The Statesman.
London, England, 1823-11-08 00:00:00

THE STATESMAN

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Kitt IP.4,tateOntan.

SA ru U.DAY FX EN 'NUL NOVEM BER 8, 1823.

STOCK' EXCHANGE, 12 o'Ct.neK —Consols opened this
morning rather henry, at S2l, but soon after they began to
rise and are now 831.

We do not bear as yet of any Express in from Paris,
although a report prevails that the French Funds have
come lower, but the report cannot be traced to any

authority.
There is a considerable failure this morning of a great
Alley speculator. This has caused some long faces, both
in i the house and out of it. It is understood the Greek
I Scrip will make its appearance to-dAy.
FOREIGN Fuxus.—There is scarcely any thing doing,
except in Spanish and royals,
New Spanish, 20i to 'l.l.—Old: g. z to .Q..—Colombian, GI
to I.—New Poyals,sl.—Old, 7 to 67.

The Orilla:nine, a paper devoted to the Russian interest a
and published in Paris, contmils that the spirit of the
age in Spain is favourable to the Inquisition ; and that

the restoration was demanded in an excessive zeal for the

purity of their religion! This statement does not :moth
agree with the fact, that it was abolished amidst the
general cheers of the people, and without one solitary
hand being raised in its defence. We are aware that the
populace of Spain is not very far advanced in the enlight-
ened acquisitions of Europe—that they participate but
little in those feelings which in other countries form the

spirit of the age ; still they ishewed no very obstinate ad-
herence to the prejudices which had been caned insur-
InountAhle; and since it required the presence of a hundred
thousand French bayonets to restore the inquisition, it

seems too much to contend that it is any favorite
even with the lowest portion of the populace of Spain.
Neither is it trite, as this Paris Journal asserts, that

Ferdinand has any hold upon the general affections of
the people. Of course, the party which sees iri his
liberation the prospects of honours, rewards, and emolu-
ments ; with impunity for all past and encouragement
for all fattier outrages against common sense, this party is
clamorous enough .—having a very great affection for its
own interests, which are thus materially advanced.—The
whole herd of lazy Monks, and all the dependants of the
Church, though totally incompetent to recover their eta'

don without the assi.tance of a foreign force, are cer
tainly pleased with its recovery ; and as it has been
effected in the name of the King, they join their voices
to those of the clamourers. Every one interested in the
re-establishment of unabolished abase, are the friends of
the restoration for their own sakes ; and there are a host
of ignorant dupes, who were accustomed to be fed at the
Convent gates, and longed for the distribution of their
daily meads; not seeing that they gave to the Monks
ten fold what they restored ; and thanking ther ghostly
plunderers for the refuse of the abundance which pas
stolen from thepeople. Amongst all these classes certainly a
great agitation has been raised, by the succets of the
French arms ; and by a policy never olyer.e.l before, lut
essential to the ultimate designs of the French army, the
mass of the Spaniards have not been subjected to the nsual
hardships imposed by the pressure of a foreign army.— !
France had a more important object in view than to over-
throw the liberal Government ; and perhat s if the preserva•
tion of that Government had been compatible with their
other designs, they might bare preferred it to the uncaging
of that fury, Ferdinand, who will yet give them more
trouble titan they would choose. The great purpose of th e
enterprise was to destroy the English ascendancy in Spain.
and Portugal ; and to unite those countries to the new
Continental system. With liberal institutions, Spain and
Portugal would be necessarily our allies, in all disputes
and this would have enabled us to hold the Continent
greatly in check :—and the advantages which their
alliance would have conferred upon us in war,
would he as incalculable, as the mischiefs which
their alliauce with France must entail upon
us. To conquer Spain was net so much the business of
France as to conciliate it ; and the French military chest
always well furnished, and liberally opened, was marched
as the great pioneer of the French army. The delay width
took place in the invasion was solely owing to the length
of time which it took to collect the necessary sums, wide,
have been distributed with so lavish a hand The Spaniards
have been called upon for no contributions.—Not a ration
has been demanded, without payment; and not only have
the French soldiers been maintained at !their own expence,
but even the vagabonds.and ragamuffins of the Faith have
been clothed, fed,.and paid, from the French resources.—
The pretence of fighting fur Ferdinand, also diMinished the
natural dislike which all countries feel at the presence of
foreign armies, and the advantages of trading with
them diminished it still more. Spain is subdued, and
almost pacified. England is doped, and a fatal blow has
been struck in a mortal part at her interests. Even the
,liberal party in Spain will now become the enemies of this
eenotry,because it has not only afforded them no assistance;
Mt because it has lent itself to the designs of their con.
querors. They perceived that our neutrality was the re.
I,sult of a cowardly fear, even to assert our own rights ; and

they turn to France as more generous; and more sincere.—
There is another step now to be taken, which whether it
succeed or not, will reader the French extremely popular in
Spain. We mean the attempt to reduce the colonies, or part
of them, to their old dependence on Spain. The Spaniards
could never brook the idea of losing New Spain. The
populace called it treason, to propose the acknowledgement
of their independence ; and even those who ought to have
known that Spain could not maintain her ancient authori •
ty, partook of the general reluctance to surrender in a
formal manner the claims Which could not• be enforced.—
The assistance of France would put a new face upon affairs•
Perhaps France could not entirely reconquer the colonies.
But it is certain that if she puts forth her strength in
aid of Spain, or in her own behalf, that she
can take the whole line of the sea coast. An
army of 30,000 men, with an adequate naval force, would
be irresistible, at any point which they might attach,
unless England were to interfere on their behalf. There
must be something like equality of physical strength, to
maintain a resistance; and the New Governments, are not
yet in a condition to cope with a country possessing the
resources of France, and commanding the money-market
of England to render them availabl►. If France had not
assisted the North Americans in their struggle for inde-
pendence, the result might have been very different; but
the Bourbons were true to their own policy of crippling
Eaglatul ; and they succeeded in creating a formidable
rival out of a mere dependency. Oar ministers, with a
degree of forbearance and magnanimity hitherto without
a parallel, are lending themselves to the extension and
furtherance of the policy of the most inveterate enemies of
this country; as if profligate expenditure, and a corrupt
system, were not evils of sufficient magnitude—ue have
undertaken to sink ourselves still deeper, and to accelerate
our fall by some ages; by countenancing and assisting in
measures fraught with mischief to our interests, and
with consequences destructive of whatever efforts may be
found necessary hereafter in the necessity of self-defence.

Ferdinand of Spain is solely taken up with the mann-
facture of decrees. We have one at every place where he
rests on his journey to Madrid, and they are truly worthy
of their royal origin. One dated Cordon, of the 25th
tells us that his heart is always disposed to cherish those
who have "had the good fortune to have been born in his
rase dominions." Petticoat embroidery seems to be
abandoned by this precious slip of royalty for the fustian
trade. Kings are celebrated but seldom, with any truth,
fur wisdom; but this is a very mountebank of a prince,—
a royal clown, who should be placed at the door of the
palace, with a salt box and a rolling pin in his hand, to
make the people stare.

The Costrier has begun to talk in a very warlike strain
respecting the expected attempt of Spain to recover her
late colonies; saying that we ought not to regard the
decisions of Congress, or Continental Monarchs, who are
jealous of our commercial advantages, and pretend to dis-
like the new systems of government, only to make an
opportunity for attacking our interests in that quarter of
the world. This •is all very true ; but it comes too late.
We might have defended the Spanish Colonibs at Cadiz;
but we are not so certain of defending them successfully,
in the New World, supposing that Russia, France, and
Spain, agree to attack them, and divide the spoil, which
will doubtless be thecondition of the treaty. At any rate,
we cannot interfere without going to war. The continental
Powers would laugh at our remonstrances. A word would
have saved Spain in January; but a million of words
would make no impression now upon the lloly Allies.
Indeed, upon their own principles, our ministers cannot
pretend to any right to 'speak. The balance of power, in
Europe, gave them a right with regard to Spain, which
they have not with regard to the new States. Besides, they
had a power with regard to the first, which they have not
in respect to the second. Spain might have been defended
with but little cost. A fleet, which prudence demands we
should keep afloat, would have been as well placed in the
harbours of Spain, as in onr ports. To have prevented the
blockade of Cadiz, would hare been to have saved that
important plaice. But in the south, the distance of our
supplies, the immense territory,. and the unconsolidated
nature of the various governments, offer invitations to
attack, and paralyse the means of defence. Hitherto the
Colonists have been successful, upon the whole; but
when it is remembered what trouble, and what time,
has taken them to put down a few thousands

of Royalists, placed in the most disadvantageous
circumstances, it may be easily imagined that a force
which France could send out, would be able to maintain
its authority in the New World, as well as in Spain itself.
We are satisfied that the object of France is to provoke e
war with England, without having► the odium of being the
direct aggressor.—This our Cabinet is beginning to per-
ceive; and the Courier is preparing the public mind for such
la result.

There is a report, and we trust that it will prove a true
one, that in order to remove all possibility of doubt respect-
ing our recognition of the independence of the Smith Ame-
rican States, Diplomatic appointments of a still higher
character than those of Consuls, are in contemplation of his
Majesty's Government.
The Guzetas de Colombia, of the 27th of July. and of
August 17th, have come to hand, the former cont3inine a
treaty of alliance and confederation between the Republics
of Colombia and Peru, concluded in the Ciudad de los
Libras de Lima, on the 6th of July, by Don JOAQUIN Alos-
QUERA, on the part of Colombia, and D. BERNARDO MON-
TEAGUDE, on that of Peru, which was ratified at Bogota
on the 12th of the Paine month, by the Colombian Vice
President SANTANDER. The general purpose of this treaty
is declared by its title—a perpetual confederation fat
mutual defence. It contains a clause expressly providing'
that all the other States of Anierira,former/y Spanish, shall
be invited and urged by the contracting parties " to enter
into the present compact of nnion,hond, and confederation."
• A simi'ar treaty has been signed between Colombia and
1 i Chile. •