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Show SITUATION IN VENEZUELA, France Declares Action Against Cahle Company as High-Hnnded. WASHINGTON, March 17. -Franco has officially Informed the United States of the action of tho Venezuelan Governmont against tho Fronch Cable company, which sho rogards as high-handed and unwarranted. unwar-ranted. While Insisting that diplomatic means will bo exhausted In an effort to relievo re-lievo tho situation, it Is declared that President Castro is rapidly exhausting Fronch patlonco and thereby forclng Franco toward tho limit of diplomacy. Franco has Invited tho attention of tho American Government to tho Venezuelan situation because of Its Intorest In all South American affairs and in order that it may ascertain the probable courso of action which this Governmont will tako against Vcnozuela It Is tho wish of tho French Govornmcnt to net along parnllel lines so far as practlcablo. |