Alexandria gazette & advertiser. [volume] (Alexandria [D.C.]) 1822-1824, 1822-08-08
By last EVENINGS Mail.
NeiD York, August 5,
LATEST FROM EUROPE.

debted TO capt. De Cost for papers of that date,
and London dates to the evening of the Esd.
The important commercial bills, the West In
dia and American trade bill, and the Importa-
ton of Goods and Navigation Laws amend
ment bill, were severally read third time in
the House of Lords, on the goth June, and
passed.
The corn importation bill, from the Com
mons, was read first time the same day,
A further sum of 100, 0o0t was voted in the
| House of Commons for the employment of the
irish poor. twas proposed to extend the a.
mount for this object to 100000
The Chancellor obtained a grant Of 2,oOG,-
o00l, in Exchequer bills, for the purpose of
carrying on the public works, Gncluding the "a
boye sum for. heland) and to encourage the
fisheries.
On the 2lst, the Catholic Peers bill was re-
jected in the House of Lords, by q majority of
AZ, a full house being present.
The Bank Of England, ON the 2Cth June, a
dopted by majority of one, the resolution to
lowering the rate of discount and receiving bills
in future at four per cent. This measure went
into immediate eflect.--The motives for seiec-
ting THIS period, are stated to be hat after June,
the reduction of the interest ON the navy 5 per
cents. would be completed, and as there would
then remain no ; per cent government stock,
higher rate could not with propriety be ask
ed for commercial discounts.-The measure
was, however, quite unexpected at the Stock
Exchange, and it was thought would have a
sensible effect on the funds, and foreign stocks.
a general issue of sovereigns was to take
place at the bank on the oath, to The amount Or
two thousand pounds, ifrcquircd, to each ban
ker
IN explaining the Navigation bills, Lord LII.
vcrpool said, ''they containeda complete revi-
sion of the Navigation Laws of the Kingdom.
The first Bill repealed not much less than 800
Acts of Parliament; but not by any sweeping
clause, for every act is fairly cited; and he
| though their repeal would have most benef-
cial effect on Navigation BY this, the mer.
chants would know what they could or could
! not do by law. In these measures they had
not departed from the great principle of giving
every preference to English navigation; but ia
doing SO they must have view to the change
of circumstances. 1t was also found necessa.
| ~ not to treat the United States of America on
the mario principle OF our old navigation laws;
that it was intended to place the ships and YES.
sells of South America on the same footing as
those of other countries. The object OF these
| laws, was to do away the former restrictions OH
| commerce, and to make this country the en-
trepot of all Foreign merchandise. This was
the view which had induced them to give up
| all the narrow and contracted views which for
rnerly existed: for all increases OF wealth and
prosperity of other countries were increases OF
| our own prosperity; for that would enable them
TO pay our manufacturers for their produce.
Letters from Algiers confirm the distressing
accounts which had previously reached Eng
land by way of Genoa, of plague by which Al
! giers has been nearly desolated. They state
that incalculabie numbers of the inhabitants had
already fallen victims TO this dreadful disease,
| the survivors, as many Of them as possessed
the means, had Shut themselves up in their
| houses; all business was of course at stand,
| ths streets were deserted, and silent horror
| neryaded the whole town
FL the Castle of irati in the valley OF Sala'
gar, Is proclamation, in French, In which
that nation IS called upon to recover its consti
tutional rights, and put young NAPOLEON
OF the throne. 1t is stated in the Quartre Sc
nera, IF s. Juan de Pie de Puerto, and signed
bv Adolpho Mabhar, Gen. in Chief ofthe In.
| dependent Arrny.-Unive,Sal GaS. Of MadTid.
The sales of Cotton at Liverpool, the week
precedine June 92d, consisted Of 5000 pack
| aces, including at private sale, 81 Sea Islands,
ats IL TO l6 La: 1881 Upiands, Z II to y
Sad: and 1855 Orleans, at s to II IA
The Grain market remained dull, but with
out alteration, Rice, II to Cd tor Old ana
inferior. and Is 70 lis Cd for new.
The sales of Am. Tar, during the same
! week, consisted OF $500 bbls very gooo
Virginia a! las; 500 Wilmington at Us.
and 500 common Carolina at lis. 800 bis
very good Furpentine were sold at i5sod
| Sales of Tobacco-7o hhds. ordinary
Va. Leaf, at 81 to Sd; and 80 Kentucky
at Sd.
90 hhds good Philadelphia Bark, at 10
|