Star.
London, England, 1826-08-10 00:00:00

THE

.

•

'G STAR.

LONDON.° ,

THURSDAY, AUGUST 10, 1826.

- STOCK EXCHANGE, TWELVE. O'CLOCK.

The many reports which prevailed yesterday have entkelf vs.
alshed. The (;enrol market remains bean, sad opened at Vi g,
muck the same price k left at at yesterday ; singe which CaPosok
have been done at 711 i for money, and 71111 for the &coast. The
business doing has net been to any =teat)
In the Foreign Market South American &unities are heavy,
and have Men.

Current prices: Old Spanish 101 t, Mexican Sle. Colombian
15e N. Russian SO 114, Greek 191 13nodian abates 11 IS pm.
PRICE Of STOCKS AT TWO O'CLOCK.
Bank Stock 202% 202%
S per Cent. Red. 791 h VS
3 per Cent. Coniols 78% % %4
Si per Cent. Red. 863 %
New 4. ter Cent. 94% %
4 per (nt. 1826. 95%
Long Ann. 19 3 16 A
India Bonds 29 30
New South Sea Stock 8.5 n
Old Annuities 79
New Annuities 78%
11,0.10 Eicher!. Bills 19 17 18
£5OO ditto 19 17 18
CIO.) and E2OO ditto 19 17 18
Cons. for Account 78% 31 Sts Lys 1,4
FORRION FUNDS. TWO O'CLOCK.
Austrian Bds 5 p Ct Mex. Acct. 511 11 t 1} } 501
Colombian Bonds, 311 Slt 50 Si
Ditto Acct. 311 Perim. IMs. Sp C. 244 6
Do. Bonds. 1884,34 j b Russ. Eds. 1822, Sp C. 831
Do. Aec.34 3} 3 Ditto Acct. 831
Danish Donds.s pet. 57t Span. Bonds 5 p Ct. 10} 11 10/
Ditto Acct. 571 } Span./ p. C. 1823.61 71 7
Greek 800d5,11125.5p C. Er. Reines. 5 p C.loof 75c
Ditto for Acc. 113 Exchange, 15100 e
Mex &Is 1825,6 p. Ct. St 11 } I French 'lento. S p C. 66f 50e
501 51 Exchange, 251 60e
gitlTlSll AND FOREIGN SHARES, TWO O'CLOCK.

MA ILL rata
Anglo Mexican Spas. 100' 60 15
Brazilian 100 15 38 34 35
Castello & Espirito Santo 100 5 4i S
General Mining Asso. 100 $ 51
United Mexican 40 ni sse
Australian too 6 II 10 91
FRENCH FUNDS, Pmts. Amon 7.
Free per Cents. . . . 100 L 50e.
Three per Cents. • . . SOL 15c.
Bank Stock . . 10101.
Brutes de Naples' . . . 72f. 7k.
Reines d'Espagne . . . Bto 10%
Royal Spanish Loan . . 45)L
Haytian Loan •
.. . 6701.

There are many people in this world in much the
same frame of mind as the renowned Knight of La
Mancha—rational, intelligent, and acute, on most
topics of conversation, but on some one particular point
utterly incapable of reasoning at all.
Thus it is with our well-informed cotemporary who
writes in The Times. Touch but the key-note of the
unlucky Dead Weight affair, and presently all sober

reflection and fair discussion forsakes him. He cannot
even state the facts of the case in such a manner as to
'convey a faithful representation of the matter at issue.
Several months ago, we thought it our duty to touch
on this question at considerable length, and having
then put our Readers in complete possession of its his-
tory, origin, and progress, we are now only induced to
revive their recollection of so Much of the subject as
may be necessary to correct the misrepresentations con-
tained in a singular article which appeared in The
Times of yesterday.
As if the financial and commercial affairs of th,e
country were not already sufficiently depressed in
reality, our cotemporary thinks it expedient to increase
the gloom by dark visions in distant perspective, con-
jured up from his own imagination. Hence he asserts
that the pensions existing in 1822 are, after a lapse of
four year., increased, instead of lessened in amount.
—" Instead of mortality being permitted to act on the
annuitants in the regular way, extraordinary practices
must have been employed to swell the amount. Sales
of half-pay by old lives have been authorised and en-
couraged, and young lives substituted for there—num-
bers of Officers have been thrown upon half-pay to
render the army more cfficient—Cis this a misfortune?,—
large additions have been made to the civil annuities,'
as may be seen by the TAbles, and the result is that
melancholy one which we now behold—that the dead
weight, at the end of the year 1825. exceeded its amount
as promised by the CHANCELLOR of the EXCHEQUER, to
no less an ext. nt than full half a million per annum."
Finally, " In the beginning of 1828, the Bank of England
ceases to lend us any m ire money on account of dead
weight,' and there will then be, at a single junip, a rise
in the Budget of Expenditure from 2,800,0001. to consi-
derably more than five millions."
This is really very alarming ; but in our minds the
most appalling of any view of the subject that can be
taken, originates in the consideration that Ministers
have, by some means or other, so managed, as that
" mortality is not permitted to act on the annuitants in
the regular *ay." In 1822 it was ascertained that there
were on the list of annuitants considerably more than
100,000 veterans, out-pensioners of Chelsea and Green-
wich Hospitals— of whom, it appeared by Par-
liamentary documents, that, at least 75,090 had come
on the list between that date and the peace of 1815,
by disbanding the Army and paying off the Fleet.—
I Most certainly there was more than thirty thou-
, sand Naval and Military Officers on half pay
from the same cause, besides many scores of hun-
dreds of old Clerks, superannuated Civilians, and
broken-winded Excisemen. Why, then, in the course
of the last four years, has not mortality been permitted
to act on that vast body of people in the regular way ?
We say this is a very fit case for Parliamentary inquiry,
and if Ministers shall be proved to have bees galley of
arresting the ordinary and regular course of. mortality,
let them be impeached.
We must, however, in the meantime, set at rest the
fears of our intelligent cotemporary on some points, by

* more aceorobetraetement of one or to o facts, in which h,
appears to bernisirtsi; Ist, When the CHANceLLoft of the
&Meta/1k is leak gave in the estimate quoted in The
Times, which assertid that of the five raillioni which
then constituted the magnitude of the aggregate exist-
ing pension,tbere would remain in 1825 only 4467.5591.
the rest becoming extinct by the deaths of the then
actual annuitants, his estimate, as appears on the face of
it, must have been founded on the failure of the lives of
those very persons, and it had no reference to pensions
not then in being, but which, in (he course of succeed-
ing years may have since grown up.
These last are not the same pensions, but they are
annuities belonging to quite another set of people, and
they could not be a matter of calculation in 1822, be-
cause they had no existence in 1822. The Dead Weight'
Annuity of 2,80810001. continuing for forty-five years
was not created r's an equivalent for them, but exclu-
sively for the oh/ debt of five millions a year, which ex-
isted in 1822 -in the form of Life Annuities. The
new pensionsAvere to be provided for, from time to
time, as they should arise, by other Funds. By what
means those new Life Annuities are to be prevented
from increasing, while Acts of Parliament exist for
granting pensions, half pay ;Ind civil superannuation,
will perhaps be pointed out by our learned cotempo-
rary. • Me soldiers, sailors, officers, and clerks, who,
since 1822, hare•bscome incapable of serving the State,
to be now turned adrift to beg, pr are they to be pro-
vided with means of subsistence in the same manner as
persons in the like situations who retired from service
before 1822?
21 It is true that the advances of the Bank of Eng-
land cease in 1828, but not therefore true, that " there
will then be at a single jump a rise in the Budget of
expenditure from 2,800,000/. to considerably more than
five millions." Of this Lsng Annuity of 2,800.0001.
Government have, as yet, only parted with 578,0001.
and consequently posterity is only buidened to this last
extent, as an equivalent for the thirteen millions ad-
winced, and yet to be paid by the Bank.
There rem sins 2,222,0001. of the Long Annuity still
unsold, and with which posterity need not be burthened
at all, but which may at once be cancelled, if Parlia-
ment is inclined, in 1828, to furnish money every year
to pay such part of the original Life Annuity of five
millions as may remain unexpired in 1828, and after-
wards by the prolonged existence of the old annuitants of
1822. But if Parliament is not inclined to do this, then
Government have only to sell in the open market a further
parcel of the Long Annuity still at their disposal, which
will very speedily produce the sum that may be wanted,
just as they have already sold the former parcel to the
Bank ; and in this case there will be no increase of the
Budget by the cessation of the Bank payments.—'
The matter, therefore, in two words, comes to this-1
burthen yourselves and posterity with the Long Annuity
for forty-five years, anethere will be no increase of
the Budget on account of pensions existing prior to
1822 ; or increase your Budget, and pay those remain-
ing pensions from year to year until they gradually
expire, and then you yourselves will bear the burthen,
and posterity will be no further incumbered.

The only article worth extracting from the German
Papers received this morning is the following

BERLIN. JVLT ft.

The fair at Frankfort (on the Oder, probably), accord.
ing to the accounts that we have received. has turned
out better, in every respect, than was at first expected.
The small stock of Prussian woollens and calicoes was
so cleared off that several manufacturers were induced
to send home for fresh supplies. The prices were, in-
deed, low, and some manufacturers were even obliged
to sell at a loss; yet, under present circumstances, the
sale of a considerable quantity of goods was a real
blessing, because the manufacturers are enabled by this, I
and the decline in the price of the raw materials, to set
their men to work again. A great part of the ad-
vantage has, it is true, fallen to the English, whose
manufactures were in good demand.
We have received the Parts Papers of Monday. and
their contents, not without some interest, are in part
given in another place. The denunciation of the Jesuits
by Count MONTLOSIER seems to occupy more of the
attention of the French Court at this moment than the
affairs of Portugal, or even those of Spain. It appears,
from private intelligence, that the sensation• excited in
the public mind by this spirited attack on this justly
unpopular Order is on the increase; and that the Court
is greatly annoyed by the general feeling that has been
manifested on the subject. There is nothing new from
Greece, and no information respecting Lord Coen-
/tams: movements, in these Papers. Since his Lord-
ship touched at Messina, no accounts have been received
of him, either directly or indirectly.
Extract of a letter from the Agent to Lloyd's at
Corunna, dated on the 19th July Two Colombian
privateers, a brig, and a schooner, which cruise from
Cape Finisterre to Cape Ortegal, make daily captures,
and we have here the crews of several Spanish vessels
robbed by them. A Sardinian schooner, which sailed
last week for Gibraltar, was met in the waters of Ca-
marinas by the Colombian schooner, and without re-
specting her Big, searched her all over, robbed the
property of a Spanish passenger, whom they stripped
of everything, and took 3.000 dollars from the Master.
An English schooner and a French brig last Monday
were obliged to submit to their being despotically
and forcibly searched and visited. Near Vigo and
Ravadeo many vessels have been also visited and
stripped of their cargoes."

The letters from Manchester, dated late on Tuesday
eight, are favourable; they awe that the country dealers had come
fa to the market. and a pod deal of business was done.

Despatches were received at the Foreign Office yes-
terday from the Right Honourable Sir WILLIAX VCOVIVI, oLr
Mildew at Lisboa. to Mr. Secretary Carrico.

C LAsGOvt, Apinist.s.
We ire sorry to learn that something like the old coinklea;.lon
system appeared in the night betwixt Saturday arie Sunday
when a shameful attatk was made on the preen/snot Mr. kliFbail.
cotton spinnet, Oterbead; No person was hurt, and it is probable
that intimidation was Intended mote than Injury.
We have seen a letter from a highly respectable silk howl in
London to a silk merchart in this dty, who had written tokLoadon
foe Ftenek silks, in which the rimer states, " diM derY bop eke
goods sent will meet with approbation ; they are our Ottras make,
and the only difference between them and French is tilt Min ate
from 12a to per cent. cheaper. We have had slier Freidarroe
de Naples, and still have a few colours unsold, but they are so much
dearer than British manufactured geod that we shall buy as wee 1.4
ROBBERY AT THE DUKE OF YORK'S.

ridaiteg Bi rtzta mhpttookn,ett wiser!
ibbere
tu i
Between the hours of one and two o'clock yesterday
thmeorDuk
morning, Mr.
0 York is
Greenw°°d's villa,
at
present
and a small quantity of plate was stolen. Hi:lb.:lel
Highness was sleeping on the ground floor, within a
very few yards from where the chest containing the
plate stood. It is supposed that the thieves heard same
slight noise in the Royal Duke's chamber, asettti .took
the precaution to turn the key, which harp ' the
on the outside of the door, and made a ptisome ilf the
Royal Guest ; and to render confinement the' am,
secure, they placed a heavy chair against the &Nit:ln-
formation of this robbery was sent off b 7 etptdes`tti Mr.
Townshend, the chief Officer of Bow•street, wbo having
communicated the same to Sir Richard'ilirniei pro-
ceeded, accompanied by that Magistrate Ind'lttr,, &if-
ford, to the scene of the robbery, svhniq ittalitillffs4o-
vered that one of the windows at the Wltliiiiitieir•-
mises, which opened level with the groat' hial'Wen
burst open, and one of the hinges brokei'Oit - Ori the
path leading to this window the unpressim of aAse'rsop's
toes are very distinct. It is conjectured that the libbers
must have been disturbed in theh operatiOns, as a num-
ber of the implements used by burglars were fottisd on
the lawn, where it is supposed that they broke open the •
plate chest, and made off with its contents.
His Royal Highness appears to have been extremely unfortunate
at his residence at Brompten. During the violent thunder storm
on Thursday night, the rain forced an entrance into his sleeping
apartment, and obliged the Royal Duke to abandon his bed.
WINDSOR, AUGUST 9.—His AJILSTY and Suite have
visited Virginia Water both yesterday and Monday afternoon, pm.
eeeding from the Royal- Lodge through Chapel Wood and the ad-
jacent plantations, and returning by the Obelisk and Cumberland
Lodge. Monday the heat was so excessive as to confine the Royal
Party during the afternoon to the weli.shaded drives that eurrousd
the Lake; but on Tuesday kis lissom partook of the diversion
of anglifor a considerable times
Sir HENRYH HAMMED, after attending the consulta-
tion of the Duke of Yoac's Physicians, on Teesday, left town
on a visit to the Kato, at his Royal Lodge, Windsor Park. Sir
Hexer left the Royal Lodge about ten o'clock yesterday morning.
on his return to town, and, together with Mr. P. hlliazooa,
visited the Doke of You shortly before one o'clock ; soon alter
which his Royal Highness rode out in his cabriolet to Kensington
and its neighbourhood, for upwards of an boor.
BRIGHTON Aug. B.—The Right Hon. Mr. Secretary
Camino and Lady returned to the house of the late Mrs. ,Lase,
in Pavilion Parade, last night. Mrs. Cameo mewed her visit! is
the German Spa this morning, and drank of the mineral waters.—
Several Messengers, for Mr. Crimes, arrived this morniag, all of
whom, one ezcepted, have since returned to town.
Yesterday a Court of Directors was held at the East
India House, when the undermentioned Ships were thus tinted, via.
the Coldstream, and Cambrian, for Bengal direct; to be afloat on
the 10th inst. and sail from Gravesend at the expiration at thirty
days from that date.
We are happy to learn that the Countess of ELMS
was better yesterday.
The Duke of NORTOLK with his accustomed con-
siders** for his native place, bee given 10kt for Ow Mkt of the
distressed poor of Sheffield.
The Duchess of GLOUCtrellt left her teat at Bogdan
Park en Malay morning. en a visit to her Royal Sister, the Prin-
cess Atmore, et her residence at Frogmen, for some mss.
Miss COATES succeeds the late Miss Due RS Lady in
Waking to the Princess Swam Mam.nn.
Portsmouth Regatta took place Tuesday and Wed-
-1 nesday. The wherries Snow-drop. Jane, Packet, and Alert, con.
1 tended skilfully for the first. second, and third prism.-but the
climax of interest was exerted in an excellently etelleontested nee
between tier dial and pilot boats, Marquis of Angleton,' et Ports-
mouth, and the Jane, of Cowes; vessels of about ID aisseemb;
fear time, did they go round the course and old time they passed
the starting vessel nearly spbreut ; and the palm at lest was babe
sway by the Marquis of Anglesea, winning by about four lenitki.
REPRESINTATION Of SURRRTo—The fetUfll ot-Mr.
PALAXIS was celebrated by the Freeholders in Chantey and its
neighbourhood, es Monday, the Slst ult. The cornpaaystioieleft
the dinner table, and the merry national montry.danee was almost
immediately set es toot at the furthest end of the meadow. Several
dances were led elf by Mrs. Faunas and Mrs. Barnum, in whisk
nearly all present joined. • mere joyous scene It would have been
impossible to witness; and the festivkies were kept up to a km hour.
Yesterday, his Excellency Count Lunar.; Envoy
Extraordinary and Minister Plenipotentiary a his Majesty the
King of Naples to his Britannic Majesty, jointly with Mr. N. N.
Rornsonto, and accompanied by Mr. Camas Gann, Notary
Public Cancelled and Deposited in the Bank of Ragland the
amount of 213,400 in Special Beads of the Neapolitan Loam,
being the Second Half of the Sum Seed for the Kampala' Is
1 lato, viz.—One per Cent. per Annum on the amount ashy Lem,
and also the seeing of the Interest on the £115,100 deposited to the
Ilse of Feb last inehuive.
Gal NMr. made a successful ascent in his balloon
at Louth Friday. Four boys, immediately after the
balloorvieft the earth, agreed to follow on foot in the
directi•o it took; but from exessive fatigue the party
was at length reduced to one, a lad, only :sateen years
old, named Keightly, who, after traversing nearly thirty
miles in various directions, wills the balloon constantly
in view, succeeded in arriving at the place of descent
just after it reached the earth 1
The Society for establishing steam boats between
Russia and Prussia seems not to meet with much en-
couragement at Berlin, probably because the Society
formed eight years ago for establishing such a coma's-
nication with Ilamburgh was obliged to dissolve itself
within a year, with considerable loss.
M. Hustineuz, a Catholic priest at Teckheian, having
been condemned for swindling by the Tribunal arMaes-
tricht to five years' imprisonment, a fine of 3,000 francs,
and a less of civil rights, appealed from this sentence,
under die pretext of curing sick. persons, who he pre-
tended were bewitched. Hustincx exorcised them; for
which he took a considerable remuneration. The
counsel of M. Hustincx pleaded that his client had from
his childhood been imbued with notions of witchcraft,
and that in the Ritual the formula m be used in exor-
cising were still retained. He concluded by saying that
his client, far from seeking for dupes, bad yielded only
to urgent solicitations in visiting a woman said to be
possessed. Notwithstanding the arguments of the
counsel, the sentence pronounced against M. Hustincs
has just been confirmed by the Superior Court at Lie
e.
M. Hustincz has been already twice confined for similar
acts, and suspended from his ecclesiastical functions.
The father of the celebrated Rembrandt was a miller,
and the young artist's first performances were executed
in the mill, in which the light being admitted only from
above imparted to his pencil that peculiar depth ofligbt
And shade frusta which he never afterwards deviated.
Great improvements are carrying into effect at Bernd:
.he streets are being paved, and the city is to be lighted
ovith gas.

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