VENEZUELA -

Page 418

APPENDIX.

402

not require

certainly did

it

learned judges to say that a prior

tlie

mortgage took precedence of a second claim, for a schoolboy would be deemed a dunce did he not

have been very

and

different,

little of it, as

this.

Had

the case with

stroke of the pen they reduced

not only for the parties interested, but for

cent.,

all its

must

Court, the sentence

evident the present Government thovight

it is

by a

know

High Federal

bearings been referred to the

it

to 15 per

internal

the

all

creditors.

At page by

3

— Seiior Guzman

states that yoiu' agents directly interfered,

partial arrangements wliich they

this is mitrue, as

they simply

made with some

the Secretary of State, which were to take

&

Parclo

ment

Co.,

and

others,

up the

shares held

on a consideration being made

for the advance of

no demur,

of the creditors

fulfilled the instructions of his

payment

as the fmids of the

by Messrs. Govern-

to the

in this your agents could

;

Loan were ample

;

Excellency

make

for all just claims,

shown in my letter of the 10th April, 1863, in document No. 1. At page 4 Much stress is laid on the French and Spanish claims, which were in the hands of their respective representatives, and must have been* unadjusted, or they would have come forward, together with as

the other

Again, had the

diplomatic claims.

shares and notes of the

bank presented them

would have received the instalments

in

holding

parties

the

to the Commission, they

November, 1862

;

thus your

agents had no cognizance or intervention therein, and cannot be justly

accused of neglect of duty. I know, however, that several ^^ayments were

made

in

money

to the order of

Monsieur Millinet, the French Charge

d'Affaires.

At page

6

It is asserted that the internal creditors

even consulted

;

were not paid nor

this is untrue, as another agreement was entered into at

a public meeting, and from this emanated the

decree

November for the settlement of the bank claims. At page 8 It is said, by not calling a general meeting

of

the

of the internal

creditors, the agents

prevented the settlement of their claims

say the least of

ludicrous,

or General

it, is

and

Guzman would have

had he presumed

to

call

should like to

I

15th

;

this, to

know what Senor

said to the agent of the 1864 Loan,

a meeting

of the creditors of the Export

Duties. It is stated that the

law of Venezuela requires that a Loan should be

* Sic

ill

ori'T.


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