Star.
London, England, 1819-05-14 00:00:00

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LOISIDON.

FRIDAY, MAY 14, 1819.
VIE FUNDS.

/RIC/ OP STDCICX TIME DAT AT ONII4O.CLCCK :
Bank Stock 237 2361 2571 257
3 per Tent. Reduced 71i 74 71
3 perCcnt. Consols ?ilia
51 -per Cent.7Bii ,Der Cent. 891,1
5 per Cent. Navy latif
Bank Long Annuities 14
Imperial 3 per Cent. Anus. 64
India Stock 218—India Bonds 5117 pre.
Exchequer Bills (2d.) 8 9 premium
Endorse.l 6 premium .
Consols for Acct. 711 fa

Mr. GRENIELL'S Motion for a Committee to con-
sider of the expediency of appropsiiting the Sinking
. Fund in part of any Loau to be raised in the present
year for the Public Service, came last night wader the
consideration of the House of Commons, and was, we
regret eia say, negatived by a considerable maloritT.,
. !The motion was.oppoied by the CIERNEIRILOR of
th* ExcuXQUIR ; and if the question had depeodedl
upon facts and argument, weak indeed would have
been his apposition. Nothing, he wai pleased to say,
could be more inexpedient than to interfere, by a
• specific Act of the Legislature,- with the
discie-
tiooary power vested by former Acts in the Com-
missioners, to 'subscribe, when they see proper, for
any part of a Loan wanted for the Public Service.—
But how does he prove this inexpediency ? Is it by
the fact, that though the Commissioners are invested
with this discretionary power, they have never once
thought fit to•exercise it? Is it by their own Re-
port, of which we wok particular nctice in our Paper
of Wednesday, in which they avow distinctly, that
had they, in 1817, exerted that discretion wisely,
they would have saved to the country upwards of
two millions of money? However plausible in
theory this discretionary power may be, it has
manifestly been of no use in practice. It has, in
fact, sunk into a perfoct nullity ; and it was pre-
cisely in order to give a practical ef‘ciency to
the prir.ciple of economy which it recognizes, in
order to prevent the country from losing as many,
. millions on the Loan of this year as it lost on the
Loan of 1815, as well as on the Loans of formeri
years, that Mr. GRES:ELL called for a Committee to
consider of the measures best.to be adopted for effect.i
ting that which the Commississioners, with the dis-,
cretionary power of doing, have never yet done, and
seem not inclined to do.
It must be allowed, however, that Mr. Vaustr-
TART acts quite consistently in maintaining the suffi-
ciency o£ this never exerted power, since we find-him
going on afterwards to contend that it would ac-
tually be of great disadvantage were the Commis-
• sooners to purchase any part of the Loan. The money,
hitells us, which is brought into •the market by the
Sinking Fund, operates most advantageously in keep-
ing up the price of the Funds, and thus enabling
Government when they want to borrow, to obtain
more real cash for the nominal stock created.—
But what does Mr. RICARDO, a gentleman whose au-
thority on this subject is much less questionable, say'
in 'answer to this sapient observation—" He was to-
tally at a loss to discover what advantage could re.
suit from the present system, when it was considered
that the Commissioners and the Sellers had the save
sum in the market at the sane time." It is wonderful,
indeed, how any man, or set of men, can be carried
allay by so palpable a delusion ; and truly painful to
think that any part of the resources of an impove-
rished•and distressed country should be sacrificed
to an arithmetical absurdity, in opposition to the
plainest dictates of expedience and common sense.
The ATTORNEY-GEN:RAL moved last night for
leave to bring in a Bill to reduce the offence for'
entering into the service of Foreign Belligerents with
whom we may be in a state of neutrality, from fe-
lony to misdemeanour, in the first instance, and only
to make the second offence a felony. The new Bill
is also to extend to persons entering the service of Co.
lonies assuming to themselves the character of inde-
pendent. States, and is evidently intended to operate'
against the efforts of the South Americans in their
struggle with the Ninther Country. The Gallery
was cleared for a,divisiun, but none took place, and
bore was given to hying in the Bill.

A Flanders Mail, bringing Journals and Letters to'
the 10th, arrived this morning.
Sand, the
.assassin cf KurzEauE, died at Manheim
on the 50th ultimo. The last word he uttered was
Germania! _ _

But the most prominent part of the contents, in a

political point of view, relates to the affairs of Sweden.
A 'We have lately had occasion to advert to paragraphs
• in various Contit..:ntal Journali, intimating, in gene.
rat terms, that the attention of the Northern Powers
was occupied with a negotiation of the greatest im-
portance. We slow learn that the object of this ne-
gociatioti is to induce C:IMILE6 JOIN to quit the
Throne of S.vedcr. An overtairc to this effect is said
• to have beza maj: t,.) Lire., on the part both of the

Emperor Atexantsart, and the King of PRUSSIA,
coupled with an assurance from the former, in the
event of his•co•
mpliance, of Vi being appointed, to a
Russian Government, Witb.a revenue of 6,000,000 of
rubles. It isfurther asserted, ihat,iuthe correspondence
on this subject, the King of Swains exhibited such a
degree of intemperance towards the Prussian Sove-
vereign, as to have excited the warm dispkasure of
the Emperor : who, it is added, had, at last, returned
to the Swedish Monarch several letters unopened.-
-In this stage of the business, thz mediation of the
French Government, is supposed to have been soli-
cited by the King of SWEDEN, and it is asserted, that
General HuLoT, (brother hf the widow of General
MOREAU,) has proceeded from Paris for Petersburgh
to intercede for him. Should it be resolved to oust
him by violent means, it is conjectured that the
difficulties which have arisen between Sweden and
Denmark, on the subject of the Norwegian debts,
will be used as the ostensible pretext of hostilities :
but, in fact, when the mighty are determined on any
contest, they are never at a loss for a pretext for
quarrel. Accounts from Frankfort of the Ist instant,
speaking of this subject, say For these two days
past the most extraordinary reports have been in cir-
culation in this city relatively to the present Govern-
ment of Sweden: political arrangements are spoken•
of as having been proposed, but which are stated to
have been peremptorily, rejected." The letters from
Sweden speak of a political agitation which appears
to exist in the Cabinet of Stockholm. The KING
frequently assembles the Council of State ; the Minis-
ter of Russia is invited less frequently than formerly
by the Minister of ,Foreign Affairs. The measures
taken for the defence of the kingdom are proceeding
With activity.
There is a plan for building an immense fortress in
the very heart of Sweden. All this seems to indicate
that the Government has some fears for the future.
On the other hand, the family of the dethroned King
is said to be soliciting the protection of a great Power
for the young Prince GUSTAVUS.

To people who allow themselves to think soberly,
the prospect which these circumstances prescnt must
appear portentous. if common gratitude, or even
common honesty, could be supposed to influence the
Councils of Sovereign's, we might suffer ourselves to
sit easy as to the result. BEIINADOZTE was not ele-.
vated w the throne of Sweden by the power of Bo-
NAPARTZ ; he was not acknowledged by other Poten-
tates, under the inflaence of fears excited by the over-
wfielming terrors of the sword of an upstart tyrant. He
was duly elected and called to the throne, in opposition
to the views of BoNAPARTE, and lent his aid to over-
throw the colossal power of the self-created Emperor
of France. What has been his erime? He was not
born the son of a LaorrahrAnc ; but, like the original
founders of the Empire of the Czars, of the Houses
of Brandenburgh and Hapsburgh, and others whom
we .might name, the .son of obscure parents.

lIRLTSSELS. MAY 11.

'SECOND CHAMBER OF THE ETAT

In the Sitting of the 6th, in the evening, the debates
on the project of law for laying a duty on coffee,
were closed, and the law finally agreed to by a ma-
jority of 53 to 33.

In the Sitting of the 7th, the law respecting the
organization of the Board of Councillors and Master-
General of the Mint, was passed with only one
dissenting voice.

M. Kemper's motion to extend to the countries
beyond the Meuse, the legislation on the rights of the
chace, which prevails in the other Southern Provinces
of the Kingdom, after a long debate, was rejected
by 61 votes to 15.
The Sitting of the 10th was chiefly occupied in
hearing petitions.