Show I P rEACE PROSPECT P E HAS BRiGHTENED Guatemala Will Cease HostilN ties if Other Belligerents Will Do Likewise Salvador and Honduras Said to Have Entered Into an Alliance to Dictate Dic-tate Terms of Heace to Be Proposed Pro-posed by Two Countries to Guatemala Washington he latest developments develop-ments In the las outbreak In South America is an assurance to the stato department from President Cabrera that Guatemala would refrain from further hostilities if Salvador would undertake to do the same which news was promptly communicated to Minister Merr at San Salvador In order or-der that ho might transmit the proposition propo-sition to the government at that place Another point developed was that Salvador and Honduras had entered Into an alliance the nature of which Is not certainly known but It Is bo lleved by the officials hero that tho purpose Is to agreo upon the terms of peace that shall be proposed by the two countries to Guatemala This news came to the state department from Charge Brown at Guatemala City Still another cablegram this one from Minister Merry Informed tho state department that the government govern-ment of Honduras Insisted upon being considered along with Salvador In tho peace negotiations with Guatemala Altogether the prospect of the peaceful peace-ful termination of the prosent difficulty diffi-culty Is believed to have brightened considerably |