The Montgomery advertiser., 1902-12-04
WARSHIPS ARE ON HAND
England and Germany Will
 Crush Any Resistance.
Venezuelan Delegates Now in Europs Have Plan of settlsment-wash- ington Expected to Make Its
 Position Known Today

London, Dec. a-Great Britain and Ger. many, according to official statements made here, have commenced punitive measures against Venezuela.
 German war vessels, it Is stated. ars already on the scene of the contemplated action, aud Great Britain by tomorrow should have a squadron there capable of coping with any resistance that venexueia might offer.
 Meanwhile, the Associated Press oorre- spondent is informed. no definite answer has been received from Washington by the financlers here who wish to bring about pacific settlement. An import ant communication one way or the otner is expected from Washington tomorrow.
 If the United States is willing to guar antee its moral support to the request that Venezuela be allowed time to fufnll the suggested bargain, the plans thereof will at once be submitted to the British Foreign once.
 Depends on Washington.
 If Washington refuses to suggest to th. European pow CTS that Venezuela be aI- lowed time, it is probable that the fnan- cial houses now interested will drop the plan altogether. in the latter aiferna- tive, the Venezuelan delegation here is likely to submit the suggested settlement to the British and German Governments with an application for time to admit Of their entering into negotiations with oth- CT financial interests.
 The Venezuelan delegates maintain that their status has been seriously affected by the adoption of the aggressive meas ures announced today, but they declare that 1t would be obviously bad policy. in spite of the critical position of their coun- try, to mako any suggestion to Europe until the attitude of the United States. both as joint creditor and largely irl- terested political power. had been ascer- tained.
 The Associated Press correspondent Is if, position to state that Venezuela offera the payment on a unified loan of over $,OO0Oo0, interest yearly. guaranteed by the customs, with the establishment of a European bank at Caracas to superin- tend the collection. The whole plan is on basis similar to that on which Brazil satisfied its European creditors.
 Could Meet the Claims.
 If such method Is now followed, the Venezuelan delegation maintains that all claims can eventually be met, whereas it dueseS that the temporary seizure or the customs woud so disturb the commerce of the country as to practically render it impossible to satisfy the European bcndholders and would bring with 1t the danger of another revolution.
 An these details are still unknown to the powers who have ordered their war ships to Venezuea.
 In spite of joint action by Great Bri- tain and Germany. the British ministry exhibits not a little perpIexity over the Berlin dispatch of December 1, announce ing that President Castro had handed to the German Minister at Caracas a writ- ten acceptance of parts of Germany's claims, sufficiently comprehensive to de- lay the presentation of joint ultimatum by Germany and Great Britain, if not rem dering it altogether unnecessary, and also stating that 1t was understood that Great Britains demands would be satis- fled Not the slightest official information to this effect has reached London.