The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-05-02
NICARAGuA's PROPOSITION.
British officials Arc Considering lie
and May Accept the Offer.

WASHINGTON. May although il was
reported at London this morning that
Britain would accept Nicaragua's PROPOSE
ticn. officials here express fears that there
may yet be hitch in the set.lemont. IL
is said that the possibility OF entire
failure of the agreement has not been
passed. This view is based on the signifi-
cant fact that no confirmation of Great
Britains acceptance Of the terms has been
received at the State Department. the
British embassy or the Nicaraguan legation.
The first dispatch received from London
to-day read: 'In spite of the statement
which emanated yesterday from the For
eign Office saying that there has been no
change in the attitude of Great Britain
towards Nicaragua, it is learned to-day
that Great Britain has agreed 10 the pro-
posed settlement OF her dispute with Mica
ragua if the payment of the indemnity is
guaranteed. In this case the British fleet
will Immediately withdraw from Corinto-
1t is not known what guarantee Great
Britain demands for the payment OF the
indemnity, but il is believed in official
circles that the affair is practically settled
Later in the day the following was re-
ceived from London: THE following SEMI
official announcement was made this even
ing: The statement that the Salvadorian
minister had submitted TO Great Britain.
on behalf of Nicaragua, certain proposals
is correct. The matter is now being con-
sidered and II reasonable security is given
for the fulfllment of any undertaking 10
comply with Great Britsin's demands. every
proposal i'm the matter will be arranged
without inficting further humiliation. "
1t is said here that the guarantee OF the
payment by Nicaragua of the indemnity as
required by Great Britain will be made in
the ampest manner possible. there APP
parently appears to be no further obstacle
between the two countries 10 final adj
justment. The guarantee viii be In any OF
several forms. follows:
First, the promise OF the Nicaraguan gov
ernment. which. in view OF the fact that
obligations, is OF itself regarded as guar
antee; second. the Bank Of Nicaragua.
national institute with recognized standing
in London will. il need be, give the guar
antee; third. the republic OF Guatemala. one
OF the richest of Central American states.
stands ready 10 deposit tl5,500 IN a London
bank IL Nicaragua desires the favor; fourth,
the Nicaragua Canal Company. whose word
in London would be acceptable in the high
est financial circles, viii give either a guar
antee or the cash II need be- Besides these
guarantees. any one of which IS availaols
and is regarded as ample, the Nicaraguan
authorities are said TO have the actual
funds immediately avilable without calling
for outside help. guarantee by tbs
| United States is not regarded as essential
under the foregoing circumstances Tae
| final proposition, II concluded between Mica
ragua and Great Britain, WILL therefore be
as follows: Great Britain agrees TO imine-
| diatey eyacuate Corinto and Withdraw her
| fleet Nicaragua agrees TO pay the fl3,aO
| in London fifteen Gays from the sailing OF
| the fleet out OF Corinto harbor. According
to flese terms the fifteen days does not be-
| gin to run until the actual sailing OF ths
| fieet The latter feature was insisted on by
| Nicaragua as a means OF checking popular
| agitation and as a step toward maintaining
her dignity.
I DIR 1;uzman called at the State Depart
ment at IL O'clock to-day; Up 10 that
| time he had not received official confirma-
| ton of Great Britains acceptance. FROM
| the first the British authorities have as
sured ambassador Bayard, and the latter
| has so advised Secretary Gresham. that
| there was no purpose OF aggression or OK
securing a foothold In Nicaragua; Inc
| only purpose. Earl Kimberly has said, wss
| 10 collect a cebt by such force az was
necessary and then depart. Nicaragua.
| maintained that the collection OF the 1850
was merely a covert means OF occupying
! her territory. This view has prevailed
very widely here, even IN some ofncial
| quarters. although the policy Of the gov
/ ernment has been TO accept the good faith
| OF Great Britains representations. The
withdrawal OF troops from Corinio ana
| the departure OF the feet Will not only
| end ali question OF BRUSH territorial eN-
tension in Nicaragua, but also pHt AT rest
| the fears that the control OF the Nicaragua
canal route would be serfously anected by
| the proximity OF the British force. The
affair has cost Nicaragua more than the
original $3.50 II was necessary 10 raise
! 1000 extra troops at a cost OF S.0Oo per
day The abandonment Of Corint0 as
| customs port has also resulted In much
loss The disturbance 20 business ard
commerce is a loss which cannot be meas
ured in dollars
| Secretary Gresham is again ill and con-
fir eli 10 his rooms at his hotel. Several
| nlembers of the diplomatic corps came 10
! tre State Department, to-day, 10 see him.
without success. Among them Sir
| Julian Pauncefote, the British ambassador.
| Scnor Arriaga the Guatemalan representa-
tive and DR. Guzman. the Nicaraguan min
| ister The latter came especially TO learn
/ whether the department had any news
officially respecting the reported accept
ance by Great Britain OF the terms OF set
| tlement OF the Corinto matter offered by
| ing on the subject 10 communicate.