Show PANIC AT LA GTAYRA Notification of Blockade Causes Commercial Com-mercial Trouble Caracas Dec 20A notification that the blockade of Venezuelan ports by the allies would be mado effective today to-day was transmitted the Venezuelan Government this morning by the British Brit-ish Consul at La Guayra The announcement an-nouncement was nqt expected and caused a commercial panic The rate of exchange Jumped five points I The people here are still Ignorant of the answer of the allied Governments to the proposal to arbitrate the Venezuelan i Vene-zuelan differences The Government has knowledge thc answer through the United States legation but Is puzzled by the wording and moreover more-over can not understand why If J Ger Tiany and Great Britain have accepted tIle arbitration proposal the blockade should have been effective the same Jay that their announcement Is made The French Charge dAffalrcs M Qulvcrcux i this morning delivered to the Venezuelan Government a request that In the event of a settlement of the claims of other < powers being made France be accorded equal treatment |