New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1880-12-31
THE PANAMA CANAL.
MEETING OF TIE AMERICAN CONMll lee.
so Bu-INfss SAID 80 - TEANsAcIth-N TALK
WIEN IHE tX-SFCREfAiY OF IIIE NAVY

MEETING OF TIE AMERICAN COMMITTEE.
so BU-iNFSs SAID 10 TEANsACitb-N TALK
wr!n rnE tX-srCREGAHY OF HE NANi.
4 meeting of the American Committee oil the
Panama Canal Company was hrId YESTERDAY after
noon AT the Office Of j. ~ W. Scli2man " Co.,
Broai-st. EN-Necretary thompson WAS present
Throughout the conference winch WAS attended
.' L,. Charlie. AMER and JOIN W. Elias, of Wiz
.loy Laucr x Co., and bY the Sclgmans. No
m.,uu,r of rhc firm # DrcXe Morgan y Co. the
tnird member OF the American Committee. was able
10 br pr sent 1t was sad by those who were at the
meeting that no business was Transacted. Inc
American COMM tc' i awaiting the official organi-
non of the company. which will take place soon
NJ PARIS. wnen instructions are expected. Ex-~cc-
ref nv on psou Will remain in the cty to-day, ana
after Il brlcf absence Will return 10 complete the
crganIz ltIou of the committee.
in rrpty to inq IlrIcs made by RGBU Ne reporter,
Mr.. hompsoa and Yesterday thar he had no an-
aver To make to the criticisms recently mt ie on Ina
ac ION ~ resIsnIn2 hrs Cabinet seat 10 accept 4
position under inc c2nal company. NV fcputa-
ton" he said pleasantly, must take care al itself.
| Is suhclrht To SAY that NY rcl1iiOn> with the
Government are Of the friend 81 charicter. Moth
l.r that have ,onp am likely - 30, viii inter-
| upt the harmony tx stang between mv-ctf and the
| Inrnb r, OF the Cavern ncnt. | an, mO,coycr an
Amcr AN To the backbone, aud shall Sc % 1t that
ucit ser the principles of the Monroe Dpctrne nor
tie 'icaty obligations of tins cInnTY shall he vlO-
| lated ~ the cons,ruct Of the Panama CInal.'
Sr Thompson SAID, further, that BY "a treaty with
| thr t,lmer Government OF Newt, rcHada tir Inn oi
| ~taus Government was bound to protect tue s"vo'
r..nu 0 ,bat country. II MAS true, therefore, Tat
bN treaty otpua'ohS IL wen Is III sen eitct, TIE
| UWted states was bound 10 protect tile lsthnls
| ,,.,n tsc territorial IMPRESSIONS OF foreign powers
| Blf I am sure he cOutnued. thit there ~ no
| III r., tlaI or from the building OF TINS cana by
f,; i.u company than there Youin bn from tue IN al
| ny OF II ny IN American CON pany Wi foreign cap
lfaI. il l. pithr bic, certainly, HAT II ar American
| coLnIrl Wcic lcun'd 40 cut I'm, canal. h WON'T
se., ,.it..t.- iur tie work ~ Eurnp'. lr sumo tld
| t,r. Nj a'apua Company VIII 90 chartered Dy Con
! .r,... Nothing rau happen, however. that VII
i..r. o.. 90 hos i.ty with the pIan'OtcIs OF TIA
seq, H., many Oi whom are my personal fricndS. In
decd tcTr room enough Tor both canals. for the,
| viii ne adapt. ii To different Kinds al trohic'
When asked wh.iG WAS tie precise na-urr Of hi
dpti-s A, chairman OF the Am Tlcsn tomIntit"o tn
a.. Secretary replied that lac "a p'Ivat
ri z"u; that the cohimIiiee had no en- Organized
| IN lac!. ne canal company would be Obliged {
buy taig- anOuu,s OF maternal. machinery and sub
ALL. nee stores M this country, because the cost ~
! TRANSFORMATION waud toTOli the purchase oi thrr
| I'M Europr. A, head ol thc committee. he wnGt
| h.v. e .arSc oi the disbursements oi the compau
on tbs accOlnt.