Venezuelan debt crisis stirs London investors and policy debate
London bankers watch Venezuela as creditors seek redress for defaults across Spanish American states. The Monroe Doctrine is debated amid naval coercive options and potential blockades, with investors weighing risks in American rail and mining securities and the wider impact on European finance.
MENTIONED IN THIS ARTICLE
New-York Tribune
Cabie
The
Tribune Association
London
Costa Rica
Honduras
Guatemala
Colombia
Venexuela
Brazil
Chile
Peru
Venezuela
United States
Spanish-America
Washington
Mr. Cleveland
State Department
Castro
Caracas
Tropics
Stock Exchange
New York
America
Europe
Two Consuls Arrested as British Steamer Seized at Puerto Cabello
A Daily Mail dispatch from Willemstad dated December 11 reports Venezuelan authorities at Puerto Cabello fortifying the town and seizing Britons and Germans, along with their property. A British steamer discharging coal was seized after its machinery broke down, hindering escape. American and German consuls were informed but not heeded.
MENTIONED IN THIS ARTICLE
Puerto Cabello
Cuban Treaty Near Signing Despite Delays
Special to The New-York Tribune from Havana reports that as the cable office closed tonight no treaty had yet been signed. General Bliss and secretaries Zaldo Garcia and Montes state it will be signed tonight.
MENTIONED IN THIS ARTICLE
New-York Tribune
the Tribune Association
Havana
Bliss
Zaldo
Garcia
Montes
Griscom for minister to Japan
It is understood in Washington that John Barrett will not relinquish his Louisiana Purchase Exposition post until 1904 and that Lloyd C. Griscom, the United States minister to Persia, will be promoted to the Japanese mission. This move is said to give great satisfaction to Japan.
MENTIONED IN THIS ARTICLE
the Tribune
Washington
John Barrett
Lloyd C. Griscom
United States
Persia
Japan
Schooner William Carey Goes Ashore and Sinks Near Stratford
Port Jefferson reports the two masted schooner William Carey bound from Port Jefferson to Bridgeport ran ashore on Meadow Bar near Stratford Point Light yesterday. Captain John Burke and his son crewed the vessel but could not launch the yawl in heavy seas. Rescued by an oyster steamer crew, the Carey drifted off the bar, filled with water, and sank.
MENTIONED IN THIS ARTICLE
Port Jefferson
Long Island
William Carey
Bridgeport
Meadow Bar
Stratford Point Light
John Burke
Yawl
Carey
Waterman Fountain Pens Ad Claims Best Writing
An advertisement urging buyers to choose Waterman fountain pens over lookalikes. It promises the Waterman name writes best and directs readers to L Waterman Co at 17% Broadway, New York, for quality products from AH dealers.
MENTIONED IN THIS ARTICLE
Waterman
Waterman's
L. Waterman Co
Broadway
Rome debate over Chicago Archbishop choice stirs Rome
The Propaganda faces a debate on Chicago Archbishop appointment with two camps forming. One side supports Bishop Spalding, while another backs a candidate outside the three. Names like Bishop Quigley of Buffalo and Archbishop Chapelle of New Orleans are mentioned amid negotiations in Rome.
MENTIONED IN THIS ARTICLE
Rome
Chicago
New York
Farley
Spalding
Quigley
Buffalo
Chapelle
New Orleans
Wrecking of Olive Thurlow Told by Crew Rescued at Cape Lookout
Three crew members reach Norfolk and recount the December 5 wreck of the barkentine Olive Thurlow off Cape Lookout North Carolina. Captain Hayes injured earlier, ship tried to reach shore as gale broke the vessel apart. life savers formed a human chain to pull survivors from the wreckage and were later housed and fed. Dustin and Chokely among the injured, with Chokely dying in the rescue effort.
MENTIONED IN THIS ARTICLE
Olive Thurlow
Cape Lookout
North Carolina
Norfolk
Jamestown
Charles Florian
August Bergenson
Hendrick Johnson
Florian
Hayes
Charleston
New York
Beaufort
Barkentine
Abouts
John Chokely
Philadelphia
Chokely
Dustin
Custin
Finch
Gaskell
Captain Hayes
A New Banking Bill for an Asset Currency
Representative Cornelius A. Pugsley of New York introduces a House bill to elasticize currency with two circulation classes for national banks. First class secures up to one tenth of face value of U S bonds plus collateral. second class up to 20 percent of bank capital. First lien on assets, taxes of 3 and 4 percent, no design changes. Potential rise in circulation estimated at 74 to 150 million dollars if 30 percent of banks participate. inflation curbed by taxes. Also notes currency reform in Congress amid Fowler bill debates. NY Central announces 20 hour Chicago train service with advance reservations advised.
MENTIONED IN THIS ARTICLE
Tribune
Washington
Cornelius A. Pugsley
New York
Fowler
Committee On
Banking and Currency
Congress
Pugsley
American Bankers’ Association
New Orleans
Secretary of the Treasury
United States
House
Sleuths Watch Body as Autopsy Proceeds on Mrs Waters
Coroner Scholer conducted an autopsy on 90 year old Mrs. Sarah N Waters of 451 West Twenty first street after reports of embalming prior to death. Officials seek chemical analysis to determine if embalming fluids or poison caused foreign substances found in her stomach.
MENTIONED IN THIS ARTICLE
Sarah N. Waters
West Twenty-first-st
Scholer
William G. Conklin
Franklin Savings Bank
Conklin
James A. Campbell
West Twenty-second St
Waters
Twenty-first-st
le Brantz
Albert Mulliens
West Virginia
Campbell
Alexander S. Bacon
Liberty Sr
Mr. Conklin
Mrs. Waters
Leventritt
Supreme Court
Miss Ray
Garvan
Hodder
Sixteenth Street Baptist Church
Three Killed in Kingston Coal Mine Accident
In Wilkesbarre Pennsylvania Friday evening three Kingston Coal Company workers were crushed at their No 3 slope when a coupling failed and loaded cars rolled down the slope. One man died at once while two others later succumbed to injuries, leaving four men injured in the Wyoming region disaster.
MENTIONED IN THIS ARTICLE
Wilkesbarre
Penn
Wyoming
Kingston Coal Company
Kingston
Impersonated Royal C Peabody Swindles Hotel Cashier
The Hotel Margaret cashier on Brooklyn Heights was defrauded by an impostor claiming to be Royal C. Peabody. A fake telegram prompted payment for a supposed suit costing 1720 dollars. a messenger collected 4.50 and returned with wooden blocks. The hoax ended when the victim learned no suit was due. The piece also notes a Pennsylvania 20 hour special to Chicago.
MENTIONED IN THIS ARTICLE
Margaret
Brooklyn Heights
Royal C. Peabody
Oscar M. Kirby
Fifth-ave
Manhattan
Kirby
Mr. Peabody
Friction Grows Between British German Naval Commanders
Dispatches from Paris citing Caracas reports describe rising tension between British and German naval leaders over enforcement methods. Germany pushes decisive action by landing troops and seizing ships, while Britain favours slower diplomacy. Some diplomats fear Britain may abstain from seizing customs houses, jeopardizing joint operations.
MENTIONED IN THIS ARTICLE
Paris
Caracas
Troops at La Guayra Brace for Foreign Forces
General Ferrer arrives with two thousand troops and eighteen guns at La Guayra, while eight hundred men under President Castro's brother are expected. Fort Lavigia is supplied and volunteers flood in to defend the harbor. The Indefatigable remains, as Vineta and Retribution depart, carrying Venezuela's reply to foreign demands amid criticism of the methods used. The Port of Spain gunboat Bolivar's capture heightens tension.
MENTIONED IN THIS ARTICLE
la Guayra
Guanta
Barcelona
Vineta
Retribution
Venezuela
Caracas
Herr von Pilgrim-Baltazzi
Haggard
Legation
Great Britain
Germany
Port of Spain
Trinidad
Bolivar
Charybdis
Castro
Associated Press
British and Germans Released at La Guayra
British and German subjects arrested yesterday were released this afternoon at La Guayra, according to local reports. The incident involved foreign nationals detained during the day’s events and concluded with their release by authorities.
Allies may land bluejackets at La Guayra to seize Castro
Unconfirmed dispatch reports that in the Commons lobby today bluejackets landed at La Guayra to aid in capturing President Castro and that street fighting is underway. The Foreign Office has no information to confirm the claim.
MENTIONED IN THIS ARTICLE
London
Central News
House of Commons
la Guayra
Castro
Foreign Office
Two More Vessels Seized In Gulf Of Paria
Kingston reporting that Venezuelan troopship Zamora and coast guard Veinte Tres de Mayo were captured in the Gulf of Paria and towed to Port of Spain Trinidad this morning by the British sloop of war Alert.
MENTIONED IN THIS ARTICLE
Gulf of Paria
Sloop of War
Kingston
Island of St. Vincent
Port of Spain
Trinidad
Alert
Ossun Seized By German Warships In Mistake
Paris reports a Foreign Office dispatch from Caracas states German warships seized vessels believed Venezuelan and also captured the French merchant steamer Ossun. Officials are unsure of steps, but threaten démarches if Ossun not released. The Ossun, once seized by Venezuela, sailed South American coasting trade. France protested the Venezuelan seizure previously.
MENTIONED IN THIS ARTICLE
Paris
Foreign Office
Caracas
Venezuela
Ossun
Germany
South America
Castro
France
Time Saving Special for Businessmen
The Pennsylvania Special enables the business man to save actually four hours, but he may pursue his business duties en route.
MENTIONED IN THIS ARTICLE
Pennsylvania
Adv
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Mee
South and
Central America
Daily Mail
Willemstad
Island of Curacao
R. Kolster
Priede
L. T. Ellsworth
the Capitol
Golden Rock Island
California
New York Central
Advt
District Attorney's Office
Brooklyn
Car
Acas