Chairman of
the Board of Controul, Mr. C. W. Wvwx, have with-
di awn their names from Brookes's Club.
BETTING AT TATTERSALL'S, FEBRUARY u.
5 to 4 apt Midsummer

orwmai
2 to 1 apt Stag

I 4to 1 asst Frolic
art aux&
I 4to 1 apt SUWON'

7 t• 1 apt Symms (taken)
7 to 1 apt Again& (taken)
• 9b to 1 apt Whalebone (tak)
14 to 1 apt Midsummer

15 to 1 apt Cecilia eat
15 to 1 apt Laadacare
15 to 1 apt Antonia
IS to 1 apt Stamford

to 1 apt Pastille (taken)
11 to 2 apt Rosalind

6 to 1 asst Cu (take)

19 to 2 apt Marlon (taken) -
11 to 1 agst Ajax (taken)
21 to 2 apt Swap (taken)
1$ to 1 apt Newbyth
MI to 1 agst Euphrosyne (tak.)
20 to 1 apt Mr. Gaseoyno's C.
(taken)

90 to 1 apt Bycorar(taba)
22 to 1 apt Akarlas
25 to oast Canso& Ball
25 to 1 apt Dupore'
25 to 1 apt Theodora
SO to 1 apt roomy