Star.
London, England, 1825-10-18 00:00:00

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article, as k may be most to their advantage. Carriages
laden with gold were Thcessantly passing on the public
roads. and the same ingots made their appearance suc-
cessively at Peiershiirgh, Londsta P*tis, Vienna, &c.
But the most powerful of their rifourteswas the money
lent them. on the security of stock bi the banks of
L-ndon and. Paris.
It was through the agency of this specie of loans,'
enteteci into I,r the purpose of propping up Govern-
meat loans, that .s• fictitious value was given to the
-public funds, bearing no relation to the existing amount
of specie.
The Bank of E 'gland was the,first to perceive the
danger. 111 Contracted its circulation, and a fall was
the consequence. - •
Tbe Bank of Friisce, not unmindful of the reproaches
it drew'on itself, ot the timi of the catastrophe of
1818, occasioned by tfse fatility of its advances, ac-
qtfainted also with the heeasure adopted in London,and
seeing what was passing In the niarker;.• and the efforts
that were making to obtain money oti a deposit of
'elites, the Bank of France acted with prudence in re-
fusing to renew that advances. The cnnsequtege was,
that it insisted, with firmness, on the payment of such
sums as would become due in July, August, and Sep-.
tember. It then granted some respite from an appre•
hension of the evil effects that might, be occasioned to
the operation of M. Villele, and now, at the desire of
some creditors, it has postponed to the 25th October,
the payments which became due on the Bth. The re-
fusal of the banks of London and Paris to lend them-
selves any longer to the interested views of agents, their
desire to place matters in their natural position, is the
real cause of the fall of Stocks.
The following are the sums payable to the Bank :
To October . . 8 millions
November . . 16 millions

December . . . 22 millions

46 millions.

All the Funds have fallen, and will fall. It is im-
possible to effect a permanent rise, while nothing
would be more easy than to produce a:serious depression.
The Five per Cents. will fall like other Stocks.
Prices rise when there is a superabundance of capital,
and when there are at the head of the Government men
of patriotism and of constitutional principles, frank
and faithful to their principles. They fall, on the con-
trary, when States are in a situation the very opposite.
bf which it would be now too tedious to attempt any
description.

THE EVENING STAR.

LONDON.

TUESDAY, OCTOBER 18, 1825.
Lett--Hoi.thAy.
ROYAL 'EXCHANGE, TWELVE O'CLOCK.

This being a Holiday at the Bank, Stock Exchange, and
Foreign Market, most of the Brokers have assembled on the Royal
Exchange. Consols are nominally 8111 I, but nothing doing ;
Spanish has been done at 18, and Greek at 28j 29.

EXCHANGES.
Ihwutost, Oar. 11.—.06 Loudon, 36. 3. 2 Us. 36.
ST. Psyntawaar, Barr. 27.—0 n London, tog.
LEITSIC, OCT. 7.-0 a London, 3 M. 6. 131.
%WM, OCT. B.—On Lembo 3 M. 6.23 g.
Vtionm, OCT. I.—On London. 3 P 1.2.
VE222:63103=

Letters from Zante of the 13th September, received
this morning, state that IBRAHIM PACHA, after having
left 3,000 men at Ti ipolis za, attempted to enter Nava-
rino, Modon, and Coro% with a small party who fol-
lowed him; but finding the plague to rage in those
towns, he proceeded along the coast. The 3,000 men
which he left at Tripolizaa, took possession of the mills,
in which they were attacked during the night, and after
an obstinate resistance, a great number of them were
put to the. sword, and the remainder taken prisoners.
Letters from Corfu of the 17th September, confirm
the above information, and add that COLOCOTRONI, at
the head of 20,000 men, was in pursuit of Incurs(
PACHA, and great hopes were entertained be would
not escape.

We have inserted an article from the Journal des
Debats, under the head of Stock-Jobbing and Bank-
ing, for two reasons ; first, to shew the extraordi-
nary jealousy entertained in France of the supposed in-
fluence of an eminent monied firm, meaning that of
ROTHSCHILD, to which is attributed an entire controol
over all the funding operations throughout Europe, and
a monopoly of loan transactions originating in the
very oppressive practice, on the pan of the aforesaid
house, of lending money on cheaper terms than any
other association of persons can afford to do. This is
a whimsical mode of crying down the reputation of a
Banking Establishment, and thews that the 'Jour-

nalist is much in the same situation as SALAAM,
the soothsayer, wh•n employed to curse—his re-
• ♦ilings are the highest' possible compliments. But
our chief reason for noticing this nonsense, is to
exhibit an exquisite specimen of the ign-oance and ab-
surdity of the French politicians of the present day on.
the subject of Mance. The Directors of the Bank of
England, they assert (contrary, however, to their own
official declarations), bad advanced largely to the Stock.
jobbers—they exiled in those advances which might to
have been paid in July, August, and Serember ; but
tl•ey " thm granted a delay on account of the tied it
might hare on Al. Da Vtataaa's Three per Cents.!!"
Very likely, truly, the Governor and Directors of the
„Bank of England would suspend their ordinary func-
tions, and not call in the debts owing to their mind-
tuents, for fear of injuring M. Di VILLEcaI If we are
to take this as a sample of the present state of financial
knowledge in France, we may safely affirm that a cen-
tury must elapse before the savant of that country will
attain as much commercial sagacity as now lines the
cranium of the youngest clerk in Lombstr,d-street. •

We are persuaded that the liberal-minded and ra-
tional portion of the community will concur with us in
deprecating the malignity of party spirit which appears
recensly to have actuated some of our cotemporaries, in
their' remarks on a very ordinary occurrence—namely,
the offer of the Freedom of the Borough of Cambridge

'T"r

to Ms Rey& Highness the Duke of tong, and the gra-,
dons acceptance on the part of that Illustrious Per-
sonage of this, which is a mere Compliment, in the usual
terms of urban;ty and condescension. What cause there
should he found in these every-day interchanges of ci-
vility (the usual trihute of respect paid to such mem-
bers of the Royal Family, as happen, in the brief hours
of recreation, to sojourn in the vicinity of any consider-
able Corporation), for stirring the ill humour of certain
Morning Journalists to such an unreasonable degree of
acridity, we profess ourselves wholly at a loss to com-
prebend. His Royal Highness the Duke of Sussex now
and then picks up a stray sprig of laurel in this way,
without exciting any of their ill humour.
The Cities of Bath, of Bristol, and of Norwich, we be-
lieve no less than the subterranean gnomes of Mr.
LAMITON'S coal-mine territories (not unaptly terme•'
the Northern Pitt Club), have all, heretofore, vied in of-
fering this mark of homage to the last mentioned Illus-
trious Prince ; and no one ever frowned on the OCCA-
bion, nor for a moment fancied that anything was
thereby implied, other than the ordinary courtesy shewn
to persons of such exalted rank. But when a Corporate
Body,the seat of whose Magistracy is also that of a Pro-
testant University, attempts to pay a similar compliment
to the first subject of the realm, on the ground that his
sentiments, as a Peer of Parliament, honestly avowed
at the proper time and in the proper place, happened,
on a great national question, to coincide with timer
own, then presently the self•called liberal Press is in

commotion— ,4 Bile tumet jecur."
and one unceremoniously attacks the Mayor and Al-
dermen, even the Noble Host under whose roof his
Royal Highness is received, while the other joins in the
cry with additional observations, in reference to the
kind-hearted and princely-minded individual who is
the object of so much rancour, in such a strain that
rational people ate left to wonder which is the most,
remarkable, the bad taste or the misapplication of such
vituperation. In the Journals to which we allude,
whose monochord is for ever sounding a solitary wail
for freedom of thought, this conduct is particularly
egregious: and freedom of thought, we greatly fear, in
our times, is expected to be all on one side, and to mean
only that every one is free to express an opinion on any
question, provided always that he shall be of one parti-
cular way of thinking. On any other supposition, it
could not be that his Royal Highness the Duke of
Yono should be exposed to so much obloquy for the
manly expression of his private and conscientious opi-
nion as a Peer of the Realm, while every other indivi-
dual throkhout the Empire is at liberty to think and
express himself as he pleases.
Without, therefore, on the present occasion, deliver-
ing any opinion on the merits of the great question at
issue, either in favour of one side or the other, we think
that every sincere friend to free discussion, of whatever
party he may be, will join with us in holding up to de-
testation this growing evil of reviling the highest in
the land, for the exercise of that right to which the
meanest has an indisputable claim.

The failure of Captain PARRY'S expedition, of which
we gave the most ample det%ils in the STAR of yester-
day, having been occasioned by an unexpected accidents
at the time when fair prospects of success might justly
be entertained, ought art to be, considered as discou-
raging. Nor can it be considered as tending in the
least to solve the great problem of a North West Pas-
sage, since the expedition did not penetrate so fir as
that of 1819, which crossed the meridian of 110 deg
west from Greenwich, in the latitude of 74.44. and thus
became entitled to the Government reward of 5,0001.
In arctic expeditions so much depends on the climate
and the shifting of the ice, which varies in different
seasons, that there is no calculating on the proper pe-
riod exactly at which to make the effort, and it is
owing to this variation in the Arctic seas that Greenland
whalers have, as it were accidentally, made nearer ap-
proaches to the Pole than any navigator employed for
the purpose; indeed, if statements are to be relied on,
which the Hon. DAINRS BARRINGTON, who paid much
attention to the subject, thought entitled to credit, some
vessels have reached as far north as 89 degrees, and
even 89 degrees 30 minutes.
. The unfortunate disaster to Captain PARRY'S vessel
;$ much to be regretted, because the winter had been
mild, and the summer commenced favourably ; there
is, howevir, still no occasion for despair ; and now that
peace relieves our. Board of Admiralty from more mo-
mentous affairs, we think their attention cannot be devoted
to a more laudable object than enlarging the boundaries
-of science, by attempting to explore unknown regions.
It appears that the expedition was delayed in the
,summer of 1824, in getting across Baffin's Bay by a
Most extraordinary accumulation of ice, and it was. not
before the 9th of September that they passed that bar-
rier; on the 13th of that month they entered Barrow's
Straits, through which they proceeded to Prince Re-
gent's Inlet, at the entrance of which they arrived
on the 26th ; after two or three days of bad weather
and obstruction from the ice, t'ey got into Port
Bowen ; and on the Ist of October the ships were safely
placed in their positions for the winter. During the
spring of 1825, parties of discovery were sent, under
Captain HOMIER, inland, to the eastward ; under Lien-
' tenant Suzann along the coast to the southward; and
under Lieutenant Ross to the northward. Lieutenant
SIMMER reached Fitzgerald Bay, in 72. 20. and Lieu-
tenant Ross proceeded beyond Cape York, in 73. 30.
They also made excursions into the interior, sixty or
eighty miles to the eastward.

The ships sailed from Port Bowen on the 20th of last
July, and proceeded to examine the coast; on the 22d
they were driven back again to nearly Prince Leopold's
Islands,. in. Lancaster Sound i on the 24th, they