The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1898-12-09

days or SPANS sovereignty in cuba.
One of the most delicate and most diff
ficult of solution is the question of
return bonds given by civil officials and
employees, upon ceasing to hold office.
Many of these are cash bonds, fur
nished years ago, the refunding of
which now becomes imperative. All
such moneys having been appropriated
and spent, the government is unable
to meet these obligations or to fulfill
the guarantees.
The settlement of the arrears of
Spain due the modified and all the ir-
regular troops, offered a brilliant OPP
portunity for mastery financiering on
the part Of the military authorities.
With money in hand for full settlement
of all pay due the troops, the quarter
master general devised an ingenious
plan. Paying the men off in notes pay
able in Madrid, he offered, through
trusted agents, to discount such notes
at 20 or so per cent for cash. As prac-
tically every one Of the Irregular and
modified troops will remain on the is
land, the men eagerly embraced this
opportunity to have their notes Cashed,
and a handsome profit, therefore, ac-
crued to the astute originator of the
scheme.
The first mortgages held by the Span
ish bank on municipal property here
amount to S6,G00000. Propositions for
the acquisition of these mortgages have
been made by London, New York and
Berlin bankers Although the mort
gagged property presents a most solid
investment, the Spanish bank appears
ready to transfer the title to the foreign
corporations, through a lack of conf
dence in the stability of the future gov
eminent.
WADE FOR GOVERNOR
Major General James r. Wade. presi-
dent of the United States evacuation
commission, has received certain in
structions from President Mckinley,
which seem to indicate that he will be
! appointed military governor of western
Cuba. A formal announcement is daily
expected from Washington, though it
may be delayed until the time comes
for the change of flags.
General Greene will be governor of
the city of Havana He has already
some of the streets cleaned and is de-
vising measures for the sanitation and
policing of the city.
Senior Fernando de Castro, the Span
iSh civil governor, is accepting General
Greene's suggestions and aiding in the
preliminary measures to be adopted.
The preparation for a change of flags
- tluS DelnS Drought ABOUT by degrees,
and the transition will not be abrupt.
Already the evacuation of the province
of Havana is complete, except for the
| troops stationed in the city OF these
there are $4,000. General Castellanos
does not fix a date for their withdrawal
earlier than Jan. l. but they will prob
ably retire to Cienfuegos before Christ
mas. The behavior of General Castel-
! lanos so far as the Americans are con
cerned, is most agreeable. He paid an
official visit to the United States evac-
uation commissioners today.
! Admiral SIMPSONS departure waits
upon the arrival of General Butler
from the United States next week, as
it is thought best to have two commits
sioners here. Secretary Long has in
structed Admiral Sampson to leave
! whenever it suits his convenience.
/ General Castellanos received a cable
! order yesterday to draw on Paris for
S1,5000 900 with which to pay his troops
Today being the feast of the immac-
/ ulate conception, the American wal
/ vessels in the harbor dressed ship, dis
/ playing Spanish flags.