Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1898-07-04
HAS SPAIN MAD ESouonf

Tho complete destruction Of Admiral
cervcra'a squadron-tho most forinld.
able one Of the three on which spain
relied In the present war-and the
prospective fail ~ Santiago should go
far towards convincing the spanish
people and government ~ the folly of
continuing their resistance 60 Fu.
pcrlor force Every peal OF thunder
from the guns that sent destruction 60
the ships In the bay was un argument
for peace. After Manila aud Santiago
Spanish honor ought ~ be satisfied.
and the queen regent should BE- justl-
Ned IN taking the lnltIat1ry Htopa
towards avortlug further carnage. |
even at the cost to her boy Of the |
colonies.
But win Spain now sue Tor poaco7 |
II u reported that the greatest alarm
prevails throughout Spain on account
u the threatened bomblrdmcnt ~ tho
coast cities by an American squadron.
Tho fashionable watering places arr
being doserted. Submarine mines are
being planted In the hirbor Of Chdlz.
ferrpi. C0uunna. AlgocIraa. Couih.
barcelona ana CartaFcna. and torpedo
boats manned by efficient crrwa arr
being stationed at convenient points.
Spanish nracnaia are working nirht
and day 10 get second uacrve Meet
ready. n the government party IL
continued In power. there will evident. I
" be no ovcrturra FOR peace until ,
Spain herself Il PROSTATE and her coast d
cities present tho spectacle OF a gen. d
crai rnEnar0ok.
There are. however. evidences that },
the pcncc party II growing In strength. n
particularly In tho provinces Cham. h.
hers ~ commerce. economical societies. =,
trades unions and iaborrrs are said 10 :.
have issued manlfcHioea ana hold dem a.
onsiraiions In favor Of the cessation Of -
hosiilitlcu. There II a marked diner ~
onoe between the interests of.iho nnan.
eihl ana landed classes of tho country
ana those Of the politicians who affect
a hollef In the possibilities ~ success. -,
fw resistance, The fail OF gautinro. j.
which must occur before many hours. a.
should give the peace party the covot. a,
ed opportunity Of demanding that the IN
cabinet ask Tor peace. or. n that can aa
"N N'fNhf NNAh 10 ANHNNW anu NNNN /
room Zoe a government " peaceful tb
tendencies. Later peace viii cost tho n,
country dearly. n.
Spain II approaching q critical period n,
IN her financial condition. The heavy a.,
July interest on the national foreign M,
iehi Il due. Money must be- borrowed A
10 meet a. nut tho government re. M
entity authorized the emission ~ one N.
housand million pesotna NJ Internal 4.
'onda and an Increase from 800 900 IA,
90 o. ?.toooooOoo pcsetaa In the note 10
REGULATION N tho bank or the kingdom. Nc
he object being 10 turn ihe bonds into IN,
be bank In exchange for tho notes w,
he depreciation forced by this issue ln,
nv shown In the fact that tho bonds ngr
'euring notes at par values now com. Ivy
'nnd only 30 per cont of their face ud
aluo In tho open market The GOV. Hpn
-nment Il virtually bankrupt IT, hnl
'edlt II gone; ~ ships are DESTROYED 4,
nd the last means ~ carrying on the ina
ar have disappeared, Let spain now hIg
y down her colonies IN this hcmi. IN
here nj the altar of civilization and M
imanity NJ q peace Offering accent pro
DE 10 God and man ana or On atone y,
ent for the sins Of centuries ,,,