The Statesman.
London, England, 1818-04-30 00:00:00

THE STATFgMA

geantil►g itelemitities ti the Governments ; but that
of geoveriteeing the payment of debts contracted
,by
virtue of positive acts of the t internment, and of
legal engagements. Political events changed the
connections of different countries; but individuate
ought not to Yteffer Troth those changes; engagements
with them 'might in be inviolable and Maintained.
The debt. 'coot-retied by France were •f the tame
nature with 'theta which composed the errears, the
payment of Which had been regulated by the law,
and their liquidation would be indispensible. The
debts, the payment of Which was presmihed by the
Convention of the 20th November, were not rights
and claims which that ConteeTion 'had implied upon
France-. its only object was to establish theta ante-
ribrily, independently of all Treaties.
" In reviewing things in Ibis light, whidh *ea the
only just Method, because it was the true point of
view, they would be enabled to judge that the justice
of their debts towards and to private
isitablishments to other inanities, was derived from
a principle of civil right, without any ►elation to po.
fitkal conVetitiont. Thus it was admitted, without
heeitation. by the Treaty of the 30th May, 1814.
The two Conventions of the 20th Novembet, 1814,.
Midi relative to the subjects of the Continental Powers;
and the other to those of Great Britain, had only
determined with more precision the application of
that principle, 4tod had regalated the forms of
by, appropriating to the payment of
debts of that nature a capital of seven millions of
rentes. Tense Conv.sitions stipulated, that in case
of insufficiency, the Frenoll Government was bound
to supply the remainder. That had given rise
to the supply of two millions of mites, granted
by She 141%, of the 2341 of. December, 1815. The
iroportsociof that proviso could lint be appreciated
at that period, but according as the total amount of
the ttetris were susceptible of art approximate estinm.
riots; but in principle it was difficult to contest it,
and, in fact, its pone, was still unknown. One year,
from the date of the eachange of the ratifications, had
been granted for the presenting of the reclamation,;
it 'attired on the 28111 February, 1817. It was only
at the expiration of that term, and when the recap'.
fulatine of 'hoar reclamations was concluded, that
the Government was enabled to perceive, that the
amount was so enormous, that a liquidation strictly
conformable to the regulations prescribed by the
Corivetninn of the 20th November would amount to
a sum much esceediee the capital assigned to their
reimbursements, and consequently a considerable de-
Motley would remain to be supplied. This defi-
ciency would have formed of itself an immense debt ;
and it became a duty to represent, that it evidently
exceeded, both what was contemplated by the Treaty
of 1815, and the resources of France. His Majesty
had commanded him to communicate to them the re.
suit of negotiations entered into with foreign Courts
on that subject ; the Acts would be laid before them
when they received the necessary ►atifications. One
of those acts was relative to the Continental Powers.
In cntpciderition of the renunciation of payment of the
debts which those Governments might claim by virtue of
the Treaty of the 30th of May, 1815, and the Con-
vention of the 20th of November, the supplement
to be furnished by France, for the liquidation of the
claims of their subjects was definitively fitted at
12,040,000 freaks of renter. By a separate arrange-
ment with Spain, one million is specially appro.
priated for the discharge of what is due in that
Power, by virtue of an additional Article concluded
with her in 1814, but that Article being reciprocal
and applicable to Frenchmen, creditors to Span', es
well as Spaniards, creditors to France, it has been
stipulated,. that the funds destined to acquit that
portion of their debts should remain en depot, until
the Spanish Government may have disposed of the
just claims of Frenchmen, conformably to the terms
and principles of the Treaty. A separate Convention
was concluded with England for the fulfilment of the
Additional Article of the 30th of May, 1814, and of
the Special Convention of the2Oth November, 1815,
which fixes at 3,000,000 of renter, the definitive com-
plement of the funds, the payment of which was
stipulated in the 4th Article of the Convention re-
lative to the liquidation of the claims of the subject!
of his Britannic Majesty. Thus, then, it appeared,
that the arrangements which had been concluded im-
posed upon them the necessity of raising 16,040,000
of rentes. His Majesty had charged him to present
to them the Pill- ct of the Law o►daining the registry
of them in the Great Book. the total amount of
the reclamations presented was 1,600,000,600; on
that estimate nearly 180.000,000 had been trans-
ferred to the funds of credit authorised by the Law
of the 28th of April. 1815, as they would perceive
by the Estimates. Thirty millions had been rejected
as inadmissible to the charge of France, and there re.
mined 1,390.000,000 to liquidate. Of whatever
diminution that sum might be judged susceptible,
conformably to the regelationll of the Convention of
the 20th November. it was impossible to think it
could be limited to the assessment of the capital re-
presented by the ►eeler of 16,040,000 francs, which•
he required of them; but that was out the only
modification which had been effected. The epoch
was arrived when France would enjoy the reward of
her courageous resignation. With her hand upon
those Treaties, the rigorous conditions of which
she had fulfilled, her call upon Europe to dig-
charge those which would .be favourable to her
would not be made in vain. The Treaty of the 20th
of November hears these words--" The military oc•
mullion of France tray terminate at the period of
three years." This period was arrived, and all
French hearts hailed with joy the time when no other
banners would float over the soil of their country,
than those of the nation. The Sovereigns were on
the eve of assembling to pronounce upon that great
question, which embraces the destinies of Europe.
This would not be one of those conferences between
Monarchs, recorded in history, as an unhappy omen
of a concert of force against weakness. This august
Coneress would meet under other auspices; justice
would preside; the sentiments already manifested by
them already proclaim their decision; they would
meet the wishes of the King, a wish, that, from•the
example of his august Family, was re-echoed enaui-
Toasty throughout France.'
*After stating thatihe most perfect tranquillity pre-
vails in France, love for the King, fiche went on,
" But that the favourable arrangements of the
Treaties may be executed without obstacles it is
Weed) Ddeuieary to provide for the discharge of

OM la still due of the '00,0004)00,
pay en*er Article 4, of the trent), o.
vember. The King, confiding in your
licipate the term of the entire liberation
has charged as in consequence to des►
eventual credit of 21,000,000 francs.
credit eventual, benese the employmeni
depend upon the event that can alone
COSssry, that it to say, the evacuation
tory."
The Dote concluded by presenting
Project :
6 6 Lo? • atc.

JUIS.
" Art. 1. In order to provide for the
ire elevation of the Treaty of th• 30th
and of the Convention of the 20th Nov
as relates to the mow of Mb Debts,.
France anterior to that epoCh4 out of IL
tory, there shall be created and itittribed
Hook of the Public Debt, with Disklongs.
March, 1818, a perpetual Reute of
francs, representing a Capital of 320,800;000
" 2. There shall be opened to the
stance • Credit of 23,000,00() of Rent( The
wernment is, therefore, authorisoci tomer
to be inscribed in the Great Book of the
Reifies to that amount, which shall only
for the purpose of completing the pa:
sums due to the Allied Powers ender
Treaty of the 20th Not. Ma.
" 3. An account shall be.rendered,
of the Sessiols of 1818, of the measures
the above Art. 2.
(Siened)
Date:; 25th April, lead.

" LOU
• Kir

•oe The Letter of K. C. upon the new Country
has bees received, but some of his moat',
paled a few days since. Our Correspondent
the principal objects which the CNA/remota
csEqurat has in •kw by the arbitrary
posed, vis. that of increasing the circulation
Englund Paper. and upttoldion the
Fund 4 t as nothing short of this mold .
VawserraaT to quarrel . hi old (dead.

ASCSNSION DAV.—Hohday la she Pia,lL