Macon beacon. [volume] (Macon, Miss.) 1859-1995, 1898-10-22
ARGUES FOR RELEASE.
Spain Pleads for Escape FROM
Crushing Obligations.
Argument That Reputation Mut foio"
II spain Is Forced to shoulder AL
Debt and BE Deprived OF
Revenue Sources.

Paris, Oct. 16.-The position TAKEN
by the representatives OF the Maoriu
government to the Ilispano- American
peace commission, in respect to the ou-
ban debt, is regarded in well informed
circles as being menace to the con-
tinuation of the negotiations.
| have good reasons for believing that
the efforts of the Spanish commission
ers are directed more toward obtaining
relief from those obligations than the
retention of territory. They contend
that to compel Spain to shoulder this
enormous financial obligation, and at
the same time to take from her the only
means she has of paying it, is to seek
to ruin the country absolutely. WIN
out her colonies and with the crushing
weight of this debt resting upon her II
would be impossible, they argue, 1or
Spain to rid herself of her financial IN
cubus.
The Spanish newspapers have oeef'
working along this line for some time
past. one very influential journal even
going so far as to strongly advocate the
REIMBURSEMENT of Spains sovereignty
in the entire Philippine archipelago
provided the United States would as
sumo the war debt The argument
employed are not many and are al
based upon the inability OF Span U
paw. Practical reputation OF the obi
cations. it is maintained, is sure to 1oI
low if a treaty is signed which St'pt
lates that Spain must accept all flhal
cial responsibilities incurred by tn
instructions in the Antilles and tn
Pacific.
. On the other hand the reasons wh
~ the United States should accept
~ guarantee all or part of this DEBT al
d plentiful from the Spanish standpoln
II is pointed out that in losing her &C
= onies Spain would be deprived OF u
D. only source from which she could hol
Y. to raise the necessary money. IL u
is American commissioners insist up
II taking the islands they should be WI
u ing to take the financial obligations
III well, as from the Cuban revenues h
u. u, come the interest paid on the debt.
IS Another argument advanced is ina
st money indemnity is out OF reason
d. cause of Spain's desperate hnanciai e'
nd dtion. and that, as the United Sta
he what the future of the Philippines
even Cuba. is, it would be practica
ID, demanding a money indemnity to I'M
tn, that she should assume the debt,
!, According to what have heard
nn not believe the American commission
,.s have held out any hope to their nE
n ish confreres that the united ot'
arm will assume or even guarantee al
on norton of these obligations, Thls
to titude is reflected in the pessm>
ect utterances of the Spanish press, WI
his intimate that the Representatives
bly, the Washington government are
eA- willing to meet the proposals emana
from Madrid in conciliatory spirit,
naa rather insist upon and carry on II
tiations in strict accordance with
ade instructions they received from +
,ple dent Mckinley.
ing Relief from crushing financial
cations rather than retention OF I
the tory seems to be the first purpo'
roes the Madrid government, and 1t
Ill. This line, am informed, that the
Win ish commissioners will endeavor 10
the -" ,.',t ,I,o ia,;ons with their
the u"N' -,