New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1905-03-23
ANOTHER CASTRO SCHEME.
PAYMENT To EUROPEANS.
Rornn;a viii Not Be 4Uozced to
Interfere toith american Plans.
fFRox THE TRIBUNE BuRrAu.l


washington March 22-No interference with
.,sns taken by the United States to obtain
eventual satisfaction from Venezuela is antici-
,,sted in official quarters here from the bar
gain" as it is regarded aptly termed. her
aided in dispatches from London having been
made by German and British holders OF re-
undated bonds with the so-called Vice-Presi-
cent Of Venezuela. The announcement that Cas-
tro has authorized such an agreement with GER
tain preferred" creditors is looked on mere
ly single feature Of his astounding propa-
gsnda. which has sprung into the public prints
in the last week simultaneously from several
widely separated points. including Paris Rome.
London. New-York. Washington and Salt Lake,
and significantly timed with the apparent view
Of beciouding the grave issue now presented by
the firm resolution Of the United States that due
respect shall be promptly paid to its moderate
representations. The statement from London to-
day that the bargain is entirely in accord
with the Washington protocol" is character
,zed simply false. and the assertion that it
has the approval Of the British and German
Foreign Offices is presumed to be unwarranted.
TIE President is making arrangements for
his Southwestern trip. on which he expects to
start on Monday. April g. and apprehension
exists that the trip viii be abandoned or post
poned on account of the Venezuelan iunbroglio.
The President expects in his absence from
washington TO keep in close touch with the
situation as II may develop. and will be in
position constantly to issue such instructions
from his train may be necessary. Senator
Cullom chairman of the Foreign Relations
Committee, and Senator Lodge a member of
that committee. discussd the Venezuelan situa-
ton with the President to-day.
The State Department has heard nothing from
Minister Bowen to indicate that the Venezuelan
government has answered his last proposition
10 submit the American claims to arbitration,
and it is supposed that the answer. when the
reply does come. will be 10 the effect that the
Venezuelan government insists awaiting the
final action of its courts on the pending asphalt
case It viii then remain for the State Depart
rnent to determine how long it is prepared TO
await this judicial action. The difficulty is that
the Venezuelan government has refused the ap
plioation Of the asphalt company 10 revert to
the status existing before the appointment of
q receiver in the asphalt case and allow the
company 70 repossess itself Of its property. AS
Il is the receiver is ia king out large quantities
Of asphalt from Bermudez Lake. the proceeds
from which going into the Venezuelan treas
ury to the great financial loss of the company.
which is making daily representations on the
subject 70 the State Department.
The first the officials here had Of the
action of the venezuelan court respecting the
the Paris dispatch to the effect that the court
hdd ordered the postponensent sine die. While
ihis proceeding is peculiar to Spanish law prac-
s3ce the officials here regard it as being equiv
alent 10 a practical abandonment Of the at
tempt TO secure by decree a forfeiture Of the
oompany's concession Therefore it appears
that the action of the French Minister to Cara
s.as in demanding a dscontinuance of the pro-
2eedings against the company has been effect
ual there will in all probability be no occa-
sion for a resort by the French government to
other measures TO protect the company's in
ferests
While the effect of this action is to diminish
the strain on the relations between France and
Venezuela, il is pointed out here that by rea-
son Of the exclusion Of the French claims from
the Velutina arrangement. to he concluded to-
morrow between the British and German bond
holders on one side and Venezuela on the other
the French government probably will still retain
a lively interest I'm that projected settlement.
II is the belief in well informed quarters here
that although the Italian warship Calabria is
making cruise around the world, and stopped
incidentally in Dominican waters the situation
in Venezuela will cause the Rome government
10 detain the ship in Caribbean waters. ready
10 deal with an emergency.