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About Foreign correspondent & Georgia express. (Athens, Ga.) 1809-1811 | View Entire Issue (Dec. 15, 1810)
BANKRUPTCY ttf Gr E AT-BRITAIN VV. ‘a ■ perf ctlv aware that anv rj fi in n of the b kruptcy of G. J’ ioil -, “ill n r ex:i t very agree able fei.fation* in m ny of ( ur mer r;a rJr fr en s F w art in deed, who w :Jb to hr informed t the t vii.s and uilaft c* w i loh awa:t them. Of laoet runts corom- rce has been a per It-ft .o terv, aid lorn*- of the gr#-* •ft bio k:irads have made the fa . fl v nun-*, by commrrc-al o p aric-ns founded ujnn no rational data. Lu’ ka and t han e have been the rde of the day, a.l the man v ho i;p n rational calculation, an— ti'inat s ru ; n before iu approach, is f onfidcred a perftft quiz. N >w, although the perions who hold this and ftrine of n m-cal- ulati • on and n r n-anticipanoii, may fid fed very happy in their own m;nd3, and may a q i re the reputation of having g y eat nerves , we cannot be prriua *d to depart entirely from this f ft hi if “the mother country 3* , —AV d> neref re certainly mink, -tha’ ir nerrantilr friends -tight to ‘{calculate —they ough to rndtavor To dd*’ v- r wii"th< r or not a certain c nmod *v is wanted in a certain mark , before they fend that cnjyi rii >cl ty lo t:iar market. When the re ab >ut to fell an am le of ine c- ar.wize, they ought if poffible t know that the purchaftr 15 in invent circ imftanres, and able pay for ir—and ag\ n, if they have m ’iitv to pia e, they vug.it, if they can, t > altrrtain tiie loin fv of the pun haf >• ( r the bank*r, in whole s they propolis to lodge it. li th ft pi autffns a.c n ttaken wc do not lay t'-at a men hant may nut (tumble upon * fortune ; but w::, w ii venture to aff rt, tnar for roe who is fuccelsful, ninety-nine w j be ru ned. N v*., heir being our antiquated I Y} i rs of the maitrr, we conceive 1 duty to difculs e/fry topic t !tt concerns the in erefts of the American people, and to unfold to tit m the truth. At the diftan* c v/lft h wt* arc rt m ved from Eng lid, many perfi<ns may imagine thar thr ci ifis of r a t n*il ha- krupr ey, W; it h is rapidly appr< actin g Ci a. B r uau'can havr but litth: elf ft htr*. JJ j: if wt luff r our -1 !v s ; ) dunk .n.-d to can uia e, we iha ee, rnat c >nnt£te i as imr m h ts are, vvi a the mere ha os of ( ngl t and, Inch a.) event w II pro r'u mft lerious tffefts in this co icy ; ad in faft, not ordy the fu ids ind visuals, but thole of our government, and of our mfurance a-J banking iuftitutions, which are iji E gland, may be iwallowed up in . c ab> (s. 1 is no ccnfolation to us to kno w our f nds are in the hand* of rich banking houfes, and moiu-y nrgo iatoi*. No indeed, t> i* makes ir lo much the wre becaufe th fc great people, generally fpeaking, are concer .ed in the fu ids, m ex- bills, aid other g vern ment fc ‘unri s, to much more than the whole amount of rlnir fortunes j I. tr.a - , in reai.t', the (mailer the merchant, the grcaccr the chance of fecuntv, provided he be boneft. Let nobody imag ,e tha L the con- t r ado s f,r the 1 an, are nvt inte r- lied miu:h more deeply th.tn ihat in .he fto. ks. Let nobody fuvpnle that t was merely the fall of the om. i*im, gr at as that was, which caulen Mr. Abrana n Goldimidt to put a i end to h s ex ft nee—Mr. LokUnvot had a great deal more than that am uru x ilakt, in ih%? piibii j funds, ile was perfeftiy ac qr.suittd with the pulle of the peo ple who draft in .sc licks; he ton. u w tde approach of rum, and wis unable to bet.: t:p agrinft the ciadi. N -> nan knew more about the nature of i. oncy and money ai)6, han Mr. Goldfmidt. He ccuki Ice very plainly that the pa per medium had been overdone, th it lik- old continental and French afiig .at*, i: had reached the ne pius u! ia. He la vit on the ebb, and knew that noth ng biiu bullion could lo g'T fupport its credit, and this h* very well knew, was noc in the country. But it is not Mr. G jldfmidt who twelve vea sag > was peifeftly faii.vfi and that the nation and the bank of E .gland were bankrupt.— There w<.;e hundreds of others who knew this quite well, and knew that or-c day or other, and that not very remote, the paper would not be worth a farthing rufh light, but they flittered themfelves, chat they would g“t out of the way, bf *rc the bu ft g of the buobte ; in the mean time they were tempted by avarice to j g along, until the coin made its cicape from the country, and Engia .and is fhut out from asy commerce that can bring ic back. The public calamity has had a commencement by the depiCilion in the fund* of ten per cent, is one week. That ca ainity has been produced by a want of confidence in papi*r m ney, • id in proportion t > the increalc of bank notes, muft and wdl be the depreale of confi dence n paper. Th; and cin e /fine funds, may be for a Abort time pro traftt and, by facitioua m aus, and U'-comm >n exertions of the holders, but their fall, never, never to rde agon, is, at no very diftanc period, certain.-—A ur- ra. THE LATEST NEV/3. EXTRACTS OF PRIVATE LETTERS, “Lisbon, D> t. 12. —M dfe .a tu* reached :>ur lines, and 6o or 7Q,00< Kr n-limcn are n.iw witivn 20 or 25 Rw'lts of us; but confidence is at its and no long facei are to be f-en. The city aralh-ry, m litia a -ul fliarp flu oters, are g n” to join the arm , which l-> laid now to be 100,000 ftrong. The defence will be mod defperate, the attack fueh as mav be expefted from 70.000 Frenchmen. No fh p tan at this m ment go over the bar, & {ljo'jld Mafic-aa b: awa eof this it will ac ci lers'.c hft ait- k.” “ Li eon, Ocr. 13.—The country is drove, ihe country uhra a-d Lfb s is aim ft like B g fhot-Htacn Every hill isufor;i ri anon—rhe form, a crefcent.- Within the chain we have collefted all the produce of the country thro’ wnich we have recreated. We are confequ“ntly abundantly fupplied, win i fb n in our rear, wmle the mnny has nothing. Our r=ght fli ik is covered by tne Tagus, and our left by the ocean. Within the f rt fi and chain, we have 70,000 fig-it ng men. Roma.ia is delcend i'*g fouth of the ragus, with about s 5 ,qoo men. Ger?. W lfo.i and are in thr norrh, on the enemy’s r<ar. Q‘Djnnrl eaftward. cc On Monday, marfnal M ftena dined in C hmora in a convent. — Capt. M llifh, with a flag of truce dined wuh him—ah politenefs— but no exchange effected of woun ded. H or mi feu within a month to be in Lfb v!— mere gafeonade. The French troops commit horriblt ex; -fT s—break ail haul s, not opened to them, and judge of their privations, when my lelf, for 0.6 hours, could ge: no b tad, m.a ,or 1 arcely water. A g.ais of wine would have been worth five ili’HT?*. The i.ff.abi unts ft, mg ext .sil.ftF. P. S. ihe Fstn .h as fa~ as I can cclleft, are 50,009S 0,009 mufkc-s ; ‘followers E*.V; r. o lugg.-ge. Ine cavalrv are believed tr> ex, < and 20.- 000 men ; bur. B it fh reg n nt s t-qual to two of them ; m re hi ks. Th’ 30:’ is a ded, arid we d• ly gin Q r.gth.** JJjboHi Qel’.ber 14 —“As our army is- now fo very near, xe have a m ft: hourly ctmfu i ? ;on there from. T u cannot fi rm to vour feif any thing m -re ok” war th.an the genera! apof-arance of th! cicv foldi r.s a-td ffi rs at every ftq>— pro*, efii ns of tar s of 40, 50 and 60 a- a ‘mu. with provift ns —- Comm fif ?s wsgg: ns in immrnfe number*; artillery moving along the ftccits to wards, the arm ; pri foner* and deferrers arriving, 3 and 400 at a time. Fugitives from the vailed countri> in tiiuhitudes, and police horie guards parruling the tlrecs in every riiicftton. Laft n’ghi we learnt ahi ur 800 of the enemy were nude p.ifom rs part of wh* m arrived this morning. Ac the faa.e time I’m raid a heavy can nonading h.'gan from our lines, which may probably be the begin ning of a general bat tle. G’d lead a gl.mour of vvhi- h 1 entertain the molt fa. guine hopes. Oft brf 24. Th<* exptftcd intelligence from lord Wi ibngtm is rot arrived, atid the publii a xFtv is vs und up ri the utm ft pc ffi Ir pfth; fur never, o ! nr c r , did armies, at l -ll B waparte* army, plav tor fo larg h (lake I)us it ferihs ns if Ri) Ms depended upon it than the fhaking, perhaps the drftroyir.g his p wer; fli aid his arwty experience a iut.d dtfea. ! Port m uth, Oft. 13. Thismornf ,g arrived the Venus frigate, cape. Crauford, with Mr. Jack! n, the late minifter in A *- rica on board. Armed the Thiftle fchooner, lieutenant Proft r, with Jeffrey the fearnan, who was landed on the un inhabited ifland of Sornbriere, on hoard. W ASHING rON CI IT, Nav. so We have oeen favored with the foil wirg excraft of a letter, datsd Lfb it, 6 h Oft. 15 10. “ The in ; nds ol the people here are fo ag ; rated by the rapid move ments ol the two armies, they are i-vapablc of doing any thing. I fh uid have failed for New-York tm* day, had things remained as thev were a few days fince; but finding the combined forces under lord Wellington falling ba:k So) ra pidly after a partial engagement of Ids left wing with a party of the French, I am induced to wait a few days longer. The alarm is fo great here that btifioefs is entirely at a ftanal. Within theft: lew davs pa per m- nev has fallen 12 per ccrt. it ’5 fljftuating between 35 and 40 b( ft yt par. “ The head quarters of Id. Wei* lingcoft’s armv was at Villa Franca yefterdav, and to-day at Mafia, 35 o 40 miles from Lilbon, and tne line ofdefence is formed from thence to Alverca. Thus the army is fit uated from the fea to the banks of the Ttgus. Alverca is only fixtecn miles from Lfh)n. Beresford is there, iord Wellington at M afra, where he ia determined to rectivc the French, and there decide the fate of Portugal. Martier with 16.000 men by hit accounts was ac Tomar, and Roma-a with 2000 Spaniards was at Abrantcs obferving the rh verner.ts of M - tier, c- • pr>f i-e s \te rt - bf ug -t i n y c; ” terd.iv, ?.nr :-g v.hich v.-as g r 't..ai S he is badly w* ur.cfid. - Mill’ ra has drJa-ed tra: he would nev<-r ft p, a*:rr Unking th** n ft ftr.;ke un’il he drove tk* Et>gl-fl* l'rro the ft:?; * e h,*s now n* “ f i, and ic is much feared the Erg -I,fh will be obliged to embark in a ver- fhort time. The French is cflimated at 75 to bo,oco —the combined armies are marly equal; therefore if is expeftt and to be a molt dreadlul affair, ftioulci the Erguik wait the if is v h fpered that the French -are much ftrorger— — Tne retreat of lord Wellington feems to confi r m this rep rt. Laft night all the large boats aid bgfiters Yvcre put in requ fitico and lent up the river, it is iuiu for the fick and heavy baggage. The head cpiarters of the French army, by c*%c laft ac counts, were at Bataiha. BALTIMORE, Nov. 20. Summary and ILxtracfs 0/ benign News. Afl the vines and cotton Yvithin 14 miles of mount Vefuvius were cU.ftreyed os the 12th of September, by a volcanic eruption. Every tr.ing die within 11 o miles anas alio dtftroy and. The iava in fume p ices was ico fiet deep. A fax was about to be impofed in Saxony on colonial produce to be in operation e the. 3th of Oftob -r, of 120 dollars cm eve*ry hu. cl-d weseht of inci g'; ico dollar* *,a the lame qu*n k> of cotton; a r d 5© dollars >n every hundred weight of cc-ff'e and fvgar. Notwit; ftanding the boaft of lord Tniavera, hr is confffled to have retreated to the left of the Mande g aid Coimbra, it was expedited, would fall mt Maffcna’t hands. Th: fleet in the Scheldt was ex * pefted fhorily to put to fea. The lo; g n■■•goc.-.arion between M*Ker-zie and the French g- vern ment is broken off, the Bntifli re fufi g to accede to the French pro pola!, which were that is exchange for every 30&0 French, rhe Engiifh were to rtitive 1000 E ghfk, 1000 Porcuguefe and 1000 Spaniards. The F.'cnch ft ec in the Scheldt confifts of 10 Hi t-s of the lme, 3 frgiE.es, 14 praadas and twenty-.two boats. ‘ Funds have been fent under ftrorg effort by Bonaparte to Madrid, rur the dift ha ge of all arrearages due the French armies. The French have been difpcflff fed iff Calatayand, a fmall fortified place, thiity-itven miffs from Sa rag ffa. [ More troops are to be fent to Portugal to a fli ft Wellington in run nir g away from Mafiena. A riot took place in Porchefcer Caftit, between the* French prifon ers and about 120 Germans and Sw‘iff, who had enkfted in the B.ri t fn lervice, out of p iion—military a ; d wascaiff din for reftsring order, which vai done without bloodfhcd. Extra ft of a Utter from Eeffafi, dated the 16th of October , 1810. “ I hope we have feen The worft of the cum mere ia! dtftr<ffrs of this country, u iicfs there fhouUi be a complete blow up of the prefent f) fh rn. “ In London things are extremely had—buihoft has chlappeared, and of (Ourft*, the credit of paper has d.-irimiihcd —the ft veks have con ffquenrly fallen, aad the gu-at Bar— k eg and commercial houfts, who have had the mcanj, are deeply an lerefted in them, a. id the warft of i: is, u&i the inov/jv lodged with
