The republic. [volume] (Washington [D.C.]) 1849-1853, 1850-05-14
From Spain.

The Spanish newspaper published in New York,
La Cr6nics, presents summary of news from
Spain, of which the following is a translation:
According TO a Cadiz Journal, FL ProgresO of the
18th April, the war steamer PsxayrO Of six guns,
sailed on the 18th for Havana, in command of the
captain Of frigate Don Manuel Sibia She has on
board the persons composing the commission which
the government sends to the island of Cuba con-
ssting of the most excallent Seniors Lieutenant
General Count of Mrasol Of the chief of squadron,
Don Antonio Doral; of Senior Colonel Don Juan
Munoz, commandment of engineers, lately OF the
Plaza Of Cadiz; and of Sehor Don Antonio de Val,
army intendant. His exceency Senior General
Don Cayetano Garcia Ooqui, appointed governor
of Trinidad de Cuba, and other functonaries, are
also conveyed in the vessel to their destina-
tons.
In regard to the vessels of to be built, infor-
nation Of which our readers have already had, we
notice in the Gacefa of Madrid royal order OF the
18th of April, by which it is determined that the
number of steamers to be built shall be seventwo OF
five hundred horse power four OF three hundred and
fifty horse power, and one OF one hundred and forty
horse power; besides three storeshps Of great capa
city, and three briggs Of sixteen guns, with which
our navy is to be strengthened. The two hrst-men-
toned vessels will bear the names of the Catholic
sovereigns D0Ha IsabeI and Don Fernando; the four
next those OF the illusrious warriors and sailors
Herman Cortes Yasco Balboa, Jorge Juan, and Anto-
MO UH0a the three storeships those of the three
masted vessels, Santa Maria, Pinta, and Nina with
which the immortal Columbus undertook and effect
those ofthe three gallantcommodores, Gravna, Gal
iamo and Aicedo, who fell honorably in the meian-
choly battle Of Traalgar and lastly, the Queen OF
Spain desiring to give another testimonial to the
Duke Of Valencia for his acceptable services and to
show her gratitude for the zeal which he manifests
in re-establishng the navy, has directed that the
steamer of a hundred and forty horse power, al
ready mentioned, (Which will be the first that out
and out, including her machinery, has been built in
Spain, } shall bear the name Of NarpdeS.
The same paper (EI ProgresO) publishes the fol-
lowing decree issued by the Minister of State:
ssThc captain general of the island of Cuba has
made known to this department the services extend
ed by the French consul at Port au Prince, in Hayt,
TO the frigate Isabel H., and the briggs Habaneo and
Patriota. These vessels having been driven on the
coast of Hayti by storm, the commandments OF the
frigate and the brig HabanT0 were arrested; but
the French consul not only succeeded in having
them Immediately set at liberty, but also obtained
from the Hayticn General command that the
division of Aux Cages should offer public sat.
isfaction to the commandant of the Habanero and
To his officers in presence of the French consul
lar agent and the local authorities, and that
the Spanish flag should be saluted with twenty one
guns. And the brig Patricia, meanwhile, having
separated from the other vessels during the storm,
the French consul exerted himself in assistance,
and succeeded in having set at liberty marine
guard which had been taken prisoner by the Hay
ITEMS and continued to make efficient exertlons to
obtain satisfaction. Our lady, the queen being in
formed of the solcitude with which the French con-
sui has looked upon this occasion TO the safety and
proper treatment of the Spanish sailors, has been
pleased TO name him cavalier of the royal and dis
tnguished order of Charles Ill, as mark Of the
appreciation which his conduct has earned for
him."
We insert in another column the very important
document which has been published in Madrid on
the regulation Of the Spanish debt. This remarka-
BILE document appeared in the Gaceta Of the 18th,
and at aybrcak of the same day courier depart
ed far Paris, carrying with him number OF this
official journal. The design Of the minister OF the
reach Paris officially, and be dfused there and In
other parts Of Europe, in such manner as to pre-
vent brokerage. This was, in our opinion, a very
proper course; inasmuch il prevented the losses
which many might have suffered from those who,
informed in advance Of the project, would have
been able go into speculaons of greater or lesser
magnitude.
II appears that the question of economy has
aroused the zeal of various intelligent individuals
in the Treasury Department. among others, Don
Emilio Fernandez de Angulo, Count of CabarrtIs,
who has published project for the general regula-
ton Of the debt. He proposes that the brees shall
continue as they are and that all other classes Of
the national debt, the amount OF which he sets
down at eleven thousand millions Of reals, 3 $780,
000000) should be converted into one single class
of paper at interest OF three per cent. The
nominal capital Of eleven thousand millions he sup
poses would be reduced, by the conversion agree
ably 10 the rates which he proposes, TO four thou
sand eight hundred millions OF reals. According
10 his project, in the first five years the new con-
vertcd paper would not gain over ono per cent; in
the next five years, two; and at the end OF ten
years il would begin TO draw three With this
drawback Of ten years, lotteries OF different kinds
might be formed with the certificates OF the debt,
providing for its cancellation; and by means OF
this and the transfer Of the revenue Of the public
property 10 the sinking fund, Senior Angulo be-
ieves that there would be paid off in this ten years
one thousand eight hundred and ninety one mil
lions and that the total Of the debt, and above
the three per cents, would be reduced TO two thou
sand nine hundred and nine millions. The sacri-
fees which the nation would have 10 make in bring
ing about these results are estimated by senior An
gulo al eighty seven millions two hundred and
seventy thousand reals annually, which, added to
the ninety-two millions seven hundred and thirty
thousand that the interest OF the three per cents
now amounts to- would give the amount oil ono
hundred and eighty millions, which should be the
annual estimate OF public expenses arising from
the payment Of the interest Of the debt
The news from the provinces is generally salts,
factory. Those who had unfortunately suffered
Losses in their crops received constant assistance
some from private individuals, as those Of Murcia
and Ameria, and some by order the government,
which lately released from the payment OF the two
last quarters tar real estate, produce, and stock
all the people the right Of the Ebro, belonging
10 Araron and Catalonia, who made IL appear IN
due form that they had lost their crops in the year
Immediately preceding
rous sands Of that country were increasing every
day. They had obtained particles OF gold weigh
ing twenty -one grains, and were constructing an
apparatus by which they could wash uirtech nun
dred quintals of sand in twenty four hours, with
only the labor Of four men.
TO the information in regard TO ship building
given above, we are enabled TO add such as Is fur
nishcd by the newspapers and dispatches from the
maritime provinces OF Spain, as well in regard u
vessels Of war 70 those Of the merchant service
From Fcrrol they communicate 10 the government
that, on the 18th Of April, there was laid ON the
stocks Of the fourth grade in that dockyard the kee
of steamer of three hundred and fifty horse power
all her timbcrs being already prepared.
From San Fernando they also WRITE under date
of the nth OF the month"; that there had been
RENTED TO Madrid, in order to receive the appro
baton Of the queen the plan Of the projected shI
Isabel H. and that the descriptive book Of steam
vessel Of three hundred and fifty horse power hao
been received, in order to afford commencement
10 the preparatory works for the building Of th'
two steamers. For this purpose, they had begur
10 book the capital required, and would continue
TO do 40 Mt scasonable times and those liked by TN
agreement entered into with company Of capital
gsts. who had made an advance OF thirty million'
(rcals) for the ship building The keel OF the store
ship was ordered TO be laid Immediately, there be
ing only six thousand dollars more required 70 pur
chase the remainder of the materials wmch arr
wanted in the ship-yard
rrt.. ~. 10 having cNtraOr