Items of Interest

The United States Government has formally communicated to the foreign Powers the impossibility of joining in a joint guarantee for the payment of the Chinese indemnity. The difficulties in the way of such an arrangement are set forth in the communication, particularly those relating to the constitutional restrictions on the President in making a joint guarantee of this character. In view of the determination of the United States not to be a party to the joint guaranty, there is anxiety shown in diplomatic circles as to the outcome on the question of indemnities. One view is that the majority of the Powers, being favorable to a joint guaranty, will execute this joint instrument, and thereafter carry on a concert of their own. In that event, it is said, the United States would arrange directly with China as to the American portion of the indemnity.

During the past two months suggestions have been made by prominent political leaders on the Republican side, that President McKinley could be and should be nominated for a third term. The proposition was taken seriously and many friends of the administration waxed enthusiastic over it. The President found that he could not ignore the third term talk, because he felt that it would prejudice the public mind and interfere with the handling of some very important public questions which the administration will be called upon to face; so he has published a message to the country solemnly declaring that he will not be a candidate for a third term, and that if he should be nominated he would decline to run.

John Wanamaker last week sent a letter to the mayor of Philadelphia offering to pay the city $2,500,000 "for the powers, rights, and franchises granted and intended to be secured by fourteen ordinances of the city council awaiting the mayor's approval. Mr. Wanamaker said that he did not wish to embark in the street railway business, but he regarded the gift of such extremely valuable monopoly privileges to private parties with no return whatever to the city, as little short of public plunder, and by making this concrete offer he hoped to stop such rash proceedings.

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America's Valhalla
June 20, 1901

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