The Venezuelan Dispute.

Opunake Times, Volume III, Issue 156, 31 December 1895, Page 3

The Venezuelan Dispute.

London, December 27. Lord Rosebery declares that the outbreak of war between the two mighty nations over the Venezuelan dispute would be the greatest crime recorded in the world. The Times’ correspondence wires that the American House of Representatives decided that there was urgent need for an increase in the revenue. The decision was received with great cheering, and suppressed excitement was marked throughout the remainder of the sitting. The Bankers’ section of the House suggests that the money should be borrowed abroad. The Chairman of the Committee of Ways and Means hope that fifty million dollars will meet the needs of the situation. The Associated Bankers have appointed a committee to be ready in case of emergency. Heavy loans have been affected during the last few days, at 6 per cent. The President’s financial message has revived the old party divisions in Congress. The Faculty of Chicago University strongly support the terms of Cleveland’s message. New Yoke, December 27. The Stock Exchange is calmer, and all securities are advancing. President Cleveland is stated to be preparing for the issue of one hundred millioh gold bonds. The New York World states that several English bishops have cabled messages of peace. Pulpit utterances in many of the American churches condemned the extension of the Munroe doctrine. At numerous public meetings, resolutions were passed urging that the Venezuela dispute be referred to arbitration. London, December 27. The Prince of Wales, speaking at York, replied to the New York World’s articles and expressed his belief that the crisis jvould be arranged in a manner satisfactory to both countries and the same warm-friendship which had existed many years would continue. The Times correspondent wires that the Prince of Wales by his speech showed he well understood the feeling of parties in the United States, and the opinion in the country is that they can accept his message as being equally gratifying to both and as likely to be interpreted as expressing the Queen's sentiments. New York, December 28. Venezuela is appealing to kindred states for help in the event of an outbreak of war. Senator Morrin possesses offers Covering a fifty million dollars loan. Cleveland favors the loan being offered to the public in preference to granting a syndicate the amount without first calling for tenders. Five fifteen-ton disappearing guns are being mounted at New York.