The Sun.
London, England, 1855-11-08 00:00:00

NEW GRENADA DEBT.

The following letter has been addressed to a contsm
porary

Sir,--Your admirable remarks on the above subject,
in your last number, elicited general approval. I hear
that at No. 1, St. Swithin's-lane, a report of the commit-
tee is now out, and given gratis. Your attention is spe-
cially requested to the letters of Lord Clarendon, which,
I hear, are quite decisive as to the course the committee
and bondholders should follow on Monday next. Mr.
M'lntosh is to keep his bonds. The New Grenada Go-
vernment opposes no difficulty to his retaining his
709,000 dollars. Why, then, are the bondholders to
give back the 907,000 dollars which the committee have,
and hold on their account ? The bondholders would do
well to say " Divide and distribute " the sum, paltry,
truly paltry, as it is, compared to the gigasitic claim of
the duped creditors. Messrs. Baring are employed in
this dirty business, and no house in London better
knows how shamefully the holders of South American
B ands are treated. Their own contract with Buenos
Ayres is a sad illustration. A l'an to Buenos Ayres, in
1824, at 85 is worth now about 55, with, or including,
only 1501. per cent, more overdue for about 26 years' of
unpaid interest. The position in which Baring and Co.
are placed, as honourable men, it is needless to mention.
This affair of New Grenada, however, is one quite with-
out parallel, as your able correspondent will discover on
inquiry. It is, in short, a " bill paid," and money
wanted to be refunded ! This is my apology for again
directing- your attention to it. At page 42 of Report,
Lord Clarendon's letter is a settler of the case ; and it
the committee of bondholders give up to Baring and Co.,
or give back the said bonds to Montoya, Sacrez, and
Co., there is an end to Lord Clarendon's advocacy and
interference in future. His lordship would assuredly
consider committee and bondholders a parcel of absolute
dolts, after procuring them the bonds.
I remain, Mr. Editor, with sincere gratitude for your
able advocacy of the rights of that miserably ill-treated
class (whose trillions-20,000,0001. and more—were lent
to South America for their independence and prosperity)
—viz., holders of Spanish American Bonds.—Your obe-
dient servant, a constant reader, and
City, Nov. 2. ONE OF THE DUES.

THE ALLEGED DEATHS FROM STARVATION.—LIVER•
roor, Wcdnesday.—We noticed yesterday the deaths of
two children belonging to a man named Aspinall,
in this town, who, it was alleged, bad died from the
want of proper nourishment at the hands of their parents.
Two bad died previously from that cause, and the pa-
rents are now awaiting their trial at the forthcoming
assizes on the charge of wilful murder. The inquest has
been held on one of the children who died on Sunday,
and as it was evident that scarlatina had been the cause
of death, a verdict to that effect was returned.
DEFECT IN THE NEW ACT ON BILLS OF EXCHANGE.—

The 171;;;;hav; discovered a great defect in the new
act on bills of exchange and promissory notes. It seems
that there is no provision to allow costs. The question
arises, whether by the Common Law Procedure Act,
which is incorporated with the new law, or by the judges
framing rules, as they are empowered to do, a remedy
can be found ?

Vice Admiral Trehouart, now commander of the Me-
diterranean squadron, belongs to one of the oldest fami-
lies of the French navy. He was born in April, 1798,
and embarked as midshipman on board the schooner
Emulation in 1815. He attained the rank of lieutenant
in 1829, captain In 1843, rear-admiral in 1846, and vice-
admiral in 1851. He was promoted to the rank of
grand officer of the Legion of Honour in 1849. One of
the most gallant achievements of the 'Admiral was his
attack, when a captain, of the batteries of Obligado in
the river of the Parana in 1845, where his conduct ex-
cited general admiration.
It becoming known at Madrid that Espartero wee
about to dispose of his house at Lagrono, the
pality of Valladolid set on foot a project for erethe
ct-
ing a palace by subscription, to be presented to
distinguished General as a testimony of the national
esteem. Espartero, however, upon becoming aware of
the movement, addressed a letter to one of its origina-
tors, stating that he fully appreciated the motives which
ed for m, adding, had dictated it, but that he bad come to the determina-
tion not to accept the honour he wasintend resolvedhi to provide
that as the wants were few
for them by ilia own exertions
_