The Hillsborough recorder. [volume] (Hillsborough, N.C.) 1820-1879, 1855-03-21

prices, would teen with cereal grain, and
her vineyards would bring forth vastly
increased quantity Of choice wines. Spain
would speedily become what bounliful
Providence intended she should be--one
Of the first nations Of Continental Europe,
rich. powerful, aud con,ented.
Willis, two.ihirds Of The price of The
Island would be ample for the com.
pIe,ion Of her most important pubic im-
provemenis. she might, with the remain
ing forty (milIion) thousand, satisfy the
demands now pressing so heavily upon
her credit. and create sinking fund which
would gradually relieve her from The over
whelming debt now paralyzing her ener.
gies.
| Such is her present wretched financial
condition thai her bes, bonds are sold up
on her own Bourse al about one.ihird Of
their par value, whilst another class on
which she. pays no interest have but
nominal value and are quoted al about
one sixth OF The amount for which they
were issued.
Besides, these latter sre held principals
/ " BY British creditors. who may from
day 10 day obtain the effective interposl>
lion Of their own Government, for the pur-
pose OF coercing payment. limitations
10 This effect have been already thrown
on, from high quarters, and, unless some
new source Of revenue shall enable Spain
10 provide for such exigencies, il is not
improbable that they may be realized.
Shonld Spain reject The present golden
opportunity for developing her resources
and removing her financial embarass-
ments il may never again return.
Cuba in lis palmiesl days never yield
ed her Excheqner. after deducting the ex-
penses oil its government, clear annual
income of mnre than million and a half Of
dollars. These expenses have increased
TO such degree as 10 leave a deficit
chargeabe on The Treasury Of Spain To
The amount Of six hundred thousand dol
lars. Ina pecnniary point Of view, there's
fore. the island is an incu;nbiance instead
Of source Of profit to the mother coun-
TRY. Under no probable circumstances
can Cuba ever yield TO Spain one per
cent. on the large amount whirh the Uni.
ted States are willing TO pay FOR lis acqui.
silion.
But Spain is in eminent danger Of los
ing Cuba without remuneration. Extreme
oppression, il is now universally admits
; ted. justiies any people IN endeavorlng 10
relieve themselves from The yoke of their
J oppress0rs. The srfieflngs which The
corrupt. arbitrary, and unrelenling local ad.
minisiraiiOn necessarily entails upon the
inhsbilan,s Of Cuba, cannon fail 10 siimu-
late and keep alive that spirit of resistance
and revolution against Spain which has Of
. late years been so often manifested. In
this condition Of affairs il is vain 10 ex-
prci that the sympaihies Of the people Of
the United States will mot be warmly en-
listed 10 favor OF their oppressed neigh
bors. We know that the President is
: Justly infiexible in his determination to
execute the neutrality laws, but. should
the Cnbans themselves rise in revolt
: against the expressions which they suffer.
no human power could prevent ciizpns
j. of the United States. and Iiberal-mlnded
men Of other countries. from rushing 10
: their assistance. Besides, the PRESENTS an
age Of adventure, IN which tess and dar-
. ing spirits abound in every portion Of the
!. world. II is mt improbable. therefore.
, that Cuba may he wiesled from Spain By
successful revolution, and in The event
} she will not only lose The island. but the
! price which We are nnw willing 10 pay
for it--a prize far beyond what was ever
paid by one people TO another for any
province.
!. Il NAV be remarked that the SETTLE
ment Of This yexed question by Tie ces.
sion Of Cuba to the Uniied States would
forever prevent The dangerous complica-
tons between nations TO which il may
Otherwise give birth. Ii is certain thai
should The Cubans themselves organize
an instruction against the Spanish CO.
dIll blNIhNi UAIfI iUNtslfU~
!, dent nations come TO the aid ~ Spain in
! the contest. no human power could. in
our opinion, prevent the people and Go.
yernmenl Of The United States from TAX
ing pan 10 such civil war. in support of
their neighbors and friends.
Il But il Spain, deaf 10 the Wore Of her
own interest, anil acIaAied by stubborn
pride aud false sense nl honor, should
refuse To sell Cuba TO The United States.
ihen The question will arse. what ought
10 be the course ofIhe American Govern.
] ment under such circumstances
Sell preservation - he first law Of ma.
tire with States a. well as With lndiyIdu,
als. All nations have At different pcTiods
acted upon this maxim. Although il has
been made Tie prelext fDr committing "a.
grant injustice, ~ in the partition Of Po.
|, land and other similar cases wliirh liislo.
~ records. yeI The prinripie itself, though
often abused, has always been rerognis.
t Ell.
| The United States lave never acquired
foot Of territory except by fair pnrchase,
-. - -. tta 49,. - -. 80 a.. r..