Will Give $20,000,000

WILL GIVE $20,000,000

UNCLE SAM OFFERS THAT FOR THE PHILIPPINES

And Wants a Caroline Island Thrown In. Spain Must Answer by Monday or Take the Consequence.

The Spanish and American peace commissions met in joint session at 2 o'clock this afternoon.

The Americans declared the United States must have the entire Philippine archipelago, and for a treaty cession of the islands the Americans tendered to Spain $20,000,000.

It is further declared that it is the purpose of the United States to maintain the Philippine Islands as an "open door" to the world's commerce.

On the terms named, the United States proposes a mutual relinquishment of all claims for indemnity, national or personal, subsequent to the outbreak of the last Cuban iusurrection.

Nov. 28 is fixed as the date on which the United States commission desires a definite response to today's propositions and all other subjects in issue here.

It is also declared that the United States desire to treat on the religious freedom of the Caroline Islands, as agreed upon between the United States and Spain in 1886, and also of the acquisition of one of the Caroline Islands for an American naval station, and of cable-landing rights at other places in Spanish jurisdiction and the revival of certain American treaties as heretofore in force.

The meeting was then adjourned until "Wednesday.