The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1854-09-16

On the footirg o. for loo the -htcs s.sts Z. tie
treasury In imitation Of s.act sssnases sai :" '.
operation for 63is Geo reas -. fssor grin< aa"@
guarantees st the rate u 70 for zoo
The English COMMITTEE ., sgsnish b'niaolaes hsss
forwarded copy Of = communication IRON thaf A-pt
At Madrid, stating that he has banded an apprs 70 "
coado the finance ,na, oal,,so va ~. ...r.
expressed opinions in opposition 10 the cona.csnsn o.
those cain has stated that his viesr Ar~ snehsngrd
ana that he viii take the subject into dssat. asd
,y Il before his colleagues Ire sm0 nL of n celiAio
WAS sent through the fo SIGN Office AZ Madrid acconys
MED by the following letter from lord Hovtes, ne
BRrrrsu LEGATION N srAIs, Madrid, Aug "a. 1854
Sri have the honor to trAnsms 10 yoar ~ oeii~uev
copy Of q communication ID sssed BY Ar hsasr aAs
sgrnt Of the English bcndholders, 20 the MINISTER ~
Finance. not only request your Erceseness attso-
ton TO this document bat crave ass~scs 10 sss
Tho fairness OF the claim nobody can doubt for ne
scandslous inustics done BY Bravo Maro 20 the
creditors Of the State has been the theme 81 svs press
in Europe
heen instructed various times BY nv govern
meut 10 press urgently the payment Of thee afbrar
that the pubc Of England il At this moment anxious
demanding that correction OF past and bad fsh
which they look upon themselves .s justified In ssr~ct
ing from Government tha. inscrisss "Puete saa pr
Fsesing vnced that your ErcelIencv viii tsie this
subject into serious confederation and win represent s
extreme importance in those brsncsss % the Ministry
which II may more immediately concern,
avail mvself, hc, HOwiEs.
.
from the London Times aug 20
The last accounts from spain show consiterabe IN.
provenent in the state Of affairs and Abatement ~
those symptoms which excited few days sgo
strongest approximations Tor the future lie stated ~
the telegraph that the 2sth inst. Queen Chr stias
left Msdra without eacountsring aay obstacle and
ceedsd on her way to Lisbon, vhse she viii probably
embark for Italy or for France. The Governme had
already resolved days before 70 shut up the clubs
inces Kven the s,.orai Circle o., the Uuou. Which
areA 70 DO the Jacobin Club Of the Spanish revelation
and bad invited the Fist Minister Of the Crown 70 pre-
side its operations, has been closed but, although
II positively stated in all tbs continental journals
that Eparero had allowed his TO appear the pre-
sdent Of this snarchca body correspondent In
Madrid explicitly denies this assertion and arms that
when the club proposed " eisct he Duke Of Victory W
be one Of its parons or chief officers, that Minister
saw the Improperly OF such proceeding aud declined
the honor The government had proceeded TO publish
the state Of the public Treasury, which 10 most depo
rbie The pluuder OF the late Mantefs extended
to the extraordinary resources 70 whoa they had re-
1hsconrituioHs odir>a umder he foycei loan
haze disappeared and ne revenue Of Cuba is anticipated
for The nea taco years and hGg Tho adveatursrs who
had suspended the constitution an ged the press took
Advantage Of their uncontrolled authority to psge the
Treasury and they leave deficit OF six millions sterog
behind them which il will oot b. easy 10 replace
iE the present condition Of Spanish lit fpartero
cesdcd however in borrowing about $500 coo rom ths
bankers of Sadrd 10 NEE. the most pressing demands
OF Tie public service; AID Is may be hoped that
measures win row be taken with greater energy to
restoys the admiv istra.tn 70 edfcient condition
We isarr with great satisfaction that such proofs
of resolution have at last tecn given bat remains
wholly inexplsabls Why the government which was
cautions until the 2Sth Of August and seemed dis
posed to submit to the prepcsterous demands Of the
voutonary party kea zoos OF state OF the most
ing ndered l. desirable that Christina should
be removed as soon s. possible from the country and
the government Ia perfectly justified in the measures
taken Cor that purpose But it is exceedingly to be 70
GREETED that Minister should have boon weak
to give proni 10 the populace of Msddi that the
Queen Mother should not DO allowed TO depart until she
has been tined by the C1r.es which promise the nature
OF thirgs, and the highest obligations Of the govern
ment have csased to be broken fhe disturbances which
occurred after The de arturo Of Christina on the 2Sh
appear TO have been ant and we're successfully resist
ed by the National Guard " is probable also that the
government round itself somewhat Strengthened by the
entry Cf some OF the cavalry regiments into Madrid
which had taken part in the revolution But the mate
rails which have been collected by these political
Iaarumabe, aud tire success Of the popu
lace at tho basrcs0es has been too recent for
pose tina; the government will De aols to persevsre In
those Measures IL necssssy reestancs without
teripg some considerable opposition and tho 1t
ceases to reckon upon its popularity with thos, classes
better it viii serve the State The prevailing spirit Of the
middle and upper classes in Spain s exe nelly opposed
to these Demonstrations Of popular power Ths couaty
tonal Guard has shown its readiness to stand BY the
government against those bands which evidently
bent on the overthrow Of the institutions Of the king
dom The only chance Of success Of the
extreme Ievolutienary party Lay In the entire
o , ns mass o. Tue naon In me
the prevailing epidemy than OF political coavuison
which nearly shreatened TO change tho Bourbon dynasty
have recently visited the frontier found difficult to
believe that serious revolution occurring in the
capital But tie alarm caused by Of the
aac proposals of the democratic party may in some de-
gree have this apathy aud the
viii undoubtedly gain the respect and good opinion Of
the nation by display OF greater vigor and determine
ton.
The departure Of the Queen Mother relieves the Cabinet
Of Epterc CT ore VI its groitest difficulties and
will condemn the which sequestrated the I'LL
gotten wealth of that pcrsouase aad her family while it
provided for the safety other person large proportion
Ct the fortune of Christina and Rsnzsrts has, how
ever been invested in forcgn countries and will remain
in their ros ession. But II s Of infinitely impor
tancc to the future welfare OF spain provide
honest ard able government for the future han 10 pun
ish ara avenge the past The duration Of Espayteros
power and the services he may render to his country
depend the possibility Of reforming the whole ad
rninstration, reducing tho tariffs, and establishing
respec able form Of thori:y than that which
has recently fallen under TIE coneTsp CT the nation
We have ceased 10 entertain conf .ence in the ELECTS Of
free institutions alone the desibies Of SPAIN the
STanard certainly does not belong TO sefgovsrnlng
but roe instiiu buttons necessary TO control tue
abuae Of power and TO ensite the ADMINISTRATION the
ccaiisnce Of the community which it represents