Special Report of Wm. H. Taft, Secretary of War, to the President of the Philippines ..
Special Report of Wm. H. Taft, Secretary of War, to the President of the Philippines ..
United States. War Dept
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My Dear Mr. President : I beg to submit herewith a report upon negotiations which have reached a tentative conclusion between Arch- bishop Harty, of Manila, and myself, with reference to the settle- ment of certain controversies between the Philippine government on the one hand and "the Catholic Church on the other. With the Catholic Church may be included the Banco Espanol-Filipino, of which I am informed that the Archbishop of Manila, in his trust capacity for the Roman Catholic Church, is th...e chief stockholder. The negotiations concern the administration of trust properties of an educational and charitable character, and also the charter of the Filipino-Spanish Bank, especially in respect of a franchise which it was given by the Spanish Government for the issuing of circulating notes. At the time that I was sent to Rome, by your direction, Secretary Root, in his instructions to me of May 9, 1902, said : The rights and obligations remaining under the various specific trusts for education and charity which are now in doubt and controversy ought to be settled by agreement if possible, rather than by the slow and frequently disas- trous processes of litigation, so that the beneficent purposes of these foundations may not fail.
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