The Statesman.
London, England, 1818-04-02 00:00:00

LONDON:

TUVRSDAY. Anil. 2, 1818.
New York Paper' to the 4t11611t. reached es this
forenoon-, hut they furnith no sews of polities! in-
terest. Toe Senate and Assembly of New York have
been occupied by Acts and Reports concerning
Attornies and Banking Companies, the restriction
of both of whom seems to be much required. The
evils arising from litigation and 'disordered state of the
'currency, which has been much aggravated by the On-,
jut horised emission of small notes,calledfacility notes,
payabie in neither money, country produce, our any
thing else that has body or shape, are Nell exposed
in the documents drawn up on the subjects, but it is
unnecessary for us to give them at length. The Com-
snittee on the state of the currency, in detailing the
abuses inflicted on the Public by a misuse of bank-
ing privileges, make the following appropriate ob-
ligations on an inconvenience which is felt in more
countries than Republican America :—" Qf all
Aristocracies, none roars completely enslave a
People than that of money ; and, in the opinion of
your Committee, no system was ever better devised
so perfectly to enslave a community as the present
mode of conducting banking establishments. Like
the Syren in the fable, they entice to destroy --
They hold the purse sttiogs 'of sneirty, send by mo-
nopolising the whole of the circulating vnediutn of the
country, they form a precarious standard, by which
all the property in the country, houses, lands, debts,
and credits, personal and reel estate of all descrip-
tion!, are valued, thus rendering the whole commu-
nity dependent on them, and proscribing every man
who dares oppose or expose their unlawful practices:
and if he happens to be out of their reach, so as to
require no favour from them, then his friends are
made the victims, so that no one dares complain."
•
• The alarming intelligence from India has received
further confirmation. Dispatchtse have been receive()
at the India-house, by an overland-express, announc-
ing the disagreeable intelligence that the Rajah of
Btaxn. had taken up arms against the Subsidiary
Force established in his dominions, an act which* is,
in effect, a declaration of war against the Company ;
and, it may be presumed, could never have been
thought of by the °GRAB, though a powerful Mali-
ratio State, without concert with SCISIDIA, 110LIEAR,
and the PytsuwA. The last Chief, though obliged to
.quit Poonah, is, it appears, still able to keep the field.
The Courier, in giving out this unexpected torn of
affairs, asserted, that the Marquis of fixsTrstos hod
commenced his operations by detaching SGINDIA from
the confederacy—and last night the same Paper re.
pests the auertion, that the over-land dispatch by
the way of Constantinople, confirms this statement
of &INDIA'S detachment. We fear, froM all that we
can learn, that it will turn out the contrary.—
SCI "DIA may temporise, but it is the belief 44 ai; the
persons best acquainted- witlt, India, MILO, .000.
federacy is deep-rooted, and that this burst-of the
Native Powers is the consequence of that
pollft Which Min upon Ilitar1717111:131:
ty, andichich our Goveratient cotetniAciesise'd to
; •
condemn, so much in rut witeossit Atm* ttperseee
the aggressive system by still lure jawed ;
• • seuesenine
French Papers to the 30th have arrived. \:T
Duke of Ricuactaw, Minister for Foreiges
' is said to have had en Saturday an audience of ill
King, which lasted for an hoar, and immediately after:.
wards his Excellency i" muted to isive wailed on
the Duke of Wra.t.issixon. No• unjestere is ha-
carded either on the subject of the audience, er the
interview. Ills Grace the Duke of Wer.r.teterox was
to give a ball, it iscaid, on !Mgt! of April (this day),.
preparatory to his quitting the French capital for
London. The Monifour contains the Royal sanction
to the Law determining the age which Members of
.the Chamber of Natio most hue engines:l before
their election, and Wag the time within-Which Depu-
ties who may be retained for two or more depict-,