It is reported from Washington that Porto Rico and Guam Island and the island of Luzon, with Manila Bay and the city of Manila, are looked upon as indemnity for the war, and the administration is inclined to the opinion that, as it has now been determined that all the Philippines must be held by the United States, it would only be fair to Spain to pay a monetary consideration for the remainder of the group. The amount to be paid in some form or other that is now talked of is $40,000,000, this being practically the amount of the Philippine debt. Among officials of the administration it is now generally believed that the final agreement will be on the basis of a definite cash payment to the Spanish treasury, with the express stipulation that Spain remains responsible for all debts contracted by that government and charged to the colony.

Dispatches from Yokohama, Japan, say that on November 7 a new ministry was formed by Field Marshal Marquis Yamagata Aritomo to succeed the cabinet of Count Okuma Stagaki, the first party cabinet in the history of Japan, which took office on June 28 last, and resigned October 31, owing to differences upon the question of filling the portfolio of public instruction.

November 10, 1898

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