The Times publishes a telegram from Rio Janeiro stating that
Chili is aexious for a Spanish-American Congress, and that "Lima"—i.e., we presume, the Government of Peru—has decided to aid the independence of Cuba, and "proposes to subscribe to that object one million dollars." Spenish-America has very little to gain by aiding Cuba, butt it has every keen hatred and fear of Spain, Which it suspects of *desi*ii to recce-quer the old posses- sions of the kingdom across the Wks. This certainly was the motive of Spanish policy with regard to the Mexican expe- dition, and the Republics might be pleased to punish their old -foe by depriving her of the last of her Transatlantic dependencies. The alliance, however, essential to the pur- pose, has still to be formed, and when it is formed, Will scarcely be strong enough to sweep the Gulf of the Spanish squadrons, the only effectual form of rendering aid to Cespedes. Large 'Mine of moiley might bring American adventurers into the field under Peruvian Or'Chillan flags, but Spanish-America has no spare funds available for such a purpose. Lord Dundonalds are not to be found every day.
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