Star.
London, England, 1827-01-27 00:00:00

We 14s that the CAbinet of Madrid will be able

tithed a alit, to which it is perhaps exposed much sooner
than it expected; and that it will thus prove to th,
world, that it can be still safely trusted, and that its
late conduct was the effect of sadden excitement, rather
thaa..of deliberate treachery. Besides, it must be Dow
aware, that it can no longer calculate upon deriving
any advantage from the workings of internal discontent
in Portugal; and this conviction cannot fail to infisence
its conduct at this trying juncture. Moreover, the British
troops will arrive on the frontiers in sufficient time, to
confirm by their presence, such advice as prudence my
suggest to the sing of Spain; and we cannot help
thinking, whatever his secret inclinations may be, that
his obvious interests will regulate his decision. The
French Government, which appears to have clearly am
ticipated from the beginning the tura which the Servile
movement in Portugal has taken, as well as the ember-
rassments in which FERDINAND might be involved, were
he to take a single inconsiderate step, has done every
thing practicable in order to subdue his pride and
obstinacy; and this will account for the removal of the
Swiss troops from Madrid. This measure, by :hewing
him, that he must not count upon French assistance+
should be embrace any violent resolution, will have ono%
thee good effect, that of compelling FERDINAND to keep 4
his Istist troops in Madrid, for protection of his own
person, instead of stationing them in the immediate
vicinity of Portugal, as was at first intended. All these
considerations cannot fait V. Inspire him with sunders.
lion; and we shall rejoice t 6 see our expectations fulfil-
led, for whatever pleasure, might be derived from seeing
a faithless despot punished, it would be chequered by
the calamities to which his unfortunate subjects would
be inevitably exposed in the event of hostilities. In.
the mean time the French papers, which arrived last
night, including the Dale of Thursday, do not contain
a single paragraph capable of throwing the least light
upon this important subject ; and it would be useless
to speculate further, particularly as d few days more
will probably remove all uncertainty.

CITY, TWO O'CLOCK.

The Canso' lloket remains steady up to the proem time, wit►
little business doing; and the fluctuation hu been, during the morn-
' fog, from 711 j to 79j for February Account, and may be quoted at
I preen* to 79 for Maley.
The dhpatches that arrived yesterday from America, which was
reported to be unfavourabl►, have quite a contrary tendency to-day,
and are reported to be very favourable, and that our diterences
with the limed States, are on the point of being amicably settled.
We have no certainty of an ftprese from Paris, although it is
reported an t►e Stack Exchange, that the French Reines as j pee
oent. lower.

Beery thing is dull in the Foreign Market, except in Mexican
Bonds, wilds have got up to 14, swing to insurances being effected
in various Maces, for dollars coning from Vera Crux. lo the Al-
liance Office alone, £lO,OOO Jim been effected. A report prevails,
that the new Depudes elected In Mexico could not take their seats,
in coosequence of the old oafs refusing to go out.
FORRItYN FUNDS. TWO O'CLOCK.
Colombian Bends, 4 p Ct. 1 Mea.Ronda,S per, Cc. SoAk
S
Dino Bonds, 1844, 1 Do. &HISS, pCt. 431
Ditto Acct. 31 I Do. Acct. SS 14 Islssj
Daniell Bonds, 3 pet. Russ. lids, inn, s p ask
vw Acct. SSI pan. Hoods S p Ct. 121 111
BRITISH AND FORRIGN SHARES, TWO O'CLOCK.
SWAIM tats.
300 SO 471
SO 311- 01

Anil. Mikan
British Iron

£s7.

400 400

400 WO •00:90
400 150 197 k
VO I Ii 9