Star.
London, England, 1827-07-10 00:00:00

sovereign lure of glorious memory, of which we
cannot site a more palpable proof, than the doctrine,
upon which they lay sci mucherrestin their Ultimatum,
re-pet:gag the indefensible rights-of Princes. Bat the
edge of ilmic sophistries will prove as unavailing as the
edge of their scimitars in this instance; .and, fur once
at least, the world will see the greatest Powers in
the world, confederated in the cause of justice and
humanity, and not for purposes of violence. After
ages will gratefully speak of this as another of
the glorious characteristics of the reign of Gaoarts
the Fourth ; and, distinguished as it is by the noblest
iriumphs, it will receive new lustre from having re-
called Greece, after twenty centuries of moral extinc-
tion, to a new existence, With a new life, virtues of
which there is no trate now will make , their appear-
ance; and the free Greek will be as different from the
enslaved Greek. as light i*from darkness. They will
then, by the accession of strength they will bring into
the Great European Family, teward their. powerful
'benefactors; whereas, if they were to be consigned to
Turkish discipline till they were fit to set up for them-
selves, their cruel, degrading, and abject state of de•
pendence, would be the badge of the nation from age
to age, every new generation being more vicious than
its predecessor.

Papers have been received from Mexico to the 10th,
and from Vera Crux t 3 the 13th of May. The reiult
of the proposition for withholding public employments
from Spa-lards until the Court of Madrid shall recog-
nize the Republic if Mexico, is not given in these pa•
plus; but it is probable that it would be carried. The
subject was debated in the Senate on the 24th and 25th
of April, when some of the Sen A tors spoke in favour of the
measure,with certain modifications, and a few opposed it
altogether. The majority, however, supported it in the
form in which it had been sent up by the Chamber of
Deputies. The discussion of a new tariff and Cu.tom-
house regulations had chiefly occupied the Chamber
of Deputies. There had been introduced the project of
a law for prohibiting the founding of benefices, majorats.
And certain other ecclejastical and civil institutions;
and also for preventing convents, congregations, and
fraternities, from receiving testamentary bequests.
The private letters received yesterday from Constan-
tinople communicate some additional particulars to
those given in the Frankf art papers respecting the
declaration delivered by the Reis Effendi to the Mi-
nisters of the Allied Powers, in answer to the requi.
sition for the pacification of Greece. The tone as-
.sumed in it is deprecating, though firm, but has no-
thing of an assuming or ins,•lent character. and is
said to prose the Ministers of the Divan to be, on the
whole, great adepts in the arts of diplomacy. The
declaration begins by stating that the requisitions
made are not within the power of the Sultan to comply
with, since he has been placed by Heaven on the throne
of that empire, and that he is forbidden by. its funda-
mental laws to yield up or to alter the constitution of
any. portion of it; that the Greeks, as a nation, on
whose 'behalf the interference of the Allied Sove.
rreizns ban been resorted to, no where exist ; that
ismiltisinies lir Greeks reside in various parts of the
Turkiili 'ffiiminions, who practise, without molest*
don, the religion they profess, who are in all respects
goo! subjects, and who acknowledge the sway of
the Government to be a mild and paternal one; that
the• pe pie of the Morea, who pass under the name
of Greeks, and whom the Turkish arms are now en-
gaged in putting down, are the mixed refuse of various
nations, incapable of government and good order, or of
combining for any object beyond that of plunder; and,
'hi effect, no better than a band of robbers. After touch-
ing; on vat ious other topics, for the most part conceived
,in a similar spirit, the declaration concludes n i.h an
appeal to the deciiions of the Congress of Verona, in
which a virtual guarantee was given for the integrity
of the existing state of Europe. and an express de-
claration that the Powers would not interfere in the
affairs of Greece.

Dispatches were received on Sunday at the Colonial
Department. from Lieutenant• General Sir H. TURNER,
K.C.B. and K.C.H. at Bermuda.

The Gibraltar Papers and Letters to the 18th Int.
state, several French merchantmen have been captured
by the Algerines; the squadron destined to blockade
Algiers had been spoken with at sea. The general opi-
nion at the English garrison was, that the French fleet
would be worsted if they attempted to batter the Mole,
which is reported to be made immensely strong.
Demerara Papers, to the 10th of !dry, arrivei in
town yesterday. They do not contain any information
of importance, either public or private.
Letters from Danis'', of the 29th Jane, state, that
forty salt of vessels bad arrived there for freight; but, in coos,-
' quence of the Corn Bill having been last in the Meuse of Loris,
the orders received there had been cancelled, Oct any freights oiler.
lag. They further mention that, although the proposed alter-Alma
were known, the Market could not be considered higher. though
the holders insisted on higher terms; net any orders had been re-
ceived, and through the favourable prospects for harvest, hardly
any thing had been done. The following are quotations f prices,
via —Wheat (high nilzed),tes. lid. Rye, las. 7d. Barley, 19s. 60:
Oats. ISs. told.. and White Peas, 355. 7d. per Imperial Quarter
free on board—Sound Rtes.—Etebange, tOf. it.
The Lady Pelham left Vets Cruz 13th May ; she
brings nothing of importance. The Primrose was at
the Havannah with M. ROCA! tliltTE and Mr. WAND
on board. The amount of dollars on board is 1,300,000,
500,000 of which are for the Government.

The branches of the Bank of England have, it is no-
derstood, all reduced the rate of discount to 4 per cent.
as a necessary consequence of the course adopted by the
parent establishment. Indeed, that seems to have been
the only chance of making the business carried on by
I them at all productive. The local batiks, however, who
do not like to break up old connections, seem deter-
mined to make sacrifices to secure them, and to enter
into an active competition with the branch banks. At
Manchester, on Saturday, a meeting was held of the
town bankers and others from the surrounding district,
at which it was resolved, that the future rate of dis-
count accommodation to their friends should be 3 per
cent. only.
Tat QUARTERLY DlVlDENDS.—Yesterday morning
the Dividend, on Three per Cent. Consols, and the new
Four per Cents, amounting to nearly Nine Millions
sterling, commenced paying at the Bank of England.—
On no occasion, since the panic in 1826, have we seen
so many persons present for the purpose of receiving
their dividends. Great numbers were collected long
before the hour appointed for the commencement of
business; and up to the middle of the day a scene of
much activity was presented in all the offices connected
with the payment of dividends.