New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1898-04-03


ford preparing to leave Madrid is entirely
without foundation.
Although there was a heavy decline the
Bourse to-day, which the general public re-
CARDS ominous. it is learned that negotiations
are In progress which will much improve the
situation. Strong pressure is being brought TO
hear by some Of the European Powers upon the
Queen Regent and the Cabinet for the granting
Of an immediate armstce. to take effect as
soon as the insurgents shall accept the propo-
stion, thus securing time for negotiations IN
Cuba between the Autonomist Government and
the Insurgents looking to the establishment Of a
permanent peace. 1t is not known what decision
Spain will take in the matter
The Minister OF Marine, Admiral Bermejo, de-
Mes the report that the Government has pur-
chased the Italian. cruiser Carlo Alberto.
on the Bourse to-day there was not merely
a panic. but there were absolutely no transac-
tions except in the smaller class OF Internal
and external per cents. with heavy drop
IN each and still heavier fall I'm Cuban bonds
Such a state OF the Bourse is considered tanta-
mount to a war panic.
The Spanish Ambassadors TO the Powers have
telegraphed to Sehor Gullon. the Minister for
Foreign Affairs. that Spans note Of Thursday
has created an excellent impression abroad
NO REPLY FROM THE UNITED STATES.
Up to nooa today no reply from the United
States Government has yet been communicated
TO the United states Legation there.
Madrid April |. via Bayonne. France, hprh
2-In spite OF the gloomy aspect prevailing thls
morning. this correspondent; hears tonight that
Spain may find a way out Of the difficulty ana
grant all President Mckinley has asked. though
in difrercat form. diplomat friendly to hoth
nations made strong representations to-day to
an influential Spanish Minister. urging spain
to accept Americas moderate demands. Whch
he approved and representing that unles. IL
WAS done this week II would he too late II ia
further learned that these representations had
decided effect.
Much pressure has boon brought To bear on
the Papal Nuncio. urging him 10 ask Spain to
grant an arrn.stice and AZ the same time ISSUE
n rescrlpt 10 the insurgents. urging them. a.
faithful sons or the Church. to accept The
plan is likely TO succeed.
ARMY OFFICERS MAKE TROUBLE
The probabilities ton ght are that spain'5
offer on these lines. WI 10 made tomorrow
II IL not doubted that tho great difficulty IN tho
way Of Spain making su-h an offer ls the
turbulent army officers. who. It = generally
admitted would ondcavor 20 precipitate rovo-
luton were an armisfice offered at the SJs-
gestlon ~ the United States.
Various misleading accounts of yesterdays
conference have been published. indicating a
long and impressive discussion. All that hap
pened was that Senior More,. the Minlstsr g.
the Colonies read The spanish note. Ct-erai
Wood,ord. the United states Minister. without
expressing an opinion promised 70 transmit It
70 Washington. and. after the most friendly In
Of -,If- . rtet
The Spanish counter-proposals are brief They
berin with n reference 10 thc Maine. which did
not form part of the United States suggestions.
Spain expresses regret AZ the Incident. and
that II occurred In spanish waters. suggesting
that tho question % Spaia's responsibility be
referred TO arbitration. The note then declines
the good Offices OF the United states Govern
ment In regard TO the reconc"nirados ana an
armlsticc III regard TO the armstce. the note
saws that the matter is In the hands OF the
Cuban Government. intmatlng that an arrn's-
,,ce would be granted II the insurgents asked
for II.
The newspapers today arc extremely tubilant
over the display OF patriotism AT the opera
House last evening. but Il was - a great extent
manufactured enthusiasm. All Office holders
were expected to subscribe and did 50. Inc
same is true Of the army officers.
To MOBILIZE THE SPANISH ARMY.
r,,orn entirely Trustworthy information. 1t can
he asserted that the Government has adopted
measures 70 mobilize. at any moment the avail
ahIe military forces OF thr country An order
has already been given the. the garrison o'
Madrid and other military Captain-Generaships
reinforce all the naritirle posts at given mo-
mont and the sappcra and miners Of the garr-
SON NJ Lorrono will proceed Immediately 70 the
Balcaric Islands.
The newspapers announce tnat they nav"
natr,oticalIy agreed 10 obey the expressed de-
.lre of the Government. and publish nothihg
respecting the movements of the army or navy
T,. snani.h battle-ship Pelnyo has been un-
dcreo,ng repairs and alterations at Toulon. She
leaves there on Saturday for Cartagena. taking
,,,,, her French workmen to complete her re-
pairs in Spain
,,,k ., the armament Of the Carlos Ia
,,roceadIne most actively and nearing compile
tion.
enoin viii Immediately get out Of foreign
,,a,er. ALI the warships she has already pur-
chased lest an outbreak OF hostilites render II
,npossible. She is adopting the same measures
tor war material contracted for abroad.
rorce orders FOR coal TO be used for the Cuban
service have been given.
7, is reported that tho Spanish Naval Depart
mont has received numerous cvertures from the
native and foreign mercantile marine to prepare
privateers.
sehor Sagasta is alive TO the gravity or the SIT
uattop and seems inclined TO believe this bold
front Will deter the United States from pushing
its demands into war
A CARLIsT OUTBREAK FEARED.
-,,r- DANISH poYAI, FAMILY SAID TO BE PRE-
PAIRING FOR FLIGHT.
Berl,n. April 2.-The German Ambassador at
Madrid. Herr Won Radowitz. reports to the FOR
.,or Office here that the Spanish royal family
,.ars an outbreak unless the differences between