Star.
London, England, 1829-06-05 00:00:00

THE EVENING STAR.

LON 1)0N.
-.-
FRIDAY. JUNE 5. 101`29
PRICK OF STOCKS AT TWO OCLOCK.
Bans Stock 8111 India tiond. 55
5 per Cent. Red. 671 I .. Old Annuities 871 1
3 per Ct. Cons. abut £lOOO Excheq. Hills 66 9 7
56 per Cent. 1816. 966 .8500 D:ttn 70 66
36 per Cent. Red. 96, I i 1106 and .6200 Ditto 70 1$
4 per Ct. New. Shot Commercial
4 per Cent I W2B, 104 31 Adeerdsed 68 7
lona Ann. 19 7.16 India for Acct.
India Stock nit Consols for Acct ttlia i i
Pooh:It:NI 1111/Nlts. TWO tel'l ••• K.
Orsaillanals.s pLN. 57 Do. Acct.l6l 1
On Acct 57 Meg. Ht1a.11125, Gp Ct.
Chiba' llunds, 6 per Ct. 181 Da. Acct. 114 I
1.1.1.111.1.. 6 per Ct. Pross.lloods, 5 p Ct 1016
Do. Bonds. 1 Itg4, 114 Spanish lids 5 p Ct. 96
BUITIsH ANO kORRIOK SHARKS. TWo O'CLOCK.

MA kg. PA 111%
Anglo Nlexican 100 100
Ditto Subscription I 101
Beasilisi. 3S 20 •! 1111
Ditto National 2S 5 71 1
Real del Moots 400 400 120 110 115

The intelligence Irons the theatre of war is this day
highly important. The first ()abet, on the 17th of la•t
month. was in favour of tbe Russians, who invested the
important fortress of Stlistria, after a general battle, to
which the loss of the Tusks amounted to 400 or 500
men killed and wounded, and 150 Russians. The par-
t.culars of this engagement, so far as they have yet
transpired, will be found in another section of this sheet.
We have only to add that by the news now given, it is
clear that the rumours secently in circulation, as to the
occupation of Baldshik and Kowarna, and the retaking
of Sizeboli, by the Tusks. must have been unfounded.

In introducing the following brief analysis of the in-
teresting debate in the House of Commons last night,
on the distressed state of the manufacturing classes
throughout the country, we have to announce. in one
word, that the decision of Government, supported by
the voice of the most intelligent and the majority of the
House, is unequivocally against any interference, either
with the existing system of trade, or of the currency—
to the altered state of which last, there are not a few
who ascribe all the evils which beset us at this moment.
The grounds upon which this determination has been
built are well set forth by Mr. Past, who gave his opi-
nion of the causes which led to the present stagnation of
trade. He believed and regretted tat distress was
felt ; but such a circumstance was by no means
extraordinary. particularly when the extensive com-
binations that unhappily prevailed amongst the opera-
tives were considered. There were other causes, too.
which operated on this course of things; and these
wets over-production and the bad harvest of last seasnn
.111 event which always depressed manu'acteres. The
operation, too, of the American Tariff had had an un-
favourable effect upon our trade; and in addition to
these he added the war in South Amer lea, the war in
the Levant. and the disorganized state of Portugal,
Many other causes might be referred to as having con-
tributed to the present depreciated state of trade, or a,
tending to aggravate it ; and among these migf.t be
mentioned the system of exteniing factories. Mr.
Pam. did not think that enough of the
,present dis-
tress• had been attributed to the improvement of ma-
chinery. For the I.st ten years. at Manchester, machi-
nery had improved in powers of production at the rate
of t-n pei cent. per annum Tnis Ind necessarily pro-
duced a sad effect upon those who had previously de-
pended upon the labour of their hands. And lastly,
Mr. Wet. alluded to the vast importation of manufac-
turing labour from Ireland. Tie moment the slightest
increase of wages for manual labour took place in this
country beyond what was paid in Ireland, that moment
there was a vast importation of labour.
Tois is a brief summary of the causes of that distress
winch, is so universally felt, and which, it is devoutly to
be hoped and trustel, will be but temporary. Mr.
BARING, in acknowledging the stagnation that pre-
vailed, and agreeing with Mr. Peer. on the causes
thereof, could see nothing io it beyond the occurrence
of fluctuatioa. to which trade bad ever been occasionally
;fable. He thought with Mr. Pan. likewise. than it
would be better to leave the vessel to herself, convinced
that in gond time she would recover her equilibrium.
Moreover. this distress was not confined to England at
the present moment—it was universally felt. For these
and other reasons, which be set forth in a luminous
and argumentative speech, Mr. BARING concluded by
baying, that "it was beat to lei things alone—to stand
still and sot to meddle.' Mr. Damao was listened to
with attention, and loudly cheered when be concluded.

Mr. W. HORTON spoke of the remedies for the de-
pressed condition of the agricultural and manufac twins
classes. Nothing but a removal of some of their
number could do them any effectual good. and the re-
moval of a very few would be of infinite service. There
were so means by which tbis country could be more
effectually selieved than by colonisation; and that the
persons so colonized, as bad appeared in the case of,

North America, would be the most extensive consumers
of the manufactures of England. Mr. SADLER replied
to Mr. HORTON, asking him who it was he proposed
to send out of the country ? Was it the lame, the blind,
or the infirm—or was it rather those who ought to con-
tribute to the strength of the country ? Human beings, in
Mr. Sul:mines opinion, were not merely the instruments,
bat the very elements of national wealth. Mr. Hue-
vaunt did not think that emigration would save
this country from increasing pauperism. Emigra-
tion could only be advantageous when the patties
emigrating carried with them capital, which wood
give them a rational hope of success. The Right Ho-
nourable Member then repeated v hat he considered
the true policy and true ►tate of the country The
policy of this country was to remove all duties on the
raw material; to reduce all restrictions and prohibi-
tions, and to circumscribe the spit it of wild speculation
founded on fictitious credit ." If this system was pus-
sued, he had no doubt the country would prosper; and
though there was a temporary depression at present, he
believed in hi, comci-nce that the country was now in a
more ptosperous condition than at many former periods
of our history.

In the French Chamber of Deputies Monday last, the
Report of the Commission, charged with the exam,na-
tion of the project of Law relative to the eventual
credit of 52,000,000 francs (about 2,000,0001. sterling)
was 'produced, rind occuiooed a discussion, which has
put us in pos.ession of several interesting facts relative
to France. In the fir+t place. ..e find that the credit
now obtained is distribnted among the three Defier
ments of War, Marine, and Foreign Affairs; and is in•
tended to cover the extraordinary expenses of blockad.
ing Algiers, of the expedition to Bras 1, and the occu-
pation of the More*. On this occasion, M. LAnTTC
minutely examined the ►everal branches of expenditure,
•.f which be gives the following view—

MILLIONS.
The Charge of the Debt . . Y5O
. Royal Emily . . 32
Justice . . . 19
Foreign Affairs . . . 9
Public Instruction
Commerce . . . 3
Clergy . • . 39
Interior . . . 105
War . . . 147

Marine • . 65
Finances . 105
• Collection . its
•

941 Fs.

Or, in round numbers, about 7011000,000.alteral-
, lowing for the interest of the debt. After this the dis
cussion assumed a complexion precisely similar to the
Debate last night in cur House of Commons; and cot.
roborates what was stated by M . BARING, on the
dePorable c,,aid‘tion of trade over the C mit ent. In
the Chamber f Deputies, M. LAFITTI observeu—u It
is a melancholy consideration. Gentlemen, but industry
marches in some sort only from cri is to crisis, flow
suffering to suffering. The producers of corn suffered
cruelly a few years ago, and then complaints were often
introduced into our political discussions. Then the plual
prit tor s of vineyards were in a more loitunate sit ustio:.:
'heir profits even contributed not a little to stimulate a
production, of which the abUndance has becinie
iisitous. The times are now changed—the piniticers
corn receive now rudemnifications tot their los riser rut-
lering., while the produce.• of wine a e 'hireling in
'heir ruin. Bead having risen, the people, already'
impoverished from the difficulty in fi..dinr work, have
consumed less wine, which has added to the distress of
the wine cultivators."

CITY. TwitLvr O'CLoCitt.
Up to the present hour there is no activity ia the Caused market,
which opened this morning at IN f (or the Account; since which
they have been done at 081
Ls the Foreign nmetet liraziiian shares have soosewhat im
proved; bit in other Foreign Secured, s little ar nothing is doing
at present.
SY Tin TAINCH MAIL THIS MORNING.

Accounts from Naples, dated the ifth of May, state, that the
Hon. &WIRT Goituoe and Count Comtism's were to sail cm the
following day for Stn)rna. to Obtain information previous to their
going to Constantinople. The French Ambassador embarks in
the Breslau, of eighty guns. with the whole of his family. accom-
panied by the Prussian Ambassador. The lion. It. Goasou was
to embark in the Revenge, accompanied by a goellette. It was
expected that this small squadron would tall In with the King of
Sardinia's flotilla, which was in sight tidy Gaeta, and a Malian re-
ception was prep mos for his Xearser.
CITY, HALFWAST ONR O'CLOCK.
Consols, which were firm in the early part of the morning. have
since given way, and receded to ti 4 11 for the Account. This de-
cline is attributed to the remoustrances of our Ambassador at
St. Petershurgh, in regard to the blockade of the Dardanelles, and
the determination of the Emperor of itus•da to vaudoise the war.
Some business has been done its the market, hut ant JO any great
eztent. The Commissioners purchased in Reduced at In.
In the Foreign Market little or no business is doing, and the
prices remain near the same u yesterday.
There appears to be a demand for Money this morning, cease-
gunny it is not so plentiful as yesterday.
We extract the following front a Quebec Casette: The tempers(
the Clotted Scares Government towards Great Britain Is expected
to become of a more conciliatory tone under the Administration of
General Jackson, whatever may he the opinion of the woad as to
the character of the President himself; mud there is every disposi-
tion on the Lritisb side to preserve the must perfect harmony sod
friendly feeling.
QUARTER-PAST TWO O'CLOCK.
_

Private letters have been received float Paris stating, that after
the Russians had invested Sihurls, the Turks made a desperate at-
tempt to introduce into the above fortress 1,500 bead of cattle;
this attempt was resisted by the Russians, a sortie was made, and
a general battle took place, which was desperately fought so both
sides, and it is reported the Miamians Weft defeated with the loss of
four or five thousand awn.

Console, within a short period, have improved to Sag 1 for the
Account.

- -- -
His MAJESTY este Wised a select patty to dinner
yesterday, at his residence in the King's Palace, St. Jaws's.
'the Duchess of GLOUCIDITSR Visited his iii.a.leSTft
yesterday.
The Duke of CUMBERLAND left town yesterday
morning in a carriage and four. attended by Sir Glom' gowns,
Cda►el Brun, end Colonel MORMON. for Epsom races, after
witnessing which his Royal Highness returned to his apartments in
the King's Palace, St. Jaime's.
Baron But.ow, the Prussian Minister, and the French
Charge d'Affaires, transacted buskins yesterday at the Oaks of
the Secretary of State for Foreign Alfaurs.
The Duke de Cuaarnaa returned to Talkes's Hotel,
Jennyn-street. yesterday, from Cobham Hall, the seat of the
Karl of Daatitsv, where be left his Royal Father, the Doke of
°auras, on his way to Paris.
Last hoot. a Masquerade was given at the Opera
House by Mr. Wll3lllll', whose arrangements in every respect were
worthy of ►is reputation fur sustaining this species of assmensaki
in Landau. The House, isotwithstauding its isnusesee size, wee
wed !lied, and we suspect that Soot poured its Aristocracy to
the some, ask was unusually crowded by those whose spirits were
lidinencod by.geodesnowirhabits. Ilse &tractive were nithweense
and well sustained, and the whole scene we* full of We, variety.
ad =lomat.