The Statesman.
London, England, 1822-01-02 00:00:00

.

r

A •

asinutio6la the quantity of carreney &desk sod if this
lowering of prices? The rein and misery of a great
pan'attle people, and the ideal sterritiou of many.
Theme are the imitable consegaesees of lower*/
of prices by the means of a Adige in the value of
money t sod, it is clearly sees, tbatneh change must
be effected by a diminatkosof its quantity. Suppose
me to be a Haberdasber. I have usy Asp fall of
goods, as many as 1 shall sell is a year. i lay in my
stock to-day. It aesonatele tl.rte thousand pounds,
two of which I hart credit for. lf deal in glovesonly,
and they are laid to by inlet 4s. I begin selling. -and
441 thilliegs a pair give me a good profit. But, at
the end of the month, the Bask goes to work to pre-
pare hi Cash payments. It draws is a great deal of
it! paper. Money becomes scarce. Prices fall. 1
tan sell my glovnill only 2s. • pair, and I am done
for at a blow. Thne It mast be with the farmer, the'
manetacteree, and withivery parses engaged in trade,
Ito spatter of what sort. A mho borrows a thonsami
pounds today neon ahem swill two thousand.--
Nast month the Bank dams in its paper, and the
house is not worth one thousand... He loses his hems,
for ever. Another dim to-ally, leaves an estate to is
'Son worth three thousand points, with legaeie4 to
pay oat of it to the amount of fifteen hundred. Be-
fore a sale of the estate takes place. the drawings in of
the Bank have lowered the word of the estate-to use
thousand. The legacies can be paid only in part, sad
the Son is a beggar. Wheat is 15s. a bushel, and a
may calculating upon teat price, rents a farm at a
hundred a-year. The drawings in at the Bank bring
'beat down.to b.& bushel. The man cannot pay his
rest, his stock ii seised and sold. Ile goes to gaol,
ad his family to the poor-hone.
' la the meanwhile, tilers is so money to pay the
Journeymen and Labourer. ittnploytnent cannot be
hid; and starvation follows. However, men do not,
in very great numbers. starve to death, without an ef-
fort to save life. • Hence r.bheriel and thefts : and.
to prevent detection, come murders. This is the natu-
ral, this is the inevitable, progress.'
P.S. To the above extract from Mr. Cubbett, !shall
nal, add, that the Duty on a barrel of Barley malted,
Wooer more than lbs.; so that allowing ten barrel,
of Barley tett', acre,tbe Fundbolders receive 71. 10s,
an am, for 1!. Is. the landlord receives, (at least ia
my case;) and of the Landlord's rent, half goes also is
direct or indirect lases. Now, Sir, I ask, on which
of those two rests the reduction ought to take place ;
in sewn f the fall of prices, on the Food-
holder's rent of 71. 10s., or on the Landlord's rent of
I!. 2s. ? Sbpuld the latter be reduced to nothing, sad
the former remain untouched ?

RATIO AT tomnon-nnipos TiV• W.
Morning 6 in. after 9.—PlvehlWileia. gator 0.

PRICE OF STOCKS THIS
Rant Stook ..... ...*.
per Coat. Rod 761 I
3 per Cent. Co
34 percent
6 per Coats 9.11
per Cents. Natty.......
long Coat. Ana 192.161
Insp. 2 per Cwt 73ii
Irish 6 ear Coat

I DAY Al' ONE O'CLOOIG
I ladle Sleek.
Dino Ronda .a ..11 s. pm
ISouth Sea
South Bea Old Ann.
E. Hill 9d. IMO:. par 9s. p
----SOUL par ts.ra.
--Small Is. 3s. pea
India for ditto.
ICon. for Aret.....77111
Loll. Tie1et5.......40. Os..

LONDON:
WEDNESDAY EVENING. JANUARY 2, 1822.

STOCK EXCHAN-6 E, TWP.LVE O'CLOCK.

Time is nut much business doing, though there is
a report that an express has arrived from Paris this
morning. Coosols at present are 7711.

Baltimore and Norfolk Papers arrived this morning
to the 7th of December, from which we extract the
following :

HAVANNA, Nov. S.—The Commissioners sent to
treat with the Independents of Rio de is Piste, rc-
turned to the Spanish capital on the Ist of Septem-
ber, without having accomplished their mission.
Wasuseaeots. Dec. I.—Official letter frees Com-
modore Sinclair, commanding naval officer at Norfolk•
to the Secretary of the Navy :

" I baye the satisfaction to inform yon. that the pi-
ratical schooner Moscow, prim' to t►e UAW &Mei'
ship Hornet, has this moment anchored in thebarbour.
after a passage of 28 days. I herewith forward you
Capt. Henley's dispatch. Fourteen oat of thosineteen.
composing the crew of the Moscow, are retained on
board the Hornet ; the remaining five are-rrith tits
schooner.

PHILADELPHIA. Dsc. I.—Captain Lamson, of dm
brifilelviderz, arrived from this place from Cape
Ilzytien. In lat. 23, long. 70, discovered • wreck
bore down to her, and found it to be a British
schooner from Digby, N. S. bound to the West Indies
with a full cargo, and had been capsized in • heavy
gale when ten days out, and lost the mate and two
seamen overboard. Captain h. took from the wreck
the Captain and three men and landed them on the
North Caicos.

Retract of a letter from New South Wales. dated in
May 1821 :—We bare had four Russian and two
French ships here on a voyage of discovery. Their
object aware to have been to explore the western
patt of this country to effect settletneats ; but it is hoped
they will not succeed. as at some future time they may
become troublesome. The General Gates, Captain
Biggs, which had been detained by the Government for
having hemmed the port regulations, sailed about six
months ago for New Zealand fishery, and it appears
that tea convicts effected their escape in her, and
Captain 8.. it is said, after leaving the port. seat a
letter to the Governor, informing him of his having
taken them on board. A king's ship. on the eve of
sailing to the Missionary settlement in that island.
was ordered to search, is which he succeeded, and

NO,

• y{~ 3

1 1., i

old
have
liberated

,:,46.1
TIRO papers that were doe to the 31st have
savir'fbit of litterlay contilis a detail of the die.
cassias which UNA place in the Chamber of Deputies
the prectidini day. and of which we gave a brtef sc.
count (soma private letter in our last. This diwas•
shim was regardad is Paetwwith interest, not so mach
from the importance or Wpgaitude of its subject. as
from the pesisilar state 1 affairs at this niouseat is
France. It aro... it•*111 be remembered, out of a
Report on a petition 1 i
...11. Crestin. an arocat,
who complained' that the lase Keeper of tlis Beale
caused him to be struck or .the evils by Aloe of
the authority analysed so hie by a Ifeeroe
of the 14th of December. 1810. The ground on
which he took this step was. that *. Creeds bad

written a defamatory paper against one of the Judges
of the Court In which Its was engaged. In apswer to
this. the petitioner alleged that the Decree on which
the Keeper of the Sealtrelied was not sanctioned even
by a Law of Exeoption, bet was created solely by ab-
solute power; and that the 63.1 Article of the Charter
having abolished all such irregular commissions and
extraordinary tribunals, had annulled this assumed
authority of the Minister. Ibe Committee pro-
posed that the petition should be referred to the
banister of Justice. M. de Martignac then en
tered into some account of the history and con-
duct °tithe petitioner, whom he stated to have been
long a respectable member of the profession.
M. de Girardin maintained that the offensive precise-
tios was not written by its swims in Isis professional
capacity, and that if it was censurable it fell pro-
perly under the penalties enacted for delinquencies of
the press. M. de Coo rvoisier denied that the article
of the Decree, under the authority of which the Mi-
nister acted, bad in any way been superseded by the
Charter. and proposed that the Chamber should pass to
the order of the day upon the petition. M. de St.
Aulaire observed, that the Minister might merit re-
prehension, under certain ci rce meta nee*, for exercising
a power so exorbitant as that said to be conferred by
the Decree of December, 1810. M. de Serer, in de-
fence of his conduct. urged that. from the cesurtitstion
of the tribe nale, there were many cases in which it
was part of the duty of the Minister of Justice so per-
form the fenceless of a Judge. and amens' the twit-
ters which thus fell under his cognizance was the pre-
servadoe of the secesiary system of order and discipline
amongst the avocets, for which purpose the requisite am•
tho►ity had been gives to him by the decree in question.
lie had never exercised the power, bet when there was
no alternative. The affair of M. C restin was of this kind.
In conclusion, M. de Serra observed. that be felt in
common with all enlightened men, the necessity that
the laws should be reduced to harmony and system,
but this was not to be done by one sudden effort, and
whatever laws might be in force, it was desirable that
they should be respected. M. Manuel attributed the
Decree to the tyranny of the Government which ex-
isted when it was issued. The Order of the day was
moved—all the left side voted against it. The mem-
bers were, la fur—and 135 against the motion, so
that it was only carried by 7. It was remarked that
snore than 12 members of the left were absent. The
Ministers did not vote.

These papers contain no futh er advice. from Spain
than those we stated yesterday. The accounts from
Zante, of the 30th of November, r.present that island
in a most agitated state. A great number of the
p is had been coodemned to death, and many
of the inhabitants had banished themselves. In
Smyrna and Constantinople the Christians are a
prey to the ills most dreadful sufferings. On the il
of Nov. the Consuls of the European Powers at the
former piste p ted to the Turkish Authorities
an Oficial Note, representing the danger to which,
their countrymen were exposed from the discord's
which reigned in the city, and the excesses of,
the populace. They attribute these evils princi-
pally to the opening of the taverns, where the laws
of 3lahometanism were grossly and openly violated.
A civil answer was returned to this remonstrance ; but

it had not produced the good effects which had been
expected from it. It is stated that up to the 3d of
December the most frightful atrocities continued
to be committed by a baud of ruffians, who
were bat few in number compared with the
aggregate of the population. War, it appears.
has been formally declared by Turkey and Persia, and
the fanaticism of the Janissaries has been shewn at
Constantinople in repeated Hawses a of the unliffend-
log Greeks. Even the rrsidenee of the English Aui-
bassador has not been held sacred by this ungovern-
able rabble. The report of the assassination of the
Crawl Seignor bad produced, it appears, much sensa-
tion at Vienna. A mercantile house of that 4.14,
however, bad received advice. that up to the 29th of
November, no disastrous event had occurred is the
capital of the Turkish empire, except some confla-
grations. under the cover of which the Asiati.
Turks attempted to plunder wine homes in the
Basar, but were severely rep ii. The red flag,
bad actually been hoisted at Belgrade, and this
circumstance ►ad given some weight to the sinister
reports circulated on the Austrian frontier.—
But the Groan for the war against Persia is the sole
reason for the measure adopted at Belgrade. and fur
the disquiets& which As iahabitants manifested an

peace. The fends, which had Liles at Victims os the
16th and 17tb, in consequence of the saws ken Con
etentiseple, rose on the 18th se Son OS AO false
h. co! of the reports wits seeertainedt •
_Tie s~set of the inelispositios of the of
Prance swore, front the Paris pipers, to Lays had
se foundation. Os the 291 h, his Majesty heard
Mass is hie sports/tests, nod efterwarda trammeled
lithium with M. de Lewiston. Minister of the
Gosseliol4 ; and is the afternoon with M. de Vil-
lel., Minister of Fisasee. He also gars audiences
to Madsen de Sorgan sad the Countess Rapp. M.
dielCholeeol sad M. de Boisgelis, who have gives
in their resignation of their functions of Major-Ge-
neral sad of Adjutant-General of the National Guards,
bare bees replaced by the Count Jules, de Pongees
and the Viswent Sostltene de la Roebefoults
The reports that bad piswiledi sad the agitation
they had produced is the Ifesele:inarket of Peri% eq.
pear, front the following paragraph, which was first
inserted, in Vie .11essitearr of Friday, and afterwards it
all the other papers, to have excited is the new 1111-
oistry no little apprehension

blalevolenee has gratified heel( for some days past by
circulating various reports. tending to disturb the tran-
quillity which France enjoys. and to shake pabliecredit.
if we are to credit these rumours, armies are about to be
assembled at the foot of the Pyrenees," bat DO autho-
rity can lm quoted to unction these wanton h.
hrications. The tiovernosent has assembled on
the frontier of the Pyrenees. the troops strictly
necessary for the formationof a Sanitary Cordon. This
Cordon will be maintained is order that no seturitymecy
be wanting against the introduction into France et the
destructive scourge which ravages Spain.

This paragraph, however, bad not the effect of
keeping •p the foods.
Saturday. the 5 per Cents. left at, ace irding to out
paper at 83f. 50c., and according to another. at 82f
50c.

We are happy to learn from the Irish papers v
rived this morning, that the account of " the atrocious
murder," we received yesterday, was the work of a
base fabricator. That there weld he any beings se
diabolical as to propagate such inventions, teethe ma
lignant purposed exciting alarm anal prrjndice evilest
the deluded pessaatry of their Olivesl country, we
could scarcely have conceived. They mast be ialleitely
more vile than any of the unhappy men whose caws
have been tried at Limerick. It has been well observed,
that 17 the proceedings of the Special Consinlssion,
it has been demonstrated, that the Limerick bromine-
Ono was bat the desperate and Isolate* einievi-slio

prasasstry, operated upon by local Cause/ of iPP I tttttt
Ilst.for the acts of their calotnaia.ora and oppressors,
no excuse ca. be made. The Dublin Morning Poets
which has distinguished itself by endeavouring to pat
down the alarmists and fabricators in flublio, does not
repeat any of the accounts of ether outrages we yester.
day extracted from another paper. but it states with
regret, that it was understood that an affray, attended
with fatal results. took place at Ballygrasa, in the
county of Limerick. as Christmas mcruieg.

It appears that every act of Insubordination which
has led to the usual penishesent of banging in [re-
-1 ind. has b en totally unconnected with politics, and
has grown out of the cruelty of absentee agents.
rach-rents, the extortion of parsons and tythe-farsners,
lied the tyranny of petty magistrates. It is now said
that the landlords are coming forward to reduce their
rents, and the parsons to abate their tythes. What
those vermin of tytke-proetin a who have leases of
'yams may do, is quite another thing. We neither
thank theleodlords nor the parsons for giving up what
they could not get ; their liberality Mlles with a bad
grace. sad they make their offers now because they
cannot help themselves. Had this enforced eonees,ion
taken place sooner, those pitiable victims who bare
left widows and children behind them to starve Of beg,
would not have been driven to those breaches of :Lehr
which brought them to an untimely end. Nor would
those nocturnal assemblies have continued which still
disgrace Ireland. We remember the hangings and 'leg-
gings that produced the insurrection of SA—we re-
member the removal of a CALDIIN. and the importa-
tion of a Coerce/Awe. The measures of the latter
tended to arrest the misrule of the former, yet be was
removed, and for what? Should the sppuintmeut of
the Marquess Wer.Lesies prove useful, we hope no
petty jealousies will be interposed to render his mea-
sure ineffective. . change in the head of the tio-
vernment of Ireland was certainly desirable, for if
Lord T would quietly hear or join in an
Orange toast which was not of ly obnoxious, but
which his AIAJESTII ii.sd reprobated in his letter
to the people of I reload, an acknowledgment is as sorely
indicated that be approved of the Orange principles.
Under this impression the abused andinsulted victims
of miarrle most feel additionally grateful to the Knie
for his Lordship's removal. Many symptoms of sa-
tisfaction at the change have been manifested by the
preparations to receive the new Governor, on his land
ing in Dublin. They cheris.t a hope that their noble
Countryman is shoat to deliver them front many of these
oppressions to which Ireland has to attribute its
degraded coodition. We are willing to entertaia a
liberal opinion of the Noble Marcuess'a appointment,
though we expect bet little, so long as the preseot
system soder.... The Irish people exidently form
veld a;.;Seipatiass„ The general joy on the arrival
olds.. Marquess, nearly equalled that. en the. landing
,of his NW iiSTT at the same bathos* (Howtii).

•
THE STATES All•
11Preftiwdl. omildff th, aiieisfiode of i.ootif. fie bolsi:1111ra' soy;
spiritism of tide elate, siese. do sot reveals he her * ' I
f didree. but us pet as sad es altogether.' 4. What the onass aim b lib
Ithen
oralbo sioaggifddio aosooqualos oft great di- h•eeal: ,L..,;;;--;;;;;;;:.___.
_ _

, t
4i ; i
• , _.• .
• I,' . ) ). 1 •
eiMIEBONg*E.- -----.......4.-.2._.1A111
1
theraiellebo no doubt of diet ocrosioo. Lila' Walachia is evacuated by the
thi, e na. karat that kfussitimsu forces. sad the Turkish frontiers on the
41 as IMColgate. own wide of Austria are stripped of troops as in a period of