The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1898-11-18
PHILIPPINE RESOURCES
ARE PLEDGED FOR PAYMENT
OF PHILIPPINE DEBT.
THIS MATTER ADMITS OF NO DISCUSSION
Also Spain viii moi Reveal How she has Spent
Proceeds Of Loan Based on Philippine
Hedges. American's Next
Move IS Unknown.
Move IS Unknown.

Move is Unknown.
Paris. Noy. 1.-THE clerical force of
the American peace commissions was
busy nearly all last night in translating
the Spanish memorandum presented at
yesterdays joint session. While the
translators and typewriters were render
ing the Spanish argument into printed
English, counsel for the American com
mission studied il sheet by sheet, MAX
ing notes of records to be examined and
Of law points bearing on the matter in
hand. As result, when the Americans
gathered FOR their daily session to-day
the Spanish presentment lay before them
i'll English ready for consideration and
accompanied by data bearing upon it.
No official person knows the contents
of the document presented hy the Span
ish commissioners yesterday, but it is
safe to assume that added to her insist
ance on the reservation Of her Philip
pine sovereignty and her proposition to
arbitrate the construction Of the third
article OF the protocol. Spain has made
two other important statements:
First-Ehat on the high ground Of
discussion here of the validity of her ac-
tion in pledging the resources Of the
Philippines for the payment of the
Philippine debt
Second That in connection with the
American proposal To reimburse Spain
for her Pacific expenditures in the
Philippines. she cannot admit o. an in
quiry as ia how she has spent the pro-
eeeds Of the loan based on the Philip
pine pledges.
III Spain has assumed this attitude
and II Is believed she has done SO, she
practically compels the American COM
missioners 60 consider at least the entire
Philippine debt and its assumption by
the United States on the Philippine
Islands as a condition to Spain's AMIGA
hle surrender az her sovereignty over
those islands.
1t is difficult to understand how the
American can reply 60 this in any other
manner than by strictly ontlining their
position and giving the SpaniariS a
time limit in which TO accept the prop0-
StionS of sthe United States. But the
American commissioners may patiently
continue their endeayorS 10 arrive at an
amieahle understanding on the subject
AN ENCOURAGING OUTLOOK.
Washington. Nov. 1.-THE admiuiStra-
tion feels encouraged over the outlook
for successful termination Of the labors
Of the peace commissioners at Paris
Whether this renewed confidence Is
based upon an abstract of the spanish
reply which was submitted at yesterdays
meeting, or is founded upou private ad-
vices indicating a weakening of the
SNh IS Nsva4ss
is probable that both Of these have had
an influence IN Frightening the pros
pectS, The Spanish reply was nor
surprise to the American commissioners
who ia fact had prepared themselves in
advance, with Instructions received di-
reetly from the President aud Secretary
Hay, for complete answer Still Il was
probably regarded as better policy and
mere in accord with the amenities of
official exchange that the Americans
should do the Spanish commissioners
the courtesy of giving deliberate c0nsidy
Grafton 20 their carefully written argll-
ment.
The attempt OF the Spanish commits
sionerS ia induce the Americans TO ae.
cept their construction of the meaning
Of the protocol, where IL touches ON the
Philippines has been flat failure.
The President himself was Il party "a
the protocol. II was he. who. suspects
Ing purpose on the Spanish side tO
hecl0ud the issue and leave open door
fer future escape from thp consequence
of the war, had swept aside as SO much
chan the message OF the Spanish Duke.
Almodovar del Rio, and reducing the
demands of the United States CO what il
called a preciSiS, had declared that the
spanish Government might accept that
aS an exact statement &C the demands
of the United. States, Having made
the document the President believes
himself to be- the person to b, the hest
competent 20 eonStrue It's meaning aud
the American commissioners arr conse-
qHently acting In conformity with his
views.
lnasmueh as the Spanish are making
NEST strenuous efforts Go assert their
sovereignty over the Philippines, all
based upon the use OF the words ''aiS.
position instead Of possession" in that
part Of the protocol relating 60 the fN
tare Of the Philippines. Il may he stated
that the American commissioners have
heen obliged 60 cali attention te the fact
that MI, Camhon. who acted for the
spanish Government IN arranging the
nr0taena declared positively that the
change, which was made at bis instance,
amounted "a n0thng but was made
merely because it sounded better IN
Spanish ana would net he s0 humillat
(COntinuea on Second Pagel