The Sun.
London, England, 1850-08-27 00:00:00

SPANISH BONDHOLDERS.
TO THE EDITOR OF THE SUN.
SlR,—The public J,ttention being at this momen t
directed to a general meeting of Spanish bondholders
convened for Wednesday next—and consequent upon.
another proposition for carrying out the Peninsular
system of spotiation—l feel assured that your well-known
zeal i❑ the public weal and general rights insures your
ready cooperation for the redress of the long defrauded
foreign creditors of Spain. If private wrongs receive
atteetion from our highly talented Minister for Foreign
Affairs, we cannot reasonably suppose that he will over-
look public ones, or continue to give any sanction to
Governments w hich, regardless of every principle of ,
honesty and justice, violate their pledged national faith,
and thus strike a fatal blow to public credit and com-
merce. The question does not merely relate to the
ruined bondholders of Spain, but, as a matter of course,
interests all persons concerned in foreign securities and
loans; for if the system of repudiation be allowed in one
ally it would soon be perhaps conveniently adopted by
others, and thus eventually produce general bankruptcy.
If Governments, boasting of their resources, may do this
with impunity, with what consistency can the law be
put in force against private individuals? As to the
evasive conduct of Spain, her total 'disregard of every
promise, whilst she recklessly pursues a system of extra-
vagance, and the ready adoption of the same iniquitous
system by Portugal, it is ull too well known to need
comment from my pen; but I cannot doubt that the
colossal power of the press will be exerted in support of
foreign creditors, and an exposure of the infamous pro-
positions of Spain.—l am, Sir, yours faithfully,
A SPANISH BONDHOLDER.
August 26, 1850.

KOSSUTH'S LETTER to GEN. CASS.
Kutaya (Asia Minor), May 25, 1850,
General,—lt is already ten months that I have the
anguish of exile to endure. Nature has man's mind
with wonderful elasticity endowed. It yields to many
changes of fate, and gets accustomed even to adversity.
But to one thing the patriot's heart never learns to inure
itself—to the pangs of exile.
You remember yon patrician of Venice, who, when
banished, feigned high treason, that he might at least
from the scaffold cast over the Rialto a glance once more.
This fond desire I can easily understand. I can so
the more, because yon Venetian, though exiled, knew
his fatherland to be happy and great; but I, sir, carry
the dolor of millions, the pains of a downtrodden country
in my wounded breast, without having even the sad con-
solation to think that it could not otherwise be. Oh, had
Divine Providence only from treason deigned me to pre-
serve, I swear to the Almighty God the threatening
billows of despotism would have fallen like foam from
the rock c f my brave people's breasts. To have this
firm conviction, sir, and, instead of the well deserved
victory of freedom, to find oneself in exile, the father-
land in chains, is a profound sorrow, a nameless grief.
Neither have I the consolation to have found mitiga-
tions of this grief at the hospitable hearth of a great free
people, the contemplation of which, by the imposing
view of freedom's wonderful powers, warms the despon-
dent heart, making it it in the destiny of mankind
belie re.

It is not a coward lamentation which makes me say
all this, General, but the lively sense of gratitude and
thankful acknowledgments for your general sympathy.
I wanted to sketch the darkness of my destiny, that you
might feel what benefit must have been to me your beam
of light, by which you, from the capital of free America,
have heightened my night.
It was in Broussa, General, that the notice of your
imposing speech has reached me; in yonder Broussa,
where Hannibal bewailed his country's mischief, and
foretold the fall of its oppressors. Hannibal, exiled like
myself, but still unhappier, as he was accompanied in
exile by the ingratitude of his people, but I by the love
of mine.

Yes, General, your powerful speech was not only the
inspiration of sympathy for unmerited misfortune, so
natural to noble, feeling hearts—it was the revelation
of the justice of God—it was a leaf from the book of fate,
unveiled to the world. On tbat day, General, you were
sitting, in the name of mankind, in tribunal, passing
judgment on despotism and the despots of the world;
and, as sure as the God of Justice lives, your verdict
will be accomplished.
Shall I yet have my share in this great work, or not?
Ido nut know. Once almost an efficient instrument in
the hands of Providence, I am.now buried alive. With
bumble heart will I accept the call to action, should I be
deemed worthy of it, or submit to the doom of inactive
suff-rings, if it must be so. But, be it one or the other,
I know that your sentence will be fulfilled. I know that
aged Europe, at the sun of freedom's young America,
will herself grow young again. I know that my
people, who proved so worthy of liberty, will yet,
notwithstanding their present degradation, weigh
heavy in thi. balance of fate ; and I know that, as
long as one Hungarian lives, your name, General,
will be counted among the most cherished in nay na-
tive land as the distinguished man who, a worthy inter-
preter of the generous sentiments of the great Ameri-
can people, has, upon us poor Hungarians, the consola-
tion bestowed of a confident hope, at a moment when
Europe's decrepit politics seemed our unmerited fate for
ever to seal.

May you be pleased, General, to accept the most fer-
vent thanks of an honest friend of freedom. Let me
hip' that, should Mr. Ujhezy (my oldest and best
friend, and present represent:ail e in the United States),
in the interest of the holy cause to which you hare so
generously your protection accorded, addresses bintselt
to you for something which you might, in your wisdom,
judge convenient and practicable, you will not withhold
from us your powerful support; and please to accept
the assurance of my highest esteem and most peculiar
veneration.

L. KOSSUTH, Anc. Governor of Hungary.
To the Honourable the General Casg, Washington.
I hope you will excuse my bad English. I thought it
my duty to address you in your own language.