Evening star. [volume] (Washington, D.C.) 1854-1972, 1895-05-01
Willing to Accept the Proposal Of
Nicaragua.
FLEET TO LEAVE CORINTO At ONCE
Believed That the Affair is Practi-
caIb Settled. -~e
GUARANTEE TO BE GIVEN

ment which emanated yesterday from the
foreign office, saying that there has been
no change in the attitude of Great Britain
tow ard Nicaragua, it is learned today that
Great Britain has agreed to the proposed
settlement of her dispute with Nicara qua
If the payment of the indemnity is guaran-
teed In this case the British fleet will i'm
mediately withdraw from Corinto.
1t is not known what guarantee Great
Britain demands for the payment of the
indemnity. but it is believed in official cir
cles that the affair Is practically settled.
COLON, Colombia, May lit is reported
here from San Juan Del Sur that there is
every probability of a revolution breaking
out in Nicaragua, If the government of that
republic yields to the demands of Great
Britain. If the present government of
Nicaragua falls, 1t is contended that it will
not be possible to adjust the claims Of
Great Britain. and that it may probably
provoke an armed conflict.
Nicnrngun's Guarantee.
The guarantee of the payment by Mica
ragua of the indemnity. required by
Great Britain, WILL 1t is promised, be made
in the amplest manner possible SO that
there appears to be no further obstacle be-
tween the two countries as to final ad
justment.
The guarantee will be in any one of sew
eral forms, as follows: First. the promise
of the Nicaragua government. which. in
view OF the fact that the government has
never defaulted on its obligations is itself
regarded as a guarantee; second, the Bank
of Nicaragua, a national institution, with
recognized standing in London. will, If need
be- give the guarantee; third, the republic
of Guatemala, one of the richest of Central
American states. stands ready to deposit
f15500 sterling in a London bank If Mica
ragua desires the favor; fourth, the Mica
London would be acceptable In the highest
financial circles, will give either a guar
antee or the cash, If need be.
Besides these guarantees, any one or
which is available, and Is regarded as am
Pile, the Nicaraguan authorities are said to
have the actual funds Immediately avail
able without calling for outside help. A
guarantee by the United States Is not re-
garded as essential under the foregoing
circumstances.
Terms of Settlement.
The final proposition. as now concluded
between Nicaragua and Great Britain will,
therefore, be as follows: Great Britain
agrees to Immediately evacuate Corinto and
withdraw her fleet. Nicaragua agrees to
pay the f155OO in London fifteen days from
the sailing of the fleet out of CorintO har-
bor According to these terms, the fifteen
days does not begin to run until the actual
sailing of the fleet.
The latter feature was insisted on by
Nicaragua as a means Of checking popular
agitation, ard as step toward maintain
ing her dignity
Dr.. Guzman called at the State Depart
ment at II o'clock today. Up to that time
he had not received official confirmation of
Great Britain's acceptance. although the
correctness of the unofficial advices was
not questioned.
British Good Faith.
It is claimed that the acceptance of the
compromise and the immediate evacuation
of Corinto establishes the good faith Of
Great Britain in her declaration that there
was no purpose Of occupying territory.
From the first the British authorities as
sured Ambassador Bayard, and the latter
has so advised Secretary Gresham. that
there was no purpose Of aggression. or of
securing foothold in Nicaragua. The only
purpose, Earl Kimberly said. was to col
lect debt by such force as was neces-
sary. and then depart.
Nicaragua, notwithstanding these as
surances, has maintained that the collec-
ton of the $77,5OO was merely covert
means Of occupying her territory. This
view has prevailed widely here, even in
some official quarters although the policy
of the government has been to accept the
good faith of Great Britain's representa-
tons. The withdrawal OF the troops from
COrinto and the departure OF the neet not
only ends all question of British territorial
extension in Nicaragua, but also puts at
rest the fears entertained that the control
of the Nicaragua canal route would be Sc
riously affected by the proximity of Brit
ish forces.
Cost to Nicaragua.
The affair has cost Nicaragua more than
the original s77, 800. 1t was necessary to
raise 5000 extra troops, at a cost of 5000
per day. The abandonment Of CoriEto as
customs port has also resulted in much loss.
The disturbance to business and commerce
is a loss which cannot be measured in dol
lars.
Fears Of n Hitch.
State Department officials this afternoon
expressed fears that there might yet be
hitch in the Nicaragua settlement. 1t is
said that the possibility of an entire failure
of the agreement has not been passed.
This view is based on the fact that no con-
firmation of Great Britain's acceptance of
the terms has been received at the State
Department, the British embassy or the
Nicaraguan legation.
THE DOVER DEADLOCK.