The Black Hills union. [volume] (Rapid City, Pennington County, Dakota [S.D.]) 1889-1904, 1898-11-18
PURE MATTER OF M0N[ ]
Turn of Events Depends on
Financial Consideration.
RELINQUIsH ISLANDS FOB OAsI.

spanish Sovereignty in the Phi,tpptnes II
Now Chung to Chiefly AS Means to Oh
tain Relief From Creditors
Final stand Will Not Be Made by Span.
iards Today.
PARIS. Nov. 16.-The Spaniards do
clare that their refusal to sign treaty,
based on any Philippine terms thus t.r
suggested by the United States, is ire
vokable. They say they do not ana
cannot view the taking of the Philip
pines as anything else than a wantan
ravishment of their possessions, unless
it is accompanied with a financial coRr
sideration OF appreciable size.
Therefore, the turn of events in thB
peace conference depends on the pur~
pose or the willingness OF the Americas
commissioner, to extend their financial
terms.
Spanish sovereignty in the Philippines
is now clung to by the Spaniards chiefly
as means to obtain financial relief Il
possible.
Pure Matter of Money.
1t is almost pure matter OF money
now, if the matter be large enough to
absolve the Spanish government froIn
possible charges by their creditors that
the collateral has been given away.
Persons near to Spain's heaviest cred
itors, believe that should the Americans
assume the Philippine debt or pay Spain
its face amount in cash, the Spaniards
would sign. This view is new in the
quarters where it now prevails, because
time has been required for the Spaniarda
to become convinced that the American
commission will do little, if any. dipko-
matte jockeying and their final attitude
may be colncident with their first. Tho
Spanish commissioners will ultimately
advise the Americans that they must
not permit any controversy as to the
binding character of the mortgage rest
ing on the revenues of the Philippines
to pay the socalled Cuban debt. Tena-
cious adherence to this claim would set
upon the Spanish side an nltimatum
under which no treaty would be signed
which did not state that the Philippines
revenues pay the Philippine debt.
Trouble will arise, however, before
that stage is reached, as the Spanish
commissioners will undoubtedly inform
the Americans that the latter have no
right to exact schedule Of Spaia's ex-
penditures or any explanation regarding
the destination of the money secured on
these loans.
A Spaniard, who is posted % to ths
exact stat of affairs. informed the cnr-
respondent of the Associated press lasf
evening that he did not believe th&
Spanish commissioners would taks
their final stand at today's session, II
though he thought it possible that tn =
might finally decline to continue tha
conference without the limits Of tbs
protocol. This is another way Of say
ing that Spain may cease her conten.
tlons. Should she do 60 she woult
make an open protest to the world
against "spoiiation.''
Have Decided to Stand Firm.
MADRID, Nov. l8.-According to semi
official statements here the Spanish
peace commissioners will maintail
their present attitude in regard to tn.
Philippine islands and will certainly
not accept the conditions of the Unitei
States. Further, if the discussion does
net return to the limits of the protocol
as viewed by the Spaniards, the Spanish
commissioners have decided in spite O
contrary reports, not to sign q treaty
of peace.
1t is also learned from the sam
sources tlat complete accord prevail
between the Spanish government ALI
its 4eace commissioners.
@o-To-Hac ,,r Fifty Genre.