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word, particularly that of her majesty Isabella II. In her name a full pardon was offered to Armenteros and his associates, who raised the cry of independence in Trinidad, and this document effected the purpose for which it was designed. Armenteros and the others, who placed reliance in the royal word, were, some of them, shot, and the rest deported to African dungeons. No reliance can be placed on the loyalty of the vast majority of the vigorous citizens (unless the negroes alone are comprehended under this phrase), when the whites are deprived of arms for the defence of their country, and men are fined five pesos for carrying canes of a larger size than can be readily introduced into a gun-barrel, and free people of color are alone admitted into the ranks of the troops. The Cubans are not relied upon, since, to prevent their joining Lopez, all the roads were blockaded, and everybody found on them shot; and the immense number of exiles does not prove the majority which favors the government to be so prodigious. "The value of the powerful navy and well-trained army of the island was shown in the landing of Lopez, and the victories that three hundred men constantly obtained over an army of seven thousand, dispersing only when ammunition failed them. Hurricanes and the yellow fever are most melancholy arms of defence; and, if they only injured the enemy, the Spaniards, who are as much exposed as other Europeans to the fatal influence, would be the true enemies of Cuba." The following remarks on the present condition and prospects of the island are translated from a letter written by an intelligent Creole, thoroughly conversant with its affairs: "The whites tremble for their existence and property; no one thinks himself secure; confidence has ceased, and with it credit; capitalists have withdrawn their money from circulation; the banks of deposit have suspended their discounts; premiums have reached a fabulous point for the best of paper. The government was not ignorant that this would be the result, and prepared to get out of the momentary crisis by the project of a bank,[12] published in the _Gaceta_ of the 4th (May); but the most needy class, in the present embarrassed circumstances, is that of the planters; and it is necessary, to enable them to fulfil their engagements, that their notes should be made payable at the end of the year,--that is, from harvest to harvest,--and not at the end of six months, as provide
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