Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1902-05-22
C|)DA NEEDS MONEY
Serious Financial difficulties
Already Confront the New
Island Government.
Custom Receipts Are Verv Small
and the Republic Needs Are
Many.
Wealthy Classes Will Be Asked
to Assist in Replenishing
Treasury.

4
| Cuba faces financial crisis at its be-
| ginning. The treasury contains consld-
| erably less than a million dollars
Customs receipts have fallen off appre-
| Gladly in the last few weeks and heroic
measures must be adopted at once. II
/ is even limited that q temporary loan
from wealthy citizens may be solicited
| President Palma insists that the re-
public must live within its income, ever
| If salaries have to be further reduced
| Increased internal revenue taxes may
have to be imposed. This, it is feared
will have bad effect.
President Palma and his family
moved into the palace yesterday morn
| ing. AS his private office the president
uses the same quarters occupied by
General Wood. The presidents message
lis not yet finished, but 1t will be ready
for presentation to congress on trlday
| In it President Palma Will pay tribute
to the United States and express MS
sincere and undying gratitude for its
part in establishing Cuban independ-
ence and government. He Will urge
commercial relations with all foreign
countries, but the question of reci-
procity treaty with the United States
will probably be left until it is decided
what reduction is to be made on Cuban
products.
Altho the festivities of the Inaugural
ton continue, Havana is much quieter
Most of the American visitors left yes
terday. Several arches We're only COM
pleted Wednesday. Probably the most
artistic is one containing pictures OF
Marti, Cespedes and Agramonte, over
which is q huge star, brilliantly illu-
minated last night. Another has on II
q clock with hands pointing TO IL, the
hour the Cuban republic was born.
All business is at a standstiil. Colo
mel Haskins. commanding the American
artillery force left at Cabanas Fortress,
has ordered his men not to go over to
Havana in uniform. Even the officers
some of whom are here, appear in civil
ian clothes. This action is taken to
prevent any comment on the continued
presence of United States troops in the
capital, who are really only coast artil-
lery, which the Cuban government has
consented shall remain.
Manuel Ros, who was General
Palma's secretary during the junta
DAYS in New York, will be retained as
private secretary.
Last night half Of the residents of the
city were on the streets until late
hour, Watching the fireworks at Moro
Castle and admiring the illumination
40 nj oh nj q
threw a bomb into a crowd of people,
injuring eleven of them. Pieces OF iron
and nails were found in the wounds OF
those who were hit. The illumination
of the city was probably never sur
passed in an American city. The ia
cades of the hotels and lines of the
arches were picked out in electric
lights, japanese lanterns swung from
trees in the parks, colored lanterns of
some ancient design glowed above the
door of nearly every residence, and the
driveway leading to the ocean front
was rooted with myriad of multi-col-
ored globes.
The feature Of the fireworks display
from the forts across the bay We're an
immense Cuban flag, which rose IN the
heavens and iioated over the city, and
portraits of President Palma, General
Gomez, General Marti, and other Cuban
heroes.
Significant, of the acquiescence of the
wealthy Spaniards in the new govern
ment. was the fact that Cuban flag
was holsted over the Casino by the side
of the banner of Spain.
1t is universally recognized here that
the attitude OF the Spaniards, who have
heretofore been annexationists, because
Of their fear CT the Cubans, may be the
determining factor at no distant day.
They possess seventy per cent OF the
wealth of the island, and, If treated
fairly and given a proper share in the
government, as President Palma seems
disposed to do, 1t is believed they may
prove strong bullwark of the repub-
lie.
President Palma today laid the foun-
dation stone of an arch in commemor-
public, and he was also present at the
Inauguration of the new university, for
which the old Spanish military pyro-
technia building is used. The building
was prepared for this purpose by the
military government 1t was formerly
used for the manufacture of ammuni-
ton and cartridges. Senior Palma
planted a tree in the grounds. The
president also visited the Orphans
Home.
The fact that no salute was fired
when the cruiser Brooklyn, with Gen
eral Wood and his staff on board,
passed MORO Castle yesterday after
noon is explained by the fact that there
was no ammunition at the fort.
A popular banquet was given last
night at the Tacon theater
In the senate Senior Sanguilly at
tackled the president for appointing the
secretaries of state before the govern
ment had been handed over to him.
FAREWELL TO AMERICANS.