| Show CASE OF THE CUBAN BONDS Hopes of Their Holders to lo Hive have Them Theta Recognized RK Recognized g by Cuban Government Gone The Ihie he 1 mm Take Fake rI Action Ciba A tl in Their rimel r r lulu I mite Io rm ol oi July Jul 5 The action Acton of time the Madrid ag as II reported m imm I the hurO dispatches looking to the conversion of oC the time Cuban and amid nd Philippine bonds Into another and ant mote mole form of security U Is l regarded here uj iw 1 mm king the final collate of the time long bug cherished hll on the time of o the time bond lond holders to have ha these thel securities recognized and amid by b the Cuban government In the time caw case eRt of ot Cuba and by bythe h i the time United States government or Per lall by hy II the time Philippine Philppine insular jov govern oel in bent In the case of eastern euter At the time peace nece made matu rate frt to have the time United States State assume liability for these bonds bond and falling failing In Iii II that to ll have the time subject left lef In such uch shape aj AI n nto to hermit another attempt In that di direction reton later latel on 11 The flue States State ed to ad admit admit d dmit mit Into the time meaty of ur peace any an lUll helm guage u te directly or Indirectly tending to ti recognize any an obligation on our pait for these theae Time Tho thle TIl protocols how however however ever have been by b the tue Si n nIsh Ish ishi contingent or nt at ft least by the tle bond bon nn as affordIng hoi hOl hope for or a amino outcome at nt a I later date Hut time the fact that time the of oC conversion Is now under tinder way R Ig Is 11 taken laken as A con comm conclusively the by I the time Spanish government of full Cul lia ha liability la for tor or the tho bonds bonts Though known knon as aa Cuban and Ind Philip Philippine PhilIppIne pine bonds these theoe thele securities were ert actu actually ally eWy 11 Issued by b time the government anti In him the raw ease ai of ot Cuba the fund real realized Ial lard from their sale Ile were werl u used d llo to irnie cute the efforts effort to suppress the rebel rel rebellion rellon lion lon lionA A large amount of 0 the bonds bond was wa In d dby by b French and English and naturally natura I their felt Il an un r nt In h having them by ly a I strong government like Iko the th United States One of those thene the KOV gov 10 actually actual Presented nt at the state atalo department an amu In extensive ll list t of hold lags Ings of ot those thole bonds bond by b Its 18 citizens citizen but hut Secy Si See Hay la promptly refused 1 to be bo sered with mith time the thi paper IIa t and ant the hold holden en erl were obliged to recur to the time Span Spanish SpanIsh ish IRh government for relief With the these e bonds bond amounting to many In millions eliminated from view a al as liabilities tel by 1 time the I II gove II meats of ot Cuba ull uba anil alil the time Philippines Philippine timers there remain outstanding as an possible oblIgatIons In the thc of or Cuba case rafI only time the bonds issued lull by b the Insurrectionary government and RII some ml municipal In while In the tIme caw case I of time the th souse Rome city debts and amid tomo IUle represent sib all al the time Indebted Indebtedness ness ne a see |