The sun. [volume] (New York [N.Y.]) 1833-1916, 1896-12-08
THE Arbitration TREATY.
Venezuela Accepts the Memorandum-OE
nciaI Copy of the A%.reement.

WASHINGTON, Dec. 7.-Venezuela has ao-
copied the arbitration as agreed upon by Score
tary Olncy and Sir Julian Pauncefote. Secre-
tary Olney has received n cab!eRram from
Minister Andrade at Caracas that the memoir
andum between Great Britain and the United
Statos for the settlement OF the boundary Ques-
tlon is accepted by the Venezuelan Governments;
that the memorandum will be published at
Caracas this afternoon. and that an extra session
of the Venezuelan Congress will he called as
soon as possible in order that the memorandum
may be carried into effect by the necessary treaty
between Great Britain and Venezuela. This
cablegram has brought out from the Depart
mcnt of State the authentic copy OF the agree
ment. The official text varios slightly and inn
materially from the version given in last nights
dispatches. The full text OF the memorandum
10 as follows:
Heads of proposed treaty bet,ceen Venezuela
and Great Britain for settlement Of Venczuelo
boundary question as agreed upon bettreen Great
Britain and the United States.
II. An arbitral tribunal shall be Immediately
appointed to determine tho boundary line be-
tween the colony OF British Guiana and the re-
public of Venezuela.
III. The tribunal shall consist of two MEM
bers nominated by the Judges of the Supreme
Court OF the United States and two members
nominated by the Judges OF tho British Su-
preme Court of Justice. and OF a fifth jurist
selected by the four persons so nominated. or,
in the event of their failure to agree within
three months, from the time of their nomina-
ton. selected by his Majesty the King OF Swe-
den and Norway. The person SO selected shall
be President of the tribunal. The persons NOM
mated by. the Judges of the Supreme Court of
the United States and OF the British Supreme
Court Of Justice, respectively, may be judges of
iii. The tribunal shall investigate and as
certain the extent OF the territories belonging to
or that might lawfully be claimed by the United
Netherlands or by the Kingdom OF Spain. re-
spect,Ts.y; at the time OF the aGquisition By
and shall determine the boundary line between
the colony OF British Guiana and the republic
of Venezuela
Nv. In deciding the matters submitted the
arbitrators shall ascertain all the facts which
they deem necessary to n decision OF the con-
troversy and shall be governed b. tho following
rules. which have been agreed upon by the high
contracting partie as rules 10 be taken as appli-
cable to the case, and by such principles of in
ternational law not inconsistent Herewith as
the arhltrntors shall determine to be applicable
TO the case:
"(a.) Adverse holding or prescription during
a period OF fifty years shall make a good title.
Tie Arbitralors NAV deem exclusive political
control OF u district as well as actual settlement
thereof sufficient to constitute adverse holding
or TO make title by prescription.
"(bJ The arbitrator may recognize and give
effect to rights and claims resting on any other
ground Whatever. vas1ed according to interna-
tional and on any principles of international law
which the arbitrators may deem to be applicable
to the case, and which are not in contravention
OF the foregoing rule.
"tc.J In determininglthe boundary line. II
territory OF one party be found by the tribunal
occupation of the subjects or citizens OF tho
other party. such effect shall be given to such
occupation as reason, justice, the principles Of
shall. In the opinion ofthe tribunal. require.
RICHARD DLSEY.
JULIAN PAUNCEForA