The peso $0.60 The medio-peso .30 The peseta .12 The real .06 The medio-real .03 "Bronze and copper coins now current in the Island of Cuba will be received at their face value for fractional parts of a dollar in a single payment to an amount not exceeding 12 cents (1 peseta). "WILLIAM MCKINLEY." [Illustration: FIRE DEPARTMENT, SANTIAGO DE CUBA.] In signing and promulgating the above order, the currency question of Cuba has been settled for all time to come on a sound basis. In offering to accept for the present the Cuban peso or silver dollar for sixty cents, American money, the United States Government merely delays the migration of the coin to Spain. At this price it is profitable to ship them to Spain, but at fifty cents they would have disappeared so rapidly that a commercial disturbance might have followed on account of scarcity of silver dollars and fractional currency. It is not probable, nor is it asserted that this adjustment can be accomplished without hardship to some debtors and a slight financial disturbance. It is not, however, apprehended that the trouble will be as great as some have anticipated. In Santiago the first step to absolutely sound finance was taken last summer and six per cent. of the inflation squeezed out. The business interests in that part of the Island were opposed to a continuation of the ten per cent. inflation, and merely asked of the United States Government that the several gold coins in circulation should be left at their face value. As one of the evils arising from disinflation, certain Cuban bankers put forward the fact that it will mean an increase of from four to ten per cent. in the wages of labour, which Cuban industries cannot afford. Such a result, if true, cannot be regarded as an evil, but, on the contrary, a benefit to the poorer classes, whose condition in Cuba is deplorable beyond description.