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negotiations over. we have
vrry reason 10 anticipate q. speedy and
E successful issue.


In this important operation we are


however, far from thinking that the view.


o. Spain are totally disinterested. 1t is


nevertheless, great achievement to hay,


prevailed upon her to do that which she


lhas hitherto felt the greatest repugnance


n doing, and we use the term prev'i Ell


because we are well aware that The late
chauge of policy has been the effect of a
spirited and combined negotiation, accom-.
lnanied by intimations OF pressing kind
king F.rdinand's first intentions against
South America were no doubt OF decided.


Y hostile character, and in the views hp
= ''then entertained, he found support in the
advice of his most strenuous allies; the
difficulties attending the enterprise, how.


ever, at that time, had not been taken into
account. nor was he at all aware Of the de-


Termination of England or the United


States. The history and errors of our own
colonial struggle have also in all probabii-
Ity been iorcibly pointed out TO him, Tor he


was up to his late change Of policy. in ex-


actly the same predicament as the king o.
Eng was in during our contest with
North America in l77S, when the ministers
lof the Crown were actually forming plan
. to send ou, commissioners to Congress, in


order to solicit the revolted States to re.


turn to their allegiance aud dependence


whilst the French Cabine had already Ell
tered into treaty with those same states,


as exercising all the attributes of sover-
eighty and independence. If King Fer
dinand, therefore, now sees himself at the
lclose of cruel and fruitless war, and is
disposed to give up the contest, any act in


which he may hereafter be induced to &C.
lqulesce. cannot be considered as emanat-
Iing from his own free and good will, but


rather as compliance with iInperious
circumstances, such as a greater and more
powerful nation than his had in like man
Iner been unable to control.


| No doubt stipulation fer the payment
OF sum of money will form part of the
negotiation, and in this, most probably the


British Government will deem it expe-
idient to cooperate, that every Ohsta


Gle may be removed, and an important OBJ
jject secured, one to which the wishes Of


Ministers have uniformly been directed,
and this is, the recognition on the part of
Spain, as being the most eitectual Of all o.
theirs, and that which would prevent fu-
tore iealousies and chickering's among the
continental powers. We feel, indeed,
perfectly confident that Ministers have
acted wise and liberal part in this affair,
Iand that upon it there is a most clear un-
derstandog with France, from whence an


Agent, with very full powers. has just been
dispatched to Que of the sections of South


America. The whole of the Allied Pow
|ers, since they heard the language in which
England has expressed herself, have deem
led il advisable not to risk the tranquility
of Europe. They even seem inclined to
believe, that the opening of an immense
Continent. extending from the Mississippi
to Cape Horn, will form the basis of new
canine cia system, highly interesting t.
Iall and that those States will be fortu-
nate, which are wise enough early to avail
themselves oft. We therefore confident
llv give it as our opinion that the relations
Iof Europe with S. America will soon be
lplaced upon a regular established footing.


founded on the firm and lasting basis of


mutual interest. We further feel con-
fdent that the Governments OF South A.
Imerica, when the several States have ia


ken their equal stations amidst the nations
of the earth, will endeavour to be on the
best terms with Europe. as the quarter in


which their productions must be consum
ed. AS Englishmen, we also trust they will
not forget the debt Of gratitude,they owe to
us--Wc wish for no preferences, but such
as our own fair competition affords US. we


ask only for justice and consistency. On
iColombia, no doubt, our countrymen have


claims of an extensive and sacred kind


and such as she will feel it her interest and
lduty'to answer with the utmost scrupulosi-
ty. Her future prosperity depends on the
character under which she now enters the
great family of nations, and any deviation
from the principles Of rcctitude-any
swerving from the engagements she is un-


der. must materially affect her growing
credit. The general plans in operation


for the welfare Of all the New States we
have every reason to believe, will tend ma.
lterially to Oimprove the particular concerns


of each, and then we hope to see them not


only enjoying all the local advantages OF
independence, but also the respect and


consideration due to acknowledged ma