Star.
London, England, 1827-02-01 00:00:00

COLOMBIA.

Immediately after his mirk% at Bogota, Bolitor set
to work in his usual decided and energetic manner, to
remove the disorders of the State. Under the 128th
Article of the Constitution, he was about to assume the
extraordinary powers with which, in certain emergen-
cies of the Republic, the President is invested. He
was then going to pre seed immediately to Venezuela
to appea e the troubles there, leaving Ssntander in-
vested with the Executive Authority, and responsi-
ble to him alone. He proposed to make an imme.l
diate alteration in the financial situation of the coun-
try, and provide foe its foteign engagements, by re.
ducing the expenditure from twelve millions of dollars
per annum to four millions. This was is be tone by
:educing the army, abolishing the marine force, and
•orkus internal economical regulations. The private
letters state. Oat he had expressed himself deti 'mined
to redeem the credit of the country, and, among other
means of doing so, that it was proposed to ass.gn cer-
tain trenches of the Itavent.e to Commissioners, to be
appointed by the Bondholders in England. The utmost
confidence seemed to prevail that from one end of the
country to the other, Silent', would restore peace
and ceder.

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DECREE OF THR EXECUTIVE POWER.

snorts SOLIVAX, LIRIMATOK, PRILSIDIINT Olt COLOUSIA.

. . • _ _ _
Taking Into consideration, Ist. The state of agitation
in which the It rJblie has been placed seer since the

transactions in Venezuela, from at! division of opinion
respecting the form of government, and the alarm
occasioned 9srtlse fears of a civil ear, and of a foreign
invasion on the part of our common enemies—W. That
there is poative foundation of the fears entertained that
the Spanish Government is determined to renew hosti-
lities with the forces collected io the island of Cubit--

Sd. That the greater number of the Departments' have
expressed an opinion, that the President of the Republic
should be invested with such extraordinary powers, as
may be necessary lot the reestablishment of the national
integrity, end for the saving of Colombia from a civil
and a foreign war—and;4th. That the Executive Power
has declared • that the ease contemplated by the 129th
Artiele.of the COnstitution has arrived, and has in con-
.sequence, called an immediate meeting of Congress;
and, anxious on the one hand, to respond is the eons-1
deuce of the people, and, on the other, to preserve the,
existing Constitution, at least until the Nation, through
its legitimate and competent organs, decree its alters.
tien, with consent of the Council of Government, I
have decreed, and do decree avfollews:—
_ _

Art. 1. For the reasons above stated, "1, u President or the Re-
, 'ebbe, declare myself to be within the provisions of the itlith
' article of the Constitution., and its the 'serene of the extraordinary
powers therein contained, as well for the re-establishment of in-
ternal tranquillity, as for securing the Republic against anarchy and
foreign war.
Art. I. In my absence from the capital, the Vice President of
the Republic is charged, for the time being, with the executive
authbrityausil shall exercise those extraordinary powers throughout
pll thou puts of the Republic in which cannot curds* them
poloosily.
Art: a, Except for such rupees% and In suth cases as may be
determined for the exercise of the behreuientioned extraordinary
powers, dietonstitutian and the laws shall continue to be observed
`Ol usual.
Art. 4. As %coypu shall be rendered to the approaching Con-
,grees of all that Mal be done by virtue of the present decree, and
-egrenbly to the intsditions of the said 128th article.
. .