Star.
London, England, 1817-01-16 00:00:00

TtIE FUNDS.

This morning Consols opened at Gle for the account,
for money, 621—Reduced, money, b3i. It is ru-
moured that Government have made a fresh issue of
Exchequer Dills to a large amount, and other Itravy
accounts to to settled to-morrow, it is supposed, will
cause a great depression. Speculation is on the tip-
the sespecting the new French Osmium; which it is
fully, expected will be brought into the Market early
next week.

The French 1."1* is the subject of general conver-
sation. The terms are. that for each 100 francs 70
are to be received in the 5 per Cents. and 30 in
Bonds reimbursable in cash at determined periods,
with some other minor conditions finaardie 10- the
Contractors. The subscribers will thus obtain *e
French 5 per Cent, Stock at about the• rate of 52,
whereby they will apparently get an interest on their
capital of 9i per Cent. per annum.—The transac.,
tion, however, is a double one, for the Contractors
have further engaged to supply the Allied Troops
remaining in France, as well as the French Army,
with stores, the terms of which it is supposed will
yield a profit of 25 per Cent. according to die pre-
sent prices of articles. This consequently will go
into the pockets of the leading persons who are the
Contractors in the affair, and will eventually more
than cover any loss that might accrue on the fluctua-
tion in the prices of the French stock they receive in
payment of the Loan. They will instantly bring
their Omiuxm to market, where, if they can get dupes
to buy, dies will pocket the premium, and reserve to
themselves the hem of supplying the goods, leaving
to the subscribers also the risk of the whole capital,
if the next race of French Ministers should not choose
to fulfil the bargain, and England should be wise
enough to disapprove of it.
The different siews which our contemporaries
take of this transaction. would furnish atnusemtnt,
did' it not involve consequences of the utmost impor-
tance to our welfare as a nation. Some airntend,
that because our. own Government have not given
their guarantee, the transaction is, one of a. nature am
requiring either examination or comment. -Sane,
that the parting with so much money is a proof of
our national wealth and prospaity, end, that in
fact, we MC to be greatly benefited by the receipt of
the interest, furnished by taxes levied.upon France !
Some, that we ought to rejoice at the transaction, in
as much as it furnishes a proof of confidence io the
stability of the present cyder of things in France ;
awl some, that the profits which our manufactu-
rers are to derive from the payment of part of the
loan in cloth, shoes, corn, and other commodities,
will more than compensate for any evil arising from
the withdrawing of so much capital from our money
market.
• As matters stand, we do not think that Ministers,
had they been inclined, could have prevented any of
the worshippers of. Mammon from exercising their
devotions in whatever quarter they might believe
likely to render him most propitious to their wishes;
and therefore vie think our own Govonotest should
be excluded from the animadversions. Have any of
the Ministers, as private-individuals, approved of the
transaction If.they hive, we know them not is that

rapacity.—As to every other part of the question, it
is a pltin and simple one.
The having money to part withis no evidence that
the sending it to another country can be beneficial to
this. To reason thus is to confound cause and effect.
When capitalists are puzzled to find means by which
they may obtain a profit on the use of their money,
it whets ingenuity, and they szek for means to employ
it. New manufactures, an extension of old ones, new
markers are hunted fur, anti by the power of money
they are cleated. If this be effected et h',tne the whole
community become benefiters ; but, if abroad, other
people receive all the advantages. Na is the
effect of this so well understood as it ought to
be, or capitalists, it they had in their composition
e sic le grain of love of country, would be slow
to send property to a (~reign State. A guinea
withdrawn from England to be employed in France,
is not merely the loss of a guinea and all
its productive powers by the former and the gain
of a single guinea by the latter but makes a dif
:time of two to one against Eagland, in the fount
contest for pre-eminence as inanufactuiing and Ha-
ding communities. Th.: effect is precisely the same
in this as in a different kind of rivalship.-11, in time
of war two Fielich ships meet two English, and one
is captured, the conquerors by obtaining their prize
have got but one ship, and the vanquished has lost
but one; but how stands the case atter this? The
conquerors' force is now three ships and the van-
quished has but one !—Can the latter now contend
with the former with any chance of success
Such is precisely the fact with respect to all capital
withdrawn from one country to be employed in ano-
ther. In a contest in arms, the man who would fur-
nish the enemies of hi► country with troops, &c. would
be hanged as a traitor; but in a contest tor subsistence
for the respective subjects of different States, they
may, at risk of leaving their own fellow.ratizeiis
without employment and without bread, not only
send their capital abroad, but find eulogists in the
diumll press to avplaud their conduct I Miserable
infatuation !

Of all the arguments to sooth irritated public
feeling, that which would draw consolation Unto the
profits to be derived from that part of the luau which
is to be paid ni goods, is the roost plausible a but, as
bas been sbewn by a respectable contensponay, (The
Times of this mailing) it is perfectly fallacious. The
supply of large contracts will ever rest directly, or
indirectly, with those who can furnish the articles on
the must reasonable terms ; and that in spite of all
the laws that men devise.

In every view we consider this Loan, so far as it
is filled up w.cii British Capital, as most detrimental
to the interests of this Country. In its mural effects,
even. the evil which it will produce is incalculable:
is will levy as many advocates and supporters of this
antipatriot policy as there will be lendeis.

Our Readers have been informed that letters from
Madrid have stated the invasion of the Montevidian
territory by tae Portuguese to have taken place, in
consequence of a Treaty between the two Crowns.
The Spanish Authorities in London utterly deny
this. in cases like the present, the mere assertions
of diplomatists on either side are of no authority. It
is quite common for such men to have recourse to
artifices which all honourable men reprobate ; but,
on the present occasion, probabilities-are in favour of
the truth of the assertion of the Spanish Agents.
In the mean time the Court of Spain is making
another effort to send a powerful army to the
Western Hemisphere.—lf they make haste, they may
arrive in time %1 find wog k for the Portuguese in-
vaders. The Moniteur of Monday last says :
66 Eight thousand chosen troops, cantoned at Se-
ville, are immediately to march to Santa Maria, under
the orders of Central O'llumert. Count Arosnat..
This Expedition is eventually destioed against the
Insurgents of Buenos Ayres, who already deleted
themselves with difficulty against the royal army of
Peru ; and, divided among themselves, cannot tail
to be soon entirely reduced.

Tie State cream.coloured hones are rodeont daily
for exercise, previous to the PUINCI RIWENT going
in Slate to open the Session of Parliament.
Yesterday the Earl of Livansoot, came to town,
kind gave the first Cabinet Dinner for the se4ann,
which were present ad the Cabinet-Ministers, except
Mr. BATIIt

The Doke of WELLINaros rides about Paris,
attended even by a groom.
The Duke and Duchess of GLOCCILSTF.R arrived in
town from Bag►hot Park on 'l'ue►day. Yesterday his
Grace completed his 41st year, on which occasion
he received the congratulations of the Royal Family
and Nubility, and in the evening the Household and
Tradesmen celebrated the day by a sumptuous din-
ner at Watts's, St. James's-street, where the joy of
the day was kept up until a late hour. Messrs.
Lorra, BIILLAMT. TAYLOR, Goss, &c. assisted. '1 he
'Tradesmen of his Royal Highness had their hou.vs
illuminated.

.....
The Grand Duke NICHOLAS was late in attendance
at the performance at Drury-lane Theatre on Tues.
day eskumg, owing to his visiting the Duchess of
Curanaat.atin. His Imperial Highness remained with
her Royal Highness from seven o'clock till eight.
He was attended at the Theatre by Sir WlLLima
CentWISVY, in addition to his Russian suite.
Yesterday morning the Grand Duke left St. Al.
bao's:Housc at half past ten o'clock, followed by his
suits. or Brighton, on a visit to the PRINCF. RSGENT,
wholives a grand Ball this evening to his Imperial
Highness.
• Toesday the Duke of.Cusraanu,ND hoonored the
flea meeting of the Catch Cltdr`with-his prenmGc.

PP

PARIS PAPERS.

We have this morning received the P.tris.
of the 12th and 13th. They are extremely b.
and preserve :in uniform silence on the subject
Loan, wllich is so much a topic of speculati,
this side of the Channel. 'file only notices
Nuance we subjoin :

CIIAMPE! OF PIERS.
51TT1NG toF THE I ITII JANUARY.
The Preen. Veiled of the Siang of ti,e
read and adopted.
The Minist,r of the Interior, acc,,lnoanitA
B.nquet and Cuvier, pres::,:ted to the Chambvi
Law upon Eiectioto, with the rat:nJments m.
he Chandnr of D.:puties, and upon which the
has &:ayecl to tkternotte uotil .:'ter the known
of t!... t,vo Charti!ers.

o.2et i the aiy rar the Repeat
Special Commistion charged with the exAnaaat
the l'iojcc: relative to the absent military.
The Report WJS read to the Oland)Lr by Mn
Nl,Donald.

The Chamber ordered it to be printed, and r,
theless passed to the deliberation of the Project,'
ices adapted plovisionally without amenJment.

It w•►s afterwAds definitively adopted by
majority.

The Report upon the Project of MiListe::4l
sponsibility was put oil.
The Chamber s..parAted at three o'clo:k.
CHAMBER 01 1 la.
NITTINt: LI: 111 E Ran OF JANUARY.

The Chamber assenibltd in then separate Lai
The Deputies proceeded to dire nomination of
Commission charged with the examination of
Pr, ject of Law upon Divoice.

SVITING 01 TUE I lin ov JANUARY.
The Deputies Assembled in A Secret Commit(
hear the proposition made by M. Keith
This proposition war conceived in the follow'
terms :••4f Foreigners will not be Able to exert;
right of revindic•.tiot in c4-.e of bAulteuptcy,
is Authorized in me Code of Commerce) utitest
same right ►s accorded to French met chAnts resid
in their count' y."

PARIS, JANUARY ,3.

Yesterday his l'sl;,je,ty received the Royal
demic Society of Sciences, and the Met bers
Bureau of Agriculture.
The Ministers, a great number of Peers,
hers of the Chamber of Deputies, and Genera:
Officers, were also admitted to pay their court
Majesty. His Majesty enjoys his usual state of he.
The King transacted business with the Dal
Richelieu the day before yesterday.
It appears that the Kingdom of Naples has
effectually evacuated by the Austrian troops.
The King has granted to the widow of the
Del,lle a pension firf 2,400 francs.
King Christopher, of Hayti, was formerly the
of a widow woman at St. Thomas's, where she
alive. He lately sent her a letter, in which hi
treated her to come and live near him, in order
he might be able to chew his gratitude for the
treatment which he experienced fron► her in hie
whet condition. This request nut being accepte,
again entreated her at least to send her sun, th;
might in some manner acquit his debt ofgratitii,
Much speculation has arisen concerning the
interview held between the Duke of Wellington
the Duke of Richelieu.

Marshal Lefebvre, Duke of Dantz;ck, has
presented by his Excellency the Ministz,r of W;
the King, and received from the hands vi
jEsty the baton of Marshal of France.

The Correctional Trihumil of Mons, has
Jacques Rigomer Bazin, the author Of two
works, called, The Charter Explained to the Peet
the Country, and lhe Political Catechiser, guilty of
seminating in these works, sentiments danger°.
the Government, and condemned him to six run:
imprisonment, to pay a tine of .50 francs, and
the expiration of h;ii punishment, to be unths
surveillance of the police for five years, and to
security for his good behaviour to the extent of
francs.

COPENHAGEN, necrmuß 24.

The Royal Commission 44 Onarantine 1
fished a Report, in which they state, that accti
to official news the plague has cea►e_i at Martin:
Guadaloupe, and Antigua; but declare provisiui
as suspected places, Noja, Constantincp!e, Sm:
the Isle of O‘rfu, the ports of the kingdom of N.
all those of Turkey and the coast of Barbary,
the West Indian Islands, and North America.
vcssels (rim the Danish West-Indian Islan.:E,
from the ports of North America, vi ill of c'
freed from quarantine, if they are provided
of health.

VENICE, DECEMBER 2C.
There is no truth in the report that nor C—
mein has a:ly intentioa or ct ding the Lle !: 1..
to the Order of Malta, and still less that 0;
The English English possess too great an is& Jence 11
lonian Isles to wake it expedient to put any ne
ritory At their discretion.

ANCONA, DECEMBIR
:rhe Conmissaire le7misii.,ri4 has published
C Atit,n nt great severity against the authors and
of secret Masonic institutions, in cunsellum
which a great many individuals hare starer
their The Government hai hot yet
tilted proceedinks against any person on this 11(
There will be no Optra during the Carnival.
funds of the Theatre are to he employed in
01 the indigent clinch

a..
~• .

YLANTERS MAIL.

The '.*1411 of this vorning has briught us Brussels
foreign journals to the 15th instant. Their
;,:ccs err not very interesting.
DRUSiELS, JANUARY 10.
SECOND CHANUtat
Tile expectation of a proposition relative to the
'era! prchibition of the exportation cf corn, had
..acted a nomProus audience in the gareties ; but
cummimication, so important to the southern
Olcr., had not been made.
ri,n;,lent anrounced foot messages from the
Ct:Ari.her. Annumicing its approval of some laws
,;se, lit, To the r4tinnal Militia-2J, To the
'tm to he ranted for the encovragernent of
ti-,rin f h.ry-3J, To till pro.lobit:on of the
eqa,:qn rif Corn by the laud frontiers of the King-
Ti! the :evocation of the Decrees of 21st
~,;;et, 1514, and 17th March, 1815, on the forma-
sty tutelebre.ien of marriage: afterthis the order
.:edgy 1:d to the discussion of two laws, one on
pet c ti:e deferred debt, which on the 21st March
rvr ii to bl colverred into active debt, which
sci,.liwit a debate; and the sLcond,
to 0 r ervatr-..gement of the Levant bade. wrtich,
: v f.,.;:ilf.ll::Able debate, was rejected by a mak).
.‘; it! votes t.) 16.
_ _

The amount of the charitable subscription for the
uos poor of this City, is already 4b,.ve 65,000
At the request of their Majesties the Em-

of Russia and King of Prussia, our Sovereign
4initted the transit through the kingdom of
beeoletres of corn coming from abroad and des-
for the supisly of the Russian and Prussian
in Fiance•

The Governor of Uainault has published on this
radon an address 16 the inhabitants, assuring them
is so reason fur alarm on this account, that
strictest illeibOrti are taken that the curentity
stall not be exceeded ; that his Majesty I,.ts
rc-
te.ta! his allies in future to let the corn pass by an)
tr route than through the Netherlands:

NAVAL INTALLIGENCE.

NIA:Li•-.AIIII. DUI. AIM. DDSs
. • • 1 0 France ' 0 1
et.-tord - 2 0 Flanstnargh *.
•ey and Jersey 0 2 ructenburgi • • 0 2
- 0 1 Flanders - • • 0 0
- 0 1 Malta - • - - 0 0

FALMOU'IH, JANUARY IS.

Arrived hi, Majesty's ship I-It:Rost, from a cruise.
:ied :he Four Friends, Lwaiessuitte, tor Loudon.

Wind W.

PLYMOUTH, MNttARY 14.
Came in the Lord toringdon, Arriso, from Pa-
ns; Prince of Wafts, M,WILLIAM, from Trinidad;
aed t!►e W►lliam :awl Amelia, brats, trom New
trunswick—the ',Etter with loss of bulwarks, b,,ats,
do:.; she spoke on the 11th instant, off Scilly, the
SrEw.illT, from New Brunswick for Loi .
don, all well. Toe Lord Bo►ingdon spoke, in Id.
41. long. 11. 30. tLe Neptune. of Liverpool, hound
:n the coast of Guinea.—,Sailed the LEE 51001) of war
for Sheerness, with the body of Sir JAn►ta LEECH on
board.—Wind N.W.

BRIGfiI'UN, JANUARY Is.
By the arrival of the Ann and Elizabeth Packet,
Captain 'litmus, from Dieppe, we learn f!::: result
of the trial of the Custom.liouse Officers at lt•osen,
for the murder of Captain PARTIUDOE, of the Nancy
Packet, off Dieppe,- by wantonly firing into the ves-
sel as she WO lying-to, in the month of August last.
Two of the offesiders have been found guilty, and
sentenced to two months' imprisonment, and to pay
one of 3,000 francs each.

The '.4.1
t, er f
Tim uP
ptu
.acted
cum n'
,v;rcr.,
Prei
,st Ct:a
,r;t11.11S I
F;rt,
:00. we
t.r.e dal
tv.et r'
.
di,•p•.t
rC
'' CI
'at v
:1 of 512
The A!!11
,LIVIC;S 1
act, A
of It
pe; ink
: 5 bectoh
for
top is I
"Pae Go
ert.:sica a
are is n
tie stricte
f...ed shall
iested hi
:oat
NI
%COI. riOril
-
Arrive
&nett LI.;
Wind \V
Came
laming ;
and the
truniwii
ft:. ; silt
At:Lines,
dnn, all
41. long.
:n the co
fur Siirei
board.—
By tit'
Captain
Of the ti
tot the r
Packet,
sel as sh
Two of
sentence
line of
Aerie
Ann,
CLrolini
Cam
lett Op(
vessels
La arca
Cato
Cape of
fna Cad
the oil:
prepari
out war
Portia'
and C
remain
itnntic
The
ter;....
Lnce
VA ititi
rod th
Art
finder,
horn
angel
Sailed
J.ooNs,
but
voodf,
and All
Our
bubtin
?clic&
acteD,
Al
dime!,
dam,