The times. [volume] (Richmond, Va.) 1890-1903, 1902-07-13

bonds, Minister Quesada said to-day no
was confident that If any hitch had oc-
Cured in the proceedings is was but
| temporary. He does not believe the
| President will encounter any great dlf-
| ticulty in effecGng the loan
Speaking of the internal, condition Of
| Cuba. the Minister said with pride to-
day the order prevailing in his country
| since her release from the Spanish yoke
| four years ago had been better than
that seen in the United States at q, cor
responding period in her history His
face clouded up. however, as he added:
There is, ] regret to say. great dis
tress among my people, which can only
be relieved by reciprocity arrange
ment between your Government and
mine that will be of mutual advantage.
The customs receipts have continued as
good as they We're under American oc-
cupation, and no sign of decrease is
evident We are business people, and it
remains for us to run the government
upon what ever funds are available If
We have not s.. 100000 a year we will run
it on 5000 900 or even less. A reciprocity
arransement would, however help US
materially
1t is understood that no objection will
be raised by the Washington Govern
ment to President Palmas intention OF
effecting a 100000 loan. Close watch,
however. is being kept by the Washing
ton officials over the financial conolt'oh
of the new republic. and any move
which her officials may lnaugurate cal
culated to iniure her financially will be
straightway blocked by the United
States For example, if it were the IN
tention of the Havana authorities to-
incur financial obligations that could not
be met by their government the Unteo
States would Immediately intervene 10
prevent such action. 1t VIII he Teineih-
herod that in the second article OF the
Plat amendment the United states IS
given the right to intervene 1or INC
purpose of preventing Cuba from assur1-
ing a public debt the interest ana SINK
ing fund for whic, cannot be borne oy
the ordinary revenues of the island. This
article is incorporated in the CUBAN
Constitution, and. furthermore, the Gu
han Congress is required to pass on all
nropositions for raising money
BUT ONE ENVOI.
President Palnla's efforts to keep down
tho eypenses of his government nave
met with the cordial sympathy OF the
WASHINGTON Government. ana IL IS no,
anticipated that any action OF ms "iii
furnish cause for intervention ny 'iie
I-n;ted states His latest economy is
n
i,.or-io, 10 apDoint but one Envoy IN
.,.,a.a;,ary- and Minister Plenipotentlary
to Europe. ,,-;,,
II is nuite probable that this post VIII
~ ,i,.en 10 Senior Rafael Montoro, and
that he will establish his ieSanon IN
paris In view of the former extreme
,,nnooularity that Sonor Montoro IN
c,rred among his countrymen because
or b;s attitude in the revolution. some
srrnrisa has been occasioned at the an
nonncemont that President Palma mad
selected him for SO important pace.
in the diplomat tic service OF me
republic. Although an ardent advocate
os .Cuba Libre." Senior Nontoro for
some reason did not take an actlVe part
in The revolution. and when Spain. as
. concession 10 the United States. estab-
lished autonomy in the Island, senior
n1ontoro was rendered and accepted the
leadership of the autonomist govern
mont thereby bringing down upon MIN
Golf the Interest enmity from his coun-
trvnen. Later he was appointed one
of Spain's commissioners on the JOINT
commission formed by the United States
and Spain to arrange for Spanish evacua-
ton Of Che island.
since the establishment of the hew
reoul,lic however. Senior Montoro mas
once more come into favor. and 1t IS
said that President Palma's reported
intention of appointing him to the
Partisan post has met with the approval
Of the Cubans generally. Senior Mon
,oro is probably the abest fnancier In
tho island to-day. He is in every way
fitted for SO important post and may
he depended upon to safeguard the re-
nublic's interests in the Old World.