Omaha daily bee., 1903-01-27
ALaEE TO RAISE BLOCKADE
Speedy Settlement Of Venezuelan Trouble
Likely to Be Effected
BoWEES PROPOSALS ARE SATISFACTORY
Offers Thirty Per Cent Of Customs Re-
ceipts at Puerto CnbeIlO and La
GuRyrn, to he Collected
by Powers.

VI NAN n AN1e
that Great Britain and Germany have in
formed their representatives at Washing
ton that they consider Minister Bowen's
proposals regarding Venezuela's guarantees
to form a satisfactory basis for further ne
gotiations.
In addition to the offer OF part OF the Gus
toms OF La Guayra and Puerto Cabello as a
guaranty, Mr.. Bowen informed the powers
that several New York banys had expressed
their willingness to undertake the pay
ment Of the first claims demanded ty the
powers upon the basis Of such a guaranty.
AS soon as the powers hear Of he CON
sent OF reliable houses to guarantee the
payment Of the first claims the blockade
will be raised. This is expected TO he
within two OF three days.
In the event OF this Arrangement being
concluded, 1t is supposed tE2s tie customs
Of the two ports mention ID will be admin
istered Jointly by representatives OF the
powers and Of the banks concerned.
At the German embassy hero il was said
there was no reason whatever for Il con-
tinuance Of the blockade, "only the powers
are not satisfied that the guaranty is
not merely offered with the obiecr OF get
ting rid OF them"
1t is understood here that the banks re-
ferred to by Mr.. Bowen are J. and W. scllg-
man q 20. ana j. =. morgan q 20.
Offers Customs Receipts.
WASHINGTON, Jan. 26.-Mr. Bowen, act
ing for Venezuela, in return for the raising
Of the blockade, pledges 80 per cent of the
receipts of the ports Of Puerto CabeIlo and
La GuRyra, the same to be collected by a
Joint commission. made up of one repre-
sentative Of each of the powers having
claims against Venezuela
It is understood that the allies, while
considerably Gbating their demands for a
cash payment from Venezuela, still adhere
to the principle Of the ultimatum SO far as
IT involves the payment of some money on
claims of such character as do not admit
of question.
Upon the amount Of these claims Will de-
pend Mr.. Buwen's success in removing the
blockade. for It is believed that he has
contrlved the means to secure some cash
from President Castro. realized upon forced
loans, and more is likely to be derived
from interests in this country concerned
in the establishment OF order In Venez-
uelE and the dissipation OF the present
international complications.
Up to the close of the day formal notice
OF the acceptance OF his proposition had
not come to Mr.. Bowen from the repre-
sentatives of the allies here. However,
eNNh HNbsAN nv hoNASh 40 oth Va
Bowen confirmed him in the belief that
the pending controversy would be settled
soon and satisfactorily"
The Italian government all along has
favored an honorable compromise and has
let its allies know the favor with which
it regarded the Bowen proposition, while
processing a willingness to defer to their
views in the matter.
1t is hoped now that a cash payment
will be dispense with, as the customs re-
ceipts offered would quickly defray the
pressing individual claims OF the allies.
TIL lifting OF the blockade would not
mean the withdrawal of the allied fleets,
as 1t is understood that not only will the
British American fleet remain in it's ac-
customed winter quarters, in the Car
ribbean sea. bat the German government
will depart from it's policy to get along
without station fleets, and continue the
present squadron in American waters as a
permanent fleet.
There is no information in Washington
to Justify the positive statement contained
In a dispatch from Caracas that the Vene-
zuelan blockade will be raised on Wedres-
day, though Mr.. Bowen is hopeful that
such will be the case.
Agree to Raise Blockade.
BERLIN, Jan. 26.-wrltten declarations
regarding tho raising Of the blockade in
Venezuelan ports have been exchanged be-
tween Mr.. Bowen and the representa-
tives of Greab Britain, Germany and Italy.
In their declarations the representatives
OF the European governments promise to
consent to the immediate raising of the
blockade as soon as an agreement is con-
cluded between them and MIR. Bowen en-
bodylng the conditions laid Town by the
powers.
These conditions chiefly relate to the
guarantees to be furnished by Venezuela,
which has offered a portion of the customs
revenues of La Guayra and Puerto Cabello.
A question which is being considered is
whether the allies shall establish an inter
national commission for receiving the Gus
toms or whether some neutral agent shall
be appointed. II the latter course is de-
cided upon 1t is believed that some Ameri-
can authority will be chosen, perhaps Mr,
Bowen.
The proposal ~contemplates dividing the
allies claims into three grades and that
each be treated separately and in proper
tion to its validity.
Only a portion OF the Venezuelan reve-
nues will be available for the payment of
the claims. because of the large part al
ready hypothecated as security for foreign
loans.
A lively exchange OF kilograms occurred
between Germany and Great Britain on
Saturday before the acceptance of Mr..
Bowen's proposition cabled from Washing
ton. It is explained that Great Brltain's
acceptance would be forwarded to Wash
ington hrst, because Mr.. Bowen submitted
his proposal [. Ambassador Herbert before
seeing Count Quadt. Tho Italian attitude
is to accept any arrangement agreeable to
Great Britain and Germany. AS soon as
the payment OF the first grade claims is
disposed Of the arrangement for the sec
ond will be proceeded with with each power
separately. The alliance between Greet
Britain and Germany may have TO be de-
hnitely ended so soon as the guarantee is