Shoshone journal. [volume] (Shoshone, Idaho) 1884-1931, 1897-12-10

them-another interest-bearing debt to
redeem Il misunderstanding debt.
If we are to have an era OF prosper
ity we may feel no embarrassment
from our present currency, but the
danger still exists and will be ever
present menacing us so long as the ex-
listing system continues.
| concur with the secretary of the
treasury that national banks be allow
ed to issue notes to the face value of
the bonds they have deposited and that
the tax on circulating notes secured by
such deposits be reduced to one-half of
l per cent. per annum. Also that the
authority be given for the establish
ment of national banks with mini
mum capital of So, 900 to enable all
regions to be supplied with currency
to meet their needs
/ recommend that the issue Of ma
tional bank notes be restricted to the
denominations of $40 and upward If
these suggestions | have made shall
have the approval of Congress then /
would recommend that national banks
be required to redeem their notes in
gold.
Spain and the Cuban Rebellion.
The most important problem with
! and honorable alike 10 Spain and the
Cuban people. These instructions re-
cited the character and duration of the
contest, the widespread losses it en-
tailed, the burdens and restraints it
imposes upon us, and it's constant dis
turbance of national interests and the |
injury resulting from an indefinite con-
tinuance of things. 1t was stated that |
at this juncture our government was
constrained to seriously inquire if the |
time was not ripe when Spain, of her |
own yolition, moved by her own inter- |
ests and every sentiment of humanity, |
should not put stop to this destructive
war and make proposals of settlement |
honorable TO herself and just to her Gu
ban colony.
1t was urged that as a neighboring
nation, with large interests in Cuba, we
could be required to wait only a reas-
enable time for the mother country to
establish its authority and restore
peace and order within the borders of
the island that we could not cOntem-
plate an indefinite period for the ac-
complishments of these results. No so
luton was proposed to which the slight
est idea of humiliation to Spain could
attach, and, indeed precise proposals
were withheld TO avoid making them to
ludl government. All lIdl was iSNCu
or expressed was that some safe way
might be speedily provided and perma- {
nent peace restored.
1t so Glanced that the consideration 1
offered was addressed to the same l
Spanish administration which had de-
clned the tenders of my predecessor, l
and which for more than two years l
had poured men and treasure into Cuba, I
in the fruitless effort to suppress the re- |
volt, fell to others. Between the depart {
ure of General WoOdford and his arri-
val in Spain, the statesman who had t
shaped the policy of his country, fell S
by the hand of an assassin, although
that Cabinet received from our envoy @
the proposals before it gave way with t
in few days to new administration t
under the leadership of Sagasta. r
SPANS Reply. I
The reply to our note was received +
October 23d. 1t is in the direction of Il
Il better understanding. 1t appreci- n
ates our friendly purposes. 1t admits S
that our country is deeply affected by II
the war, and that it's desires for peace Y
are lust. 1t declares that the present n
Spanish government is bound by ev- il
cry consideration to change its policy u
so as to satisfy the United States and o
pacify Cuba within reasonable time. O
To this end Spain has decided to put
into effect the political reforms hereto n
fore advocated by the present premier, Y
without hating for any consideration ii
in the path, which in its Judgment q
leads to peace The military opera
TONS 1t said would continue, but
would be humane, and conducted with
Ill regard to private rights, being ac- s.
by political action leading b
70 the autonomy of Cuba. while guard 81
ng Spanish sovereignty. S
In the absence of declaration of the @,
measures that this government pur- G,
POSES to take in carrying out its proffer d.
If its good Offices it suggests that u
Spain be left free TO conduct its mill IL
airy operations and grant political re- II
orms, while the United States, for it's n.
,art, shall enforce its neutral oblga- ii
ions and cut off the assistance which it ID
5 asserted the insurgents receive from w
his country. IL
The suppositon of an indefinite pro- IL
ongation of the war is denied. 1t is o,
asserted that the western provinces te
re already well nigh reclaimed, that to
he planting of cane and tobacco has SC
leen resumed. and that by force of tr
rms aud new and ample reforms m
cry early and complete pacification is sc
oped for. er
The immediate amelioration of ex- be
sting conditions under the new adj Ii,
of Cuban affairs is pre- ia
icted. and Herewith all the disturb W
noes. and all occasion for any change w
t attitude on the part of the United Sc
tates. DC
Discussion of the question of inter- co
ational duties and the responsible it;