Star.
London, England, 1821-03-21 00:00:00

LONDON.

WEDNESDAY, MARCH 21, 1821.
THE FUNDS.
!Nita Of STOCKS THIS DAY AT ONIL O'CLOCIC
S per Cent. Cons. 695 685 6914 5
per Ct. Navy 1045 104 1063/4 3/4
Imperial 3 per Ct. 695 4—lndia Bonds 20s. 21s. pr.
Excheq. Bills 55.45. Bs. ss. dis.
Bank for Acct 2201/2-India for Acct. 223%
Consols for Acct. 70 6914 7014 70

There is no doubt whatever of the King of SAIL.
DINIA having abdicated, and that the Prince de CA•I
RIGNAU, the heir presumptive, has ascended the
Throne. He is a yetang.man, of 23 years of age, but
of his degree of consanguinity to the Monarch who
has abdicated, we are not accurately informed. His
name is CHALLIS AMIDIM The lines of succession
in Piedmont and in Sardinia are different. In the
former the Salic law is followed, which excludes fe-
males from the succession : in the latter the succes-

sion goes to the nearest of kin, whether male or fe•'
male. In Sardinia, therefore, whither the Kato has
retired, his daughter is heir to the Throne.
Many have applauded the conduct of the British
Cabinet, in declaring that it will maintain a strict
neutrality during the present war; but it yet remains
to he seen, whether abstaining even from remon-
strance, respecting any measures to which some of
the Belligerents may have recourse, may not amount
to taking a part in the war against one of the parties?
--Whether this pledge may not be construed by one
or other of the Powers into a promise that this coun-
try will quietly look on, and witness, without inter-
ference, acquisitions of territory by some of the par-
ties, calculated to destroy the balance of power in
Europe ? May not all or any of the Belligerents
say, that this country stands pledged not to interfere
with any proceedings they may cboose to attempt,
provided only that such proceedings be made to
appear as measures of warfare against the Power
with which they are in a state of hostility. This
is not a mere visionary speculation. The Empe-
ror of RUSSIA has, it is said, issued a Declaration,
in which he alludes to this pledge of neutrality given
by our Government, and by trance; and in which
he avows his active alliance with Austria, and ex-
presses his determination to co-operate against Naples,
by immediately sending an expedition to the Medi-
terranean. Will our Government suffer this over-
grown Power to take possession of the Island of
Sicily ? The establishment of Russia in the Medi-
terranean can never be suffered by this country, nor
we should think by France. This news was received
yesterday by several Russian Houses, and they add,
that the Estrnaoa says, England cannot now depart
from her avowed neutrality respecting the part be
shall take. Our Readers will also see, in the 'im-
portant debate of last night, it was stated, that Rus-
sia, in the confidence of our neutrality, means to
occupy—that is, to seize on Sicily, as well as assist
in delivering over Naples to his Ally. So much for
our political sagacity !
_ _ _

One of the letters to which we allude states, that a
Russian army of 120,000 men is advancing from
Georgia. The writer supposes, that by the movement
of this force the Emperor may be conceived to have
some direct views upon Constantinople: this, how-
ever, we conceive to be foreign to his present object.
ALIXANDER has been preparing an armament in the
Black Sea, and we think its object cannot be mis-
taken. To march an army overland to Italy would
be impossible, without either invading the rights of
neutral territory, or obliging the troops to take such
a circuitous route as would keep them for many
months from the scene of action; and, indeed, it
would be next to impossible, in this way, to forward
the necessary magazines and stores for the army.—
It is much more reasonable, then, to conclude that
the Russian force Is to be sent from the Black Sea
into the Mediterranean. The rest may be easily anti-
cipated. If we suffer the Russians to take possession
of Sicily, we shall be obliged afterwards to go to war
wOi Russia to dispossess them : the danger of which
might have been entirely avoided, by saying at once
to Russia—" You shall not take possession of Sicily!
If you do, our neutrality ceases." •

At the time we begin to write no new accounts
have reached us from the Continent, but in addition to