People's Pilot, Volume 4, Number 15, Rensselaer, Jasper County, 28 September 1894 — SPAIN READY TO ACT. [ARTICLE]

SPAIN READY TO ACT.

It la Willing to Make a New Reciprocity Treaty with L'nole Sam. Washington, Sept. 22.—Senor Muruaga, the Spanish minister, authorizes the following statement as to recent cable reports that Spain had instructed him to open negotiations for a new commercial arrangement or treaty; “Since the reciprocity arrangements a brisk trade has been carried on between the United tutes and Cuba and Porto Rico, composed principally of farm products, which runs up into the millions, say an average of $22,000,000 yearly for American ports. It is as much in the interest of the United States as of Spain that the exchange of mutual commodities should not collapse. The American sugar producers do not raise the tenth part of the home consumption. and struggle, besides, under disadvantages of climate, soil and price of labor. Americans, therefore, need our sugar, and their refining industries are largely benefited by it as well as the farming products, which find a ready market for their surplus In Cuba and Porto Rico Everything points, therefore, to the necessity of a fair and equitable understanding, even if it should not assume the formalities of a treaty.'’