Show TO GIVE ANOTHER j INTERPRETATION United States fay Again Be Called on Soon INTERESTS OF GERMANY SIBJECT MAY BECOME V FORMIDABLE FORMID-ABLE > ONE Monroe Doctrine Will Again Be Tented us Applied to the Aeiinii lion By Germany of an Island On i cnezuelii to Be Used By That Ttution its n Naval Station The Railroad Recently Built Washington June 17 There is rca son to believe that the United States Exneinnunt will have occasion at no distant cay to give another interpretation interpre-tation of the Monroe doctrine as ap plicaule to the requisition of an island off the coast of Venezuela to be used by Germany for a naval station The attention of officials has recently been directed to the interests of Germany in that locality and there is apprehension appre-hension that the subject may assume quite 8 formidable an aspect as that rtf British aggression on Venezuelan soU soUAn An enormous amount of Germar capitl has been invested in Venezuela Vene-zuela of late under peculiar circumstances circum-stances The government wanted a railroad through a rich and productive produc-tive alley and a German syndicate stood ready to build the road on on clition that Venezuela would guarantee garan I tee 7 per cent on the capital invested The guarantee was given and the road built and put into operation about eight months ago At the outset out-set it was supposed about 54000000 would amply cover the cost of the road but the actual outlay reached about 8000000 By the terms of the government guarantee Venezuela now becomes responsible to the German Ger-man syndicate for a 7 per cent return re-turn on this 3000000 The road has not been in operation long enough to determine what it will earn but its most sanguine promoters do not hope that It will pay 7 per cent on the outlay Whatever it earns will be applied on the investment and Venezuela then will have to give sufficient suf-ficient to bring the earnings up to 7 per cent centA A Enso of Operations I is said to be this and similar German interests that are inclining the German government to regard with favor the acquisition of an island wit off the Venezuelan coast to be used as a naval station and as a sort of base of operations for Germany on the American continent The guarantee of Venezuela to the German syndicate syndi-cate is of a private character the German government having no nter est in the matter but it is looked upon as affording a convenient means by which the government in giving protection to its citizens could also protecton carry out its desire for the acquisition acquisi-tion of a naval station The circumstances circum-stances are such as to lead to the belIe be-lIe that the United States will again be called upon to define to what extent ex-tent the acquisition of territory by foreign powers in South American soil is compatible with the Monroe doctrine jrtat Uritain already possesses an island is-land at the mouth of the Oronoco in whwh a powerful naval station has been other islands established There are two estdblsh owned by Venezuela either of well adapted to Ger whL would be eI Gr man need There is another large Island further up the coast but it constitutes con-stitutes a province of Venezuela and its frople have such intense loyalty to Venezuela Vene-zuela that they have been named New Spartans They would undoubtedly re Fibt ary separation even if Venezuela assented as-sented t it The German Phase At tne moment this German phase of 11e the Venezuela question is making its appearance ap-pearance the British branch ot the sub jeci is presenting a more favorable aspect pect Official intelligence has recently reached hero that Sir Vincent Harrington representing the most extensive British Interests in Venezuela has most strongly urged upon the British government the importance of an amicable settlement with Venezuela a a means ot protecting British interests il that country Since thE withdrawal ot the British minister at Venezuela as a result of the boundary trouble Sir Vincent ha stood a the rep in that He rest ntatlve Briton county is at the head of the syndicate of London captallsts who built the railroad from Caracas t Laeruayara thus connecting the capital with the chief sea port At L Guaya the syndicate built an arti ficial harbor with break waters and stone wharves at a cost of several millions Sir Vincent manages these extensive British interests and his appeals that they can be fostered best by a settlement settle-ment with Venezuela will doubtless have office on important influence on the foreign officeThelt Their Pnrpose Senor Andreadfr the Venezuelan minister minis-ter here when asked as to Germanys purpose said he had not been informed of any Intention t acquire any of the islands for a naval station although hews he-ws acquainted with the investment of German capital in the railroad and tho guarantee given by the Venezuelan government gov-ernment The information reaching here however has come from other sources I is believed the new United States imz Jster t Venezuela Mr Thomas who has just left for his post is fully conversant with the German phase of the subject J is understood also that the new German ambassador who is soon to arrive is likely to have a full understanding of Germanys dtfaires concerning Venezuela |