Star.
London, England, 1824-03-09 00:00:00

I,ON DON.

TUESDAY, MARCH 9, 1824.

THE FUND& •
STOCK EXCHANGE. TWELVE O'CLOCK.
Consols opent.d thin morning at 94 for the Account, and 934',
for Money, at which puke they remain steady, with sum:: busi-
ness doing.
FOREIGN FUNDS. •
There is not much doing this morning in the Market, and all
Foreign Securities appear heavy.
_

• Current Prices:—New Spani,h 17. Old 205 to 21, Russian 9_71
Chilian Soy to 81, Greek E 5, Austrian 124 h, New Prussian 97,
Old tl9, Portuguese 4 i pre. French Scrip 165, 3lexican Scr:p
Colombian 675.
('RICE OF STOCKS AT ONE O'CLOCK.
3 per Cent. Cons. 93 Vs IA 5/8
4 per Cts. New IQ7:Y4 7/8 4/8 Bonds 82.. 81s.
South Sea Stock 106—New Annuities 9..r/4
1:,%,-.Fequer 1;ells (CI ,000)54.5. Ms.—Small 535. 51is.
Hank for Acct. 21.2% '
Consols for Acct. 9i Vs 9378 91.

Yesterday afternoon a report reached town that about the mid-
dle of October the Itoyaliot Army iii I'. ru, under General VALDEZ.
had defeated the Independents under SANTA CCM, who is repre-
sented to have List the greatest part of his army and retreated to
Nloscuera. This news, coming from Spain, was much suspected ;
but there is 'now strong re.ison to believe that it is not altogether
unfounded, though perhaps much exaggerated.
The Buenos Ayres Papers contain a letter from the Spanish
Royalist General, thaixErs, dated I.a Paz, on the 30th of Septem-
berswritten certainly in a style not Calculated to inspire much confi-
dence. It purports to be an account of the operations of General
Vaunt.: and the other Royalist Chiefs, to the middle of that
month. The writer asserts that the whole army of Saul% Calms
6000 strong, dispersed before a very inferior force, without fight-
ipg ; that SANTA Cisua fled with a few cavalry ; and that the Roy.
alists took 1500 prisoners, 400 standards, and all the artillery, am-
munition, and baggage, of the Constitutionalists.

A private letter from Linta, dated 15th October, amiss to colt-
firm the account of the dispersion of the army of Sass& Can, and
states that the troops were all Peruvians, and In number about
4000 to 5000 men, who could neither be brought to fight, nor eves
face the enemy. The Buenos Ayres Papers, however, assert, that
the story told by Otartxri is, in all the main circumstances, a fabri-
cation. They state, on the authority of private letters of later date,
received from the interior •f Peru, that Sarin Caus having oc-
cupied too great an extent of country, received orders from Gene-
ral Sucas to retire upon Arequipa, for the purpose of forming a
ljunction with the main body of the Independent army, and that
General GA/4MMa war at the same time directed to fall back upon
Idoquegna. In executing these orders, occasional skirmishes took
place with the enemy, in which both sides sustained some loss The
army of SAXIFA CILVZ was, however, accompanied by a number of
Negroes. who, having no shoes, were unable to maralt along the
diificuk rends through which the retreat was conducted. Then
men, and sore raw recruits raised at La Paz, dispersed, and soon
were taken, and others killed. On this circumstance the Royalists

are said to have founded the account of the total defeat of SA';YA
Cana. The auxiliary army of Chili, said to be 2000 strong, was
understood, at the date of this affair, to have arrived at Arica, and
BOL/Vdlt was still at Lima.
• It would also appear, by a letter from the A gent to Lloyd's at
Acapulco, of a late date, that General VALDIEZ had gained no advan-
tage from his victotr, as it k more than probable that Itowva II with
his veteran troops wall soot: restore the cause of Independence
The following i 3 the letter to which we have alluded :

" ACAPULCO, DLCIEMBER 15.

" Arrived yesterday the Colombia, Battesroau, from'Guayaquil.
The later states, that the capital of Peru wai in the hands
of the Independents, and that a party of their army had cm.
balked fur Arica : the remainder was to be kept-in the neighbour-
hood of Lima. Several American vessels had arrived on the coast
of Peru, having taken the Spanish bag at the island of Chiloe, under
which they were cruizing as privateers. The whole coast of yeru
was in possession of the Patriots; as were Guayaquil and Quito."
Another letter to the same great commercial establishment, from
their Agent at Alvatado, dated January 5, states, that " Liotiet.
lIA ILVICY, CUCEPUUN, and -- WARD, Esqrs. had safely ar.
rived at Jalapa, where they were received with every mark of
respect and diAtinction by General GUADALPIC VII9TORIA ; and that
the Congress in Mexico bad heard with pleasure of their arrival,
and every preparation was making in tile capital for a distinguished
reception." •

Other letters represent-the journey of these Gentlemen towards
Mexico, as a continued triumph. In every town and village they
were hailed as the harbingers of liberty and civilization. Bell-ringing
and illuminations, and every manifestation of joy, which honesty
can express, met these English messengers of peace on their route to
the capital city of the new wen Id.
The accounts from Buenos Ayres state, that a convention had
been concluded for the surrender of Montevideo to the Brazilian
army, but it is reported that the Portuguese troops, considering
themselves comp' oinised by their zeal for the late Constitution.
were afraid to return home, and had revolted against their General.
In that ease the fortress would not be delivered up; but it is con-
fessed that this report stands in need of confirmation.
The following is a correct translation of a most important Decree
passed by the Mexican Congress, on the 1. 6th December last. A
Federal Union of all the States of Mexico has been formed, and
this Union has received the final sanction of the Sovereign Congress
of Representatives of the different States of Mexico:—

TRANSLATION.
Principil Secretary. of State', Office, Government Department :
The Supreme Facet:live P.m Li- bit been idersed to address to
me the fulbAving Dorree

" The Supreme Executive Power, provi,ionally named by the
Sovereign Congress of Mexico, to all aro,• whom these presents
Maly COliCelll, be it known that the Suvtreign Congress, constituted,
has decretd what follow.:
" Toe constituted Suvertign Congress of Mexico has judged
proper to decree—
" That having approved the sth Atticle of the Constitutional
Act in the following terms, The Mexican elation adopts for its
Government the turns of a Repitsentative Republic popular fe-
deral,' to be promulgated immediately, and celehrating the pi •
gation by the firing of guns, ringing of bells, and the custom:ay de-
monstrations of joy ; and that it be communicated to the provinces
to give that comfort so much wished fur ; be it at the same time
understood, that, in the Provinces, nu steps are at present to be
taken fur causing innovations, but to await the publication of the
Act, and the Constitutional Law of the Congresvof the States.
" lie it thus understood by the Supreme Executise Power, who
will attend to the fulfilment of these presents, by causing the same
to be printed,-published, and circulated.
" Mexico, 16th December, 1823, third year of Independence,
and second of Freedom.
" ANTONIO GAMA Y COR DOV A. Vice-President.
" FLORENTI Nit M A ItTI N EZ. Deputy and Nessetaty:
" JOSE MARIAN! Si.RIN, Deputy and Secretary.
" Whereas we (oder all the Triliuti.ns of .Itr.tice, Chi. I's, and
other Authorities, Vivi:. Military, and Excle-iastic, of all classes
stud dignity, to hold and cause to be held. fulliVed. amt executr-t1 in
ail its parts, the present Wen-v.—Be it so understood for the fulfil-
e!ent titer rot, and to be printed, published, and circulated.-31ex
16th December, 182:;.
" ARIAN° 7MM-if:LENA, President.
- " AIIGUEL DOIIIINGiIEZ.
" A. 0. LUCAS ALA M AN.
" These presents are transmitted to you fur your government,
and peorctual fulfilment.— 6.41 preserve you many years,
" Decens',er 16, 1821. " ALAMAN."

Since writing the above, we have received Charleston Papers to
the .sth ult. One of these contains ad vices from Lima of the pith
of October, which gives quite a dilf,rent version of the affairs in
Peru. It states that, on the 4th of that mouth an expedition of
900 men had sa•kd from Chili fur Peru. where General SANTA
CRUZ is said to have obtained a considerable victory over VALTITZ,
and was at Arequipa with a fur:: of 9000 men. LA Scam* had eva-
cuated Cusco in order to torus a juin:awn with CatizitAc. lu shun,
the affairs of the Patriot. have taken a very favourable turn, and
apneared little doubt but they would soon 10 rid of the
u:d Spat:flirt:ls.

Last viztkt we received the Munitetcr and other Papers of Satur-
day, with the Eiut'e of Stniday. It is stated in the former, in an
article from Madrid, that several Members of the Council of Cas-
tile have been al:owed to retire. The KING has nomilided in their
room, VeS4ri. LIORIFNT, GARRIDO, CAMARA, CANO, OLAI., GALIN-
vzG4, ALMARAN, Leis in: LEON, SMAREZ-VALUES, PEREZ, SZ-
E tNA, and Hoses. AIeSMII. A nuomoss and Cssairds, the two first
Officers in the Department of the Minister of State, have also been
31;MoVed to retire.

The Etuiie state., that the squadron of his Majesty tie Kum of
the Notherlands, which was in the ports.of the haleatic Islands,
unds.r the commatol of Admiral llirvscis, has sailet% to make war
with the Algtrines, in conformity with the trtaty of Ale..la, be-
cause that Urgency has seat ships of war, and a great number of
corsairs, to the coasts of Spain, for the purpose of capturing all
Spanish vessels that they moy meet with. it is known that before
the 12th of last niontb,fotir Spanish vessels had been carried into
the port of Algiers.

A few nigks ago. Sir GEORGE COCKBURN said in the
House of Commons, that no difficulty existed in mantling the men
of war non.conunissioned; but the truth of the assertion has bees
doubted by several of our cotemporaries. Facts, however, says
Burns, are " cities that winna dine, end manna be disputed." On
the arrival of his Majesty's ship GINOA, at Devonport, all her crew
were turned over to the Wizmsoa CA;zl.z, so that she was left with
only the Marine Artillery on beard. Mr. P. L.. O'ltim,y, the
Purser, at his sole expense, iiinnediately opened a rendezvous, and
in seven weeks 300 volunteers, the majority prime sailors, were
entered on her books. So successful an equipment has not occurred
in any other vessel during the peace.
- - - - -

The proceedings in Parliament last night were of considerable
interest, as illustrative of those large and liberal views of commer-
cial policy which mark the conduct of the Government. The speech
of Mr. Maxima on the Silk Trade was, as -the Editor of the'
Morning Chronicle just ly observes, " distinguished by great ability,
and comprehensiveness of view," and, " to say that he successfully
coudrated the opponents of the measure is not enough ; his victory
was most triumphant."
It will be seen, by referring to the debate, that the duties on the
impoitation and exportation of raw silk. are ixed to expire on the
25th of this month, instead of the 25th of July—that ill persons
having raw silk on hand, that had paid the duty, or thrown silk which
was not worked, should be allowed to return it to the ware-
houses and receive buck the duty, to take it out again on
the 25th of March by paying the smaller one. But the
greatest concession of all was this, that instead of expiring
in a short time the prohibition upon Foreign Silks should continue
tin the month of July, 1826. In order to afford greater accommo-
dation to those who had large stocks of manufactured goods on
hand, it was also intended to allow that all manufactured goods
now in the kingdom might be deposited in the warehouses, add