The United States and Chile agree to submit the long standing "Macedonia" dispute for arbitration
The United States and Chile agreed to submit their long-standing dispute over the Macedonia claims to arbitration. The King of Belgium was appointed. In 1821, an American ship and its captain had been detained and goods confiscated by Chilean forces then led by the British admiral Lord Cochrane. The diplomatic argument had festered ever since. The King did not render his decision until May 15, 1863 when he awarded the United States $42,400 compensation. (By John Osborne)
Charlton Thomas Lewis, Joseph H. Willsey, Harper's Book of Facts: A Classified History of the World; Embracing Science, Literature, and Art (New York: Harper & Brothers, 1895), 809.