The Central American Court of Justice, contemplated in the treaty of 1907, quoted above, was formally instituted, at Cartago, Costa Rica, with appropriate ceremony, in the last week of May, 1908. The Honorable William I. Buchanan, in attendance as Commissioner from the United States, added interest to the occasion by announcing the proffer of a gift of $100,000 by Mr. Andrew Carnegie, for the erection of a building to be dedicated to the exclusive use of the Court. CENTRAL AMERICA: A. D. 1909. Financial undertakings in New York. Honduras, Costa Rica, and Guatemala. In the summer of 1909 various financial undertakings by great banking houses in New York were announced, involving some handling of the debts of Honduras, Costa Rica, and Guatemala. It was thought that these operations were in line with efforts of the State Department at Washington and the Bureau of American Republics to bring about the establishment of a chain of American banking houses in the Latin-American countries, for the advancement of American trade and the promotion of more intimate Pan-American relations. CENTRAL AMERICA: A. D. 1909. Nicaragua. Establishment of a colony of Sioux Indians from the United States. A dispatch to the Press from Boston, November 17, 1909, made the following statement: "To save the remnant of the Sioux tribe of Indians from extinction by consumption and other diseases, a colony of the Indians will be established in Nicaragua early in the new year. Chief Little Bison, a full-blooded Sioux, sailed from Boston on the steamship Esparta to-day for Nicaragua, where he will receive the deeds to 16,000 acres of land granted by the Nicaraguan government for the establishment of the colony. The project is supported financially by F. S. Dellenbaugh, head of the American Geographical Society, and several wealthy New York people. The emigration of the Indians is expected to begin in January." CENTRAL AMERICA: A. D. 1909. President Zelaya a menace to peace. His conduct trying the patience of the United States. In the early spring of 1909 the disturbing attitude and conduct of the Nicaraguan President, Zelaya, not only towards his near neighbors of Salvador and Honduras, but also in the relations of his Government with that of the United States, had caused the latter to enter again into consultation with the Mexican Government, as to joint action to preserve peace.