Newspaper Page Text
122
The following articles, aw ere; copied froj:
London papers to of April,
•which rvfre received hy the frrififfy
Packet Prince ft Royal , arrived at Nc%k~
York , 7 th May. ‘ • ; ‘
PARIS, April i.
tthas been confidently reported, that
the armifticc between our armies arid
that of the Austrians on the Rhine, V,as
been prolonged for four months. It
has been farther said, that citizen Buch
er, firft French Secretary of legation in
Switzerland, has just arrived at Pdris,
with important dispatches from Barthel
emi. If these two fads be true, we
may conclude that serious negotiations
are about to be opened.
A reform has just taken place in
Jourdan’s army,by the difmilfion of one
hundred and seventy officers, who could
neither read nor write;
General Pichegru, has been at Paris
these two days. On his arrival, he
wrote to the Diredory to demand an
audience. The Directory replied, that
they (hould be ready to receive him at
all times* but that they were particu
larly happy to find that he could be at
Paris, during the celebration of the na
tional feftival on the ioth Germinal
(March 30th,) bccaufe he mult be sensi
ble that the public would be pleased to
fee him there, and to express their gra
titude to a general who iiaddcferved so
well ofhis country, by paving the way,
by means of his victories, for a peace,
which the whole nation molt ardently
wiftied to conclude.
We are allured that ncgociations are
now carrying on at Paris, with such
activity as to give room to hope for a
lpecdy refultalnte happy and aftoniihing.
They even go so far as to fay that, the
day before ycllerday, the preliminaries
v/crc on the point of being signed be
tween tile diredory and a Charged’
Affaires from the Emperor, when a di
plomatic Agent, who arrived from
Balls, veiled with powers from the Eng
lifti government, stated frefh difficulties,
bv mining in the negociation. We
quote reports without vouching for
their truth.—(L’Eclair, of the 30th ol
March.)
The Anarchists still entertain hopes
of exciting f'efti commotions. For
fome days pail the Jacobins have distri
buted printed handbills to the passen
gers on the different bridges, of which
wc have received a copy ; they also at
tributed them in different Ihops ; and
it was remarked, that they only gave
them to persons on whom they expeded
to make fome imprelfion.
The day before yesterday, the Mar
quis Del Campo, Ambaflador from
bpain to the French Republic, prefent
ca his letters of credence to the French
diredory, and had his firlt audience.
Preparations had been made at the Lux
emburgh, for giving to this ceremony a
fuitabie degree of fplendour and folem
niry.
A letter from Bonrdeaux, mentions
the arrival of a foreigner, on board a
▼efiel from Bremen, who, it is preten
ded, is the ci-devant Duke de Polignac.
Whoever he was, he was arretted, and
Underwent an examination.
If report may he credited, Merlin of
Douay is to go as Amballador to Vien
na, and is to lie succeeded, as minister of
Police, by Matthieu, member of the
Council of Five Hundred.
LONDON, April 4.
On Saturday Monsieur Charetier,
landed at Dover from Calais, accompa
nied by his fccrctary. He came in a
French bye-boat, which had no other
pallengers on board; and from that, and
fome other circumstance, there is teafon
to fuppofc he is come in a public capa
city.
A letter from Copenhagen, March
8, fays, Citizen Grouveile, minister
from the French Republic, went, on the
4th inst. in a magnificent carriage, to
the Royal Palace at Amalienburgh;
where iff his acknowledged quality of
French Minister, lie was honoured with
the firft audience from his majesty and
the Royal family. Count BemflorfF,
our minister of (late, has thought nccef
fary, before this decisive itep, to address
the following official note to the Da.uih
ministers, who relide with the different
powers of Europe : “ That the fyflem
ofhis Danish Majesty, being perfectly
free from all pailions and prejudices,
founding itfelf in all cases upon the prin
ciples which are ottered by prudence and
truth, he regulates his conduct according
to the modifications, which become as
just as they are indifpenfible, but the
al tv muons occalioncd by circumstances ;
that as long as there exilled in France
no other than a revolutionary govern
ment, hi smajelly thought himfeit oblig
ed ;o xciuic to admit a minister from
Columbian jHufeum,
that government; but at prefentj since
. the French conllitution is organized
‘iand become regular,* the said obligatio
is vanilhcd, and therefore, in a short
firhc, M.’ ‘Gjottvellej will be ‘publicly
acknowledged ; declaring besides, that
this step means nothing more than a na
tural refultof circumstances, and an ad
ditional proof ofhis Majeity’s perfect
and impartial neutrality.”
‘l'he unfortunate capture of part of
our Mediterranean fleet, has been a
source of great contention ; and our
merchants are not the only persons like
ly to become losers by it.
We have already feared the sale of the
cargoes of those (hips by the Republi
can Admiral Richerry, to a company
of merchants at Cadiz. While this
tranfadlion was going on, the French
Government was employed in felling
the very fame cargoes to another Spanifti
company, which had aftuaily dispatched
Agents to Paris to conclude the bargain.
The terms being agreed on, citizen
Magnondela Balue, Banker to the go
vernment, advanced several millions in
fpecic to the Executive Directory,
which were to be repaid him on the sale
of the cargoes. When his agents, in
purfuancc of the agreement, went toCa-.-
diz, to take polkiiion of the merchan
dize, they were not a little to
find that the company which had alrea
dy compleated its purchase ; fr.om Riche
ry, had by anew file, disposed or the
principal part of the goods to E iglifh
-and other merchants. ‘l'he bargain
made with the French government con
sequently became void ; and the mer
chants, whose agents ha t been at Pans,
conudcred themlelves exempt from any
refponfibiiitv for tee sums which Mag
non de la daiue nad advanced.
The Banker having app led to be rc
imburfed or. the part o. g -vernuie .'t, was
made a tender ot paper only ; as the mo
ney had been e npioyed in the exigency
of the Republic. The result has oeen,
that Richery, by the help 01 the vai is
of the cargoes, has married a ricn dp . 1-
Spanilh lady at Cadiz ; while Magnon
de ;a Balue, has been involved in the
moll ruinous Irate of Bankruptcy ; and
the French (hips of war, with their
prizes are now rotting at Cadiz.
April 5 —7.
The following Gentlemen who form
ed the Committee to confider the dif
treflfed date of public credit, waited on
Mr. Pitt on the fuhjedt yesterday. Sir
Stephen Lufhington, Mr. Alderman’
Anderlon, Mr. Alderman Luihington,
Sir James Saunderson, Mr. Boyd, Mr.
Inglis, and Mr. Angeritein.—The fol
lowing is the general result of the pro
position submitted to Mr. Pitt on the
part ot the Committee, who were with
the Minister near an hour and an half.
In consequence of the extended trade oi
the country, and the narrowed circula
tion of the Bank paper, e cry mercantile
man has lately felt the greatelt incon
venience in carrying on his business, on
account of the limitation which the
Bank .as preferibed to itfelf in dis
counting bills. ‘T o remedy this incon
venience, the Committee have generally
proposed, that a paper currency Ihould
be lffued for a limitea time, not exceed
ing one year, under the fandtion of
Parliament, and under the control of 25
Commissioners, towards the aid of pub
lic credit; and that this paper, so illued,
(hould be either payable at fight, (to do
which a (und (hould be raifei,) or bear
an interelt, as luited the holder. This
proposition produccda long convcrfation
on the general ftam of public credit.
Mr. Pitt gave the Committe the molt
cordial reception, conducted himfelf
with the greatelt trankneis, and promis
ed to give the matter tiie moll early
confide rat ion.
Whether the proposition, such as it
has been made, will be acceded to, is to
be determined by the Minister ; bur
there is no doubt the efforts of the Com
mittee will be attended with benefit to
the public either in the manner pro
pofeu, or in fome other. Jt is high
time there Ihould be fome public inter
ference, to accommodate the trading
part ol the nation; (or at present the
commerce of the country is greatly dif
trelied. ‘I he Bank has latterly so nar
rowed its difeounts, that in many in
stances it has only difeounted in the pro
portion ot 5 per cent, on the bills lent
in, though their security has been unde
niable.
There is every rcafon to believe, that
oiir Ministers have no expectation at
present ot a Peace. This does not arise
(rom any indilpoiition of theirs to treat
for Peace, but trotn the high language
which the Executive Directory at Pa
ris is (till supposed to hold in regard to
the terms of it. But, as the obstruc
tion lies with the French Government,
and not with us, so it is impossible to de-
pend, aimed from day to day, whether
the latter may not think fit to abandon
their lofty preienfions, before another
fatal blow ii (truck.
A letter from .Genoa, dated the 6th
ult. fays, that the people in the island of
Sardinia have fucceeaed so far in their
infurreftion that they have almoil actu
ally secured every strong poll, have de
clared themselves in a (lace of Revolu
tion, and have sent deputies to Paris to
Jecjare their attachment to the French
people, and to solicit their protection
and alfiitance in framing a Conllitution
on the principles of fret dom.
The Polly, Beardman, irom Philadel
phia, was loft at Madeira, on the sth
of January, together with a Portugueie
brig.
Ex trail of a letter from. Pertfmouth*
April 4.
<( Admiral Earm Howe arrived this
day at the Governor’s houfc, and imme
diately his -new (lag, the Union, was
hoisted at the mam top ol the Queen
Charlotte. It is expected that at nine
o’clock to-morrow, A. M. the figna.
preparatory to the Court Martial on
the Hon. Vice Admiral Cornwallis
will be thrown out on board his Majeu
ry’s (hip Orion of 74 guns, Capt. Sir
ja nes Saumarez, in which the Court
.vill be opened with the ufuai forms.-
Tne town is uncommonly crowded on
this occasion.
The causes of the present distress, as
aligned by the gentlemen o( the com
mittee appointed to hold a conference
with the Minuter, on the subject of the
.harming scarcity of money are stated to
je tour ni number ;
1. The advances made by the Bank
to Government, amounting mall to more
c tan fourteen millions.
2. The and rain of fpecic out of the king
dom, in consequence of the exchangebe
mg against us to every corner of the
world,
3. The monopolies of almost every
article of thefirft neceiiity, and particu
larly of grain.
4. The speculation in the funds, to
an unexampled amount, which drew
within its vortex ad the floating money.
The firft was within the know ledge of
government. The Bank had advanced
to the Mate near twelve millions, accor
ding to the account laid upon the table
ol the House ot Commons ; and in their
private dealings as a banking company,
they had purenafed and taxen out of the
market, aoout two millions of Navy
bills. This (urn was so much larger
than, in ulual circumitances, was ever
employed in this way, that it occasioned
a propoi donate limitation of difeounts,
and tney had not tne lame power ol rea
dy money to bellow on traue.
I he second was an evil winch deman
ded all their vigilance as tne guardians
ol public properry. ‘1 wo months ago
they iaw that the Exchange was at 31
to Hamburgh, and they round by tne
..ature of the lent into them for
diicount, that men were talcing advan
tage ot the eircumitance, a id that bulli
on to a great and alarming amount was
daily goingout of the kingdom ; which,
added to the drain of our armies on t ie
Continent and in the Mediterranean,
the lubiidies to Foreign Powers, and the
mcreafed balance to the northern na
tions irom the demands of the war,
made the sum actually exported in three
years amount to lixteen millions tter
un£:
l’he third catife of scarcity had been
toofeverely felt by all deferiptions of
men. No sooner had the report of Par
liament lpread the alarm of alhortcrop,
than schemes of monopoly had begun.
Grain disappeared, and wheat role to
120s. per quarter. The whole of this
was to be carried on by Bank paper.
But more than all the rest perhaps,
the fourth cause was the molt lerioully
alarming, since the fpecuiation in the
funds which was carried to an extent f •
unprecedented, that to enable them to
make their bargains, twenty, thirty,
nay forty per cent, was given for mo
ney, and ofcourfe the merchant, the
tradefinan, and the manufacturer, who
could only afford to dvc 5 per cent, for
accommodation, couid not ue supplied,
and every guinea taken from tne bank
was whelmed into this abyss. V, liar
made this the more alarming was, that
every man of character and diltindtion
in the country disowned the (peculation.
It was said to be done by foreigners and
yet very foreign house ot eminence for
mally disclaimed it; and though avow
edly the fink of all our ready money, it
eluded the ferutinizing eye of alarm.
Such were the caules which it was
acknowledged had iniluenced the Bank
for the lait two months to limit their
difeounts.
To the Bank of England, to its ener-
gy and wisdom, to its disregard of da
mor and misrepresentation, to its intre’
polity and ftcadinefs in pursuing th
good, old, and wholefomc system 0 f
Engliffi caution, Great-Britain is i n
debted perhaps, for her salvation.
Thifc Committee was not insensible of
these truths, but though the remedy was
necessary it was also severe ; and the
question was, whether any projed could
be devised to give a temporary assistance
both to government and to trade ? and
for this purpole the conference between
Mr. Pitt and the other gentlemen was
held on Tuesday last.
After learning the Minister’s fenti
rnents, if is intended to call a general
meeting of the merchants of .London
tp know their opinion and whether it i
iikeiy to answer that general good es.
ted which is the objed of the proposed
plan. t
We under (land, that the paper to be
blued is to be at fix months dare, but
redeemable at fight (the fame a'; Bank
Notes) if the holder prefers it. l’he
iblidity of this paper is to befandioned
by the signatures of a certain number of
the moll refpedable merchants and oth
:rs, who maybe friendly to the plan;
aid t(j give this paper a greater degree
A currency, it is to bear a premium of
1 1. 18s. per cent. The rcafon of the
notes being drawn at fix months date
is in order not to interfere with the
Bank charter, which precludes any body
o( men from lfTuing notes payable with
in that period.
Another Hamburg mail arrived yes
terday, which brings no intelligence of
much importance from the Rhine. The
campaign has not yet begun, but the
preparations for opening it are carried
on with unabated adivity. The Sam
bre and Meule army has been augment,
ed to 110,000 infantry, 29,000 cavalry,
and 5000 artillery. Th t ci-devant Prince
ofConde’s corps has made a movement
nearer to the Brifgaw. 7 he Arch
duke Charles remained at Vienna on the
23d ult. and it was not known when he
would set out for the army.
Reinforcements daily arrive from the
interior parts of Germany on the banks
of the Rhine, and in Italy, where the
Allied Armies are now truly formida
ble both in numbers and difeipline.
I rom Bohemia troops are constantly
on their march to the Rhine; to which
quarter a second train of heavy artillery
has set forward.
The present dispositions upon the
French lines, and the concentration of
their immense numbers induce the Auf
trans to believe, that the next cam
paign will be concluded on anew plan,
and that Maycnce is to be the grand ob
jed. The Imperial forces also, follow
ing the fame direction, are prepared to
repel any attack that may be made on the
flue ol that fortreis, which is to be the
headquarters of the Arch-duke Charles.
Count vVurmfcr will retain his old
pofinon of Manheim, from which an easy
communication can be maintained.
It (hould seem by the accounts from
Italy, if the campaign in that quarter
wouid be opened immediately.
1 he French army have- received all
the necessary reinforcements, aid an at
tack upon Cevaund Mondovi is exped
ed to be the firft Operation of the cam
paign. 7he capture of Ceva would
open for the F reach a pafibge to the Po.
General Beaulieu’s, army is 50,000
strong, and the Piedmontefe army 40,000
yet lo inadequate has this force beea
deemed by the Cabinet of 7'urin toop
pofe the French, that his Sardinian Ma
jesty has adopted the fyilem of requisi
tion, and every tamily having four per
sons lit for service, is to furnifli one lor
the army. 7he Genoefe Government
have returned an answer to the French,
politively refilling to evacuate Serous.
The English fleet under Admiral Jar
vis was cruising off 7'oulon on the Bth
of last month.
The k ng of Naples, it is said, means
to fend upwards of 100,000 troops to
reinforce the Sardinian army.
1 he inhabitants of Manheim are lay
ing in provisions for fix months.
Prince Frederick of Orange arrived
on the 27th ult. at Cruxhaven from
whence he will proceed on his journey
to Y'ienna.
By a gentleman just arrived from
Hamburgh, we learn, that it was gene
rally reported and credited there, that
Field Marlhall Clairfaytis rellored to
the chief command of the Austrian ar
my.
By a gentleman just arrived from
Corsica, we learn that Sir Gilbert Elli
ott is buildng a spacious mansion for his
rtlidence. We are also informed that
the iiland is dill rad ted throughout by
intellinc broils, occauorid by family
feuds which have exilled for cemurie*
No. 31.