FATE OF PROJECTORS' PLANS.
Those who govern are in all ages surrounded by projectors, and have to clear the way about them as well as they can, and to take care that they get time and room for managing their own immediate affairs. It is not to be wondered at, therefore, if good plans should sometimes share the fate which ought to attend, and must attend, the great mass of all projects submitted to men in power. Here, however the ultimate event would justify the monarch's caution; for it would be hard to prove that Spain has derived aught but a golden weakness from her splendid discoveries and possessions in the new world.