Star.
London, England, 1820-08-01 00:00:00

ration. To accelerate the measures necessary for the
establishment of a new order of things, his Royal
Highness has appointed a Commission for translat-
ing the Spanish Constitution, published in 1812, and
adopted by the King of Spain in March last. The
Members are Melchior Delfico and Julius Rocco.—
The journal of the Two Sicilia:, which has assumed
the title of Giornak Costituzionak_ gives the cern-
rnencentent of the translation. It will occupy seve-
ral Numbers.
" The Chevalier du Medici proposes to publish a
Report on his Administration, in which he will vin-
dicate the system followed by his ministry. The work
of the Chevalier de Medici is expected with impa-
tience proportioned to the very high reputation of that
statesman.
" There is little agreement among the men called
to form the new Administration. The Marquis Amati
'and Count Zurlo have already offered their resigna-
tions. The Members of the Provisional Junta appear
to have no fixed political system. There is in the
new order a mixture of aristberatit and democratic
interests, which cannot be well adjusted without the
intervention of a powerful central authority.
" We are still ignorant of the part which will be
taken by Sicily. Letters from Messina of the 4th an-
nounce a movement against the Government. It is
not known, however, what Constitution the Sicilians
require. Will it be the Spanish, or that which the
English gave them in 1810 or 1811, and which was
suppressed in 1817 by a Royal Decree ?"

THE EVENLNG STAR.

LONDON.

TUESDAY, AUGUST 1, 180.
THE FUNDS.
PRICY Of STOCKS TIIIS DAY AT Mit O'CLOCK:
3 per Cent. Reduced 691/, 687. •
per Cent. Cons. 683/a 'l2 'A
3i per Cent. 77% 3/13 4 per Cent. 8?% 11714
5 per Cent. Navy 103% 102% 103
Long Annuities 18 1-16—India Stock 218
India Bends 225. 235. pre.
South-Sea Stock 751,4
Exch. Bills, 3s. ss. 4s. pr.—Omnium 14 dis.
Cons. for Acct. 68% %

A general panic appears to have seized the Money
Market. Yesterday, Consols for Account left off at
68%, and in the course of the day were done at 68%.
This morning the fever for selling has increased, and
India Bonds, Exchequer Bills, and securities of every,
description, that can be converted into money, have
been thrown upon the market. All the respectable
Brokers are selling Stock, and the powers from the
country, for the same purpose; are beyond precedent:
We have endeavoured to trace the cause of this alarm,
but the rumours are so numerous, and many of them
so improbable, that it would be folly to repeat them.
At one o'clock the Consols had fallen to 683/4, some
large sales were made at that price, and from the
a:rex ance of the Market a further fall may be ex-
pected. Bets were made that a fall of t% o per Cent.
would take place this week.

Last night we received Frankfort and other Ger-
man Papers to the 23d ult. They contain various
details respecting the Spanish and Neapolitan Revo-
lutions, which had before reached us through other
channels. Respecting the latter, they seem to be of
opinion that the " happy change" was brought about
by the Tabours of the Carbonari. Their statement is
-very perspicuous. They say—" His Majesty had
assembled large bodies of troops for a review in the
neighbourhood of Naples, about six leagues from
the 'Capital, and at which the King in person was
present. The review being terminated, and the King
on the point of returning to Naples, after giving
orders for the separation of the troops, the Generals
and Officers commanding the Neapolitan Army, with
Lieut.. General Carracosa at their head, repaired in a
body to his Majesty, and frankly declared to him,
that the situation of the kingdom was such that things
could not possibly remain as they bad been ; that
ere,-rbody was discontented, and required a refiam
in the Government and the Administration, that all

classes of people called for a Constitutional King.—
Under these circumstances, they brought to the King
the Plan of a Constitution, already drawn up for
this purpose, and. which contained in it everything
the nation desired. The King replied, that he was
already apprised of the contents of the paper which
bad been just put into his hands; and that, as it was
really the expression of the wishes of his people, he
would willingly consent to accept it. Ili Majesty,
therefore, did not hesitate to sign the Constitution
vil.lch the General Officers presented to. him, as soon
as he had received the assurance that by so doing he
should give satisfaction to everybody." They then
add—" It is affirmed, that this affair had been long
since prepared, and that the C'arbonari are the cause
of,this happy change in the state of affairs at Naples."

We find in these Journals another statement, which,
whether well or ill-founded, serves to shew the opi-
nion generally entertained throughout Germany of
the state of the public mind in the South of Europe.
After speaking of the Neapolitan Revolution, a letter
from Frankfort adds—" A similar attempt to make
the Constitutional System triumph has been made at
.Turin, and people go as far as to affirm, that the
King of Sardinia and of the Two Sicilies will act in
concert on this occasion. A great military move-
snent is observed in Piedmont. The army of the King
of Sardinia consists of 50,000 good troops. Large
corps have gone into cantonments upon the frontiers
of the country, to insure success to this cause. But