The Duke of Tetuan, in repeating what our minister had said to him,
stated that the whole conversation was most satisfactory, and that he
was ready to talk further on the subject with General Woodford whenever
he was prepared to do so.

He absolutely denied that there was any talk of war, and General
Woodford, on his part, declared that war would not be thought of until
every other means had been tried.

Spain's troubles are increasing daily, and it seems more than likely
that she will be willing to accept our friendly intervention, and allow
the cruel and expensive war in Cuba to cease.

The report that more troops are to be sent to the island has been
confirmed, but it is now said that only 6,000 will be sent, instead of
the 27,000 promised.

The reason for this is that Spain is having trouble in raising money.
Money she must have, as her treasury is empty, and the enormous expenses
of the war still continue.

The new government that was formed after the death of Canovas does not
seem to have the strength to deal with the situation. It is constantly
rumored that it is about to resign, and that Señor Sagasta, who has such
liberal views about Cuba, is to be called to form a new government.

While things are in this state of uncertainty and public confidence is
thus shaken, it is but natural that the financiers should be unwilling
to loan Spain more money, lest they should not get it back.