The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1899-05-02
OUT OF SPANS DEBT NOW
PHILIPPINE INDEMNITY MONEY
PAID TO M. CAMBON.
Little Formally About the Turning
Over of the Warrants for S2O,OOO,-
O0O-Last Act In War Drama.

Washington. May 1.-The last move
in the negotiations terminating the war
w41n SPAN occurred To-Day. wnen Sec
rotary Hay paid to the French ambas-
sador, NJ. Cambon, the $50, 200, 900 pro-
vided by the treaty of peace for the
cession of the Philippines. The pay
ment was made in four treasury war
rants of s., ZOO, GOO each, and was receipt
ed for by NJ. Cambon as completely
liquidating the obligation of the United
States in this connection.
The ambassador deposited the 500
100000 in the Riggs National bank OF
this city. and the cashing of the war
rants is expected to be made later
through the City National bank of New
York.
The Spanish government was notified
by cable of the payment, but nothing
will be done as to forwarding the funds
to Europe until Spain directs the exact
course to be pursued.
Shortly before IL o'clock NJ. Cambon
strolled over to the state department.
He was alone and no extra precaution
was taken to guard the transfer of such
large amount. Secretary Hay received
the ambassador in the diplomatic room,
where the transfer took place with lit
tie formality.
The ambassador handed Secretary
Hay a formal receipt, which had been
already prepared. The original receipt
was handed by Secretary Hay to Frank
A. Branagan, the disbursing officer of
the department of state, TO be filed
away. One copy was given to NJ. Cam
bon, another will be sent to United
States Minister Storer. Il third copy
goes to the United States ambassador
to Paris. Mr.. Porter. and a fourth copy
to the auditor of the treasury.
After receiving the 10000. 900 NJ. Cam
bon folded the four warrants and put
them in his card case. He and Secretary
Hay chatted over the speedy restoration
of diplomatic relations between the
United States and Spain, for this pay
ment marked the very last step of the
war negotiations. Mr.. Hay desired to
know when the Duke d ARGOS would ar
rive in Washington. NJ. Cambon said
he thought the Spanish minister would
come in about two weeks, still he was
not certain of this. and he said it had
been left largely to the dukes personal
convenience.
The form of receipt signed by the am
bassador was as follows:
Received from the secretary of state
of the United States the sum of 500
600, 600, in four drafts upon the assistant
treasurer of the United States at New
York, numbered 4.509, 4.510, Ash and
Asp. of date April 90, 1899, each draft
being for s5,000.000, the same being in
full payment of the obligation of the
government of the United States to the
government of Spain, as set forth in
section in the treaty of peace between
the United States and Spain signed at
Paris, France, on the 10th day of De-
cember, 1898, the notifications of which
were exchanged in the city of Wash
ington on the 18th day of April. 1899.
the payment being provided by the act
of congress approved March 2, 1899, en-
titled AN act making an appropriation
to carry out the obligation of the treaty
between the United States and Spain.
concluded Dec. 10, 1885,
(Signed) JULES CAMBON,
Department of State, May 1, 1899"