The Alexandria herald. [volume] (Alexandria [Va.]) 1811-1826, 1822-08-07

'atc0 lhe markets opehSu al ou3s aud
closed stAshat price, although in the
course Of the day So were quoted. The
new Russian and Chill loans remain stca>
dy at Saturdays priccs-in the latter
good deal of bushes, was done.
a letter from Odessa, dated 2lst May,
states, that the freedom Of that port will
certainly be continued another year at
least. Another letter, Same date, has
been received, in whichit is asserted, that
the Turkish army was in motion, but that
il neither had, nor would retire from
Moldavia or Wallachia, according to the
agreement at Constantinoplc, and that the
Russian army was in no situation to en-.
force their demands on the Turkish en-.
pire. being without pay and clothing |;
and were besides badly fed.
An Austrian Courier, arrived at Paris,
June IL, gives no positive intelligence Of
the evacuation of Moldavia and Walla-
CHA, and says nothing categorical, to af-
ford reason TO believe, that war may not
take place.
From Constantinople,t the advices reach
down to the 18th May. The only topic
Of interest upon which they treat is the
evacuation Of Moldavia and Wallachia by
the Turkish troops.
Jane 1.-THE money market recov.
cred IN considerable degree on Satur.
day from the depression which existed
the day before, in consequence of the
scarcity of money, and the investments
which were made in foreign securities
Consols for the account opened at 80 So,
and as the rage for selling seemed to have
passed away, consos rose to 4, at which
price the market closed buyers.
June i5.-'rhe monet market contin-
ued to be rather depressed yesterday
This is not at all attributable to political
causes, which, indeed, are at present, as
favorable as possible for rise but it was
owing to a scarcity of money, principally
occasioned by the purchases which arc
making in the foreign stock market.
House of Lords, Junr 1.-THE earl
OF Liverpool moved the second reading
of the ancient Commercial Statutes Re-
peal Bill; the importation of goods re-
peal bill, and the navigation amendment
Bill. His lordship observed, that the
three bills formed new system, which
he thought would be highly beneficial to
our commerce and navigation. The first
bill repealed no less than three hundred
acts OF parliament, not by any sweeping
clause, but non,inafina and seriafim-a
measure which Of itself would prove
highly be1eficial, it being fact, tina,
there were persons who actually obtained
living by informing merchants what they
could do, and what they could not do, the
acts, as they at present stood. operating
as clogs upon almost all the operations oil
commerce. With regard to the naviga.
ton act, dated IL Charles Ill. it had inYa-
rlabiy since that period beenthe policy oil
the country to adhere to it (; and when il
was considered that the navigation laws
formed q nursery for seamen FOR the ser
vice OF the country in time Of war. j,
must be obvious, that to adhere to those
laws, as tar as possible, was the best poll.
cy upon which the British government
could act. This policy must, however,
OF course, be subject to times and circum-
stances, and it was upon the principle OF
1t, modified by changes which had taken
place, that the system purposcd to be
carried into effect, by these bills, was es-
'ab!ished. Under the navigation laws. as
they formerly stood, the produce and
| manufactures of Asa, Africa, and Anne.
rica, must be imported INTO this country
IN BRUSH ships. When the u. States of
America became independent, it was
deemed consobani with every sound prin.
ciple to place them upon the same foot
ing as the states Of Europe, by which the
| produce and manufactures of the former
were allowed to be imported in American
as well as British ships, as with regard to
the states of Europe, the ships of those
states were allowed to import their pro.
1 duce and manufactures equally with Bri.
| fish ships. A further alteration had now
Become necessary, in consequence Of the
| changes which had taken place in other
| parts OF the continent of America. As
it was impossible the colonies on that
continent could ever return to what they
we're, it was proposed to further modify
the principle Of the navigation laws, SO
as to allow the importation of the produce
and manufactures of states throughout
'he continent of America in the ships OF
those states, as well as in British ships.
and to do away the necessity oil passing a
| Special Act OF Parliament to meet TEN,
porary circumst noes. 1t was proposed
that from Spani n America the imports
might take place either in Spanish ships
or ships OF the states established there, as
well as in British ships. fbe principle oil
the navigation laws would in other res.
poets remain the same. With the excep.
| ton of a Droyision ALLOWING the ;pooor,