The sun. [volume] (New York [N.Y.]) 1833-1916, 1903-03-12
CUBA ACCEPTS THE TREATY.
SENATE'S APPROVAL SHOWN ny
A VOTE or 10 TO 3.
Excellent Results From Reciprocity with
Is Predicted by sener Bustamente
Thinks That II win Strengthen
the Opposition TO Annexation Plans.
Special Caee Despatch to THE Sun.

Special Caae Despatch 10 THE Sun
HAVANA, March 1.-THE Senate to-day
approved the reciprocity treaty with the
United States by a vote OF II TO
Senator Bustamente continued his speech
In favor Of the treaty. He said II had been
stated that France, Germany, England and
other European countries had protested
to the American Government against tho
treaty. Their object was supposed TO be
TO protect their Cuban trade. but II they had
protested their real reason was more likely
to be to preserve the American markets
for their sugars. and in the cuse OF En- gland.
TO protect her carrying trade. because
the diversion of the carrying trade In beet
sugar across the Atlantic would moan loss
to British shipowners. Cuban sugar would
not be carried to the United States In Brit
ish but In American. vessels.
The treaty was very important to the
tobacco trade, as a reduction Of 20 per cent.
In the present American tarih would enable
Cuba TO ship much inferior tobacco TO the
United States, which could not he done at
present owing TO the high duties. Com
mercial treaties, Senior Bustamente added. .
should give advantage TO both parties
The country was in favor Of the treaty and
should be gratifed.
Senior Bustamente then examined the
figures relating 10 encumbrances upon
property in the island. These showed
that rural property was encountered to
the extent Of ~ per cent. and urban property
10 the extent of ~ per cent. Moreover,
Cuba had no savings Of Importance, a. was
shown by the fact that European bonds to
the value Of only $50 600 600 and American
bonds to the value OF only ti2.oOo.o 900 were
held by Cubans. All this showed Cuba's
dependence, which would be changed II the
trraty went into effect, as confidence would
b. restored and the islands commercial
condition settled. IL the treaty was not
adopted, the condition Of uncertainty would
continue. eflor Bustamente declared that
in his capacity Us a lawyer he had often
seen wills In which foreign bonds tearing
only 8 pr cent. interest we're held by
Cubans, who explained that they did not
have the confidence to justify them In In
yeeting la Cuban securities.
The treaty would give Cuba the respect
Of the nations. Imports 81 articles OF
luxury from Europe would increase With
the PROSPERITY 81 the country, and ID"
Population would also hcreas. ~ imni-
grants would not GONE To q poor country
Then. need h. No fear that immigration
would result Ia the Cubans b~ing nuin"r-
irally oN.r~ heln,ed ~ ia. pie had great
ISWer - assimilation, ~hich had i'een
aI,indantly shown IA the pasi
h..nsr I.usianl.nts considered that "i,.
result ~ GA. treaty ~o,ild l- to -tr-nstlssn
olpo.ltisn "a annexation, a. 10y -nrishins
80. IA ssa.,la ..f.al.l.r Lar Ia siAnd nlstts
Nhef.As q Is,oT 's'uniIy "oald not NAH
taig q vigorous lnlsFnsilsnai life - l'as-
t-.isi.l.or. and 'ui- might sooeunb Ia "a.
nI-,'t ilitl.~ ~ . small krOap q pfoi-fiy
90 Iirfs