The Sun.
London, England, 1839-06-12 00:00:00

THE COLOMBIAN DEBT.

Advices from Bogota of the 29th of March, state that,
n order to enable the Executive to furnish Senor Mos-
querar (who was on the point of leaving for London as
Commissioner from New Granada, for the arrangement of
the Colombian debt) with more ample powers, a law had
been introduced into Congress, of whi::11 the subjoined is
a copy. It had passed the Chamber cf Representatives,
and also the first reading in the Senate. By the former
Act of Congress, specific revenues were appropriated to
the interest on the foreign debt, but this Act enables the
[nTelcycsisni:yteafdactillletarteeof
tahefixaii:.dr a
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London :
‘; The Senate and Chamber of Representatives, &c., whim
a view to remove any doubt or difficulty which might
present itself in the ratification and punctual fulfilment
sf the arrangements referred to in the fourth article of
the treaty entered into with Venezuela on the 23 1 of
December, 1834, respecting the recognition and division
of tiro Active and Passive Debts of Colombia, decree:—
" Art. 1. Notwithstanding what has been ordered by
Art. 3of the law of the 20th of April, leas—the applica-
tion, namely, of certain casual funds for the payment of in.
terest on the Foreign Debt—the Executive, in the arrange-
ments about to be made with the foreign creditors, shall
be able to fix definitely the application of a certain sum for
the
debt.
payment of interests which become duo on the
same

" Art. 2. Should the provisions of the preceding article
be acted upon, the casual funds' alluded in Art. 3 of the
above- mentioned law shall be paid into the generi Trea-
sury (always provided that the sa;d provisicus do not
interfere %sith such a course), and Con; re,s shall rote an-
nually the sum agreed upon between the Executive and the
foreign creditors.

Fart. 3. Two million acres (fanegadas) of waste stids
shall be appropriated to the payment of interests due or to
the liquidation apart of the capital of the foreign debt.
The Emecutive shall dispose of them on the following con-
ditions:—

" 1. They shall be disposed of to the highest bidder.
" 2. The waste lands thus to be disposed of shall be se-
lected by the creditors, but they must not fix upon more
than 200,000 acres in any one province.
"3. These lands must not have a frontage to the coast,
too navigable rivers, or to public roads, of more than one-
fourth part of their depth. The costs of measuring, de-
marcation, &c., to be paid by the creditors or their repre-
sentatives.

"4., If these lands shall be populated and colonised,
the pe"OPe shall be subject in everything to the laws of
New Granada; but if any concessions or temporal gua-
rantees are considered essentially necessary for the pros-
perity of the settlers, they shall obtain such concessions or
gwzrantees, immediately on their being neutralised. which
can Ve done by their establishing themselves in the country,
and signifying a wish to that effect.
" Bogota, March 26, 1839."

_._=,._.—.............,,.........mt HONESTY OF THE TURKS.—Mr. Fellows gives
the following account of this primitive people :—" About
three miles from the town of Adalia, my servant found
that his great coat had fallen from his horse; riding back
for two miles, he saw a poor man bringing wood and char-
coal from the hills upon asses, on ::eking him if he had
seen the coat he said that he had found ii, and had taken
it to a watermill on the road-side, having shown it to all
the persons he met, that they might assist in finding its
owner. On offering him money, he refused it, saying, h
with great simplicity,d t 117, thiet
was quite safe with the miller. My servant then rode to
the house of the
miller,ta that the coat
huimmediately
was
his,gave
it u
also refusing to receive any reward, And saying, that he
should have hung it up at the door, had he not beer, about
to go down to the town. The honesty, perhaps, may not
be surprising, but the refusal of money is certainly a trait
of character which has not been assigned to the Turks."
FURTHER IMPROVEMENTS IN SMITHFIELD
MARKET.—The completion of the improvement of Smith.
field Market will take place in a few days, by a further en.
largement of it at the north side. During the last few
days workmen have been employed in taking down the
houses at the end of Long.lane, which formed an ob.
struction to a view of the extensive improvements which
have taken place beyond it. When down, there will be
still further accommodation for the cattle.