The South American Republics, Part 2 of 2Dawson, Thomas Cleland
History
The South American Republics, Part 2 of 2
Dawson, Thomas Cleland
South America -- History
The new president renewed Murillo's policy of non-intervention. Colombia
had begun to reap a benefit from the increasing foreign demand for
tropical products. Exports grew in value, and with them, imports and
revenue. But expenditures grew faster; the poorer states demanded and
received subsidies from the federal treasury; public buildings and local
improvements were planned beyond the nation's ability to pay; and a
swarm of employees and pensioners battened on the public revenues. Under
the concession of 1850 the Panama railway had agreed to pay three per
cent. of its net revenue to the government, and the receipts from this
source amounted to fourteen thousand dollars a year. Colombia had
stipulated for the right to purchase the road in 1870 for the
ridiculously low price of five million dollars, but Acosta's
administration had no money to invest and was greedy for ready cash. So
the franchise was extended until 1966 for one million dollars down and
an annual subsidy of a quarter of a million. In 1880, under the pressure
of poverty, the installments until 1908 were alienated.
Under Gutierrez's administration (1868-69), when the governor of
Cundinamarca gathered troops and assumed a dictatorship, the president
deposed him. Even a liberal administration found it impracticable to
carry out the theory of non-intervention. An attempt was now made to
secure the nation's creditors by authorising the hypothecation of
specific revenue--a measure which left the administration insufficient
means to meet ordinary running expenses. Under Salgar (1870-72), the
acknowledged deficits amounted to fifty per cent. of the total revenue.
The increasing revenues had proved a curse instead of a blessing, for
the demands of the states and officials were insatiable, and the sums
spent in subsidies and internal improvements grew beyond all reason.
Meantime the most extreme and unrestrained liberalism dominated the
politics of the country. Congress passed a formal vote of condolence for
the death of Lopez, Paraguay's unspeakable tyrant, who had just
succumbed to Brazil and Argentina, after having devoted to destruction
nine-tenths of his people. All honorary and useless military titles and
employments were abolished, and the law on that subject contains the
following curious provision: "In naming the eight generals spoken of by
the Constitution, from whom must be chosen the commander-in-chief of
the army, all Colombians over twenty-one shall be considered as generals
of the republic."
Public-domain text, read in full here on John Shaqi.
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