Constitutional Whig. [volume] (Richmond, Va.) 1824-1832, 1824-07-13
FOREIGN.
LATE FROM ENGLAND.
n go. N.,n., 4,

l. The editors of the Commercial Advertiser
have received copious files of London papers to
the 30th OF May, aud Liverpool to the Ist of
June, both inclusive, with Shipping Lists and
Price Currents to the latest dates.
|. american Stocks on the 10Th of NIay.--Seven
per cents. 96 n 7. Skies for 1879, 81; for 1913,
98 for 1914, 100; for 1915, loi a J. Threes,
SOL. Bank Shares, f21 IS.
GREAT BRITAIN.
Information has been received i'm Il letter from
Naples, of May /, that the British frigate Mai.
al has captured an Algerine frigatc of Gergen-
ii, after severe action of an hour.
The London money market has undergone an
unexpected depression. Up TO Saturday night
the Goth, there great scarcity of Money
un the Stock Exchange. Upon this subject the
Sunday Morning Herald of the 30tl, says:
"This scarcity, with the exception of pori-
obs OF avowcd insolvency, which, is far from the
case now, is altogether unprecedented. In some
instances as much as an eighth per cent. has
been given to have accounts carried over for
two or three days, making an interest of twenty
to twenty five per cent per aDnurn; and we have
even heard that two or three of the most veal
thy individuals in the king Ion have been SO pres
sed for ready cash as TO be compelled to apply
to the Bank of England for loan upon securi-
ty to the amount Of more than million. 1t is
well for these gentlemen that their credit was SO
good and their security so tangible. The Sc
c.
Yesterday and to-day, the Bankers have been
absolutely pestcrcd for cash, which in most in
stances, they refused, although 5 per cent. was
| offered, and 4 few days ago, they were happy to
| lend ut A. 1t must be observed, however, that
the property Offered in pledge consisted chiefly
OF South American Securities, which arc now
very unsaleable, except Mt great reduction of
last weeks prices. 1t will naturally excite sur
prise, that whilst Capitalists, generally, are un-
able to obtain four per cent. for their money,
there should be such scarcity on the Stock Ex-
change. 1t is easily explained. When the new
Loans capc ont, the Jobbcrs, expecting that
the Bonds would be eagerly seized by the pub
TIC at a high premium rs an eibible mode of in
vcstmcnt became subscribers for Immense sums.
the depositcs upon which they have paid, whilst
the Bonds hang heavily upon their hands, the
public being too much alarmed at the aspect of
things to take this stock, even without premium.
thus the millions which have gone out of the
country have been taken from the Jobbing Ca
pitalists, whilst the public generally have been
calm spectators of their folly. If something
very favorable should not soon occur, therefore,
to raise the price of these securities, we may
expect to hear of great disasters among men who
have been hitherto considered as solvent as the
| Bank OF England. To day the prices of South
| American securities dropped rapidly. Mexican
Script to l J prm. and Colombian to discount.
The closing prices were d for the first and the
second. Spanish Bonds closed at eos In pro-
| portion rs the South American securities fall.
| Spanish Bonds may be expected to rise as it is
supposed that if Ferdinand should really intend
to ht out an armament for South America
ne VIII require more money, and for that. pur-
pose be induced ia some way 10 recognize the
Loans of the Cortes. The Stock Exchange
being shut, the Consols bargains were made up-
on the Royal Exchange, and in the Foreign mar
ket. Some speculation wa made at 953 for the
| account.
On Tuesday, May %, Mr. Harris, the Aero.
naut, assembled in his new Balloon, the ROYAL
George, from the Eagle Tavern in the CITY
Road, with Miss Stocks; on the descent, which
| took place in Beddington Park, near CROYDON,
owing to some unexplained cause, the gas escap.
| ed too fast from the Balloon, which came to the
earth with the greatest velocity, aud Mr.. Har-
ris was unfortunately killed on the spot, his COM
panion being severely injured. An inquest was
held on the day following, when satisfactory
evidence was adduce1 that the calamity orioina-
| ted IN the unfortunate mans being unable to
| close the large valve Of the balloon, through
| which the gas escaped too rapidly. Miss Stocks
is better but still in danger.-Vcrdict, ssacciden-
tai death" no damage done the balloon.
The General Assembly of the Church of
| Scotland met on the Goth May, their sittinrs
never exceeding II days. The great question
before them at this time is that respecting the
Rev. DR.. Macf;irlanc of Glasgow He was
appointed Principal of the University, and at
/ the same time received presentation to the
High Church in Glasgow. The Presbytery re-
used to admit him to the living, on the ground
tiiat he could not perform the duties of it at the
same time with those of principal. The Synod
| Ia court consisting of several Presbyteries)
sanctioned this refusal. TIE General Assembly
have reversed it, and ordered Dr. MacfarIane TO
be admitted. This is a manifest departure from
the true pastoral character of Scotch clergy
man, and far from creditable to any individual
! in whose favor it is made.
In the House of Commons, on the 24th, Mr..
| tusklsson presented petition from certain
merchants of Liverpool, praying free trade in
corn, subject to such duty as would protect
the British grower. The Right Hon. Gentle
man expressed his opinion that an alteration in
the existing law would be beneficial to all par
ties.
Bonded Jpheat-The house went into COM
Inittee on the Wheat Warehousing Bill. MIR.
Ellice proposed a clause to allow Canadian
Wheat, which was then in warehouses i'm the
country, to be brought into the market free of
duty. Tins clause was opposed by Leslie Eos
ter, Mr.. Whitmore, Mr.. Curtis, and Sir J
Wrotcsicy, aud supported by MIR. HuslsissoD.
Sir j. Newport, and Mr.. VIM. Horton The
Committee then diyided--For the clause d.
Against it 10, Majority for the clause 90.
FRANCE.
There IS nothing of Importance to the Anne
rican reader, in the French papers, as they are
filed with the proceedings of the Chambers ON
local subjects, and with the details of the late
events at Lisbon, which are already known
here.
a letter from Frankfort has brouurl,t intell.
gcnce of The death of Count Stallion. the Ans
TRAN Nipistcr Of Finance at Vienna. There
has also died at Frankfort. Coanf tnsfofter NJ