The Indianapolis journal., 1896-11-14
VENEZUELA AGREEMENT
TERMS OF CONVENTION BETWEEN
UNCLE SAM AND JOHN BULL.
To BE the Basis of n Treaty Between
Great Britain and the South
American Republic.

LONDON. Nov H--The Chronicle this
morning publishes summary of the agree
ment for the settlement of the Venezuelan
dispute between the United States and
Great Britain adding merely: This mo-
mentous news reaches too late for edi-
torial comment" The agreement as pub
lished by the Chronicle, is very short. COW
ering only two pages of printed matter, as
given out, and Is entitled Heads of the
proposed agreement between Venezuela
and Great Britain for the settlement of the
Venezuelan boundary question, as agreed
upon between Great Britain and the United
States''
There are four separate heads to the
agreement. The first head provides for the
appointment of an arbitration tribunal to
determine the boundary between Vene-
zuela and British Guiana. The second
head provides for the appointment of a
tribunal consisting of two to be nominated
by the Justices OF the Supreme Court of
the United States, two to be nominated by
the British Supreme Court. and the fifth.
jurist, to be selected by the other four
In the event of their failure to agree, Os-
car II, King OF Sweden and Norway, is to
select the fifth member. This fifth member
may be Judge of the said courts. and he
will preside over the tribunal as its head.
The third head of the agreement directs
that the tribunal shall investigate all the
facts necessary to decide the controversy
as to the extent of territory known 10 be-
long, respectively, to the United Nether-
lands and to Spain at the date Great Brit
ain acquired Guiana. The fourth head pro-
videS that the arbiterS shall ascertain all
the facts necessary TO arrive at a proper
decision, and shall be governed in their
ndngs by three shSrt rules he moS bdd
ings OF prescription of nifty years snail
make good the title. The arbiterS are en-
siye eefb b 10 ordnery rSes Of
law shall prevail. The agreement is dated
Nov. II. and is signed by Mr.. Olney and
Sir Julian PauncefOte. The agreement will
be the basis of treaty to be concluded be-
tween Great Britain and Venezuela In
fact. it will be treaty in itself, only re-
quiring clauses to be added relating to the
procedure, the compensation of members Of
the tribunal and other minor routine mat
ters.
The Chronicle has a dispatch from Wash
ington which says that Mr.. Olney has
urged Senor Andrade, the Venezuelan min
lister there, to go to Caracas to get Presi-
dent Crespo and the Venezuelan Congress
to accept the agreement. This dispatch
also says that Mr.. Olney advised the re-
sum ption of diplomatic relations with Great
Britain by Venezuela.
The Berlin correspondent of the Times
telegraphs to his paper as follows: The
Venezuelan settlement has apparently
caused misgiving in Germany Ihe views
sion in an article from the Kolnische
Zeitung. which Is reproduced with approval
by the Nord Deutsch Algemeine Zeitung.
the Official organ. This article asserts that
England first allowed herself to be bullied
by the Americans into consenting to the
Venezuelan commission. and has now ac-
cepted the Monroe doctrine. Therefore. the
American newspapers are not entirely
wrong In speaking of England's submis-
sion. We wish to take the first opportunity
to declare adds this officially-approved
article. that the precedent is only Eng
lish. and in no way European. Germany. at
least, will never tolerate the intervention
of foreign states i'm the protection of Ger
man interests in South and Central Amer
fca.'"