Star.
London, England, 1819-05-24 00:00:00

FROM SATURDAY Nicfirs GAZETTE.

This Gazette notifies the baptism of the son of the Duke of
Cambridge, at Hanover ; the reception of the Persian Ambas.
sadokat the Prince Regent's Levee on Thursday ; the investi-
titre of the Earl of Aylesbnry with the insignia of the Order
of the Thistle; andshe private audiences given to several of
the foreign Ambassadors. The French and Algerine Ambassa-
dors delivered on this occasion their credentials ; the Dutch
Ambassador deliveted a letter from his Sovereign ; the Austrian
presented the insignia of the Orders of St. Stephen, the Iron
Crown, and of Leopold ; and the Neapolitan a letter from his
Sovereign, announcing the marriage of .the Princess Charlotte,
his daughter, with the Infant of Spain, Don Fiancis de Paula.
This Gazette also notifies the appointment of Charles Maxwell,
Esq. as Governor of St. Christopher's; and of Sir S. Ford
Whittingbam, as Governor of Dominica.
Derbyshire Yeomanry Cavalry—Sir George Crewe, Bart. to
be Captain, vice Sir Henry Crewe, deceased.
BANKRUPTCY ENLARGED.

John Pearson, eieemer comtnission-agent, from May 25 to
June 8, at ten, at Guildhall, London.
BANKRUPTS.

Nathan Burch and William Smith, Hlydes-cum•Bamford, Lan-
cashire, calico-printers, to surrender June 7,8, and July 3,
at ten, at the Star Inn, Manchester. Attornies, Mr. 11,,1up,
Manchester; and Messrs. Willis, Clarke, and Co. Warnford-

court, London.
James Woodward, Banbury, °staid, upholsterer, June 4,5,
and July 3,-at eleven, at the White Lion Inn, anbury. At-
tornies, Mr. Bignell, Banbury; and Mr. Platt, New Dos-
well-court, Lincoln's Lin-
John Itossiter, Shepton Mallet, Somerset, clothier, June S, 7,
and July 3, at eleven, ...at the Swan Inn, Wells. Atomics,
Mr. Evered, Shepton Mallet; and Messra. Alexander and
Ilolme, New Inn.
William ,oleman, Gosport, baker. June 4, at one, 5, at eleven,
and July 3, at one, at the India Arms Inn, Gosport. At-
tornies, Memo. Alexander and Holme, New Inn; and Mr.
Cruickshank, Gosport. •
Charles Pettit y Birmingham glover, Juno 4, 5. and July 3,
at twelve, at the Woolpack Inn, Birminghant. Attornies,
Messrs. Baxter and Lowker, Gray's Inn-place ; and Mr.
Bird, Birmingham.
Robert Poyner, late of ShareshW, Staffordshire, butcher, June
7, at Ave, 8, and July 3, at eleven, at the Littleton Arms
• Inn, Pcnkridge. Attornies, Messrs. Price, Williams, and
White, Lincoln's Inn; and Mr. Solidi, Old Church-yard,
Wolverhampton?
Benjamin Smith, Bristol, coal-merehant, Jane 4,5, and July
3, at twelve, at the Commertial Rooms, Bristol. Atternies,
Messrs. Bourdillon and Hewitt, Bread-street ; and Ifiessrs
Bevan and Brittan, Bristol.

William Parkin, Nifferton, Yorkshire, miller, May 29, 31,
and July 3, at eleven, at the Tiger Inn, Beverley. Actor-
nies Messrs. Hall and Campbell, Beverley.
Johu Ltins, Rochead in Mirfield, Yorkshire, merchant, June
18, at four, 19, and July 3, at ten, at the Rose and Crown
Inn, Huddersfield. Attomies, Mr. Battya, Chancery-lane;
and Mr. Crosland Huddersfield
. _

Edward Roberts, Coburg-road, Kent-road, merchant, May 45,
June 5, and July 3, at ten, at Guildhall. Attorney, Mr.
Birkett, Clpak-lane.

Charier Poy—nor, Doncaster, linen-draper, June 14, at seven,
15, and July 3, at ten, at the Guildhall, Doncaster. Actor-
, nies, Messrs. Watkins and Peoly, Lincoln's Inn; and Mr.
Waterworth, Doncaster.

Robert Finch,' Cooper's-row, Crutches-friars, wine-merchant,
May 29, June 5, and July 3, at eleven, at Guildhall. At-
tornies, Messrs. Dawes and Chatfield, Angel-court, Thror

John Robertson Bell, Old Broad-street, ship and insurance-
broker, June 1, at one, 5, and July 3, at twelve, at Guild-
hall. Attorney, Mr. Kirkman, Cloak-lane.
Edward Paine, jun. Lawrence PounMey-hill, merehast, May
45, June 8, and July 3, at eleven, at Guildhall. Attornies,
Messrs. Vandercom and Comyn, Bosh-lane, Cannon-street.
Ranald Macdonald and John Waring, Liverpooi, merchants,
June 7,8, and July 3, at eleven, at the George Inc, Liver-
pool. Attornies, Messrs. Adlington and Gregory, Bedford-
row; and Mr. Cartwright, Statham's-buildings. Liverpool.
William Brooker, Eaton-street, New Cut, Blackfriars-road,
timber-merchant, May 25, June 8, and July 3, at ten, at
Guildhall. Attornies, Messrs. Quallett and Hancock, Pros-
pea-row, Dock-head.
John Outram and William Welsh, Liverpool, common-brewers.
June 9, 14, and July 3, at one, at the George Inn Liver-
pool. Attornies, Sir. Denison, Liverpool; and Megan. Tay-
lor and Roscoe King's Bench-walk, Temple. •
John Baylis and Tho Mas Thompson, of Piccadilly, ironmongers,
!Bay 2-5, 22, and July 3, at ten, at GuildhalL Attorney, Mr.
Bromley, Holborn-court, Gray's Inn.
John Daly, Woolwich, innkeeper, Slay 29, June 5, and July 3,
at twelve, at Guildhall, London. Attornies, Messrs. Fielder
and Bartley, Duke-street, Grosvenor-square.
Thomas Schofield, Kingston-upon-Thames maltater, May 25,
June 8, and July 3, at twelve, at Guildhall, London. Attor-
nits, Messrs. Parnther and Teener, London-street, Fen-
church-street.
Samuel Tolley, Kidlington, Oxford, corn-dealer, June 4,5, and
July 5, at eleven, at the 'Three Goats Inn, xford.. Attor-
nies, Messrs. Robinson and Hind, Cbarterhouse-square, Lon-
don ; and Mr. Crews, Dudley, Oxford.
Jane Skaw, lateof Stonehouse, Devon, pawnbroker, June 7,8,
and July 3, at eleven, at Weakley's Hotel, Plymouth Dock.
' Atternies, Messrs. Darke, Church, and Darke, Prince's-street,
Bedford-row, London; and Messrs. Bozon and 'Fink, Ply-
mouth lock.
William Spencer Ilorton, late of Rochdale, Lancashire, woollen-
manufacturer, June 17, 18, and July 3, at one, at the George
Inn, Dale-street, liverpool. Attornies Messrs. Clarke,
Richards, and Aledcalf, Chancery-lane, London; and Messrs.
Buhner and Lowndes, Liverpool.
Isaac Conley and Robert Corny, of the Fan India Chambers,
London, merchants, June 1,8, and July 3, at twelve, at
GuildhalL Attornies, Messrs. Keaney and Spurr, Bishops-
gate-street With iu.
George Waddington, of Blackburn, Lancashire, factor, June 10,
at live, eleven at ten, at the Old Bull Inn, Blackburn ; July 3,
at eleven, New Inn, Blackburn. Attornies, Mr. Rotheram,
Throgmorton-street, London ; and Mr. Walker, Preston.
Thema. Eddison, 'Romford, Essex, linen-draper, June 5, t 5,
and July 3, at eleven, at Guildhall, London. Attorney, Mr.
Evans. Hatton-garden. .
DIVIDES I/S to be made at GUILDHALL
June 5, R. Karpeles, Dover, dealer, at twelve. June 5, E. and
A. W. Batt, and J. Backshell, Witney, bankers, at eleven. May
92, J. Pratt, Kennington, surgeon, at eleven. June 15, J. P. de
}Laura and J. Hambrook, Angel-court, Throgmprton-street,
merchants, at eleven. June 5, S. Taylor, Oxendon-street, mer-
chant, at one. Jaye 5, G. Favence, Copttall-court, bill-broker,
at twelve. June o, T. lane, North Aedley-street, upholsterer,
at twelve. June 12, J. T. Betts, Honduras-street, distiller, at
twelve. June 8, G. Simpson, Upper Grosvenor-street, mariner,
at twelve. July 3, I'. H. Abbott, lime-street, merchant, at
ten. July 3, A. Bishop, Maidstone, distiller, at ten. July 31,
R. 11. Day, Tovil, seed-crusher, at twelve. June 15, J. Dibdin,
Camberwell, victualler, at twelve. May 22, J. W. Middlewood,
Whitechapel, perfumer, at one. June 15, W. Woolcombe, jun.
Rotherhithc, ship.builder, at eleven. June 5, J. H. Leans len-
church-street, insutance-broker, at ten. May 22, T. and J.
Dowley, Willob-street, Bankside, corn-merchants, at one.
Julie 8, G. 'l'histlewood, Muscovy-court, Tower-hill, flour-fac-
tor, at ten. May 22, T. Sissell, Jewin-street, tailor, af eleven.
May 8, J. Kirkman, Wellington Brewery, City-road, brewer,'
at twelve. June 1, W. Barnard, Lloyd's Coffee-house, under-
writer, at ten. June 22, C. Patten and J. P. Massey, Love-
lane, Aldermanbury, factors, at twelve. June 12, W. Iladdan.
Clement's-lane, Lombard-street, tea-dealer, at twelve. June 15
0. Beckett, Winchester, wine-merchant, at eleven. June 29.
H. Jarvis, Tottenham-court road, cabinet-maker, at eleven.
June 12, T. Colbeck and Co. Westhouse, Yorkshire, flax-spin-
ners, at one. June 12, M. 13. and S. Blundell, Holborn-bridge.
haberdashers, at cne. June 12, S. Parsons, Ilanover-street.
coach-plater, at twelve. June 12, J. Miles, High Holborn.
r.en-draper, at twelve. June 12, W. Price, Itlinories, grocer, a.
one. Jere 12. T. Jenkins, Judd-street, master-mariner, at 12
June 12, L 11. 11. G. foonstant, Welklose-square, sugar-refiner
at one. Julie 12, J. W. Atkinson, Morden, farmer, at twelve
June 12, W. Mudford, Shorne, and J. Easclown, Higher's, tins
ber-raerchints, at ten. June 12, G. Laing, City-road, merchant
at twelve. June 12, J. H. Knibbs, Ume-street, insurance
beaker, at eleven. June 8, 3. Kirkman, City-road, brewer, a
twelve. June it J. Taylor, sera. 01J-steeet, pasteboard-menu
facturer, at ten. lane 12, .L W. Sowerby. Fish-street-hill, Met
chant, at eleven. June 17, J. Iguana and,!. Burch, Jewry
fireet, molesters, at twelve. June 12,J. Pttottot and J. Besset
Steyning-lane, cloth-factors, at twelve. .

THE EViIILNIG STAR.

LONDON.
MONDAY, MAY ft, 1819.
TILE FUNIIII.

PRICE OF STOCKS THIS DAT AT ONE OtteCt
Bask Stock 221 222 220
3 per Cent. Deduced 66} 67 66H
3 per Cent. Consols 67ali
34 per Cent.7sl 74.1-4 per Cent. 84i 83if
5 per Cent. Navy 102 iii 1011
Bank Long Annuities 17} 17
India Stock 207 205
India Bonds 20 14 8 11 pre.
Exchequer Bills (2d.) 1 dis. par, 2 dis. par
Consols for Acct. 68

The alarm which seized the Stock Exchange•on
Saturday still continues to operate with disastrous
effect. The House was crowded this forenoon at an
early hour. As soon as business commenced, there
was a great rush, and all appeared to be sellers.
The first price named for•Consols was 67i ; but they
soon after fell to 671—making a total fall of 41 per
cent. since Monday last. Purchasers, even at these
prices, were obtained with difficulty, the general opi-
nion of the monied interest being that a-still greater
fall must be the consequence of the embarrassing
situation in which the financial concerns of the coun-
try have got involved. At twelve o'clock Consols
had recovered a little, and were done at 67; but
the market, at that price, was gloomy in the extreme.
For Bank Stock no price could at first be named,
but it was afterwards done at '220. Exchequer
Bills were even in a worse situation, having become
quite a drug. A report is current on 'Change, that,
in consequence of this depreciation, the Minister in-
tends making a fresh issue of Exchequer Bills at 31d.

The question of the Resumption of Cash Payments
by the Bank is now the general (we may almost say,
the exclusive) topic of conversation, among commer-
cial and monied men ; and, indeed, it is hardly pos-
sible to conceive of any subject possessing greater
interest, or on the right settling of which so much
depends. Our Public Credit, our Commerce, our
Manufactures, our Agriculture—our general pros-
perity, in every view, depends on it.
The ignorance of all the sound bases of political
economy displayed in the crude views and lucubraH
tions of numbers, who would pass for oracles on the
present occasion, is such as would excite only derision
were we not threatened with absolute ruin by any
rash step to which our present difficulties may give
rise. Some pretenders to knowledge in these pro-
found speculations are absolutely so void of all sound
understanding as to confound in one mass of confu-
sion every idea relating to intrinsic and extrinsic valve
—words on which they ring the changes till they
become absolutely unintelligible even to themselves.
We can form no notion whatever of intrinsic value :
it is an abstract term inapplicable to science or the
purposes of life. It has not even an existence, as ap-
plied to the question to be settled.
We know the value of commodities not by their
intrinsic qualities, but by their comparative values
when exchanged one against another. Then one
pound weight of any article (t) is exchanged against
any other article (B) we readily acquire a correct idea
of the relative value of the two, by the greater or less
quantity than a pound of B. which may be obtained
for the one pound of A.
Here quantity (either by weight or measure) is
shewntobe one of theslenrents necessary to the adjust-
ment of exchanges or barter. But quantity incindes
alsotik idea of some absolute material or commo-
dity. We may talk of a posnul ofbread or a pound of
silver, but we cannot speak about a pound of " No-
thing"—a pound weight of a nonentity.
As we cannot speak of a pound weight of a non-
entity, so neither can we speak of a pound weight, as
a pound weight, unless we assign to it some absolute
and invariable power of gravitation. That is, our
pound weight must at every time be equal to the
same quantity of any given commodity put into the
opposite scale—because our pound is employed
merely to measure or determine quantities. That is,
we cannot have au ideal paid weight ; a pound that
shall one day serve to balance sixteen quantities of
something else which we shall at present call ounces, and
on another day serve to balance nineteen of the same
ounces. Our pound weight is employed as the inva-
riable standard, and cannot, by any hocus pocus, or
jingle of words, be made to grow heavier or lighter:
and in like manner, a yard remains invariable as a
measure of length—it will not, to suit the specula-
tions of any stupid theorist, expand or contract its
length.
But the increased intercourse of civilization has
rendered it impossible to carry on exchanges by bar-
er. Mutual convenience having established weights
and measures, the same demand of convenience long
since rendered it indispensable that some single com-
modity should be fixed on, as one by which the re-
ative value of all others should be settled in sales
old purchases. This commodity was silver—and in
his country the quantity fixed cn as eur unite of this
:onsmedity was one pound—one pound ncight of
,iirer. The division of this into pieces celled money
followed as a matter of necessity, for the plvment of,
..rictionol parts of the pound weight.
By the adoption of thit, invariable stantiard of -

Wive value, the tranutticr: r,f 1;z:1
were greatly facilitated. If C. had
but stood in need of leather and c/
longer laid under the nece;sity
tanner D, and the weaver E. Ile
Vert his corn into silver, w'tli which

procure any quantity of the su:-
cloth of D. and E.

This invariable standard being once
was made on credit, an obligation i
taken from the buyer to pay on a cent
seller, a certain number of pounds wei
and hence the origin of Bills of E.-0
would the seller have stared in these
if, when the day of payment •:7•711,
told him that the pound promised to
mere ideal quantity. That he must rim
a pound weight now to be as henry a
when he sold his commodity ?

The pound, which was originally a p
of silver, came, b various cite=
lessened in weight. To trace the wh
the change would exceed our limits
the way in which it was effected, ma
few words. When silver became t'
value, its fineness became one of th(
ments in the circulation. Rogues beg,
with the fine silver: and then, when
pined he had received 12 ounces of si'
fact, received only 11, the other ounc
Hence the necessity of a fixed stand;
and hence also the nrcs_ity of a public
the fineness.—Hence minted money.

Of cour.e this was committed to
Supreme Magistrate, whose business
that the requisite fineness was given ti
the requisite weight to the different p"
the pound weight was coined. Out
stance, from the vice and dishonest
Kings, came the first departure frcm
weight ?f :doer They themselves, to
at the expense of their subjects, debase
creasing the quantity of copper, but
the number and weight of the pieces I
pound. It was still a pound, but no
If silver—one half of the weight being

From time to time it became necess
your to reform the evil. But one 11,
for example)—one half of the whole
cnlating medium having been swin
pockets of the people, in perhaps a
years, and absolutely spent by those
the theft, it became impossible for the
make up the deficiency. They ippl
medy they could. The pound 'stied
being half copper, they issued for• eaci
coin called in, sir ounces of the new
the old name, and calling these six ou
so that when a man bought oa cre,
written promise to pay one pound, his
reference to the money-pound, no%
ounces :—not an ideal pound, but a real
ounces of standard silver.

From what we have stated, our Rea
dily perceiie that by repetitions of ti
basement, and repetitions of the proo
restoring a circulation of Standard Si
tity of real silver in the pound, would,
time, come .to bear but a small proport
pound-weight of silver. But still a
silver continued to be, rot the less,
Measure of the relative value cf all other
ties ; though in process of time the
value twenty shillings, came by law to
sisty•two shillings, and latterly into si.
of these being still called a pound, thou
to less than one-third of the original wr"

But now comes an absurdity hardly
possible to have been introduced. Ou.
originated in, and always had reference
the relative value of gold, as of every
day, was measured by it. But the qu;
obtainable was found insufficient to
purposes of commerce, and some oth(
necessary. Gold was adopted : and
cessary that its fineness should be
brought under mint regulations. So
tional, a stamp of some kind was ii
But here came.the folly: instead of
stamp merely as a mark of fineness,
tempted to perform an impossibility—
law, the relative value of the gold coi
with silver. That is, for example, that
of gold, say a g,uinea, of a fixed weigh
be worth either more or less than 2'
iparts of a pound weight of silver : (an,
another piece, called a sovereign, sl
worth more or less than 20 of such pa

The result of such a system of al
acted upon, has been what any but fo,
foreseen. Whenever gold fell in price
with silver, the silver coin has bee
whenever it rose in its relative value,
has disappeared. It could rot be other
will be otherwise, while you coptintt,
the relative value of e•ese two metalt
surdity to imagine that laws to punisi
of the currer.t coin, or to campel men
jury, when they er,iort bullion, can
the opg the otter. Hence -the co+
tion of coin tit home.

Cut V. 12,vt. ;-rt a3reater absureir

can be conceived possible. Silver was the

. -
IJrd measure of value, not in Britain only, but

,gilout Europe—nay more, throughout the corn-
:J.ll world; and it still continues to be so every
'e but in Britain. I,Ve are indebted to the late
LIVERPOOL for the absurdity of changing our
standard from silver to gold (still maintaining
,w the relative value of the two metals). Now
traded onl', with ourselves; if we had rib inter-
'se with other nations, it could not possibly make
litfet enc.! whether we preferred the one or the
But as we must trade with other regions, by
trting from the common measure 2f value we have
ted unnecessarily to the intricacies of the foreign
Inges, and exposed ourselves more than ever to
:ravings of the cupidity of other nations, who
thus tempted to trade in British coin, particularly
as an article of merchandize, and thus, when-
the value of silver as compared with gold fa-
their views, to drain us of that which has
rte the legal standard.
-tore silver as the fixed standard or you will ever

;e yourselves to the continuance of this mischief.

,re the weight of your silver coin to 6(..! shillings
onnd weight—make silver the legal tender of

tent-:--mate. it the only invariable measure of the
• of all other tommodities—let gold still circus

but only at Sts relative value flor you cannot

!nt its value as compared with silver from chang-
-I—Do this and you will enable the Bank to re-
! Cash Payments without redneing the amount
rur circulating medium. `Without this, you must

tile to expose trade, commerce, and agriculture
;n—and the Government to danger; for all dan-
of a political nature have their origin in the srate,
tmstances, and condition of the people generAlly.
(oping that we have in some degree made this in-
:e question intelligible, we shall not for the pre-
enlarge upon it. We only remark, before con-
ing, that though the evils, and the source of
3, may easily be demonstrated, the remedy re-
•s great circumspection: but without clear views,
steady aim, no remedy can be applied.

Mail arrived last night from Flanders ; and to-
there are also Mails from Hamburgh and Hol-
The subjoined extracts comprehend whatever

is of interest or importance in the Papers
fight by these conveyances. The Exchange at
burgh on London was, on the 18th May, 33. 71.
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