davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1869-05-08
SPANISH LolNs AND BRIr1SH PANIC.

SPANISH loans And BRITISH PANIC.
The fever in the Gold Market, yesterday, is
attributed TO measures taken by the Bank of
England to discourage the placing of certain
foreign loans on the London market-notably
that of the latest Government of Spain. The
Cable had previously assured us that England
was disposed to aid Spain in reducing Cuba ;
that she was trying TO induce France TO act
with her by harpIng on II common apprehen-
sion of the ultimate fate of all the colonies in
the West Indies; and thirdly, that the loan put
on the London market for Spain had been
favorably received. Without accepting any of
these statements as trustworthy we may say
that the last item at auy rate fully explains
the other two.
For at least twenty years succcssiyey a loan
for Spain has been hawkcd about the money
mOngers at any rate Of discount. Mirallorcs,
Mora, Mcndizabal, have all tried their hand
and failed hOpolCsSly. The circumstances of u
new regime creating some hope of n change
rs TO honesty in Spanish financial rulers have
induced spccuatos upon human credulity to
try their luck again, and tho late hope that
Spain will he backed by England and Franco
in her designs on Cuba il part of the prospec-
tus. Let US look mt the facts of Spanish
money-dcaling with English finance in the
past in order to test the probabilities of the
present. After the delivery Of Spain from the
French military despotism in 1912, England,
which had spent her treasure in maintaining
an amy for five years for the express purpose
of the liberation of Spain, authorized n loan
under the new Constitution Of that year, which
promised liberal and orderly Government to
the country just resting from her tremendous
struggle. The sympathics of England were
reused to the full measure by tho tales of
reckless destruction of property and wall
ton waste of life which had been pcrpe-
tratcd by the French soldiery throughout
Spain. Those who will take the trouble to read
the annals of the Pcninsular War in the elo-
Giont pages Of SOuthey will mark most singu-
lar resemblance between the events of that
day aud those of the present devastation of
Cuba, with the additional aggravation that the
present crueltios are perpetrated by Spaniards
on Spaniards. The purse of England was
opened wide to the suffering nation, the loan
was eagerly subscribed for and every possible
guarantee was Igivcn for the due payment of
the interest and the security of the principal
upon the National honOr-that Castilian honor
which is everywhere so vauntngly proclaimed.
Again, in the attempt of Don Carlos to set
aside the succession of King Ferdinand's
daughter-the late Queen Isabela-to the
throne, England subscribed men and money
literally TO Spain upon further constitutional
guarantees and bonds secured by every known
method of agreement and treaty among civil
lied nations. Neither principal nor interest has
been paid. All remonstrancos from indi-
viduals and from the British Government
have been yain The Spanish bonds have been
New-York tribune., 1869-05-08
Sn,nstm,uis, &t.


A,,,,,,,, nv NrsIC-This Afternoon NJ i;-IUS, ;-5
. 80 Ns.. Miss Kelosg. This ''tniug AZ 0i
Concert -. - T,vent;ath- 81 49,
APOLLO HALL, cor Dio"u""' ~
Cuban Relef Par II, -. ho.,roo, Fifth
- S,baves-TLis afternoon a. - Dns.o ~, 49,
,ta sn ghi, Ryst6g al g. Wild Oats" Mr Edwin AaamS
F,yruAyE THEATER Twenty yfourth-st an9 - ,,r Ij
= rss 1tsrsoon at La Penchole" Bveong al D. I ~
Age Lauterhes 4 o Italian
FRyNcH THEATER-This Evening at e'-I'dii"n
Opeis-' Lucrets BorgA" IT,,
Cp,Nn OPERA HOUSE cor Eighth-ave ang Il WEI VEL
tiI This Afternoon at and this evening AZ o. iA' f
Mr. B l. Davenport and W pa'loss % c,d piIl,ord
JpyrNc HAIT.-Tbis Evening at o-OIdhu Diii'''
Tournament Afternoon and E'el'b ~, =. , f.o.roo,,
NvvyYoRH CmCUs FOuTteenth-St-ln tAlIeinOVii :. an
=, "a and his YveBng 7i-RS.ey's onsha' 1APans'e '
N,p,o,s e Ci,RpFN.-This Afternoon at 2 and TINS
Nibi .Tt Foytr Thieves; Striking OIL in Family Jars
i.yoia Tbompsous BuIleSque Troupe -.
OIv,,pIc TUFArER-Ths Afternoon at II, and TINS
R,.,g Al G-Tbe Second Volume Of "Huupy DampV' MI " H.
FoI, Mile. Ssugsh etc
S.S FRANCISCO MINSTRFIs, NO 80 BrOauWay-
hi, Fyetiug-" The Court Of Justice
Sr STEPHENS CHURCH. East Iwenty-elghth-st''
r. oIao,,ov E,enpg "Ros.iuis Last Mass Miss Kellogg
Tup,TrR CONuoUr. No 514 Broadway-Thls After
- - q srd Nm, tveAs ti g." Plato Mr. W H. LngaTL
Tup pT.,,,,,Ny-Tammany Hail. FOurteenth-st.--
ma A6sronp at end tbs Jverug ~ 5NaueueA h2leI D'o'u
~, w.. Robinson CTuoe and bis Man FRIDAY"
wuIAcK's THEATFR.-This Afternoon at and
,bi. Rvspipr Al g. -" Caste" Mis-, Eide Germoh
W,vEprEy TuEATER No 40 broadway. - Ihs
,aon a ? and this Eyeaiug g." Paris" Miss Bse hoL
Woop's MUSEUM. Broadway and Tmrteth-sf,-
This Bgenug at 8-Elr.sqle AM Fan,oWlme hOu-e-
New-York tribune., 1869-05-08

II seems to be taken for granted that apoth-
ecary shops must now and then kill somebody,
not 10y lcgit mate dosing. which certainly kills
people fast enough, but by sending out arsenic
instead of EPSON salts or through some sim-
liar little mistake. A case is just on in one Of
the Philadelphia Courts, which illustrates the
pcrvcrsity of pharmaceutical shopmen. Last
November Mrs. Hecht sent physicians pre-
scrption to drug store, calling for three
grain assarGtida pills. Mr.. Joseph IL. Bowers
sent her instead three grain atropa pills. The
consequences may be surmscd. The lady no
longer exists, and Mr. Bowers is on trial fo,
manslaughtcr. In ancient times, he also would
have been ordered to take atropia pills; but
we are sure that nothing half SO bad can now
happen TO him.
New-York tribune., 1869-05-08

wiped off the list of securities on the London
Exchange, and the Committee of the Stock
Exchange of the city passed q resolution to
refuse admission to the market OF any Spanish
Government quotations, declaring her paper as
hopelessly bankrupt and fraudulent as any OF
the other thousand schemes blown up after
deceiving the public by false promises which
had never been kept, to the ruin of the un-
happy investors. To say that Spain quietly
acquiesced in this virtual assertion Of her ma
tiOnal bankruptcy, with no extenuating circum-
stances, is not exactly true Isturitz probably
the best known and most trusted of all the
ambassadors from Spain to the Court Of St.
James. repeatedly endeavOred to remove this
stigma from the national honor. But he was
every time metEwith the answer "Pay some
off not all the money; give us some better securi-
"ty than Government promises, the value OF which
eve know" But that was what Spain would
never do 1t was now money she sought, not
payment OF what she owed already. We have
reason to believe that the most liberal offer was
made even as late as 1864, when very high
official of the late Ministry in England, now hold
ing one of the most distinguished posts OF Gov
ernment in the dependencies of Great Britain,
went to Madrid for the especial purpose OF ar
ranging the question of replacing Spanish bonds
on the list of the London Stock Exchange Mar
ket, but to no purpose, because the first prellm-
mary step of payment in some shape or other
would never be conceded. What new guarantee
has been discovered for rescuscitating lost faith
and reGstablishing bankrupt honor has
not yet been given to the public. The present
Secretary for Foreign Affairs, Lord Clarendon,
was Minister at Madrid for many years. He
is an accomplished Spanish scholar, and
through his hands passed many if not most OF
the negotiations, the futility of which no man
knows better than he does. He has to deal
with the facts of the present complication, and
to lay them before the British Parliament. lie
knows the stake Spain has in the retention OF
her hold on the Cuban purse. He knows the
conditions of Spanish rule and Spanish
finance. When we hear Lord Clarendon advo-
eating the loan of English money to Spain for
any such purpose we shall better believe the
announcement that such loan is likely to lind
favor with British investors.
New-York tribune., 1869-05-08

The bribers and the bribed have won their
greatest victory at Albany. Long after mid
night this morning, after prOtracted strug-
gle, and the most faithful efforts by
the honest Republicans to avert the
deed. the City and County Tax Levies were
amended by the additions yesterday proposed
by the renegade Hodges of Kings, and were
finally passed through the Assembly
by vote of "a to 57-every Demo
crat going, Of course, for the shame
less swindlc, and enough Republicans to
consummate their triumph. 1t cannot, in the
confusion of the early morning hours, be
ascertaned precisely what were the addi-
tions to the Levies as passed in the Senate,
but they are known to be betlCeen four and
fire millions! SO far as is known, the only
important change from the monstrous proper
tions of Mr.. Hodges's bills, as printed in yes
terday's TRIBUNE, is in the reduction of the
plunder for the New Court House from
two millions to seven hundred and fifty thou
sand dollars; and this seems to have been
reduced solely because it was so outrageous
that even the men who voted for the
rest of tho job could not be bought to
vote for this. Our only hope now
is in the Senate. We appeal to every Repub-
lican there who values his character, or hopes
for any future as an honorable man, to stand
firm. Insist upon the bills as they passed the
Senate, or as originally reduced in the
House Committee, and give us the Yeas
and Nays on every vote. If men can be
bought and sold in Albany for any vile work,
for thirty-fye hundred dollars apiece, we
promise that their infamy shall not die with
them. Mark the names below of Republicans
who, on one of the test votes, united with the
Democrats in this Tammany Robbery
New-York tribune., 1869-05-08

An imitation Arithmetic Man has been tele-
graphing from Washington to The Neic- York
Times He says that message was recently
sent over the wires from the Capital at 1910 a..
m, and an answer received from Helena, Mon
tana, at 4.30 p. m, an interval of only six
hours and ten minutes, "or allowing for the
difference of longitude, only three hours"
We have bothered over this problem n good
deal, but no amount of cipherng will convince
us that from 1910 a. m. at Washington to 4:30
p. m. at the same place is bit less than six
hours and ten minutes.
New-York tribune., 1869-05-08
TERMS or THE TRIBUNE.

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time.
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land one extra COPY 10 copies 10 names Of
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each land one extra COPY 90 copies, TO name.
ofsuEs0iJe5 at one Post Office, 81 10 each land
one extra cOpyl.
Address, THE TRIBUNE New-lork'
Advertising Rates
DAILY TRIBUNE, 25c, 3Oc, 40c, GOc, and 81 per hhe'
SEMI-WEEKIY TRIBUNE. 25 and 50 cents per line.
WEEKLY TRIBUNE g, g.. and s. per line.
According TO position IN the paper
Terms, cash in advance.
New-York tribune., 1869-05-08

Opportunely, with the notes Of preparation
for the grand opening Of the Pacific Railway
on Monday, comes news Of the progress made
by the East India Telegraph Company in
compiling Canton with Calcutta, London, and
New-YOrk BY the end Of the year. as the
sanguine American conductors of the enter
prise give to be understood, the line will be com
pleted. San Francisco will then send her news
for China East and her ships Vest will trans
nit orders for teas and silks three-fourths
of the way around the globe in a moment, and
will receive the shipments from an opposite
direction, in little over a fortnight. We can
not but regard it as fortunate for
this country that the great enterprise
OF introducing telegraphs to and through China
should be in American hands; and VIC augur
rich openings for the business enterprise Of our
countrymen, in the path along which these
telegraph gentlemen have become the pioneers.
New-York tribune., 1869-05-08


Merely because it comes from Havana, we
arc not disposed to believe the recent MeSican
news. The virtual Executive Of the Juarcz
administration was reported to have been
threatened with assassination, and guards had
been placed it was said, around the houses Of
his colleagues. Such reports as these are un-
fortunately too common about Mexico, but are
not necessarily true. We are the more inclined
to throw doubt since they seem to emanate
from the author of the reckless and scandalous
roorback that Juarez had fled his country with
seven millions of dollars. Rumors that some
member of the Government has been threat
ened or that State 10 in revolt, are at all
times cheap in the land Of prOnunciamentos
yet we shall wait some time before we credit
that the average of Mexican affairs is any
worse than it has been in year back, or so
bad that the Government Of Juarcz cannot
control it, for the present at least That tho
situation of the country is languishing and
poverty stricken, and much demOralized, we
admit; but we must take better testimony of
New-York tribune., 1869-05-08

To-day the Central Pacific Railway is to
be completed-thc last spike TO be driven
with special formalities, and to be announced
by the simultaneous clicking Of the tele-
graph instruments on the shores of the
Pacific at San Francisco, and in sight
of the Atlantic in Ncw-GOrh. On Monday
comes the crOwning ceremony, the laying
Of the last rail on the Union Pacific which
effects tue junction of the two roads,
and opens for travel continuous
line of rail across the continent. We
print, in connection with the dispatches an
nouncing these final stages of the greatest
National work Of internal Improvement that
the century has witnessed, graphic account
of its origin and history, from advance sheets
of a forthcoming work by Mr.. Albert ID. Rich
ardsOn.
New-York tribune., 1869-05-08

The President makes no concealment OF his
views as to the propriety of extending pro-
tectorate over the countries south of us, if we
are to believe a Washington telegram. Sup
posing that he pursues such views, we shall be
committed to several elephantine chapters of
manifest destiny, which we think it would be
best to read slowly, and with all the lights at
our command. The President however, has a
distinguished and Distinguishing good sense,
and however firm he may happen to be in the
faith that the Mexicans, DOmincans or others
may need protection of ours, we trust to him
to aid us in making haste slowly.
New-York tribune., 1869-05-08
REMARKABLE MURDER TRIAL.

To the EdttOr OF The Tribune
SIR: Tho Wilson Trial came to IN cud yes
terday In respects this tho most remarkable
case that has had place upon the criminal records
of the country. IL excited great interest this part OF
the state and during tho last days. the courtroom
has pretty generally crowded with eager listeners
The facts the Wilson simply theses on the lh
OF February last George L. Rodcrck provoked quar-
rel with Or r. Wilson, I'm front Of the Union Hotel IN this
place. Wilson put up with good deal ot abuse before
he showed temper. lie tried to pacy Roder-
lex, but to Io purpose. Roderck called him thief
liar, swinder; yet Wilson bore it all calmly. Roderek
grew more excited, and heaped opprobrous ephcS
after another upon Wilson and finally called him MEM
ber OF the NewYork Legislature. Al this Wilson spraug
to his feet and remarkng to Rodcrc that he would nos
take that from any man. shot him dead with an axe
handle Such the evidence elected upon tho tra''
The Court acquitted Wilson, upon the ground that tho
prOvocation was sufficient MALK TWAIN
Elmira, ". l., April ~.
New-York tribune., 1869-05-08

The Wall-st excitement yesterday was
scarcely warranted by the facts on which it
appeared to be based. A mere artificial tight
ening of the money market in London is not
sufficient to cause here any permanent reduc-
ton in the price of Government bonds, or
appreciation in gold. But we thank Secretary
Boutwell, for the news-which we trust to find
perfectly authentc-that he means to buy up
one million of Government bonds per week, to
be set aside as a Sinking Fund. He might
safely do much more, but we welcome this as
the beginning Of a sound polcy-thc recogni-
ton of the binding influence of law. And the
Secretary may be assured that he is not likely
to End any better opportunity for getting these
bonds cheap than yesterdays market afforded.
New-York tribune., 1869-05-08

On receiving the Foreign Ministers in Con-
stantinople on the first day of the Moham-
medan year, the Sultan naturally expressed
JOY at the restoration of peace in Crete, and
the reestablishment of friendly relations with
Greece. He promised that the reformatorv
policy which was begun few years AGO
would be continued The points of reforms
specially mentioned in the Sultan's speech
economy IN the administration, improve
ment OF judicial procedure, extension
of the railway system, and the equal partcipa-
tion of all classes of his subjects in the obli-
cations or benefits of these reforms-are all
of vital importance for the inhabitants of the
Turkish Empire, and it augurs well for the
future that their necessity is publicly recog-
New-York tribune., 1869-05-08

BY some hocus- pocus. the publication of The
Globe, notwithstanding what has generally been
thought a peremptory law of Congress, has
dIifted back again into the hands of the old
proprietors. at rates of compensation which are
described as fully up to the old standard Of
extravaganza. We shall never have done,
we fear with the waste in this matter
till we reform the official publication Of tho
debates altogether by putting an end to the
whole business. Why should these hundreds
of thousands be squandered session by session
on costly mausoleums for speeches that are
never delivered and never read
New-York tribune., 1869-05-08

In the carnival of the Tammany Thieves at
Albany yesterday measures for the relief OF
our over-crowded streets were, OF course
slaughtered. Gen. Swain's TwO-Tier Railroad
bill, and that for the Central Underground Road
were both defeated There is said to be a
faint hope that the first may in some way
be revived to-day.
New-York tribune., 1869-05-08

Strikes in New York mean misery for work
men and misfortune for employers; but in
the Pennsylvania coal fields they seem to be
the most cheerful things in the world. Nobody
suffers-not even the public-and the miners
and mine owners both have q holiday. Last
Summer the miners in the POttsville region
struck for eight hours labor for ten hours
pay. They chose time when the market was
overstocked and the operators were losing
money The stoppage Of the works was q pos
tive relief. Pottsvile was happy, and the
workmen got up fine professions and meetings,
and marched up into the Scranton region, and
along the beautiful Wyoming Valley, trying to
persuade their brethren there to join them. 1t
was an elegant sort of picnic while it lasted,
with abundant whisky and now and then a
fight by way of diversion. BY and by, when
the torches had burned out, and the men were
tired and the children hungry, work was re-
sumed. This year the story was to have been
repeated in Scranton. There seems to have
been no great trouble with the miners except
that 10000 of them wanted holiday, and so
they resolved that work should be suspended.
In this case again the operators would have
been the principal gamers. There is large
stock of coal on hand, warm weather is coming,
and a stoppage just now would relieve the
owners and lessces of the mines from n great
deal Of embarrassment. But the hands have
changed their minds, and resolved to keep Mt
work-a determination which shows most eX-
celent good sense.
New-York tribune., 1869-05-08

1t would be no unlikely thing to say that
Americans are born into Convention We have
Conventions for everything from a creed
down to n rum-bottlc. SO the other day the
saloon keepers OF seven Western cities net to
gether in Cincinnati with the cool object of
forming n National Association. Doubtless they
were pretty sober men, as those who deal in
the infrmties and appetites of their fellows
are apt to be when they are at all sharp, and
doubtless every one of them had made the
world his oyster and opened it with great
deal of profit. The Convention may have in
dcliberation very important interests of stewed,
roasted, and fucd, or in the shell but we
fancy that its proper forte would have been in
discussing such subjects as the elective fran
chise and the popular vote, and how best to
foment the sale of bad liquors and good
Democratic principles Any Committee they
might appoint 10 inquire into the best interests
of the trade would not be far from the mark
if they agreed that whatever debauches the
public mind couscryes the prosperity OF the
liquors. Every man of them, we feel sure,
would be strcnuously in favor Of drinking in
moderation upon n universal plan, and we do MT
believe any Of them complain Of the profits of
their business. In short, the proposal to hold
a National Convention of liquOrloying men
recommends itself as something vastly specu-
lative. The thought that such Convention
would represent almost an ocean of men is
strong enough to intoxicatc the public mind.
New-York tribune., 1869-05-08

The tax for repairs on the Canals ShouIu ~
have been reduced at least two miliiOhS' ~
has been reduced bare two hundred thousand
dollars. 1t is fraud only second IN character
to that perpetrated this morning by the
Assembly, on our City and County levies.
New-York tribune., 1869-05-08

Of course the Government has adyices that
the preposterOus story about the use OF the
steamer Arago by Cuban expedition Is
utterly and wholly without foundation Still,
the journal that started the story deludes itself
with the belief that it finds its account IN
sticking to IL.
New-York tribune., 1869-05-08

The Town Council of Cork, which fully
shares the Fenian sympathies of Mayor OSul-
Iivan, has protested against the bill introduced
into the House of Commons to disable the
Mayor to act as magistrate. Tho Mayor HIM
self expects soon to enter the Commons as
member for YOughal.
New-York tribune., 1869-05-08

Friends of order and law in this city will
regard the disposition made yesterday at Albany
of the amendments to the Excise law as every
way judicious. They are postponed till the
next 4th of July, to keep company, in this pa
triotic death, with the Broadway Surface bill.
And so, we are sure of some control over our
rum-shops for another year.
New-York tribune., 1869-05-08

The bills amending the Registry law and
providing safeguards against Naturalization
Frauds. by some strange species of unexpected
good luck, successfully ran the gauntlet OF the
venal Assembly yesterday, and have gone 10
the Governor.
New-York tribune., 1869-05-08

ia actual state than that which comes to us
possibly from those who have mercenary In
terest in seeing the United States unduly con-
cerned about it.
New-York tribune., 1869-05-08

service to his party, and under many dis
couragements has proved his faith by his
works. Such men as he are the ones entitled
to recognition at the hands of the Administra-
tion. if offices are ever to be used for that pur-
New-York tribune., 1869-05-08

nized by the Sultan. The impression made
in the new years speech would, however, be
much more favorable if the past promises OF
tbe Snltan's had been more faithfully executed.
New-York tribune., 1869-05-08

Mr. Michael Scanlon, the editor of The Irish
Republic, has been appointed Assessor of In
ternal Revenue for the Third District of this
State. The appointment is one every way
TO be commended. Mr.. Scanlon is n
Trustworthy Republican, and an honest
New-York tribune., 1869-05-08

The Syracuse Courier says: "lt is now con
tempntcd to have, IN this cIty some time IN June.
great baseball tournament Tho fact that the Central
city ub hold tine gold ball Syracuse TO be looked
to with considerable interest The tournament viii give
all challenging clubs. Win the golden bauble
an opportunity u do the same