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Show ITALY IS PLEASED -: VIIH SITUATION Venezuelan Note ' Accepting' Arbitra- ' ; 4 tion I Received at Rome. ROME, Jani Is Foreign. Minister Prinet-tl Prinet-tl this afternoon received, through Embassador Em-bassador Mexerf Secretary Hay's , note communicating". President 'fcastro'S j. acceptance' ac-ceptance' of The Hague ' arbitration ' in principle, buW with an additional proposition proposi-tion which the Government at Washington does not support. - At the Newi Year's diplomatic reception today Foreign Minister, PrinetU and Embassador Em-bassador Meyer exchanged - congratulations congratula-tions over the anticipated settlement by arbitration ot . the Venesuelan- troubles. Senor Prlnettl expressed -his appreciation of the attitude of the United States and his satis taction at the State department's action throughoat the atfair.- . i : v .- ? ' .' |