The San Francisco call., 1898-11-14
FIRMNESs OF THE AMERICANS
DETERMINED TO RETAIN THE
 PHILIPPINES.
Their Last Memorandum Regarded as a Virtual Ultimatum-Cred- itors Watching the Ne
 gotiations.
Special Dispatch to The Call.

PARIS, Nov 13.-Among onlookers here the impression exists-though it is not the result of any official statement that the Spanish Peace Commission CTS will not consent to a treaty which 1 the American Commissioners could sign. It seems almost possible, also, | that in the pitiable pressure to which the Spanish Commissioners are sub 1 jected between their large creditors, l who are on the spot watching them, and the stern attitude of the United ! States, the Spaniards may abandon their struggles and leave the two forces to confront each other.
 It will not be decided until tomorrow morning whether the next joint session is to occur tomorrow or on Tuesday. The Spaniards, it has been arranged will inform the Americans tomorrow morning whether they need the day to prepare their next memorandum. If they want Monday the meeting will take place on Tuesday. Under the rules of procedure adopted at the con ference, it is understood that the de- Alterations may not be unexpectedly concluded by either side.
 The statement is printed here this 
 from the Americans is regarded by the Spaniards as a virtual ultimatum, but as a matter of fact the Americans have not presented an ultimatum, save as their treatment of the subject in hand may be unswervable. It is only since Wednesday last that the Spaniards have begun to feel that the Americans purpose taking over the Philippines xrvi+H a of Spanish indebtedness. As they are now convinced of this, it may be that Spain's next presentment in the con- ference will be the supreme rally of her diplomats argumentative and tactical forces It may even mark the con- clusion of all she has to say, but if the rules of procedure are followed the Americans would still have another presentation to submit.
 Ever since October 1 1t has been within the range of possibility that at any meeting an open rupture might oc- cur and on one or two occasions 1t might have been easily a fact even be- fore the taking up Of the Philippine question. The boundaries of the field in which that question is being worked out are becoming more apparent and the angle of final settlement cannot be far off If a treaty is to result here it may IalTly De SApeCISu "itAAlA ILi CO weeks. although it is not true-as re- ported from the United States to-day that the Americans have instructions enbodying a time limit for the conclu- sion of the conference.
 Judge Day has completely recovered.
 The Gaulois this morning says: "The acquisition of the Philippines for twenty-five years by an international syndicate, from which every power may eventually acquire them, is a rumor based on facts of which the Gaulois will tomorrow (Monday) give dtails'
 Following this lead, the Gaulois and other papers will tomorrow announce the scheme somewhat on these lines:
 A syndicate representing S400, 100000 capital proposes to take over the com mercial resources and advantages of the Philippines for a term Of twenty. went y. power therein SIPS, ,000, 900 for the privi- lege.
 Under the alleged terms of this scheme, the dominant power would ad- minister the political and military goV- ernment of the islands at its own ex-