The Statesman.
London, England, 1818-11-05 00:00:00

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11111-

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Portuguese vessels, among which were three
India-
werr of KIP.' 'Niue. This privateer is said to hare
brootht intto this port upwards of 200,000 dollars in
specie. •
" The Portognese Corrsol-General has commenced
'sundry suits, to eildeasour to procure the restitution
,of come or this property. lie is SOO In have attached
a -quantity of apecie deprotited io mien(' the banks,soll ,
1n have libellp.l a law Portuguese ship andcargnoshich
lately fostered this port as a prize In the Fortuna : he
bea,*howeier, directed prosecutions to he under-
r-lielt leo egairtat rhereluted owners of the privateers is
'this di, In tilegrVer trop value of four of Oro captures;
.411 A the Joidge-of the district Court has ordered tiled*
to give hail each to the amount of 580,000 dollarst
The following persons have been held to bail—John
S. Skinner, the Postmaster of this city ; Ileribese
ihiurres, the Sl•erilf of 13061110 re county ; Joseph
Karrick,
.John Synder, and Joseph Patterson.
The affair hos a;somed a serious complexion;
and ita the Conant is auccvs.fol, .as' can scarcely be
olotibterl, most,- frotwthe magnitude of the claim, be
attended with almost eprtsie ruin to the parties, and
prOhittly to their bail, who, it is amid, are liable to
the fall amount of whatever may ha the recovery
argeinst the ;owlet's prosecuted ; there being in this
• rettitect a difference between the Admiralty Law and
• the "mason Lair. The same persons have also been
wrtested upon a criminal charge of violating the Act
Congress, in putting out the privateer 4.h of July,
,and have been held to bail by order of the Judge to
-attend their trial in November next,
• TUE ANERICAN FUNDS.
•
A depreciation basing seen experienced in the A my-
, Ikon Fends, considerable anxiety was excited in the
• publir mind by this enforeseen event ; we have coo.
:aid...A.4 it oar duty to tarn our attention to this its.
portant subject.
' About thts time last year, American Stock was
•telliug in London at about 106 per cent. and their.
Rink Shares at an advents of so per cent, ou the
prime cost, even before the President's Message had
been rereited in this country. Nothing could be more
brilliant than the financial prospect laid before Con.
g,.,ss —nie statements exhibited that, after paying
,11.1 the civil and military sixpences of the Government,
fortificationa, increase of the navy, and interest on.
the public debt, the United States Treasury bad b.
eurplus of six millions of dollars, which, by adding
.241 milli. us to he received in 1818 for bonded duties
.accrued i.t 1817. and other internal revenue, ea•
lorded the receipts for 1818 to 3of millions of dole
bars, front wlttit, deducting 21,800,000 dollars for,
1101011.41 charaeo of the Gmternment and Sinkiiig Fund,
a PUriON, at 111,. tanner PA of the cutrent year would
71111 I,p lett of 8,700,000 dollars.
s•lch Ism. the pro:uteri held nut last year, and, ea
the si 'pooh of it, the Kinle of the Louisiana Debt
-was In be pai.lite 1819, and the other Loans in 1845.
It was further pieti.A that, in 1830. the Untied
Stain, without any land, property, or assessed times,
'would be fre'ed (tom all footled debts, with the' et-
ception of the Three per Ceots, which it only a trifling,
sum, and not redeemable
at the will of Giocecoment,
In short, the grand total of rite United State* Na.
tingle! Debt nn Ist Jimmy, 1818, amounted only to
about OR millions of doll:Ars, hardly twice the annual
amount of our Poor Rate!.
With an nattering a prospPet before them, many
capitalists in Europe iniested their property in the
American Storks, and in shares of the Book of the
United States. By the last accounts the former are at
par, or six per cent. lower than last year, and Bank
sill comparatively lower. Tote cause of this
unexpected depreciation has alarmed many people,
and given flan to a report that American Rank Paper
is at a discount, and the whole Paper System under
discredit.

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Y !w~ t,

That the depreciation certain cannot be denied ;
be' the heat informed persons do not attribute it to
ay iliscrerlir. Of all national finances it may he said
that none offer • better pledge than those of the
Urited States—lit. On account of t►e inconsider-
able amount of the funded debt, which, in the course
of a very few years, must be extinguished ; and, 2dt-y,
On account of the rising prosperity of the country in
its population, agriculture, manufactures, and corn.
raerce. The above pursuits evidently leave larger
profits in America than in Europe, and consequently
people have subsequently engaged their capitals in
them, am) by withdrawing their property from the
Stocks have causal N fall in the prices.
The rust dividend declared on Bank shares at Phi-
ladelphia, was 4 per Cent. for silt months, the second
at the rate of only 31 per cent.

FRENLII PAPKRS.
-............

PA mu, Nov. I.—Yesterday the King received the
Portuguese Ambassador, Marquis de Mariales, and
took as airing at three o'clock, on the side of Vin-
cennes.
The Duchess and Mademoiselle d'Orlesos visited
the K•tia of Prussia, *4 one.
THE DUKE OF Fwerta.—We just Yearn, that Mar-
shal the Duke of fe..ltre is dead, at his country seat
of Neuviller, neer &teem', in Alsace. M. Clarke,
Duke of Fehr', descended of an ancient Irish family,
was born at landrecies, Oct. 17, 1755.
The new mail carriages have been constructed in
the working.rooms of the messageries ?pies, with
great haste. These carriages are light in their form,
commodious and solid. The first started this day
ifyr Thoulowee. Each carries (oar passengers, at a
franc and a half per post.
French Funds.— Fire per Cents. 71f.60c.
CilnliTIANI A (NORWAY), OCT 7.--The Deputies
elf the States-General of Sweden, who were present at
the Coronation of the King, at Drontheim, have in-
sectel the following article in our Papers:--
"The Deputies of the States-General of the King-
dom of Sweden, after having fulfilled the honourable
and satisfactory task of assisting at the Coronation of
his Majesty, in Norway, bring back to their homes a
delightful and strong recollection of the happy Jays,
which they passed in the midst of a People of bre-
thren. Witnesses of the love and respect for
the King, and his illustrious heir, which the Nor-
wegian nation share with their brethren in Sweden, it
istheir duty to communicateit to their conntrymen,as a
pledge of the prosperity and tranquillity, which we
ere permitted to expect. We return to rue several