Star.
London, England, 1823-01-13 00:00:00

•
COLO.3I4IAN LOAN. I for the Service of the Republic. They accordingly
• • . • ' • met Mir -last, and concluded
.440VATGLIP/1481 a. very fronded ,Piketkpg was held cormact-for the Loan of bio Millions stet ling at 80-
',:te City of LonacinTa.vern, v,for the 'purpose .o(re- Illeeceot. hernia 6 per cont. interest.
.ihg from the Conti :Ulan fortheßaelosninantloon I *The* • • La. Which chit Mart raised Itte:"-
aecoutst the:whole of their. proceediega.initielusi,heen itieirieel-env
late negociationloe the.Leats,in.thed„oForappiying
atd of *Colombian Republic ;:and Iowa( *kr igh..plit4r,. the President, tet himself io ict•tooder
'tequent Communications. with ;the new,rateterftmelati the tPedel etttlforitritiftla.)niiirs
-.since Mr. tgeS death. .:.. • • _ -• congtOSS and.•_.COlinter_ tfy:111: . '
At one. o'clock,. the.time appoiniesCnii.74.teOM- Piene, Moister' 011sireein .;.ti
mencement of business, it was intimousil thai,the Lopilon. The Loan has been appropriated; to the
LORD Maio*: ea• Mr. Aldertnan Wool) were mo- service of the pqeriinitmt•Of tialdnabia;•ler paying
menterdy eapected. to take the Chair,. but that,. in Off debt
the interim, to„faeilitat. business, Ph,•Mderniao ,„thtitl in otherdiseyinents. for account Of4.die.., 1 ;7%,,ieris-
:Bit DORS .WOUld preside; tGe.westh4 Alderman ac. ranept; directed by Mr...Zet: • Mra..ea.hat not dtaw*,•
cordingly Obeyed the call of the Meenng„and-thnlithe, front the Loan for 'hi sr Ment., flair 'it FAO"-
Chair,Which be occupied the rernaiedee of the -day, ' thotisad pc3iinda. 'ffieTnitonricer.•lo a`iiiiriheS •
4u,arasiesz, in openiog thebuSiness; inferest:which had, Accnie4,
was .quite unprepared for the honour. which they had lOani- it 777122 W. ss. 2d. egzeement with • lkir:
'conferred upon him, nor was he at all preparedwith Sea; the coi tractork in order to afford ample time
any knowledge of the business, for which they were ter
met, so as: to enable him to fipilitate its progress._ lornbli, and "in' *Pierierif
To prevent the Meeting from being idle at.that hour failure in the punctual paynient of- the dividensis to •
of the day, he was, however, ready to take the Chair. the bondholders, were to retainliotirshe 'Loan' the
Perhaps, at the same tune, it would be right for him amount' ecesSary for the fill;
Hto say, that he had no interest whateverin the busi- 'mints Or interest. This hai acZoidingq Veer' done.
ness, for he had not one, shilling in the Colombian They have paid the first half-year's interest, and they
Funds, and he only attended to hear what was to retain in their bands the amount of three more half-
occur through curiosity. yearly payments. Mr. Zea always stated, in all the •
It was observed, that the worthy Alderman, be- contractors' communicationiiiittnini, that nothing
ing disinterested, would make the better Chairman. but time was wanting for the ecitnplete organization
Mr. Pow Les (one of the Contractors for the Colour- and developement of the resources of Colombia ; that
bian Loau) then presented himself to the Meeting, the debi of the country was as nothing compared
aid read the following statement, for the infortnatiou with the extent of the resources, when agriculture .
of. the holder's of that Stock, as explanatory:4;the theohl beget erallY resumed, and the mines 'should.
origin and subsequent transactions of the Loan t .be at work (the revenue from' Which he desciihed at'
6. The Contractors for the above Loan hive thought being very considerable), a representation which sties'`
it right to call the present Meeting, for the purpose !Certainly borne out to the contractors by the infrirL:'
of spewing to the holders of the Bonds the precise mation received by themselves from that ciortitr)•'.--...._
foundation on which this Loan rests, and thereby re- Since the conclusion of this Loan,' .two doentnents '
moving the many misconceptions which trey perceive have appeared in this country, which' have given rise..
Ito prevail respecting it. td great agitation: the first a Pioclamation, dated
" The late Mr. Zea,,who was known tothaipart of Bogota, the.lst of :rune,' from; the Vice-President, de-
lite British Public which had-given its attention to the daring that no person was enthroned to make, en...•
affairs of South America, as having been some time gagements on behalf of the Reputlie,.• and that Arr. •
Vice-President of Venezuela, and as having on the Zea was only authorized for political purposes ; and
formal union of Venezuela and New Grenada, under the second a letter from*Don Pedro Gual, the fslinis.
the title ofthe Republic of Coldmbia;-. been appointed ter for Foreign Affairs, to Mr. Zea, dated September
Vice-President of Colombia, arrived in Londonie the 29, 1822, and annexing a copy of one of the 13th of
month of jene, 1820, charged with full powers as October, of the preceding year,A. which ,Mr. Zea -
Minister Plenipotentiary of the Republic. Nothing was directed nn longer to,exerCise his funitions in •
'timid be more ample than the construction of these Europe. The first' of these papers reached England
dowers; they invested him with the whole .repre. in October, 1822 i six nnonths after the Loan was con-
sentitio4;of Colonthie, for every species of:affairs— tracted ; and the second in the fresentniottth;', The:*
4 wit:l;4*ov; to appoint resident or eztraprdinary Mi- first observation that arises on these papers is; that
nisterso. Constils, Agents, and•VoinsuiaSioneism-i. w
,no notice of any kind cantake a retro pectlee effect,.
establish•the public credit on a solid and permanent...orheveiny influence on transactions preciously con-
basis'-s7.' to treat and agree with creditors on the cloJedi not:the slightest intiinatidn had ever been
means of emitting the, papnetit, of their tesp,ectiee given in -Europe that Mr. Zea's powers had been
clairns,'.4ic. It appears; in .shOrt;,,al if..the:GOe.rik ritotid; and it is due to the memory of that Gentle-
Meet of • Colombia had desired• to place .its wittily, man'to say,'rliat independently of his public and so•
power, for, all purposes in Europe,• in the-hands of.lemnAiselair'atiOn his letters of the 22d of October •
Zea,.which, considkrinri the leadinikart;that he, and the 4411 of November, that.his powers and his in4t.'
had taken in establishing the liberifOlhss contitry,c ttructiOns remained in force without the slightest al-'
and. his having-for a considerable time wit the set- tee:nit:Me there are the srrongest.possible reasons for,-
coad offics in the State, only served.to. she. terthose, concladirig 'that no notice of.** recall ever reached',
with iithornii. had interconrse, enjOyed fret* Dirt. All his acts tend to eitablishthiaimpressiott:''
his couatry.Aat confidence:which h 6 l , ong "'On the.Bth et April last, nearly it month, ,
might seem to entitle him t 0.., Ttlat 410 .pus t4W the loan Was- eonellided, Mr. Zea' Male a formal de.:,
deficiency might arise in the powers of Mr. Zee, by an Official note addtesie terthe 'cliffeterit
the CongresrfflBlo Raped a *wig decree, .autho- 'Governments of Europie,.of the recognition Of the in-
riziug the President to grant • Mai' -e.4.;:fprdfnar.y dependence of Colombia, which was published in Elie
powers to meet any emergencies :that, might arise,
'Newspapers. he sent' Ms Secrerasysfrom'
pending his mission in La to which. the an. Paris io London, with 'diApatchet td' the late' Lord' .
thority of the President might' roie inadequate.-- Londonderry on the seine Vali*. On hisarrital
On his arrival in England*. One of the 'first objects London, afterwards himself, he bad 'nevi. snore
terwhich Mr. Zea directed his attention, was the situa- terviews with that Nobleman.* In' Juty.of Auguit
don of the part*: who had claims On the Republic. received from the Portuguese AMU:sadist, the toe.'
He consulted his friends on the expediency of raising knowledgrnent of •the recognition areolbaibia by J
,a loan to discharge these claims. He was strongly. that Government ; and in •September last he carats'
recommended to postpone any such attempt until from Cheltenham to London, for the purpose of •
circumstances should be more favourable to its suc- meeting the Swedish Ambassador, with whom he haa
cess. He therefore called the creditors together, and, important negotiations. These circumstances are .
alter two meetings, at which Mr. Zea stated to them from sheaving anything like a consciousness on the
that the country was rich in resources of the most part of Mr. Zea of his having been recalled, and it
productive kind, that nothing, but time was necessary will be observed that they all occurred before the
to mature them, and that it wanted neither the abi. partial restoration aif his powers, .which the Minister
lity nor the inclination to discharge claims which it for Foreign Affairs states, in- his letter, took place on
held to be of the most sacred character ; it was the Ist of June, by the Vice-President's Proclamation,
agreed, that he should issue transferable debentures that document not having arrived in gurepe till 0c...
to the creditors for the amount of their respective tober following. At any rate, if Mr.'Zeii was con- '
claims, bearing 10 per cent. interest if paid in Lon scious of his recall, nobody else in Europe, could -
den, or 12 per cent. if paid in Colombia, and the de. knovi anything abont'it while he ontinued exer.T
immures were issued accordingly. As his authority. cite all the fanctiOns of hiroilke, without any visible'
for doing this, Mr. Zea fuinislied the Committee of diminution of his powers," withoutthe itpointment
the Creditors with an extract from his poWers: the of any successor to replace him, or the slightest ex-
Committee of the Creditors save notice, on the 16th ternal circurtistance by which that fact could be
of November, 1820, to General Bolivar, the Pre- known to others. The Atithoritigt in Colombia. ap-.
sident of the Republic, of the arrangements they had pear to have been eslittle aware of the recalkas per-.
made with Mr. Zea, and of the consequent issuing ties in Europe. In the month of liosinst tiara Guar-
of the debentures. On the -Ist of May, 1821, the Leman arrived in London direct frnm the Intendant
first payment of interest on the- debentures became of Caraceas, 'with "orders for particular supplies of •
due, when Mr. Zea published an Advertisement in which he was in need, and with a disisatch from the
the London Newspapers, stating the circumstances. Intendant to Mr. 'lea, directing hint to furnish the
which prevented the remittance of the necessary necessary funds for the purpose*.which Were abider-
funds from the Colombian Government, oaring to able, and which !qr. Zei did by an order on the
the interruption of their communications, by the mi. Contractors for the Loan. -
litary movements of the war. In July, 1822, a part " Many pther collateral circumstances thight be
of the debentures was preented to the Government mentioned, which serve to sheaf an entire uneoniciouss
at Bogota, the capital of Colombia,- amounting to ness on the part of Mr. Zea of his recall ; and not the ,
1,7591. 6d. and one year's interest vitas received upon leasta,mong theni is the fact of his having.comefrom
them by the holder. These are the only debentures Paris to England in the Month. of June last, and re-'
that are know to have ever been presented :at the mained in this country till the day 'of. his death, the'
eapital. It has been stated chat some have been pre- 28th of November last. If, lowever, 111 r. Zea has.
duties, and that the answer given to them was, that
sented at the outposts-to: be received in payment Of contracted this lam, and, done alt other acts which-
he has been openly won CO dtis. *as Ntinisfer. of Co-
tlfe Collectors of Cpstoms could not receive thean lombie, afterhaving recelielli.fePaili, it is towsuds
withoUt orders frOat-the,Goverriment. Tfiit hittery his own Government thidrielnarfailect his duty
of the creation of the delieutures is given, beceuse
some-erroneous impressions appear to preirail- re- Mau fiare acfournia,
,1411,4tet. the,
.and that (internment, -if ho.
.-hsttripfou• he
-spectiog thew i'neut &mons uninfointed OsotrActors not ;W. Daum& Tog., PAX Al um seen
facts; • After jiteitagT.* clebentorel,;lol•3„.:i !ca place faith in Mr. Zea; tAanl 110-•ectneaitti •
fume LiNilikni co Vie,, itgd suliiequcHody isz an the pourer} Which he 4:1!0•4!ted 'shrew, It was
In .
she. latter. min,,,, -,trovernment c0,a...01.034tteed
.!.ifictr - • .IN46ire
Iq
.alas tun,
the 'excel
f- the ye,
interval cirg.il
time ritnisilY •
-; Id the

the Pith
claied
e) 4.141

latter.part of 1.1321, he-retsarned to l'aris.,..The. the. eer4tatcp, t brco,kitgi)ii.„o,ji.h:Ptited itt Cef.l6 -
of Colombian-affairs was tnntintiatly htiproea, fidence ;1 Ur. Zga;a6clisrestecti.bilit With; ItOitastile ' •
li? 3tre, 1801, the' deiiatieliiittle bf.- iO4,4:itic) It it intended 'dog le- should so lanes . 040 .iliesi:
in mgbu• which 00,104 1.0 4)0, Au:4o:co4;,',iviih ppwer,t, It:i fitS.._ p. ~ : ~,,,i' clear,,i dayLaCtbe CD, e-
reption of-one forwent/ failing beftee. the Close lierliPATet, 14 -I .IT; i 44 ,_ 'l7ll...l9°f.d!"‘Rcia .... "
year, int', the hands Of -thr-Colentrbians. The custody, Or
ii organii.eitioo.or*.couiltti ,:us xi ,t,4*.#6* '
world, (and .- ~ - . ' I Obit • • ili" .• ,' a.; , w..
044 ad 0,00406.--.. ,;, ~ • -:: :- ~„4;4.,, . -7-441 Rolent go, . that ....; e., 4 4....11' AA.
1 the early part of. 1829,:'11;:tet;iirt:eseals7a tbifpolg-gbff, Wifiri, .• , . ,- . ' ' leve.,.".
is tece.ireditifothiatio" 0. thirr-14r.15de Wks in= • fief_ iaA.;o klieqpippqnt :. —4. 4:
;. Aa
. ; ... ..
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63.
o** *044 tg a. ' 1444 r,*0,016 leo kaihouris:whith .ey be
. ", ' • • f- "
(ticacc*i4,46coms4...,46aigrAyijimpai,alim, firigc; iif coarmaiion 04- whi7ibtry .
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i.
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