Star.
London, England, 1823-11-14 00:00:00

LONDON.

Fr

.SPANISH LOANS. .
=TRAM 01 A LIMN' MINE K. OIIIIIIHARD7TO ran
introit or A RAMON JOURNAL. - •
contracted on the 16th July last a Limn with the
R Agency of Spain. -Mu conditions's:ere tnally settled;
at Madrid, by myself, on the 20th September following.
His Catholic Majesty has confirmed them since his deli-
verance; arid the act which contains this august confir-
mation is dited.9oth October.. The Treasurer-General
of the Finances has himself been charged to transmit
this confirmation to Paris, which accordingly was offi-
cially transmitted to me on the sth of this month. M.
Carassi was also directed to do away all obstacles
which interfered with the operation a the Loan. This
business has been executed ; the definitive terms of the
:•vanish 'Government are in my possession, and may be
Lad every day at my bureau, by such Subscribers as,
being desirous to enjoy the bonus of £6 per cent. pay
the amount of their subscriptions into my bank.
AR the authentic documents cooserning the'Loan, its
conditions, and its securities, which I verified, may be
inspected at any time, being deposited in my bureau.
Such, Sir- is my simple and final answer to the ca-
lumniators:lf an operation which has for its object the
e.tablishment of the legitimate Throne of Spain, and to
Consolidate,• by the monarchical system, the repose of
all Europe.
With respect to obligations of the Spanish Revolu-
tionists I shall only say that know nothing of their
invalidation; since this measure had been decreed by,
the Regency, and made public both at Paris and Lon-
don ever since the month of June last, the period di
which I myself had not conceived the idea of conse-
crating my services to the Government of Spain; but as,,
a party guaranteeing the Royal Loan which bad been
contracted during the Revolution, while Loans were
making by the Cortes, I do not think it useless to re.
move the errors and misrepresentatiOns contained iii your
article of the Sth instant.
It is not true, Sir, that the property which his Catho-
lic Majesty is about to restore to the Clergy of Spain
affects the.goarantee of the loans contracted 'by the
Cortes. The question at present is, as to the propriety
arestosing lands sold in codsequence of the spoliation of
the Cortes.dering the captivity of the lang,sin4vvhich his
Diajc..ty has returned to their legitimate possesiors, en
the simple ground, that being free upon is throne,: he
desires that justice should be placed opon-its anemic
footing. The loans of the Cortes have-so other puma..
tee than the entire lest:nue of Spitio--a guarantee at
mice insufficient and indefinite. Their surest ignaramee
rested on the success of the revolution in Spam, and the
effect of these loans has, properly speaking, been to iden.
tify, the lenders with the views and opantons of the Re-.
vciiiitioiis3. Since the prospect of success has entirely
vanished, the spirit of party ignorance still persists in
misguiding public opinion, by endeavouring to persuade
the Spanish people that they are obliged to fulfil the
engagements contracted by their oppressors, and to re,
imburse those depredations which were employed soar.
rich 'the .gaolers of the King.
Any, one who knows the situation of Spain, and pos.
senses good sense, must be convinced that the admission
of such claims would be unanimously reprobated by the
Spanish nation, and could not be carried into effect.
Ills Catholic Majesty, in definitively annulling these
loans,, has followed the councils of wisdom, justice, and
necessity; fur the King of Spain, whose reputation will
sootier or later conic out purified from the calumnies of
taction,,is desirous of reigning with Spain—and not
against Spain!
I conceive, Sir, that I ought to mail myself of this
oppostnnity to answer mistatements, and communi-
cate the &tub respecting the Loans of the Cortes, with
the single view of informing-the public. I may add,
that& the instructions given to the Treasurer-General, in
the decree which ratifies niy loan, concludes in these
words." lie (Mr. Gu.ebhard) is at liberty to make such
airangements as he may judge necessary with respect
to the Royal Loan; under the express condition that he,
will take no step leading to a recognition of, the loariOl
made by the self:.stiled Cortes, during the period of dm
Reiohattoo." I have the honour to be, atc.
LOUIS GUESHARD.
November lath, ISIS. _

7

THE EVENING,STAR;

•
FRI7SAY, N9VEMBER 14, 1823.
THE FUNDS.
STOCK RIcCIIANOIL. TWELVE O'CLOCK.
Consols opened this morning at 65j to 4, for the. Account, at
which price they have remained, with little fluctuation, op to this
Door—they are now 83k, I.
FORME FX;NbS.
This being settling-day for Spanish Bonds, most parties are Way
in settling their accounts, therefore very little is doing in the above
Bonds, which opened at 2* *, and went down to 114 i, f.
Current. Prices :-.-New Spanish 111. Old 1145 to-}, Colombian
GO to t, Russian SU, Milian 65140 (nothing doing), I'oyals 4i
PitiCE OF STOCKS AT ONE O'CLOCK.
Bank Stock 223-3 per Cent. Reduced 82% 5/s
3 per Cent. Cons: 83% 14 56-3% per Cents. 96A
4 per Cts..Old 9934 3/4-4 per Cents. New 103 7$ %
Bank Long Arms. 20 15-16 Y 8
Imperial S per Cents. 81
India bonds 80s. 74s.—South Sea Stock 951/
Ercite.quer Ilills (C 1,000) Cs. 48s. 41s 425.
Consols lor Acct. 83%.
, _

We publish to-day a letter of grukst importance on
the subject of the Spanish Loans. It has been addressed
eo ore of the Parisian Journal. by M. Guzansio, the
Banker, who contracted fur a Loan to the Royalist
negency of Sprain In- the month of July last. The
Public will learn from thisletter that the King of SPAIN
bar ratified this Loan; and, if Mr,. GUILINIARD may be
crujited, that he has, at the saute time, entirely dis-
claimed those made to Spain during the. Constitutional
uvernment.
The Kew Times says that the latter are; ig.siet in ex-
press- terrqs;!' declared to be annulled ; but the Editor
must certainly have overlooked that passage of
.Mr.
GUIUMARD's letter in which he says, in terms asexprets
as can be, that 66 his OAIVOLICI MAJESTY, ht 1611111141-
*mi., annum-zoo these Loans, has followed the coma-
cils of wisdOm, justice, and notemitil! -411014)111
lit wasensace with this positive deterniailienkonadi nat
apparently from any idea that the doer is Weirs. to
their recognition, that the Treasurer-General is said to
k• 's cautioned M. GUSINIARD " not to admit any
*mom width may tend.to any sort of recognition of

•
the Loans made by the self•desominited Cortes during.
the time at, the Revolution.'
Having eapressed, as wit have befora dame, so wool
an opinioa Avow of the binding natures( every loan
made to the Constitutional Government? we need scarcely
Say *hit We think of this attempt atthe abioluteHuil
Ito get rid of them. It is an easy thisrtfor M. Goo=
HARD to say, that ar anyone who knows the situation of
Spain and possesses good sense, must be conainced that
the admission of such claims would be unaaimOusly re.
probated by the Spanish nation."
- •

So may any body of debtors say to their creditors,
and if they wished to be quite plain en the subject, they
would perhaps mend the language thus: 44 Gentlemen,
any ohs who knows our situation must be a great fool'
to imagine that we ever intend to pay you a farthing';
You lent us the money to be sure, but it is not conve-
nient for us to return it, and we don't mean to return
it." But can there be two opinions as to the justice, or
equity, or decency of such conduct?

The Fr!nch Papers of Wednesday announce a cir-
cumstance which will escke pity and indignation, but
not surprises: General Meats, the hero of a bloodless Re-
volution, whose moderation was as remarkable as his
aeal and honour, has been condemned to death; and-
before this time has, no doubt, been the first, though
be will trot be the last victim of the restmation of ,ab-
solute Monarchy. We say, not the last ,victim for
there aft hundreds—aye, thousands—who are equtally
nilty of the alleged crime for which he is condemned,,
that of voting for and assisting in the removal of the
Moo from Madrid: the Ministers, the Cones, BALiots-
tzaos, and a host of other Officers—the Madrid Militia,
and alarge portion of the population of the capital,
have all offended as much as Ritmo; and the sacrifice
of al/ these would be, as Snalterattaa says, " too poor
for the revenge" of the party predominating in Spain.
• The condemnation of Rue° took place while the Due

d'Arniouteren was in Madrid, and the Prince has been.
blamed for not preventing it ; but unless his Royal
Highness had broken open Rtetnisklongeon and carried
him off by Isrce, we much doubtthat his interference
would have dime more than delay on act of veageapce
which the Government were determined not to relinquish.
Even during the Govermurft .of the Regency we:
saw how littleinflnence tbk-Pukc of Atftrout.Snn pos.
soma wiren..his decree fine •Atidolat's ordering SPa-
nii*ds filegallysterested to be set at liberty, was nn.
dered completely abortive, and trampled under foot by
;the individuals ordered tp'estryft;lntfasetution. With
*Kemp he aPPeeeerelli* brellree#,Akfie4loti4
influence; but Esititsaitit is ;certainly not,ihn,pion,
manageable Monarch in the world unless under coercion.
,It is said that. the King of -Fitablos,, refr. t:: ing s-
tetter of thanks from FERDINAND VIL `lit a
hint once mere " every inch a King," wrote an answer.
in which he offered him some good advice, pressing Ina
the attention of his Catholic Majesty the same to-pi
that Were contained in the celebrated letter of the Dsike
of.Airoootasia on his arrival at Port St. Mary. He
requests him, it is said, in the. first place, to issue lin-
mediately a decree for a general amnesty, telling him.
that if he is to make any exceptions, those excep-
tions should be particularly specified, so that sus.
picion and disgust may be removed from the minds
of all those to whom pardon is to' be extended;--
In the second place he prep*: On his attention tke no.
cessitY of commencing 'a review WMa system of his . •
.verarnent, and suggests to !lint tliatlif the ancient con-
stitutions of the Spanish monarch; there may exist in-
stitutions, the ,adoption of which may reconcile the
rights of the throne with the liberties of the people in
a 'higher degree than has hitherto been -realised, and.
;Without giving birth to any rerobitionary disturbance,
adapt his reign to the spirit of an in proved
After dwelling on these topics, his Mootert 'adds as a
reason for his relative complying with his advice,
" that although he haldno claim upon him as au ally,
whose arms had contributed so powerfully to tenor;
him to his throne.. though even he liadno right to give
him his advice as the chief of the House of liotranou,
his age, experience, and even misfortunes entitled him.
to attention, when the question related to the means of
terminating revolution and restoring Order."
, .
We stated some time ago that the object of Pozzo Dt
Boaao's mission to Madrid was to recommend, on the
part of Russia, that the King of SPAIN should act
moderation ; and the Times, which so long contended
that the influence of Russia was employed to the con-
•trary,:this morning confirms ode statement. "There,
is no doubt," says the pares, " that Russia, through the
medium of POITO DI acetic), has urged 'the itritcrto
some degree of moderstion, thought the Russiatirofi-'
vernment opposes any project of firnitinethemiseliiei;
ous power of the Sovereign. Poizo has even written
from Madrid, expressing his dissatisfaction- at many of
the KING'S acts since his liberation." •
It is Said, that a joint representation has been. Made
by the Ministers of all the Xllied bbortsto the King es(
SPAIN, warning him of the danger of a re-action, unists
an almost general Ainesty is kraotedi,'ciit'it is doubt-
ful bow far it maylaave the desired , '
The following are extracts from that'esucit Papers- t
PARIS, Nei.' i *Thee, r. x.
An extraordinary courier, who left Madrid on the
6th, hag. brought the news of the consheiriforloo of
Ries% vibe fanning is the dispatch:—
Thkeecoad Chamber al the &aces Alleedes of the
Royal Nousehohi oat roust heap* progOttneed• the
following sestmakii: .
"Don Rails* *ego it coodemosi to*. pin*
west of the gibbet. **ill be emadeatid seek,
of executiots, peedasihroughtbe most *equated streets