Star.
London, England, 1823-10-13 00:00:00

POYALB LOAN.

NOTICE is hereby given, that the HALF YEARLY
DIVIDEND of thls LOAN will be paid to the Bond-
holders, on the Ist day of NOVEMBER next, and any subsequent
day (Sundays excepted), between the hours of Ten and Two o'Clock.
The Dividend Warrants to be left fbr-esuiraination at the Count-
ins-house of the Subscriber, one day previous to receiving the Divi.
dead. HERMAN HENDRIK&
7, Totenhouse-yard, 11th October, 1823.

SPANISH LOANS OF 1821 AND 1822.
HE DIVIDEND payable in London on the Ist
T November nest, on the Spanish Five per Cent. Consolidated
Annuities, now in circulation, of the Loans of 1821 and 18,22, ne-
gociated by Messrs. Ardoln, Hubbard, and Co. and countersigned
by them and Messrs. J. LaMtte and Co. of Paris, will be paid at
the house of A. F. Hausmann and Sons, No. 24, CAteatomstreet,
on that and 'very succeeding day (Sundays excepted), between the
hours of Ten and Two.
It will be necessary to leave the Dividend Warrants, with Lists
thereof, in numerical order, distinguishing the different claw', for
examinatiun. at least Iwo days previous to the application for payment.

SIANIhI-1 CERTIFICATES of RENTES delivered
to the Mitten, of protested Bills and Orders in favour of Bri-
tish Claims on Messrs. I3ernales and Nephews.
The DIV 1 DLIND payable in London on the Ist November
next on the above Spanish Five per Cent. Consolidated At.nuities,
now In circulation, and countersigned *by James Campbell and Co.
wiil be paid at their House, No. 2, Bank-street, on that and every
succeeding day (Sundays excepted), between the hours of Ten
and Two.
It sill be necessary to !cave the Dividend Warrants, with Usts
thereof, in numerical order, distinguishing the different Classeq, for
eiamisation, at least two days previous to the application for pay-
ment.—London, 6th Ottober,l62.l.

THE 14.:1` EN LNG Sl'A It.

LONDON.

MONDAY, OCTOBER 13; 13123.
THE FUNDS.

STOCK EXCIIANGB. TWIET.VE O'CLOCK. '
Consols opr.•::1 this mottling at WI, fot the Account, at which
price they remain steady.
The Fspresses from Paris have brcight the French Funds of
Saurtlay at 90f. GUc. Spanish 45. A good deal doing in snaking
up the accounts.

FOREIGN FUNDS.

Iu Colombian Bonds there is a brisk Market. Spanish opened
at 34k, is is 35i; New Spanish :7j*; Old .T.:10, ; BUISi4II 64i ;
Old Poyais 171. New Puy. has been done at 18, and is now 11 4.

Plt ICE 01: STOCKS AT ONE O'CLOCK.
3 rer (ent. Reduced 83 ex. div.
3 re- Cent. Cons. 83% Vs
S'k pet Cents. 9614 ye ec. div.
4 per Cent. Old 1001/4 3/8 ex. div.
4 per Cents. New 1011/4
Bank Long Atin.. 21 ex. div.—lndia onds 70s. 71s.
Ntcl. equer Bills (CI,))t10 395. 38s. 405.
Do. POO) 395. 38s. 403.—(£100 and £200) 41s 40s.
t.oti,ols toi Acct. 83%..

It would be unreasonable to expect that the Public
should have in recollection anything which so loose•a-
-talking Journal as the A imes can have said three month&
back; but those who do, must, we think, have been
struck with equal astonishment and disgust, on reading
an article which appears in that Journal this moining
on tl:e subject of the Revenue.

In remarking on the returns for tie Midsummer
Qitarter, the Tiones4ofJoly litl4 frankly acknowledged
that they presented " a very cheering aspect of affairs,"
and that we were now " endeavouring to rectify our
concerns in Me way of honest men, and by Mc marines
of common sense." Since this honest acknowledgment
was made the aspect of affairs has in no respect changed;
except it be Boni " rery clieetine Ito still more cheer-
ing ;" and yet, what do we read in the Times of to-day?
" The usual annual and quartet I y setuins of the Revenue
of Great Britain, to be found in this day's Journal, pre.
sent matter Jrir rrjbection." Them is clear pool
" that the country is not yet come to a wholesome state
as to its internal lazation" ! !

According, then, to the Times, as interpreted by the
- I lines, in proportion as the aspect of arrairs becomes
more cheering they present matter for painful refec-
tion;" and when people begin to" rectify their concerns
in the way of honest men and by the maxims of com-
mon sense," they are clearly not in a wholesome state!!!

But may not the Times have been deceived in the
first instance, and correct in the second ? And are peo.

ple to be prevented from recanting when they find they
are in the wrong? We shall see presently how it can
avail itself of this very 'limes-like apology. The Reve-
nue for this last Quarter presents, we are told, matter
for painful reflection, because eg there is a decrease in
the Revenue of the year to the amount of more than
a million, and in that of the last Quarter to the amount
la upwarcrs of 158,0001. True there is,—but how did
matters stand when they were in this very cheering
state? On the 6th of July the decrease in the
Revenue of the. year preceding was but a few thou-
sands short of taro millions (1,959,7164, and on the
Quarter then ending nearly three times more,
(438,6931.) than the decrease on the present Quar-
ter (158,0001.) It is clear, then,. that it is on the
same progressive state of matters that the Times has
founded its two opposite opinions. When the decrease
was considerable, it saw cause to be joyful ; now
that the decrease is not half so much, most painful are
its reflections! How are we to explain such monstrous
inconsistency ?—How, indeed, if. any regard at all is to
be paid to its observations on public measures (to
pay none would be the best way probably), except by
the supposition that it is a source of real pain to the

Tinos ivisee the decrease in the Reveaue decreasing, and
the prosperity of the country under the administration
of the present Ministers! rapidly augmenting.

The Times knows Nil well, that though compared
with fonder times and seasons, there is less Revenue
drawn now from the people; it is not because they are
less able to pay, but because there is less required, and
because vast redactions have been made both in ow
expenditure and in our taxes. Talk of a decrease of
£l5B on the Quarter! Why the abatement in the Salt
Tax alone is about eqoivalent to the whole sum. The
Times knows too that, tcgapared with former pe.
riodsa the diffeteat Taxes still subsisting pr alma Indy

More than they did ; and that it is because of this
cessary consequence of a dithinished pre-sure on theta.
clonal industry that. notwithstanding the great diminue
tion in the number and rate of our tames, the decrease in
the total product is becoming every day less and less.

The Times insists that " the people have never yet
made a spring from the comparative ease afoideilthetn,
by the remission of a Tax to consume the article let
loose up to the full of their necessities and desires."—..
Compared with facts, this assertion will be found
as groundless as any we have yet noticed. In
another part we have given a fuller account tbao
we were able to give on Saturday of the produce
of each of the Excise Duties, in which doris
ment, as our Readers are aware, the chief deduct',:.,
have taken place. From this account it will be seer.,
that on Beer the increase is no less than 62,7671. ; that
on Printed Goods is still more remarkable, being an
advance of 71,733/. on 115,6781. a circumstance highly
gratify ing with reference to our manufacturing interests.
The increase of 21,4051. on Soap is not to be overlooked,
for snap enters so much into the operations of the
woollen and other manufactures that this advance is
manifestly connected with a prosperous state of trade.
Wine exhibits an improvement of 29,4031.; Bricks
and 'flies r,f 1227,105; and tr.ffec and Cocoa of £27,343;
ail these may be said to plove that the higher and mid.
die ranks feel an improvement in the stare of their
cumstances; as the augmeircd consumplion of Beer
lainly shews an improved comumption among the
nower4asses.