The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1898-04-04
That is the Estimate of The Newspapers
in Madrid.

Madrid April 3.-The majority of the
newspapers here to-day regard war as
inevitable They think General Stewart
Il. Woodford has communicated final
answer to the government. The Libe-
raj says:
1T is clear that no concession will
dependence of Cuba. and we had better
Immediately end the uncertainty
The whole article of the Liberal on
the subject is bellicosc in tone.
The Pals asserts that great uneasi-
ness prevails at Washington concerning
tie attitude of the Southern States in
case Of war with Spain, and also be-
cause the Spaniards are organizing in
Mexico to invade the States Wiley
wrested from the Mexican republic
In conclusion the Pals asserts that sit
will not he all beer and sk.ttles' for the
United States"
Much excitement was caused during
the day by the receipt of a dispatch
saying it is expected that the passports
of he Spanish Minister at Washington
will he handed to him on Monday
There was little excitement here this
afternoon, owing principally to the fact
that there was no bull fight to-day.
Extra precautions were taken to pre-
vent disorder at the Republican mass
meeting this afternoon. The number of
guards at the United States Legation,
was increased.
The object of the demonstration was
to demand a revision of the sentence
imposed upon political and other often
ders, to protest against the torturing OF
anarchists in the prison of the Fortress
of Montjuich, Barcelona: TO demand the
| free import of wheat, and to demand
universal conscription, without the re-
demption of the rich conscripts.
! The demonstrations, contrary to ex-
pectation, turned out to be a very quiet
| and formal affair. In fact it may be
| termed 'fizzle"
| The demands Of the people who took
part in the demonstrations We're en-
| bodied in a manifesto. which was handed
| to the Minister of the Interior. Senior
| Capdepon. who replied, saying he re-
GREETED that the indisposition of Senior
Sagasta made 1t necessary for him to
| receive the deputation in the Premier's
place. The Spanish people, Senior Capde
| pom added, were worthy of the liberty
| they enjoyed, and the government
would always keep abreast of public
i opihipn- 'iput tIit Ild1ilItSUD was LOO St.
rious to be Immediately replied to- 1t
would command serious attention. and
would be referred to the Cortes.
| The crowd then good naturally dis
persed
LONDON MONEY EXCITED.
/ London, April 3.-Money was wanted
ON all sides during the past week and
| the market consequently was very firm.
/ About :,.500.0OO pounds sterling were
borrowed frGin the Bank Of England.
/ The prospects now incline NO easier
conditions.
Prices on the Stock Exchange fluc-
tuated widely, according to varying
Spanish Aemrican war news. The set
tlcment was tided over more easily
than expected. There were no defalca-
tons. Consols and colonial securities
dropped and the English railroads rose
in price The chief feature. however.
was the speculative activity of the
American market. The boom of the
early part of the week reached high
water mark on Wednesday, since when
the quotations have receded though they
still stand considerably above those OF
the previous week. The chief increases
were New York Central Az, Union Pa
cific preferred 4, Chicago, Milwaukee
and ST. Paul 3H, Louisville and Nash