Star.
London, England, 1829-11-12 00:00:00


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was only intended to give another form to an existing debt. This
was a pretext to create at our expense a new debt of 136,471,284
francs. These are the honest methods religion and Monarchical
Governments are obliged to have recourse to to obtain money.—
Absolute power which corrupts the master and his slave, has Wiled
the ancient honour of Castile.
M. Roy, the Finance Minister, was of opinion that it could
not be denied that even after the Government has authorized
the negotiation, it ought to exercise its superintendence as much
in the general' interest as (or the interest of individuals who
might take part in negotiating the loan. lam of opinion (be
said) that the Government has not ceased to lie under the obli-
gation to assure itself that the emisson of Perpetual Annuities by
Spain is accompanied by guarantees which can be exacted ; that
it is its duty to verify the proportion and quantity emitted—to
ascertain if the conditions announced have been fulfilled—if the
annuities uegociated are those which arise from the conversion of
the Royal Loan—and,bnally, if the public are informed every six
months of the amount of annuities destroyed. For these were
the conditions published on April 12. 1826, by the prospectus of
M. Xavier Burgos, the Royal Spanish Commissioner.
The present Ministry& however, have a meaning for the words
duty and public interest dWerent from that understood by M. Roy.
Their duty is to bring us back. by cunning or by force, under the
yoke of passive obedience; acid, in their view the public interest
consists in making France within • given time resemble the reli-
gious and monarchical Spain, and become miserable and impotent.
Things, then, are left in the same state in which they excited
such just complaints ; and when the Spanish Government chooses
to emit at the Paris Exchange the whole or part of the seventy-
nine millions of francs which it means, according to M. Offalia, to
gratify us with, there will be neither publicity nor competition,
both being averse to the model Government. M. Ageado conti-
nues to slip out the paper from day to day on the Exchange, and
absorb the capital of our small capitalists with no other information
than publishing beforehand in the Moniteur the quantity of annui-
ties to be sold, and the number to be exchanged for our hard cash,
which furnishes a very strong guarantee.
How will all this end? Assn such things must of necessity end
—in bankruptcy. M. de Medici has left Naples for Madrid.
His plan is to reduce the different parts of the Spanish debt to the
amount of capital received. The Perpetual Annuities will be at
40. They being now 54, there will only be a loss, it is said, of 14.
But to reduce them to 40 Is to strike off 60, end to cut away at one
stroke three-fifths of the annuity. An inscription of 10 dollars,
payable at Paris, will be reduced to four dollars, payable at Ma-
drid. Deduct the expense of commission and loss by the ex-
changes, and instead of receiving 64 francs, the patties will not re-

ceivi2o.
From the Journal des Debats of Monday.
PARIS, Nov. 9.
Let us corgratuiate ourselves on seeing the Quotittienne enter
upon a course of such wide toleration that we might even think it
is going beyond bounds. Having never been able to make us be-
lieve is pretended placards posted on the walls of St. Quentin, in-
viting Catholics to abjuration, it attacks the Protestant Minister of
this city, and asks, if it be true he offers bread and money to those
who will abjure; that he assembles at his house poor Catholies,and
announces to them, among other things, that Catholics will be
damned, &c.
We are much disposed to think all these statements may be
placed by the side of the placards, when even he whom they con-
cern would disdain to refute them. But supposing them for an
instant true, we like to see the Quoridienne declare that these facts
are opposed to the liberty of conscience and the equality of rights
granted to different religions ; because it is evident that on these
principles, and recognising the reciprocity which results from them
between the different communions established in France, it would
condemn such means employed by one Clergy as well as another.
Its wrath, therefore, could scarcely be expressed at the conduct of
the fanatic who should go into the hospital and disturb the con-
science of a dying Protestant.
But while we rejoice at seeing toleration making advances where
we should expect it to retreat, let us not stifle the zealous desire of
spreading the truth by the means which charity, prudence, and
respect for the laws avow; and let us not feel scandalized if we
should see one of our venerable ministers of the religion, which, by
gentle persuasion, and a doe regard to the faith of others, wete to
l'e able to restore to the Church some of our separated brethren.—
Thus did the Apostles and the early Christians propagate the Gospel.
From the Courrier Francais of Monday.
PARIS, Nov. 9.
A report which is now current of the probable dissolution of the
Chamber of Deputies, gains some 'strength from the articles pub-
lished in the Gazette de France. It appears to have been an object
of warm discussion in the Council, and that M. de la liourdonnaye
presses for that appeal to the public feeling, while Al. d' Hammy
shrinks from it. The Ministers who oppose the measure produce
documents, which prove that the La Bourdonnaye party could not
hope, is case of a re-election, to bring in above one-third of the
Deputies. However that may be, the Gazette continues to insult
the majority of the present Chamber ; that is a warning to the
electors, that they must held themselves in readiness.
FRIISCH FINDS.-•-PILILIS, Nov. S.
Five per Cents, 1091.50 c.
Three and a alf per Cents, 841. 15e. 10c.
Bank Actions, 1905 f. 1910 f.
FORDION FUNDS.
Neapolitan Rentev, Cert. Pal. 931.60 c. 25c.
Spanish Rentes, 71.—itoyal Spanish Loan, sep. 58k.

THE EVENING STAR.

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