The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1897-09-02
HHREATENIuGS
OF REVOLUI 'ION
Nicaragua on the Eve
of a Fierce Politi-
Cal UpheaVaI.
DepIorable Financial Condi-
ton of the Country the
Cause.
President zelaya CheerfulIy AS
sured of His Own Approaching
Death.
Correspondence of the Associated Prss.l

MANAGUA, NICARAGUA, Aug. 18.-Re-
ports are current OF cons piracies and
threatened revolutions against President
Zelaya's government. These reports come
from the civil departments of Rivas,
Granda and Matuafgapa. 1t is also re-
ported that President ZeIaya has received
letters threatening him with assassin nation.
These troubles are said to: be due to the
very bad financial condition of Nicaragua,
oppressive military government and the
extraordinary expenses incurred in kee p
ing under pay g large number OF soldiers,
policemen, detectives and spies.
The financial condition in Nicaragua
seems 10 be growing worse instead of bet
ter; 10 per cent ard more premium is
now offered and apparently without takers
for reliable bills OF exchange. Nearly all
American coins have been exported for
sale as bullion, and parties are hoarding
the 20-cent, 10-cent and Scent sovereigns
of Nicaragua and soles of Honduras. Not
one. of these coins contains more than IS
per cent of silver. The Government of
Nicaragua is considering three PROPOSE
tons for relief:
First-That of establishing a bank to
Issue paper money based on the estimated
value of real estate.
SecOnQ-1ne passage OF legislation
which will allow the Government to issue
81 900. 900 of paper money to be guaran-
teed by 500, 600 pesos silver furnished by
Europeans.
Third-The introduction of an arbitrary
system of taxation, which will practically
compel owners of real estate in Nicaragua
10 become guarantors or the state to be-
come a :guarantor of such an.amount of
paper money as commission appoin ted
bv the Government Of Nicaragua may de-
termiue.
In the meantime the people of Near
aqua are apparently becoming very rest
less, and they are exhibiting as much dis
satisfaction as possible under the existing
Government.
Many persons believe that the Govern
ment itself is boarding silver for the pur-
pose of being BILE to sustain itself in
rover in the event of a breaking out of q
threatened revolution or in case war
should occur with Costa Rica. Others
assert that the President OF Nicaragua has
arranged to hoard money in Europe, hop
ing to live like a wealthy European prince
when it is impossible for him TO longer
rem ain in power.
Hon. J. Is. Rodriguez, Envoy Extraordi-
g nary and Minister Plenipotentiary of the
Greater Repu bic of Central America to
the United States. has been visiting in
this city and left recently for San Juan del
NOTI6 LOT ttlc pull pose O4 RlcdQAuS Dt1OTc
General Alexander, the arbitrator APP
l,einted by President Cleveland 10 deter
mine the merits of the controversy over
the eastern commencement of the boun-
dairy between Costa Rica and Nicaragua.
This difficulty grew out Of the declaring
in the treaty OF April, 1858, between Costa
Rica and Nicaragua, 70 the effect that the
eastern extension OF the boundary be-
tween these TWO countries should be tie
channel where The Rio Juan del Norte
enters the sea. The trouble is that the
channel of the river is now several miles
to the south of Costa Rica, where it was
in 1858. Nicaragua Claims the present
exit, while Costa Rica claims the outlet
as it existed in A pril, 1858. While the en-
Cineers semi by both countries tor the pur-
pose of marking the boundary from ocean
to ocean were discussing the question be-
lore General Alexander in May, 1897 a
storm opened wide and deep the channel
as it existed in April, 1855. A few days
later the channel OF April, 1853 again filled
up with sand and the course of the river
again detected to the channel as claim ed
by Nicaragua. II the channel OF 1853 is
decided by General Alexander to be the
true boundary. then the eastern mouth of
the canal, as projected by the engineers,
will be entirely in Costa Rica.