Star.
London, England, 1822-12-16 00:00:00

HOWARD AND GIBBS'S BANKRUPTCY.

IN Till MATTER OF NtESSRS. HOWARD AND
Saturday, the Commissioners held a Meeting in
this case, persuant to adjournment.
Mr. Wvine, for the Assignees, said, that at the
former Waling it was decided by the Com:nissioaersi
that the bankrupts sh.,uld, fourteen days before the
present . Meeting, deliver in their accounts. Very
large accounts had, in fact, been furnishes) by them,
which required time for examination at the hands of
the A ,signees ; he, therefore, submitted that an ad-
journment for a fortnight should take place. In the
interval it was to be ex t.ected the bankrupts would be
ready to give any explanation that might be required.
Mr. PoLtoce, on behalf of the bankrupts, said, he
could have no objection whatever to accede to the
propoial of his Learned Friend. He was glad it was
at length admitted, that the bankrupts had rendered
subaantial accounts, and that they had complied
with the directions of the Commissioners. It was
n-4terial for the Commissioners to know what the
nature of the accounts was, and what the bankrupts
pledged themselves to.
The accounts stand thus:
The joint estate of Messrs. Howard and Gibbs #12,500
Their good joint debts - 124,657
Mr. Hinvard's separate property 57952
Mr. Gibbs's ditto ,
- • 6,000

?.L&ing a total of-
-
The demands upon them were as follow :
The sum owing jointly . - • .
• Air. Howard owed separately -

.1201,109

£125,600
8,199

Total - 324799 -
There was thus left a balance of nearly £70,000 in
favour of Messrs. Howard and Gibbs, after paying
everybody, and including the claim of £43,000 by
Mr. Grins tend, and that of 1:10,700 by Mr. Carroll,
both of winch weie disputed; and in the event of
their not being substantiated, the surplus to Messrs.
Howard and Gibbs would be upwards of £120,000.-
After stating these items, the Learned Gentleman
sail, that all delay that was not necessary was to be
avuiJed. If the statements he was instructed to make
were at all correct, this Como.ission could not close
without a feeling of deep leg-let that it should have
been issued.

Mr. \VYLDE said, that the false and exaggerated
statements now put forth were intended for the News.
papers, and such statements r.nly increased the diffi-
culties of the assignees. When it was said, that there
was a surplus of x'70:000, it was his duty to say, that
the state.nent was fallacious from beginning to end;
he would dispose of that £70,000. In a word, £1.0,000
of it consisted of debts set down to people who had
actually proved as creditors; and the remaining
00,000 was equally founded in error.

Mr. AIONT.AGUE rose to reply ; but the Com-
missioners ruled th.rt he had no right to address them
after Mr. Wylde's reply.
Mr. Tnr:st.cic asked the bankrupts, whether the
acemints they put in +% ere those they intended to
abide by? They answered in the affirmative.
The Commissioners then appointed the 18th of Ja-
nuary as the day of the next General Meeting.
Mr. MoNracuE-hoped, that any Meeting; with re-
spect to the investigation of the accounts which might
be held between this and the 18th of January, might
be considered public. It was for the interest and cha-
racter of the bankrupts that they should be public—
they wished everything to be public. Ile could not
sit down witht.ut denying, in the most public manner,
that anythi:ig that fell from him was intended for
Newspaper publication. He stated, as was his duty,
the facts of the case to the Commissioners.

The Commissioners said, that with respect to any
Meetings that might be held between this and the 18th
of January, they would deal with them in this as in
eve! y other case.

A Judge, no less celebrated for his piety than for
his law, not lt.ng ago, in the room of an Inn at Har-
rowgite, and being about to put the date to a letter
which he was writing, and being doubtful as to the
orthography of the word, and unwilling to shew the
other company in the room his ignorance, even in'
such a ttitie, said, in rather a low voice to the waiter
sv!io had given the inkstand, 4, Is there atv in liar.
rowq-oater The waiter at first only answered him
with a " Sir !" when the Judge repeated, in a still
more significant and cmitidential way, " Is there a to
in Ilarrougate?"" Oh ! yes, Sir," said the waiter,
4, there ate several, bu:. master does not let any of
them come here !"

A singular case of hydrophobia occurred at Cawn-
pore, in May last. A sepoy.received a severe bite
front a leopard in the hand and arm, %%hid), /um..
ever, healed, and he had ceased to suffer any incor,
venieuce from the accident, when about two months
from the time of its occurrence, he was seized wiih
ail the symptor

horror, after t%
A man helon.
the clitF en the
t wee n Eastbou.

Holy wal whet

only injury hi

the ~m:ul bone

i

_ asc vyna bCILCU Wiln
oms of hydrothohia, and died in. great
two or three days dreadful suffering.
(en,ling to the coast bloskade fell over
,evening of Wednesday
at a spot`se'nnigl i,
ebe:
) le Id
Pere it is about :iO9 feet in height. The
he received w:l5 the fracture of'one of
les of the arm.

..

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. .

FRANCE.

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PRIVATE LETTER.
PARIS. DECEMBER 15.
The King, who for some time wavered with re-
spect to the policy of a war against Spain, has of
late become quite decided, since he has heard the
opinions of many General Officers respecting its dif-
ficulties; and particularly since he had an interview
with the Duke of Wellington. His Grace is said very
frankly to have informed his Majesty, that the enter-
prize might fail of success ; a:a: whether it succeeded
or not, it could not be otherwisethan injurious to the
iaterests of France; and that none were so desirous
; seeing it undertaken as the most implacable ene-
rMes of the Bourbons on both sides of the Pyrennees.'
In presiding at a Council on the same day, his Ma-
jesty took an opportunity of informing the Ministers
of the war party of his views. " I see with pleasure,"
said he, dissembling his knowledge, " that my Mi-
ni.ters are all inclined to match in the route marked
be my President of the Council. Such is my
wish. His policy with respect to Spain is mine."—
;':e crusaders crouched and consented. The article
in the Jolly mai dcs Debats of to-day, announcing the
ehantionmeet of every warlike project, will he inserted
i t tine Moniterir of to-morrow, and will thus decide
public opinion in favour of the !reservation of public
tranquillity. It is said, that a General commanding
cee of the divisions cf the Army of Observation made
lately a report on the spirit of his troops, which pro-
dnced a great effect in the Cabinet. He mentioned,
that he could not answer for them if brought to fight
for the Inquisition ; that they disliked their new friends..
of the Army of the Faith, and could not, he wail
afraid, be induced to consider themselves as the auxi-
liaries of monks and smugglers. The arrival on the
frontier of the host of wretched creatures without
in ins, and almost without clothes, undisciplined, ig-
norant, and ferocious, who fled before the coostitu-
tienal force of Mina, was not calculated *to remove
their first impressions of the folly and madness of
essisting them to establish their system. The Regency
cf Spain, :ravelling in a diligence, and Secretaries of,
f3-.ate seeking refuge in the hamlets of a neighbouring
State, were not likely to give them a high idea of the
cause for which they were to draw their swords.—
Nothing can be more ludicrous than this, if we ex-
cept the loan of the Regency.
M. Ouvrard has returned from Verona to Paris,
without having as yet obtained any sufficient gua-
rantee for his loan. The only Minister that coun-
tenanced him at Congress was the Pore's Nuncio.—
llis Raman Exceliency is said, on the part of his
Maser, to have °Gies! the Paris Banker the revenues
of the Spanish Convents, as a guarantee. This, it
would aprear, was not satisfactory. Probably M.
Ouvrard thought, like the Inca of Peru, that the Pope
could not well give away what was not his to give.
The Holy Alliance is understood to have breathed
its last at Verona. It existed just so long as the
Princes of which it was composed had no separate in-1
terests and no opposite views. It was extremely har- •
monious when it had only to settle the state of the
petty Princes of Germany, or to urge the passing of
laws favourable to the power of all Sovereigns.
When the Greeks chose at a very awkward moment
to rebel against the 'forks, and to excite the suspi-
cion of the Porte against Russia by invoking her pro-
tection, Austria and England said that the Alliance,
though of the most holy kind, did not bind them to
admit of the Russian aggrandizement, to which the
interference of the Emperor Alexander might lead.
They therefore continued to support the Peace and
the Turk. The Spanish Constitution displeased some
portion of the French Government. These wise per-
sons desired leave to put it down : England objected,
but France obtained the licenses which she is afraid
to exercise. The Emperor of the North urges the
war in the West that he may gain his point un-
disturbed in the East. He does not succeed, and will
therefore pursue his own projects independent of the
Holy Alliance. England, that discouraged the
Greeks, seeing this, will now assist them to obtain
their friendship, and thus, both in the West and East,
oppose the projects of Russia and the Frerch Ultras.
FROM THE JOURNAL DES DEBATS OF FRIDAY.
The preservation of peace between France and
Spain now appears to be certain. We congratulate
ourselves to have no longer to examine the right of
intervention, nor the chances which might have ac-
companied its exercise. The severe truths which we
have spoken on these questions no longer need be re-
peated, for all enlightened Royalists have adopted
them ; and the petty fraational opinions which shall
reject them will doubtless consider it proper to cease
cries which are made in vain.
We have now a different duty to perform. We
have to make the Spaniards understand their position
with respect to France, pacific but not disarmed—
% ids respect to Europe, which is no longer immedi-
ately alarmed by the Spanish revolution, .but which
is still afflicted at it, and which, in renouncing the
uncertain means of armed intervention, will not fail
to make unanimous efforts for the termination of a
state of things contrary to the principles of order, of
peace, and of civilization—which are the constant
aim of the existing policy, and the object, truly holy,
of the grand alliance of the Christian Powers.
In the first place, Spain may be convinced that thel
feeble military means at the disposal of her revolu-1
tionists have not made us reject the idea of an armed
inteivention. That determination on the part of,
Powers incomparably superior to Spain, could have
uo other motive than the conscientious conviction of
the impracticability of obtaining in that way the ge-
ueral welfare of Europe, or the particular welfare of
Spain. The upright and firm policy of the arbiters
of peace and war dues not recede from obstacles, but'
from the fear of causing evils as serious as those'
which it is wished to tertuirette. It is not weakness,
that bends, but wisdom and force that pause.
But atter this motive for military inaction, what
ulterior views can tie Poweis have as to the future
in-Spain? We perceive only two possible views.—
One is a cruel indifferance, which should regard it as
useful for the rept easion of the extravagant ideas of
the democrats of Europe to allow the Spanish reac,sl
lotion to devour itself, and to petish by the ruins of
ss own.excesses, under the ruins of a destroyed mo-
narchy and a desolated country ; the other would be
magnanimous hope of prevailing on Spain to listen
'at the counsels of friendship and the advice of expe-
rience—ot saving, by a pacific hitercession, those nu-
met OM classes of victims, proscribed and incarcerated,

whose only crime is the not partaking in the opinion
which is for the moment triultiphant ; in fine, of re-
calling torthe rank of a eiviliied State that generous
nation, which, within the walls of Cadiz, so gloriously
resisted the usurper. of the throne of the Bourbons,
and first cast a mortal dart at the flank of the Colossus
which oppressed Europe.
• The wishes ot France cannot he doubtful. The
hereditary magnanimity of our King., the national
generosity, all our sentiments unite with all our inte-
rests, to make us desire that Spain should again be-
come a powerful and rich monarchy, possessing a
good navy, and be flourishing and tranquil. We
know, as well as the Spaniards, that to secure to
their country these advantages, it is henceforth neces-
sary that they should have a vigorrars and a wise
system of liberty—a Constitution capable of guaran-
teeing the rights of every individual, and of assuring
to the enlightened part of the nation the superin-
tendence of public affairs. We are far from coun-
selling Spain to purchase repose at the expense of her
liberties; and we do not hesitate to declare, that the
re-establishment of absolute monarchy at Madrid
would prove only a new source of alarm for Europe,
and of misfortune for Spain.
Can the Spaniards deny that anarchy is now com-
mitting in their country more terrible excesses than
were ever exercised by their Peter the Cruel, or Tor•
quemala ? Can they deny that the absolute power
at present legally assigned to the Authorities, anni-
hilates liberty, safety, and tranquillity ? What indi-
vidual is safe from imprisonment, and what prisoner'
out of the reach of the fatal hammer (martillo ) ?
Are not the tribunals controled by the tumultuous
pies of a mob, who dictate sentences of death to a
magistrate? Are not the clubs the daily theatre of
shameless declaimers, who make a sport of exciting
the passions of a blind and erring populace ? Do not
the soldiers every day revolt against chiefs, who,
having themselves sa lately conducted them to revolt,
can no longer invoke the principle of obedience? Do
not towns—nay, whole cantons—refuse any longer
to pay contributions?
Such is the disorganization, I will not say of the
Government alone, but of the whole community.
Will it be said that it is a foreign Power which, in
supporting the insurrectionary armaments, is the
cause of this disorganization? But insurrections exist
in the whole interior of the monarchy—in Provinces
the least accessible to foreign influence; Merino, in
Old Castile ; Joann's, in Galicia; two or three Chiefs
in the mountains of St. Ander ; Zaldivar, in Anda-
lusia; Jaimer, near Murcia ; an entire corps of insur-
gents in the mountains of Teruel ; are all these sup-
' ported by foreign aid ?
No, it is the spirit of persecution and political into-
lerance which multiplies at all points, and among all
classes, resistance, insurrections, and plots, of which
not one bears any resemblance to the other, whether
in the end or in the motive. A perfect fury for in-
quests, condemnations, and proscriptions, seems to
have possessed the Cortes since their establishment in
1820. Whoever does not think like them on all sub-
jects is an enemy—a traitor. They search into the
past, and every where see only gun:sr persons to search
for and punish. Of ten or twelve little Ministerial
coteries, who have attempted to seize on power in the
six years, from 1814 to 1820, none appear in their
eyes less guilty than others ; they pursue equally those
who sent them to the gullies and those who released
them. Even the most wise and liberal opinions, let
them diveri4e ever so little from the infallible system,
become political offences. Positions enforced by ne-
cessity are imputed as crimes. The Josephinos are
condemned, though the friends of Constitutional Mo-
-1 narch y ; the Poles arc condemned as the partisans of
despotism, though they only seek to revive the an-
cient Cortes. No public man can preserve his repo-
! tation for patriotism ; a Jovellanos, a Toreno, a Mar-
tinez de la Rosa, is in turn decried, and their wise
counsels repelled with horror; the heroic Quiroga,
and the dirine Arguelles, fall into disgrace. What
do I say ? The Ministers even of the 7th of June,
those so pure deseamiswlos, are at present attacked by
the party of the Zurriago, in the celebrated Journal
which bears that name.
The eternal war of parties, and even of the frac-
tions of parties, would of itself sufficiently explain
the agitations to which Spain is a prey. But much
more serious :causes have carried civil discord to its
height. An imprudent law, relating to religious dog-
mas, has deprived the church of half its property. The
Monks who had so nobly rushed forward in defence of
the national independence beheld themselvesignomini-
ously driven from their peaceable asylums. Here
was a numerous class injured in two points—its in-
terest and its honour. Then, again, the proposed
Act relative to seignorial rights, which the King twice
refused to sign, but which, it is feared, will be
brought forward again next Session, when it will
acquire the force of a law, excited alarm, not only
in the Nobility, but in the possessors of funded pro-
perty, to whom it threatened a diminution of their
income, and also the imposition of an extremely
irksome fiscal. inquisition. This proposed law con-
vinced a large mass of men of all classes, corpora-
tions, and even whole towns, that in every well-
organized society it is necessary there should be some
protecting power, which will guard acquired rights
against the spoliative innovations of legislative power
misled by spirit of system. Whether this guarantee
ought to be sought in a royal definitive veto or a
Chamber of Peers, or in a new institution appro.
iate to Spain, is not here in question : we may
merely point out a Powerful cause of civil discord.
Finally, the insults heaped upon the persons of the
King and the Princes, sometimes in the clubs, at others
under the very windows of the Palace, could not fail
to alarm every Spaniard who is attached to a dy-
nasty which has become national, and to the heredi-
tary monarchy, upon which depends the only hope
of preserving at least some portions of the Spanish
coloeial possessions.
So many and such weighty causes of discontent
sufficiently prove that it is to her own rashness, to her
own faults, and not to the acts of foreign Powers, that
Spain ought to attribute the ills to which it is a prey.
It is not a natural right, and even a duty of good
neighbourhood, to induce Spain to put an end to
these troubles, which are to us, indisputably, a source
of inconvenience, and even an object of expense;
Spain alone can do this. She can accomplish it utqer
the auspices of her King, so worthy of her respect,
and so anxious for the happiness of his people—she
can accomplish it by adopting a system of concilia•
I tiuu and ot moderation towards all partiesr—by gua-

ranteeing all rights and tranquilliiing alkiaisting
'things, and by placing her re-orgailised laaninistra-
Ilan on the basis of a better balanced Constitution;
What mutual advantages might. not Spain' and
France derive from this change! The Spanish colo-
nies who wish to remain independent, might vofun-
Itarily take upon themselves part of that immense
public debt with which the revolution has loaded
Spain, and which so alarms public opinion, that even
the certainty of peace does not improve the state of
Spanish funds. The most advantageous coarse
possible which circumstances could permit would
then be taken for Spain. Perhaps a ilispano-
American confederation might be formed under a
protecting Emperor, as M. Golfin has proposed; at
least intimate treaties of alliance might be formed
with all those States ; and since, most fortunately,
Mexico and the greater part of Peru adhere, as much
tosthe forms of monarchical government as to their
independence, it would at least be possible to erect
there two new thrones for Princes of the blood of
the Bourbons. To bring about this conclusion of
the American revolutions, Castilian pride will admit
that the support of "a naval power is necessary.
But if Spain refuse to adopt measures a hundred
times more useful to her than to France—i;' she
persist in disturbing us with the confusion of civil
wars, then will Europe be compelled to exclu.le her
from the community of civilized nations; to suspend
all diplomatic and social relations, to shut every port
against the Spanish flag, and on the contrary to re-
cognize the States formed in America; finally, to
consider Spain as a barbarous country, similar to the
Empire of Morocco, or the Regency of Algiers.

TN E I.IV h ( STA It.

LONDON.

MONDAY, DECEMBER 16, 1822.
THE FUNDS.

STOCK EXCHANGE, HALF-PAST TWELVE.

The market opened this morning at 81i but the moment it
was known that Expresses had arrived from Paris, with the
price of the French Funds on Saturday somewhat worse, Con-
sols lowered to 3 i 6. The French Funds were at 90f. The
private information states the fall of the above Funds is entirely
attributed to the different speculations in the French market.—
Consols up to this hour 81 h.

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