The Monticellonian., 1898-09-16
HAR |S VLRY EXPENSIVE.
What it Has Cost Spain in Cold Cash to Lose Nearly All of Her
 Colonial Possessions.
NEARLY ALL OF IT WENT TO THE ARMY.
Almost Three Hundred and Sevsnty-Fivo Millions Spent in an Endeavor to MHin- tain Authority in Cuba She Has, Dc sides Lost all Her Navy, and Has Only Remnant of Her Honor to show for the Iapenditure.
Expenditure.

Washington, Sept. 13.-Aside f-om the loss of her colonies and the ships destroyed i'll battle, the war has cost Spain about $374 ,S00,000. Information to this effect has been received at the navy department from the naval at taehes of this government abroad. ln- cluding the cost of preparation in an- tieipation of the war begun by Spain in May, 1895, these. sums have been raised and expended:
 How the Money was Raised.
 From the sale of 322, ,944Cuban notes, s25.242, ,255.
 From the sale of 6O,000 Cuban notes of 1886, S5,7s4 ,s97.
 Loan of 400 ,OO0,060 pesetas on the GUS toms guarantee, S74, ,400, QUO.
 From the sale of silver, etc, Ss6,33s.
 Loan of the Bank of Spain on the Cuban guarantee, S58. .40a.000.
 Loan of the Bank of Spain on the customs guarantee, $4s .200.0 900.
 Loan of the Bank of Spain on guar antee of contributions, S32, 100000.
 Loan of Bank of Spain, per cent. internal debt, $29, ,0o0,Oo0
 Philippine taxes, S37,03000
 These sums do not include debts for transports, etc, contracted by the gov. ernment. which are placed at approx imately $62, ,0Oo,oo0
 Nearly All Went 10 the Army.
 According to the information in the possession of the department, all the money obtained has been expended on expeditions sent te the colonies. whose total amounted to 1s0.431 soldiers, t. 222 officers and about 70 generals.
 of the millions expended only $5,- t06.00O was spent by the Spanish gov ernment to increase its naval force.
 II lluudo, of Spain, commenting up on this small appropriation fer the navy, when such large sum WAS eV- pended for the army, points ont that this sum was sufficient to have bough; and maintained q battleship of 10000 tons.
 With the entire appropriation, it continues, "66 battleships could have been secured"
 Spain. Too Late, Sees Her Mistake. | -ANN N'i1llS 't' Alit iF Ipi tN f0SttN'd here. it is evident that Spain deeply deplores her failure To add q large number ef ships to her navy instead oi applying at least half of the appropri. ations made by the cortes to the main. tenance of the army.
 It is appreciated by the Madrid gov ernment that, in view of the condi- tion of her treasury and the further fact that her naval force is now great | Y inferior, it would be useless 10 try to continue the struggle, especially as there is no nation of Europe willing 70 support her in case she should dagain resort to the arhitrament of arms
 Because of this the authorities have no reason to believe there will be any serious hitch in the negotiations of the peace commission. and while they eX- pect the Spaniards will do everything possible to delay the completion of the treaty, believing they may bring about complications advantageous 10 their government, the American representa- tiyes will be in position at any time To bring them to terms by simple | threat to withdraw.