10 JANUARY 1829, Page 1

Lord Strangford's mission to the Brazils is understood to have

failed ; the Emperor continuing decidedly averse to what are sup- posed to be the wishes of the British Court in regard to the settle- ment of the Government of Portugal.

A mercantile panic prevails at Rio ; which will injure our mer- chants, who in the confidence of peace may have increased their investments in that trade.