Salt Lake Tribune | 1901-01-18 | Page 10 | Spain Badly in Debt.

SPAIN BADLY IN DEBT Vigorous Indictment of Present Regime Re-gime Printed in Madrid Madrid Jan 17Tile Liberal today publishes a vigorous indictment of the present regime written by Senor PI y Margall the chief of the Republican Federal party He says that following the closing of the Chambers the nation lias become less hopeful and more fear ful regarding the future He adds The budget has not been discussed the treasury debt Is unpaid we still owe the bank for ovor a thousand million mil-lion pesetas agricultural wealth has not Increased and fanaticism is spread ing In consequence of the support tho Government has given the church which is attacking democratic institu tions and the sacred rights of man The Government constitutes the best friend of Carlism All dynastic governments gov-ernments are powerless to break the chain between the King and rope In conclusion Senor Pi y Margall says It is futile to expect the slightest Improvement Im-provement in the outlook