Evening star. [volume] (Washington, D.C.) 1854-1972, 1911-12-31

Public opinion has been most seriously
and unfavorably impressed against Ger
many. both by the AFRO
Unfavorable gance of. the kaiser at
Tangier and by the
PAe'Sioh' sending OF the Panther
to Agadir There is conviction in France
that Germany will interfere either during
the Franco-Spanish negotiations or after.
This last hypothesis is suggested, indeed,
in a somewhat enigmatic correspondence
from Madrid to the Temps, in which il is
affirmed that Prince Won Ratibor, Ger
man minister at Madrid, declared to the
Spanish minister that he (the Spanish
minister) should arrange with Germany
just so soon as he had signed the Franco
Spanish treaty"
The Franco-German treaty il may be
remarked, treats only of the French pro-
tectorate over the whole OF Morocco. and
the French see in this fact an opportunity
for a quarrel with Germany even II
France accepts a partial protectorate by
Spain, though Morocco is ampuIateo to
suit Span's ambitions.
There was doubtless in the minds OF
the secret negotiators of 1904 and 1900
the formation of a Franco Spanish con-
dominium in Morocco. IL such an arrange
ment had been ratified the presence or
two residents at Fee would have led to
eilu eSS COnNlct, as confessed by the
Correspondence Militar of Madrid.
The secono system was an amputation
of Morocco and annexation pure and SIM
pie of certain regions by Spain. This
would have been a radical solution. The
French in peaceful possession on one side,
the Spanish on the other. The treaty at
Algeciras. however, instituted a new or
der of things to which both France and
Spain were held to subscribe and did SUBJ
scribe, and therefore Spain's pretensions
AZ HQT NH iNh fnr foR 70
were never ratified. or. if ratified. aoro-
bated at Algeciras, are simply absurd.
Spain's pretensions are doubly absurd
from the .act that France purchased from
Germany the protectorate over Morocco,
paying therefor many thousand acres of
konp lands which cost her much treas
ure and blood. Germany, 1t may be said.
possessed no rights whatever in Morocco.
Nor was there any acquired rights either
through conquest, trade or possession.
Germany's rights in Morocco rested solely
and simply upon the audacity of ner pre-
tensions, first as a self-constituted friend
of the sultan and second as one of the
signers of the Algeciras act. These pre-
tensions in other words were utterly base
less, but they We're tolerated by Ger
many's cosignatories and accepted with
out protest.
On the other hand, Spain's possessions
in Morocco were included i'm Germany's
bill of sale since France
Spain in was given the protectorate
rr over Morocco entire France
moiocco. viii doubtless recognize
Spain's authority over the Riff, but she
Will not recognize Spains occupation OF
Larache or Ell Ksar.
The situation of Spain in a financial
way is not fiourishing. Since many years
Spanish budgets have been made up with
large deficits. During the period from
1882 to 1897, that is to the eve OF the
Cuban war, the deficits rose to $3.50 COO
Oa0. The affair with the United
States. which scarcely rose to the d enitN
of war, cost the country the sum of
500 100000. To this should be added
Cuba's debt, which brought the debt 20
500 100000.
Spain in order to contract a large loan.
which she must do sooner or later In or
der to regulate her financial situation and
execute the extensive public works pro-
jected, must apply to France in order 20
find the money. The fall in Spanish bonds
last summer at the moment when the
Moroccan policy of the cabinet was mani
tested created in France no little alarm.
There was panic at Madrid; at The
bourse at Paris the exterior lost no less
than ID per cent.
La Espana Economica v Financiera at
tributed the panic of September % to the
of French capital for Spain
based upon the rumors then in circula-
ton of an understanding between Madrid
and Berlin on the subject of Morocco
This journal declared that IL was an il
fusion to think that Spain could progress
without the aid of French capital With
out this capital Spain could not exist
1t was manifest that
SPANS proper resources were entirely in
sufficient to maintain government without
recourse to French capital At the same
time France was SPANS principal Gus
toner. Spain sold to France $47,60.0o
of merchandise, while Spain purchased or
France TO the extent of S39.6.OOO0.
On the other hand, confessed La Espana
Spain sells Germany but
-, 100000 of merchandise and buys OF
Germany $13, 200. 600.
And La Espana Economica adds: Be-
sides would Germany aid us financially
when she is obliged herself to appeal 10
French capital?''
CHI. CHAILLE-LONG.