Savannah morning news. [volume] (Savannah) 1868-1887, 1884-04-12
CUBA'S RUSH TO RUIN.
THE CUSTOMS RECEIPTS AGAIN
PLEDGED FOR A LOAN.

Large Bodies of Troops Moving About
All Over the IsIand-The Government
Pretending to RidicuIe the Impending
observation-disclosures Growers Ignored
Commercial Transactions ParaIyzed.
WASHINGTON, April Information
has been received here of the arrest bv the
United States authorities at Key West,
Fla, of a Cubah named Aurelio NAVAL,
who arrived at that port yesterday MORN
ing on the steamer Hutchinson. The
arrest was based on telegram from the
Governor General of Canada to the Span
lsh Consul at Key West, saying that May
all was coming to America to kin him.
Mayall was taken before Magistrate and
held to answer.
A cablegram has been received bv the
Secretary of State from Adam Badeau.
rendering his resignation as Consul Gen.
eral at Havana.
THE STORY AS TOLD IN LETTERS.
NEW YORK, April ia letter from
Havana dated April says: "Serious
accounts from the interior as to the
movements of large parties OF bandits
and of government troops continue to
come in. Yesterday battalion Of regu-
lar troops was sent from this city to
Nuetta Arriba, and for A few days the
coast in the neighborhood of Havana was
occupied by detachments of troops. The
government is apparently waking up to
the situation. Private accounts from
San Domingo say that the Cuban refugees
there are in possession of large amounts
Of money and are preparing for landing
in Cuba in combination with parties here.
This is probably the cause of the extra
ordinary movements of troops. The gov
ernment, in spite of all these facts, pre-
tends to ridicule all the reports of the
threatened INVASION"
ANOTHER LOAN EFFECTED.
"News has reached this city that the
Minister Of the Colonies has made q new
loan of $3,0C0,000 with the Hispano
Colonial Bank of Barcelona for the ac-
count of the Cuban treasury, pledging in
return a daily payment of $4,000 from
the income of the Cuban custom houses.
The Cuban treasury will have to pay
per cent. commission on the loan, and an
interest Of 81 per cent. per annum. This
measure has caused the greatest indigna-
tion here, and has added to the state of
profound alarm and general discomfort
prevailing, as the loan and contract
made with the same bank in 1880 are con-
sidered one of the calamities which have
brought about the present state of affairs.
BY virtue OF the former loan, through
Wnlcn Jne B9lc0 H1spanO Colonial is
realizing an immense profit, the burden
of which Cuba alone has to bear, the
bank is already receiving $4,000 daily
from the income of the Cuban custom
house.
ToBACCO-GROWERS NOT RELIEVED.
"The petition which the etobacco-growers
in Vuelta Abajo submitted to the home
government, asking that urgent measures
be taken to remedy the evils which they
enumerated as destructive to their indus
try, has been virtually rejected The an
swer from the government settled none of
the difficulties. A perfect panic is reign
ing in the markets. Merchants, in order
to sell their drafts, have to submit to a
large loss on current rates Of exchange,
which are continually declining. Some of
the larger houses cannot sell their bills of
exchange at any rate"