The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1896-10-22
GOT GERMAN MONEY
VENEZUELAN COMMISSIONERS MAKE
A RICl HAUL.

Germans 60 in on a German Lonn, and q
German Bank to be Established ut Car
acas-Pacific Coast shipping Interests
Tell What Foreign Subsidized Lines
Mean to Them - Ex-Secretary Foster
Going to Neutrality-suspicious. Celebrate
Nelson's Victory Funny Things IN
Italy-Forelgn News in General.
Washington, Oct 21.-Advices receiv-
ed by Minister Andrade Of Venezuela
are to the effect that the commission
sent by Venezuela to Germany has re-
turned, after accomplishing most salts
factory arrangements which bring about
IA close identity of interests between the
two countries. The main features OF TIE
arrangements are loan Of $10,ecO,OOO OF
German capital to the Venezuelan gov
eminent, ard the establishment OF Ger
man bank with a large capital at cara
cas-. The large goan comes from private
German sources but it is felt to be not
the less important in speaking the SEN
tinent of the German government to-
ward Venezuela.
The commission was headed by the
minister of public works in President
Crespo's cabinet. On reaching Berlin
the members were received with mark
ed honor by Emperor William, who con-
ferred decorations upon them. Later.
the negotiations for the loan and bank
were carried through. The president OF
the company making the loan is Herr
Krupp, of the famous gun works Of Els-
.raT a
his direction, that built the railroad from
Caracas 30 Valencia, 179 miles long, de-
veloping the interior Of Venezuela.
The loan is the result of German in
vestinents that have been made IN Ven
ezuela in recent years. Under law en-
acted some years ago, the government
guaranteed Z per cent return on railroad
investments, the purpose being to de-
velop the country. This guarantee led
10 a debt of about 100000 bohvars.
most of it being due TO the German com
psny headed by the Krupps. IN order
to pay off the debt it was determined 10
send a commission TO Germany 10 neSo-
tate loan. 1t is this commission which
mas Just returned with such successful
reports. The loan viii clear the debt
and leave a large sum for further devel-
opment. The plan Of the bank is to have
a reserve of 100000 boliyars. in which
Venezuelans can participate, thus Sc
curing cooperation between the capital
lists of the two countries.
Aside from the actual results accom-
plished, ii rs felt that the large invest
ments which Germans have made at this
time promise extensive German colonial
ton ana developed in Venezuela.
Heretofore English capital has built the
7 rfaA
ward other enterprises. 1t Is pointed
out that the security and responsible
ty of Venezuela is strongly attested
when German capitalists. who are care
full and conservative, make such heavy
investments there.
CAN'T FIGHT SUBSIDIES.
San Francisco. Oct 2L-The Chamber
of Commerce has decided to interest it
self in obtaining some protective action
from congress relating to American
shipping interests. Secretary Merry VIII
forward a memorial TO congress present.
Eng the absolute necessity of some ac-
ton in behalf Of the ocean mail steam
ship service under the national ensign.
The memorial sets forth that Japan is
Aentering the field with modern steam
ships to be operated under a subsidy law
so liberal that 5000 ton vessel with fif-
teen knots speed will be paid s31 500 for
a voyage from Yokohama to San Fran
cisco and return. 1t also calls attention
TO the fact that Great Britain already
has a heavily subsidized steamship line
between Van Couver and Japan and
China and that another is about to be
established between Van CouVer and
Australia, via New Zealand and the
Fiji islands, also calling at Honolulu.
England pays annually to mail steam
Elnip lines and auxiliary cruisers S5,03S, 4i0
and France pays S2.100,000 and with
such inducements it is Of no use for
American steamers TO compete with
them. The memorial declares that the
contest for maritime control Of the Pa
cific is at hand and asks congress to en-
act such beneficent measures as wiz per-
INIT American mail being carried by
American ships.
FOSTER GOES To HAWAII
San Francisco. Oct 2L-Private infor-
mation has been received here that eX-
Secretary of State John w. Foster will
arrive in this city tomorrow enroute for
the Hawaiian islands, oStensibly for his
health, but il is limited that he may nave
on hand business of international inn
portance. Since the eX-secretary has
ponent of international law, his services
have been sought by some of the great
est nationS'on earth. 1t is not consider
ed probable that he would journey to the
Hawaiian islands at a time when his
learning might be called into service,
unless called away on business Of great
importance
Secretary n. T. Richardson. Who was
secretary of the legation at the City Of
Mexico when Mr.. Foster represented
the United States government there. has
received brief note from Mr.. Foster
announcing his coming. Mrs. Foster
will accompany the eX-secretdry. They
have planned to spend several days in
this city where they have many friends
TAKE THAT. YOU FROGEATERS -
London. Oct. 21.-Lord Nelson's vic
tory over the combined French and
Spanish fleets on October q. 1905. was
celebrated at Trafalgar square today
with more than usual ardor. As the e.
feet OF the victory was 10 Illustrate the
plan of Napoleon 10 invade England
with. an army Of 200. 900 men. the obser-
vance of the anniversary OF the engage
ment has been regarded. particularly in
France, as likely 10 take on the charac-
ter of a demonstration calculated more
or less 10 offset the enthusiasm OF Car
Nicholas recent reception in France.