Delaware gazette and state journal., 1902-12-11
HOW JHE CRISIS DEVELOPED.
Washington Was Assured rhere Would h
No Permanent Seizure.

Washington Was Assured rhere Would he
No Permanent Seizure.
Germany first indicated her purpose
to press the payment Of her claims
against Venezuela about the beginning
of the present year, at which time
Secretary Hay and Herr Won Holleben,
the Gdrmati Ainbassador at Washing
ton, exchanged formal memoranda en-
bodying their views as to tho attitude
OF their respective governments in this
connection.
The German Ambassador at that
time disclaimed any intention Gu the
part of his government Of permanently
occupying Venezuelan territory or of
taking any other action which would
injuriously affect the interests OF the
United States in that country. 1t was
GermaHy's desire to collect just claims
held by her subjects which Venezuela
had failed to Eay, and to this end, rs
stated by Ambassador Won Holleben,
she contemplated the employment of
coetcive measures, which would go no
farther than the seizure OF the custom
houses and tho collection Of duties
until the sum required TO satisfy the
claims had been collected or Venezuela
had entered into Il satisfactory arrange
ment for their payment.
Secretary Hay assured the German
Ambassador that the United States
could offer no objection 60 tho action
contemplated by Germany, provided
there should be no attempt Mt ths
permanent acquisition of American
! territory A similar understanding has
since been reached with Great Britain
| in relation to the foroiblc collection Of
al s-,.- u sr. I1tt ttah f-,st.4 l.tF
the Venezuelan government
! Subsequent TO the understanding
| reached between Germany and the
I United States, Germany resolved to
await the outcome of .the revolutionary
] movement beaded by Gep,- Manuel. a.
Matos, SO that a final demand for the
payment Of the Gorman claims might
ne made upon u goyernment at Caracas
| which ha1 some. prespeekn fatanility.
The Matos rebellion kag lpow been
suppressed
1 The claims against Nenezuela by
subjects Of Germany and Great Britain
Z reach the considerable sum ot .aGou'
600, 000 00t, Of which amount $4,000.
7 coz, it has beeH stated, is embraced il
the list Of German claims. The Ger
man claims comprise, in the frat place
compoNnsa ton for losses sustained 10y
German sGbieats. in the secsnt Uivi
wars in Venezuela, amounting 10 sev
eral naillionslof 1plaTs; then there ar
large. sums aiue. sor goeds-suppled I,
the VeEeEnnlBn government ny GsrnHi
I marchants, and .aeyer paid for = and
, finally, thBre arc the arrears of interes
: On the SlO, eco 900 iohn of 1896, two
thirds of which was advanced by Ger
! man nnd the 1emair.derSby British an
| French Capitalists. The INTEREST," o,
| this loan is almost four years in az
rears, tho amount now duo, with tn
I stipulated provision for tho -sinkin
{ funu, being about 50, zoo, 600.
Altogether about $50, COO, COO Of Gel
man capital is now invested in Vene
zuela, ABOUT Sl5, 600, COO Icing invoste
! in railways and an equal amount
plantations and other prodnctiy
{ works, the-remGinder being engaged i
$ trade and. In the handling of Germa
x goods.
1 1t was reported rensntly that th
o New York clearinghouse of Seiigma
b d Co was prepared to lend to Ven'
It zuela s2l, COO, 0rfwfth which to satisi
Q the claims Of Germany, England an
d Fance. provided this tinanciat concer
II could seeuso sense eert Of guarantee Il
! the repayment ri the~moncy.- Isaac \