Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1902-12-13
VENEZUELA
TRIED TO SETTLE
Agents Were Sent to Europe to
Effect a Loan.
PLAN NOT YETIABANDONED,
PLAN NOT YETIABANDONED,
But Owing 10 Action Of Great Britain
Aud Germany Negotiations ut Pres-
ent Are ut standsiiii.

London, Dec. 12.-As result OF the
announcement that Venezuela mas
asked United States Minister Bowen
to act as arbitrator in the controversy
with Great Britain and Germany,
Senior Schetborgh, Venezuelan eonsui
here, tonight made an important state
ment TO a representative OF the Associ-
ated Press.
Senior schetborgh is the only repre-
sentative of the Venezuelan govern
ment in London, and he has been act
ing in concert with the members OF
President Castro's secret delegations
whose actions in ltome, Paris. Ams,er-
dam and London would form, IN the
event Of arbitration, an important part
In Venezuela's case. = Senior Schetporsh
said Npi NO bc
'There being no longer any necessity
OF secrecy with regard TO the methous
adopted by Venezuela 70 effect a set
Element Of all the foreign claims against
that country, the following facts can
be published. fllH
about six months ago President
Castro sent special ENJOYS 70 dil1ereht
European cities. entrusted With O con-
fdeptial mission having for Its object
to ascertain the state Of feeling OF the
foreign creditors of the Venezuelan re-
public and 10 try to arrive at basis
of agreement for the consolidation ana
unincation of all of yenezuela's foreign
debt including the diplomatic claims
The envoy who came to London was IN
structed to associate himself with me-
the other ENJOYS were engaged In con-
necton with other claims against ven
e2uela, especially those OF spain,
France and Italy. After considerable
negotiating In London and on the con-
tinent suggested plan OF settlement
was arrived at
subsequently the firm OF ]. & w
Selgman a. Co OF New York, and one
of the leading French banking con-
Germs promised tentatively TO support
the plan. In brief, these documents
provided as the executive Is inspired
by an earnest desire or coming 10
final settlement with all Venezuelas
foreign creditors for the consolidation
OF all debts and claims into a unified
loan. not exceeding ss0o00OO, to be
known as the Venezuelan unified per
cent loan OF 1902 4Nf
In conjunction with this plan an
International bank under European
control was 10 be established and In
terest on the loan was 10 be guaran-
teed by the customs Fiscal agents
| appointed by this bank were to be In
stalled in all custom houses and were
themselves 10 collect the interest on
the loan. II OF any time the customs
receipts proved insufficient TO meet
| this interest. the government UNDER
| took TO make good any deficiency out
| Of other revenues.
| ,'lt was considered essential 10 learn
| the attitude OF the United States. While
| the final steps were being taken the
| crisis became acute. An unofficial ef.
| fort was then made to gain the good
| offices of the United States in order to
procure for Venezuela slight extern
| sion Of time. The final arrangements
| were cabled from London to President
| Castro and were ready for presenta-
tion 10 the foreign Office pending Pres
ident Castros reply, when the news
Of the presentation Of the ultimatum
was received.
This plan by no means has been
given up, but on account OF Great
Britain and Germany's action all ne
gotiations to this end at present are at
a standstill Unless matters go TO
further extremltes In Venezuela, set
tlement upon such basis as the fore
going is still possible, The British and
German creditors or Venezuela must
eventually rely upon some financial
arrangement as the only method or
getting their money"
BOWEN'S TELEGRAM.
The foreign Office has published two
of Minister Bowen's dispatches. which
We've communicated by the state de-
partment at Washington to Ambassa-
dor Herbert and which were received
by the foreign Office last night. These
dispatches relate TO the attack upon
the German legation at Cararas, and
give Mr.. Dowen's steps TO obtain the
release OF the 81 German and
British citizens arrested In Caracas and
the announcement that all the persons
apprehended has been released.
Mr.. Bowen's first telegram Is dated
Caracas. Dec. 10. and Is as follows:
.The German legation was attacked
last night by O mob. went at once
to the governor and obtained police
protection for the German and British
legations and the promise that no fur
Their attacks by mobs would be made.
II visited the police station this morn
ing and talked with all the prisoners.
who number "a In alba Ger
mans and 10 Britishers. Some OF these
prisoners were so poor that j had to
give them money TO buy food. and four
OF them were III. expect 10 have
them liberated within an hour
D..it aA "a
understand, were arrested last evening.
TO release them today"
Dec, II, and says: f'rm
"The president Informs me that he
has RELEASED all the German and Brit
ish subjects who were arrested"
LORD LANsDOwNE TALKS.
london, Dec. 12.-Foreign secy.
Lansdowne was the principal guest az
the annual banquet OF the United club,
given tonight IN London, In speech
OF. considerable length the foreign sec
rotary touched upon the most promi-
nent topics Of the day He said he
did not believe that In any part OF the
world was Great Britain open 20 the
charge of bearing inveterate antlpathy
10 any one, not even 70 Venezuela.
III that republic" said Lord Lans-
downe. would deslst from committing
outrages upon British subjects and
British property; ~ she would pay her
Just debts. and II she would reply to
the diplomatic representations made
her in perfectly. courteous language.
there would be no need whatever Of
any quarrel.
II might add said the foreign Sec
reatry, that Venezuela should be con-
tent to put herself on a moderate allow
ance in the matter OF revolutions. In
less than 20 years Venezuela has
INDUCED in the luxury OF l04 revolu-
tons. Three revolutions In two years
seems 10 be altogether unreasonable.
Il am glad to- say that In Venezuelan
waters at this moment German and