The Van Buren press., 1899-05-06
SPAIN'S TWENTY MIIr,ov,
The Drafts Handed TO VI. Can't.
g2ain's Representative. .'
Duly Heceipted For

Washington, May 2.-The la.,
In the negotiations terminatin,
war with Spain occurred yests,a
when Secretary Hay paid to the Fr.s
ambassador, NJ. Cambon, the s2OOOO =
provided by the treaty of peacs !,
the cession of the Philippines. NJ
payment was made in four ira.,
arrants o. 5000 400 each, and ~
-eceipted for by M. cr5.Ren IS
pletely fflidatips the obnga,r,,
the United States in this conpectiO,
Deposited for Safe Keeping
The ambassador deposited the sm
o60, 600 In the Riggs national banl !.
this city, and the cashing of the va,
rants is expected 10 be made ls,.
through the City national bank II
New York. The Spanish governm,u
WIS notified by cable of the paymp,,
but nothing will be done as to Il.
warding the funds to Europe wtl
Spain directs the exact course IN /.
pursued.
The Receipt Signed by NJ. Cambo,
The form of receipt signed by Il.
ambassador was as follows:
Received of the secretary of state y
the United States the sum of s2OnN
COO, in four drafts upon the assist,D
treasurer of the United States at Nsv
York, Number 4509, 4510, 4511 and ,ig
of date of April 20, 1899, each draft h.
int for s5.000,000, the same being i
full payment of the obligation Of I'M
government of the United States to m,
government of Spain as set forth n
article of the treaty of peace between
the United States and SpaiL s,aed Al
Paris, France, on the 10th day Of De
cember. 1898, the ratifications Of wbcl
were exchanged in the city of Wash
ington on the 18th day of April, 1891
tire payment being provided by III
act of congress, approved March q
1899, entitled An act making an an
preparation to carry out the obligatio
of the treaty between the Unite
States and Spain, concluded Decemb,
10th, 1898.
[SignedI JULES CAMBBOy
Department of State. May LIST, 1870
Original and Souvenir Copies
The original receipt was handed
Secretary Hay to Mr.. Frank A. Bra
agan, the disbursing officer of the
partment of state to be filed ava
One copy was given to NJ. Ganbon, a
other will be sent to United Stat
Minister Storer, third copy goes
the United States ambassador to Par
Mr.. Porter, and a fourth copy TO
auditor of the treasury.
Probable Arrival of Duke D'Arco
After receiving the S20,000,0OO Ca
bon folded the four warrants and !
them in his card case. He and Sec
tary Hay chatted over the speedy
storation of diplomatic relations
tween the United States and Spa
for this payment marked the very
step of war negotiations. Mr. Hay
sired to know when the Duke D'Ar
would arrive in Washington. M. q
bon said he thought the Spanish Il
lister would come In about two wee
still he was not certain, and he
it had been left largely to the dul
personal convenience.
Madrid Notified of the Payment
A cable notification was sent
Madrid concerning the payment,
preparations made for having the v
rants paid and the funds forwart
This, however, was not to be done
terday, and the four warrants rem
for the time being in Washington.
money will be deposited in the
( national bank of New York.
How the Money VIII be Secure
New York, May at is exp
, ed that the warrants for the $4,000
= payment to Spain will reach the $
: treasury to-day, and that exchange
, the entire $4,000, 900 will be purcha
, 10y Spain's representative in the Il
[ market. Dealers were of the opin
, yesterday afternoon that exchange
: about three-quarters of the amount
D the indemnity had already been g
l cred, and that the remainder would
4 obtained without a further adva
e in rates.