The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1852-11-27

be renamed this morning. TIE crime is punishable
by death
Mr. Thomas Darcy McGee delivered so eloquent
lecture last evening, at the Stuveysant Institute
upon the subject of the Reformation and It's In
fiuences upon Modern Politics. for which see nal
report.
In another column, our readers win find full re-
port of the Of the thirty ninth anniver
sarv Of the Association for the Relief Of Aged indi
gent Females Or. Tyng's address viii repay pc
rusal.
Mr.. James Bailey, for some time past assistant
onerator at the New Orleans and Washington tele-
graph office in this city, has been appointed chief
operator. Those who have every opportunity of
knowing, declare Mr. B. to be emnently qualified
to perform his new duties in an acceptable manner
Fresh news from California may now be expected
at any moment, by the steamship Prometheus; and
the Arctic win probably be along TO- morrow, with
four days later advices from Europe
In connection with much other reading to which
have room to specially refer, the attention Of
the reader is directed to the interesting correspon
dence between Switzerland and the United States
relative to the Washington Monument; the political
and gossiping Letters from Paris; Message of the
Governor of New Hampshire; Official Presidential
Vote Of Maine, Alabama and Tennessee Mr.. Thack
ersy's Lecture; Local Reports, sc.
Important Movement in Regard to Cuba
Spanish Indebtedness and Cuban Fill
busteros.
Since the failure of the Lopez epedition to Cuba,
and the trial Of several Of the prominent individuals
concerned IN that movement, in the courts of the
United States, much progress has been made
in the organization Of secret locieties having for
their aim and object the foreible acquisition of that
fertile and valuable island. The basis OF tke pre-
sent organization is much stronger than any pre-
vious one. 1t has been the object of those engaged
to do nothing involving the government, by infrng
ing upon existing treaties. At the trials alluded
to in the Circuit Courts of the United States, the
government failed in fixing the charge of fitting
out hostile expeditions against a foreign govern.
ment with which peaceful relations existed. To the
absence of sufficient evidence, crcumstantial or d.
rect, the parties implicated owe their escape
Measures have been taken to guard against future
dangers and defects, in the plans arranged.
During the past six months negotiations have
been going on between certain fnanciers in Europe
and prominent parties here for the purchase Of those
claims against the government of Spain which have
for SO many years been floating about in the hands
of capitalists, at enormous depreciation large
amount has already been secured, and RENTED to
this country. 1t is in such hands as will make it
most available at the proper moment, and there is
very little doubt but that it will constitute good
defence for those who may hereafter be araigned
before any American tribunal, charged with being
connected with fHibustero expeditions. Half
million of dollars would purchase the entire
verted debt of Spain, and it will not interfere with,
retard in any way, the progress of the proposed
plans by appropriating from the funds of the
rous societies that amount, for such an important
purpose. Independent Of the effect upon public
opinion such claim in the hands of our citizens will
have, and the aid and comfort it will command
from sources which have heretofore been dormant
or unavailable, investment it cannot be other
wise than profitable to those who may enter it
solely with such an object in view. As political
movement it is of the most vital Importance. This
portion Of the Spanish debt has never been repu-
dated by the Spanish government. 1t is . good
and just claim and amounts with interest since 1920
and 1928, to upwards of eight milliens of dollars.
An expedition from this country against Cuba,
backed with such demand against the government
of Spain, would be powerfully supported at home,
and ultimately successful abroad. II would
strengthen and consolidate any position that might
be obtained, and would neutralze all opposition
from any European power. It could, in fact, be
made a casw btH. This is, undoubtedly, the in
tention of the master spirits engaged in the enter
prise.
The policy puriued by the Spanish government
in relation to this portion Of its public debt, has
been so unjust towards its creditors 50 outrageous
in its character, that little sympathy exists in the
minds Of the great capitalists Of Europe, and little
regret would be caused by any coercive measures on
the part Of our fHtbusteros, having nominally in
view the conversion Of such amount Of liabilities
into an olive debt. Within the past four or five
months, the government of Spain has established in
London, Paris, and Amsterdam, offices for the con-
version Of this debt; and notwithstanding the terms
proposed were Of the most detestable character,
nearly eighteen millions of dollars nominal capital,
which cost the holders over thirty six Millions have
been converted This immense amount of indebted
ness will eventually be redeemed by the Spanish
government in monthly purchases, ut its own prices,
for perhaps less than million fdollars That such
enormous sacrifice should be quietly submitted to,
no doubt seems strange to people in this country,
but when we consider how little can be effected
against government in Europe, and what little
assistance can be expected from other European
powers, the piabity Of European creditors may ap-
pear less astonishing The holders Of the unconvsrt-
ed portion Of this dsbt, both in the United States
and Europe, have in order to their rights and
to place themselves in proper position before the
world in the event Of decisive measures Of hostile
character smanating from this side Of the Atlantic,
most ensgeticaly protested against this gross vic.
laion of faith. This protest has been forwarded to
Bravo Nurillo the present Spanish Minister of FL
nance; but We have no idea that it will be noticed
in any KaY So far "A thu American creditors ara