The Sun.
London, England, 1854-09-01 00:00:00

SPANISH BONDHOLDERS.

The following important correspondence, rela•
tive to the claim of the Spanish bondholders has
been forwarded to us, by the committee, for pub-
lication :

(TRANSLATION.)
" Madrid, 22d August, 1854.

" Mr. Chairman,—Since I had the honour of address-
ing you in December last, a copy of the note which I had
about that time presented to Mr. Domiueck, the then
Minister of Finance, things here have taken such a turn
that no opportunity has occurred for 'taking any fresh
steps to obtain from the Spanish Gorernment an arrange-
ment of the certificates of the coupons.
"The Cortes, or Parliament, his been shut ; and
the Government, placed in a most unfortunate eitua•
lion,
has been without the means of doing justice to our

" late events, however, afford us a favourable
prospect for the future ; and even though in the midst
of the great and excessive political agitation which
threatens Spain, our claims will have some difficulties
to contend with ; nevertheless the necessity of a
means of reparation is at the present time generally
recommended.
" Mr. Collado, the new Minister of Finance, has ever
since the commencement of the discussion as to the set-
tlement of the debt in 1850 and 1851, expressed his
opinion in Parliameat as opposed to the confiscation of
the Couj ons, and whilst the Spanish Government, under
date of 12th inst., has resolved to convene the extraor-
dinary meeting of Parliament for the rennin. month of
November, I consider the time has arrived for again
preferring the legitimate demands, whose represeuta.
tion your committee has confided to my charge.
" I send you annexed the translation of a note, No.
I, which I have fOrwarded under date of 19th to hie
Excellency Jos6 Manuel Culled°, her Catholic Majesty's
minister of Finance. Ruder date of 21st I have sent a
copy of it, as you will see, by sheet No. 2, to his Ex-
cellency Lord Bowden, Who, with the energetic awl
prompt readiness of which he has given us s? many
proofs, imine.liately transmitted it to the Mu, et r of
rFeocroeui
in.dati e u pspaovrettesd
Nbov
.47113
antethea tahore.
p!es hoi
f
notes addres-ed by his Excellency d Howden to Mr.
Rteheco, and of the letter whica he has graciously ad-
dre-sed to me.

•• I have ..niv ftirthor to td. that Mr. Collado, to
whom I l ave personally banded the note (tral4ati.,n of
which is I'o.. iuld +4,r that uis private opitoons
are hot changed, that he would take our claims ii,to his
serious ettrisideration, anti lay them before hi, colleagues.
In compliance with my retiut.st, he has authotiNeti me
to communicate tics wt,rds to my constituents, and I
have now d. re ..$ vcrhat)— a= uttered by him.
Rest assured, Mr. Pres.dent, that I small do my
utmost to tom. the expecinGton.: .1 the committee, as far
as I am cuucerntd.—l am your humble servant,

" IGNACE BAUER.
"To the Chairman of the Committee of tipantbh
Buodholdere, London."
(TRANSLATIoN.—NO. 1.)

"The undersigned delegste of the English committee
of Spanish bondholders in the name of his constittp-nf4,
humbly appea:s to tLe sentiments of eqti;y and jest:o
of the Spanish Government.

" The.claims of the Engli-h creditors, based upon the
confiscation of the half of the old 4 and 5 per cent.
Coupons, has been the subject of repeatel appeals, ad-
dressed by its foreign and home creditors to the Spanish
Government and Senate ; and ever since the commence.
anent of the discussion regarding the law for the settle-
ment of the debt, until the present time, the creditors,
strengthened by their fights, and confiding in the good
faith of the Spanish Legislature, hare never ceased to.
protest against the arbitrary violation of their interests,
"Their legitimate demands have been so often and WI
clearly represented, that the undersigned delegate of the
English committee deems it needless to reciprocate the
origin and history of the same to a person so well ac-
quainted as your Excellency with the 4nancial position ,
of his country. -- . ....
" That which again restorektbereonfidence of the Spa-
nish bondholders, so often shaken, is the fact that the
destinies of Spain are confided to the enlightened and
patriotic direction of a Government whose motto is pro-
gress and juvice. For the present, there is not a claim
or exaction of sacrifices made upon the Spanish nation ;
and in which case your Excellency could not countenance
the claims of the English creditors. But the state or
position in which the Spanish credit is placed will best
suggest to your Excellency whether Spain can much
longer refuse to do justice to the demands of the credi-
tors, and your Excellency cannot but be con-
vinc;ed that this just reparation is the only course by
which Spain can ever see her credit revive and obtain
the resources indispensable for the carrying out or de-
velopment of the grand projects destined to enrich
the country.
"E.,r these reasons, so highly politic as well as equit-
able, the undersigned delegate of the English committee -
hopes much from a cabinet whereof your Excellency forms
a member, and the head of which is the illustrious Duke
of Victory ; and that her Majesty's Government taking
into serious consideration the deep importance of the
subject, will submit to the high Parliameut such 'mea-
sures as may be deemed requisite to efface this last blot
from the Spanish escutcheon, and repair the errors and
wrongs of the . past, and to secure for an immediate
future those advantages, and that progress, that such a
great nation should not longer de deprived of.
(Signed) " IGNACE BALM;
Delegate of the English Committee of Spanish
- Boodnolders.
"To his Excellency Joseph Ilanuel Collado, Minister •
of Finance."

(TRANSLATICS— COPT.— No. 2.)
"My Lord..—l have the honour to ti,nd your lord-
ship a copy of a letter whiCh I have just forwarded to
her Catholic 11,jesty's Mintster of Finvice, in the idtme
of, and as delegate of, the English Committee of Spanish
Bondholders.
" It is to you, my lord, who have always so strongly
defended and maintained the E iglish interests included
in this question, that tha Lorid-n committee, full of con-
fidence in your lordship's good• will, make a fresh appeal,
and I make bold to beg y,eur lordship to kindly support
the step which I have taken in every way that y
think proper.
" I have had so many proofs of the powerful and
ready patronage accorded by your Excellency to the
claims or demands of the committee that I make bold to
type that the concession of this new favour may add
another to the many obligetions I am at present under.
—I remain, your lordship's most humble servant,

" IGNACE BALD ,
" To His Excellency General Lord Bowden,
Envoy Extraordinary and Plenipotentiary
to her Britannic Majesty," &c., &c.
(COPY.—No. ;.)
" British Legatilin in Snain, Madrid,
21st August, 1854.
" Sir,—l have had the honour of receiving your letter,
enclosing me copy of a communication made by you as
agent of the English bondholders to the Minister of
Finance.

" I lost no time in transmitting the document tO the
Minister for Foreign Affa,irs, accompanied by the note
of-which I annex a copy.--I
.have the honour te be, sir,
your most obedient humble servant,
"Ignativaßauer, Esq."
(Copy.—No. 4.)
" British Legation in Spain, Madrid,
21st August, 1854.
" Sir,—l have the honour to transmit to your Excel-
lency copy of a communication addressed by Mr. Batter,
the agent of the English bondholders, to the Minister of
Finance. I not only earnestly request your Excellency's
attention to this document, but I crave your assistance
to the contents.
" The fairness of the claim nobody can doubt, for the
scandalous injustice done by Senor Bravo Murillo to the
creditors of the State has been the theme of eviry.press
in Europe.
"I have been instructed at various times by my Go-
vernment to press urgently the payment of these arbi-
trarily confiscated C lupons • and I can assure yoir Ex-
cellency that the public of 'England is at this moment
anxiously demanding that correction of past.wroos !Td
bad faith which they look upon themselves as jObbod
in expecting from a Government that inscribes ipublie
and private morality on its banner.
"Feeling convinced that your Excellency .vill take
this subject into serious cousideration,and_grePl77l
its extreme impertance in those branches
etnliil
Minis.vs
try which it may snore immediately conoorm
mys,lf, &c., &c.,
"To his Excellency Senor Pacheco," &O.

"Homus.

" HOWDBY.

HOPE.—The plantations in theneighbourhood of Maid.
stone have experienced an improvement within the 144
few days, espeeally those growing grapes. There is still,
however, little prospect of anything like a crop.
The mould has done extensive mischief. Where the
plants were least affected by the vermin therelm bees
too much sap in the bine, so that those which apP-ared
least flourishing a short time ago, now in many places
look best. Generally, however, there is a l
compla •l
that the growth advances slowly and unevenly- and
while some are nearly fit to pick, others are not yet out
of the burr. In Aylesford the hops are
_a very mail.
factory state generally, and in Wateringhury, Mere.
worth, and Teston, the extretnel7 warm favourable
prove
weather C 111148,4 the hops to grow andil
far beyond
expectation. The splendid weather is having a good
,effect on those plantati.tus that -.how burr, as well as
those which awe t.)!erably well out
/otiti-tiea, no doubt increase ourlan hop,
cerag W'd will,
eitlittle if it
; hat
the majority of the grounds are past ree,rtry.—Soug.
Eastern Gazette
ACCIDENT TO THE TVI (MIS 011' BATE!. —The Banffshire
Journal states that theAlin arq ..is of Bath, by an maiden*
while in, lie pursuit of red deer, fell over apreeipieet
and -Ekeverblyil
n'nred one of his legs, which has prevented
ilia 1%44* "folk •
- vfpir tbf pumas of the moan.