THL 

 CUBA RLVILW 



"ALL AP.OUT CUBA" 



Copyright, 1917, by the Munson Steamship Line 



Volume XV 



AUGUST, 1917 



Number 9 



CUBAN GOVERNMENT MATTERS 



CONSTITUTION SUSPENDED 



President Menocal recently saspended 

 the constitutional guarantees and called an 

 extra session of Congress. The decree sus- 

 pending the guarantees gives as a reason the 

 state of war existing between Cuba and 

 Germany, but it is believed in political circles 

 that the real reason was the differences which 

 have arisen between the President and Con- 

 gress. 



CUBAN PORTS COMPANY 



President Menocal has appointed the men 

 into whose hands he will entrust the finding 

 of a solution of the dispute between Cuba 

 and the holders of the bonds of the defunct 

 Cuban Ports Co. Jose .4ntonio del Cueto, 

 the chief magistrate of the Supreme Court, 

 was appointed chairman, while other com- 

 missioners are Dr. Eicardo Dolz, the speaker 

 of the Senate, and Br. Leopoldo Cancio, the 

 Secretary of the Treasury. 



The decree of the President follows the 

 law recently passed by Congress authorizing 

 the President to take steps as he deemed fit 

 to reach a settlement with the persons who 

 hold the bonds of the Cuban Ports Co. 



The Port Docks Company, known as the 

 "dragado," was formed during the Gomez 

 administration to clean and dredge the ports 

 of the island. The company was to receive 

 a certain percentage of revenues paid to the 

 government on merchandise entering Cuba. 

 Its bonds were sold principally in the United 

 States and England. 



When President Menocal entered office 

 he cancelled the conce.ssion. It is under- 

 stood the American and British govern- 

 ments protested against his action, on behalf 

 of purchasers of the company's bonds. 



GOVERNMENT LOAN 



President Menocal sent a message to Con- 

 gress vetoing the .130,000,000 measure passed 

 by both Foases. The reason for vetoing 

 the measure is said to be that it did not in- 

 clude the stamp tax clause recommended 

 by him. 



CUBA'S MONEY 



The Treasury Department, in a statement, 

 announces the distribution of Cuba's treas- 

 ury funds on June 30th, as follows: In the 

 treasury, Cuban currency, .?l,110,ol0.00; 

 in the treasury, American currency, .$1,581,- 

 314.82; in the National Bank of Cuba, $880,- 

 792.45, and in the Poyal Bank of Canada, 

 $43.45. The various items make a grand 

 total of $3,572,660.72. 



CUBAN REBELS SPARED 



President Menocal has issued a decree 

 commuting to life imprisonment the death 

 .sentences passed by a military tribunal on 

 Colonel Quinones, Captain Izquierda and 

 Lieutenants Calzadilla and Roldos, who were 

 convicted of sedition and rebellion jn.^con- 

 nection with the recent uprising. 



