The record-union., 1895-05-02
Britain.
Special to the RECoRD-UNIoN.

| Britain on behalf of certain propositions
| is correct. The matter is now being con-
sdered, and if reasonable security is
given for the fulfillment of any under
taking to comply with Great Britain's de-
mands every proposal in the matter will
be arranged without inhicting further
humiliation
1t is learned on good authority that
Great Britain has agreed to the proposed
settlement of her dispute with Mica
ragua. The payment of indemnity is
guaranteed. 1t is said the affair has been
practically guaranteed.
TERMS OF THE GUARANTEE.
| WASHING GToN, May IA guarantee of
| the payment by Nicaragua of the indem-
| nifty as required by Great Britain will be
| made in the amplest manner possible, SO
| that there appears to be no further OBJ
stacle between the two countries as to
the final adjustment. The guarantee will
| be in any one of the several forms as fol-
| lows:
First-The promise Of the Nicaraguan
| Government, which, inasmuch as the
Government has never defaulted in its
obligations. is of itself regarded as o
guarantee.
Second-The Bank of Nicaragua, ma
|
| ing in London, will, if need be, give the
| guarantee.
Third-The Republic of Guatemala
| one of the richest Central American
States, stands ready to deposit sl5, 500 in
a London bank il Nicaragua desires the
| favor.
Fourth-The Nicaragua Canal Com
pany. whose word in London will be ac-
cepted in the highest financial circles,
| w o1ua ia
need be.
! Beside these guarantees, any one of
which is available, and is regarded as
ample, Nicaraguan authorities are said to
have actual funds Immediately available
without calling tor outside help. A
guarantee by the United States is not re-
garded as essential Under the foregoing
circumstances. a 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 Gl5.50 in
London fifteen days from the sailing of
| the fleet from Corlnto.
According to these terms. the fifteen
days does not begin to run until the ac-
tual sailing of the fleet. The latter feat
ure was insisted upon by Nicaragua as q
means OF checking popular agitation and
as step toward maintaining ner dignity.
DR.. Guzman called at the State Depart
ment at IL o'clock to-day. Up to that
time he had not received official contirma-
ton OF Great Britain's acceptance, al
though the correctness of the unofficial
advices was not questioned.
From the British standpoint the accept
ance of the compromise and the inmedi-
ate evacuation of COrinto establishes the
good faith of Great Britain in her decla-
ration that there was no purpose of occu-
pying territory. From the first the Brit
ish authorities have assured Embassador
| Bayard, and the latter has so advised
Secretary Gresham, that there was no
purpose OF aggression, or OF securing a
foothold in Nicaragua. The only pur-
pose. earl Kimberly has said. was to col
lect debt by such force as was necessary
and to depart.
Nicaragua, Notwithstanding these as
surances, has maintained that the collec-
ton of $77, 800 was merely covert means
of occupying her territory. This view
has prevailed very widely here, even in
some official quarters, although the pol
icy of the Government has been to accept
the good faith OF Great Britain's repre-
sentations.
The withdrawal Of troops from Corinto
and the departure of the fleet not only
ends all question of British territorial
extension in Nicaragua, but also puts at
rest the fears entertained that the control
OF the canal route would be seriously
affected by the proximity of British
forces.
The affair has cost Nicaragua more
than the original S77,500. 1t was neces-
sary to raise 5000 extra troops at cost OF
$1,000 per day. The abandonment OF
Corinto as customs port has also re-
suited in much loss. The disturbance to
business and commerce is a loss which
cannot be measured in dollars.
MAY LEAD TO A REVOLUTION.
Colon, May lit is reported from San
Juan del Sur that there is every probable
ity OF revolution breaking out in Mica
ragua if the Government yields to the de-
mands Of Great Britain. If the present
Government of Nicaragua falls, it is con-
tended it will not be possible to adjust
the claims of Great Britain, and this will
probably provoke an armed conflict.
SIZING UP THE CANAL ROUTE.
MANAGUA, Nicaragua via Galveston,
Tex.), May 1.-The officers belonging 70
the British fleet were ashore yesterday at
San Juan del Sur, 3 small port near which
the Pacific entrance to the Nicaragua
Canal is to be built 1t was noticed that
they were making measurements and
topographic sketches OF the land, and
they were also apparently making OBJ
servationS along tbs route to be followed
bv the canal along the line from tho Pa
cific to Lake Nicaragua. The officers
also made sketches and took notes about
the Brito, and although ordered to desist
by the Nicaraguan Governor there, they
continued their work and refused 70 re-
turn on board the ships.
AN OFFER OF TROOPS.
MANAGUA (Nicaragua), May 1.-The
Honduras Government has given aSsur-
auce to Nicaragua that her troops will be
at the disposal of Nicaragua should they
be necessary. This is the only tender ol
troops that mas been made by the Central
American republics. The offer from Hon
duras is not likely to be accepted. owing
to the present favorable turn OF affairs,
but at one time there was prospect OF
concerted action by the forces of the two
countries. The good offices OF the Min
lister OF Honduras, Minister OF Guate-
nala and all other Central American
States are being exerted at Washington
and London to secure peaceful settle.
ment
THE ADMINISTRATION CONDEMNED.
ALBANY (N. W, HAY l.-Resolutions
In condemnation of the Administration
at Washington, for its inaction in regard
TO the seizure ut COrinto. Nicaragua, were
adopted by the Assembly to-day, under
suspension Of the rules. the vote standing
81 ayes and 10 noes, one Democrat voting
with the Republicans. The resolutions
were offered by Representative Aims