Spain is going to try to raise more money to carry on the war in Cuba and the Philippine Islands. The Queen Regent has authorized the raising of about $40,000,000 for this purpose, and the Bank of Spain is to undertake the task. The loan is to be secured by the customs duties of Spain. * * * * * After more than three months of consideration, the General Treaty of Arbitration with Great Britain was rejected by the Senate on Wednesday, May 5th. From the moment the Treaty was first proposed it met with great opposition in the Legislature, and many people predicted that the Senate would never ratify it. The feeling of the public was, however, so strongly in favor of the Treaty, that it was thought it would surely be ratified after certain objectionable clauses were changed. The Committee on Foreign Relations took the Treaty in hand to make these alterations; and when it was reported back to the Senate, people hoped that it was in a form that would be found acceptable. This has not proved to be the case. The Constitution of the United States requires a two-thirds vote for the ratification of a treaty, which of course you understand means that two-thirds of the Senators present must vote for it, or it is lost. On Wednesday, the 5th, there were sixty-nine present when the vote was called. Forty-three voted for ratification, twenty-six against it. You will see by this that the Treaty was defeated by only three votes. When this Treaty was signed at Washington in January, everybody rejoiced. The United States was praised by all Europe for being the first nation to take such an important step in the advancement of peace. The leading papers declare that, in spite of the rejection of the Treaty by the Senate, the American people are still in favor of it; and that, had the matter been given to the people to decide, the result would have been different. * * * * * The war in the East is practically over. Report says the Greeks have appealed to Europe for help, and are now willing to withdraw from Crete. It was felt from the first that the struggle between Greece and Turkey would be an unequal one, but the well-known courage of the Greeks, and the righteousness of their cause, made people hope that success would crown their efforts. Such has not been the case. Disaster has followed disaster. At the critical moment the Greeks always appear to have lost faith in their leaders, and to have behaved in a disorderly and insubordinate manner. The retreat from Epirus seems to have been very little better than the flight from Larissa. From Pharsala, after their fine and determined stand at Velestino, the Greeks again retreated to Dhomoko. Whether it be from fatigue, want of military training, or lack of proper leaders, the Greeks seem to have been unable to withstand the advances of the enemy.