The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1898-07-14
TRYING 70 SECURE PEACE
FOREIGN DILONATs AT WASHING
TON INTERCHANGE VIEWS.
uate C1ba II the Tnited States
Will Assume the Cuban Debt
WHINE to Cede Island Of LusOu.

WASHINGTON, July 1S-The star
claims to be in position TO state authoEi-
tatively that an active exchange OF views
occurred on Monday and Tuesday between
the diplomats who are endeavoring TO ar
rive at a peace understanding between the
United States and Spain.
II also stated that the Spanish govern
nent is ready 20 agree to evacuate Cuba
II her soldiers are allowed to depart in a
manner acceptable to an army which has
not been defeated. and If the United
States is ready to assume the Cuban debt.
The greater difficulty is with the 1ues-
ton Of war indemnity, but q solution OF
from a syndicate Of American and English
bankers TO repay the United States its war
expenses in twenty annuities. taking in re-
turn the tobacco monopoly and the rail-
way concessions in Cuba and the Philip
pine islands.
1t is rumored that if Spain will surren-
der Santiago without further bloodshed
President Mckinley. in order to facilitate
peace, may abandon the attack on Porto
Rico.
II the pending peace negotiations Sue
coed. the queen regent will appoint Moret
cabinet to sign the articles of peace.
The Star adds that at the last moment it
learns that Spain has expressed its read
mess 10 cede to Germany the Vizcaya ISL
aads. Sarnar, Leyte. Mindoro and Paragua
provided Germany will guarantee to Spain
the possession Of Mindauao and the Caro-
lines. in which case Spain will aoandon
Luzon to the United States
NEW YORK. July la-The Fribune pub
fishes the following from its London corre-
spondent:
Madrid has taken the defeat of Ger
vera SO quietly that peace is now posss:-
bic without the risk of revolution. Sa-
gasta Is not willing 10 sacrifice his official
reputation by proposing peace under hard
conditions. He is bent upon having some
convenient substitute incur the unpopular
lily. When peace has been made. he will
return to office and die in harness
There Is great interest here IN the con-
oltions OF peace which the United States
proposes. and there will be general disap-
pointment If war indemnity based upon
the philippines be 50 managed that either
France or Germany can raise the money
ana OBTAIN possession of the islands. 1t
Is believed here that the Eur..,e IN f,lJce.s
viii not intervene in any way. unless
high indemnity be proposed. In that
event, the powers may make use of their
NiptoHiauc oHleeS Tor obtaining a reduc-
ton of the indemnity
Whether the indemnity he high or low.
Spain unaided will never pay il. but un-
less II be a substantial one some European
power Will pay and then the United States
Will be compelled to withdraw from the
philippines. precisely as Japan has retired
from the mainland Of China
England eagerly desires America to re-
main permanently in the Philippines
Spain Hasn't Enough Yet.
MADRID. July 1s.-The Correspondence
says:
There is an enormous difference be-
tween the concessions Spain is willing 10
make, and the demands of the Americans
Peace is impossible until a Spanish victory
mas lowered the pride of the Americans or
another disaster forces Spajn to make
concessions"
Senior Sagasta, the premier. declares that
the peace propositions attributed TO Pres
ident Mckinley are inadmissible