Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1897-09-01
rINANons onrrINo WORSE.

FINANCES GETTING WORSE.
The tiushoial condition Ia Nlcara.
qua seems to be growing worse instead
" better; 40 per cent anu more pre-.
MUM IL now nered, and apparently
without takers, for reliable bills OF ex-
change. Nearly all American coins
nave bsen placed on Baie rs bullion,
anu people are hordeing the 20 ceut, 10
cent aud cent sovere,gDs oil Nicats-
qua. Not one one OF these coins IL
worth SO per cent.
The government IL considering the
following proDositiont: Fret, that OF
este ishiLg bpnco hipOtecayto to
Issue paper moncy based on the esti-
mated value OF real estate; sscOud, the
passage OF legislation which viii alluw
the government to iseue 81 0O0. 900 Ol
paper money to be- guaranteed by
100000 pes.s silver inrulsbeu by
Europeans; third, the Introduction OF
ut arbitrary system Of taxation winch
will compel real estate holders to be.
come guarantors of such an amount oil
pager money MS n commission APP
poIuteJ by the jvernment OF Nicata-
qua may determine.
INSPECT A RAsCALLY SCHEME,
In the meantime the people OF
N icafagus are appaIently becoming
very Restless and they are xnioiting
as much dissatisfs ction as possib BILE
under The existing government.
Many peTsous believe the govern
ment is hoardiag silver for the lur.
pose OF being able to sustain itself In
power In the event oil breathing OF
thieateIei revoiu,i II OF In case wa,
should occur with COSTA II ca. Others
assert that The President of n cAtagus
has arr,nsei to hoard money IN
Europe, hop ny to live Ike wealthy
European prince whcn II 10 impossi.
BILE for him to longer remain In power.
PECULIAR BOUNDARY DISPUTE.
Hon. }. b. RiIrigdsz, envoy extra.
ordinary suu minister p!enipOisniiary
OF the Greater Rspublic OF Central
America to the United States, has
Visited In this city and left recently
lor San Juan del Norte, Tor tbs pur.
poee OF pleading before Gsp. Alexsn.
der, the arbitrator appointed by Pr 81.
dent Cleveland to determine the
merits OF the controversy over the
eastern commencement OF the bOun.
Jury UctWuoh SUsta iNluh huu ~ 10 4.
rsgua. This difficulty grew out OF the
declaration in the tresty OF April,
1858, Letwsen COSTA r CT ami Mica.
ragus 10 the eff ct that tue eastern ex.
tension OF the Uoun larry between the Sc
two countries should be The channel
where tue II % Juan del Nofte enters
The sea. Tue trouble Ia tnst the chan.
mel Of the river 10 now several miles to
tue south (Cosls Rica) OF where 1t was
IL 1858,
Nicaragua claims the present exit,
while Costa Rica claims the outlet as
It existed In April, 1868.
While the engineers sent by both
countries for the purpote Of marking
the boundary from ocean 10 ocean were
discussing the question before General
Alexander in May, 1897, u storm
opened wlJe md de y tue channel as
1t existed 10 April, 1858. A few days
later the channel OF April. 1858, again
flied up with sanu anu the course Of
the IivsT was again "ahacted to the
channel as claimed by N caragua. II
the channel OF 1858 is ueoided by Gsn.
Alexander TO be the true boundary,
tnsn the eastern mouth Of the canal
as PROTECTED by Engineer Men0oal will
be- entirely in Costa RIGA.