The Cape Girardeau Democrat. (Cape Girardeau, Mo.) 1876-1909, 1899-05-06
sPAIN's TWENTY MILLIONS.
The Drafts Handed to n. C>"bou, ~
Spnin's Representative, n
Duly Receipted For.

Washington, May 2.-Tke last move
In the negotiations terminating the
war with Spain occurred yesterday,
when Secretary Hay paid to the French
provided by the treaty of peace for
the cession of the Philippines. The
payment was made in four treasury
warrants of IS. OOO.O 600 each, and was
receipted for by NJ. Cambon, as com
pletely ~liquidating the obligation OF
the United States in this connection.
Deposited for Safe Keeping.
The ambassador deposited the S2o,.
OGO.O o in the Riggs national bank OF
this city, and the cashing of the a
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 for
warding the funds to Europe until
Spain directs the exact course to be
pursued.
The Receipt Signed by II. Cambon.
The form of receipt signed by the
ambassador was as follows:
Received of the secretary of state Of
the United States the sum of S20,OOO,-
COO, in four drafts upon the assistant
treasurer of the United States at New
York, Number 45O9, 1910, 4511 and 4512,
of date of April 90, 1899, each draft be
ins for SIS, 000, 600, 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
article 3 of 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
we're exchanged in the city of Wash
ington on the 18th day of April, 1899,
tire payment being provided by the
act of congress, approved March I'd,
1899, entitled An act making an ap-
preparation to carry out the obligation
of the treaty between the United
States and Spain, concluded December
10th, 1898.
tSlgned JULES CAMBBON.
Department of State, May 1st, 1899.
Original and Souvenir Copies.
The original receipt was handed by
Secretary Hay to Mr.. Frank A. Bran.
agan, the disbursing officer of the de-
partment of state to be filed away.
One copy was given to NJ. Cambon, an
ether will be sent to United States
Minister Storer, a third copy goes to
the United States ambassador to Paris,
Mr.. Porter, and n fourth copy to the
auditor of the treasury.
Probable Arrival OF Duke D,Arcos.
After receiving the 100000, 600 Cam
Lon folded the four warrants and put
them in his card case. He and Sccre-
tary Hay chatted over the speedy re.
storation of diplomatic relations be-
tween the United States and Spain,
for this payment marked the very last
step of war negotiations. Mr.. Hay de-
sired to know when the Duke D'Arcos
would arrive in Washington. NJ. Cam
bon said he thought the Spanish min
ister would come in about two weeks,
still he was not certain, and he said
it had been left largely t the dukes
personal convenience.
Madrid Notified of the Payment.
\ cable notification was sent to
Madrid concerning the payment, and
preparations made for having the war
rants paid and the funds forwarded.
This, however, was not to be done yes
terday, and the four warrants remain
fcr the time being in Washington. The
money will be deposited in the City
national bank of New York.
How the Money Will be Secured.
New York, May at is expect
ed that the warrants for the SOC OO, 900
payment to Spain will reach the SUBJ
treasury to-day, and that exchange for
the entire $4,000, 900 will be purchased
by Spain's representative in the local
market. Dealers were of the opinion
yesterday afternoon hat exchange for
about three-quarters of the amount of
the indemnity had already been gath
eIed, and that the remainder would be
obtained without a further advance
in rates.