The Big Stone Gap post. [volume] (Big Stone Gap, Wise County, Va.) 1892-1928, 1898-11-17
ANOTHER BLUFF.
sagasta Says the Cories Alone Can
Consent to Abandon Territory.
spain Finds the Elections I'm the Halted
states Resulted m Nothing to Aid
Spanish Diplomacy Emperor
Williams Visit to Spain.

MADRID, Nov. 1.-the result of the
United States elections came as a sur.
prise and disappointment to Sagasta.
who had confidently expected that the
republicans would at least have lost
control iof the house Of representatives.
The Spanish cabinet is convinced that
the election upon which il had been
counting to obtain better terms at
Paris have resulted in nothing that
can aid Spanish diplomacy.
The intended visit of Emperor Will
liam, in honor of which Adm. Camara's
squadron is under orders to proceed to
Cartagena, now furnishes another
straw to clutch at. The queen regent,
whose health Is visibly impaired by
3he strain of the last eight months.
thinks the wisest course To be for the
cabinet to instruct the Spanish peace
commissioners frankly to concede the
American demand of the Philippines
and to work honestly and expeditious-
~ to frame a treaty.
Not so, however, Sagasta. who is
still sparring for time and hopes to
succeed in one more gigantic bluff. /
lie now says that the cabinet requires
the authorization of the cortes before
1T can consent TO abandon the Philin-
pines, and he is reported to have in
formed the Spanish commissioners that
they have no mandate to discuss such
eventualities.
The marked sympathy for Spain ex-
pressed almost unanimously by the GER
man newspapers, coupled with the pur-
chase at Berlin and Frankfort of Span
sh exterior and Cuban bonds. the Ger
nan holdings of which have been
luadrupled during the last three
months, give an exaggerated
ignifcance to the intended Wis
of the German emperor {
nd empress. 1t is not yet known ,
what the emperor's plans may be on {
us arrival at Cartagena on November
., but as sooE as the Hohenzollern
caches that naval station the imperial
air will be invited by an autograph
etter from the queen regent to visit ,
Iadrid.
Lord Salisbury's reference to the J!
merican republic as a factor in Asiatic /
nd possibly European diplomacy
'hich might not conduce to the inter- p
'ts Of peace, is widely commented up
4 here as strengthening the prevail
g impression that Germans wish TO h
tervene in the Philippines. All but :.
lie extreme Weylerites dread the 4,
nsequences of resumption OF hos Y,
lities by the United States, which n,
ey are aware would probably involve T.
e loss of the Canaries, and this in h,
lite OF the present German lining to IL
e cloud, remains the irresistible mo-
re that must eventually determine
e cabinet to reconsider the instruc-
IN that it is now believed TO have tu
Mt to the Spanish peace commissions 70
; pr
The ministry of finance has in hand er
project for the conversion Of the wl
anish exterior bonds and the funded IS
BITS of Cuba and the Philippines, the no
"A being to maintain the treasury tic
arantees of Philippine bonds and
ban bonds of the six and five per =
It, denominations, but TO reduce the ]
etest to S1s and per cent, respec- car
ely. This partially accounts for the six
nness Of Cuban bonds in Paris and Of
lin, where speculation in them is Gai
Usually active. vot
lADRID, Nov. II. - Ell impartial VIII
S the government has forwarded Tn
.ructions to Senor Montero Rios, me
sident of the Spanish peace commis- lica
at Paris, and that Mondays con-
nee may be the last but one, "un- !"
the American commissioners mod q
&C their claim" pun
ccording TO FL impartial. n MEM ("
of the cabinet has virtually de- .iio
ed as such. i0i'