Kentucky Gazette

From the London Courier of December 27.

We have the great satisfaction to announce
a Peace with America. We announced it yesterday; but the intelligence did not arrive
time enough to be inserted in the whole of our
impression. Mr. Baker, the bearer of the
Treaty, did not reach London till late in the
day. At 4 o'clock nothing had transpired at
the public offices. Soon afterwards, however,
a letter was sent to the Lord Mayor, and we
procured a sketch of the terms upon which
peace had been concluded, which was read to
the audience at each of the theatres. The
fact (however it might be expected) was
known in the city before government were in
possession of it. It was about one o'clock
that the rise in the funds began, and immense
purchases were made.

The peace came probably very unexpectedly
upon our readers; for the last American documents had assumed such a tone, had unfolded
such pretensions, and held forth such menaces,
that no one supposed that the same breath
that blew the blast of war could have been
playing to the American commissioners the
dulcet notes of peace. Such, however, appears to have been the case. The dispatches
carried out by the John Adams, containing the
documents relative to the negotiation, which
the American government thought proper to
publish, led to an immediate change in their
intentions, and, however they might bluster
and talk big, and propose new taxes and conscriptions, they were determined to make peace
upon those terms of which we have subjoined a
sketch. And those terms, we do not hesitate
to pronounce, to be most honorable for this
country.

Now what are the terms upon which the
treaty has been concluded?

"The Americans have waived any stipulation
on the subject of Maritime Rights, as well as
respecting compensation for Captures under
the orders in council, or on any other account,
"The interests of the Indians, allies to Great
Britain, in the war, are provided for in this
treaty, by a stipulation that they are to be restored to all their possessions, rights and privileges, which they enjoyed, or to which they
were entitled antecedent to the year 1812.

"All the disputed questions of territory and
the boundary are to be referred to Commissioners, to be respectively appointed under the
conditions named in the Treaty; and until the
differences respecting them are decided, the
islands in the bay of Passamaquoddy, are to
remain in the possession of Great Britain.

"All other conquests on both sides are to
be restored.

"There is to be no renewal of the right of
Fishery on the Newfoundland coast, and no
trade to our India possessions.

If the Commissioners disagree, a friendly
power is to be the Umpire.