Star.
London, England, 1820-01-10 00:00:00

WARSAW, DECEMBER 17.

His Majesty the Emperor, our King, has issued an
Ordonnance fur the renewal of the third of the Mem-
bers of the Diet, according to the Constitution; and
the Viceroy is charged to convoke the Central Assem-
blies for that purpose..,

• THE EVENING STAR.

LONDON.

MONDAY, JANUARY 10, 1820.
THE FUNDS.
PRIOR OF STOOKS THIS DAY AT ONE O'CLOCK:
3 per Cent. Reduced 68i
3 per Cent. Consols 671 ex. div.
4 per Cont. 86;
5 per Cent. Navy 102;11 or. div.
Bank Long Annuities 17 15-16
India Bonds Bs. 10s. pr.
Exchequer Bills (2d.) par ls. dis.
Omuium dis.
Coasols for Acct. 691

The quantity of Stock sold on Saturday, by the
most respectable Brokers, exceeded any day's sale
since the opening of the present Account. When
Consols were at 696► those persons who had been
purchasing immense sums at 68, began to realize,
which threw a damp upon the Market, and they
closed at 6)f,. This morning they opened at 69i,
and the Market looks very heavy. The opinion of
the monied men is, that the present rise will be but
temporary, and that a depression will ensile before
settling day. Between two and three hundred thou-
sand of the October-dated Exchequer Bills were
thrown upon the Market on Saturday, which added
to the depression of the Funds; one Broker sold
130,000 of them.

Many view the Message of the American PRESI-
DENT as petfectly pacific, and, consequently, as au-
guring well to the prospects of the mercantile world.
One pat t of the Address has, however, excited not
only surpt ize, but apprehensionrin the minds of some
who look beyond the present moment. The PRESI-
DENT, speaking of the Treaty fur the cession of the
Floridas, and which FERDINAND has refused to ratify,
states, that the Governments of Great Britain and
France were " decidedly in favour of the Ratifica-
tion:' This appears to be almost inexplicable, for,
as we noticed on Friday, the possession of South
Florida by the United States, would give them the
entire cominal of the navigation of the Gulf of
Mexico, and endanger the commithication with some
of our most valuable West India Islands. Nor is it
easy to imagine that this country should look with
indifference to a transfer, threatening such conse-
quences, without obtaining the means cf counteract-
ing them.
The claim of the United States is set up in the
name of payment or remuneration, due to her citi-
zens for the spoliations made on her commerce
during the war. If this gives them a right to ob-
tain from Spain the Northern shores of the Gulf
stream, Britain has a greater claim against Spain,
to entitle her to demand the Southern shore, namely,
Cuba. It is well known that daring the six years
of the Pepinsular war, Great Di itain supplied Spain
with four and a half milikns sterling, in money
and articles of war, besides the presence of large
army and navy. Lit fitting then that this country
should make no effort—we do nut say, to prevent the
United States ft om obtainirg Florida, but to obtain
for ourselves the means of warding off the dangers to
which this cession must expoe our Western posses-
sions ? Is it a matter of no moment, a hen every man,
of the slightest discernment, is looking forwat d to the
complete emancipation of South America, that we
should possess the me ans of enjoying and protecting an
uninterrupted commercial ;mere( urse with every part
of that expanding market for European Manufactures?
It should certainly be the policy of this country to
guard, with-a jealous eye, every arrangement of other
Powers which may eventually endanger our cmn
safety, or tend to shut out oor commerce from any
quart er. We ate not of those who, to snit a tem-
porary purpose, can ever join in the cry of 46 Perish
cur commerce F' None but fcols will view either
our Commerce or our Apiculture as objects to be
viewed with indifference. We possess no other means
by which to make foreign nations contribute to the
payment of Olt• inter est of a load of debt contracted •
principally on their account. The industry of Great
Britain can only be duly estimated by what she has
already done ; but what will her industry avail, if
means are not employed to open, and keep open, the
markets of the world for the products of her indus-
try ? Were our debt a trifle, which the exertions of
a very few years could cancel, men might view, with
indifference, all the arrangements of other States;
but we are otherwise circumstanced, and our policy
ought to be extensively prospective.
Wc have, oftener than once, expressed our opinion
that a great effort ought to be made to pay off our
entire Debt, as the only effectual means of restoring
perfect health and vigour to our Agriculture and
Commerce; and also our perfect conviction that this
important measure might be effected to the real
benefit of every class in the community; but we are
not sanguine in our expectations that this will be
realized ; and it is, therefore, our duty not to pass,
without observation any measure which in its conse-
quences must affect the prosperity of the country.

We have received some further American Papers,
but not of a later date than those which we last an-
nounced. The following are extracts:

SACKETS HARBOUR, NOVEMBER 16.

By the military movements in Canada, we should
infer, that the time is not far distant when they co*

template another war with this country. Their forces
have been greatly augmented this season. Their
vessels at—lingstoa-are kept in such order, that they
can be rigged and ready for sea at a week's notice.
Their armies are busily engaged in erecting powerful
and permanent fortifications. Kingston, at this time,
is strongly fortified at every point; while at Sacket's
Harbour, an important military post, there are mil-
lions of public property going to decay, and not a
single work of defence.