Alexandria daily advertiser. [volume] (Alexandria [Va.]) 1803-1808, 1805-12-23


lated upon being Joined BY Rsaia, before the
French army could be In Italy, or on the Rhine.
| The extraordinary march and exertions Of France
have deceived Auaria, and disappointed all her
expectations and calculations. The hra cannon
appears to have becn fred on the 10Th Vsnds-
MARE, 7,h current, near Jim, where the Aaltri-
ans were defeated, having loft two battalions
complete, officers, folders, cannon and baggage.
This will tsnG greatly to encourage one atmy and
dcprc.s the other, and there is realcn to believe
shst the Autrians will be forced out Of che terri
tory of Bavaria and that the jsint army will en-
ter the AsRrian dodainioos before they can
be joined by sagls Ruiiian. There will be
rsiled here within Tx months, an additional az.
myof upwards Of 3oo,oso volunteers and con-
foripts, who will be ready 10 march wherever
their fervices may be required. This eouatfy
apPears 10 have power as pre- dominant by land as
thar of Great Britain BY iea. The probability
is, that AuRria will lole conGdersbly by the pre-
tent war, and that If Rdiia gains ii will be Tur
key and NOT France, that mutt fuRain the fcfs.--.
England has pu, off the danger, al leaf for a
timr, and prevented an insaaon, which even if
not iuccelsful, would prodscc great confudon in
the country for fhouid 100, 600 men have land
ed 10 difs, cot quarters no one can doubt that il
would have caufad great injury ard with the
Rect France now pohcaes and The ilamenfs num-
Der Of gun veHels, the thing appears to me very
practicable, that's, TO crols the channel. As to
the landing will express no opinion; military
men know belt. ~
The run onsthe bank is mentioned in letter
TO one cf your friends 1t now appears 10 have
been effected by agents from the other hdc of the
channel, as you will fee BY shcirpapers. Awiii
not produce tho efectsiayenard, thorgh il has
done injury and embarsHed i.diviloals. The
bank I'LL continues to pay and TO difcs unt :or
the merchants and bankers. A few days i think
will fop the run. A few banke rs who would
have had toldnefs and patrio,ifln enough to-
come forward and declare that they would
join to rapport the bank, would have Cop.
ped il in day; bat they did not, and il has con.
tlnued for 4 fortnight without intefmi6ion. This
ought to be lelfon to all banks to make a more
moderate dividend, 70 dilcounr lefs, and to iaue
lels paper. Iqueaion whesher any one could
Rasd fevefa run, though very falid.
An extract from the letter here referred to
is lhsjoiaed.
PARTS, 9TH Oct. ISes.
We are at this moment witneGng fccne
which may have great influence upon the com
nercc Of this country, and materially affect tie
fales of merchandise. The bank of Francs,
which is bauk of dilcount and depolt, and II
fues boses like other banks, has for fomc days
pait, and Gill continues TO have run upon il.
OF the cauie am ignorant. As yet they have
paid upon demaud all bilii to the amount of SOC
francs in fpscie. Thofe for 1000 francs they pay
one half 10 ipecie, and the other in paper. No
one doubts that the bank is fold, ard that large
capital weuld remain after paying all demands
YET every enc is ronnins to draw lpecic from n,
and in this way to ruin its credit. it not 60 def
troy the inaitu.icn ITSELF an istisution which is
rendered highly ufeful to commerce by lis liberal
dRcounts at per cent. per ann. 10 consequence
Of thcfe dilcounts there will at all times Dc large
fas in notes net yet due for which lpccie has been
advanced by the bank Upder fuch cireumltan-.
ces il would fccn impoAiblc for the bank 10 pay
all its Mates as prefented. What the refnlt will
be, few days more will probably decide
Should the bank be deareyed, che PariGans will
lamcn, their own folly, and repne at net having
iuppof,cd il. ALREADY dilcounts for 80 TOGO
days is up to and per cept. a month, for here
every one is at Liberty 10 charge as much ne
plcafes, and the bankers, one anu all, are engsg-
ed in that fost of commerce. None OF then
charge their correspondents lefs than shfee fourths,
and mcfE of them one per cent a month. But
notes offered at their hop they bargain for ac-
cording as money is mere or lefs wanted, and Of
conieqaence demand i, 7 IA, 2, or more, &C
scording to circumstances, the paper of other bank
era. AS this run locks up ali the tpecie. the
merchants on the leaboard will and iels credis
than before with theie bankers here, and fpetie
will in Ike manner be locked up in The proyin-
ces 70 that all trade will feel the effect for a
time. One will not dare TO fell and another will
dread to purchafe for fear Of the imPoalbilisy of
,procutiee means Of payment.
During this run not banker has offered 20
hejD fhe hank and 7 douht WHISTLER any one