The Montgomery advertiser., 1902-12-13
WASHINGTON NERVOUS OVER
 THE VENEZUELAN MAIIER

other claims against Venezuela, especially those in Spain, France and Italy.
 After considerable negotiating in Lon don and on the continent, suSgesteo plan of settlement was arrived at Supse- ouently the firm of J. and w. Sehgmah S. Go. of New York and one of the lead ing French banking concerns promised tentatively to support the plan. In prleI these documents provided 'as the execu. tive is inspired by an earnest oeslre oi coming to a final settlement with all ven ezuela's foreign creditors TOT this con soIidation of all debts and claims into unified loan, not exceeding $s,0Oo,Ooo to he known as the Venezuelan unified per cent. loan of 1902
 "In conjunction with this plan, an inter- national bank under European controi was to be established and interest on the loan was to be guaranteed by the GUS toms. Fiscal agents appointed by thls bank were to be installed in all custom houses and were in themselves to collect the loan. If any time the custom receipts proved inusufficient to meet this interest the government undertook to make sood any deficiency out of the revenues.
 ''It was considered essential to learn the attitude of the United States. While final steps were being taken the crisis became acute. An unofficial effort was then made to gain the good offices Of the United States in order to procure Tor Venezuela a slight extension or time. The final arrangements were cabled from Lon- don to President Castro and were reaoy for presentation to the Foreign Once pending President Castros reply when the news of the presentation of the ultf- matum was received.
 'This plan by no means has been given
 A nnRnftaf10nG to this end at present are at c standstill Unless matters go to further extremities in Venezuela settlement on such basis as the foregoing is still possible. The British and German creditors of Vene- zuela must eventually rely upon some financial arrangement as the only method of getting their money.
 The Foreign Office has published two of Minister Bowen's dispatches which were communicated by the State Department at Washington to Ambassador Herbert and which were received by the Foreign ofice last night. Those dispatches relate to the attack upon the German legation at. Caracas and give MT Bowen's steps to obtain the release of the ffty-four German and British subjects arrested in Caracas and the announcement that all the persons apprehended had been re- leased.
 MT. Bowens first telegram is dated Ca- racas, December 10, and is as follows:
 The German Legation was attacked last night by a mob. I went at once to the Governor and obtained police pro- lection for the German and British Le- gations and the promise that no further attacks by mobs would be made. l visited the police station this morning and talk ed with all the prisoners, who number | fifty-four in all, forty-four Germans and | ten British. Some of these prisoners were so poor that had to give them money to | buy food and four of them were i'll. expect to get them liberated within an | hour.
 "AH British and German subjects in Venezuela, I understand, were arrested | last evening I shall see the President and urge him to release them today
 The second dispatch is dated Caracas, | December H. and says:
 "The President informs me that he had released all the German and British sub- | jects who were arrested"