The Portland daily press., 1872-03-26
FORMATION OF A UNION.
AN IMPORTANT COMPACT.

NRw YoRK, March 2a-The compact of the
Central American Union, composed OF the
states OF Costa RIGA, Honduras, Guatemala
and Salvador, signed ON the 18th of February.
contains an engagement to preserve intact the
Integrity of the Central American territory
provides that other than Republican form Of
government shall never be established, that dis
putes between members be settled by the media.
ton OF others; that rebellion IN either country Is
treason against all; that the duration of the
Presidential term IN all the republics be unl-
form without immediate reelection; that no
one can DO q slave within the Central American
territory and Central American becoming the
owner OF slaves In another country loses his ma
tionality anu protection 0f the laws; that eltl-
zens OF either republe acquires the rights of
citizenship in all others BY i mere expression Of
his wish before any Government authority, and
that the right of asylum Is recognized for emf
grants OF political exiles from any part of the
world. The construction of telegraph and ma
uonal highway, the establishment of mail
steamers and the excavation of an inter
oceanic canal through Nicaragua aud the Ma
tonal Congress which meets MAY 18th at La
Union in Salvador are provided for, and the
death penalty for political crimes Is abolished.
Nicaragua has not signed the compact but Is
expected to do so.
IA 18Ng GREAT BRITAIN. .....s
= aMoyILLE, March 25.--Steamship st. Patrick,
from Portland, has arrived here.
vrus SID, THE RAM sToNEwALL. .r .ss..
LONDON, March 25.-The correspondent of
the Pail Mall Gazette relates the proceedings in
the suit of the United States against Armand,
the shipbuilder of Bordeaux, in 1868 to recover
damages for depredations committed by the
ram Stonewall which escaped from Bordeaux
the case having then been decided in favor of
the defendant by a tribunal of the Seine. Mr.
Washburne has now carried the appeal to the
Court of Cessation.
...f .. THE ANNUAL BUDGET
The House of Commons tonight went into
committee of ways and means, and Mr.. Lowe,
Chancellor of Exchequer, submitted the an
nual budget. 1t shows the total expenditures
of last fiscal the year were e72, 736, 600, while
the actual actual expenditures were 971 100 000
The estimated receipts of the last fiscal year
from all sources were $72, 315 900; the actual re-
ceipts were ETA, 535, 900, an increase over the
estimates of e., 100000 The increase came
mainly from customs, excise, stamp and income
tax. The total receipts for the financial year
of 1928 are estimated at G74, 915, 900, includ
ing from customs EGO, go, 900, excise e23, 250,-
900, stamp 910, 000, 600, income tax e10 100000,
post Office ga, $50 900, postal telegraph e750, 900.
The total expenditures for the same year are es-
timated at Ell, 313, 600, including interest and
management of debt ESQ, 100000.
Mr.. Lowe recommended that the duties on
coffee and chicory be reduced 80 per cent, and
that pence on pound be taken off the in
come tax; but if these reductions be admitted
it would oblige him to lower his estimate of the
total revenue. He closed with a motion for an
immediate reduction of the duties on coffee and
chicory. T,sa
iaas1 "a THE THUNDERER.
The armor plated ram Thunderer was launch
ed to-day from the government dock yard at
Pembroke. The Thunderer is a turret vessel
and will carry four guns, each weighing thirty
five tons. sst 10
: FRANCE.
LITERARY CONVENTION. e
PARIS, March 25.-The Opinion Rationale
states THAT q literary convention has been con-
cluded between the United States and France
BY Mr.. Washburne the American Minister, and
Count Remusat, the French Foreign Minister,
and it now awaits ratification.
SATISFACTION DEMANDED.
MADRID, March 25.-It is reported that the
frigates Genoa and Arapiles. now in the West
Indies, have been ordered to Venezuela to de-
mand satisfaction for an insult offered the
Spanish Consul
THE APPROACHING ELECTIONS.
The electoral committee of the Ministerial
party, after making a careful canvass of the
political field, have arrived at the conclusion
that the approaching election for the Cortes
will result in the choice of $50 Unionsts and
40 Sagasta Progressionists to the Congress or
lower branch of the Cortes.
Notwithstanding the refusal of Don Espar-
tero to become a candidate for the Cortes, he
has been nominated for a member of that BODY
from Madrid.