Liayard Tu Ask Johu Hull To Arbitrate.

Washington. March 7. - becretary Gresham is about to instruet Ambassador Bayaitl to urge upon Great Britain an adjustment of the long pending trouble between Veneauela and British Guiana, and to suggust urbitraiion oí the question. Thls action ie in pursimuce ot a recent resolution ot congress. The rosult of Mr. Bayard's appeal is being watched with mach Interest, owing to the reports from Venezuelív that the trouble has reaehed a oritioal stag.', and that both sides are massing troops in the disputed territorj lying botwi'iii them.