The Statesman.
London, England, 1822-07-17 00:00:00

STATESMAN.

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as mach es two million a year. The whinkawiag of so
large.a deluged must necessarily have a material effect
on prices. It ntost lower them; and they could be re-
stored only be a tauten to the same seals of pablie ex-
penditure. ff we were now to be an improvident as to
'embroil ourselves in a contest, be had no doubt that the
renewed demand of G wont would cause a rise in
the price of agrieultrusi produce. Hat this surely was
not a mode to be recommended for the relief of the agri-
cultural dim rots. It would be • desperste remedy; and,
after all, a mare postposemeet *fib* evil day. hot the
Noble Earl contended, that the IGII bad • tendency In
re' race the measure of 1819. He (lard approved of
that measure, as esti of justice and wand policy, The
Noble Earl wished, asks called it, to alter the standard,
hat things might to be sailed by their right names. It
would be neither more nor less theist partial bankruptry,
by lowering the interest paid to the national creditor.
U. trusted the House would not defraud the creditors
of the public% by tolayisg tricks with the currency. The
lose* contracted daring the war had been contracted
upon an understanding, that when we arrived at a time
of peace, they should be repaid according to the ancient
legal standard. This was known to the landholders, anti
they bail now no right to complain. Bat the depreci-
ation spoken of bad not continued during the whole of
the war; and how therefore could Bey distinction be
drawn with regard tomtit bane as were contracted in
a depreciate earring'', and each tt wen not? The
Noble Earl, however, unneeded that we had Dot pre-
served the Sinking Feed, and that in that respect we
bad violated the public faith. But the preservation of
this tuna bee never keens part of the contract on any
loan. The reservation of pee per coat. had been merely
an understanding, bat the payment of the dividend was
an essential part of the contract itself. Ile contended
that we were bound by every principle of justice to
preserve •the Intelsat staodard, and that any other coarse
would be a attikinF off of a part of the National Debt;
and for this he maintained there was neither nor
necessity. He admitted that it was but • melancholy
consolation to say to a suffering class of the cousinuaity,
" You must new saffer in your tare ;" but was it not a
fact to demonstration that the public hardens fell, dor-
. . .

he war, sot on the original fundiwilders alone, but on
annuitants and mortgagees of every description? The
case was now reversed, and the agricultural interest was
beginning to suffer. He did not undervalue that into-
, rest. He would be disposed to bold the scales equally
I with respect to all classes: nay, if he were inclined to
''throw a hair him either scale, it would be in favour of
the agricultural interest. This Ise had done in the case
of the Corn Bill, which was a measure he disapproved
j of, upon general principles. But he looked at the coon-
' try altogether without regard lousy puked': interest;
and he was entitled open such a view, to say that the
wealth of the cosetry had not diminished though it was
altered is its situation. The increased alsoent of the
revenue and of the increased coassmption of exciseable
articles were, be should always contend, fair points of re-
ference to form an opinion on thissubject; and at these he
could lens with satisfaction and repeat that the solid
weath of the country bad not diminished. He was per-
suaded that thief; would right themselves, though be
admitted that this must be preceded by much distress,'
and much political evil. Bet this distress and this evil
could not be avoided without tampering with the cur-
rency; and as the different changes which had already
taken place on that subject, were described as evils, he
thought it would be more advisable (sow that we had re-
turned to the ancient legal standard) to change no more;
especially as such a change would affect onr honour and
shake our credit in the opinion of every European, and
indeed of every civilised nation.
Lord CALTHORPE expressed Lis conviction that it
would become the duty of Parlianient, and at some fu-
ture period, to revise the last measure ferreting the
currency.
The kArl of CARNARVON explained. he sever
could assent to the proposition of the Noble Lord oppo-
site (the Earl of Liverpool), that it had been understood
at the time of contracting for loans that the resumption
of Cash Payment was to have the effect as at present
frit, of altering the value of the currency.
The Bill was then read a third time, and passed.—M-
journed.

HOUSE OF OF COMIIOI6S.-TUISDAY, JULY 16.

At four o'clock the 3 counted the Members,
and bat thirty-eight being present, the House was ad.
jouroed.

PUBLIC DRFAULTERS.

A return has been made to an Oyler of the House of
Commons of all the defaulers iu the Government
Offices since the Ist of January, 1810, with the
amounts now doe to the Public by each defaulter re-
spectively. The List occupies 63 folio pnes. The
following is a list of some of the most important that
have occored in Ireland :

In the Tax Oioe, there is a list of 72 def./ahem in
various sums, from 40/. to 3001.
In the Irish Stamp Department there are numerous
defaulters. The following are fur the largest sums :
Edward Power, 4,277; Eliaabeth Fleming, 3,4 LSI. ;
James Henning, 2,063/ ; John Butler, 4,188/. ; Flor-
ence M'Carthy, 2,9931.; Edward Pardon, 2,7181.;
Robt. Coghill, 35,443/.; James Christian, 3,499/.; J.
Prentice, 2,1131. ; Charles Oliver, 2,827/. ; Stsn!ey
Lees Giifard, 2968/. ; T. Rorke, 2094 ; Richard Day,
2,0201. The total amount due by defaulters in this
Office is 51,716.
In the Irish General Post-Office the defaulters are
very numerous, but they are not for large sums; the
highest is Thomas Rorke, of Galway, fur 77141. In
the Irish Military Accounts the principal defaulter' is
Colonel William 1311111/110, General Recruiting Agent,
who Is a defaulter to the amount of 180,000/. of
which 107,000/. is in the 3i per Cents. and 70,0001.
3 per Cent. Consols. Sir Frederick FalLiner, the
Colonel of a Regiment which he rallied. also stands
debited in a suns of 2,6221 and John Hogan, Paymas-
ter of the Royal Pencibles, in 2,1911. uh;ch is, how-
ever, a disputed claim. Marcus Denims''', is a de-
faulter for 3,7301.; Peter Paul illaguirce, agent to se-
veral Regiments, stands as a defaulter fur ♦ationr
sums, amounting in the whole to upwards of 40,000/
William Shaw, Paymaster of the 97.6 Foot, a defaul-
ter in 9,3751. Richard Dominick O'Connor, 2,975/.
Christopher Clarke, 8,412, Henry Beaumont, 11,191/.
M . Taylor and Finlay, armyagents, nearly 6,0001.
and Charles Linder& Daniel, 2,999/.

~~~

An alteration is to take place in the uniform of th.
Guards, and all other infantry Regiments. The white
breeches and gaiters hitherto worn, are to be exchanged
for grey its. Officers to wear the same, only
with a gold or silver stripe down the sid.a, which is to
be considered the full dress of the Regiment, and to
be worn on all occasions, except Levees or Droning-
rooms.

The Callllo to which several of the Newspapers have
attributed poor EIIIIIT'S severe indisposition is erre.
loots, his disorder irises from a complete g I de-
bility, awl which, it is mach feared by the faculty, will
•ermioate upon the lungs.

f~ ~~ ~

• i

t

DEFEAT uF TUb; ARITINfg:a ut41(1,3 j;,
MADRID.

(►U*Tnaft PAIIIT:CL"LARS
The positiou of the Pardo Om old palace on the
other side of the i►lat.sanates, and not the
lie walk, as stated in some of the daily papers)
which the four imitations of the guards bad fled, war
too isolated fee the realisation of any plan for,i,e4 if
the servile parry. sea these battalions were Aer.itlei
pirated tutus the other two which still remained
the Palace, under eeriest of guarding the penes t.t
the King. All negotiations. fur a surrender havir;
prove/ fruitless, the lane battatione of renolt;d guar.;,,
pressed, probably by the want of Novi4ime,
whelp they wee cut off the moment they shut
mien np in the P.d.o, farmed the project of /matt.
ing the city on the morning of the 7th, at an earl
hour, conceiving that the militia a&f arme•l lett:Sc.
ants. who hall hems on ditty for several !lay. &A
nights successively, might easily be surprieed era
overcome. With this view they left their poiltion
the night, aid advanced to the sq•csre of the Const7,:.
tion, where they foiled four crimp:anis of militia, m
a detachment of cavalri, supported by two pieces
artillery.
The guards entered the avenues le-ding to the mean
at day-light, railing out "Long live the absol•re
King," anti immediately commenced a brisk fire et
their antagonists. By the time they bad dischar.rei
their pieces four limn, they had reached the lies Lc-
copied by the Militia, wires two grenadier compasiti
of the latter, and a company of Chaseenrs, cosomasM
red by Brigadier-General ?Mares, attacked them frost
several of the streets leading into the vinare, eat
considerable loss was experienced on Loth sides.
At six iu the morning, General Murillo (Wend a
piece of artillery to be placed in the main street, .1
prevent the retreat of the guards in that directism Is
the mean time the militia continued to fire upon lien
from the Len Condos, which compelled the
mutineers to retreat by the adjacent streets en the et?...
puaite side. The guards ret din two direction..
part towards the Palace, so doubt to join their toe.
emirs posted there, and the misers towards the more
of St. Domingo; both being successively charged Itq
the ►egiment of the Prince, crying out " Loeg hit
Liberty."
I

The King's stables, where the guards bad ediert•i
and posted themselves, were next attached by General
Montt!, the instant be could brio„ up the militia, awl
forced with fixed bayonets. Repulsed on all *We!,
the mutineers withdrew towards the Palace, where
they were received, among oth.zr persons of reek, be
the Doke del Wanted° and the Marquess de las Ana.
dila.). They then offered to enter into negociatioar,
rod dispatched one of their own party to the artillery
ground to signify their wishes. Notwithstanding this
offer, they sabsequeotly attacked some of the militia
posted near the house of Los Consejo', but they were
repolaed in a most •igorous manner. Without wait-
ing for the capitulation to be carried formally into If-
feet, the few remaining mutineers effected their re-
, treat from the Palace by the gate of La Vega, towards
Alamos, whither they were pursued by a party, of ca-
valry, accompanied by Generals Morino and Wage
On the Bth, all the remainiag mattneers surreisirred,
sad the Bishop, as we stated yesterday, performed A
solemn mass In honour of tka triumph pined, i■ pre•
sense of the militia.

PRICE OF STOCKS, AT C
Beni Stack ......
11pr Ct. Red ..
per Ct; Coss
111 per Coat.
Nei
Cents
New Fours 9B 71 81
6 perUest.l7V7
Long. 4 an 601
Imp. pr Ct . 76/
Irish 6 ma Cwt.

ARR.

111A1
DUE. I

INK O'CLOCK, THIS DAY.
India litoot. .
Ditto Beads n. 614.33. pa.
South Sea Steak '
Saadi Son OW Ana .
Ss.BillWOW .
.. i Is s po.
--AWOL do to pa.
es. es. ow.
Con. kor Asa' W':
j Lela. liakals 911. 14

1 lanblin - - 0
O Waterford - 1
O O. de Jersey - I
O Lisbon - - 0
O Gottenburg - 0

eke *tateontan.

" THG RRITI U STATUS/O." INCoRPORATISD WITS "TSB

ITAT W lILY."

LOA DON:
WEDNICSDAT tYIntNO, JULY 17, 1822.

STOCK EXCHANGE, TWELTE O'CLOCK.

The Fonds remain steady this morning, but u the
Jew party are very riser to make op their accOonb it
is supposed they are great Bears in Steck. Comets
at present are 802 ; Reduced SO and HI I. j fig
August.