New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1896-02-29
ZELAYA SAID TO BE GAINING
LOANS REPORTED TO BE OFFERED TO
NICARAGUAS PRESIDENT.

coRIyTO STILL IN STATE OF SIEGE-RESULT OF
THE VICTORY OF THE GOVERNMENT FORCES
IN NAGARoTE-soME PROBABLE CAUSES
OF THE REBELLION.
Colon Feb 2s-Advices from Corinto. Mica
ragua show that the state of siege in that city
continues.
CAPITALISTS are said TO have offered loans 10 the
Government and this is taken as an indication
that President Zelaya's position is strong one
and that he will be able promptly TO quell the re-
volt. On the other hand. the rebels assert that
these offers OF money partake more of the nature
of forced loans than Of voluntary giving or
funds to support the Government, though they
admit that some capitalists may advance money
with the idea OF securing valuable concessions in
return.
The victory Of the Government forces al Maya
rote has caused many who WAIVER TO give their
adherence to President Zelaya.
While many dispatches daily received relating
the divers incidents of the rebellion now in progress
In Nicaragua. no information is vouchsafed in re-
gard to the possible causes of that rebellion. A
little light the subject may be derived from an
editorial recently published in the "Diario de
Nicaragua" the official paper of that Central Amer
ican republic President Zelaya had opened. under
very favorable auspices. January l, the session
Of the National Congress. Among other declara-
Con of his message. presenting favorable picture
G. the general affairs of the country. he inserted
q highly complimentary paragraph In honor OF the
United States. In his narrative of the struggle
whicr Nicaragua had to sustain against England
in regard TO Mosquito territory. and also about
the British occupation Of Corinto. Senior Zelaya
said:
The great Republic of the United States OF Amer
Tea rendered us kind offices in the conflict raised
in Nicaragua by the British policy. and TINS mas
revived the sympathy OF the Nicaragua people
toward that Nation
II was only few days after the reading of
President Zelayas message TO the Nicaraguan Con-
Cress that the official ''Diario" in answer to rumors
afloat. published the editorial. which may explain
the motives of pretext for the actual rebellion
Here ar, few extracts translated from that aru-
Gle:
For some days past rumor has been spreading
10 the effect that the government of General
Zelaya will proclaim the dictatorship. The anxiety
which that rumor. daily repeated and commented
upon has caused among the public has been in,
creased by the information given to the readers OF
the pueblo in regard to the situation This
paper affirmed that the President was thinking OF
person designa ted by the law to finish the Presiden
iia term. fixed by the Constitution Inc
difficulties for the good progress OF the al,
min!sration, some friends OF the Goverhmennt
wished to have dictatorship proclaimed wni ie
the necessary amendments could be introduced In
the Fundamental charter. But after discussion
Of the subject il resolved TO explain the ques
tive of the nation should decide what is the most
convenient 20 ITS interests AS 10 the retr
the charge of directing its destinies. and giving
IS obliged 10 continue in his office no matter what
be the obstacles TO be met and private sacrinces
10 be made in the difficult management Of the pub
lie administration. He shall resign the Presidency
only when called upon to do so by high MOVIES OF
social convenences and by the voice OF PATRIOTISM