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Show : SPAIN Will YIELD, WILL ACCEPT INDEMNITY AND CEDE THE PHILIPPINES. May Knter a I'roti-Kt Aalrs the .uierl' ran Interpretation of the Protocol as AffVrtliiK the Philippines anil .4j;aifint the Proceedings Proceed-ings ieiieralljr. Madrid, Nov. The cabinet has concluded that the wisest policy is to accept the American terms, leaving to the Spanish commissioners full power to secure the best possible indemnity and to place on record, if the American Ameri-can commissioners will permit, a protest pro-test against the American interpretation interpreta-tion of the protocol as affecting the Philippines and against the proceedings proceed-ings general ly. The decision of the cabinet is approved ap-proved in political and financial circles. cir-cles. The deliberations of the ministers minis-ters were very protracted. Senor Sa-gasta, Sa-gasta, Duke Almodovar del Rio and Senor Puigcerver had great difficulty in inducing some of their colleagues to accept the small indemnity. Undoubtedly Un-doubtedly the situation is hard and critical, but ministers say that Senor Sagasta is determined to confront all opposition until the cortes is convoked, probably at the end of December, when he will demand a vote of confidence, confi-dence, virtually implying approval of the treaty and the conservation of his party. Washington, Nov. 28. President Mc-Kinley Mc-Kinley is in receipt of a dispatch from Judge Day in which he states positively posi-tively that the Spanish commissioners will formally accept the terms of the United States at the next meeting. |