The evening herald. [volume] (Shenandoah, Pa.) 1891-1966, 1898-11-14
THE PEACE PROPOSALS.
An Alleged Plan to Syndicate
the Philippines,
NO ULTIMATUM YET PRESENTED.
Our Commissioners Have Not Been
Given Time Limit I'm which to Con
clude the NegotiatIons-Spain Cred
itors watching the Negotiations.

Given Time Limit In Wnlcn lOtOn-
clude the Negotiatlons-Spain Cred
itors watching the Negotiations.
Paris, Nov 14.-Among onlookers
here the impression exists-though it
is not the result Of any official state
ment-that the Spanish peace commits
sioners will not sign treaty which the
American commissioners could sign.
1t seems almost possible though,
that in the pitable pressure to which
the Spanish commissioners are subject
ed between their large creditors who
are on the spot watching them, and the
stern attitude of the United States,
the Spaniards may abandon their
struggles and leave the two forces to
confront each other.
The statement is printed here that
the last memorandum from the Amer
leans is regarded by the Spaniards as
a stern ultimate, but as a matter of
fact the Americans have not presented
an ultimatum, save as their treatment
Of the subjects in hand may be un-
answerable 1t is only since Wednes-
day last that the Spaniards have begun
to feel that the Americans purpose
thinking over the Philippines, and that
too, without any assumption Of Spanish
indebtedness. As they are now con-
vinced Of this, it may be that Spains
next presentment in conference will be
the supreme rally of her diplomatic,
argumentative and tactical forces. 1t
may even mark the conclusion of all
she has to say, but If the rules of pro-
cedure are followed the Americans
would still have another presentation
to submit
Ever since oct. ! it has been within
the range Of possibility that at any
meeting an open rupture might occur,
and on one or two occasions it might
have been easily fact, even before the
taking up of the Philippines question,
The boundaries of the field in which
that question is being worked out are
becoming more apparent and the angle
of final settlement cannot be far off.
If a treaty is to result here it may
fairly be expected within three weeks,
although it is not true, as reported
from the United States, that the Amer
leans have instructions embodying a
time limit for the conclusion of the
conference.
The acquisition of the Philippines for
20 years by an international syndicate
is a rumor based on facts of which The
Gaulos and other papers give details
This is the alleged scheme:
A syndicate representing $400, 900, 0OC
capital proposes to take over the com
mercial resources and advantages oi
the Philippines for a term of 25 years
paying to the dominant power thereir
S125, 900 for the privilege.
Under the alleged terms of this
scheme the dominant power would ad
minister the political and military gov.
ernment of the islands at its own eX.
pense, under the appOrtionment named
while the syndicate would collect all
customs and other revenues for the
term specified.
The scheme involves giving Spain
S175 100000 to satisfy any real or i'm
aginary claims she may make as to the
territory. This feature is said to be
based on the assumption that the Uni
ted States will be the dominant power.
The remaining 500, 900 900 of this re-
puted syndicate would be reserved as
its working capital.
The sponsor of the project is a Mr..
Young, said to be a son of Brigham
Young, and an attempt is apparently
made to create the impression that the
capital of $500 900, 900 is already under
written
1t is thought possible, however, II the
alleged syndicate has an existence, that
Americans may have an opportunity
given them to join with it in holdings
of large or small amounts Whether Il
prove vertable or otherwise friends Of
the United States here are asking if the
scheme is not intended to embarras!
the Americans by an offer, real or ap
parent, of $4OO, O,OO0, 900 for a limited tim'
for the use of what the Americans may
desire to acquire in perpetuity for &
sum relatively nil.
NOn-official Americans in Paris put
aside as unthinkable the assumption
that the United States would farm out
it's burdens or its advantages, if any
in the Philippines, which, if acquired
will be taken over as indemnity at
tending the discharge of high RESPONSE
bilities. In any event the American
commissioners will doubtless first ask
whether the announcement is timed tC
serve the ends of the syndicate or tC
hinder the efforts of Judge Day and hi:
associates to effect an amicable adjust.
ment of the Philippines question.