OCR Text |
Show PANAMA'S DEBTS. Secretary Lansing is said to have approved ap-proved the new loan of $1,200,000 authorized au-thorized by the Panama national assembly, as-sembly, which will bring the national debt up to $3.o00,000. The Panama ns may or may not pay the interest, such matters depending entirely upon the progress made by the so-called republic repub-lic The principal will never be liquidated liqui-dated and will be added to as the years go bv and the deeire of the native officials of-ficials to spend money increases. When the country gets swamped with debt Uncle Sum, who is very short-sighted, will be called upon to foot the bills. It is said Se'TPta ry Lansing is endeavoring endeavor-ing to force Panama to agre to the appointment ap-pointment of a financial ad visor wi rh ' power enough to make his recommendations recommen-dations operative. The amount of "forcp' applied has so far proved ineffective, in-effective, for the Panama officials arc verv much aerp to making honest use of the government money. The United States has recently obtained ob-tained one concession from Panama. The hieh-power rifles, usd for the most ;art to kill unarmed American soldiers, sol-diers, have been takn :i way from th-1 police and future killing? will be done with revolvers and clubs. As the boy? in blue are not allowed tn en rry arms while on leave from the PC-IS tb P?." ama police will probably find the revolvers re-volvers smiicieDt for their purpose, although al-though the high-power rifles will bring down a man at longer range. The application ap-plication of a little force instead of so much palaver would do a world of good iu the administration of the Panama police affairs its well as iu other blanches of the government. |