The times. (Owosso, Mich.) 1882-1897, 1895-05-03
NICARAGUA WILL PAY
SHE MAKES ONE IMPORTANT CON-
DlTlON, HOWEVER.

That the British Fleet Withdraw from
Co,into Before the Money Is Paid-Brit'
the Point.
WASHINGTON, May 1.-The following
has been received from Managua. the
capital of Nicaragua, "rhe Nicaraguan
government has formally decided to ac'
cede to the compromise proposition for
the settlement of the pending trouble,
and this decision has been communicated
to the authorities at Washington and
London. According to this. proposition
Nicaragua agrees to pay the 215,5 In
London fifteen days from the time the
British ships leave the harbor Of Corinto.
1t now remains for Great Britain to
agree to this condition. The govern.
ment's course Is regarded as shifting on
Great Britain all further responsible.
ity for the trouble The most positive as.
surances of the prompt payment OF the
money have been given, SO that there may
be no question of uncertainty on this
point"
John Bull Is Obstinate Now.
This dispatch is accepted by officials
here as summing up the latest status
of the subject Attention is now
directed to London to see whether the
condition of immediate evacuation will
be granted At the state department the
news was seemingly expected, though no
direct advices had been received by the
department.. In fact Minister Baker Is
now in Costa RIGA, and there is very little
communication between this government
and the legation at Managua. 1t was
learned at the department that the 40.
ceptance by Nicaragua of the terms which
have been proposed does not mean that
the affair is settled 1t is understood that
Ambassador Bayard throughout the con
troversy has had to encounter the diff.
ficulty which is still presented. The
British government wants the money
paid in the presence of the British fleet at
Corinto.
The Peacemakers Have Hopes.
1t is hoped, however, that the offer
(which was made at the suggestion of the
United States) which Managua advices
say has been satisfactory to the Nicara.
guam government will be agreed to by
Great Britain, though no assurances to
this effect have been received. 1t appears
In this connection that the threat of revo.
luton in Nicaragua has given the United
States an opportunity to urge with moro
force peaceable settlement of the present
difficulty, as such result Of the British
occupation might seriously threaten the
lives and property of United States citi.
zens. AS to the possible arbitration of
the remaining questions in dispute be.
tween Great Britain and Nicaragua 1t Is
understood that the United States expects
to be represented
Another Doctrine Established.
Notwithstanding the United States have
acted in no other way between Great Brit.
ain and Nicaragua than they would be-.
tween any other two nations it can be
safely predicted that they will not under
any circumstances permit any European
government to attempt by the display of
force to collect moneys owing by the
South and Central American states to in.
dividuals on account of moneys loaned
In 1881 Secretary Blaine wrote to United
States Minister Noyes at Paris, at time
when the French government was about
to undertake q demonstration against
Venezuela to force that country to meet
payments to French bondholders on &C.
count of the national debt, that the gov
eminent of the United States would re.
gnrd with grave anxiety an attempt on
the part of France to force by hostile pres.
sure the payment by Venezuela of her
debt to French citizens.
Will BE a Great Comfort to Them.
This will be a great comfort to these
"annual revolvers." They borrow money
in European markets-they don't borrow
1t in the United States-and then keep
themselves so everlastingly in state OF
revolution that they can never pay their
debts-principal or interest. Europe
has supplied the money to construct
about every modern improvement in Cen.
trail America, and large portion of 1t
might as well have been sunk in the
ocean But that is the lookout of the
people who lend There is no interna.
tional law that would justify nation in
undertaking to collect private debts.