THE STATUE AT PALOS.

Now in course of erection to commemorate the discovery, and under the auspices of the Spanish government, is a noble statue at Palos, Spain. It consists of a fluted column of the Corinthian order of architecture, capped by a crown, supporting an orb, surmounted by a cross. The orb bears two bands, one about its equator and the other representing the zodiac. On the column are the names of the Pinzon brothers, Martin and Vicente Yañez; and under the prows of the caravels, "Colon," with a list of the persons who accompanied him. The column rests upon a prismatic support, from which protrude four prows, and the pedestal of the whole is in the shape of a tomb, with an Egyptian-like appearance.