Phenix gazette. [volume] (Alexandria [D.C.]) 1825-1833, 1826-01-16

Further Extracts from foetgn Edpos
London. Nou. 26.-We have received the Nu-
remburg Correspondent to the 18th instant
II speaks of the Greek feet as having oeen en-
oaped in watching for the Turkish squadron,
and in endeavoring to maintain the blockade .,
Ene rus. to which latter task. however, It found
Itself UNEQUAL. The course pursued by the
Lord High Commissioner OF the lonian Isles
Is considered very favorable to the Greeks, IN
not allowing any British or lonlan ships to vio-
late the blpckage
Cltu. Two O'cloek.-The alarm here increases.
Consois had declined per cent, but have since
rather recovered. The opening price Tor mo-
new was "a, and s4a for January; afterwards
8sasss The nearest quotation at present Is
s3f and SO 7-s. An immense quantity oil money
Stock has been thrown on the market, winch is
the principal cause for this sudden decline =
Excheouer Bills are. dis. The prospects IN
the Foreign Market are just as gloomy, where
the extreme scarcity Of money has a greater
effect Colombian Bonds have been at Gil,
and are now about 81; Mexican Bonds are 65a
66 Brazil Scrip, IA DIS; Guatemala, 81 dis;
Spanish Bonds, Isl Greek Bonds, 2oa al
The Share Market is totally neglected The
nominal quotations of prices are the same as
yesterday
London. Noy. Cove hear that the interview
of the Governor and Deputy Governor Of the
Bank of England, with the Chancellor of the
Exchequer, on Wednesday last, led, as we ex-
pected would be the case. to nothing conclusive.
The affair stands over till the arrival of Lord
Liverpool in town, which, as his Lordship we
believe has intimated, will be on Monday next.
Meantime it is admitted, that no hope has
l. .ba oil Of fta rhn-
uuer of favorable view Of the application,
whenever it shall be laid before Lord Liver
pool. On that point the few remarks which
fell from him were the reverse Of encouraging
BY their own conduct the Bank Directors have
brought themselves into situation too serious
to be treated with disregard, though the evil
in his opinion, would work its own cure; but,
in any case, he was not aware that assistance
could be given to them by the Government
BY the terms of the Bank charter, it was i'm
perative on that body to make essential advan-
ces to the Government, who in their claims on
them still kept themselves considerably within
the prescribed limits and it could not be per-
mitted that the public service should suffer de-
triment, because The Directors had been guilty
of indiscretion in the management IF their af-
fairs. On some degree of merit being assum-
ed by the Governor and Deputy Governor Of
the Bank, for the timely assistance afforded by
the purchase of the annuities, to make good the
pension list, when no other public body or as
sociations of individuals would venture to un-
dertake l., the Chancellor remarked that it was
impossible to treat it in any other way than as
private contract, which had no connection
whatever with their corporate privileges. AT
ter some further remarks to the same purport,
and an ntimation that no step would be taken
of a definite nature, without the concurrence Of
Lord Liverpool, the Governor and Deputy Co
vernon took leave, and returned to the city.
| 1t is confidently. stated in Madrid, that the
Duke del Infantado has found his situation so
full Of difficulties that he has resigned the Of
flee of Prime Minister His successor is report
ed to be Monster Labrador, the Ambassador for
Spain at the Court Of Naples This minister
has s7ent a considerable part Of his life in the
United States, and attended the late Congress
Of Sovereigns on The part of Spain; he is repre-
scented to be man Of talents SO confidently
was this rumor circulated, that it was trans
mitted to Paris by express.
We have received the Paris papers Of We'd
nestay 23d in due course. The Etoile has an
article upon the present state of the public
| iuuuS dt ais, III WHICH IL dSCIiuSS d suuuSH
decline Of the Three per cents 10 the operations
of particular house, specializing for fall
These papers are wholly destitute of political
intelligence.
Five per Cents, OF 79c; Three per Cents,
eff. CSC; Bank Stock, 2l2of
| The city, and, in some degree, the country,
have been thrown into much anxiety during the
last week, by reason Of the contraction of Bank
Of England Discounts, and by kind Of notice,
that it is the purpose Of the Bank to reduce its
Notes to the extent Of three millions
| The suddenness of this measure has not a
little added to the alarm in the mercantile and
manufacturing world. 1t is, indeed, scarcely
year since the Bank Of England discounted
good bills, Of almost any date, at four per cent
but even refuse to discount good mercantile
bills at that rate, which has caused great dis
tress in the City-I Bells Weekly Register
Extract of letter from Alexandria, dated
Oct. 10, 1925: yesterday morning the Captain
Pacha took his departure, and to-day the whole
of the transports are out. The expedition, as
far as we can learn, consits of IA frigates, IA
| corvettes, 40 briggs, 10 fire ships, 90 armed
Turkish transports, and % European transports
| with the London Engineer steam packet; ano-
Their, built here, sprang aleak in sailing out OF
| the harbor. Four whole regiments, or 5000
soldiers of disciplined infantry, and about 1000
Turkish Cavalry, are embarked on board these
| vessels. The expense Of the whole expedition
| in arrears of pay to the Turkish feet, provi-
| sions and reDairs sunnIies of money and nroyi.