Show negotiations ARE SECRET bat dut there la is no bo doubt a ha ba Is factory settlement of 0 vel matter will be react 0 1 there is now in progress an active exchange of notes between the allied powers lene venezuela zuela and the united states respecting the method of sub to arbitration the issues which have arisen between venezuela and the allies questions are be being in 9 put and answers are forthcoming but it Is said that the negotiations are in such shape that it would be extremely injudicious and indiscreet to make each phase p if there really exist ed d a desire to reach a satisfactory set it is explained at the state department that the part of the unit ed states government just now is that of good friend to all parties that it Is not under tal ing to draw up protocols or impose limitations upon the parties but is confining its efforts to getting them together and keeping them so in th this I 1 9 v view lew it will not be necessary for ou our r government to pre scribe how the monroe doctone shall or shall not figure in the protocols it will judge for itself by results how our interests are affected effected and will not indulge in premature or uncalled fot protests As for the terms of the an titration bit ration it is stated that they are in III a fair way to be speedily adjusted but nothing can be sa a of the details it Is presumed that the allies will agree to terminate the blockade though no stipulation has yet been entered into on that point |