American watchman and Delaware advertiser. [volume] (Wilmington, Del.) 1822-1828, 1822-08-09
Ne,o York, auguSt S
LATEST FROM EUROPE.

LATEST FROM EUROPE.
The elegant ship Cores, arrived at this port on
Saturday afternoon from Liverpool, which place she
left on the 25th of June. We are indebted to Capt
De Cost, for papers ofthat date, and London dates
to the evening OF the 23d
The important commercial bls-called the colo.
lnial trade bill-the West India and American trade
bill-and the Importation Of Goods and Navigation
Laws amendment bill. were severaly read third
time in the House oil Lords, on the Goth of June
and passed.
A further sum Of 100000 was voted in the II.
of Commons Tor the employment of the Irish poor
1t was proposed to extend the amount for this OBJ
ject TO 100000.
The Chancellor obtained grant of 2,O00,000i
in excnequer bills, for the purpose of carrying on
the public works, (includng the above sum for Ire
andy and to encourage the fisheries
On the 2lst. the Catholic Peers bill was rejected
in the House Of Lords, by majority of AZ, full
house being present.
The Bank of England, on the Goth June, adopt
ed, by majority OF one, the resolution to lowering
he rate of discount and receiving bills in future at
four per cent This measure went into immediate
ffect.-A general issue of sovereigns 10 take
place at the Bank on the oath, to the amount OF
| 20OOi. if required, to each banker.
The price of Cold has fallen to IT'S Sd the ounce
being I'D below the mint price, circumstance that
has not occurred before since the year 1897. Price
of New Dollars, June 2lst, as Cd; Standard Silver
| in bars, 4s | Id.
| In explaining the Navigation bills Lord Liver
pool said, they contained complete revision Of the
Navigation Laws of the Kingdom. The first Bill
repeated not much less than 500 Acts OF Parliament
but not by any sweeping clause for every act fairly
cited and 'le thought their repeal would have a
most beneficial effect on Navigation. By This mer-
chants would know what they could or could not do
by law. In these new measures they had not depar-
ted from the great principle Of giving every prefer"
ence to English navigation but in doing so they
must have view to the change of circumstances
i 1t also found necessary not to treat the United
Estates OF America on the narrow principles OF our
lold Navigation laws that 1t was intended to place
the ships and vessels of South America on the same
footing those of other countries. The object OF
these laws was, to do away the former restrictions
on commerce, and to make this country the entrepot
lof all Foreign merchandise. This was the view
which had induced them to give up all the narrow
and contracted views which formerly existed for
all increases of wealth and prosperity of other coun.
tries increases of our own prosperity for that
would enable them to pay our manufacturers for
their produce.
: The King Of England purposes 70 make visit to
Scotland, on the prorogation OF Parliament, which
was expected to take place the latter part of July
A bill to regulate the trade between Upper and
Lower Canada was brought into the III. OF Commons
June Goth, by Mr.. Wmot.
Letters from Algiers confirm the distressing &C.
counts which had previously reached England by
way ofGenoa, of plague by which Algiers has been
nearly desolaled. They state that incaIcuable mum
bers Of the inhabitants had already fallen victims tc
this dreadful disease the survivors, as many o.
: them as possessed the means, had shut themselves
Iup in their houses; all business was of at
y stand. the streets deserted, and silent horror
- nervaded the whole town.
MIR Yea, the Envoy from the Republic Of Colon
Ibia arrived in London on the 18th of June from
Paris We understand the object of his visit is to
endeavour to induce the British Ministers to recog
nize the Independence of Colombia, and form
: commercial treaty with the Government he repre-
sents-Courier.
: The French expenditures and ways and means
. for 1928 afford only surplus OF a million and {
i halt OF dollars a small excess for great empire
= The Russian finances are in an unfayorable state.
In the Castle of lra,i, the valley of Saazar, is
ia proclamation, in FRENCH in which that nation j:
It called upoE to reco, err its constitutional right, anc
= put young NAPOLEON on the throne. 1t is stated
IN the Quartre General of Juan de Pie de Puerto
land signed by Adolfo Mabhar, General in Chief o.
the independent Army.
c Universal Gazette Of Madrid.