The herald., 1897-11-13
Is Not Forthcoming to Pay
for Ships
MONEY SUPPLIES CUT SHORT
By THE PRUDENT BANKERS OF
ENGLAND
It Is Now Doubted Whether Spain
Can Pay for Vessels Of
Any Kind
.ssoc.ated Press specia. Wire.

LONDON, Nov. 12.-Striking evidence
Of Spain's financial straits is furnished
in the dispatch from the Madrid cores
pondent Of the Daily Mail cabled to the
Associated Press last night, saying the
Spanish government finds it impossible
to raise the sum of $4,000, 900 ($15, ,0O0, ,OOO)
by loan or taxation to carry out it's orig
inal naval plans, and has decided to build
two cruisers Of 1000 tons each. The dis
new cruisers of 1000 tons each. The dis
patch added that it is intended to sum-
mon the Cortes as soon as possible, to
vote credits for the building Of more
men-of-war and the placing of more
powerful guns on board the existing ves-
sells. 1t Is now pointed out that the cruis-
ers mentioned by the Daily Mail cores
pondent were to have been battleships,
for whose construction the government
of Spain negotiated with the Arm
strongs some months ago. The contracts
were eventually signed and the keels of
the new battleships were laid, but the
Armstrong; refused to proceed without
assurances of payment. Now it is doubt
the small and comparatively Intellectual
cruisers which are intended to replace
the projected battleships.
In connection with Spain's hunt for
warships, American diplomats have
learned that Spain recently endeavored
to make an arrangement with Japan
whereby in the event of war with the
United States, the thirty or so war ships
now building in various shipyards for
Japan would be transferred to Spain,
and 1t is supposed that upon the failure
of these negotiations the Spanish gov
ernment entered upon deal with Chile
for the transfer to the Spanish flag of
several vessels about completed for the
Chilean republic.
The diplomats referred to express the
opinion that from the standpoint of in
ternational law the completion of such a
deal might be regarded as an unfriendly
act toward the United tSates.
Besides the Rothschilds, other promi-
nent financiers of London and Paris
have entirely cut of the monetary sup
plies which Spain has hitherto succeeded
in obtaining.
TREE IS CONVINCED
CHICAGO, Nov. 12.-The Tribune says:
Ex-Judge Lambert Tree has returned
from Europe thoroughly convinced of
the justness of sCuba's cause and OF the
moral obligation resting upon the United
States to recognize its independence.
His travels have given him an oppor-
tunity of looking upon the matter from
the standpoint Of an observer belong
ing to country that can have no pos
sible interest in the subject except one Of
right and humanity. He is convinced
that the island can never be subdued
by Spain and that there is no possibility
of a war against the United States in
Spain's present financial condition.
OBSTREPEROUS wEYLER
: NEW YORK. Nov. PA dispatch to
the Herald from Madrid says:
Surprise was caused here by the no.
tices received regarding General Wey-
ler's conduct at Gibara, Cuba. where the
steamer had to put in for repairs.
It seems that he landed and q mani
festation was held in his honor, which
was said to have been got up on board.
The road was patrolled by troops and the
same honors were paid to Weyler as
though he were still Captain General.
He visited the club and the same infiam-
matory speeches passed as at Havana.
COMPETITOR PRISONERS
HAVANA. Nov. 12.-Dispatches from
Madrid confirm the reports that the
prisoners captured on board the Amer
lean schooner Competitor in April, 1896,
will be included in the general amnes-
ty decree soon to be issued.
The second trial by court-martial of
the Competitors crew was to have be-
gun on Monday last, but was postponed
on account of the sickness of the Pres
ident of the court.
The Spanish cavalry came upon the
insurgents under Gen. Alexandra Rod
riguez on the Ridalga farm, province Of
Havana, and in the conflict killed twenty
insurgents, capturing a quantity of
arms, together with the accoutrements
of Gen. Rodriguez, quantity of bag
gage and letters.
CARL1sT ACTIVITY
BARCELONA, Nov. 12.-The police
have seized 300 rifles intended for the
Carlists. These were found on board the
ship st. PHILIPPE, which took shelter here
under stress Of weather. The vessel came
here from Aantwerp and it was intended
to unload her on the coast of Valencia.
BLANCO'S REPORT
WASHINGTON. Nov. 12.-The Span
ish minister today received the follow
Ing cable message from Captain General
Blanco:
A protective committee for reconcer-
tradoes has been formed with great sue
cess by Gen. Bernal in Pinar del Rio.
The committee is aided by general CO.
operation, but especially by the tobacco
planters, who agree to contribute 81 for
every bale of tobacco harvested. This
represents help to the amount OF from
eighty to one hundred thousand dollars.
The greatest interest is displayed in the
formation of like committees all over
the island. the immediate efficacy Of
which 1t is hoped will prove the best pos
sible remedy for the suffering Of the re-
concentrates under the present cir
cumstances.
FREEDOM ONLY
LONDON, Nov. IA dispatch to the
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