Star.
London, England, 1818-12-30 00:00:00

THE EVENING STAR

LONDON.

WEDNESDAY, DECEMBER SO, ISIS.
THE FUNDS.

!KICK Of STOCKS THIS DAT ♦T TWSLVE O'CLOCK
3 per Cent. Reduied 77j 4—i per Cent. Cons. shut
Cons. for Account, 78,11-3 i per Cent. tisii
14 Tier Cent. 94/-1-5 per Cent. Navy shut
India Bonds 76 78 pre.—Ornnitun par.
Exchequer Bills 12 16 pre.

Boston Papers to the 7th instant arrived this morn
ing. The following are exttacts:

" WASUINGTON, NOV. 27.

" I learn with pleasure that the reduction of the
present standing army, which many consider in its

to be worse than useless, is

contemplated. Indeed it is loudly called for by the
sombre statements of Mr. Secretary Crawford. By
his Report it will be seen, that the estimates for the
'military department next year only, will exceed the
enormous sum of eight millions and a half of dollars,
vastly more than doable the whole naval expense,
including the annual million for the gradual increase
.of the navy. The intention, it is said, is to retain
only one Major-General (Brown), and two Brigadiers.
But as the troops will be stationed in small bodies,
in remote garrisons, it may be found expedient to
dispense with even these two, and make the Colcinels
report direct with the Major-General at Washington.
" It is hoped, by all friends to economy, that a
great part of the present General and Medical Staff
will be abolished—they now consist of more than 120
officers, moat of which are mere sinecures. Indeci,
those Staffs have been pronounced more than suffi-
cient for an army of 40,000 men in the field.

" We still have hope that something will be done
on the subject of the Bankrupt Law. The Bank
6uhkles excite much attention and much quaking here,

and I fear it is but the

of the most

distressing embarrassinents."
MOBILE, OCTOBER 50.

By letters from Havannah, of the 6th instant, we
I learn, that on the day before advices from the Court
of Spain were received there, through Don Onis; that
the affairs of the Floridas are settled for the present,
and Pensacola is to be restored positively to Spain ;
in consequence of which a new Governor, Don Ma-
riano Calonj•a, is apppinted, and will sail immedi-
ately with 200 men to garrison the place. The per-
sons who have speculated in real estate in and about
Pensacola, we are fearful will be much injured. If
we aie not mistaken, no person under the general-
law of Spain can legallyitold a freehold unless he in
sonic manner becomes a Spanish subject.

IBIPORTANT LAW CASE.
UNITPD STATICS V. THOMAS TAYLOR.
Indictment for Piracy, containing Five Counts.

The conspicuous part hitherto borne by Commo-
dore Taylor in the cause of South American Inde-
pendence, the anxiety manifested throughout the
Union on that subject, and the abilities of the oppo-
site Counsel, have all combined to render this case
an object of general interest. W. Wort, Esq. Attor-
ney-General ; Elias Glynn, Esq. District Attorney ;
and David Hoffman, Esq. appear in behalf of the
United States ; and Wm. Pinkney, Esq. and General
Winder, are the Counsel for the prisoner.
The trial commenced on Wednesday. Several
witnesses for the prosecution, were examined, but the
progress of the testimony was suspended to discuss
a point of law. The Counsel for the prosecution
having offered to introduce the capture of vessels
not named in the indictment, to evince the piratical
intention ; it was objected to by the Counsel for the
pr:soner. Mr. Ilorrmax cited several authorities to
prove the legal admissibility of such evidence, and
was supported by Messrs. WORT and GLIINIC
General WINDER arrived. yesterday, and it is sup-
posed Mr. PININZT will submit his ideas to-day.

BOSTON, DECEMBER S.
The Spanish Captain GARCIA, captured on the
coast of Africa by a British sloop of war, was exe-
cuted for piracy, at Fort Royal, en the 7th of Sep.'
tember. Previous to his execution he made several!
unsuccessful attempts to destroy himself with a ilass,
bottle, and to jump into the sea : he was a man of
family, and of considerable wealth.

The differences which have been for some time
known to prevail in the French Ministry, have At
length arrived at an important crisis. It appears
from a variety of Private Letters which were received
in town yesterday, and from which we subjoin some
inttresting extracts, that all the Members of the. Ca-
binet, with the exception of the Duke of Ricastrzo,
gave in their resignations on Thursday ; and that an
endeavour had been made to form a new Ministry
under the Premiership of the Duke, but that none of
the individuals whom he recommended to the vacant,
pasts could be induced to accept of them. In this
emergency it was thought probable that the Krim
would see the necessity of recalling M. CAZIS to
carry on the Government, with an Administration
unmixed and more unfettered than before. A later,
but rather improbable, rumour in circulation was,
that the noted TALLRYRAND wax once more to come
into office. The Jourriab of Sundiy, which are due
to-day, but have not as yet arsived, will in all pro-

bability put us in possession of the final re.ult of this
important change.

PRIVATE LETTERS. '
" PARIS, DECEMBER se.

At last the divisions of the Ministry have led to
*general rupture. On Thursday all the Ministers
gave in their resignations, and the KING accepted of
them all, with the exception of that of the Duke of
&CHIMING, who immediately formed a new Minis-
try, composed as follows:

" M. Cusses, (the great Naturalist, who was lately in Eng-
land,) the new Moslem f the !uteri's..
" M. Mottunt, (formerly Minister of the Treasury during
the reign of Boxaraaez, a place which be occupied even during
the hundred days,) itsuialer of Finance.
" M. Samar, (Member of the Chamber of Deputies, who
had been Counsellor of State under Bomarsarz, and Minister of
Justice in the Kingdom of Westphalia,) Minister of Justice.
" M. an Vu.ttte, (Member of the Chamber of Deputies,)
Minister of Marine. And

" Count Law or Lawn:troy, (Peer of France, Aide-de-camp
of 13.oraranz, and his Ambassador at the Court of Petersburgh
during the years 1511 and 19120 Minister of War.

" According to this new arrangement, the Minis-
-17 of Police was to have been suppressed.
" Yesterday, by five o'clock in the afternoon, all
these Gentlemen bad declined the places tendered
them, with the exception of M. CIJVI&R. MM. Met-
Luna and SIMEON refused office, from a fear that they
might be required to give their sanction to measures
which they regard as anti-national; and MM. DE
VILLELK and LAVIIISTON (two Ultras) declined to
act, unless a pledge were given by their colleagues,
that they would support such modifications of tie
Laws of Elections and Recruiting as would render
them more mocarchical.

" It was easy to foresee that a Ministry composed
of such heterogeneous and discordant elements could
not go on a single day ; and it is generally believed,
that in the present state of affairs, the Duke of RICHE-
LIZU will not be able to form a Ministry which will
Act in concert or last for three months.

". In the Chamber of Peers M. de Cazzt has already
been in a minority. Joined by a party of twenty-
four other Members, he opposed the draft of the
Address, which, notwithstanding his opposition, was
presented to his MAJESTY without amendment.

" Nobody can calculate the result of this crisis in
the Administratipn. It appears certain that, the
Chamber of Deputies will to-day refuse the levying
of the 6-I2ths of the contributions which Ministers
had demanded, Any change which the new Ministers
may propose in the law of elections and the law of
recruiting will only give new activity to the move-
ments of party. After thirty years of civil troubles,
during which the overthrow of many theories that
were attempted to be executed, and the abolition
,of so many Governments that were atterncted to be
,establisheii. have harassed the public wind, society
cannot be re-assured; bat by the stable conviction
that the compact on which it rests its civil order and
political institutious shall be durable, and that the
laws which contribute to the conservation of its in-
terests and the maintainance of its tights shall be

faithfully executed. This conviction alor.e can en-
sure the public tranquillity. It; on the other hand,
doubts or uncertainty are again revived, social insti-
tutions and general repose caul never be consolidated."

" PARIS, DEC. 16.--(Afternoon.)

,e The crisis of the Ministry has as yet had no in-
fluenceon the public funds. To-day, at the Exchange,
the 5 per cents. are 62.63 c. Nothing is as yet de-
cided
regarding a new Ministry. The Duke cf Rt.
cnutzu is in negotiation with M. Lem., to induce
him to remain in the Ministry with M. de Vtxxxxx,
and to prevail upon him to accept the Department of
Marine. In this case the Ultras Nr ould triumph, and
M. de CAtEs would lose his influence. I cannot give
credit to this theory.

" It is said that Bavaria has not acceded to the
basis of the arrangement proposed at Air-la-Chapelle,
to settle the differences between her and Baden, and
that she is determined to preserve the rights gua-
ranteed to her by previous treaties."

ANOTHER LETTER.
" PARIS, DECEMBER 26.

" The Bum, at the close of the Council, on Wed-
nesday evening, is reported to have used every effort
to engage the Ministry to act with concord, but the
views of the two parties at the head of affairs were
It4o divergent to admit of any understanding. Inca-
pable, therefore, of conforming to the wishes of his
MAJESTY, the whole Ministry, with the exception of
the Duc de RICHELIEU, offered their resignations,
which were accepted at eight o'clock on Thursday
evening. It was expected that the Moniteur of Fri-
day would have contained the nomination of the new
Ministry, bet (a circumstance almost unparalleled) it
was perfectly silent on his MAJESTY'S choice, as well
as on the catastrophe which all Paris knew had be-
fallen the old Ministers. M. ROY said to his friends,
on Thursday evening—' I receive you, not as a Mi-
nister, but ellfatosille and M. Ds CAzas made no
secret of tilt event which had taken place.
"On Thursday evening (the 24th inst.) the course
of exchange had risen to 63 it was quoted at this
price at three o'clock, which is the last hour of its
legal business—but in the Arriere Bourse, from three
to four, it transpired that the stability of the Ministry
was still in jeopardy, and the Funds fell lfr. 75c.
I sktrjoin a list of the new Ministry, which every one
believes to be a correct one :
" Minister of the Interior, M. Coin' ; Minister of War,
General Latiasson; Minister of the Marine, N. DnVn.kwas :