The Sun.
London, England, 1839-01-30 00:00:00

THE NEW SPANISH LOAN.

sth TO THE EDITOR OF THE SUN.
litt,,T"-The jugglers who have already robbed many, and
in a ruined not a few, by holding out baits to the unwary
kiti,7 !bane of Spanish Bonds, are anew at their work. A
SptouT Something, of course the richest Grandee of all
of r'r!, is said to be on his way to this country, with the object
ta4hal!ing funds to extricate the Queen Regent from her
short difficulties, and thereby put an end to the war in one
A.`„earapaign. He is preceded by certain persons who have
I),rnluY raised the wind, and are now puffing up Spanish credit,
bY purchasing Spanish Stock, and chiefly by getting a
out ." Of the London Press to second his views in holding
be se of
of various kinds to simple Englishmen, who will
tve ii.,114 enough to lend money for the sake of liberty. A
kaet"Y Paper, last Sunday, led the way with the following
fe,„gllifoquent announcem"nt :—" He must indeed be an indif-
Sp". t Spectator of the warfare which has so long desolated
the
~, who does not perceive that the financial difficulties of
pi;.,v-I.een have alone prevented the extinction of the Carlist
fri,Y„' It is, therefore, with great pleasure we learn that the
k f liberty may now look forward with certainty to her
l
e' "t Y's Government being supplied with what is aptly de-
ogbilatecl the strongest sinew of war." This appeared in the
phrserwar in English, but the idiom, and the high-sounding
dona:"lngy, denote its Spanish origin, and there can be little
the at
that the Observer has been imposed upon by some of
witi:gents of the Camarillo at Madrid. The same Paper adds,
.agreat simplicity, that, according to those best informed,
alreey
„ tenths of the amount deemed necessary have been
ea. 4 tuen,Y. Proffered by foreign capitalists." No impartial reader
ea,t, e!leve any one of these three statements. The Queen's
of °as been destroyed by treachery, the greedy functionaries
he e Pain, and not the friends of liberty, will be delighted to
sin r that the Queen will be speedily supplied with the strongest
sine
or War, and the seven-tenths proffered, and the other
rileree-tenths, are all to be pulled out of English pockets. The
abtns proposed for paying the interest of the loan prove the
greatshtY of the scheme. Whence do your readers think the
et' Portion of the revenue is to be derived? From the
Udsr°,,rn dues of Havannah, Porto Rico, the Philippine Islands,
Itll4-,e'lle, never failing Almadan mines. The Rothschilds have
yea , "'lig to say to the last, and all the others are not worth a
davr_sprchase. They might declare their independence the
-9ter the payment of the loan, and easily purchase the
e,oonivance of the Spanish Government for an additional sum.
4he Morning Chronicle next takes up the burden of the song.
The writer, after stating that he understands there is good
foundation for believing the statements in the Observer, pro-
eoeds in the following vigorous strain :—" Spain requires a
bold and energetic measure to relieve her from her present dif-
ficulties , and nothing could more readily tend to weaken the
i',l4e of the Pretender than a display of life and vigour in the
ifrorent departments of the State, while the grand obstacle. to
dashing„,, military movements would be overcome by placing
;„"equate funds at the disposal of the Minister." Previous to
is dashing display, the writer had discovered the grand secret
100 Spain had been unable to raise a new loan—she had asked
1 small a sum. In other words, a country which has utterly
naedit on every Bourse in Europe may raise twenty mil-
-ns sterling, but cannot raise five " The grand point, how-
++ concludes the writer, "is to restore confidence, and
th:n tlaat is effected wealth will soon follow." That is indeed
it grand point : and John Bull, I trust, will take care that he
not lulled into confidence. If he is, he will be deceived as
111 t
has hitherto been, in every transaction with a country with-
: credit, without revenue, without faith, and without pa-
:4l,ltism• Spain has tried every other scheme to get money,
3 now she tries to impose on the English Press.
"an. 29. CENSOR.