Star.
London, England, 1826-01-23 00:00:00

'contemplated, Wl,eit this idea was suggested am late
Emperor. Indeed, other Powers have conceived much
too formidable an idea of this system. It has, besides,
produced eff cts equally important and melancholy
with respect to the dispositions of the pe"ple ; it has'ex-
cited greit discontent both among the nobility and the
peasants. T..e f .rmer suffered in their revenues, the
latter were disturbed in their econom,.. (The farmers
distil and sell brandy). In this we must seek the first
causes r f a discontent, for which t!.e late Empetor
him-
self was not in any respect to blame.

The following intelligence from Sonth America was
this morning posted at the North and S )uth American
Coffce-house

" NEW YORK, JAW. 2.

eg We learn by the arrival of the Eliza, Captain
Mamma, from Alvarado yesterday, that the news of
the surrender of St. Juan Ulloa, was received there on
the 19th ; and on the 24th great rejoicings rook place
throughout Mexico, which continued for three days,
agreeable to the President's Proclamation. All vas
bustle and confusion at Alvarado when the Eliza sailed,
in consequence of the great preparations that were
making by-the inhabitants, to rem rve to Vera Cruz.--
Furniture and merchandise of every description were
strewed along the beach, ready to be taken on board
coasters. Several merchants had alrea:iy rented hawses
at Vera Cruz, and were only waiting for perm issi.us
from Government to transport their goods in foreign
vessels free of duty ; the transportation, however, would
be delayed some time, as the houses in Vera Cruz were
in a very bad condition, and would require a deal of
repair. People were flocking into Vera Cruz from
every part of the country to secure hous:es."

New York Papers to the 3 Ist ult. have reached ts.„
They contain the Annual Tie isury Report, which is ex-
tremely long. The Public Revenue of the United
States in 1821, amounted (including a Loan of 5,0(0,000
dollars) to 21,381,212 dollars; making with the balance
in the Treasury, Ist January, 1824, 019.463.922 dollars,
an aggregate of 33,845,135 dollars. The Expenditure
amounted to 31,898,538 dollars ; leaving a balance
in the Treasury of 1,946,597 dollars.

The actual Receipts into the Treasury eluting the
three first Quarters of 182.5, were 21,681,44 dollars ;
and those of the 4th Quarter are estimated at 5,100,00 )
dollars; making with the above balance of 1,94.6,597
dollars, an aggregate of 28,723,041 dollars. The total
estimated Expenditure of the year is 22,4.43,979 dollars,
leaving a balance in the Treasury, Ist. January, 1826,
of 5,284,061 &liars.
The total amount of Funded Debt, due on the
lat Ott. 1825, was . . .. 'D.80,985,537
..

:The eidinated. Receipt for 1826, is . .
the estimated Expenditure . . .

25,500,00(Y
20,984,750

Leaning a Balance in the Treasury of . . D.4,915,:t70
The gross amount of Duties accruing upon imports aid tonnages
from the Ist of January to the 13th of September last, is estimated
at 25,54000 dollars. The gross amount expected to accrue for the
whole year is estimated at 31,000,000. Should this amount prove
to be correct, it will exceed. by 6,000,000 dollars, that which has
accrued during any one year since the excessive importations that
immediately followed the War ; ♦iz. those of 1815 and 1816.

Speaking of the late reJuction of duties it► Great
Britain, on commodities imported, the Sem tary says,
" The most important articles of this list ate already so
thoroughly established in the manufactories of Be itain,
as to be beyond the reach of competition from ahroao.
Hence the privilege of introducing them there, and
especially to any large extent, meaning fur consump-
tion in Britain (without here alluding to her ware-
lhousing system) must prove in the end to be nominal
'rather than real. Among the list are seen fabrics
of woollen, of cotton, of linen, of hardware, and
the new scale of duties is to have added to them, in
every case, the amount of any internal excise duty
previously existing, or which may at any time after-
wards be imposed, upon the same articles when manu-
factured in England. The forecast of tliat country, in
all that relstes to the interest of her manufactures,
justifies the belief, that she will not fail to conciliate
the continued protection of them, nbatever other
abrogations she may engraft upon her commercial code,
either in relation to the other nati'►ns of the world, or
to her own dependencies, in whatever part of it."
The Sec►etary then goes on to argue in favour of
the policy of encouraging and sustaining the American
Manufacturing Interest, and closes with .a recommen-
dation to increase the duties on imported fine cottons,
and to decrease them on teas, coffee, and cocoa. One
motive foe lessening the duty on teas, is to encourage
the China trade.

The French Papers received this morning, contain a
letter from Madrid, of the 11th Jattbary, stating, that it
was again expected a change in the Ministry would take
place—that the Duke LINFANTADO and BALLAsrEans
would return their fertefeeille ; but it was impossible
to foresee what effect the continual change of Mi-
nistry would have on the Public. It was not a change
of Ministry they wanted, but credit. One of the French
Evening Papers itates, that a report prevailed at Frank-
fort, on the 15th, that the Empress ELIZABITH Was
dead at Taganrog.

Mr. Secretary CANNING arrived at his residence in
Downing-street yesterday afternoon, from Cumbe wood, where
the Right lion. Gentleman had been staying on a visit to the Earl
of Lsvmsrom.. •
Mr. Secretary Past arrive i in town on Saturday
from the seat of Earl VasuLaz, at Verulam, near St. Alban's.
The CHANCELLOR of the EXCHEQUER, after trans-
acting business at the Tetasury on Saturday, kft town in the after.
noon, fur Beckenham.
The Marquis and Matchinness of HASTINGS and
family, will leave England in a few drys.
Dispatches were received yesterday at the Foreign
office, from Paris.
His Glace the Archbishop o! l'u.sm has been for
lame time seriously indisposed.