Weekly national intelligencer. [volume] (Washington [D.C.]) 1841-1869, 1847-09-04

four millions and half Matters going favoraby
the of the sinking fund being at last applied dea
the expenses of the public works. when in 1916 there
red the double misfortune OF the foundations and the scarcity
Of food the year 1916 naturally presented deficit and with
out doubt ls47 would be in similar position This circum
Of dsaanged the combinations which had beer
established in 1872 from ls43 the Of the sinking
fund would be dsposabe they could not be available
fore lS4s, perhaps 1919.
ss evident the system of established in
1912 ought be modified by the circumstances had
occurred The expenses be paid amounted hun
ded and forty EIGHT mens and doubt the Of the
sinking fund could defay this amount If sufficient time
allowed for the purpose But neither he nor the committee
thought that the Government would be justified in waiting
long The would be dposabe before two years.
and then would only furnish eighty millions year But it
impossible wait years before paying something OF
the expenses incurred and equally impossible be
tented with expanding only eighty millions year. II
therefore indispensable that the expense should somewhat
rapidly than the receipts, with the understanding that it
to be betrayed later period from the OF the
sinking fund He had certainly thought OF the floating debt
Of deirayng the said expense but in making his
calculations had found that that adopted would
raise the floating debt to such amount prudent
could approve of hence the necessity for the loan He
believed it be nconesabe that when the floating debt
insufficient the necessary advances for the public works.
the funded debt should be had 10. He had again
made his calculations and placed them before the committee
who agreed with him that the required for the present
contingency would be three hundred and fifty millions
But, il might be asked was not the Government
sponsbe by its expenditure for railways, for the
sy which existed for borrowing this money He could
reply certainly for these works, in consequence of the
mixed execution by the State and by companies having been
admitted would far less than anticpatednot more,
fact than 436, 000 Another question that might be
asked was, Would this loan of $780, 000 900 be sufficient
predatory to other demands for money 10 this
he had reply that could say what might happen in
the years. and consequently should not venture to
engage his word 10 any but circumstances proved
favorable he could say that the present loan, joined to the
of the sinking fund.- supposng them TO be available
complete
of the expenses Of railways and other great public works i'll
1854. The whole Of the charges Of the Treasury would
then be paid except the floating debt of 900 in ar
rea which certainly could say too great bur
den for France He thought therefore, from these consdera
TONS that the loan of $780, 00O 900 indispensable, but
that would also be, according to all appearances, quite suf
fcen Present circumstances looked well for the
Thanks TO the fine harvest the OF the public revenue
had already resumed its ascensiona The month
of June showed advance of 700 000f the correspond
ing period of last year and the month Of July, though not
yet fully made up presented improvement of 200 000f
1t was therefore, allowable to again look for return of that
public prosperity which has failed 1884, except in
the calamous year that has been passed.
"The Chamber might like to know what were the
be paid by private industry in executing the great
railway system of communication in France That sum had
been by persons estimated thousand five hundred
Millions but that exaggeration. The real sum
thousand two hundred and nine Millions from which
must be eenched the capital of the Bordeaux to Cee Com
pany, which winding up its affairs That would
leave the whole thousand and sixtynine millions
But several companies had already made their capital and
work, which would reduce to eight hundred and fifty
millions the sum for the companies not yet having got
together all their capital Out of that calls had been
paid to the of 347 00Of, leaving the still
be paid $685. 200 000f Such the financial situation
of the country He did not to say that did not
all the attention Of the Chambers and the Government
but he maintained that if they succeeded in balancing the
ordinary budget they would be able, in eight years.
for all the works that had been undertaken and thus
bring to happy conclusion an enterprise which would carry
he o. and Of
highest point."
SPAIN.
Madrid dates come down to the 9th instant The quarrel
between the Queen and her husband is the great topic Of dis
cusson, and it is said that the part of the Ministry some
steps had been taken effect reconciliation between the
royal couple On the 9Th NJ Pacheco, the Prime Minister,
went to La Granja make proposition to the Queen
the subject while M. Benavdes at the moment
Parao make similar proposition Don Francisco
The result has not ranspred, is exactly known what
The proposition made but is supposed have been
that of allowing the King share in the appointment OF
Of the officers of the royal household
The divisions in the Cabinet between NJ Pacheco and NJ
Salamanca have arrived at such height that they
pected TO lead to almost immediate change in the Ministry
The Queen expected to return to Madrid between the
10Th and 18th of August.
appears be settled that the Cortes shall the
Of the month of October.
The north of Spain suffering all the horrors of civil
The Carss becoming daily numerous and both
their side and the side OF the Government the hord
barbares committed Witness the following extract Of
a letter dated at Madrid on the 5th August
The system Of retaliation has fairly set in on both
sides in Catalonia The other day five Cast prisoners
slaughtered by the troops that took them The Carlisle
their part, have barbarouy put death fifteen soldiers
whom they had taken by surprise and todays Gazee
tains despatch from Gen. Pava announcing he had
ordered by way of repsa for the latter massacre
Car- prisoners who in his power and whose
he had previously suspended until he should hear
from Madrid, should he placed capl for immediate
cuton and proclamation from him the troops, published
in the Foeo of Barcelona Of the 3D. that the
sentence had been carried into effect.
a letter from Metaro Of the 3lst says that Herrera and
Of his companions had been already placed capiAa
order be shot the 27th but that the authorities and
principal inhabitants had deputalion the Captain
General praying him TO spare their lives; which grant
ed the being suspended till the Queens pleasure
should be known but that in consequence OF Carsts
having then put death party Of the Queens troops
who taken without firing shot, the order had been
ceiyed put the Carlsts taken Viieras DEATH The
order brought by adde-camp who arrived eight
that morning, and they shot twelve the same day
The Of Heneras companions Corona, where
they would be shot alter" The letter adds fThe
Car have also got prisoners and they will do the
and from this moment may expect nothing but blood,
blood, and more blood"