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Show MAY JIROPEN WAIL DPAIN IB UNWILLING TO PAY THE CUUAN DEDT I refer Dlaniemharmenl nf Tlirlr ltln.1or Iu llaiikroplrj-Mar llefsie lo I ro- rred lurlhrr Mllli terollalloat I'arla Oet 1 Tho American peace Commissioners nt the last session of the Joint peace commission, look with them a carefully prepared written an awcr to the proposals of the bpanlards regarding Cuba It it understood the American rrply Is to a certain degree, In Ihe nalurcof n compromise proposal Tho consideration by the commission era of I'orto Ulco and tho I.sdrone la lands haa now been merged with the Cuban question and all Ihe point In volrcl are King carried forward to a aslmuttancoiia conclusion When this has been arrived at tho lhlllpplne question will Im taken up Of course Ihcro la a possibility of a disagreement, nnd the Hpanlardt, If the mcrlcan commissioners decide not to assume any portion of the Cuban Indebtedness In-debtedness may nnnuunco their tin willingness to proceed auy further with negotiations based upon the pro tocol Hhould the Hpanlsh decide to do this It will be because they wish to exclto the pity of their creditors and of other nations. Tha cortca may then lie nsked lo indorso their action In f .ctlhaSpanlnrdttnty even prefer a resumption re-sumption of hostilities lo acquiescence In tho American refusal to share their financial burden Hie Americana havo Intimated to tha Hpanlnrd tho pottlbllty that Spain may at aoma future period ba able to dial with nn Independent government regarding tho assumption of provincial provin-cial an 1 municipal portion ot tha Cuban Cu-ban debt, which la estimated to have lieen Silo 000,000 before the last rebellion rebel-lion In Cuba broke out, and 1500 000 000 contracted alnco It )i Hut should Independent In-dependent Cuba, aa alio doubtless would refuse to nttumo moro than her proportion of the debt, based on actunl betterments In Cuba, and only, even In tills case, of obligation contracted previous to 18J1, Npaln would lie comix com-ix lied to appeal to her people and confront con-front them with practically seven-clghthaot seven-clghthaot tha debt contraclc 1 aluco bpalu woul 1 also Iwj compelled to declare de-clare her Inability to meet her obligations obliga-tions and this nt pre n nt seems to tho Hpanlardt a mora bitter alternative than to ncccpt the United Mates' refusal re-fusal to share tho Cuban debt with all that this meant, tho Idea liclnp- that thu Spanlardt would boablo to call tho attention of tlulr credlton to tlielr unyielding un-yielding though fruitless effort In their Iwhalf It It tal I that thorn are persona high In tho Spanish councils who claim to bellcvo Hint Hpnln would rather tub-mil tub-mil dumbly ami helplessly to decimation decima-tion or dismemberment than confront this continued financial burden Ono courso woul 1 learn herprlda unsullied, It la claimed, nnd the other It rrganled aa doubtful, If not Impossible of a lop tlon within tliobouiidurletnf national solvency |