20 DECEMBER 1828, Page 2

We have this clay received German Papers to the 14th

instant ; but their contents are destitute of interest.

SATURDAY NIGHT.

It is stated in letters from Constantinople, that the movements of the Turkish troops have been suspended by the heavy rains, but that the exercising and disciplining of the troops goes on with activity.

Accounts from Bucharest state, that the garrison of Varna is to consist of twelve thousand men, besides a large force stationed in the vicinity.

The Viscount Itabayana has received despatches from the island of Terceira, which state that the young Queen of Portugal has been proclaimed there with enthusiasm ; and that the fortress is well garrisoned and provisioned for a siege, if Miguel should at- tempt one. It is said to have been the wish of the Brazilian Ambassador, and of the Viscount Palmella, to send the Portuguese Refugees who are at Plymouth to the island of Terceira, to reinforce the garrison, and there await the decision of Don Pedro as to their future disposal ; .but that this was objected to by the English Government. On the other hand, it is questioned how, without a violation of international law, the British Government could in- terfere to prevent the Queen of Portugal, or those authorized to act in her name, from sending to an island which acknowledges her sovereignty, and is at this moment held by her own Governor, any body of her own soldiers and subjects. Letters from Plymouth state that the Brazilian Authorities have advertised for tenders for transports to take twelve hundred per- sons to the Brazils. No tenders are to be received after the 22nd instant.

The accounts from Paris by express this morning state, that another long discussion has taken place on the proposal for re- ducing the rate of discount by the Bank of France to 3 per cent. ; but that nothing has been decided. The private accounts from Boston, in the United States, say that there had been a complete panic in the money market without any reasonable cause. The exchange with England from 10 fell to S-1. Every article of commerce unsaleable, and no money to be had. One letter attributes this state of things to the tariff, and the with- drawing of the specie from the United States ; another to an ex- pected collision with England by the anticipated election of General Jackson.