The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1898-04-24
Speech b. Senator PIendo in Which
He Said the Arnsy VIII Rather Die
than Suffer Defeat.
FINANCIAL PANIC STAYED
PREPARATIONS MAKING BY SPAIN
FOR A PROLONGED STRUGGLE.
American Privateers, if Any, to Be
Treated as Pirates-Comments
of the Foreign Press.

MADRID, April BIT is again rumored
that the Spanish squadron has sailed from
the Cape Verde islands, but it's destination
is not given, though it is believed the Span
ish war ships will suddenly appear and
create a surprise. The Spanish feet in the
Antilles will be commanded by Admiral
MaDterola, the Spanish naval commander
at Havana, and the flying, squadron CT
Spain is to be commanded h3s4 dmiral Ger
yer. cable dispatch Has been received
here from the governor general of the Phil
ippine islands. in which that official says
he is not in the least afraid of the American
squadron now at Hong Kong.
The Spanish Senate was organized to-day.
The sena tors took the customary oath and
the Cuban senator, Senpr Pienda, felicitated
Captain General Blanco ard the Spanish
army in Cuba on the enthusiasm they are
showing in the defense OF Spanish territory.
The senator added: 81 am pursuaded the
army will rather die than suffer defeat"
1t is announced here that Spanish war
ships yesterday refrained from the easy
capture of two American merchant vessels
because war was not declared and they de-
sired to respect international law.
The war enthusiasm continues here and
in the provinces The civil governor of
Madrid. Senior Aguilera, appeared again last
evening in the midst of the crowds in the
streets and encouraged them TO patriotic
demonstrations The people invaded the
theaters orators appeared on the stage and
patriotic speeches were delivered to the au-
diences, who heartily cheered the stirring
utterances and sang in chorus the national
and patriotic airs played by the bands.
While these popular ebullitions are proceed
ing the ladies of the Spanish aristocracy,
besides aiding in obtaining contributions to
the national fund for the increase of the
Spanish navy, are organizing religious asso-
Citations under the auspices of the bishops,
for the purpose of holding day and night
special services of prayer for the success
of the Spanish army, and the newspapers
and clergy will use the press and the pulpit
to keep the patriotism Of Spain up to its
present pitch of enthusiasm.
The panic on the stock exchange has been
counteracted by supreme efforts on the part
of the financiers. The tone of the bourse
has improved, and the rush TO the banks for
the purpose of changing notes into silver
has been stopped by the determination of
the treasury officials to allow the free coin
age of silver. Some bankers have even Of
fered a premium on notes. There is no lack
of evidence that Spain has put forth her
whole energy for prolonged struggle.
Great Indignation continues to be ex-
pressed against Great Britain which is re-
garded as being partial towards the United
States and unfriendly to Spain. The Lib
elal, referring to the attitude of Great Brit
ain, says:
Great Britain is never disinterested, and
must have secret understandings with the
United States, which should make the
European powers open their eyes" Con-
tinuing, the Liberal points out that pro-
longed war will be more injurious to Brit
ish and American trade and industries than
to the trade and industries of Spain, and
that, should Spain lack foreign coal, she
will find supplies at home
The archbishop of Valladold has arrived
here. He says he deeply regrets the attack
which was made on General Woodford's
train at ValIadolid. while the United States
minister was on his way to France.
The stories Of ministerial crisis are de-
MED and it is understood that after agree
ing to the financial programme the Cortes
will adjourn until May Is.
Senior Moret, the minister for the colonies.
declared it is impossible for telegraphic
communication with Cuba to be interrupt
ed. even If the Key West cable is cut, as
three other cables. protected by the guaran-
tee OF the telegraphic convention, reach the
island.
The rumor that the minister of marine.
Admiral Bermejo. will resign his office in