The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1898-03-09

New York, March S.-A dispatch to
the World from London says:
Nothing short of a miracle can pre-
serve the peace of the world now, it
is believed among British statesmen
and politicians. Not since the Napo-
leonic wars has danger threatened from
so many quarters. Today's news from
Washington, combined with the grave
tidings from China and West Africa,
sent consols down one-half on the stock
exchange and the paniclly feeling there
was reflected in the house of commons
lobby
In their present temper, the English
n IN woUlS regard with extreme dis
favor tn t,ansfer of any British-b built
warships so any foreign country.
The admiralty was savagely attacked
today for permitting Spain TO take over
two torpedo boats recently completed
Coz her.
TOOK THEN, ANYWAY
Yet these boats were only the partial
filing of an order from Spain given
more than a year ago when four tor
pedo catchers were contracted for from
the Fairfield Shipbuilding company. 1t
is proof OF the supreme eXigency of
SPANS requirements that these two
completed torpedo catchers are ac-
cepted, notwithstanding that they fail
ed in speed trials and showed other de-
fects, which there has rot been time to
make good.
They were contracted for as 3O-knot
boats, but they only attained %.
The work on the remaining two boats
is being strenuously pushed. but it can
not be completed under six weeks at
the earliest.
RAPID-FIRE GUNS.
According to the Paris correspondent
of the Herald the Spanish government
has given orders for the purchase OF
rapid-fire guns of the Canet type of II
and 16 centimetres. in France. They
are supposed to be for the Spanish
ironclad Carlos V, now at Havre, COM
pleting her armament.
Spain is said to have tried to pur
chase warships from France, but with
out success
SIMPLE PEOPLE PUZZLED.
A dispatch to the World from Ma
drid says:
The panic on the foreign bourses to
get rid of SPANS securities has puzzled
the people of Madrid all day. They are
at a loss to understand the reason for
it.
In sympathy with that panic there
was some fall in stocks on the Madrid
hourse, accompanied by a sharp rise in
foreign exchange The government
took steps Immediately to contradict Of
ticially both the reports that Spain had
asked FOR the recall of Consul General
Lee rom Havana, and the report that
Pope Leo XIII had made any deciara-
tiCn favorable TO Cuban independence
or rebels. Tho latter rumor is posi-
lively de2ied by the Dapal nuncio at
Madrid. On the contrary, il is we'll
known that since the beginning of the
Cuban insurrection, that the pope has
sent his blessing repeatedly to Spanish
II FOODS starting Cor Cuba, and has
equally as often announced that he has
prayed FOR the success of the Spanish
arms.
INACCURATE STATEMENTS.
Rejecting the impressions in financial
and political quarters, most of the
Madrid newspapers attribute the scare
to inaccurate statements set ahoat by
telegraph agencies and sensational
newspapers concerning both incidents.
The Spanish newspapers still print
criticisms based upon the discovery of
goods smuggled into Cuba under the
cover OF relief.
The Hera,do believes this incident is
damag:n~ tor General Lee.
WHAT SPAIN BOUGHT.
London, March S.-The English news
papers today confirm the news of Span
ish purchase of warshios. The st.
James Gazette, which yesterday pub
lished the denials of the Spanish en-
bassy ard the Spanish naval commits
SIGN which has an Office in London, says
today:
1T is ascertaineG on very high au-
thority, i'll spite of deniais, that the
Spanish government has almoSS GER
tainfy succeeded in buying three nearly
cruisers here, AID two coast
defense vessels, which are about 10 be
launched il France. Experts are al
most as much surprised at the success
of Madrid in raising money as by the
clever diplomacy which secured the |
Chilean ard brazilian cruisers OF the !
at a cost believed to be
a million pounds sterling, almost before |
the move was suspected"
The article goes on to say that much !
between Spain and the |
United States for these various ships |
was expected, but Amer |
lea has come TO the conclusion that its
naval resources are strong enough to |
confront Spain and is playing waiting |
game"
WILL BE OURS IN TINE.