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Foreign News March 26, 1822

Richmond Enquirer

Richmond, Richmond County, Virginia

What is this article about?

Lisbon papers to Jan 26 report Cortes discussing new constitution and establishing trial by jury on Jan 9. Decree passed for a bank with $650,000 capital, but subscriptions low. Ship of the line and transports with 1200 troops sailed for Rio de Janeiro on Jan 18.

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FROM LISBON.
We are indebted to Captain Taylor, of the ship Alexander, arrived on Saturday, for a file of Lisbon papers to the 26th of January inclusive—they are without interest. The Cortes were occupied in discussing the articles of the new constitution. The trial by jury, in both criminal and civil causes, was established by that body at the session on the ninth of January.
A decree has been passed by the Cortes, for the establishment of a Bank at Lisbon, with a capital of 10,000 shares, at 500 mil reas each, equal in all to about $650,000, with exclusive privileges for 20 years, on condition of loaning two-fifths of the capital to the government, at four per cent. interest. The subscriptions, at the last dates, amounted only to about one-eighth of the proposed capital, and it was doubtful whether the plan would be carried into effect. The last article of the decree authorises the government "to obtain and employ the plates of the invention of the celebrated artist Perkins," in order to prevent the falsification of the paper money of the kingdom.
Captain Taylor informs that a ship of the line and six transports, with 1200 troops on board, sailed from Lisbon on the 18th January, for Rio de Janeiro.
N. Y. Gaz.

What sub-type of article is it?

Political Economic Naval Affairs

What keywords are associated?

Lisbon Cortes Portuguese Constitution Trial By Jury Lisbon Bank Troops To Rio De Janeiro

Where did it happen?

Lisbon

Foreign News Details

Primary Location

Lisbon

Event Date

26th Of January

Outcome

trial by jury established; bank subscriptions only one-eighth of capital, plan doubtful; 1200 troops sailed for rio de janeiro.

Event Details

Cortes discussed new constitution and established trial by jury on ninth of January. Decree for Lisbon bank with 10,000 shares at 500 mil reas each ($650,000 total), exclusive privileges for 20 years, loan two-fifths to government at 4% interest; uses Perkins' plates to prevent counterfeiting. Ship of the line and six transports with 1200 troops sailed on 18th January for Rio de Janeiro.

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