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Show While Spain proposes a new loan to carry on tho war in Cuba, that island, the "gem of the Antilles," is fast being mado a desolation. A correspondent cor-respondent of tho New York "Sun" writes a long letter upon the hopeless task of Valuiazcda's successor, noting Spanish butcheries of insurgents, and victories of the patriots falsified, detailing de-tailing the great advances of the Cubans Cu-bans during tho last two months, and declaring that the only course for Spain is a complete surrender of the island. Innumerable sugar estates have been burned and destroyed, and planters ruined, whilo the sinews of war arc now only to be had from tho mother country, coun-try, herself distracted with feuds and burdened with debt The sooner Spain gives over her unholy crusade the better for herself as well as Cuba. Four years have elapsed since the struggle began, and even now the monarchial cause looks as dark as ever, whilo many rays of light break upon the stern and determined patriots. |