The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1905-03-29
AMERICANS HANDLE
DOMINICAN CASH
President Takes Action That
Stands Till Senate Passes
on the Treaty

WASHINGTON, March 2S.-Presi-
dent Roosevelt has decided to accept
the proposition of the Dominican gov
eminent for the control of the finances
of that republic with a view to set
ting aside a portion of the revenues of
the republic for the payment of its
debts. The officers who will collect the
money and hold it will be appointed by
the Dominican government, but the
names of the men selected will be re-
ferred to this government for approval.
The attitude of the government Is
shown in the following instructions
given to Acting Secretary Adee:
/ have carefully considered the follow
ing cablegram from Minister Dawson:
Secretary of State, Washington: I'm
der pressure of foreign creditors and do
mestic peril the Dominican government Of
fers TO nominate a citizen of the United
States receiver for southern ports pending
northern ports to be administered under
the award. Forty-five per cent OF the
total shall go to the Dominican govern
ment and S. to be deposited in New
York for distribution after ratification;
the creditors to take no further steps in
the meantime and the receiver TO have
erential contracts. The Italian. Spanish.
German and American creditors except
the San Domingo Improvement COMPANY
accept unconditionally. The Belgian and
French representatives will recommend
acceptance Some modus vivendi is abso-
lutely necessary. i am ready, IL desired.
TO start for Washington. ID. c., 18th to
explain details and notifications to plan
obtainable; whole matter can be held open
during my absence. Dawson"
President Says Yes
l direct that the minister express ac-
quiesence in the proposal Of the govern
ment Of Santo Domingo for the collection
and conservation OF its revenues. pending
the action OF the United States senate
upon the treaty, to the end that i'm the
meantime no change shall take place in
its consummation or bring complications
into its enforcement. The secretary of
war OF the United States VIII present for
nomination nomination by the president Of the
positions referred to in both the northern
and southern ports. The utmost care will.
of course. be taken to choose men of
capacity and absolute integrity who, IL
possible, shall have some knowledge Of
Spanish. All the moneys collected from
both the northern and southern ports not
will be deposited in some New York bank
to be designated by the secretary of war
and will there be kept until the senate has
acted.
II the action is adverse the money will
then be turned over to the Dominican
government. If it is favorable IL will be
distributed among the creditors In proper
ton to their just claims under the treaty.
Meanwhile Mr.. Hollender viii thoroughly
investigate these claims, including the
claim of the American Improvement COM
pany. and will report in detail all the in
formation he is able to gather as to the
amount actually received by Santo Do
mingo. the amount OF Indebtedness nomi-
nally incurred, the circumstances so far
as they are known under which the va
rious debts were incurred and suffered.
Answers Call for Aid
This action is rendered necessary by
the peculiar circumstances of the case.
The treaty now before the senate was
concluded with Santo Domingo at Santo
Domingo's earnest request, repeatedly
pressed upon us and was submitted to
the senate because. in my judgment. IL
was our duty TO our less fortunate neigh
Dor to respond TO her call for aid, mas
much as her need for IL was very great.
The treaty is now before the senate and
has been favorably reported by the COM
mittee on foreign relations II is pend
ing and final action will undoubtedly be
taken when congress conyenes next fall.
Meanwhile Santo Domingo has requested
that the action above outlined be taken;
that is. she desires In this way to main
tain the status quo. SO that IL the treaty
is ratified il can be executive With this
purpose in view / direct that the pro-
posed arrangement be approved. 1t will
terminate as soon as the senate has acted
one way or the other.
Theodore Roosevelt.