The daily morning Astorian. [volume] (Astoria, Oregon) 1883-1899, 1898-12-25
Alb CLASHES AcoUiB8cE
IN AMERICAN CONTROL
Presence Of American Soldiers ilaA a
Wholesome Effeot-Unoortaini In
RegAni 10 Money Standard.

NEW YORK. Dec 7l-Amarioan con.
troll In 10 close a. hand that Il Ia posi-.
bio 90 SEQ clearly tho work ahead. says
tho Havana correspondent of mo Trib-
una.
Maintaining order By means OF tho
troops In a preliminary condition - we'll
understood that Il does not call Tor OK
PLANTATION. All glasses IN Cuba know why
tho soldiers arp hote. and knowing. they
anqulosco. That knowledge IN Itself II
tho best guarantee ~ tranquility. Iuo.
latoi instances mAy arise which viii cad
for repression, but these Will not AFFECT
tho general good order There will bo
no drawback 90 tho measures of indus.
trial and cummurtal rccona,ructlon
which nao-saafily preccio tho political
government ot tho land an Il may br
determined in tho future
Tho commercial classes aro showing the
greatest adaplablllly b tho now condi.
tons Within fortnight after the tarin
h promulgated bunincss will hu moyinR
smoothly In To accustomed channels.
Tho only uncertainty " tho future II
tlAat which will come from tho shifting %
tho money standard
FL iaF a. preparation can be made for
a change of this Kind. tho business houses
of Havana have mado q. They do not
a. yel know positively that customs du.
tlcs arc 60 be- paid In the currency OF
tho United atatea. AMI lhey arc not c.r-
tain that tho imitation Will 10 squeezed
out of tho Spanish and French Eold coins.
but they anticipate a modification Of
some kind This In the ono cloud that
hangs over the business community
Tho sentiment againp, changing tho
proaon, ar,inciai relation % values ap-
potrs Co DO growing,
Tho merchants and bankers WHO aro
opposed To change advance some
strong arguments against modifying tho
present pysum, They take tho ground
tina since tho United States expects 60
oolleo, tho revenues In trust AMI TO cx-
pend them In Cuba a change II not de-
airiblc. ny tho imitation In tho gold
coins by which everything from an ounce
down 90 doubloon or French louis
resolves grrater valuo than i,s actual
worth. Cula haa kept on a gold basis.
Through all tho periods VI internal war
and industrial anarchy gold has stayed In
tho island and tho paper, known ~ "woy-
lcra script" did not make headway or
dalmuuh the currency That II one reason
tho merchants who oppoac change IN
tho present artificial values advance.
Thoy think that 10 gold has been kept IN
the channels of trade " will continue TO
How In the same channels without tho
necessity OF EquccElng out the Imitation.
Tho rcadiuslmcnt % financial values
In na influence on tho debtors and credit
orn of tho island h something tlH0 cannot
bc fully analysed.
The banking houses and firms which re-
oelvo deposits will all adhere TO their
agreement and repay their deposits on
tho baaia OF 81 FOR an ounce $3.50 for a
oenten. tLS for n doubloon and A.ai for
a louis because of tho uncertainty. many
OF them aro urging tho withdrawal OF de-
posslta while these values prevail, II In
u peculiar condition which causes thia
course TO be- taken, though only q tom
porary one,
Tho debts on tho island were contracted
on thia basis "A sugar planters and
everybody csa IL In debt the repayment
under new conditions promises TO be
difficult OF arrangement Firms In the
UniteS States which had occasion to
make advances or TO loan money during ,
tho period Of tho insurrcction usually
stipulated that repayment should DC In
American moacy Of lts equivalent, They
arc not certain what will be considered
tho equivalent.
Tho use OF silver In the dally transae-
tlons promises TO bo tho most troublesome
Of all tho questions that must be settled
by tho United states. The merchants
ana sugar planters who are opposed to
change In tho present system say the