People's Pilot, Volume 4, Number 45, Rensselaer, Jasper County, 4 May 1895 — SHE WILE WITHDRAW [ARTICLE]

SHE WILE WITHDRAW

CREAT BRITAIN ACCEPTS NICARAGUA’S PROPOSITION. The Proposed Guaranty tor the Payment of the Indemnity Demanded Is Satisfactory—Guatemalan Government Displeased. London, May I.—ln spite of the statement which had emanated from the foreign office saying that there had been no change in the attitude of Great Britain toward Nicaragua, it is learned that Great Britain has agreed to the proposed settlement of the dispute with Nicaragua if the payment of the indemnity is guaranteed. In this case the British fleet will immediately withdraw from Corinto. It is not known what guaranty Great Britain demands for the payment of the indemnity, but it is believed in official circles that the affair is practically settled. Washington, May I.—The guaranty of the payment by Nicaragua of the indemnity as required by Great Britain will be made in the amplest manner possible, so that there appears to be no further obstacle between the two countries as to a final adjustment. The guaranty will be in one of several forms, as follows: 1. The promise of the Nicaraguan government, which, in view of the fact that the government has never defaulted on its obligations, is of itself regarded as a guaranty. 2. The Bank of Nicaragua, a national institution with recognized standing in London, will, if need be, give the guaranty. 3. The republic of Guatemala, one of the richest of the Central American states, stands ready to deposit £150,000 in a London bank if Nicaragua desires the favor. 4. The Nicaragua Canal company, whose word in London would be acceptable in the highest financial circles, will give either a guaranty or the cash If need be. Guatemalans Are Displeased. New York, May I.—A special from Guatemala says: "The information that Nicaragua has acceded to the demands of England was badly received here. It is considered as establishing a precedent under which England can ill-treat other Central American states. Gold Is at 90 per cent premium here. The survey of the proposed railway to Panzos has been begun.”