The Hocking sentinel. [volume] (Logan, Ohio) 1871-1906, 1902-12-25


settlement with Great Britain. Germany
and Italy. The attitude Of the powers
| Friday was about NJ follows
Great Brilain-Wil welcome
arbitration aud will not insist ga
the United States guaranteeing
payment 10y Venezuela.
Gcrmany-Will consider arbi-
trniion. but wants u specific rinr-
nnter ~ to payment and time of
| payment.
Iinly-Will accept anything
Great Britain and Germany agree
10.
The reply Of Germany in not so salts.
factory ny that Of Great Britain. The
British government would welcome arbi.
trntion II IL could he satisfactorily ar.
ranged. Germany recognizes the princi.
| pie Of arbitration. but before asserting;
Ia IL and entering on arbitration wants
many things settled In advance.
For instance. Germany wants any
claim that may hc held by the arbi.ra-
tors 10 bc guaranteed or If not guaran-
tecd she wants Ia know definitely where
the money is to come from Ia pay the
claims who is "a provide il and when
il il to bc paid. She is expected 20 in
sist on indemnity for her operations in
Venezuela and an apology and possibly
an indemnity for the assault on her lcga-
tion in Caracas.
Italy's reply asscnis To arbitration. hut
her assent is contingent upon previous
acceptance by Great Britain and Ger
many.
Task IL PerpIcIing.
The difficulties in the way of bringing
all Of these powers into accord and Civ
ing them some assurance that they will
be- able to collect anything under the
arbitration. are for the present not re-
earlcd as great. Ii is Il task even more
pcrplcxing than that which confronted
the allied powers in China two years ago.
Venezuela is without friend and Lns
been without II stable government for
many years. Venezuela can guarantee
nothing: the United States will guaran-
tee nothing.
Stories that the United States is will
ing to go further than 10 promise any
syndicate that chooses TO finance Ven
Pzuela's debt that we will use our iiplo-
maiic Offices to see that the money is
paid back. Washington correspondent
says. are pure fabrications.
There is something almost threaten
ing in the German position that the
coercive measures must go OH unless the
United States can present some form Of
guarantee that the debts will be paid.
This brings the Monroe doctrine up in 4
slightly new form.
Venezuela could easily pay through
selling territory or yielding sovereignty
To European power. The United States
will not permit Germany or any either
European power To acquire territory in
Venezuela. Why. then. Germany may
ask, should not the United States guar
antec the debts of Venezuela! The Unit
ed States says the debts are something
with which she has no concern. Grea.
Britain. of course. in the end. is expected
to stand with the United States.
The Washington administration has
been using its best influence to advance
arbitration. and n voluminous correspon-
hence has been carried on by cable.
England and Germany have had it
made clear To them that the United
States will defend the Monroe doctrine
at all hazards. and the movement of
Dewey's warships to closer proximity
TO the Venezuelan coast. while not meant
ms Il threat. may be accepted as a warn
ing that the President meant what lie
said in his message: The Monroe doc
trine should he treated as the cardinal
feature of American foreign policy; but
it would be worse than idle to assert it
unless we intended to back it up. and it
can be backed up only 10y a thoroughly
good navy