The Sun.
London, England, 1836-02-24 00:00:00

THE SPANISH SECURITIES.

TO THE EDITbR OF THE SUN.
Ste,---The impartiality of your columns, and the strenuous
support that your valuable Journal affords to the liberal insti-
tutions at home and abroad, inspires me with confidence to ad-
dress to you the following lines :
The British people have been most grossly imposed upon ; and
malice has set at work all its art to plunder the unwary, and to re-
duce, if possible, to misery many respectable families vi ho have in-
vested their property in the Spanish Securities.
A Tory faction—a Carlist party—the constant and avowed ene-
mies of the cause of freedom and improvement over all the world,
after having tried in vain their efforts in both Rouses of Parliament,
led by men of such character and oratorical powers as the Marquis
of Londonderry and Messrs. Fector and Price, in revenge for their
defeat, have directed their attacks upon the fortunes of those persons
who are giving support to the liberal Spanish cause. It has been
for them a matter of no great difficulty to employ some persons
lately discharged from the British Legion as tools to perform their
work; as vile emissaries to promulgate various reports of the state
of the Queen's'cause.

Unfortunately, the present profligate and deirioralized state of
part of the English Press has lent its assistance to seccni their
views by inserting in its columns all the inventions and falsehoods
that these worthies have lately circulated.
We have heard of the English Legion being reduced- te"3,000
men. It is calculated that 11,000 men have been sent to Spain.
What has become of the remainder ? It is allowed that sickness
prevails among its ranks ; but only in that degree which prevails
in all armies during the winter, when they are exposed to the ri-
gours of the season. Even the plagues of Egypt would not have
caused such mortality as they wish the incautious to believe.
We have heard of the inability of the Spanish Government to
pay the dividends which will fall due in May next.
Lot men open their eyes, and see the conspiracy that is practised
to frighten them. The conduct of the Spanish Government has
been strictly honourable, and entitles it to better estimation and
credit.
The army is daily receiving additional means, and has increased
its force by 50,000 men at least, besides the additional strength of
the English, French, and Portuguese Legions ; and a decisive blow
is expected as soon as the weather will permit the beginning of
general operations.
The country in general is enthusiastically raised in support of the
Queen and liberal institutions ; handsome donations are potiring
into the Treasury from every quarter of the Kingdom.
Where are the demonstrations shown in favour of Don Carlos ?
Has there a single to all declarettin his favour ?
The patriot Alendizabal has completely gained for himself the
confidence of the nation; and every measure of his Administration
is hailed by the people.
With such an array of real and established facts, what doubt can
there be of the honourable fulfilment of the obligations of Spain?
Mendizabal has promised that he will find means not only to put
an end to the civil war, but to consolidate the national credit.
But let us suppose for a moment that all the plans of the Minister
may fail ; the monastic property of Spain amounts in value to more
than 50,000,0001. (fifty millions sterling), consisting of the best
land and other most valuable property ; upon the security of which
no body will doubt that a sum can be raised (even in Spain without
applying to a foreign market), sufficient not only to pay the divi-
dends, but to enable the Government to meet all its exigencies,
even allowing its pecuniary state to be so bad as it has lately been
represented.
Mendizabal said in the Cortes that "every thing may be obtained
of a country when it is not deceived." Let every friend of Spain
rally around him and depend on .the assertion of a tried and honest
patriot.
The cause of the Christinos in Spain is the same that we arc now
supporting in England—the cause of the improvement and amelio-
ration of institutions founded in the times of pries craft and igno-
rance—tile cause of liberty against intolerance and tyranny—the
cause of the people against the formidable power and usurpation of
aristocracy and despotism. I am, Sir,
Your obedient servant,
VERITAS.