San Antonio daily light. [volume] (San Antonio, Tex.) 1886-1907, 1897-06-21
A NEW CUBAN SCHEME.
Corporation After The Lit
tie Island.
ATTEMPTS TO PURCHASE 1T
FROM SPAIN WILL BE MADE
BY CAPITALISTS.
The Country To Be Converted Int
A Vast Sugar Estate To Serve
The Purpose OF The Trust
With The Government
Left To Uncle Sam.


the Herald from Washington, says:
A story is current that the sugar
trust has involved or accepted an ambi-
tious suggestion that Cuba is substan-
TALLY for sale, and might as well be-
come sugar plantation for a gigan-
tic corporation, supported by the SYM
pathy and interests of our country. In
other words we might have West In
dia company, as England has an Feast
India company and a Hudson bay COM
pany, each of which aided vastly in
the extension of the British hemis-
phere.
is said that the Spanish minister to
the United States cabled recently to
Madrid reporting disposition of our
government to decline to interfere by
force, also to support Cuban autonomy
and that this cable prevented the re-
call of Weyler, when change in the
Spanish ministry was in the air, to
send to Cuba Campos who closed the
ten years war with Cuba and might
do the same job now by the same
means, much cheaper than Spain can
keep the 10000 soldiers in the field in
definitely.
Col John ]. McCook is the gentle-
man credited with the imagination to
conceive the capture of Cuba with cash
as a measure of peace. This, as Col.
McCook understands it, is merely a
matter of business.
The idea runs this way: Spain has
already charged to Cuba debt ofs40,-
900, 900 and under the Spanish dominion
the island can never yield a revenue
amounting to one half the interest.
Cuba, without a port or town or ship,
has a national debt and yet there are
many who think the credit of the Gu
ban government should be as good if
not better than that of Spain.
Suppose there were a company COM
manding money to take up the whole
Cuban debt, with the war of Spain
charged to Cuba at it's market value
say So, ZOO, 000-and $4,000, 600 for the
Spanish rights in Cuba, and the Cuban
rights in the forests and mines and in
settling American and Cuban claims
against Spain-and the United States
would guarantee bonds to the amount
of $500, 00O, 900 at three per cent and SUI
pervise and administer the customs of
y
the interest, the government holding
the bonds as security. Would not lib
erty and peace and prosperity in the
islands be accomplished at a cost of
SO, 00O 900 a year taken out of Cuban
custom houses? Incidentally it would
seem that there must be an immense
profit to the managers of what might
be called the Cuban trust.
The advantage to the Spaniards
would be peace and the extinction of
some hundred millions of dollars of
debts for the creditors of Spain, and
she could have large sum in hand in
stead of a Cuba of blood and ashes on
her hands.
The gain of Cuba would be governed
by a corporation, limited instea of
crown absolute, AMI there coul be
contract guaranteeing civil liberty to
the people on the United States mod
els There would be money for roads
and schools and sanitary measures and
there would be, as necessity of in
ternational administration such meas
ures of self government as would main
ures of self government as you'd main
tain order through a police force, with
American and Cuban volunteers to
deal with bfigandage. 4
The municipal problem should be
dealt with by the municipalities and
adjustments made for the administra- i
ton of justice and peace. With the
introduction of American energies and
the security and capital, made plain
bythevisi BILE presence of security.
Cuba would yield wealth beyond the
dream of avarice. iD
The revenue Of the days of reciproc-
ity with the United States in excess of
$50, 100000 and It would rise far beyond
that figure within few years of this
business management.
rArrGHr- GRANT 10 SWIM.