The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1874-01-23
HAVANA. Jan. IL. 1874.

HAVANA. Jan. II, 1874
Inc Message OF the President Of the United
States 10 congress and the documents accom-
panying 1t on the question OF the Virgnus have
peen reviewed by the Diarfo de Ia Marina IN q
long and heavy article, which goes over the same
eiounu VI spanish argument respecting the legal
NY VI Tue capture ana the pretensions OF the
United States, and again adduclng the night OF
SPAN to present claims against the United Staten
for damages The Diarfo, alter lone commen,arv
upon the question, concludes It's exhaust va es&<,
rial as fOllOws:-- ~.
We have written so much respecting the vir
g1nius and Its capture, its return mas wounded
and mortified US so mGcn IN our deepes, ieeiinrs:
we nave commented and estimated so many times
every thing referring to the negotiations condncted
between the governments Of Washington and OF
Madrid that we do not think 1t necessary to enter
into detailed examination OF the documents
been the rst to sy s
Of General Sickles, OF November O. to
the protocol at Washington OF 2stn November
all has been In perfect consOnance, everything
carries the stamp OF exacti0n and pressure by one
government, and weakness and condescendence
barrassments has weighed down ali IL could upon
another, which was struggling with three insurrec-
did not desire to be generous and the one accl.
dentaiiy tue weakest could not be heroic. because
ITS valor was not consulted We. the spanlards OF
done all we could TO save our national honor.
AN EDITOR CONVICTED BY COURT MARTIAL.
AS tag to the history OF the virginus / learn
from Santiago de Cuba that the editor OF tho
Redactor, Martinez by name, who, 1t will be recOl-
lected, was imprisoned on account OF having re-
ported that among the victims Of the virginius
massacre were several OF tender age" has been
tried by martial and condemned to ten years.
impris 9nment. This, II true, is second penalty
for the same offence, for he had been already con-
demned to q fine S200 and innri sonupnr of utx
months.
CUBA FINANCIALLY.
In the meeting held last Thursday by the Junt8
OF the Treasury Debt, TO find ways and means to
ameliorate and remedy the condition OF the
finances of this island, several schemes were dis
cussed and the following report in substance SUBJ
mttted to the superior authority for his considera-
tom
The necessity OF making collections In gold OF all
the duties due 10 the Treasury Is duly recognized
but meets at once the difficulty Of realizing It at
the present time on account or the impossbiity
OF raising loan abroad large enough to cover the
entire amount Of the debt. 1t is, therefore, deemed
me convenience Of declaring as national debt
that contracted by the Treasury OF Cuba
Of OF ssaeo ana the mng snd
the war sustained In defence OF the national integ-
rty in Cuba. Given the impossibility OF establish
ing Immediately the collection OF all the Treasury
dues IN gold the convenience is recognized OF
establishing 1t in proportion to the amount Of
ing, consequently entering into the public debt Of
the island all the notes OF the Spanish Bank Of Ha-
vana and Treasury bonds.
The necessity that that part OF this dept repre-
sented IN bank notes issued on account OF the
Treasury ior the purpose OF the war, should reach
as heretofore the notes at their nominal value.
For the purpose OF taking up exactly $3OO0O of
the $60.0O0 900 mentioned, 1t Is considered neces.
sary TO issue forced loan OF $780, In Treasury
bonds, authorized Dy the decree Of 9th August,
1872, IN denominations OF $500, and even less
amounts, and payable III three instruments during
one year; but II the country cannot support this
burden IN one year, then the time for final nay.
ments to oe extended.
From this the report goes on to say that as the
loan OF $3O000,0o0 is covered, bonds OF tho
Treasury will continue to be issued in
the same form previously established for
100000 annually until the total extinction
OF the $6o,oOo,OO0 prescribed by the decree
OF August Q, 1872; and IN order that the Treasury
shall be relieved and meet all its demands the ex-
traordnary war subsidies decreed to the presene
date amounting to $l3, soo0o0, shall be applied
to the expenses OF the war. and from the
LIST OF January, 1875. there shall be decreed an
traordinary levy which shall be SUFFICIENT annually
to pay the funding and interests Of the loan OF
900, 1t being understood that in case OF
favorable circumstances or any modification there
result any surplus in the estimates the levy shall
be diminished IN proportionate sum. The distri-
in the collection and application Of the means
to affect the funding, shall be made by The corpora
lions ountasl OF the debt and Of ways and means
ton from all other guilds and aided by
committees composed OF five persons two
planters, one industrial or manufacturer and two
merchants, duly elected by their respective guilds.
Finally, the convenience OF paying the debt con-
contracted with the bank in as short timo ~
possible and 1t is to be understood That the
$65o0oO0 OF issue OF the Old bonds Of the Treasury
are to be paid in specie.
INsURRECTIONIST VICTORY
BY recent steamer arrived in this port from
Gibara the defeat of Colonel EspOnda's cOum, near
the iast-named port, as already reported In my
last to the HERALD, has been fully confirmed.
General POrtilia, the new commander OF the Gen.
trail Department. asserts his inability to carry Oug
successfully operations against the insurgents in
that district unless the government furnishes him
with Suf11clent relniOrcements.
THE LABORANTES
report That the General lately started on an expi-
diti0n with three columns IN pursuit OF the in.
surgents, but was severely harressed by the In
surgent cavalry Of Sanguily that he returned to