Bryan morning eagle. [volume] (Bryan, Tex.) 1898-1909, 1898-12-13
A NEW ERA or
PROSPERITY IN CUBA.
FsrsisB Measy oeing ints That coaa-
try, which R.m,la,a oat whns
Spain Ruled.

New enterprises In CUBA are for
American capital. The opening Of in.
creased means OF communication b..
tween Havana and the Florida parts has
elinched this conclusion. Communica.
ton IL now established three times a
week with Tampa on the west coast and
twice n week with the Miamii ON the
east coast The business may not BE-
sufficient in volume for while 10 keep
two lines OF steamers employed. The
competition for what theirs i Of it would
be probably sharp But after time
there will be enough for both. The gulf
ports with the exception OF New Orleans,
are also awakening 20 their oppouuui.
ties anu an increased trade with the
southwest prom ses soon 20 be- developed.
These are only incidents IN the future
development % the island What is
significant Is the complete recognition
by the foreign capital invested m Cuba
Of the new conditions None Of this
capital will b. crowded out n has been
assured IN many quarters. Instead. u
will remain IN the assurance 81 future
stability gwen by the United states
Much English money Is invested In the
railways aud the tobacco plantations
and manufactures. Some Of IL was act.
ually pushed INFO Havana In order o.
siz- the opportunities that werc open
before the time was ripe for American
investments French and Germ inI
houses also reached out 90 insure the
trade that was ALREADY theirs Spanish
capital has done m1re than that IL I'LL
PROBABLE that the Barcelona houses will
carry out their plan % erecting jufc
mills In Cuba This is something they
never seriously cont, mDiated while
Spain ruled me island IL was enough
70 have a ortion Of their capital invest.
cd In the mercantile business without
the additional risk ~ the manufacture.
A common delu.ion that the retain ta. N
Of Havana and other ciuc. viii pres.
rap uly into American htrd- must o. T..
De- noted The Spanish merchants will
ho.u fhis trace 20 rubbomly thar %.
futurr is moe N.r.n CONS d.rug at pres.
cnt The only point oi runa0uanF r'
that they viii buy BOO Iarl q1nuutrs
from houses In tne United l..s
With the u.l knowledge then tntt.
Amer can capital is NOT EXPECTED O. u... /
loass existing European 20 il. the in. .
terust VIII hc 900 che new nrls whiau
viii no oneucI up Tor No. The EurnHaln|
trade rcrr sanptivcs have to.cnby /
clear iDH ~ wh.r' tho first develop. .
ment viii come Tney nave vivid or. /
mcmunnce ~ the Am rcin sfilfI
which wer beginning ~ crowd the h ,r.
bors Of Havana. MAauz,s and other
ports when fne Blaine rrcinrpriry treify
was Interrupted by t1r rxir -ncIss o, ntr.
tisan politics IN the United stales Now
thov know, independent ~ the political
significance, what &c will mean TO nave
the ports OF the Unitel States hrougnl
20 much nearer 90 Cuht by shortening
the time ami increasing the means d.
communication That wa. the ar-t r..
ilection today when the vessels came
into che harbor.
10 l. "a swift method OF reasoning by
wnien tho conclusion has been reached
that the future carrying trade 81 Cuha
almost In 10 entirety will be- under ths
American flag The dependency u tho
isiann ON the United States whatever
form u government is may take. settles
that point IN the minds OF the European
trade reports. They have also looked a
little further than some Of the Amer.
cans into the coastwse trade That IN
their view, Is hereafter soleya question
81 American ships Tho lew vessels un.
der the spanish flag which are now en-.
gagged In the coastiag traffic Will con.
time In IT, The difference will be- that
they will not be- privileged monopoly
without competition
The theory Of the Spanish authorities
was that a limited coast traffic at high
rates was better than unlimited business.
at low rates A passage from Havana
20 Santiago cost more than voyage
from Havana 20 New York. Freight
rates were ON the same ratio h. "back.
bone" railroad through the island was
not allowed 90 be built because IL would
interfere with the coastwiso vessel mo.
uopoly What ghould have been n