New-York tribune., 1902-12-04
JOHN B. DRYDEN.
PUNITIVE STEPS TAKEN.
ENGLISH AND GERMAN WAR
SHIPS MENAC CE VENEZUELA.
DELEGATES OF THE SOUTH AMERICAN
REPUBLIC IN LONDON AWAIT
NEWS OF THE ATTITUDE OF
THIS COUNTRY.

THIS COUNTRY.
London. Dec 3-Great Britain and Germany
according to official statements here, have be-
gun punitive measures against Venezuela Ger
! man war vessels, it is said, are already on the
scene of the contemplated action. and Great
Britain by tomorrow should have a squadron
there capable of coping with any resistance
Venezuela might Offer
Meanwhile the best information is that no def
mite answer has yet been received from Wash
ineton hv the fnanciers here who want to
bring about a pacific settlement An important
communication way the other is ex-
pected from Washington Tomorrow. II the
United States will give its moral support TO the
request that Venezuela be allowed time to fulni
the suggested bargain, the plans will at once
be submitted 70 tn, British Foreign Office If
Washington refuses to suggest that Venezueia
be allowed time. 1t is probable that the tnanclal
house now interested will drop the plan alto
gether In the latter alterna tive the Venezuelan
delegation here is likely to submit the plan for
q settlement to the British and German govern
ments. with al application for time to enter
into NEGOTIATIONS with other financial interests.
The Venezuelan delegates maintain that their
status has been seriously affected by the adop-
ton of the aggressive measures announced TO-
day but they say that IL would be obviously
bad policy in spite OF the critical position OF
their country. to make any suggestion to Eu-
rope until the attitude of the United states,
both as a Joint creditor and a largely interested
political power, had been ascertained- The AS
socated Press is in a position to state that
Venezuela offers the payment a. unified loan
of more than 100000 interest yearly, guar
anteed by the customs, with the establishment
of European bank at Caracas to superintend
the collection. The plan is on a basis similar TO
that on which Brazil satisfied her European
creditors If such method is followed, the Venez-
uelan delegates say. all claims can eventually
be met. whereas the temporary seizure u ne
customs would disturb the commerce of the
country as practically TO render it Impossible
to satisfy the European bondholders and would
bring also the danger of another revolution
All these details are still unknown the
powers which have ordered their warships to
Venezuela.
In spite of the announcement of Joint action
by Great Britain and Germany, Downing Street
exhibits not a little perpexity over the Berlin
dispatch of December 1. announcing that Presi-
dent Castro had handed to the German Minister
at Caracas written acceptance of part of Ger
many's claims sufficiently comprehensive to
delay the presentation of a joint ultimatum by
Germany and Great Britain, If not rendering 1t
altogether unnecessary. and also stating that it
would be satisfied. Not The slightest official in
formation to this effect has reached London.
BRITISH SHIPS GO TO VENEZUELA.
Hamilton Bermuda Dec. 3-The British sec
ond class cruiser Retrbution sailed for Venez-
uela yesterday and the second class cruiser
Charybds, the sloop of Alert and the tor
pedo boat destroyer Quail followed to-day The
second class cruiser Tribune, and the first class
cruiser Ariadne under orders to proceed to
the same destination.
FOR INTERVENTION BY THIS COUNTRY.
Port t-of Spain Dec. 3-Agents Of the Ven
eZuelan insurgents in Trinidad say that new
plan of campaign has been adopted, and that
the centre of the republic will in the future be
the scene of operations which. they declare. are
certain to result in the entry of General Matos
into Caracas. This was also the revolutionists
idea when they attacked by President
Castro at La Victoria, where they were defeated
though il is asserted that their retirement was
due to a change of plans The truth seems to
be that the revolutionary party is without
capable direction. in Venezuela. The subordi-
mates of General Matos advised him to leave the
country and permit him to conduct the military
opera tions, but the revolutionary generals, in
important instances Jealous of each other.
General Ferrera holds Cudad Bolivar inde-
pendently. having received no support from
General Matos.
Venezuela is heartily sick of the revolution
and wants peace A feeling is developing, espe-
ciay among the commercial interests which
have been graveiy injured by the long period of
unrest. in favor of the Intervention of the
United States. This Is not acceptable to Presi-
dent Castro the CHIEFS of the revolution, who
are hostile TO any move the part of Washing
ton to interfere with their plans.
HAS NOT ASKED GUARANTEE FOR LOAN.
Al the office of J. & W. Segman g. Co it
was said yesterday that contrary to the general
report, the firm had not asked the United States
Government to guarantee a Venezuelan loan or
the interest such loan. The firm had been
asked by certain European interests to act for
them il was added but the nature Of the propo-
stion supposed to have been submitted by Isaac
N Segnan to the Washington authorities d le"
days ago could not be ascertained
THE EVERYDAY TRAIN TO CALIFORNIA
The electric lighted Overland Limited. leaves
Chica go 500 D. rI via Chicago and North esteIn
Union Pacific and Southern Pacific Railways. Or