The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1879-12-22
THE NICARAGUA CANAL.

PROMOTERS THE ENTERPRISE ONLY AWAIT
ING THE SURRENDER OF THE LAND-vIsIr
OF SENIOR DE FRANCO TO CENTRAL AMERICA
TO COMPLETE ARRANGEMENTS.
HERALD reporter called yesterday afternoon at
the Fifth Avenue Hotel to see Senior De Franco. who.
with Admiral Ammen. Mr.. A. g. Menocal and others.
has taken large interest in the Nicaragua Inter-
oceanic Canal project. The gentleman was found
busily engaged in packing his trunk He said. after
greeting the reporter You see am busy and can
spare only little time for an interview. will be
pleased to answer any questions the HERALD may
wish to ask me-"
"You start shortly then. Mr.. De Franco. for Mica
raguaY
eyes. tomorrow. by the Pacific Mail Steamship
line, arrived here last evening from Philadelphia.
"Does any other gentleman interested in the canal
project accompany your
"No; 60 alone Next week mr. Menocal will fol-
low me. Igo straight to Aspinwall."
'Then all preliminary arrangements have been
settled upon?'
satisfactorily Nothing remains but to
get the Nicaraguan governments concession. When
that has been accomplished the company will be
regularly formed. There will of course. have to be
aformal paper drawn up, officers elected and
Decided action on our part will follow the conces-
Sion"
'.what s the object of your sailing before the
Others Mr.. De Franco? Is there any particular sig
nihcance in it?
.That is easily explained have q weeks start of
Mr. Menocal to allow for conference with the Mica
raguan government about our project. will pave
the way for Mr. Menocal and expect to canvass with
the authorities the subject Mr. Menocal Will carry
with him instructions and full powers to enter into
an agreement. My conversation with the govern
| conclusion, Upon Mr.. Menocals arrival nothing
will remain except to grant the concession and agree
-.Do you expect soon to return to this countryY'
elm about two or three months"
INTERVIEWS WITH 0xNERAL GRAFT.
Ibid you have the pleasure Of seeing General
| Grant latelyY
.'oh. yes. went on to Philadelphia for that put-
pose. enjoyed not only one but many interviews
with him. Yesterday had an interview with MIN.
lasting two hours
Was there anything Of public interest in your
| mo. The General and myself simply talked
| business Matters
'.Then he has agreed to enter into the projectY'
Certainly. He has. in fact, been the originator
of it, He has been in favor of the enterprise for
long time. and has been largely Instrumental in
| securing public interest In it,
'He is to be the president of the company
Eyes. when it Is formed"
''Can you not tell me anything new about your en-
| terprise Mr.. De Francow
| 1.-THE HERALD's interview with Mr. Menocal covers
nave Just read the interview in today,s HERALD It
is exact except In few very trivial matters. Mr..
Menocn has said all there Is to say at present.
| every way they can"
| Your visit to New York has been lirnited?"
Necessarily so. have accomplished my object.
and no time is to be lost in putting our plans into
| execution. only arrived here at hsf-past five
o'clock last evening. and will be occupied the
mainder Of the day in my preparations for depar-
| ture tomorrow"
''You have every reason to feel satisfied that the
| Nicaragua canal project will be certainly carried
out"
81 see nothing to prevent ii. The concession, I
believe, will be granted us at once. Then have
only to commence operations"
'.Your return will take place when the concession
| is granted and the details agreed uponY
EYES, will not leave Nicaragua until all arrange
ments perfected"