The Statesman.
London, England, 1821-03-09 00:00:00

lbw Test! Papa. moth* Ws
fib. fres which we gire the ielleseieg..estrasts
PUN lye wow sex rem sr ?xi *sum
?be Vaited 'States sloop of war, Oalede• sailed
'614. Aniapolki oa•Ttieeday for• the Ilelleireeseres.
she goes Ant to .at.. Domingo with Mr. :Mete. es
easel and agent for the settlement of all claims.
New Unsex, Fie. 7..—The harbour of lie, Lon-
dot *sleazed from the 04th to the 30th hammy.
The ice eitee9ed nearly two miles below the tows.
The greatest All of snow. ever Wow* in New Segleatt
was is 1777 I the storm contiared 6.days, sad the
depth of the meows' 8-bet epos a leveL
Nit*' Toss, hex. 24.--Aerren
stteet, from loistll4 front, 12 houses ; Front-street
gist, 10 houses i,Tiont-street, west side, 12 houses ;
true Wharf, betwitoo.Front-street and Water-street,
east side, three bosses. Mr. T. Bloodgood is sup-
posed to be the greatest sufferer. A Ship lying at
Crane Wharf wig 'considerably injured. The sloop
pf war Hornet, was she somewhat injures.
Jt is reported that the Crowe of CERISTOPIIII
was
toles by some of his subjects and sold to an Awe:l-
ett Captain fur 12,000 dollars. It has not yet been
retoVbftd.
law VORIIII JAN. 26.—Our harbour is completely
blocked ap .by the ice. Hundreds are crossing our
ferries from the adjoining shores without the least
isiterrup:ion.
I t.is calculated that by the census now taking, the
pupulatioa of the United States will be found to be
about 10,000,000. In I SIO it was 7,323.003.
Sr. Tnomws, 14, Dec.—There is a considerable sick.
rem prevailing here among foreigners; the crew of a
Boston brig are all sick.
New Your, Foe. 6.3-The wind came mead to N.N.
W. yesterday morning, and about 56 .all of vesseli
whit!) were detained by the gale, got osier weigh, and

pat to sea.
(mom Tilt CIII4R.LESTOWY OASITTB.I
EXTRACT OF A J.EILZR r.rost ST. TOOMAIII DSO.
26.—Accounts from Sint Darts, yesterday, state, that
Comm"lore Daniels, in the Patriot brig Irresistible,
bad tent in four prizes of immense value. There
were tight prizes in port. A French ship, from Ro-
rer for Her Ann.,h, was rubbed off this port a few days
shier, of 820,1 ti. oin specie. A Spanish ship, with
M:10 slaw, was captured off Porto Rico on the 20th
inst. and sent into Margaritta.

PROCEEDINGS IN CONGRESS.
►HO7s Tilt PAPER OF THE tiTla VER.
SACTII AMERICAN STATEMT. Clay rose to make
a mut:on. It would recollected, he said, that by
a majority a resolution was adopted last Session,
.irel.triug it expedient to make an appropriation by
law for a mission to send to such of the iiovernments
of-South America as bad established their independ-
ence. lie rose therefore, to more tbst the respiration adopt-
el at the last Session, be referred to the same Com-
mittee of the whole nous-, to which was referred the
!lift—Agreed to.

InkalliOnufahe Imam war
Cash hymasts of the lime. will* wlag Matt lia•
sttfisdiit umeher of Members v seustitute Ana
last sight, will probably be brought leeward Is sie
COMMivol this eveleleng, toteitee Tory naturally
degree of interest. Toth@ restriction oft the huh frolel
paying that; Nimes in Cash, and to the excessive issues
during war of their paper sebstitates for coins and As,
esisseqnent diminutios eif these Wenn Os the rein* ttf
pease, While making arraigeseests far the fesneepde•
of Cash. Payments, may be justly ascribed the
ations and injariou variations that have taken Obis
in the nominal value of property, and a large piellpl►
tion of the distresses of agriculture and trade. Mee
the object of our rulers was to carry on extensive war-
fare, do bounds were set to their extravagance. and
the issues of their paper coinage were as unlimited as
their ambition. The noisiest value of commodities et
every kind eras raised, the market price of gobb
and silver became enhanced, and metallic coin be.
came embarrassed in its currency and driven milt
of the country. The medium of commerce, instead of
being what it should be, and what it was while it eon-'
slated of the precious metals, an invariable standard
of value, became ag variable as the wind. dependant
upon the breath of a Chancellor of the Exchequer,
a Governor of the Bask ; and as unsubstantial soil
finny as the fabric of the notes they issued, and the
promises they made. Enlightened men perceived, that
on the return of peace it would be impracticable to
carryon with foreign countries the relations of traffic
under such an artificial and precarious system, and
foretold the evils that have been since experienced in
preparing to return to the lowa that steady currency
whlch is common to the commercial world. On the
different attempts that hare been made to smooth the
way for this desirable event, on the various promises
that were pledged and violated, and the numerous ex-
pedients that have been proposed and tried to accele-
rate the accomplishment, it is needless to dilate So
many had been the disappointments heretofore expe-
rienced, that it is not wonderful if shrewd men ex-
pected that the accontplishinent could never take
place. By the operations of commerce, however, since
the cessation of war, and probably by the very cheap-
aess of oar manufactures which our national penury
has produced, such a favourable alteration has been
made in foreign exchanges that an influx of Kula into
this country has been occasioned, adequate it is sup-
posed for commencing the resumption of cash pay-
ments; and the price of bullion is at present rather
below than above the Mint price. On these rewinds
chiefly, and partly in consequence of the failure of
making istionitabk notes, the Citaxcet.r.on or vol
EXCHIQM has been encouraged to give notice of a
motion for authorising the Bank to anticipate the
time appointed for exchanging their notes for cuius
By the last Bank Restriction Act, it was provided,
that the Bank might, on the first of May, 1522, or at
any time after, pay off any of their notes in cash. The
object of this provision, is acknowledzed to have been;
to allow of a partial issue of gold to the public, before the
Bank could be called upon to make their general
payment in cash, by way of preparation, and with a view
to the gradual introduction of a certain quantity of
coin into the circulation of the country. It was not
intended, it appears, that this preparatory and op-
tional payment should hare any effect upon the laws
regulating the issues of Country Bankers, or the other
currency of the country, wbo were allowed to proceed
as previously till after the lit of May, 1%23, when the
general resumption of cash payments by the Bank is
to take place ; and they will be allowed to issue their
.€1 notes as usual, till the expiration of two years
from that time. At the time the Cm tNCILLOR of the
ExcHEQUalt moves to authorise the Bank to issue these
partial payments, he is, it appears, to propose another
measure, not immediately dependent on this, though
closely connected with it, to raise the legal tender in
silver coin from -IN. to 51. This is understood to be
proposed as a temporary measure to facilitate the re-
storation of the general currency of the country.
With respect to this proposition we are not aware
that any objection can be made ; but we confess
that we are almost as sensitive in any attempts
to tamper with the established laws and Usages
that regulate the currency, as we are about the
Cora Laws. We noticed lately a suggestion for
coining the pound weight of silver into $0 shillings,
instead of sixty-three, and rte deprecated the pretext
on whish it was recommended. We remarked that
every alteration that takes place in a matter so essen-
tial as the currency of a country, is sure to occasion
another, and that other something else. We stated
that the variations made from time to time in the va-
lue of English coins, and especially before the Revo-
lution, never failed to be productive of embarrassment
and injury in the interchange of property and the
cows: of trade. We intended to have illustrated these
remarks by a sketch of the principal variations that
have taken place in the gold coinage of England.
eacntnstances, however, have arisen which induce este
postpone our purpose to-day ; but we hope to present
our readers with the intended sketch and illustrations
to-morrow. •

At Oxford a Petition against the Catholic Rmanei. 1
pation was voted on Monday, is convocation, by a
majority of Ml 9 against 17.
A requisition is at present in the course of signa-
ture for calling Spell the Lord Mayor to convene a
Common Hall, to consider of the expediency of pad-
tionint Parliament for a Reform in the House of Com-
mons.