Missouri Valley times. [volume] (Missouri Valley, Iowa) 1874-1931, 1899-02-02
|suBAkS!'0e D!|1|ERs TO
8. BE- PAID 100000
Commissioner Porter Said to Be En-
powered to Disburse That Sum
to Gomez's Troops.
WILL VISIT Him At REMEDIES
Cuban Commanders May Not Accept
the NONCOMPLIANCE Espanol Being
1nvestigatcd--Strang Digs
appearance Of Silver.

I1aNana; Fen, I.--l'feSldent Mckin-
ley is understood to have empowered
Robert Z. Porter to arrange for the
disbursement of S3,O0O,O00 among the
Cuban soldiers. Mr. Porter will prob
ably go with Senior Gonzales de Que
sada To Remedies to meet General
Gomez to persuade THE Cuban COM
mander in chief to dsbAnd his forces
and to lend his influence to the United
States military administration.
Mr.. Porter and Senu. Qucsada con-
ferred last night witl the governor
general.
DIR. Castillo, who has returned from
Remedies, after a two days visit with
General Gomez, says the latter is much
hurt by what he regards as American
neglect of his authority and rights and
is determined not to advise his soldiers
to go home penniless. Gomez proposes
coming into the neighborhood soon
and will review the Cuban troops at
Nlarianao.
There is some doubt whether he and
the other military chiefs will accept
the S3,000,O00. no matter what other fa
yora)c conditions may be Offered. Mr..
Porter, who. il is understood. will act
as the personal representative of Pres
idcnt Mckinley i'll the negotiations,
has been directed to learn the best
terms that can be made and is en-
! powered to propose what it is hoped
will be satisfactory terms.
Much is expected of the assistance he
will receive, when approaching Gen
eral Gomez, from Senior Jose Gomez
and Senior de Quesada.
|
Senior Galbis, president of the Banco
llspanol, was notified yesterday by the
| special commission now investigating
the finances of the municipality that
he must appear before the commission
today at . O'clock to answer interroga-
tories or must take the consequences
of contempt, the penalty for rccalci-
trancy, in the mind of the commissions
ers, being imprisonment until he is
willing to testify.
Major General Ludlow. governor of
the department of Havana, has invest
ed the commission with the powers of
Il court and will sustain it's action in
Furnishing refusal TO testify.
The Banco Espunol is so intimately
connected with the finances of ua-
vana, as a creditor to the amount of
S7.5O0OOO, that the commission deems
it necessary to get Il complete account
ing from the bank as to past transac-
tions and statement of what it is do
ing now with the city's market dues.
The commission requested Senior Gal
bis to present himself for examination
last Friday and again Saturday, but he
sent word that he was indisposed. lie
was then asked to come before the
commission at 8 o'clock yesterday
morning. but he sent a message that
he was physically unable to comply, in
consequence of the exhaustion due to
his bank labors. This reply was re
gardcd as unsatisfactory and the per
enlptoly notice for today was served
upon him. If he now refuses the only
thing that can prevent an arrests
Il member of the commission says-wil
be medical certificate.
Should this be produced the ply
sieans who act for the commission will
he sent To make am examination o.
Senior Galbis. @f course, if he obsti
nately refuses TO testify he will b'
dealt with for contempt and made az
example. :.
The commission expects 10 have cas-,
work so far as the other officials, dircc
tors and employees are concerned. All
will be called upon to make full OK
plantations. c. w. lfaskins, the eN
pert accountant, and his assistant
will explore all the books of the banl
accessible. Information has reached
the commission that some of the book
have strangely disappeared.
The commission considers it Il publ
| TO IN 10 nj
| of the first mortgage $7,000,000 6 pc
cent fifty year bonds taken by IN
bank at 30, i'm 1890, and since REDUCED
by the sinking fund to s6,721,o Th
questions are, who got the proceeds
the bonds in their entirety are or ough
70 be chargcablc to the city? Late
the commission will go into the $500
600 Bank of Commerce loan and ais
into the floating debts, amounting t
S2.5O0,O0O.
This inquiry will either establish Q
negative the various statements OF col
niyance and corruption on the part G
the Spanish government, which depo:
tied with the Banco Espanola in silve
an amount equal to one-third of tn
S2O,O00,0OO note issue guaranteed b
the bank. 1T is not clear where the 81
yer is The officials of the bank assel
that Spain withdrew it, but some not
holders say the silver is still held. b
the bank or contend that, if the ban
allowed Withdrawal, it is still respol
sible for the redemption of the notes.
AS the question is one of keen intel
est TO the business community tn
commission proposes to probe it care
fully. The Banco Espanol is capita
lied at ssooo,ooo. The amount of d.
posits is not known to the commission
but it is supposed to be at least $1,000
} 900. The directors are wealthy. Oh