Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1902-11-29
VENEZUELA IS
COMING TO Time
|aturlng Plans to Satisfy Claims
Of Foreign Powers.
lead OFF DEMONSTRATION.
\sir Cist VIII First be Made Known
To United ststes-Is Not SPAR
ring for Time.

kondon, Nov. 2S,--The Associated
3 |press learns that important steps were
<oken in London today with a view to
<.aitsfving all the financial and diplo-
.51sfio claims by foreign powers ana
knndholders against Venezuela, IL Is
>naintained that, IL the contemplated
action meets with approval Germany
2rId Great Britain VIII have no cause
% take the vigorous steps now contem,
i1iated. The details OF the suggested
eetflement have not been communicated
"a The European governments as yet
ThcJr glst will be made known first to
fhe United States, probably tomorrow
The medium Of the communication Is
ono OF the most important OF Anglo
American bankers.
Venezuelas propositions We're men
tios16d 10 Ambassador Choate today,
hut pending the result OF the direct
representations at Washington no ac-
fion.ylll be taken by the embassy TO-
wird suggesting that Venezuela be CIV
en- fine to submit her proposals.
The new development in the Crisis,
which is regarded as growing hourly
mere serious, is due 70 the arrival in
Europe of a secret delegation from the
Venczuean government, empowered TO
deni'with the outstanding liabilities Of
thGt{ republc. unttl suitable plan
could be arranged II was considered IN
adeitable to communicate with the Tor
elm ministers at Caracas, with whom
relations have become so strained, such
a plan has now. In the belief of tine
deloeatio been arrived at and through
the anglo American bank and the at
tifude OF the United States the result
Wilde attained. Besides. the state de-
partment will be put in u position to be
an nble Judge Of the value Of Venezu-
ela'a offer and her good faith In the
matter
ltzls explained that President Castro
hnh Mad no opportunity OF taking up
the ouestlon OF national finances, but
while he himself was engaged In sup
pressing the revolution he sent TO Eu-
T0no the secret delegation referred to
with view of accomplishing what
ar'fegarded as impossible of execution
1t Chraoas. Secrecy was regarded as
imDefatiye, in view OF President Cas-
frolo belief that II It had been known
IuN} eHeautlh contemplated II HeN
Qneucial settlement he would have been
intI1dnted with claims of every de-
ecrtptIon, and the dealings with the
ho4oholders would have presented
many more difficulties.
The details Of the plan, which will be
coT11nrnication to the state department
4ro Corefully guarded, but the Associa-
le4 Tess is in a position to announce
th11he main feature Is the unifcation
~ the outstanding government and
o4I ment- guaranteed loans, on q ba-
1 security much greater than has
d 10 been offered. II Is strenuously
that the present movement Is
IN any desire on the part OF Vene-
to spar for time" with Great
n and Germany. and in proof Of
Is pointed out that the secret
en left Venezuela before here rela-
Q1 with Great Britain and Germany
~ stunned the present acute aspect
lld the United States government
flv Is moral support. the plan will
- united to American bankers. The
y4r bella delegation believes that II Is
uQ} late TO secure the necessary ia
o)l) from Europe TO bring about a
~ hent satisfactory to all parties
coz med.