The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1898-10-21
WELCOMES THE CHANGE
Bank Will Rejoice When Spain
Relinquishes Sovereignty.
MULCTED OF MILLIONS
Spanish Authorities Ignore the Demands
OF American Evacuation Commits
sion-B lance Sells Trophies II
War at Auction.

the f1erdiu from daVana says.
One institution which above all 9TH
ers will welcome the REIMBURSEMENT Of
Spanish sovereignty over Cuba 10 the
Banca Espanol. Because of its semi
oficial connection with the government
the anc Espanoi has been mucted of
millions OF dollars No longer g than
last Thursday the government called
for $500. 900 in gold. The bank protest.
ed and did not give the cash until 1t
received a notice that force would be
used IL necessary. Another $780, 900 was
advanced to-day. but in this case the
city revenues were pledged as ecur-
ity.
All arrangements have been made for
reorganisation as soon as the American
flag floats over the city. Shares q
already been subscribed to the amount
Of $s.ooo.00 o and $1,000 900 more
win probably be issued. making
on the old basis. While ON
cial relations with Madrid will be sew
cred absolutely the bank will represent
principally all the Spanish interests.
public and individual. remaining in the
Island. 1t Is believed Cuban silver coin
will soon circulate at a ratio with gold
Of 2 to 1.
Cuban scrip. which was issued to the
amount of $50. 000. 900, Is now practically
worthless. and this represents the only
proht which the Banca Espanol de-
rives from it's connection with the gov
eminent. When this scrip was issued
silver to the amount of IS. 900. 900 was
deposited as a guarantee und Later
$1,000, 900 OF the paper was withdrawn
from circulation n the silver guar
antee taken up by Spain. This left $13,-
000. 1000 OF paper absolutely without in
trinsic value. which was for a time fore
ed upon the people. As soon as Spain
withdraws the Banca Espanol will is
sue a limited amount of paper with an
equal mount Of gold on deposit as a
guarantee.
Through no weakness or mistake Of
its own the American commission oc-
cupies a position humiliating in the ex-
IRENE. 1t has made several demands
upon the Spanish authorities only 10
have them ignored and see affairs
shape themselves as they would were
Spain debating terms Of peace instead
of accepting them.
To this matter emphasis was given
on Monday when in the face of repeat
ed protests made from General Wade
and his associates. General Blanco pro-
ceeded with an auction sale OF wha
should be considered trophies Of war
brass and bronze cannon. Captain
Brooks also learned hat the military
machine shop was being partially dis
mantled, the costliest shafting and the
latest pattern of lathes were being
packed for shipment to Spain.
Another matter hat has been annoy
ing to the commission is the calm man.
ner in which the protest against the
dismounting Of guns taken from the AL
fonso XIII. was ignored. General Wade
announced to General Blanco tha
though the guns originally belonged to
the cruiser Alfonso Kill, having once
been used In the defense OF Havana,
they became part OF these d~efenses and
must accordingly be turned owe to the
United States.
The Spanish commission communi-
Gated with Madrid and received a reply
that this was a matter for discussion
by the Paris commission appointed to
rrang the evacuation of Cuba. Since
then the work Of replacing the cannon
on the Alfonso XIII. has proceeded
without interruption. though frequent
protests have been made by General
Wade. Admiral Sampson and General
Butler. One Of the commissioners said:
Unless We have authority and pow
er to back up our demand. we are no
more use In Havana than three school
bosS Nouiu NC. we tell the SpdnldfuS
what should be lone and they proceed
as they please. When we first arrived
in Havana, We announced that the ISL
and must be evacuated by December.
The Spaniards replied that they would
have TO be allowed until April to get
out. Neither side has yet receded,
though last week II did appear that an
agreement might be reached. They will
hold on to the customs receipts as long
as possible. When they lose them they
will move.
IF ] had my "a I would bring down
warships and take possession OF the
customs house and other branches of
h government. The sooner the Span
ish soldiers leave here the sooner Cuba
will be nd of the yellow fever epidemic.
In the wooden barracks In Redla over
400 soldiers died last week. There ex-
list there all sorts of fever.
W. have registered at the commits
sion the names Of many Spanish lieu
tenants and of four captains who wish
to remain IN Cuba. working with the
American police"