The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1896-11-14
IT HAS -FOUR HEADS
be Numerous Provisions Of the Ven-
ezuelan Arbitration Agreement
AS EFFECTIVE AS A TREATY
Olney Now Advises Resumption Of
Diplomatic Relations between
Great Britain and the
Country I'm Question.

London. Nov. i3.-The Chronicle this
morning publishes a summary OF the
agreement OF the settlement OF the
Venezuelan boundary dispute between
the United States and Great Britain,
adding merely: This momentous
news reached us too late for editorial
comment" The agreement, as publish
ed by the Chronicle. Is very short. only
two pages of printed matter. as given
out, aud entitled, Heads OF the Pro-
posed agreement between Venezuela
and Great Britain for the settlement
OF the Venezuelan boundary question
as agreed on between Great Britain
and the United States"
There are four separate heads TO the
agreement. First, IL provides for the
appointment of an arbitration tribunal
to determine the boundary between
Venezuela and British Guiana. The
second head provides for the appoint
ment of n tribunal consisting OF two
10 be nominated by Justices OF the SUI
preme court of the United States, two
10 be nominated by the British su-
rreme court and the fifth a jurist to be
selected by the other four. In the
event of their failure To agree, Oscar.
king of Sweden and Norway. liz to Sc
lect the fifth member. The fifth MEM
her may be judge of said courts and
he will preside over the tribunal as It's
head. The third head OF the agree
ment directs that the tribunal shall In
vestigate all facts necessary to decide
the controversy as to the extent OF
territory known to belong respectively
to the United Netherlands and to
Spain at the date Great Britain ac-
qulred Guiana. The fourth head pro-
vides that the arbitrators shall ascer-
tain all the facts necessary TO arrive at
a proper decision and shall be governed
in their findings by three short rules.
the most important of which provides
that the actual holdings Of prescrip-
tion 80 years shall make good the
title. The arblters are empowered to
give effect to settlers rights. In es-
tablishing facts ordinary rules OF law
shall prevail. The agreement Is dated
Nov. ~ and is signed by MIR. Olney
and Sir Julian Pauncefote.
The agreement will be. the basis OF
a treaty to be concluded between Great
Britain and Venezuela. In fact II Will
be treaty In itself, only requiring
clauses to be added relating to proceed
ure, compensation of members OF the
tribunal and other minor routine mat
ters. The Chronicle has a dispatch
from washington which says MIR. OIL
ney has urged Senor Andrade. Vene-
zuelan minister there. To go To Caracas
to get President Crespo and the Vene-
zuelan congress to accept the agree
ment. This dispatch also says Olney
advised the resumption OF diplomatic
relations between Great Britain and
Venezuela.
London, Nov. 13.-The Berlin corre-
ST ondent OF the Times says: The Vene-
zuelan settlement has apparently
caused misgiving In Germany. The
views OF the foreign office seem to find
expression i'm an article from the X. OF
l.. Nische Zeitung. which Is reproduced
with approval by the Nord Deutch
Allgemeine Zeitung tthe official organ.)
This article asserts that England first
allowed herself to be bullicd by the
Americans into consenting To the Vene-
zuelan commission and has not ac-
cepted the Monroe doctrine. There
fore, the American newspapers are not
entirely wrong in speaking OF Eng
lsnd's submission. I'VE wish to take
the first opportunity to declare" adds
this officially approved article. that
the precedent Is only English and Is In
no way European. Germany. at least.
will never tolerate the Intervention of
a foreign state in the protection OF
German interests In South and Central
Atuerica 4"