The Monte Vista journal., 1898-11-19
SPAIN WILL NOT ACCEPT.
AsArtd Oevesrasss 1sSessss Psssssso st
the CSOsstssasoess

the Ce0nsssssaess.
Paris. Nov. 15.-Thc Spaniards de-
clare that their refusal to sign n
treaty based on nny Philippine terms
fhns far suggested by the United
Stntes IL irrcvosnbl..
They ray that they do not and can.
not View the taking Of the Philippines
ms anything else than wnnton ravIsh-
ment OF their possessions. unless 1t l.
accompanied by u financial consIdcra.
tion Of appreciablc size.
Therefore. the turn Of events In the
peace conference depends upon the
purpose or willingness of the Amcri-
can commissioners To cxteinl their
financial terms.
Spanish sovereignty In the Philip.
pines Is now clung to hy the span.
iafds chiefly as u means to obtain inan.
cinl relief II possible. II is almost n
pure matter of money now. II III.
amount bc large enough To nbsolvc the
spanish government from possible
charges 10y their creditors that the col.
lateral has been given AWAY. Persons
near io Spaln's heaviest creditors ts..
IieS" that should the Americans as.
sum" the Philippine debt or pay Spain
Its face amount In cash the Spa I,lnrds =
would Sign.
Thls View Is new In III. quarters
where II now prevails. because tim.
has been required far the SpanIar,is To
hTom" convinced that III. American
commissioners do little. II amy. dIplo.
matte jockeying. and ihnt their iinnl
nttiiud. may is found identical with
their first.
1f they have not already done 10, IN.
spanish commissioners will ultimately
advise ib" Americans that they must
not permit amy controversy ns 10 the
binding character ~ the mortgage
resting upon the revenues of the phil.
ippincs To pay the so.cniicd Philippine.
debt.
Tenacious adherence To this clnim
would set M ON the Spanish side mn
ul'imntum under which no treaty
would liz signed which did no, stipu.
Int" tia, III. Philippine revenues should
pay the Philippine debt.
In such event the Americans would
probably claim thnt the Philippine
debt of <towsl,O1O amounts io gu, ,sO,.
Ub Ia gold. of which about sii,Dn..
no has been employed In fighting the
United STATES. leaving less than EiO.-
90 chnre"able In gold TO the Phliip.
pines.
Indeed. III. United States would
doubtless contend that even the r..
duccd amount was ustsi In fighting the
Fiiipinos md object 10 the Spanish
conclusion That II IL n fair charge
against the Americans.
Trouble viii nris~. however, ls.for~
that stage II reached. na the Spanish
commissioners will undoubtedly In.
form the Americans TINT the latter
hive mo right 10 ~xsct n schedule oe
kpain's expenditures or amy ~xplsna.
tiOn regarding the destination Of the
nsou~y secured on tl,enr loans.
\ Hpaulard who h Informed ~ 10 the
exact status of affairs Informed ih~
correspondent of thc Associated prr~s
this evening that he dkl not l~ii~vs thu
Spanish cotnmissIoners would take
tlIrir nnnl stand at Tomorrow srs.
sion. although h~ thought II iouulhj~
that they might nnnlly deriinr 10 con.
tlhtr the discusalon excerpt within the
limits of Npaip'n cons,rucsion Of the
protocol.
This In another way NJ saying Rpsin
tnsy rease her conisntions. Nhould si,e
DO 70 sl~ would make an ot,en protest
to thr world asainst "spoliation."
During the presrut week President
Faurs will receive frum thr Bpaniata
government the Order Of the Oesdsn