Star.
London, England, 1819-07-17 00:00:00

CEYLO.Ji&

ROM aeries- of Ceylon Gautier to flle 31st of
January, recently received, we have eittacted -some
details, chiefly relating to the termination
hellion in that island.
COI.UMBO, NOVEMBER sta; 1518.. .

of the

Our letters from Candy by this day's post, have
brought us the following particulars of the execution
of Kappitipola and Wadugalle, which took place
near 'the Bogumbei-a Tank,' at half past eight on
Thursday morning. The two prisoners were carried
in the morning, according to their own request, to
the chief temple in Candy, called the Daloda Mala-
gawe, or Temple of the Sacred Relic, when they
went through their devotions attended by the priest,
in a small room adjoining to that in which the relic
is deposited. Kappitipola then came out into the
ante-room, where he entered, with much composure,
into conversation with Mr. Sawers, observing that no
person Auld alter the destiny that was allotted to
him, and quoiing, in support of the vain theory of
predestination, an apposite passage from the books
of Boodha. While he was speaking, a noise was
heard within the temple, .and •it appeared that Ma-
dugalle had run into the inner apai tment, and claimed
sanctuary under the protection of the relic. He was
soon removed, and both the prisoners were then
marched under a strong guard to theplace appointed,
on the bank of the Bogumbera Tank, neat the spot
where Ellapola had suffered.
When they arriyed on the ground, both the priso-
ners* requested some water, which was immediately
brouglit, and they washed their faces and hands.
Kappitipela then tied his hair up in a knot behind,
and sat-down upon the ground, near a small shrub,
which he grasped with his toes, apparently to keep
himself firm in his position. For a few minutes he
recited some verses out of a small Pali book, which
he requested might be delivered to the care of Mr.
Sawers for his younger brother. When the book was
taken away, he continued to repeat Pali verses until
the executioner, at two blows, severed his head from
his body. His whole behaviour was manly and col-
lected, and he met his death with a firmness of reso-
lution worthy of a better cause.

The condtict of Madugalle was just the reverse :
he was too much agitated either to tie up his hair, or
to bend down his !read himself; he was able only to
make a faint cry of 4, Arralihaug," one of die names
of Boodha, when his had was struck oT, also at
two blows.

A very great concourse of Candians, among whom
were many Chiefs, assembled to witness this execu-
tion; and we hope that a due impression will be
made upon their minds by the just punishment of
these turbulent and ambitious Chiefs, who had been
the most forward, and, unhappily, successful in their
efforts to involve their countrymen both in bloodshed
and ruia.

Pelime, Talawe, and Ihagamma, whose sentence
of death has been remitted to that of banishment,
set out.' on the day of the execution, with two other
prisoners,* under a strong escort for Columbo, where
they may be expected on the SOth instant.
We are happy to learn that the itlcsodianse of
Nourecalova, the only district where the least rem-
nantl
of hostility is left, has sent to Lieutenant Sweet- 1
ing a proposal of an unconditional surrender.
DECEMBER 5.-We have at lent.,,th the satisfaction
of announcing the return of his Excellency the Go-]
vernor to Coiumbo, after an absence of mere than
fifteen, mcnths; during which eventful period, his
Excellency has effectually crushed the alarn-..ing in-
surrection which has so long distracted this country,
and ultimately established the British doininion on a
firmer basis than ever, throughout the whole of the
Candian provinces.
His Excellency reached the King's house a little
after five o'clock, where he received the congratula-
tions of all the principal inhal itauts of Columbo, on
the termination of the Candian insurrectidn, and oil
his second victorious return to the stiat of his Go.
vernmakt. (torn the Candian territories. •

(Tiara the Richmond t.nquirer.)
"It it a melancholy (nay, worP, it is a disgraceful
fact,) that this country, blessed beyond any that the
sun ever shone upon, has been brnugh: to 'his condi-
tion principally by monied inditutions—by their mutt
tiplication and mismanagement. Banks have sprung
up like mushrooms; one State, in one moment, shot
up forty of them, another thirty. There is no State
that has not been cursed by them, as Egypt was by
her locusts. But every new Bank added 'to the em-
barrassments of the circulating medium in these twd
ways—it crippled the old ones, by robbing them of
part of their specie, and it threw out mote paper_
thus increasing a circulating medium that was already
too large. But it was the mismanagement, more
than the multiplication, of the Banks, which has
brought on the pressure—or rather it was their mul-
,tiplication which principally contributed to tnistna-
nagement. Being created, they Must go to work, or
else they could make little dividends, and their stock
!must sell low. But if they could not go to work ju-
diciously, they must do it injudiciously: It is thus that
their excessive competition on the one hand, and ig-
norance of the true theory Of banking on the other,
have led to a mismanagement of their funds. And
how mismanaged ?
" It is the province of Banks only to lend helps foes
a short time to real capital; not to create a fictitious
capital by accommodation paper. Adam Smith tell*
us what kind of help he thinks this ought to be:—.
" What-a Bank can with propriety advance to a mer-
chant or undertaker of any 'kind, is not either the
whOle capital with which he trades, or even any con-
siderable part of that capital ; hut that part of it only
which he would otherwise be obliged to keep by him
unemployed, and in ready money for answering oc-
casional demands." But, instead of this minimal/4
our numerous Banks have sometimes stretched loans
to the utmost—their issues have been made for every
sort of piirpose. They have created accommodation
paper, to enable one man to boy up large and real
estate; another to build houses and buy furniture; a
third to purchase whole crops of tobacco and flour,
or whole cargoes of foreign goods ; a fourth to pur-
, chase the fised capital of large manufactories, They
'have led us into temptation; and it must be coo•
fessed we have easily fallen into it. the uncommon
facility of obtaining a fictitious capital in paper has
facility
birth to the wildest spirit of speculation. Spe-
culation has generated Banks; and Banks have gene-
rated a ten.fOld spirit of speculation. If it is so here,
what must the case have been with the 4.0 or 50
Banks of Pennsyl-vania ?
" This over-dealing was displayed according to die
,field on which it fastened itself. Tfie trade in British
goods has been vastly overdone ; and GO has that to
the East Indies; to the south, thi trade in cotton
with us, the speculation in flour, in tobacco, and in
lots. And mark its effects, too, upon the moral ha-
bits of - this nation. A -wild, intriguing, chaffering
sabtle spirit of speculation has taken the place, too
frequently, of a patient and honourable industry.—
We wanted to take short cuts to fortune. We would
net stoop to work hard for pence and shillings, when
we saw our adventurous neighbours accumulate thou-
sands of dollars by a bold or cunning stroke of spe-
culation. Economy, too, was deserting us, as well as
industry. We must live high, drink the costliesi wines;
dash out in the finest equipages, build demi-palaces;
and furnish them in the most sumptuous manner.—
Our manners were silently corrupting ; our repidska
can principles were undermining. Wealth, fashion;
aristocracy in expenditure, were becoming the orders
of the day. I'o give fin tiler scope to speculation, or
extravagance, when these Banks began to be moth
reserved in their favours, we began to bend the knee
"
to the authority of Bank Directors, or present out'
throats to the usurer's knife. Great Goo! I almost
start at the picture I have drawn ; and I ask myself
is this Republican America? Is it possible that this is
any thing like the troll? I know the distress which
is brought on by, this deplorable over-dealing. I
know the agony is not yet' over. I know that many
a generous and high-mineEd man is yet to weep
blood before that agony c.in be over. Humble as I
am, I too have my share of the calamities, of the
times ; I too have been imprudent and unit:Attune.
But I cannot divest myself of this cohsoratibuthat
these times still bring some little healing on their
wings; that, when these distresses are over, the mo+
ral chaiacter of this country Will rise brighter from
the struggle."

A quarrel arose on the 6th instant, among tome
young men of the Cornniune of Romain, in the De.
partment of the Doubs, in which two of them lost
their lives, \\ lien the others fled. It appears that one •
of the two that had fallen, had seduced the sister of
another of them, named Pegand, and had refused
to make her reparation by marrying her. This is
said to have been the principal cause of the qhtureeL
Extract of a letter from Irun, dated June ap:amm
" The corvette the Volunteer, lately attired at Cadiz,
with the letters from South America, has brought dis-
patches from Vera Cruz, Lima, and the'Havanfiah.
Hitherto the Goveinment has not been in a fluff 'to
publish theM in ;1 e Madrid Gazette, which teems to
Indicate that their contents are not advantageous
,From what has transpired, it seems that Genital
Morillo urgent:), demand! reinforcements, 'Without
which his bituatitin wbuld become. very critical.—
fear; are 'entertained for the Isthmns..of Panama.
—Accounts from Nachictsay, that the tins has sig.
nits& to the new Blin!stryt:his intention to employ
all our 'remaining resources to hasten the departure
of thevezpedition from Cadhi; which itiafnoyi posi-
tively be Ased fox: the fm)nth *of August nest. Out
.Monarch is Persuaded ;hat'tliis is his only resource
to cipmge the face of sti*.tirs in'thme -count' ies. gaily
'persons, however, ConsiZer America as lost to us,
wkateviir efforts we m ty nr.ke'td subdue pcople.who
s:4ipive3 to. saerifice„ e.vel-y thing in defence of
tioir independc.iCc.l • '