The Montgomery advertiser., 1901-09-09
COLOMBIA BANKRUPT
PUSHED TO LAST POINT TO
 SECURE FUNDS.
Majority of the People Favor the Revolutionary Movement-Vene- zuela Charged With Respon-
 sibility for Conditions

Colon, Sept G., via Kingston, Sept. B. (Refused at Colon by the censor and forwarded by steamer to kingSton.)- Colombia's financial straits are extreme and she is pushed to the last point to obtain funds The Colombian paper peso Is now worth less than cents and gold continues to appreciate. Seventy or eighty per cent of the people of the coun- try cympathize with the revolution and are opposed to the present government, largely, 1t is asserted, owing to the gov ernments exactlon of taxes and lmposts and other vexatious efforts to raise money. This financial distress, coupled with the extent of the revolution. momen tarily becomes threatcning-this being especially the case in the Venezuelan ntanglements-and,i it is asserted, con- stitutes the strongest reason why Colom- bia cannot go to war with Venzuela with any hope of success
 Tho future contains no promise Of financial betterment and the people De- come daily more burdened: Forced loans expected In some cases customs re- cefpts have been hypothecated months in advance as security for these loans. Cnd in other cases no security Is given The continuation of such governmental impo- sitions increases the liberal ranks and the prolongation of the present situation Will, it is believer, increase the liberals chances of success.
 The government is holding the army, which 1t is making strenuous efforts to pay and which. with the ofdcal employees, seems strong enough 70 pTOlOnB Iue ITe- sent situation. but unable to deal the revolution d crushing, effective blow. Time will strengthen the rebels position throughout the country. but in the leaders. The government today owes the l.5OO troops on the isthmus $45,9O0 in gold in back pay. :, isthmus of General Atnan, commander in-chief of the Colombian forces, will be attended by stringent measures and torc- cd loans in order to raise mon ey to pay these troops.
 Although the governments financial ex- tremity Ia asserted to be continually in- tlPnsiTg, it has not yet heen authenti- cpllv reported that the government has nolested foreigners or attempted to ef- feet forced loans from foreigners. Many ft yeigners, however, believe the probabili- ty of such occurrences to De approaching, tht decere of July 1S. which gives 10 minor officials full powe: to take any measure they may consider necessary to crush tho rebo iiien and preserve the 6isnity of the country.
 Reports are agein in circulation that tie liberals are corcentrating at Chor- rcra on the Pacific coast. iftetB miles north of Panama. Similar reports have been current for weeks past.
 The Gunboat PinZon with General Aloan on board. is still cruising along the coast. Apparently Eo efforts are being made 70 use the cunboat effectively At the same time, Colombian officials talk to the eMeSI that Colombia Intends buying other similar craft L.
 The Colombian gunboat Cordoba has IS been sent to Martinique for repairs, lI having been discovered that she Was practically useless. A,,,
 Minor Colombian officials unite in blaln- ing Venezuela for what ever con"llloiS exist upon the frontier. .L.,,
 If the liberals come. into power nT1 snIy will. if is helieved. find the country bahS- rupt Fnd impoverished through nalSau. 1,, ministration.. There is nothing to snow t conclusivpy that the liberals are any ,ro,,- nCy- ernment Ali Col0rhian export ana I'm, port duties are payable tn gold or IoSni paper, on a gold valuation.