, 1870-06-24
san D01EInGO.

.. san D04InGO.
Tho NatlesAE E4AsAseAaess Of xke
ReHaabMc-A Fow words Regarding
AnAa1RtSe4.
s.. Dons.9os sSay - Correspondence q The sp Fws
] Herad.
Some very extraordinary rumors arc being
| passed from lip to Lip, some confidently, among
| the hitherto ardent friends OF annexation, and
are plainly alternating the best Glass OF Arse.i-
can citizens from the oxuse.' "Forevar1sd
foreArmed" saye the old maxim, and tho HR-
| ad may c1pcaa ha coming as1l In tsaao TO take
In ono sentence it is broadly stated, and is
gaining every hoor 6Tusr bold. On laadinE
minds hefe, that the spoilamen OF Washington
mean to make q money job ou3 of Anna1AHon-
A gentleman who il presumed to be the agent
OF these sehemers has been coming and going
between this capital and Washington ever
who psssae here for the confidential 1rpfesen-
tatigs Of cartGn speculative Sen4tok8, ,h4s said
more than onca that the Dominica1s would
have to stay out in the cold until be 2nd his
friends should be satisasd-- Thls gentleman
has never hid any official CONGESTION With this
prestige with it from ius supposed anauence
1t Warrington. In the presumed interest
Of these confidential friends in Congress- over
lures were made to parties here to depreciats
and then buy up the Dominican debt at ten
cents or lesa On the dollar, and when it should
be bought in TO have It passed at its face BY
"picked and pliable" commission Several
most excellent men have privately pledged
themselves to watch the progress Of this
speculation inch by inch, and to communicate
the hope that q clear and timely exposition Of
the scheme will frustrate its execution.
The plan Of further depreciating the already
deprecated paper Of the Dominican republic
cannot DO managed without this government
taking part in it, mad that it cannot and dare
not do, even were this Cabinet and Senate to
unite in the attempt, which, for many reasons,
may be SGT down as out Of the question. The
"ricked and pliable commission may do much,
but that presupposes An oblging Willingness
@ not to zee sec abuses which, up to the present,
To return to detaile. It ia estimated that
tue public debt subject to manipulation may
fairly aud with justico to Ill concerned he
covered by $600, 900 out Of the million CT there
abouts ",ts to b approp1iated TOR paying the do
including the bonds issued to satisfy or in ovi-
dence OF the national obligations Oh the score
yexrs against the Spanish armies Of oecupa-
gold vafuo declared by l4w. The new plan ia
to fEst reduce its market v1iue to leas than
@200, 600, delAy action in Congress- until sfter
the recess, alarm the holdeEs-nostly Domini-
eA4a u S.uah Ue1lh-InlO TeAalZ1lE At any
price, and then go before tho commission to
demand payment ut par, or 80 near it ~ to
swallow up the entire million dedicated to
clearing OF the national debt, instead Of the
9e00, 600 Of it which the Baez Cabinet and
every other intelligent Dominican thinks ought
TO take up every dollar Of the government
paper under just and impartial classification
THIS buying up the Dominican obligations
for perhaps Sl00, 900 aud obtaining something
like ten times tho amount in gold from
picked and pliab1e commission is bad enough
from moral point OF view to shock scores Of
thinking Dominicans out Of their abou0diug
faith IN Warrington wisdom and purity but
there is rising behind 1t a political cloud Of
more dangerous proportions which il alto-
gether unseen in the United States. This is
! 1t: One-third, at least, Of the domestic dobt
consists Of the arrears due to the soldiers and
civil lmpleados Of the government Thess
men Nere reconciled to the lease Of Sauana
and afterwards to annexation by tho promise
q payment on the receipt Of money from the
United States. !here is hardly Totsr in tie
through near friends, does not expect = few
dollars in the general settlement
1t has always been stated by members OF
this government that, after paying of the
foreign debt Of e3oo, GOO, and aoducting what
Was a.S,1 advanced on Sanaua, nGa &C., there would
and washing out the whole circle Of national
indebtedness. OF this l repent on the best
authority that something less than Hi1 hun
dred thousand dollars would pay on the ra1s
and the paper currency now cut Of circula-
ton, but held all over the country in small
aums: as soldiers and civilians had been
forced to receive it in pay for their services,
their animals, and the products OF their farms.
When this legal tender run down to less than
half cent foF the dolAr, with the storekeep- |
It away by bo1fuls to wait for the day in
winch the government should make good its |
promise to redeem at its last rates Of aetuL I
emission, averaging fyo or six cents per dol |
Jar; What is II The hands Of the native |
holders. or sold BY them to resident trade1H, |
Will be paid of at those rates, and viii !
not exhaust Sloo,oco Of the appropriation, |
and 10 trouble will arise on that head,
neither will the payment Of some 54V,O 900 |
TO $G0, 900 lent in gold or gold 8 worth by
government to feed and clothe its soldiera on |
the frontier. They were to some degree |
forced loans, for il not granted it was to bo !
feared that the military force stationed along |
the border to 1epress the Cacos and Cabralis-
tas woulddesert the field en- ndsse and leave !
This class OF debts il erpressed by rals Or |
gold noteB OF = special class, and ata not in |
market; but there is whole family Of roles |
and tststlos foEming-in ftct the great bulk OF !
OF the new scheme OF plunder. To lny Them
M for next to nothing, ADD have them paid ut |
par, would quickly realize half a million Of |
profit on an Investment Of perhaps so, 900, |
and to 90 little further, elgross the whole |
sum allowed for the complete csnccl1oent Of |
all e1!sting liabilities Of the Dominican re-
public.
4 picked and pliable commission might, In
that way, take generous caro- Of its friends !;
but it would leave nothing for the payment Of
the Dominican army, Which has been kept On
foot for the last year on promises to pay up
its arrears on the arrival Of the annexation
money. It Will leave nothing for the mass OF
the population, who hsve boarded up their
dormant illegal tenders " for the same 1onged-
for day. This is one OF the secrets Of the
pie that it il snare and a delusion, that a few
speculstors are to pocket the price Of their
hard years Of sweat and blood, and thew are
capable Of rising in fronzy and tearing tho
comuission to pieces in their chamber Of Of
lee: The vague suspicion Of some kind Of
IN the air, and when it breaks out in mob ac-
ton, and military force Ia called out to put it
down in blood and alsuglter, the fathers Of |
the fraud will say that it Ia because the masses
are y5olent ingrates, w1etches who sre not
worthy to share in the blessings Of annexation.
There is but one verson-probably hard |
and unjust one-of the growing belief here |
that dominican interests arc to be sacrificed to
q Eet ct intriguers fat Washington; but there !
il another, and still blacker, and, Let Us hope,
stau uaD1e unjust report, Starring from Consul !
Pcr1y's opinion, that the public domain should |
bo conceded to the United States. This last |
story is that all the public property Of the |
State would be taken from it and made over to !
clique Of Washington land specu1atoua
This current Of distrust may widen into an |
uncomfortable torrent that will overtop all re-
straint, and sweep this government out Of ex-
lstence IN one week il the action OF Congress
should seem to justify these dangerous ro- |
poIts.
NIX. Goodwin Snith,a Letter.
The letter Of Prof. Goodwin Smith, replying |
to LII. Disraeli's anonymous assault upon his |
character, in Lottair, has created Tory de- !
cided sensation in London. The papars Of |