Negotiations are pending
looking to the securing of the results of the decisions which have been
reached and to a further extension of the commission for a limited time,
which it is confidently hoped will suffice to bring all the business now
before it to a final close.
The strife in the Argentine Republic is to be deplored, both on account
of the parties thereto and from the probable effects on the interests of
those engaged in the trade to that quarter, of whom the United States
are among the principal. As yet, so far as I am aware, there has been no
violation of our neutrality rights, which, as well as our duties in that
respect, it shall be my endeavor to maintain and observe.
It is with regret I announce that no further payment has been received
from the Government of Venezuela on account of awards in favor of
citizens of the United States. Hopes have been entertained that if that
Republic could escape both foreign and civil war for a few years its
great natural resources would enable it to honor its obligations. Though
it is now understood to be at peace with other countries, a serious
insurrection is reported to be in progress in an important region of
that Republic. This may be taken advantage of as another reason to delay
the payment of the dues of our citizens.
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