New-York tribune., 1903-01-27
BRITAIN AND GERMANY ACCEPT.
Alliance To Be Dissolved on Signing of the
Guarantee.

Berlin Jan 26-The report that Germany and
Great Britain had Professionally accepted the
guarantee submitted by Minister Bowen for the
payment Of claims reserved from arbitration is
confirmed here.
Written declarations regarding raising the
blockade of the Venezuelan ports have been ex-
changed between Minister Bowen and the rep
resentatives Of Great Britain, Germany and
Italy In their declarations the representatives
Of the European powers promised TO consent to
the immediate raising of the blockade as soon
as an agreement was concluded between them
and Mr. Bowen embodying the conditions laid
down by the powers. These conditions chiefly
related to the guarantee 10 be furnished by
Venezuela
The guarantee offered to the powers through
Mr Bowen is a portion Of the customs receipts
OF La Guayra and. perhaps of several other
ports The proposal was first made to Great
Britain which Professionally accepted 1t, ana
then TO Germany, which accepted it in principle
on Saturday. The allies engaged in
examining the value Of the guarantee offered
and are negotiating details. like the form Of
payment.
A question which is being considered is
whether the allies shall establish interna-
tional commission for receiving the customs, or
whether some neutral agent shall be appointed
receiver. If the latter course is decided upon II
is believed that some American authority VIII
be chosen, perhaps Mr.. Bowen. The proposal
concentrates dividing the allies claims into
three grades and that each be treated sepa-
rateIy and in proportion to their validity
Il is still believed here that all the matters
in dispute w4fl be satisfactorily arranged at
Washington. without resorting to The Hague
Arbitration Cou 1t
Only a portion Of the Venezuelan revenues will
he available for the pavrnent Of the claims. be-
cause Of the large part already hypothecated as
security for foreign loans.
The German Foreign Office is very hopeful Of
an early settlement. and Of the raising Of the
blockade without much further delay
A lively exchange of kilograms occurred be-
tween Germany and Great Britain on Saturday
before the acceptance of Mr.. Bowen's PROPOSE
,ions as cabled from Washington 1t is ex-
Iiaired that Great Britain's acceptance was for
vyarded to Washington first because Mr.. Bowen
submitted his proposal TO Ambassador Herbert
before seeing Count Quadt, the German Charge
d'Afaires
Italy's attitude is 70 accept any arrangement
agreeab, to Great Britain and Germany.
As soon rs the guarantee for the payment
Of the first grade claims is disposed of the nego-
tiations for the settlement of the remainder VIII
proceed with each power Independently.
The alliance between Great Britain and Ger
many NAV be considered 10 have been definitely
ended as soon as the guarantee is signed and
the consequent raising Of the blockade occurs
The German cruisers Eipeta and Fake left
Curacao on Friday and therefore. the Navy
Depsrfucrt here is not in communication with
Commodore Scheder But IL is understood that
the German naval agent at Curacao win be kept
advised Of the progress Of the peace negotia-
uons.