New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1867-06-07
rn WORK DAILY TRIBUNE FRIDAY ls67WTH SUPPLEMENT-

formed without being known or understood by
the public. The news of Republican victories III
Mexico is filling the Spanish court with uneasness
They seem convinced that if good republican gov
Incnt could be consolidated in Mexico the spanish
hold the overtaxed islands OF Cu1a ana Iue eo
Rico would necessarily get Oosened They therefore
do all they to content the inhaDitau's Oh tnc
wealthy colonies they propose to lndnige theI WIN
as much self-gOVernment as tney tnlhh may 10
,ouohs afed without too much danger; anu, hhaIly'
tbev are Going to grant them the boon when many
an ambitious coonlst has sighed ioT namely Tue
right to be represented In spanish ailiAin0N''o W
deputies sent from the Island. . :; 4to s,o+o
Bnt the all-absorbing topic at present IS tne s,6e
of the public finances ana the denclt Ol ~ %
of reaIs-a deficit that there does not appear Z" w
any means of paving unless as the PrOgressstas aver
fiat they will do if they get into powerLtat Is, us
band the immense standing army, when the PIcselie
Government cannot think of doing, as the army ~
the ONLY means of keeping them III power anu isa
bel on her throne. BY dint OF increased tahatlon
the Finance Minister hopes that he snall IoI the lo
rnent fem fhe tide of national bankruptcy; enor-
nous retrcnchments have been maze III az VIC uo
partments universities suppressed, ShIo vi val PV
ont of commission. embassies cut uo"n luto iesn I
tions LEGATIONS into cOnsuships but stlll there WIZ
he an inevitable deficit the FORTHCOMING year, ete
il insurrecton leads to increased 0mef y euam
inc the public debt has published very uihcouIaShs
report both as regards ITS RAPID increase anu nc
enormous frauds that have peen w. - N0 Goo
of reals To give you idea OF the rapidlty
with which the debt is increasing may remark au1
in 1864 il amounted to 15S22 S1, 62 reals, bearing MI
interest of 35 $50 $50 reals in 1850 II anounted 10
N $50 4SI ZOO reals. bearing an interest of Al W02
realsLthat is. 61S7 1G9,6S7 reals more DEBT anu
SO4iO 2Oi reals more interest in u years Inc n9S-
ernment at the same time lent the railway companies
100 600 600 of reals The untransferrable DEBT whch
is mostly i'll the hands of corporations has also Det
proportiOnaby increased In june 800 aI.el I ~;
instruction, ODOnners Government emltteu auul ~
ional tables of per cent consos to the amount OF
80 42l 10000 reals. , oo,
In The budget of expenses for the forthcoming year
there is decrease Of expenses in every department
except in that of the clergy which is increased as
NAV he expected, considering that clerical influence
is all paramount at the palace Inc eholI ,rs sS
paid in pensions to enclOistered nuns has suffered
dimnmton of AZ, 200 reals il having been discovered
that many deaths had happened that had not been o
reported. The editor of leading journal having Oh
served that the Spanish clergy absorb more public
money than the French clergy, double their number
and having twice the number OF iparishioneIs 10 aa
minister and that the Spanish clergy ought TO sacr
ice something for the good of the country has Deel
denounced as % hereto, and obliged In subsequent
| article TO explain away his meaning.