Venezuela.

Manawatu Herald, 10 February 1903, Page 2

Venezuela.

THE BRITISH AMBASSADOR AND MR BOWEN. • President Castro has levied another loan of a hundred thousand pounds on the citizens and foreigners of Caracas. The British Ambassador at Washington (Sir Michael Herbert) has addressed Some rather heated observations to Mr Bowen, who represents Venezuela, in regard to *hia conduct of the negotiations, aud especially his excessive confidences GERMANY’S POLICY. Count Von Bulow declared in the Reichstag that Germany was pursuing in Venezuela exactly the same line as Britain and Italy. She was following that path with calmness and sobriety, desiring only security of the life and property of Germans.

PROGRESS OF THE NEGOTIATIONS.

One German newspaper declares that Mr Bowen's influence equals that of President Castro, and it reminds President Roosevelt of the comparative atregth of America’s and the allies’ fleets.

Mr Bowen, on behalf of Venezuela, has declined to yield on the 20 per cent proposal. Sir Michael Herbert, British Minister, representing the blockading Powers, has vainly applied to President Raosevelt to arbitrate on that point. The question of preferential treatment will therefore be transferred to The Hague Tribunal as soon as protocol is signed. Mr Bowen is prepared to pay each of the blockaders £5500 as a first instalment of payment for personal injury, irrespective of their subjects, to secure the raising of the' blockade.