Star.
London, England, 1821-05-10 00:00:00

THE EVENING STAR.

LONDON.

THURSDAY, MAY 10, 1821.
THE FUNDS.

The market continues m look exceedingly well,
notwithstanding the trifling se-action that has taken
place, from 74 to 73% %, which latter is the price
of this morning. The rise is attributed to the great
scarcity of Money Stock. The parties in favour of
a, further advance are firmly of opinion that they will
be Much better before the 26th instant, settling day.
Considerable bets were decided yesterday, on Consols
being done at 74.—Current Prices at One o'Clock

tnk Stock 225 22514-3 per Cent. Reduced 7,2%
per Cent. Cons. 755 % 84-8% per Ct. 82% ri
~.4pes: Cent. 91 90% 91-5 per Ct. Navy 106% HI
tong Anns. 18 54—Imp. 3 per Ct. 71%
India Bonds 425. pre.
Exchequer Bills Ss. 4s. ls. pre.

Lord Join; Roam. brought before the House of'
Commons, last night, his plan of Reform in Parlia-
ment, by disfranchising certain smaller Boroughs.
and transferring the elective privilege to an equal
number of large unrepresented towns. The Noble
Lord insisted, forcibly, on the notoriety of Borough
corruption, and proposed a Resolution declaratory
of its existence. It also entered into his plan, that a
Committee, similar to that under the Grenville Act,
should be appointed, to inquire into every complaint
of Borough Corruption, though no Petition had. been
presented complaining of undue Election. The No-
ble Lord justified his proposal to disfranchise Bo-
roughs without the ground of an actual case of cor-
ruption, by the precedent of a similar measure in
Ireland, according to which compensation was made
to the Burgesses for the deprivation of the franchise.
The disorders but too frequent in some larger towns
were attributed by the Noble Lord to their want of a
Representative, whom they should look to as the or-
gan through whom grievances should reach Parlia-
Ment. The Noble Lord quoted the example of the
States of Italy, which, from the possession of wealth
and power, had fallen comparatively into decay,
from the 13th to the 16th century, in direct propor-
tion to the decrease of the number of freemen during
the same period ; from which fact, as well as from
general reasoning, he inferred that the liberty and
prosperity of this country' would be best consulted
by extending the basis of Representation concurrently
with the increase of population.

The motion was discussed at some Length, when a
division took place—For it, 121—For the previous
Question, 155—Majority against Reform, SI.

We have to-day the pleasure of announcing to our
Readers, the arrival of dispatches to Government with
the gratifying and important intelligence of the com-
plete consummation of the cause of Constitutional Re:
form throughout the Portuguese dominions. The pre.
since of Brazil has followed the example of Pernam
buco and Bahia, and adopted the Constitution of the
mother country ; the Kozo and PRINCE ROYAL have
sworn to observe it ; we wish could add, what seems
now-a-days of more importance, that in heart and
mind they approved of it. The Revolution was, like
that of the mother country, effected with the aid of
the soldiery ; it was, in truth, forced on the KING,
who depending, it is presumed, on the same soldiery,
had put off doing the good deed which the voice of
his People demanded, till the concession of it ceased
to be a matter either of grace or favour. The fol-
lowing is a summary of the leading circumstances
connected with this eventful change in the fortunes
of the Portuguese monarchy.
On the 17th of February, the Manchester packet
arrived at Rio de Janeiro with the news of the Revo-
lution at Bahia, which excited much alarm, and
gave rise to such vague rumours as commonly ob-
tain currency in moments of popular agitation.—
This state of uncertainty continued for several days.
On the 22d, the Icarus arrived, with the Conde de
PALMA on board; and on the 24th, a Royal Decree
appeared, dated the 18th, in which his MaJesee
aanouaces, that, influenced by a view of the cir-
cumstances in which the Monarchy was placed, and
by anxiety for the welfare of his people, he has re-
solved to send his son, DON PEDRO, tb Portugal, to
determine on and execute the measures necessary for
the restoration of tranquillity, to hear complaints, to
reform abuses, and to consolidate the Constitution.
And, considering 'that the laws and institutions of
Portugal may not be equally adapted to the King-
dom of Brazil and his other ultra-marine territories,
his Id/iv:are orders the convocation, at Rio Janeiro,
of Attornies Procuradores) elected by the Munici-
palities of the Azores, Madeira, Brazil, ttc. for the
pirpose of deliberating on such alterations and im-
♦ plovements as may be necessary in the Constitution
agreed to by the Cortes at Lisbon. In another De-
cree, his MAJESTY appoints a Commission,. to enter
into the immediate investigation of the subject, is
order to prevent the delay attendant upon the arrival
of the procuradores. These Decrees are said to have
-excited much discontent, and we are told in private
letters, that their falling short of what was desired
by the-Revolutionists was'attributed to the influence
of the Conde de PALMELLA, and the temporary ab-
sence of the Conde dos Amos.
Oa the 26th of February, at day-break, the troops