Star.
London, England, 1825-09-27 00:00:00

REPORT TO THE KING.

" M. de Villelehaving mentioned ntenii.;;;;(l the law for the
conversion of the Rentes, observes, that by Article 5 of
the law, the diminution in the interest of the debt which
shall thereon ensue, is to be applied from the beginning
of 1826, to diminish the add•tional ainrunts on land-
tax, poll-tax, the tax an foiniture, and oo doors and
windows. The diminution of the interest of the debt
thus effected is-6,223,193 1.
" The taxes in question amounting to —194,"0.7,934 1. c.
" A diminution of acts. would mike only-5;841,838 f. 4c.
leaving 381,359 f. 96 c. unemployed.
" A diminution of another cent would greatly ex-
ceed this overplus ; but it would suffice to diminish, by
6 cts instead of 3, the door and window tax, v. hich is the
mo t charged with adAtioaal cts.of all the direct taxes,
and-the-most onerous to the poorer contributors. Tbe,
whole reduction would then be for the land-tax, poll
tax, an I tax on household furniture, at 3 ,fei.ts. per
franc% 5,457,461 f. sc.—On the d or and window tax, at
6 centc.per franc, 768,74.71. 98c.—Total, 6,226,212 t. lc.
" I have the honour to lay before your Majesty the project of an
Ordounance necessary to eflk.ct, in the manner pointed out in the
present Repott, from the beginning of 1626, the reductions pre-
sented by the I.olv of Ist May, 1823.
"J. DI VILLELE, the Minister of Finance.

" Park Sept. S 3, 18'25."
The 0;(101112311Ce is annexed to the cffect recommended in the

BRAZIL.

EXTRACT OF A LETTER, DATED RIO DE JANEIRO,
JULY 281.11,

Sir Charles Stuart an-ived here from Lisbon, in the
Wellesley ship of war, on the 17th inv. and landed on
Monday, the 18th, in a private character. On that
day, however, the Emperor purposely met him on the
road to his *residence, congratulated him on his arrival,
and immediately appointed a private audience for the
following day. From that day to the 25:11 was occu-
pied in making arrangements for opening the con-
ferences. Luis Joze de Carvalho e Mello, Minister for
Foreign Affairs; Villele Barboza, Minister of Marine;
and the Baron St. Amaro, Counsellor of State, have
been named on the part of this Government to treat
'with Sir Charles. They met on Monday, the 25th,
and again to-day, but nothing official has transpired.
I have. however, been informed, from a quarter which
may he relied on, that the principal, points have been
acceded to.

The Kiug of Portugal acknowledges the independ-
ence of .Brazil, by granting her a ,e, arate Legislative
.Assembly.. He assumes the title of King of Portugal
and Emperor of Brazil.
The present Emperor, Don Pedro, gives up the flee
of nefeesor Petpettio Ape, petual defender), under the
pretext, that as matters ate settled, Brazil has no sepa-
rate rights to defend, and takes the title of Emperor
Befente.
On the demise of his father, he takes the full title of
King of Portugal and Emperor of Brazil.
Portugal admits exclusively the sugars and coffee rf
Brazil; and Brazil, in re inn, admits exclusively the
wanes and salt of Portugal.
It was proposed that Brazil slinula pay 2,000,0001.
sterling to Portugal, as the price of the mock independ-
ence it has been thought right to offer ; but this has
been so strongly objected to, that reference must be
again made to Portugal, and a I answer obtah.ei, be-
fore this matter can be finally arranged.
Are Emperor was well aware of all that was going i
on in Portugal, but it is generally supposed no one
else was in the secret—not even his Ministers. They
are not of a character or disposition to throw many ob-
stacles in the way of his designs. The Minister for
Foreign Affairs, who is a Mulatto, reckons on being
created a Baron, as a return for his share in this
transaction; the Counsellor Baron of St. Amaro is one
of the most devoted satellites about the Emperor's
Court. The Minister of Marine, although a Brazilian
by birth, is said on this occasion to have espoused firmly
the cause of Portugal, but only, as those who know his
character suspect, till he has himself secured the pro-
mise of a title also. With such negotiators, the lode-
pendence of this country stands little chance or ever
being established but in name ; and if the conditions
which are in circulation are those which have been re-
ally acceded, all that has been done by the negotiation
is, the la)ing the foundation for another and more
sanguinary revolution at some future period. For the
present, however, all will wear a smooth appearance,
and with a view to ensure its continuance, 1 hear that
we are to have a supply of Portuguese troops suf-
• dint to keep the people in subjection.