Star.
London, England, 1823-07-15 00:00:00

FOREIGN FUNDS.

Spanish Bonds opened this morning at .321, and French Scrip
at 2*, with little doing.
Current Prices :—New Spanish 321, New Prussims 9.5, Ras.
elan 931 j, Danish 171, olitan ?5, Colombian .561 to ,
French Scrip 21 to /.
PRICE OF STOCKS AT ONE.O'CLOCE.
Bank Ftock 224% 2241/2 •
3 per Cent-. Reti-siced 8`274.
3 per Ct. Cons. U 2 Sis 82% ex. div.
31/2 per Cts. y,. Cts. Old 995/s 100,99:i
" 4 per Cents. New 1003,-;3•101 100% n ex. air.
Illnk Long Annuit.es 21 1-16
lndia Eonds 49.3.505.
021,000)24.5. 275. prem.
Ditto Small 245. (28s.—India for Acct. 200
Cons. for Acct. tz.Pr,

• In the STAR of yesterday, we gave a copious eh.
street of the demi-official article from St. refers Nag%
which may be considered as mach a vindication
all the Powers of tie Holy Afliance its of the Ernpe.
ror of ItuestA in particular. The Viy i'e reaVnliitg
on which the attack on Spain is attemptei to be
tified, and the imperfect data on witic:, the triumph
of the policy is inferred, we sufficientli exposed ; but
there is one part of this Manifesto which gill requires
notice: it is that portion of it which relates to the
British Cabinet. We stated yesterday, that the wilt?
" did not seem very well acquainted e:r:.tr. wit:: th.

liberal views of our Ministers, or the manner in hicli
they were directed towards preserving peace:" indcei,
we might have said that the conduct of our Govers-
ment has been either pet': erted or misunderstood,•
" Lord LIVERPOOL," says this Manifesto," has blamed
FERDINAND for not having fulfilled the promises re-
specting the organization of the State, which was
made in 1814. But we apprehend that his Lord-
ship did not weigh the difficulty of introducing into
a country like Spain new and extensive changes, after
it had just been making every sacrifice for its old in.

stitutions."

This construction of the opinion of Loid Lyra.
POOL is by no means a fair one. His Lord-hip did
not blame the King of SPAIN because he refused to
make new and extensive changes, but because he did
not adhere to the declaration he issued ; nor as,errNe
the Cortes as he promised. His Lordship, in the de-
bate in the House of Lords on the 14th April, to %lia
the Manifesto alludes, observed, that although oil
the King of SPAIN'S restoration in 1814, our Ambassa-
dor at Madrid recommended his MAJESTY to accclt
the Constitution of the Cortes subject to modifica-
tions, yet " he would say that he would not regret
that the King of SPAIN had taken si different course
from that which our Minister recommended, had Li
MAJESTY only adhered to the promises he made
when he refused to accept the Constitution, on Oa
ground that it was not conforniable to the wishes of
the people. But at the same time that he rejected
the Constitution which was offered to him, he issued
a Declaration" in which he recognised the principles
of a limited Monarchy, and promised to assemble the
Cortes." " Had this course been adopted," conti•
nued his Lordship, " he was far from thinking that
either Spain or Europe would have had any reason
to regret his Catholic MAJESTY'S determination. But,
notwithstanding this strong and voluntary declass-
tion, no Cortes were assembled. Not only were they
not assembled, but a courie of misgovernment was
pursued, which made the events of 1820, however
unexpected, be viewed without regret by any one."
Such being the opinion of his Lordship, and 011

which the British Cabinet acted, it must excite some

surprise to find this Manifesto declaring a belief that
di no difference respecting the cause of the war rear
exists" between Lord LIVERPOOL and his Colleague;
and that of the other Ministers at Verona. But dm
point will be best settled by a reference to the di*
matic documents.

The Petersburgb Manifesto says id the Allied.Som

reigns not only approved the interference of Franco
in the affairs of Spain, but even invited the King of

France to employ it. The only difference with the
English Cabinet was about the mode of interference•
It merely objected to the entrance of French troops
into Spain L this was all."—And again, a England
did not fear anything from the war, but from its pot
sible consequences, it apprehended that the new
policy which disinterestedly seeks the repose of Ea
rope, might degenerate into the old policy, where iir
terest predominated—it feared nothing else. This
was the sole ground on which England refused ke
assent to the war—for, in the principles which led to
the war, it agreed with the other Powers."
A more erroneous view of the policy of the Bridge
Cabinet could not h ire been taken. It is not only unser
ported by any official or unofficial declaration, but k
is contradicted by the positive evidence of facts—b/
our Protests and Remonstrances at Verona, by do
declarations ef the Ministers in Pakiarnent—by oar
attempting to renew the negociations at Path es
dissuade France from the war, anti by our continuing
our Ambassador accredited, to the Spanish Gome•

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