HONDURAS. 



reached $25,000 per annum, and he determined 

 not to go beyond that limit, and did not. In 

 1837 he was appointed one of the physicians 

 extraordinary to the Queen, and, on ln-r nur- 

 riage, he held the same relation to the prince- 

 consort, to whom he afterward became physi- 

 riun-in-ordinnry. In 1852 ho was appointed 

 physician-in-ordinary to the Queen, :md in 

 April, 1863, created a baronet, 1 1 is wife. \\ l.o 

 died November 2, 1866, was a daughter of 

 Rev. Sydney Smith. Besides the "Agricul- 

 tural Survey of Cheshire," "Travels in Alba- 

 nia," and metaphysical essays already noticed, 

 Sir Henry had published a volume of his col- 

 lected essays in the Edinburgh and (Jintrterly 

 Jtetitiri; "Medical Notes and Reflections," 

 1889-1865; "Chapters on Mental Physiol- 

 ogy," and numerous uncollccted essays, papers, 

 and addresses. His last work, published ah 

 the beginning of 1872, was his "Recollections 

 of Past Life." This, ns well as some of his 

 previous works, was reprinted here Most of 

 his earlier works had been translated into 

 German and some of the other languages of 

 Continental Europe. Without possessing the 

 highest order of talent, Sir Henry was .1 fine 

 scholar, a proficient in both classical and scien- 

 tific literature, a skillful physician, a keen hut 

 general observer, and always a gentleman of 

 the old school in his manners and address. In 

 his vast circle of acquaintances he was uni- 

 illv liked and esteemed. 



HONDURAS (REpfBLicA DB HONDURAS), 

 nn independent state of Central America, lying 

 between latitude 13 and 16 north, and longi- 

 tude 85 39' and 89 0' west; and bounded 

 north by Guatemala and the Gulf of Hondu- 

 ras; southeast by the Caribbean Sea; south by 

 Nicaragua, Fonseca Bay, and the Republic of 

 San Salvador; and west by the latter repub- 

 lic and that i>f Guatemala; area, 58,108 square 

 miles; population, about 300,000, of whom 

 170,000 are Indians, 180,000 mestizoes, 5,000 

 white|, and the remainder negroes. The 1'r. si- 

 dent (provisional) is C. Arias; the Minister 

 of Foreign Affairs, War, and Finance, A. Al- 

 \aiv/; tin' Minister of the Navy, and of Pub- 

 lic Instruction, C. Celio Arias; and the Bishop 

 of Comayagua, J. F. Zepedo, appointed in 1861. 



Tin- army in composed of 600 men iu time 

 of peace, and there are 6,000 militia. 



According to a communication of the ez- 

 Presidcnt of the republic, T. M. Medina, tho 

 value of the exports may bo computed at 

 $1,805,000, distributed as follows: Gold and 

 silver. $600,000 ; indigo, $200,000 ; cattle, 

 $150,000; timber, $180,000; and hides, etc., 

 $100,000. 



The foreign trade is carried on through the 

 port* of Trujillo and Omoa, on tho Atlantic; 

 and Amapala, on tho Pacific. Tho port of 

 Molina i no longer open to foreign commerce. 

 Tin- commercial intercourse is for the most 

 part with (ircat Britain ; but there arc no official 

 return* of either the exports or the imports, 

 owing perhaps to the fact that the customs at 



the above-named ports are farmed out to indi- 

 viduals whose interest is to conceal the precise 

 amount ot" their revenue. The of the 



country are now almost wholly undcvd 

 The finances, too, are in disorder, partly ov, in:.' 

 to prolonged strife, aggravated in 1ST- by a 

 war with San Salvador, and again, in 1873," by 

 the renewal of hostilities with the same repub- 

 lic. Semi-ofticial reports give the total public 

 revenue for 1870 at $388,000; about one- third 

 of which is derived from custom-house re- 

 ceipts, and another third from the sale of rum, 

 etc., monopolized by the Government. The 

 expenditure lias lor u number of years exc, 

 the income, tho deficit being made up ly 

 loans. At the end of 1872 the foreign debt 

 of the republic amounted to $29,950,540, con- 

 sisting of three loans: the fir ft contracted in 

 London, in 1867, for tho nominal aim .unt of 

 $5,000,000; the second in Paris, in 180*, lor 

 tin' iiumimil iitnount of $12,450,540; and the 

 third in London for the nominal amount of 

 $12,600,000. The Britisli loans, at 10 per > 

 each, were issued at the price ot' M 1 ; tl.e 

 French loan was at C per cent., and issued at 

 75 ; and all were raised lor th. d pur- 



pose of building on interoceanic railway from 

 Puerto Caballos on the Atlantic to Fonseca 

 Bay on the Pacific. In the prospectus of the 

 last loan it was announced that the entire rail- 

 way would be completed and in working order 

 by the end of 1872; but, at the period men- 

 tioned, only 62 miles on tho Atlantic side had 

 I'n n constructed out of a total of 225 miles; 

 and the work was suspended for want of l'i 

 and owing to the outbreak of the war with 

 San Salvador. 



In May, 1872, the Government issued at tho 

 London Stock Exchange the prospectus of a 

 ship-railway loan of $75,000,000, for the pur- 

 pose of adapting the Interoceanic Kaihi 

 a ship-railway across the republic, that is to 

 say, a railway capable of conveying ships of 

 large tonnage to and from the ports of Puerto 

 Caballo, on the Atlantic, and lonsecaBa\. on 

 the I'acilic, without disturbingthe cargo, 'll.e 

 loan was to he in 150,000 bonds, of $500 cadi, 

 Usucd at tho price of 80, and to be repaid in 

 lift een years; but no subscribers offered in 

 Great Britain. 



On January 16, 1878, Mcs-r>. AVaring Bros. 

 & McCandish threw up their contract for the 

 Honduras Hallway, and ceased from that time 

 to have any connection with the enterprise. 

 Tho trustees of the original Honduras loan 

 took charge of the railway, works, etc.. it bcim: 

 understood that the latter would be continued 

 to completion if the loan for that purpose 

 should be successfully floated. 



The insolvent situation of the republic was 

 a subject of much thought and no little appre- 

 hension on the partof the Hriti.-h bondholders. 

 who held a meeting in London in the month 

 of January, Captain Bedford Pirn, of the 1 

 Navy, being in the chair. That gentleman ex- 

 pressed his regret to announce that neither cou- 



