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Foreign News June 8, 1821

Richmond Enquirer

Richmond, Richmond County, Virginia

What is this article about?

Rio de Janeiro papers report: Portuguese king pledges crown treasures to Bank of Brazil to secure government debt advances amid financial strain. He declines to stay in Brazil but leaves grandson as heir to govern under constitutional principles. Amnesty granted to deserters on the Prince's birthday anniversary.

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OCR Quality

95% Excellent

Full Text

Baltimore, June 2.—An attentive friend has politely furnished us with a file of Rio Janeiro papers to the seventh of April; the following hasty sketch contains the principal items of importance: A royal decree of the king of the 23d of March, places in the hands of the Directors of the Bank of Brazil all the treasures of the crown, consisting of diamonds in their various stages of perfection, and many other valuable articles, with orders to the directors to dispose of the same, either in Europe or elsewhere, and to apply the proceeds to the credit of the government. It appears that the directors of the Bank of Brazil having the most unlimited confidence in the faith and capacity of the government, made very considerable advances to its officers to pay the troops & for other national purposes, which favor the king acknowledges in the most flattering and complimentary manner, and pledges his treasures, as above stated, as security or indemnity for the extraordinary disbursements of the directors. This act of the king was rendered absolutely necessary, in consequence of the situation of the Bank, which, it was ascertained, would become embarrassed in consequence of its immense responsibility for government debts, and the appearance of an excitement among the people, whose interest and that of the bank, it seems, are inseparable, the directors having conducted themselves heretofore in such a manner as to merit and receive their confidence.

In answer to a petition from the inhabitants made through the medium of the council, praying the king to remain in the Brazils, he remarks, that the new and extraordinary situation of the respective parts of the empire prevent him from complying with the affectionate solicitations of his subjects in the Brazils; but as an evidence of his attachment and reliance upon their good feeling towards his family, he leaves with them his grand son, heir apparent to his vast kingdom, who has instructions to organize and administer the government conformably to the liberal & enlightened principles contained in the constitution adopted by and emanating from the extraordinary Cortes assembled in Lisbon.

On the anniversary of the birth of the Prince a general amnesty was granted to all those officers and soldiers who had deserted the flag of their country, provided they returned to their duty within six months.

Fedl. Gaz.

What sub-type of article is it?

Political Royal Event Economic

What keywords are associated?

Brazil Royal Decree Bank Of Brazil Portuguese King Heir Apparent Government Constitution Amnesty Deserters

What entities or persons were involved?

King Grand Son Heir Apparent Prince

Where did it happen?

Rio De Janeiro

Foreign News Details

Primary Location

Rio De Janeiro

Event Date

23d Of March To Seventh Of April

Key Persons

King Grand Son Heir Apparent Prince

Outcome

crown treasures pledged as security for bank of brazil advances to government; king leaves grandson to govern brazil; general amnesty granted to deserters if they return within six months.

Event Details

Royal decree places crown treasures with Bank of Brazil directors to sell and credit government, securing advances made for troops and national purposes amid bank's financial embarrassment and public excitement. In response to petition, king declines to remain in Brazil due to empire's situation but leaves grandson, heir apparent, to organize government per Lisbon Cortes constitution. On Prince's birth anniversary, amnesty granted to deserters returning within six months.

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