Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1903-02-02
A COMPROMISE
Said to Be Coming / in the
Venezuelan Matter.
England, Italy and Germany Will
Accept About 80 Per Cent.
Then the Other Creditors Will Be A.
lowed Chance.

/ Washington, Feb. Interpretations
involving compromise of the allied
powers contention for preferential
treatment in the settlement Of their
| powers against Venezuela have been
submitted to the governments Of Great
Britain and Germany and Italy by
I their representatives at Washington
ana while no answers have been re-
ceived as yet, there is reason for the
belief that the allies will see way to
accept the latest proposition. The
| compromise has been suggested by one
of the representatives of the allies here
and while it has not formally received
the endorsement OF Minister Bowen. it
IS felt that he will not enter serious OBJ
lection to its adoption. provided the
United states and the other claimant
nations outside the alliance can be con-
WINGED that their own interests in
Venezuela will not be substantially in
jured by yielding to a plan which seems
to offer a solution of the present Sc
rious hitch in the Washington negotia-
tons.
The details of the proposition nov
under consideration by the three allied
nations are not obtainable but ina gem
/ eral way it is understood to be Il modi-
fication of the allies contention that
they be recognized as Nenezuela's pre-
ferred claimants in the payment of the,
indemnity. The plan suggested pro-
Yides that for a short period, perhaps
six months or year, Great Britain.
Germany and Italy shall receive ex-
clusively 50 per cent. of the customs
receipts of the ports of Puerto Cabeilo
and LaGuaira, and that as the end of
this period, the exact length of Which
is yet open to decision. that ali the
claimant nations be paid on the same
footing and at the expiration of that,
time The 80 per cent. of the receipts of
these two ports be divided among all
the claimant nations in ration based on
the amount Of each ma tionis claim.
The Elan is regarded as a compromise
which will enable the allies to with
draw their ships from Venezuelan wa
fers without a serious loss of prestige.
Whether the claimant nations out
side the tripartite agreement Will as
sent to this scheme is not VET known.
The British ambassador called by APP
pointment on Secretary Hay. this af-
ternoon, and it is believed that some
such plan as this was under eonsidersl-
tion. the British ambassador wishing
to acQuaint himself with the exact at
titude Of the United States regarding
Lord Transformers contention for pre-
ferential treatment for the allies.
France has it in her power to con-
tinue the present deadlock in the
Washington negotiations. for while |
those ,lnallied claimant have outstand- |
ing against Venezuela certain unad-
justed claims, all of the French claims I
are in a very forward state.
France contends that SO far from as
sisting her in the collection OF her /
Venezuelan claims. that the blockade
if anything has hampered her III that
it has closed all the Venezuelan ports |
10 commerce and has prevented for the |
time being the collection of the Is per |
cent. &C the receipts pledged her by |
treaty. ia /