The Rathdrum tribune. (Rathdrum, Idaho) 1903-1963, 1906-11-09
THE CUBAN SITUATION,
Extravaganza Has Caused a
Big Bonded Debt.
DoNApARTE ON TRUSTS.
Continued Growth of Wealth Al.
most a Certainty.
WEEKLY LETTER FROM WASHINGTON

v WEEKLY LETTER FROM W wAsHINGro,
I" Just what Is happening in Cuba q
~ the moment 1t Ia difficult to say. bu
II Is safe surmise that Judge Nj
COON is having a harder time than h
l ever experienced either on the 18th
: mus or IN the War Department a
washington. The fragmentary re
ports that have leaked out at tn
Department since Judge Magoon tool
mold show that the situation Is II
about as bad financial tangle a
could possibly be conceived. Th,
Cubans have managed to accumulat,
an immense bond debt, since the,
TOOK charge Of the Government, 4
debt on which the fixed interes,
charges are large but will have to bt
met II Cuba Is not to appear as a de.
faulter before the nations of the
world. There is a sum Of thirty. flve
million dollars In what Is known as
the first Cuban loan, which was made
for the payment of the revolutionary
soldiers. There is an addition to
this OF ten million dollars raised by
the banking house Of Sppyer Brot hers
and an internal loan of So. Ill, 900, all
of which has to be carried.
There has been extravaganza and
mismanaRement all along the line in
the appointment of public officers and
the payments for internal improve
ments which have never been made.
And thu only wonder Is that in spite
OF the phenomenal prosperity OF Cuba
she has been able to stagger along
with the debt as long as she has.
One Of the first acts of Governor Ma
goon was to cut off 38 superflu0us
employees Of the Senate and almost
twice as many in the House. The
same drastic course will have to be
pursued with the government en-
ployes throughout the island and
there will be an accumulation OF EN-.
ployes out OF job that Will almost
suffice to constitute fresh revolution
Meantime there have been minor
troubles breaking out at various
points In the interior. Major Kane,
who was In command Of the marines
at Cienfaegos, has been Obliged to
hurry part of his attachment inland
to Quelch the new revolution, which,
as he discovered when he reached the
spot consisted Of a hand of 100 un.
armed liberals who claimed that they
we're merely organized to repel .
threatened attack Of MUderates. Al
together the situation is one of deal
ing with children, although 1t Is by
no means child's play for The officers
who have To do the work. And We
are likely to get out of Cuba with As
little thanks and glory as could |
possibly be coming to one nation thai
had saved anoiher from a disastrous |
civil war.
Just the attitude that the ad. |
ministraLion is taking on the Trust
question was very fairly stated by |
Secretary Bonaparte this week when
he went out to the little town OF
Denton, Md. to speak in behalf OF !
Mr.. William Jackson, the Republican
candidate for the House IT Represen
tatives. Secretary Bonaparte called
attention to the fact hat the fOreigo
trade of the United States had never
been a primar, consideration with
the Republican party. What that
party had aimed a was the building
up Of our immense internal trade by
means Of protective tariff. AT the
same time the foreign trade also has
grown by leaps aud hounds until
within he past ten years it bad in
creased three fold over its increase
during the proceeding ten years,
when it was almost wholly 10 the
hands of the Democrats. And their
ayowed intention it was TO build 1t
up Secretary Bonaparte said that
with the enormous growth OF wealth
in this country II was almost a Ger.
tainty that corporation would increase
in power and MT som" people would
become enormously rich at the expen-
Sc Of others.