The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1869-08-22

lFr0m tne London Times, August 2.
When we ventured short time ago 70 conclude our
remarks on the relations between Spain aud Cuba
by hint as 70 the expediency OF a compromise be-
tween TWO foes, neither Of whom had anything TO
hope from prolongatfon OF hostilltles, we only
gave utterance to q conviction springing from our
impartial survey OF the case without claiming the
least knowege as to any transaction OF the nature
We accompanied being actually In contemplation.
Since then, however rumors have been anoat
grounded, we suppose, on something more solid
than eur original speculation, inducing a belief
that negotiations for q cession OF Cuba have
ing SPAIN IL is stated IL not unwilling to part with
mat island, and win the rest OF her West India pos
sessions 'for consideration" The price she sets
upon these colonies Is put down at u round sum OF
go 600 000 and she has already received offers 70
the extent OF s15,oJ0O0J and $40, 900, Ooo The
scheme, IL is added, consists in opening a SUB
ecrlption amonu the wealthiest clssses In Cubs
70 RAISE the sum required 20 redeem their island
from Spanish thraldom to constitute II
washington would take upon Itself the stipulation
OF the terms Of the contract and give security for
It's iuhlment The manpuyres by which so compIi-
Gated piece OF business would have 10 be brough,
TO happy and speedy termination could not remain
long secret, nor could they get wind without ras.
ing sucn an uproar az might considerably mar with.
out, however averting the ultimate issue .The
rumor Of the intended sale OF Cuba" we are told.
"has excited great dIscontent IN the spanish arny'
while, on the other hand, 1.-The cuban Junta TAI New
YORK nave formally protested against the proposed
purchase This Is entirely according 10 precedent
The Spanieh army is honor bound TO shed he last
drop OF Its blood TO enforce the right OF the crown
Of CASTLE TO the pearl OF the Antllles,u and
cause IN the island are justified In contendng that
che emancipation OF people should be wrought out
with steel, and not with god. But, between the
military puDctii0 OF the former and the patriotic
faDacism OF the latter, there the interests OF
botn countries and OF their Inhabitants 70 he con
suited; and aoove the mere Impulse Of passion
there ought 10 be the control OF sound reason III IL
can he proved, as II indeed evident that separa.
ton Of the COLONY from the mother country II I'M
avoidable and by no means remote contamination
u seems the height or madness TO carry hostlli-
Ties fTaught with ruin TO either side.
independently OF her arduous enterprise In subju-
gazing cuba, spain has sucb desperately n2rd work
on band as may well task her strength beyond It's
not very extensive limits. No revolution ever more
mlseranls collapsed from sheer impotence than the
movclhenl which. nearly a twevemonth a9D hurled
queen isabella from her throne. A bad government
wa, ~ that crisis, overthrown by q small fraction
OF ehe nalon; but the whole nation has ever since
Deen unable 70 substitute another government In
we plnee Vi the fallen one. General Izqplerdo, the
captain General OF Madrid, and one OF the
leaders OF The September pro,ttacf0fniento
formally Estimates 10 the Ministry than un.
loss King elected, he will resign
his ONCE. 'despairing OF the revolution =
The mere proclamation OF 4 king. howeyer womb
not bring about the cure the evil Ihe sovereign
might 'regn,r but there would siill be the aai,e
lack OF man 70 govern" OF all the men plsced
by The late change az the mead pr the spanish adj.
miDisFaton, General Prim alone was credited with
enolent energy, yef hopeless corruption appears 20
ssve been discovered IN his own military depart.
Aaeph The Decesslty lev tAs promotion pt sn-csled