The Red Cloud chief., 1898-06-24
TALK FOR PEACE NOW
SPANIARDS REALIZE THEIR
} DESPERATE SITUATION.


NEW YORK, June 2O.-A dispatch u
the New York Herald from MadriJ
says:
An allocution to the government by
the powerful council general of Cata-
lonia, which represents the mercantile
Intelligence of Spain. calling for peace.
aas created Il deep impression here. all
h more on account of the logical aud
practical ~rcasouings with which the
council advocates "a cessation of hos
~tilities.
II states that although the council
considers Americas conduct unquali-
fedly unjust, yet that does not Justify
Spain in continuing an unequal COM
bat, which is bound to result in over
whclming ruin. at is better" it says.
to submit to an amputation, painful
though il he, than to carry on a ter
riblc war with its thousands of disas-
tcrs. The matter will not he any
more glorious after we have been
ruined and the blood of thousands of
our soldiers she'd" The a%llocution
ends with a call for immediate peace.
The endless objections raised in the
cortes to the taxation necessary for the
continuation of the war are met by the
governmental organ, FL Dia. 1t says:
The country neither asks for nor
wants war. II understands neither its
origin nor its issue. and on that ac-
count shows neither enthusiasm of any
kind nor on that q does IL re-
spond by its attitude to the RESPONSE
bilities which the situation imposes
upon the government. 1t refuses sac
rifces which would willingly be ac-
cepted under other circumstances.
With such a sentiment existing it is
impossible to ask the government 20
prolong a war for which the country
doesn't seem inclined 10 provide the
necessary resources. Without money
we cannot have war
The Epoca, whose seriousness j.
above question. says: In our opinion
I'll Dia reflects with thorough cNacti'
tudc the position of the government,
The Epoca cannot understand how tn,
government can vacilatc as to which
course TO take. 1t says: ''Thcre ear
be little doubt. according 10 the con
census of maturcd opinions, which
have been gathered, hat peace at tn,
present moment. when the entire worl,
gives full recognition to Spanish valoi
and bravery, is highly opportune IN
der the circumstances, which may no
he 70 good again
MADRID, June oo.--Thcrs Is consid
cradle comment here to-day over n lonl
conference which has just taken plac,
between the British ambassador I,
Spain, Sir Henry Druinmond-W Wolff
and the Spanish minister for war, Gen
eral Corrca.
The newspapers Of this city to-da.
publish the text of a manifesto froI
the inhabitants Of Catalonia. of whicI
Barcelona is the capital, in favor q
peace between Spain and the Unite
States.
LONDON. June 90. -Tnder the head
ing: lis the Bank of Spain solvent?
The London Statist lc~ngthily discussc
SPANS condition, saying: Upon IN
banks ability to finance the govern
mcnt depends the continuation an
duration of the war. Practically tn
Spanish government is now reduced (
the cxpedient of using the printin
press TO meet its war OUTLAWS and tn
longer that printing press is in opel
alton and the more notes are issue
the greater will be the depreciation {
the value of the paper pcseta. IL I'll
wal lasts much longer we may see tn
paper peseta, which is now nj a di
count of 80 per cent. depreciate as di
the assignat of rance at the close {
the last century. The for iEl NGspcl
sion of specie payments cannot lon
he delayed. Indeed the suspension h;
practically occurred"
The Statist then presents an ARA
OF figures showing the exact positio
Of the bank, with a note circulation
SODA, 900, 900 without any coin reser,
available for it's redemption. and fu
ther pointing out that such note circ'
lation may be increased to $500. 900, 90
Finally, the Statist says that in thr'
gears the Spanish and Cuban COVER
mcnts have borrowed 500, Oo0, 900 fro
the Bank of Spain.