davidaulloa/AmericanStories huggingface dataset:
The Savannah morning news. (Savannah, Ga.) 1900-current, 1903-02-17
LIVERPOOL COTTON MARKET.

Liverpool. Feb. 16.-Cotton: Spot, in
moderate demand, prices steady;
American middling, 5.14d. The sales
of the day were 5000 bales, of which
1000 were for speculation and export
and included 7, 400 American. Receipts,
1000 bales, no American.
Futures opened easier and closed
steady; American middling, good ordi-
nary clause: February, 5.02d; Febru-
ary-March, 5.01@5.02d; March-April,
5.O1@5.O2d; ApriI-May. 502@503d; May
June, 5.04d June-July, 504@5. 05d;
July August, 5.04d August-Septembe
4,9Sd; September October, 4.62d; Oc-
tober- November, 4.47d.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1903-02-17
COTTON.

Spot cotton closed quiet and I'M
changed, with sales by factors of 800.
The demand was moderate, with little
eagerness shown in any quarter for
supplies. The apparent withdrawal of
exporters pending an expected reaction
is being. closely watched by the trade
as a possible potential factor in fixing
prices. In the f. o. b. market the de-
mand was moderate, with basis good
middling 5000 13-16c.
The following were the official, spot
quotations at the close of the market
at the Cotton Exchange to-day:
The Savannah morning news. (Savannah, Ga.) 1900-current, 1903-02-17
A. q. BAXTER & CO., INC,

successors to Murphy & Co.,
Board of Trade Building. Savannah.
Private leased wires direct to New
York, Chicago and New Orleans.
COTTON, STOCKS AND GRAIN.
New York office, No. 81 Broadway.
Offices in principal cities throughout
the South. Write for our market man.
ual and book containing instruction
for traders.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1903-02-17
FINANCIAL,

FOREIGN EXCHANGE = Market
weak. Commercial demand, sterling,
SASSY; go days, $4S3; 80 days, $4.s1A /:
French, 519A; Swiss, so days, 5.22h |;
Belgian, 5.21; marks. 60 days. 943s; 90
days, "a 3-16.
DOMESTIC N. Y. EXCHANGE
Buy at SOC per $1,000 discount.
$50 to 500, zoe; 500 to 5000, Csc; 5000
to $500, 30c; $500 to S4O0, 35c; s40o to
$500, 40c; $500 to $500, 45c. over $500
at the rate of 75c per $1,000 premium,
SECURITIES-Th market is steady
and dull.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1903-02-17

increased strength. Buyers in jobbing
quarters are present in fairly large
numbers, and orders are of good size.
The manufacturing situation is usual
ly strong, with the market for raw ma
terial adding strength to manufacture
ers' attitude. Stocks in first hands are
depleted with demand in many cases
exceeding supply.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1903-02-17

business in bankers bills at $487.556
4.S7.60 for demand and $4.S4.50 for six
ty day bills. Posted rates, $4S5hG
4.SSla. Commercial bills, $4S3%0
4.S4A. Bar silver, 4Sssc. Mexican dol
lars, 3724c. Government bonds, steady.
Railroad bonds, steady.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1903-02-17

l|dlly COILOII
Galveston-Quiet; middling. 81; net
receipts, 1881; gross, 9,261; sales, 1854;
stock, 210,090. Exports-Contlnent
1896.
Norfolk-Steady middling, 911 net
receipts, 949; gross, 949; sales, Il;
stock, 1901. Exports-Coastwise, 1852
Baltinore-Nominal; middling, 93s;
net receipts, 2,444; gross, 3,34S; stock,
7,15S. Exports-Coastwise, $500.
Boston-Quiet; middling, $50; net
receipts, 610; gross, 1851. Exports
Continent, 500.
Wilmington-Steady; middling, 9A
net receipts, 1889; gross. 7S9; stock H.,
044
Philadelphia-Quiet; middling, 9.S5;
net receipts, "A; gross, 1,403; stock, A.
1885, Exports-Great Britain, 1929
Savannah-Quiet; nsiddling, 9s; net
receipts, 1884; gross, 1884; stock, 102,-
964 Exports-Great Britain. 6,922;
coastwise, 2,120; continent, 1910.
New Orleans-Firm; middling, 9s;
net receipts, 6.S26; gross, 6,S26; sales,
1850; stock, 354,345.
enthusiastically; middling, 9A; net
receipts, 574; gross, STA; sales, 300;
stock, 24,920.
Memphis-Firm dniddling On; net
receipts, 2,472; gross, $685. sales, 1900;
stock, 1854.
Augusta Firm middling. 7-16;
net receipts, LIST; gross, 1,167; sales,
344; stock, Al, 009.
Charleston-Firm; middling, az; net
receipts, 339; gross, 3S9; stock, 9,732.
EXports-Coastwise, 500.
*Cincinnati-Steady; middling, 8;
net receipts, 926; gross, s26; stock, TO-
067
-Louisville-Fir1n; middling, 94.
+St. Louis-Steady; middling. 9A
gross receipts, 3,217; sales, 200; stock,
27,S75.
Houston-Steady; middling. az; net
receipts, 1886; gross, 1885; sales, 2Os;
stock, 1857.
New York-Quiet; middling, $50; net
receipts, 432; gross, 1876; sales, Sal;
stock, 1869. Exports-Great' Britain,
1905
Port Townsend-Net receipts, ISL;
gross Isl. Exports-Continent Isl.
Total To-day at all Seaports-Net,
26,3S7; Great Britain, 1876; continent
"1,5O2; stock, O3,S0S.
Consolidated, at all Seaports-Net,
4L523; Great Britain, 1896; France,
664; continent, 1926.
Total Since Sept. l, at all Seaports
Net, 1927 1876; Great Britain, 1885, 2So;
France, 611,s $50; continent 2,147,399.
Not included in totals.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1903-02-17
MONEY MARKET.

New York, Feb. 16.-Money on call
steady. 2%d3 per cent, closing, 2&4
8 per cent. Time money. Arm; sixty
days. AZ 30 days. AZ six months, ~.
Prime mercantile paper, 4A45hc
Sterling exchange steady. with actual
The Savannah morning news. (Savannah, Ga.) 1900-current, 1903-02-17
NAVAL STORES.

Monday, Feb. 16.
SPIRITS-The turpentine marked
opened firm at CSC; sales As, and closed
firm and unchanged, sales 50. The de-
mand was satisfactory. Receipts 101,
exports 500.
ROSINS-The rosin market closed
firm and unchanged, with no official
sales. The receipts 1,4S6, exports 1852.
Prices as foIlows:-
The Savannah morning news. (Savannah, Ga.) 1900-current, 1903-02-17
TOURS.

last year. The market closed dull and
steady.
The market for bonds maintained a
steady tone. Total sales par value,
es5, 600 United States bonds were all
unchanged on the last call.
Sales of stocks were, SCI, 300 shares,
including Canadian Pacific. $500; Erie,
23. goo; Metropolitan Street Railway, T.
300; Missouri Pacific, $500; Pennsyl-
vania, $685. Reading, 800; st. Paul.
1000; Southern Pacific, 5000; Southern
Railway, 5000; Union Pacific, 1900;
Wabash preferred, 10000; Copper, 53,-
900: American Smelling and Refining,
20. 800; Brooklyn Rapid Transit. H.
500; Sugar. 114.s00; United States
Leather, 5000; United States Steel,
so 900; do preferred, 1900; American
Locomotive, 900; Rock Island, 10000.
New York stock and BOND List.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1903-02-17
SEA ISLAND COTTON.

The sea island cotton market closed
quiet, with the demand fairly good.
Lows had been neglected up to the
closing days, when there was inquiry
and some trading at slight conces-
sions. The crop in sight to date now
exceeds 81, 900 bales, against 1900 for
the corresponding time last year. The
general belief is that the season will
show a crop around 100000 bales.
Prices about as follows:
The Savannah morning news. (Savannah, Ga.) 1900-current, 1903-02-17
Naval Stores Statement

New ork, Feb. Ib.-Rosln, steady.
Turpentine-Easy 66h 666l9c.
Wilmington, N. c., Feb. 16.-Turpen-
tine firm, Csc; receipts % casks.
Rosin firm, $1.90; receipts 5SS.
Crude turpentine firm, $1.4092.40; re-
ceipts 3s.
Tar firm, $1.65; receipts $50.
Charleston, S. c., Feb. 16.-Turpen-
tine, firm; 641ac; sales, none.
Rosin, firm; A, B, C, D, e, F, $1S5;
G, $195: H, $3.50; 1, $2.75; K, $S15; NJ.
$685.; N, 1855; w. G., $3.50; w. w,
The Savannah morning news. (Savannah, Ga.) 1900-current, 1903-02-17
Savannah and StateSbOrO R'y
Through Passenger Trains
Savannah to Statesboro
via
Seaboard and s. & s. R'v.
Effective Sunday. Nov. 90.

Effective Sunday, Nov. %.
Leave Savannah daily 400 p. m.
Arrive Statesboro, 6:15 p. m.
Leave Statesboro, 700 a. m.
Arrive Savannah, 9:15 a. m.
Another train, connecting at Cuyler,
leaves Savannah ZOO a. m, arrive
Statesboro, 10 a. m. Leave Statesporo
p. M, arrive Savannah $3.50 p. m.
Shortest and Quickest Route
The Savannah morning news. (Savannah, Ga.) 1900-current, 1903-02-17

ton. weekly-receipts, 241; exports, ADJ
sales, 112; stock, 321.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1903-02-17
Savannah Bank
and Trust Go.
Capital, $35O,OO0.

JOSEPH d. WEED, President.
JOHN c. ROWLAND, vice President.
VIM. F. McCAULEY, Cashier.
sAM1-. L. CLAY, Assistant Cashier.
A general banking and exchEngs
business transacted.
savings Department sAtere.t
computed qaarterly.
accounts of merchants, banks
Ah@ corporations solicited.
American Express Company LETT
ters of credit issued available An all
parts of the world.
collections carefully made and
promptly accounted for.
safety Deposit Boxes ana Storage
Vaults for rent.
correspondence invited.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1903-02-17

Chicago and Alton preferred -. II
Chicago and Eastern Illinois 200
sChicago and Great Western 800. 27B
Chicago and Ct. Western A pfd. 81
Chicago and Ct. Western B pfd... As
Chicago and Northwestern .......2191a
Chicago Terminal ard Trans. -. 1879
Chicago Terminal and Trans. pfd. 34h
c., c., c. and st. Louis ............ So
Colorado Southern ................. oOM
Colorado Southern LIST pref. ....... 71h
Colorado Southern 2pd pref. ...... Asa
Delaware and Hudson ............1s1
Delaware, Lacka.wanna and West260
Denver and Rio Grande ........ Az
Denver and Rio Grande preferred. s9h
Erie .........,.. ..................3 9B
Erie LIST preferred .................. nv
Erie End preferred .............. 607s
Great Northern preferred 200
Hooking Valley .......... ........l04
Hooking Valley preferred ........ 9sk
Illinois Central ...............14 6
Iowa Central ......t.. ...s.!....s.... A.
Iowa Central preferred ........... 72lz
The Savannah morning news. (Savannah, Ga.) 1900-current, 1903-02-17
IN Southern
ON Railway.

Trains arrive and depart Savannah
by 9Oth meridian time-one hour slow
er than city time.
Schedule Effective Jan IA, 1903.
TO THE NORTH AND EAST
The Savannah morning news. (Savannah, Ga.) 1900-current, 1903-02-17

ana associate Members Liverpool Cot
ton Association.
Special attention given to the execu-
tion or contracts for future delivery In
cotton.
s-------------.-------.---
t&zzfEi;lff
IWGEORGLAIl
Il ~ RY.GO ~
&T~1-sz1a1zIs1s1an1zzzlzza Ss.zzsaasss11ss
Schedule Effective Jan. 4. 1903
Trains arrive and depart from Cam
trail Station. West Broad, foot of
Liberty street, except for Tybee.
s0th Meridian Time-One hour slower
than city time.
Leave Arrive
Savannah: Savannah.
Augusta, Macon, Att
lanta. Athens. Cow
tngton, Milledgeville,
0oam Americas, Albany 6 I0pn
and intermediate
/ points.
I 00am Statesboro, Stillmorelt 6 loom
and Brewton.
Augusta, Macon.
Atlanta, Athens,
Montgomery,
O0pml Columbus, Birming-l |" z Ooam
ham, Americas.
Albany, Eufauls,
and Troy.
Dover
00pm and Statesboro n z as am
Accommodation.
Dover, StatesbLro,
- 1opm stillmore and 40 4Oam
Dublin.
Guyton.
7 2 00pml Accommodation Il 6 90 am
BETWEEN SAVANNAH AND TY-
BEE.
Trains arrive at and depart from
Tybee depot, Randolph street, foot of
PRESIDENT.
Standard Goth meridian) time, one
hour slower than Savannah city time.
LEAVE SAVANNAH,
$3.50 a. M, so p. m.
LEAVE TYBEE.
'9.45 \. m. 1870 D. m.
'Dally. Except sunday.
Connections made at terminal points
with all trains Northwest. West and
Southwest.
Sleeping cars on night trains between
Savannah and Augusta, Macon, At
lanta, Columbus, Ca, and Birming-
ham, Ala.
Parlor cars on day trains between
Savannah, Macon and Atlanta.
For complete information, schedules,
rates and connections, apply to
W. G. BREWER, City Ticket and
Passenger Agent. 107 Bull street, or
w. r. MCINTYRE, Depot Ticket
Agent. ou
!. G. HALE, Cen. Pass. Agent.
2. J. ROBINSON, Asst. Genl Pass.
Agent.
THIEO. D. KLINE, General Supt.
Savannah. Ga.
W. A. wINBURN, Vice President and
Traffic Manager ...,--
The Savannah morning news. (Savannah, Ga.) 1900-current, 1903-02-17
COTTON FUTURES AT NEW YoI

New York, Feb. 16.-Cotton future
closed firm. Prices as follows:-
The Savannah morning news. (Savannah, Ga.) 1900-current, 1903-02-17

FINANCIAL.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1903-02-17
DRY GOODS,

DRY GOODS.
New York, Feb. 16.-The dry good:
market continues to show evidences Of
The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1903-01-28

Half-tone and Eineo cuts made at
the Gazette ofice. II you have q good
photograph you may be sure Of q go0a
SsG 49, 80. =. -. ztKisa SA'sE =
The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1903-01-28
WILL. TEST
FIRE CASE
AppeaIto Supreme
Court From
Auditor.
The Royal insurance Co.
Asks the Justices
to Rule.
Chinese Refuses to Allow Pay
ment of Claim Which Was
Assigned by Him.

The Fire Claims are again in tn,
Supreme Court, this time on the ques
ton of subrogation of claims to insur-
ance companies, an appeal having been
taken from the refusal of Auditor Fish
er to issue warrant to the Royal In
surance Company.
In the appeal to the justices of the
Supreme Court it is alleged that the
Royal Insurance Company duly filed its
| separate claim before the Fire Commits
sion for the sum of 1925, and also FLED
claim as assignee and co-claimant
with one Kwong Tai 10y, under writ
ten articles of assignment.
No award was made to the Royal
Insurance Company on the separate
claim, but an award was made of the
sum of $525 as assignee of said Kwong
Tai 10y, the form of said award being
IAN award to said Kwong Tai 10y of
the sum of $2.S11.65, subject to the claim
of said Royal Insurance Company tor
1925"
The petitioner further alleges that
funds are available in the Treasury OF
the Territory, and the said auditor has
prepared warrants drawn thereon for
the payment of a first instalIment OF 10
per cent of all awards made by the Com
mission, the amount due and payable
under the award in question being the
sum of $2S1.16.
1t is further set out that 1.-The said
Royal Insurance Company has demand
ed and inst cal i'll 70
his warrant for said amount of $525 to
and in it's name in obedience to the
terms of said articles of assignment
but said auditor has made a decision
refusing so to do.
THAT the said Royal Insurance Com
pany claims that under said law and
said assignment and said award and
said demand, it is entitled to have is
sued to it by said auditor a warrant
for the amount of said assignment,
viz: to the amount of S525, the re-
mainder of said award to be paid to the
said Kwong Tai 10y.
Wherefore, the said Royal Insurance |
Company hereby appeals from said de- |
cision of said auditor to the justices of |
the Supreme Court"
The appeal grows out of the refusai |
of the Auditor to pay 10 per cent of the
claim of the Insurance Company, which |
the Chinese had assigned. Kwong Tai |
10y, it seems, has declined to consent |
to any payment of the assignment to
the Royal Insurance Company, and
Auditor Fisher refused to pay either
until the matter had been set
tied between them. There are several |
similar cases and the appeal of the
Royal Insurance Company is to test
the question.
The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1903-01-28

finally passed Congress and was signed
by the President, but if it is the same
as was introduced in the Senate last
year, 1 should say that the Governor
and Secretary are authorized TO issue
the bonds without any further action of
the legislature The Organic Act de-
fines certain limitations as TO the power
of the Territory in issuing bonds, but
the Organic Act is an act of Congress
and may be amended, as is evidently
done by the Fire Claims bill. This pro-
vides a different method of issuing
bonds from that given in the Organic
Act, and I see no reason why Congress
cannot do that.
Nothing will be done until the off,
cial copies of the act are received here,
for cannot act on newspaper reports
There. will also probably be instructions
from the Interior Department as to the
manner in which the bonds are to be
issued. The payment of the million
dollars will not have to wait the issu-
ance of the bonds, and if it is sent 1
should recommend that it be distributed
The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1903-01-28
OSAKA EXHIBIT
IS SENT FORWARD
Fifteen Cases of Goods Are
Dispatched by the
Korea.

The Korea yesterday carried forward
ing the exhibit of Hawaii which will be
made at the Osaka exposition, the fifth
national exposition of Japan. The
goods will go to Kobe, and thence be
forwarded to the exposition.
The exhibits, while confined to three
sections, are of such quality as to leave
little to be desired in the filling of the
space which has been allotted to these
Islands. The Hawaiian exhibit VIII be
placed almost at the entrance to the
Foreign building, being given a space
fifteen feet long. On account of this
feature of the position of the exhibit
the major portion of the display will
consist of photographs of the many in
a showing of the principal agricultural
products.
The photographs are extensive in the
number of subjects covered. The views
number about 225 and the range is
sufficient to attract many visitors to
the exposition. The mills, the fields
and the processes, Honolulu buildings,
streets and residences, the mountain
and the valley scenery, are included IN
the list, and special attention to the
depicting of the life of the people of
the Territory, and their habits of dress
and adornment, both modern and an
cient. In addition to these subjects,
there are a dozen panoramic views of
the principal scenes about Honolulu, in
Guiding the harbor and the surrounding
country. The photographs are sent in
so that they may be framed on
the ground to fit the wall spaces where
they are to be shown.
The agricultural exhibit is not purely
sugar or rice, though those staples form
the basis of the display There is a
long list of the valuable products of the
soil, covering the range of articles from
guava jelly to mineral water
The list of the valuable woods is long,
and the samples are full of interest
There are thirty-eight varieties shown, |
and each is so cut as to show the gram
of the wood, and polished to indicate |
its value as a cabinet product.
The display will be returned on the |
closing of the exposition, and will then
form the nucleus of the display which |
is to be sent forward to the st. Louis |
next year.
The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1903-01-28

Delivered Tor $Z.UU TO *3.UO Per load
according to distance.
Filling In material either earth -
coral, furnished at a very low price,
as we have a large stock on hand.
CONCRETE WORK guaranteed, asA
done at . very low price.
Special low price In CRUSHED
ROCK of all grades from No. to Ma.
5, or rock sand.
COMMON DRAI, $500 per day.
LARGE DRAY, $500 per day.
The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1903-01-28
FIRE CLAIMS MONEY.
Continued from Page p

and Secretary without any further ac-
ton, excepting to follow the instruc-
tions of the Interior Department.
81 have not gone into the matter
fully as yet" said the Governor yes
terday. II have not seen the bill as it
The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1903-01-28

|. Z &
| REESE
LOSS
nge
feet d
&c of
rely Is
,nvex
es of
AS we
me b
IS ac
VS. of
ecay-
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orn, |
ajorir
ever d
est cyl
rotect
allure
L mors
yRg z.
The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1903-01-28
FURNITURE AUCTION
ON FRIDAY, JAN. Both,
AT 10 O'CLOCK A. NJ,

At 10 O'CLOCK A. NJ,
At the residence of Mr.. G. B. McClel-
Ian, Hastings street, at head of Ana
punt street, in Makiki, I will sell at
Public Auction, Household Furniture,
comprising:
Koa Tables, Oak Dining Table,
Oak and Wicker Chairs, Piano Lamp,
Tapa Cloths, Single Beds,
Refrigerator, Oil Stove,
Kitchen Utensils, Ferns, Etc, Etc.
The Butte inter mountain., 1903-01-30
LEAMY IS CHOICE OF BUTTE SOCIALISTS
FOR THE HONOR OF RUNNING FOR MAYOR

aid the workers in their struggle against
capitalists.
One plank promises that If the party
is successful at the polls it will bring
about the performing OF all Of the city's
public improvements by days pay instead
Of by the system Of contracting, hereto
fore carried on by the present and for
mer councils OF the city OF Butte" In
this connection several reasons are given
in support of the plank all condemning
the contract system as tending to cause
the importation Of workmen while there
are already enough unemployed here, as
the system gives the contractor the
profits OF the work instead Of the
laboring man, as uder the system
the eghthour law is violated and as the
plan enables contractors to loot the city
treasury.
Another plank condemns the action Of
the present legislature in donating" to
II. J.. Frank the sum OF $s7 900 for the
simple reason that after he had gone out
of his line of business and sought to
compete with persons in the building bust
ness he claimed to have lost money on
the contract to build the state capital.
The plank further declares that the ap-
preparation was unconstitutional and that
the Legislators have become merely
charitable embezzlers Of the states funds"
The Butte inter mountain., 1903-01-30
A GIGANTIC EXHIBITION
OF FREDERlCUS' NERVE

This is the most gigantic exhibition Of
nerve displayed by the United Copper com
pany TO the members OF the present as
sembly. The bill has an elastic clause pro-
ydmg for the compensation Of receivers so
that when the costs are taxed on the other
fellow they can be swcllcd to $500, 900, "a
was done for Tom Kinds, but If l1einze
OK is gored they can be trimmed down to
the figures allowed Mclaughlin.
In fact this clause OF the bill is in
tended to protect Ilcinze from the opera
tion OF the union scale adopted by his
own receivers. II the law were in effect
today Mclau"hlin would have to ta|
what 1einze is willing TO give him, as
long as he is stuck for the bill In this
way the receiver takes a chance, for il
the mine owner should get the costs ON
him licinze will allow compensation at
the rate OF $50, 900 day. His fee must de-
pend on the way the case goes. 1t is a
foregonc conclusion that the lawmakers
will protect the mining industry from the
Uuiteds recciyership trust
IA 10. ..,I,. Al, 4
The Butte inter mountain., 1903-01-30
FRENCH Do NOT MEAN
TO ASSUME ANY AIRS

Paris, Jan. 3o.--The foreign Office here
received today lengthy official advices Civ
ing details of the rejection by the allies
OF the proposal that France and other
countries receive equal treatment in the
Venezuelan settlement. The French of
fcials had not doubted that equal treat
ment would be recognized and this unex-
pected turn OF events has caused much
surprise ana concern. For the present il
does not appear to be the purpose OF the
French authorities to assume an impera-
tive position, but rather set forth what they
regard as the manifest equities of the
French position with the view TO induce its
further consideration and acceptance
After comforting with those in authority
an official said that the French position is
based on two principles.
The first Is that a pacific settlement be.
tween two sovereign nations is entitled at
least 10 equal treatment with a war settle
ment. II not a precedent would be estab-
lished, the officials say, which would be an
incentive 10 war, as countries first adopt
ing force in the collection OF claims would
have superior rights 10 those observing the
usual pacific means OF settlement. The
view is strongly held here that the United
States, France and Belgium are in effect
in a pacific alliance as they did not resort
TO force against Venezuela. II is insisted
that the present attitude OF the allies tends
not only to prejudice the rights OF the
pacific allies, but also establishes the