Star.
London, England, 1818-05-05 00:00:00

LONDON.

TUESDAY, MAY S. 1818.
THE FUNDS.
PRICY OF STOCKS THIS DAT AT TWELVE O'CLOCK :
Reduced 79;2—Consols 80a—for Ace. 801 i
4 per Cent. 96H—Navy Anns. 10711
India Bonds 96 98 pr.—Etch. Bills 17 20 pi-.
Omnium 2tl prem.

Our Readers have already been informed of the
warlike aspect of affairs in India, and of the prepa-
i rations making by the Governor-General for hostile
loperations. By Bombay Gazettes received last night,
from which we have given extracts, it appears that
the Pindarees are not the only Power to whose move-
ments the attention of the Marquis of HASTINGS
must. be directed. The Mahrattas—all Qf whom hat*

•
already fought against us, or have broken their engage-
ments, and refused to co.-operate with his Lordship,
are the Powers whose operations threaten our posses-
sions with the most danger.

Two victories are stated to have been the result of
two battles, of which, however, the details are not
yet come to band. The first of these actions, in point
of time, took place between the diiision of the Bii-
, fish army under the command of Colonel SCOTT, and
the troops of the Rajah of BEHAR ; which Chieftain,
as our Indian Readers may recollect, was raised -to
the sovereignty by British interference, and to the ex-
clusion of a candidate protected by SCINDIAH and
his Mirtisters. In consequence of some hostile dispo-
sitions in that State, General DOVETON moved upon
Nagpoor with a light force, where he was joined by
the remainder of his army. The Resident then an-
nonnced to the Rajah the conditions on which the
Company would grant him peace ; the General sup-
porting the overtures of the Resident by a proper
display and disposition of his farces, some negocia-
tions followed. The Rajah, it war said, had agreed
to the terns offered to him ; bat the negotiation
failed, and an obstinate battle was fought on the 26th
of November, which ended its favour of our arms.

The second action was fought with the troops of
•HOLKAR, by the Madras Army tinder Sir THOMAS
lituop, and Sir JohN MAtcos..v, who commanded
the advance. The last accounts which we had occa-
sion to publish left these officers oh the banks of the
Nerbudda, on crossing which stream, they fount}

themselves in close contact with the dominions of
iiOLKAR, &INMAN, and the Pindarees. Here, on
the left bank of the Seepree River, Sir THoMAs
Ilist.or, attacking from the side of Ornea, The
Mahrattas opened a tremendous fire, silencing seven
out of fourteen of the British field-pieces : but a bat-
tery of forty pieces of cannon, which covered his
right wing was stormed and carried, the enemy's
gunners dying bravely at their guns. Our troops
then moved to the enemy's left, where his batteries
were stormed with the same gallantry and success.
The Mahratta army then dispersed, and we encamp-
ed in their position.
In the neighbourhood of Poonah the campaign
seems to languish, General Surru having effected
nothing beyond his first march in pursuit of the
Pm :a and the troops of the latter being.dispirited
by their encounter with Colonel Bunn.
Thus the war is alive throughout the centre of In-
dia; and if the confederates can unite their force, it.
may cost the Govanaux-GENEnat some bloody con-
flicts to restore amongst them the ascendancy of the
pritish arms, and the supremacy of the British name. I

The Paris Papers of Saturday arrived this morn-
ing.—The credit of 40 nbil:ons of rental required
by the French Government, to discharge the foreign
claims on France, has been voted by the Chamber
of Deputies without a single word of discussion.—,
The number of Members present was 179, of whom
162 voted for the law, and only 17 against it. " This
silence (says one of the Journals) is more eloquent
and more patriotic than all the discourses which thel
subject could have inspired. The vote will remain
as a monument of French loyalty. An Assembly in
which questions of internal policy are ordinarily
viewed under so many different lights, had but one
view, one sentiment upon this ; and with truth may
it be said, that neither the King, nor Franc?, nor the
Deputies, know what it is to deliberate, when it is
of the faith due to Treaties that they are called upon
to decide."—lt would have been as well, we thir.k,
if the Journals had followed the conduct they ap-
plaud, and said nothing about the matter. Many
things there are which will not bear talking about,
and this, as the Deputies discreetly felt, is one of
the number, When an insolvent Company are of-
fered to be discharged of all their debts, upon pay-
ment of a composition of ss. in the pound, adopted
upon their own statement, without the least enquiry as
to its accuracy, as the full amount of what their assets
are able to yield, it would be a pretty spectacle indeed to
see the partners of the Company debating whether or
not they should accept of the boon thus gracinusly of-
fered mesa. Tice Journalist we have quoted speaks