The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1897-09-02
A REyoLuTIos IMPENDING.
Cheap silver Puts Nicaragua In
Trouble-The Boundary Dispute.

CORRESPONDENCE Of the Associated Press.
MANAGUA. Nicaragua Aug. 1s--Rs-
ports are current OF conspiracses and
threatened revolutions against President
ZeIaya's government. These reports come
from the civil departments of Rfyas.
Granada and Matralgapa- II Is also re-
ported that President Zelaya has received
letters threatening him with asSassiBa-
tlon. These troubles are said 10 be due
TO the very bad financial condition OF
Nicaragua. oppressive military govern
nent. and the extraordinary expenses in
currei in keeping under pay large num-
Der OF soldiers, policemen. detectives and
spies.
The financial condition in Nicara qua
seems 10 De growing worse instead of bet
ter 10 per cent. and more premium IS
now offered, and apparently without
takers. for reliable bills of exchange.
Nearly all American coins have been re-
ported for sale as bullion. and parties are
boarding the 2o-cent. Decent and scent
sovereigns Of Nicaragua and the soles OF
Honduras. Not one OF these coins con-
tains more than s. per sent. silver. The
government OF Nicaragua is considering
three propositions for relief:
First-That of establishing a banco
hipoleavio to issue paper money based on
the estimated value OF real estate.
Second-The passage of Legislation which
will allow the government to issue 81 coo :
600 of paper money. TO be guaranteed by
5oo,oao pesos silver furnished by Euro
peans.
Third-The introduction of an arbitrary
system OF taxation, which will practically
compel owners of real estate in Nicaragua
TO become guarantors TO the state of such
an amount OF paper money as a commits
sion appointed by the government Of Mica
ragua may determine.
In the meantime the people of Nicara-
qua are apparently becoming more rest
less. Many persons believe that the gov
eminent itself is boarding silver for the
purpose of being able 10 sustain itself in
power in the event of revolution or in
case war should occur with Costa Rica.
Others assert that the president of Mica
ragua has arranged to hoard money in
Europe, hoping to live like a wealthy
European prince when removed from
power.
Hon. J. r. Rodriguez. envoy extraordi-
nary and minister plenipotentiary of the
Greater Republic of Central America TO
the United States, has been visiting in this
city. and left recently for San Juan del
Norte for the purpose of pleading before
Gen. Alexander. the arbitrator appointed
by President Cleveland to determine the
merits of The controversy over the east
ern commencement of the boundary be-
tween Costa Rica and Nicaragua.
The treaty Of April. 1853, between Costa
Rica and Nicaragua declared that the
eastern extension of the boundary should
be the channel where the Rio Juan del
Norte enters the sea. The channel is now
several miles TO the south OF the Costa
Rica side of where Ii was in 1858. Mica
ragua claims the present exit, while Costa
Rica claims the outlet as ii existed in APP
ril. 1858. While the engineers sent by both
countries for the purpose of marking the
boundary from ocean to ocean were dis
GUESSING the question before Gen. Aiexan-
der in May. 1897. a storm opened wide and
deep the channel as it existed in April,
1885, A few days later the channel of
1858 again filled up with sand, and the
course of the river was again DETECTED
to the channel as claimed by Nicaragua.
II the channel OF 1858 is decided by Gen.
Alexander TO be the true boundary line,
then the eastern mouth of the canal, as
projected by engineers, will be entirely in
Costa Rica.