New-York tribune., 1903-03-11
NAY BE MORE COERCION.
BAD COSTA RICAN DEBTS.
Guatemala Also an Ofender-Th
Wright Prosecution.


? CcopyrtsAt: 1sos: By 1ns Tribune AsSocaAtion-)
London. March IL. / q. m-English investors
IN spenish-AmeF4can loans and enterprises are
row looking for q sequel to the Venezuelan AZ
fair in some other quarter OF the Western Hem
isphere- The only other countries where de-
faults OF interest and repudiation OF nnancisI
obligations are fragrant are Costa Rica ana
Guatemala The external debt OF Costa hica
was scaled down to lower rates Of interest out
defaults have occurred in both the interest ana
the sinking fund. Guatemala's debt was also
rear-aneed at Der cent but the interest has
not been paid. Nicaragua Is meeting all her oo-
legations and Colombia has recently resumed
payments on her external debt. The peruvian
debt was liquidated under Michael Graces set
tlement and Chilli ana Brazil are fulfilling Gil
their engagements. Paraguay and Uruguay are
paying interest on their external debts, ana the
Argentine Government is not In default Costa
Rica and Guatemals are exposing themselves
to foreign coercion In the interest OF European
creditors It Is not probable that England VIII
to!n Germany in another naval campaign
against either republic, since the British IN
vestors in the two main Venezuelan loans COM
plain that the effect Of the alliance has oeeh
IN estab blish preference for inferior German
claims and to create prejudice against the le-
Ultimate claims Of bondholders-
Ever since the crash of the London and Globe
Finance CORPORATION there has been an outcr9
aeatust the well known managing director OF
the concern, and the refusal Of the Attorney
General to direct prosecution at the expense
Of the State has only had the effect OF sttrnulat-
ing private action. John Flower came FORWARD
on behalf of the body Of creditors who alleged
three specific instances in which false balance
sheets had been published with intent to de-
asked Justice
lev 70 order the offcial receiver, who Is the
uouidator of the company's affairs, to under
take the prosecution Of Whitaker Wright ana
to allow the costs OF the prosecution to come OUT
Of the companys assets To this course the
Judge has now given assent
The tortieth anniversary Of the Kings we'd
ding day was celebrated by q large family oin-
ner party, followed by what the master OF the
household oficially described as small dance.
There were q thousand invitations The arnbas-
Hadors with their wives and daughters, were IN
y1ted as were also the unmarried men connected
with the embassies. Until last night dancing
had been suspended In the ballroom at Bucking-
ham Palace since the earlier and happier halr
OF the Victorian reign. The attendance at the
next court will approach four thousand. Tne
King is doing what he can to impart animatlon
and briIliancy to a dull season
Marie Hall. the young English violinist. who
has excited the enthusiasm OF two London au-
diences, has returned to Newcastle. where IN
childhood she played the fiddle in the streets
as q Etrolling musician This time sne mas
been received with honor and admiration at the
Town Hall One Of the prettiest touches OF
this new romance Of tbs violin is the girls
unaffected pride In her little brother, cnno
nine years old. who already plays the violin
All INF WI
practice under Sevenik-
The statement that the postohce has acceoed
to Marconfs request for direct telegraph COM
munication through Falmouth with the wire
less station at Poldhu Is understood to be SUBJ
stantially true. The concession, however, does
not improve much the prospects Of an early es-
tanlishment of q commercial wireless service
between England and America Marconi has
not vet been able to persuade the Postmaster
General to allow messages destined for trans
mission across the ocean by the wireless system
to be handed in like cable messages at any tele-
graph Office in the United Kingdom.
Mr.. Chamberlain arrived at Madeira yester-
day and was received with much ceremony. He
has suffered severely from his old enemy, gout,
on the passage A Daily Mail" dispatch says
that the Colonial Secretary is personally satisfied
with the results Of his tour. The Cape sttua-
ton is at least as satisfactory he expected.
and he is still hopeful of the future, provided
that the Dutch promises Of loyalty and concflia-
ton are kept.
ConsoLs, which have been steadily falling for
some time yesterday touched 81, the lowest
point reached during the dark days Of the Boer
war The decline has been hastened by the
receipt Of selling orders from New-York
l. n. r.