Virginia Argus. [volume] (Richmond, Va.) 1796-1816, 1815-08-05
From the Democratic Press.

translated from the Paris Moniteur of
the oath of May, into which paper it APP
pears to have been copied from The In
dependant, another French paper 1--WE
suppose) sheds a curious light on the fao-
tives of England far the war she is endea-
yoring to bring about.-Unreflectins
people.may think that she is<to encounter
great risks in this struggle, but this expla-
nation seems to deyelope the genuine
English principles by which she is to make
a good job of 1t. The arms of England,
instead of" God and right,'' ought to bear
for their motto " Blood and CALICO"
81 England has succeeded In organizing
g second crusade against France, and the
means she has made use of to accomplish
this end are sufficiently curious to deserve
development. The whole of the hard mo-
ney Of the three Kingdoms of Great Britain
does not exceed thirty millions sterling
Before the French revolution, according to
the testimony of Lord Acktaad and g..
Chalmers, the quantity of gold and silver
issued from the mints amounted to but
about 20 millions sterling the revolution
having afforded the English an opportuni-
ty TO possess themselves ofthe trade of the
Dutch, they procured a great deal of GOLD
from japan. and they availed themselves
also of the troubles in Spanish America to
augment the amount of their specie. 1t is
true that after some time their rivals, the
Americans, took upon themselves to trade
with the islands of Japan, which were open
10 English cupidity and there is moreo-
yer reason to believe that they 1.-THE Anne
%rlcans) will succeed in supplanting the
-EnglSi at Brazil, the treasures of Which.
15r more than a c. fury, have gone to en-
riching England. It's certain at any rate
that our calculatiaa is correct the gold
and silver srecie in all Great Britain does
not exceed the sum of so millions sterl-
ing and yet authentic account give us to
understand that the English government
has made the sacrifice of thirty-ive mil
lions sterling toa renewal Of the league
against F%.ance. This appears dificuit of
comprehension but here is the whole Sc
cret. The British ministry gives to the
allies five and thirty millions sterling in
bills, bearing interest at S per cent, and
payable in one year at the bank of Eng
land. At the same time the bankers and
brokers of the continent, encouraged by
secret d~ouceurs, will not fail TO DO their
best to accredit the circulation of them
When these bills falldue the bank of Eng
land will pay them in its own notes, & the
holders, not being able to get either gold |
or silver for their paper, will be under the |
necessity of receiving British goods flor
reHiittance.7 The result can hardly be
advantageous to the other allied DO Gers.-
They will have expended their money in
che expences OF the war, and their only |
reimbursement must consist in a gIut off
indigo, cotton, cinnamon and other arti-
eles, which for the most part they do not
want. 1t must be acknowledged that, in
his plan for the coalition, Lord Liverpool
has not overlooked the interests of his
country :-If the allies succeed, England
alone can be the gamer the allies have
nothing TO expect. England will not fail
10 debit Louis the 18th with the SIS mil !
lions sterling which she has promised ; and
as he already owes her considerable sums,
and Is unhappily bound to the service of
the cabinet of st. James, they will take
care tOtake advantage of circumstances, &
to exact a delivery, by-way of guaranty, of
certain ports or provinces, probably Nor
mandy, Dunkirk and Calais. Would
Louis venture to refuseP Or, if he should,
could he help himself 20
The article then enters into some OBJ
seryatiOns, on the continual encroach-
ments of Great Britain, which have grown
in the last half century from Hanover to
islands, fOrtresses and possessions at every
maritime corner of EurOpe,
Admirable political arithmetic /! Eng
tand assumes an subsidy to the
continental powers. exceeding her whole
metallic caDital.-She paysit in her own
bills. payable, at her own bank. Those
bills when presented are liquidated in the
paper Of that bank. That paper being of
no use TO The continental holders of it,
they exchange it for goods-and what sort
Of goods? Mostly the products of the
East Indies. Thus the speculation winds
up in a vast profit to those who appear to
be at the whde cost Of the business. But
the JOB yet wants a finishing touch ; Eng
land charges France, Through the agency
Of her attorney in fact, Louis the 18th
or 18th, or who ever it may be) with the
whole IS millions, on which she has alrea
dy bonifed herself an immense profit ; and
thus france pays England for dismem-
bering and destroying France. This pay-
hIent France must make in specie, and Sc
cure it by ~rn0rtgaging some Of her strong
places. Such is the turn of the things in
case OF success. In case Of failure, Eng