. The Cuba review. THE CUB A R E \' 1 E W says if there are any financial re- sponsil)ilitios they helong h> Spain, ami not t<i C"nl)a. Neio Rccifi'ority Treaty On February 12th Wash- ington despatches said that President Taft had begun the negotiation of a reci- procity treaty with Cuba. Secretary Knox has held a number of con- ferences with Sr. Rivera, the Cuban min- ister, as to the drafting of .' new conven- tion, especially in connection with duties on sugar. The Cuban minister declined to discuss his activity in this regard, but it is understood that Cuba, pr
. The Cuba review. THE CUB A R E \' 1 E W says if there are any financial re- sponsil)ilitios they helong h> Spain, ami not t<i C"nl)a. Neio Rccifi'ority Treaty On February 12th Wash- ington despatches said that President Taft had begun the negotiation of a reci- procity treaty with Cuba. Secretary Knox has held a number of con- ferences with Sr. Rivera, the Cuban min- ister, as to the drafting of .' new conven- tion, especially in connection with duties on sugar. The Cuban minister declined to discuss his activity in this regard, but it is understood that Cuba, present sugar duties to be diminished, feels there may be a necessity for a readjustment of the preferential rates given to the republic. On the sul)ject of the treaty Cuban Secre- tary of State Sanguily is quoted as express- ing the following opinion : "The Cuban government for several months, in harmony the Chamber of Commerce and Planter's League, has been trying to tind a way to extend the present reciprocity treaty for another five years. The idea has been to guard against any new economic policy that might be started in the United States. "In the meanwhile we have sought a favorable opportunity for negotiating a new treaty which will sufficiently protect Cuban sugar and also favor as much as possible our tobacco, but without ; Despatches from Washington on Feb- ruary i4th were of the follov/ing tenor: Of the nature of the ne^v treaty little can be stated at this time, but it is under- stood that the Cubans will be expected to relinquish some of the advantages they en- joy under the article which now admits all of their sugar, tobacco and other products into the United States at a reduction of 20 per cent from the rates paid by other countries. Although certain classes of American products are given reductions of duty when imported into Cuba amounting to from 20 to 40 per cent, it is asserted that the advantage has been shown to be largely in fav
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