The herald. [microfilm reel] (Los Angeles [Calif.]) 1893-1900, 1895-06-18
Second Act Played Yesterday in the City Council


600.
The road has been in operation long
enough to determine what it will earn,
but Its most sanguine prom oters do not
hore that it will paw 7 per cent on the
outlay. Whatever it earns will be applied
on the investment and Venezuela then
will have to give sufficient to bring the
earnings up to per cent.
1t is said to be this and similar Ger
man interests that are inclning the Ger
man government to regard with favor
the acquisition OF. AN island off they enez-
uean coast to be used as a naval station
and as sort of base of operations for
Germany on the American continent.
The guarantee of Venezuela to the Ger
man sydicate is of private character.
the German government having no in
terest in the matter. but it IS looked upon
as affording a convenient means by
which the government, in giving protec-
ton to its citizens. could also carry out
its desire for the acquisition OF naval
station. The circumstances are such as
to lead to the belief that the United States
will again be called upon to define to
what extent the acquisition of territory
by foreign powers III South American
soil is compatible with the Monroe doc
trine.
Great Britain already possesses an ISL
and the mouth of the Orinoco, in which
a powerful naval station has been estcb-
lIshed. There are two other islands near
it owned by Venezuela. either of which
would he well adpted to Germany's needs.
There is another large island further up
the coast, but it constitutes "a province Of
Venezuela. and its people have such IN
tense loyalty to Venezuela that they have
been named ''New Spartans. They
would undoubtedly resist any separation,
even if Venezuela assented to 1t.
AT the moment this German phase of
the Venezuelan question is making its APP
pearance the British branch of the subject
is presenting more favorable aspect. Or
fetal intelligence has recently reached here
thu Sir Vincent harrington, representing
tine most extensive British interests in
Venezuela. has most strongly urged upon
the British government the importance of
an MICA pie settlement with Venezuela as
Il means Of protecting British interests III
that country. Since the withdrawal of
the British minister at Venezuela as q re-
salt OF the boundary troubles, Sir Vincent
has stood as the representative Briton in
that country. He is AZ the head of the
syndicate of London capitalists who built
the railroad from Caracas to La Guyru,
thus connecting the capital with the chief
sea port. At La Guayra the syndicate
built an artificial harbor with breakwa-
tiers ana stone wharves, at cost of sew
eral millions. Sir Vincent manages these
extensive British interests. and his ap-
peas that they can be fostered best by a
settlement with Venezuela will doubtless
have an important influence on the for
eign office. Senior Andrade, the Vene-
zuelan minister here, when askel as to
Germany's purpose. said he had not peen
informed OF any intention to acquire any
of the islands for naval station. al
though he was acquainted with the in
vestment of German capital in the rail-
road, and the guarantee given by the
Venezuelan government. The informa-
ton reaching here, however, has come
from other sources. IL is believed the
new United States minister to Venezeula,
MI. Thomas. who has just left for his
post is fully conversant with the German
phase of the subject. 1t is under stood,
also, that the new Grman ambassador.
who is soon to arrive, is likely TO have
Iull understanding OF Germany's desires
concerning Venezuela.