Star.
London, England, 1824-02-18 00:00:00

WEDNESDAY, FEBRUARY 18, 1824.
THE FUNDS.

,

STOCK RXCHANGE. TWELVE O'CLOCK.

Consols opened this morning at 914 4, but got up to I, and are
at this hour 914 4. In the earlier part of the morning some busi-
ness was doing, but the Money Market seems to be heavy, at 9141
for Money, owing to a scarcity of cash.
The Expresses from Paris this morning bring the French Rentes
at 100 f. 35 c. Spanish "64 to 4, Ducats 854 to 86. after 'Change
/ours.

HALF-PAST TWELVE.
Withil this halt hour .€200,000 Consols have been:sold;by a great
huff, who is supposed to be making up his account. This issue has
lowered the market to 911, 1.

FOREIGN FUNDS.
Sialish Bonds opened this morning at 2.51, but sunk to 241.
The private letters front Paris, by the Espress, state that several
Pud pnrchays have been made there In Spanish Stock, owing to
the 7.ePeral opinion that the old' Loan will be acknowledged. The
chit f business doing here, however, is °in the Northern Loans
Sccbern Securities have not improved.
Currat• Prices : New Spanish In, Old 11.51 1, Russian 94 to 1,
rhilian 83 to I, Mexican Scrip 81 to 1. New Prussian 93%, Old 95%,
Colombian 714 to 72, Hullett's Mexican Mines 1 dis. to *prem.
Mgt°. .Irxicati Mines 9 prem. French Scrip 111.

l'lt ICE OF STOCKS AT ONE O'CLOCK.
lia::k Stock 23 239-3 per Lt. Redu. 921 A 3/s 1/8
3 per Cent. Cons. 911/2 Y 4 %
4 Pet Cents. Old 1021/2 3/s Vs %
4 [Cr Cents. New 1065 %
Bank Long. Annuities 223/g 7-16
India Stock 277—India Bonds 70s. 71s.
educe Bills (£ 1,000) 32s 37s.—Small 325. 395.
Bark for Acct. 239—Consols for do. 91% 543.

lOIONIMNMIMIMMMIIMB
A document of a very satisfactory nature has been
by the Treasury before the House of Commons.
It Contains an account of the nett Incoine of this-Coun-
t?) and Ireland, for the Year ending the sth of Ja-
r'illtY, 1824 ; with an account of the balance of public'
lzii"tey remaining in the Exchequer on the sth of Jan.
the amount of money raised by additions to the

'N. .0,4

. ..

'

•,
funded or unfunded debt in the' year, ended sth Jan.
18f4; the money applied' towardi the tXdemptioa of
the funded; or for paying off the unfunded debt, within
the same period ; and the money remaining in the Es-
chequer on the Bth of January, 1824. This document
is made up in" the shape of i Wince sheet ; so that
the whole income and expenditure of the country meet
the eye at once. A review of this paper affords si gra-
tifying picture of thexisingsvisalth and resources of this
great country. The income for the year, paid into the
Exchequer, amounts to the suds of 137,672,999.85. 411
the expenditure to £50,962,014. 17p. 111,4 d. leaving a
surplus of £6,710,984. 10s. 5 4d. applicable to -the
Sinking Fund ; and all this notwithstanding there Las
been a reduction of taxation of nearly two millions.
Need we wish for more satisfactory evidence than this
of tale flourishing state of the country ?
We see here demonstrated, beyond all possibility of
cavil, the existence of a real Sinking Fund, positively
applicable to the reduction of the National Debt,whioh,
if peace should last for some years to come, must make
a roost serious inroad on this great, and once almost
hopeless, incunibrance. Each Coming year must also
witness new diminutions of the public burthens ; while
our resources arc, at the same time, progessively in-
creasing, and the finances of the country acquiring con-
firmed strength and stability.
The Times, with its usual fairness and candour, asks,
why, intlris national balance sheet, a the sums applied
to the redemption of the Funded Debt are to be ex-
empted frinn our outgoings?" Now, so well-informed
a Paper as the Times cannot but be perfectly aware,,
that along -with every hundred pounds of our Funded
Debt there was an annual pound additional of income
provided for its redemption ; and that if this pound
were to be added to the expenditure side of the account,
it must also be added to the income side—making, of
course, no difference whatever on the generul result,
and leaving the balance in favour of the nation still as
great as ever.

--

The War party, which but a few months ago was SO
vehement in its condemnation of the pacific policy d
Ministers, has at length sighed out its last in a manner
incredibly gentle-and resigned. Lord NUGENT brought
forward, last night, his promised Motion for the produc-
tion of Copies of all Instructions give' by the British
Government to Sir WILLIAM A'Couat, our Minister
at the Court of Spain, from the time the French troops
entered that country until the surrender of Cadiz; and
also for Copies of all CorrespOndence that had taken place
between him and the Spanish Government during the
same period, relative to the mediation of Great Britain.
Not another individual, however, of his party could
be prevailed on to say a word in its support. Even his
brother knight-errant, Sir Rosser WiLscon, Was silent
as the grave. Ministers had; of course, nothing left to
do but to deal with the Noble Lord as compassionately as
possible. Mr. CANNING entered into no argument in
opposition to the Motion; 'contenting himself with re-,
pelling, by a simple statement of facts, the imputations
which the Noble Lord had thrown out against Sir
WILLIAM A'Couar in the course of his speech..—Mr.
Stu noes BOURNE then moved an amendment declaratory
of the strong sense which the House entertained of " the
advantages derived to this Country, from its neutrality
in the late war between France and Spain," and on a
division it was carried by a triumphant majority of 141.
Set at rest this question may then be, fairly considered.
to be ; and the parting words which we have to offer
upon it shall therefore be but few.
The power which is given to the rulers of every coun-
try is for the protection of that country only. They are
bOund to ward of danger from those under their charge;
but where no danger threatens them, we are at a loss
to see the grounds of national interference. It is fine
talking, no doubt, about the protecting the weak from
the oppression of strong. But this is a vain chimera,
which has, often been pursued through the paths of
blood, but has never yet been realised in the conduct of
human affairs ; and least of all)* it likely to be realised
by an appeal to arms, of which the principle is, that might
settles right. It is a great mistake to apply those rules
which regulate private life to the public transactions OEI
nations. In manycases it may be amiable and praisewortb,
in individuals to interfere in favour of the oppressed,-

•
because an individual stands by himself ; he involves
himself only in trouble ; #pis peace is in his own
keeping, and he may hazard it to gratify the im-
pulses of his own generous nature. But the ruler of a
nation must be governed by far different considerations,
and any imprudence on his part, or generous indiscretion,
may involve thousands in misery. He bolds the re•
sources of the uatipn in trust merely, and he has no
right to use them except for the purposes of that trust.
Before giving way to any romantic flights of generous
feeling, he must consider that he is not exactly his own
master; that he is not acting for himself but for others,
and that he has no right to squander away the resources

of the nation in schemes in which its interest is not con-
cerned. To bay that there is any want of generosity

in this conduct, is to confound the line of public and
private duty ; and we might just as well reproach the
tutors of some wealthy minor with selfishness, because
they refused to build an hospital with the funds under
their trust,or to join in aiding any other benevolent scheme.
When we considetllso what scenes of violence and blood
frequently spring out of those specious sch emes of abstract
benevolence, we will see that the line of strict propriety
is also the line of prudence, and generally of enlightened
humanity. In this lower world we must witness many
evils which we ?amnia redress; and more especially the
appression which takes place iwforeign countriei may
be said to be entirely without thesphtre, of out bene-
, relent cares.

#

• - . I

... - k

•

r
The Paris Papers of Sunday, which reached us this
forenoon, fully conlirm the importanviotleiligenie,which'
we mentioned lots Monday had been received from Ma.
drid. The official part of the Moniteser has the follow-
ing announcement
" PARTS, FEBRUARY 14.
" A telegraphic dispatch from Madrid,-addressed by
the Ambassador of France to the Minister for Foreign
Affairs, dated the.loth of this month, announces that
the King of Spain has jug signed a decree, which grants,
the liberty of direct trade of the Spanish colonies with
all nations, on the footing of an equality of dtities."
. The liberty here granted seems to us less prized than
it deserves to be. It may be true, that as regards those
colonies which have established their independence, this
permission of the Court of Spain is worth nothing,
it comes too Ws,
Like sunbeams on the wao---'

Its favours fall--:*
But has Spain no colonies left,? Is the trade to the
Havannah worth nothing ?
We have received to-day, by Express, the Pao is Pa-
pers of Monday. On Spanish afEaios they furnish w
with no additional information ; but there is an inte
• resting account of new successes obtained by the Greeks,
and also some news from Constantinople, both of which
we subjoin,:
CORFU, JANUARY G.
We have this moment received the agreeable news of
the landing of the Greeks in the island of Mitylene.
Tbesexpedition has perfectly succeeded. The Greeks,
Ito the number of seven or eight thousand men, have
planted everywhere the standard of the Cross, and
forced the barbarians to fly. The Turks will be obliges
to evacuate the island. Other letters state, that the
'Turkish warrison.of Patras hiving received informatioQ
that Patkswas to be taken by assault, thought proper
to retire to Lepanto.

ODESSA, JANUARY 26.
' According to advice: from Constantinople, of the 15th
of this month, the new Reis Effendi, Saida,•has not yet
taken possession of his situation as Minister, being dan-
gerously ill. 'Another.person is already named to suc-
-teed him, Haijad-Bey, who was exiled in 1821, by Ha-
let Effendi.

The refusal -of Persia to ratify the treaty.of peace,
seems to affect seriously the Turkish Government.
The news from Greece continues to be disastrous
the Insurgents are decidedly triumphant in the island
of Negropont, and are menacing several other points.
We took notice in our Paper of the 31st ult. of the
opening proceedings of the Jamaica House of Asseriably
.and marked, with the reprobation which we thought it
merited, the intemperate Address or Memorial to the
proposed by Mr. BA RIM. The address, as we are
Dow informed, was carried unanimously, and has been
transmitted home, to be presented to his MAJESTY.—
A copy of it will be found in another part of our Paper.
s

WINDSOR, FEBRUARY 16.

The Duke of Wer.r.rucrrow left the Royal Castle at an
early hour this morning, for London.
The Duke of YORK left last night between nine and
ten o'clock, after dining with his MAJESTY and a select
party. His Royal Highness declined staying to meet
the evening party, at which there were some select
pieces of Sacred Music performed. Among the dinner.
party were the Princess AuousTA,tbe Duke of DORSET,
the Duke of WELLINGTON, &C.
This morning, his MAJRSTY, attended by the Duke
of DORSET, took an airing in his phaeton, and pro-
ceeded up the Long Walk, inspecting the great and ex-
tensive works that sire going on in rides, walks, plea-
sere,grounds, leading to and surrounding the KING'S
Lodge ; his MAJESTY gave some fresh directions. It is
expected his MAJESTY will leave the Castle on Wednes-
'day for London.

.

His MAJESTY has; for some time back, dispensed with
the etiquette of an escort in travelling, except the first
stage in starting, and the last on arriving; for instance,
a party of the 7th Hussars escorted him from Brighton
to Hiekstead, and a party of the fld Light Cavalry
stationed at Hounslow Barracks, escorted him hart
Staines to Windsor.
Last night the Doke of Yoart was 'at Drury-Lane
Theatre, to see laalaiokairainpana watt Co. and The Cataract.
Last night the Duchess of KENT honoured the Italian
Opera with her presence.
Yesterday Mr. HusgrasoN had an interview with the
CRAWS:LT.OR Of the Rgculennea.
Mr.' Wvmst had an interview with Mr. Secretary CAN-
Imo yesterday. _
The New Tragedy, which was intended to be brought
out at Covent-Garden Theatre, has been withdrawn, the new li-
censer having refused to sanction-its representation.
The tide yesterday rose so high that the Bishop's-
walk, leading to Lambeth Palace, was covered with water:
A lump pf virgin gold, weighing 400 dwts. was lately
found in the newly discovered tnine in North Carolina.
The Lords of the Admiralty visited Chatham Yard
on Saturday, and after inspecting the works carrying on there re-
turned to Rochester.
It has been stated, by some of the Papers, that Lord
BYRON'S offer of personal' service to the Greeks was
rejected from an unworthy feeling of jealousy, whilst
'his money was eagerly accepted. We can state, upon
the authority of letters from Lord BYRON that such was
not the fact. The Greek Government,on the contrary,
expressed themselves in the most grateful terms, and only
advised him not to tisk a life so precious for their cause,
and which was daily and hourly devoted to them.
The critical day, nay the critical hour is fast approach-
' ing, for wain five minutes after the drawing com-
mences TO•SIORROW, Two, out of the Seven Prizes of
20,0001. will be decided : this at all times would have
been an interesting event, but is now become don ly so
by the certainty of Lotteries being discontinued by Go-
,
verneent. Mr. SIVEWSIGHT has cettainlT evinced
sound judgment in taking titis last Contract, for it was
to be expected that few people would like to have to
.reproach themselves with having omitted to embark
some trifling sum for advantages so great, now that the
opportunity of doing so is literally expiring: this ac-
counts for the present extraordinary demand for Tickets
and Shares.

I /
...-....

. •

• •

_.

. ~ • . '

_ . .

.~

.

•
r• •
e" 7." "1,.."4".r. .1.,•_••••••:±%.
rftE Anart-tblitiNgt. •
• . .•
afternoon, at four o'doe.k. tileVelte eb t
twit as tern-
eielleko4e. a held Levee at bib Onite, in the Rorie Coeds.
' It is uuderstobd that Major-Osoeral Sit J. Lulea:, MICA
will be appointed Colonel of the HAY Regiment of Foot, vice Lieu-
tumult-General Sir THO3IIII Marrtaue, deceased.
The 75th Reglineet of Infantry is ordered to match to two diet- .
dons, this day and to-morrow, from Gospott to Windsor.
A detachment of the 40th Regiment of Foot has ntceivedorders
to hold itielf in readiness to march from Chatham to Deptford, to
embark at guards pit board the Chapetan convict ships which is des-
tined to New South Wales.
A detachment of the same Corps has rscrived similar orders to
embark on board the Countess or Harcourt convict ship, Which
will shortly sail for the same destination.
Captain O'Dosusta's troop of the 15th Light Draped) crossed
from Tilbuty Fort to Gravesend op Saturday, on its route front
Ipswich to the head-quartets of the Regiment in Canterbury, *here
it arrived this day.
The new Infantry Barracks, at Mattelester, are ordered to be tot
ready immediately, for the reception of the 96th Regiment of FOot.

CHANGE OF QUARTERS OF THE GUARDS.
The-following Change in the Quarters of the Guards is warred
to take plate on the 2Sth inst.
The Ist Battalion of the GlenadleiGnards front the King's Mews
to Purtrnan-street Barracks.
The sid Battalion of.the Grenadier Guards, from
to Knightsbridge.
The 3d Battalion of tile Grenadier Guards, from thi Tourer of
London to Westminster'.

. ,

The lid Battalion of the Coldstreath Guards, from %%ventlnvter
to the Tower of London.
The Ist Battalion of the 3d Foot Guards, from Knightsbridge to
the King's Mews.
Conuniuion in the Ist Troop of Dpngleddy Cavalry, signed by the
Lord Lieutenant of the• County of Pembroke.
Cornet Morgan Rice James to be Lieutenant, vice Lloyd, resigned;
Charles Bowen Allen, Gent. to be Cornet, vies Janie", proasotted.

.11

/
t• •
. • I, ".
1 , f 1
P :
1: i i
. • :
1E
. I`. ''' .
'.
)‘
, = ,
.
. .i 1 .
,
i . .

i.
I I
• 3
•vi•
'l' 1
•
•
• it
'•
,
•
•
••
• i
CI
•