The Independent. [volume] (Honolulu, H.I.) 1895-1905, 1900-11-30
tConiinued from Sd pages

kOOUtfHI6U JTOHt OU Vuyt')
is all quiet, tho most zealous ad.
berents OF the late President who
recently stirred up little excite
mont being new Gained down and
we'll in hand,
"By the Dominican Congress
last spring sn act, providing for the
reconstruction OF the bond deal,
was passed, which new arrangement
provided for The payment Of the un.
paid interest coupons by the issue
Of interest bearing scrip, certain
percentage of the revenues being
sat aside for the liquidation OF the
debt. This proposition was reject
ed 10y the Belgian bondhoidsr',
which made matters naturally en-
barrassing, but certainly not so
grave az to call for the iutercessi1n
OF any foreign Power.
The government is now provid-
ing for commission to 10 direct to
the foreign boud-holders and hold
conference, coming, il / oseiblr, to
some settlement, idsteaG OF Indirect
ly through the agents OF the admin
istration in this city. When this il
done sstisfactory arrangement
will probably be effected, and all
talk about aunexinR Ssnto Domingo
to the United States will cease, for
it is entirely ilimical TO Domini"al
national sentiment, a. represented
10 the com mon people,
is THE TINE FoR ANNEXATION RIPr2
At the offices of the San Domingo
improvement O. company, the trustees
OF he bond holders Of the island,
the matter OF annexation was not go
strongly repuIsed, although little
light was thrown upon the pr jact
from their standpoint. "Whilo an.
nexation might be very excellent
thing for both Santo Domingo and
the Uuited States" said an officer
Of the company, the. time is not
ripe for such solution TO the prob
lens Of the island. II there is such
movement there he continued,
sit is patent that not the great mass
OF Dcminican5 themselves are inter
Gated IN the enterprise, for they are
rncially antipathetical to the north.
ern character, but the scheme ems-
mates from the property holders
aud the foreigners there, who are
doing business on a large scale aud
who d-plore the inability OF the
islanders TO develop the marvellous
resources Of the country so long as
the financial problem is practically
unsolved.
The whole dit6culty began with
tho installation OF representative
Of the Belgian bond holders known
as the Antwerp Commission. This
psrson occupied position Of in
spector, ss it were, and continued
along for two or three years, draw.
ing $3.50 a month from the budget
and rendering anything but salts
factory services therefor. AS soon
as his presence was discovered to be
inimical to tho interests .of the ISL
and he was displaced, and, as
natural consequence, succeeded in
disaGecting sone OF the foreign
bond holders who we're his own
countrymen. When the San Do.
mingo Congress passed bill pro.
vidiug for the payment OF the inter-
est coupons with interest bearing
scrip the foreign Antwerp Commie-
sion objected and sent demands on
the government of the island which
could not be complied with, aud
which were directly against the in,
teresls of the English, French and
American bond, holders.
Our government Immediately sent
notice to tho Dominican government
that he latter must do nothing that
should initiate against the interests
OF Americans whose property was at