Star.
London, England, 1823-12-13 00:00:00

"THE EVENING STAR.

LONDON.

~
.~,

asaitn.S.Y4.DEcEMBER is 103.
THE FUNDS.
STOCK.EXCHANGE. TWELVE O'CLOCK.
Consols opened witick r

snails steady up to this iwur, w:tit littiu business doing.

FOILF.IGN FUNDS.
Very little doing, except in Spanish Bands, which opened at
281, j, and have since lowered to 1, with a heavy Market.
Curtent Prices : New Spanish £0 (nomin-al), Old 8841, Colom-
bian 60 (nominal), Chili= 671 to 68,. Russian 86} to 87, Poyais 41.
PRUSSIAN LOAN OF 1822, NEGOCIATED BY MR. N. M.
ROTHSCHILD, IN LONDON.

The Hafl-yearly Dividend on the above Loan, which becomes
due on Thursday. the Ist of Jainr.ry next, will be paid by Mr,
N. M. Itosuscuum on that and every succeeding day
,Sundays ,?I,‘
eePted), between the hours of Te; and Two. The Dividend
Warrants, with a List thereof in numerical order, must be left one
day previous, for examination.

NEAPOLITAN LOAN.

The Half-yearly Dividend on the above Loan. filling due on
Thursday, the lit of Januaty next. will be paid by Mr. N. M.
Rcrrnscitito, on such Bonds as have been negociAted by him. The
Dividend Warrants, with a List thereof in numerical order, must
be left one day previous, for examination.

PRICE OF STOCKS AT ONE'O'CLOCK.
Bank Stock 2271/4-3 per (7elll. Reduced 84 V+
4 per Cts. Old 100.3/4 1/2—Bank Lg. Ans. 21 9-16 14
India Bonds 83s.—Old Annuities 84,34
Etcbeg. 1;ills ( E 1,000) 575.585..565.—5ma11575.
Consols iih Acct. SS VS Vs• •

In no country, perhaps, does a change of Ministers
excite less interest than in Spain, as the two parties into
which the cottony is divided are so violent, that the
Ministers are but the organs, rather than the head, of,
the party whose star is in the ascendant for the time
being. The recent dismissal of the Monk SAEZ from his
double office of Minister and Confessor can scarcely
fail of being productive of some good ; but it is to be
feared that the Pi iests, with the Army of the Faith
and the French troops , at their back, will be too
powerful to prevent any very decisive change in the
policy by which Spain is governed.
It is probable that SALE was rather dismissed from
his situation as Minister on account of his incapacity
for business, than for the violence of his principles ; his
secession as Confessor was a necessary consequence; for,
•in Spain, the Confessor is virtually, if not nominally, the
Minister—to far as the acts of the King are concerned•

The nzxr arrivals from Madrid will be looked to with
considerable interest. Little has been Alone by the re-
stored Government, and much work lays before them ;
the financial system requires renovating—the army is to
be new organized—and the jails, which are filled with
Constitutionalists, ate to be elenre4.. In what manner`
the new Ministers will carry thesi:measures into effect,
a short time, will determine. .
1 The recognition of the old loans, " though a welcome
deed, would come too late" for the credit of the Spanish
Government, which is -mine& in -the -money-markets
of Europe. The Alklocation•of the whole of the Con-
stitutional at my would be a hazardous measure, as these
men, so long accustomed to a predatory state of war-
fare, are not likely to sink at once into peaceful citizens.
As to the Spaniards now in-prison on political offences,
it is much to be feared that many of them will suffer;
it would require more courage and more virtue than,
we fear is to be met with in the Spanish Ministry, to
found its measures on clemency and humanity. We,
however, do anticipate that the remonstrances of
the European Ambassadors will restrain the vindic•
sive feelings which might otherwise pervade the con-
duct of the Spanish Ministers, and that an amnesty will
be wrested from them.

Many of our contemporaries are in the habit of at-
tributing every act of severity on 'the part of the
Spanish Government to the advice of Russia: we
believe no imputation can be more unfounded.—
Before M. Paz° DI BORG% whose mission we first
announced, bad reached Madrid, we stated, that its
'oSject was to restrain, and not to abet the vindictive
spirit of the Spanish Government; and we are assured
that thelecent change in the Spanish Ministry has been
effected through that Ambassador's influence with such
a view. How far this measure may contribute io the at-
' tainment of the desired object will soon be decided.
BY a paragraph in the French Papers, we see that
another absurd story, which oi iginated in one of the
Morning Papers, has received the contradiction we gave
it when it was first propagated. It was, that Spain was
about-to cede her Islands in the Mediterranean to Rus-
sia : This pretended cession of the Balearic" Islands
Russia," says the French Journalist, "is an old story;
which is not a bit more true now that when it was for-
merly in circulation. It is in the natural order of things,
that Majorca and Minorca should belong to Spain, the
rrair. land of which they may be said to touch; and it
-is as absurd to suppose that King FERDINAND is dirt.
posed to past with them, as that he. would Cede any
other province of his Monarchy."—But the •story is
`ten ridiculous to rewrite a serious contradiction.

Aieounts from Bayonne to the sth instant' reached
morning. The intelligence from Nadi id, though.
not of so recent a date as that received, is
inzeresting. A signal crimple appears to have been
made of the soldic?s of the Faith who participated ia'
.the riot at Madrid. Seventeen of them have been: shot,
at we much doubt if it s ill 11#e thl effect anticipated.
On the contrary, it is likely to excite :i.iironger enmity
• to thelreticb, who are 'abeady consiticied.4s jauntier's
,man by the. party who called in their, assistance.,
*follosiing arpiettracts
,*
` • ' BAYONVF., DRCR3tI3ISII. 4. • • ; • '
The necessity.' of intimidating' the' turbulent and ill-
disposed at ilacit id, autl;of
,dctariog them from farther