Star.
London, England, 1825-12-17 00:00:00

FIRE AT MIRAMICHI.

The following speech, which is extracted from the
Neto Brunswick Royal Gazelle of October '25, was de-
livered by his Excellency the Governor, at a meeting
of the inhabitants of Fredericton, which he convened
on the eve of his departure for Miramichi, personally to
inspect the state of the settlements on that river and
direct the application of such succours as he bad been
able, with the zealous co-operation of the inhabitants
of th• province, to raise :
" The last meeting was called to devise measures
and raise funds for the relief of those persons who bad
suffered loss in the late calamitous fire, and this was
done, impressed with thankfulness to ALMIGHTY GOD,
that however great that calamity was, it had been
assigned limits to by his merciful interposition, which
have left some persons with means sufficient to assist
others in those cal 'mities which the menacing aspect
of the woods and of the atmosphere portended. When
I suggested this provision and purpose, I anticipated not
that such claims to both. were so near or so awful,
but it has pleased GOD that the desolation we lure
suffered has been driven with terrific fury elsewhere.
The destructive element which has caused such devas-
tation in these parts of the province, has been extended
widely and terrifically by the gale which was expe-
rienced here, and by which the mighty action more
extensively mud rapidly increasing, dilated, as it pro-
ceeJed, to a most impetuous hurricane. Thus th.: en-
raged *smiles, axtiag upon and exciting_ each other,
burst in a flood of flame upon the
.deioted settlements
on the Miramichi river, and have occasioned:nine de-
solation, death, and misery, where late I witnessed

'prosperity, plenty, and comfort. In that tows
is now laid in ashes, I placed under the foundation of a
Sacred edifice about to he raised, the inscriptions and •
the coins, which were, I fondly hopel, to tooto
'remote ages how long that edifice had stood, snits
town had flourished; what a lesson this to presumption,
what a subject for thankfulness and benevolence and
ikarity. In other parts of the province too, less remote
from the seat or Government, • disastrous eiects, from
the samencdau ;th,e haveitou ebbeeiglmnih, s
produced ; And on the Oro-
imoc tributaries of the twat
*a which you live, cases if the deepest distress ca!l for
succour and comfort.
" When I first received the melancholy account of
theilP calamities, I was d.irous that .is subscription
should be raised h re, in addition An what has already
bein dore ; but, fearful to press upon the distresses
which were then so recent, and doubtful whether they
could be so soon .relieved, I sent a considerable ;remit-
tance from the King's revenue, and my.own funds, to
the site of the greater calamity; and by and with the
advice of his Majesty's 'Council, who. deeply afferited
by the awful calamity, concurred with me as to the
necessity of adopting .eff coral arrangements for imme-
diate rtlief, proceeded with other measures, which will
convey in a very few days to Miiamichi, succours to
the extent of five or six thousand pounds.. Means suf-
ficient for immediate relief being thus pievided by the •
abundant good feeling, benevolence, and charityi which
have manifested themselves in our own and in our sister
province on this melankholy occasion, I revert to the
reserved purpose of endeavouring to procure provisions
fitr more remote relief, in restoring and relieving what
this calamity has levelled and ruined, by is general
Rind, which I trust will be raised to relieve those cases
of greatest distress, namely, persons of a condition
w,hich compels them to endure their miseries silently
tpiongh severely, to re-establish in business many persons
who have entirely lost their little capitals invested in
the beginnings of a productive trate, in the prosperite
of which the mother countries participa•es to aid and
to contribute to the rebuilding of habitations in the
towns, in a way which I hope the Legislature will en-
force, to prevent recurrence of like dangers, but which
could it a be effected if the sufferers are constrained,
from insufficiency of means, to ri construct their esta-
blishments in the cheaper, but more rerilous manner
and material of the country.
" To this fund, part of which should be immediately
remitted for the use of your unfortunate fellow sufferers
(for the destruct io of so much provision and stores outs
it out of cur power to send aid in kind), I shall contii-
.huteArther from my pri Tate purse, in addition to what
I have already given, and I shall crave his Majesty's
liberality from his provincial fund, in aid ; and h iving
thus done al! in my power, for immediate and prospec-
tive relief andbrestoration, I am about to proceed to the
seat of greater calamity, thee may be under no uncer-
tainty as to thesufficiency or means, ere the rigours Of
winter add to the 'severity of the catastrophe. •
" What good I may be able to elfeet there, I know next; but
obey the impulses of feelings, sod a wow of duty, which tell me,
that where the people are in calamitous difileuhlea that admit of
alleviation, which by any" potability may be within his power,
there the Governor ought to be,“
The following letter from &lajor•Oeneral Sir Howard
Douglas, Bart. Lieutenant-GAreroor of New Brunswick,
to John Bainbridge, Esq. agent for that province, and
which, though a private communicatioo, Mr. Bain.
bridge, at the request of the New B:unswick Commit-
tee, has felt himself excused in *publishing, will convey
a more authentic and interesting account of the suffer-
lags of that devoted colony, and, we trust, excite the
benevolence of the public to aid.the subicripticia for
their reliefs—. " bliranstebi, 26th October.
uMY DEAR SIR—I have no doubt that the public
journals will soon announce the awful calamity which
has befallen the erovince. I have not time to enter into
any of its terrific details. I shall eonftne my communi-
cation to purposes of succour and relief.

" So soon as I had completed those liffmgements
which I considered it proper for the fi,oempnent to
make, and had dispatched an agent to Clutha' to pur-
chase provisions and clothing to the amount of between
five and sir thousand pounds, I set off for this afflicted
place, where I arrived last night; and I shall only say,
chit I could form no conception of misery and desola-
tion so deep as that which has occurred here; other
parts of the province have greatly suffered. Fredericton
is more than half destroyed, and there has been a loss
of proper y to a great amount.
o My Government-house was the first to fall, and we
have sustained severe loss; but in the greater which
others have suffered, we lose all consideration of our
own. Here the loss of li:e cannot be estimated
.under
three hundred persons!! Newcastle, and all the settle-
ments for twelve miles in continuity, are consumed.—
The subscriptions in the province and in Nova Scotia,
have been most liberal, and I hope there is notbjng to
fear for want in the *inter; but effectual succour is be-
yond such means ; and I write this to urge all your ir.-
fluence into action for promoting a general subscription.
Your influence with the leading men in Liverpool, and
other ports, as well as in London, would be most useful
to this effect, and pever was there a fitter or stronger
claim upon the abundant charity and benevolence of
our country.
" Although we may arrest the strides which famine
threatened to make, and afford immediate relief; yet,
without such succours, this country will be thrown back
for years in tne progress it was making, and the mother
country feel inconvenience from langour in those overa.
tions which her wants have iscited so much.
" But you will be fully informed of all that has oc.
curred here, and the measure I allude to will be Sug-
gested by your own feelings for the case and for the
Colony. Pray, then, do what you mry consiler right
in this very afflicting case. My letter is %written in
haste and affliction, amidst scenes *lnch I have consi.
dered it right to visit, to do what may yet further be
in my power to comfort, succour and restbre. I .cannot
stay long, for the weather I have experienced on my
journey hither warns me to lose no time. Believe me,
my dear Sir, yours, very sincerely
(Signed) BOIA4D
LrOl.

It is stated in theConstitutioancl;that the grows *Woo&
of subscriptions ahead, received for Geiierid Fps fit•
may exceeds 493,L8.5 limits which is about 17,3 3i,

I

N.., 4
416,

7

1.

13
= .

i

. :

~.

tt was expected that the issuing of One Pound Notes by the
Bank. would have bid .sonie weight in the Consol Market LW
morning; bin the opinions on the subject in the City are various:
some think the rilea.ure will relieve the country, and others assert
that It will do harm hi firma : however, up to the present time,
it has tint ilrected the Consols to any eltent. They opened at $ll,
have since beep debt at Sl 1, and are now 811 $, with not much
doing.
Current Pekes t Old Spanish 121 13, Mexican Six per Cents.
Se, Cob:Albion New 541 55, Greek Bonds 1 S 16, Exchequer
Dills 41) 43.
_ P!: ICE OF STOCKS :AT FOUR O'CLOCK.
flank Stock 202 203
5 per Cent. keit 79% 3/4 78% 79%
3 pet- Cent. Cons. Shut.
31, per Cent. 84%
4 per Cent. Assented 85 87 84%
4 per Cent. New Shut.
La ng Ann. 19 18% 19
India Bonds 70 SO 70
• £l,OOO Excheq. Bills 40 60 56 68
L. 400 ditto 35 55 '
000 and £2OO ditto 10 20
Batik for Acct. 205
cols.. obi Account 81% Vs 1,4 81%
EXCHANGES.
HAMM:M. Doc. o.—On London, 35. IL 2 Us. 35. 5.
Sy: PETSMIIII/1,011 Nov. 250—0 n Landon, 14.
Laarasc, Disc London, I M. I. 141.
Awns, Doc. o.—On London, 3 M. 2.25}.
Vimnia, Nov. 30.—0 n London. 3 M. 2. 45.
AMSTILRDAM, Dec. 13.—0 n London, 40. 1. tM. 30. S.
FOREIGN FUNDS, TWO O'CLOCK.

Austrian Ms 5 p Ct 901 11 "%lex. Scrip,
I)itto Acct. Neapolitan Bonds,
Brazilian Bonds, Perim. litis,lsp C. 40
Ihk. Sctip, 5 p C. 1825, 4 Ditto Scrip, 1825,6 p C.
Ditto Acct. Portuguese Bonds
Buenos *tree Bennis Ditto Acct.
Chilian Bottuis,6 p Ct. - Pruss. Ms. Sp C.
Colombian 11d5,6 p C. Do. Bonds, 1822, 90
Ditto Acct. Russ. 1t15,1822, S p Ct. 85 311 I
no. lids 1821, 56 IS6I 6 Ditto Acct. 86 5
Po. Aec. 55 616 Span. 5 p Ct. C. 131 121
Denish Bonds, 100 Ditto for Acc. 131
Po. Marts 991 100 Ditto 510,
Ditto Ilends.3 p Ct. 1825, 58 an. 5 p. Ct. C. 1823,
Greek Rutpl4 . French Rentes, Sp C.
Do. na, It:2.S, Rachange,
Ivey. lit:nd.. 5 p. Ct. French Bente.. 3 p C. 621. ex div
Ditto Acct. S p C. Rachangr, 231 Inc
Do. Bds,t 825,6 pC.581 1 7 981 . Guatemala Bonds, 3.31
Du. Acct. 581 71 98171 8 1 Ditto Acct. di..
iwrrisii AND• FOREIGN SHARKS, TWO OCLOCK.
'HARM 'AM
A nvlu Chilian 100 5
Bolivar VI 50 5
Pasco Peruvian :-. 100 5
T _
United' Mexican 40 20
Ditto New 40 10 15311
Avelch Iron & Ceal 25 20 131 14
Protector Fire 20 2 31
lititiali Rock & Patent Salt 10 6 74

A second meeting of the Cabinet Council, and a
second conference betweetibis MAJESTY'S Ministers and
the Governors and Directors of the Bank, took place
yesterday, which was follovred by an event of a most
import Ant 'more—the issue of one and two pound
notes. We are not warranted in saying that this mea.
sum is the result of aly ,sanction, either by autho-
rity or advice, from Government. On the iontrary,
we have some reason, to believe , that it has been
adopted by the B upon the urgent requisition
of the Country. lia4ers. And we think the conference
with Government had more probably relation to: the
present depreciated, state of Escheciner Bills in the
mat let. It is assetted, that on Thursday the demands
made on the Bank far issues of its paper on the security
of Stock were so enormous, that the • Directors felt

themselves compelled to withhold relief in that form
The Funds, in consequence, sustained a considerable
decline, and were for some time in a state of much
agitation. Exchequer Bills fell to a discount of 70
shape...that is a Bill for 1001. would only bring
961. 10s. in hissaeY. In this situation, it is said, the
Bank purchased half a 'million of Exchequer Bills—'
whereby the discount sensibly diminished. We infer,
therefore, that some arrangement has commenced
between Government and the Bank for calling in the old
Eichequer Bills ; as,on any other supposition,the Bank
could have nn interest.in purchasing Exchequer Bills
• any more than in advancing money on Stock to an equal
• • amount. In both cases their extended issues are equally
the same. But themeasbre of calling in the depreciated
tschequer Bills by purchasing them in the Market at
a
• . .
loss to the Public, is nrt the same to the nation,
, neither will it have any beneficial influence on the
money market, but quite the contrary. If new. Exche-
quer Bills at higher interest are not immediately issued,
• the inevitable effect will be, that the old ones must
perforce, be thrown back on Government in, lieu of
Revenue, or they must be bought up .by the Bank
and in both cases equally they moist be replaced
by a torresponding amount of Bank notes. For,
. to whatever extent the terenue is not paid in money,
the Bank must make up' the deficiency, else the public
. service must stand still. No one can tell, in the pre-
sent pacertainty of an increase in the interest of Ex-
. • ch;cincti Bills, to what discount those now in circulation
may ultimately fall, and therefore the merchant. %Ito
has' an engageinent to pay hereafter, will at all hazards
provide the money (Or it now, by a sale of his .Exche-
, quer Bills, and lock up the sum. he ,can procere,.to
the manifest' diminution !of the existing • eitctslating
medium, and to the equally obvious-eiten&n.' of
the Bank issiies; . Wheleai instrad of an ; Ex/
chequer. Bill ;bearing only *tee half-pence per &fp
I►e had such a bill bearing double that rate of int
the said merchant, and all the, world besides, -would
.be sold at any time' for a premium.
CamtaiqUendy,!fre, and. every encase in the same situa-
,tionewonld lock up the new. Exchequer 1341 instead of
the Bank Nsieseami.tbraw the letter back into circuit
. .
Lion; thereby creating an abundt nce of money, which

,
.-

'would speedily raise the new Exchequer Ei to surf,
a-premium that they could be called in, and replaced
with others on cheaper t:rms, whenevet confidence it
restored.

This
,reasoning seems to us, we confe►s, so cleat
and unanswerable that nothing in Euclid is more-
capable of demonstra+ion than. 'he simple proposition
that unless a new issue of Bsc!►egaer Biils take place, a
very large proportion of the old ones must be with-
drawn from circulation, and Bank notes substituted.
But is it possible, without fear and trembling, to see
the issue of Bank paper to an indefinite exttnt, when
so simple an expedient would, on every principle of
common sen►e, rend-r it unnecessary ? We view wish
terror and surprise, the recurrence to the issue of small
notes, and see in that measure an incalculable train of
evils. And as surely as the pilot infers the existence of
sunken rocks, when he descres the se hite crests of
breakers, so evidently do we prognosticate from any ex-
tended issue of one and two pound notes, a speedy return
of the Bank restrictions, and the tuin of our foreign trade.
We ray nothing of the appalling and incurable evil of
forgeries, by which our sc 'folds were deluged while
that circulating medium existed heretofore; but we
look to the more gigantic calamity of a change in the
measure of value throughout the whole station, of
which we fear the return to small notes ic, not a cause,
but a symptom. And in such a state of things it is
our duty, as well as the duty of every honest man, to
speak out.

We say at once, then, that there is no rational cause
for extending the circu!aticn of small notes, but the
apprehended scarcity of gold, in consequence of the
enormous and unprecedented issue of paper which,
during the present panic, the Bank ii called on, unne-
cessai ily, as we think, to make :—and be it remembered
that by law, at this time, the whole of that paper is
convertible into gold, at the will of the holder, in a single
moment.

It is alleged that the country bankers having had
their own local notes thrown back, have no means of
supplying the wages of the manufacturing districts,
except in small Bank of England notes. But is not
this very, like saying that they cannot get gold coin
in sufficient quantity for large ones the reverse
of which is ;notoriously the fact! If they are to
resume the business of discounting, it must be
dune to a large extent in their own notes, and to
some extent in gold and Bank paper ; and, on the
other hand, if they are to limit their transactions to
holding balances, like the Bankers in London, at
the command of the manufacturers, will not the use
of those balances repay the trouble of procuring
gold enough for small payments' in return for
B ink of England Notes ? There is, in sober and
sad earnest, no point of view in which we can contem-
plate this most important measure, without sensations
of the utmost uneasiness. We have heard, irideed,
that the supply of the small note, is to be very small,
and extended only to :emote and particular districts;
also that the Country Bankers favoured with those
notes, are to indorse them (why or whet efore no one
can tell), and keep them if they can in their immediate
vicinity. All those palliatives, hoWever, are visionary
berefits. Wr, most earnestly ray, let the small notes of
the Bank of England go out of circulation altogether
—and let them not

" Stand upon the order of their pin,
But go at once!"

The Allge;neine Zeitung, of the 9th instant, received
ri.is morning, contains the following intelligence re-
specting the Greeks from the Oriental Spectator :

NAPOLI DI ROMANIA, Ocroseß 19.
The Greek Govel nment, in its alarm, has sent toAthens
and to several Islands to require troop., 'Jut no succour
has yet been sent to it. Admiral Miaulis is cruizing
with about 70 sail between Candia and Scarpanto. A
letter from Santorin of the 15th October, says,
thirty-five Greek ships lie at anchor off our island,
Waiting for the Turkish fleet ftom Alexandria. We
do not know what they intend, but we feel that the
crews daily come on shore, and plunder and lay waste'
the neighbouring country."
CONST A NTI N PLE, NOV MISER 10. •
The Porte having rectived official news that the
fleet had passed Cetigo under full'sail fair the 11...rea,
herpes that Ibrahim Pacha, with the aid of the rein.
forcernents it brings, will be able to subdue the whole
of the Peninsula, and therelore put an end to the in-
surrection at once. A levy of fifteen hundred horses
I has been ordered here by the Poste, which are intended
for the Morea.

This foren,son we receircd the Hague Courant to the
15th inst. and Hamburgh Papers to the 14th. The
latter contain an account of a long debate in the Svcond
Chamber of the States General, on the budget for
1826 ; the principal disCusiion was on the merits of the
Philo.opbical College. ale member contended that it
was a proof of the generous and equitable sentiments
of the KING;. another thought it an institution likely to
excite disagreement, and not called for either by neces-
sity or even by any advantage to be expected from it.
Other members spoke on the same side, but, with the
exception of one person, they all voted for the budget. •
WiliDSoll, DEC. 16.—The weather being fine yes!
;erday, his MAJESTY, attended by his suite, took anl
aiiing in two carriages down the Long Walk, and ar-;
lived at the Castle about three o'Clock.
Yesterday being the 13 rth Dry of Prince Le^t?OLD,
the same was observed by his Royal Highness's tradespeople illu-
minating their honors.

The Duke Yof,;Yonit has arrived in town fiom the
seat of Mr. Gamesmen, Sudbury, Suffolk.
'Thursday Mr. ROTUSCHILD attended sevetal -times
at the Treasury.
Yesterday, the Marquis of HASTINGS transacted
bosioesi at the Secretary Of State's Office for the Oolonial De-
partment. . •
Thetellowing is the state of the Poll on Tuesday
nlight;for ii Reprireerttadve Peer fat Ireland :—Lored Fatalism,
Lord Maanteasbel, 42. There were no votes tendered osi Wednes-
day for either of the candidates.
The indisposition of the Lord Chancellor M —ANNLIS
continues. It is rumoured that he will apt appear in Court for the
remainder of the Sittings.—DebNo &aft Pew.

• " 711 E ARMY ANt) NAVY.
It is rumoured in the Mititity Circles that a measure is in cip-
templafien to give to Officers who hold Brevet 'irk, the option of
retiring upon the half-pay of the Regimental rank, neat abote that
which they now bold. Should this measure be Carried into effect,
it is probable that several of the Officers so situated. will avail them:'
seiveii of this permissico, as many of those who have breiet rink,
from long services, may be desirous themselves of the permi.sion So
retire so honourably from the active duties of their profession.
This measure, if carried into effect, would create but a trifling in.
crease of expense, as the vacancies would be filled up from the
half pay list. We have also been informed, that Government as
desirous of giving an honourable retirement to some of the oldeit
Post Captains in the Navy, by placing them on a retired pap
superior to their present half-pay, and giving them the rank of
Rear-Admiral.

•
-•

EVE \ 'WI' it
" •••=-**ft'e 174) \

• -ow".
SATURDAY. DECEIIIIEII 17. IS!S.
STOCK KKenill P., T.W 'MYR O'CLOCK.