Savannah morning news. [volume] (Savannah) 1868-1887, 1881-06-28
The Panama Canal and the Monroe
Doctrine.
Mobile Reoister.

Since the exhaustive criticism of the
Register on the Morgan anti-Panama
resolutions. the subject has been exten-
sively discussed, and has evoked past
"reminiscences of the time when Mr..
HAYES, as President (by breveD of the
United States, let fly large number of
American eagles as parting salute to
the seat he had purloined from Mr. Til
den. Those elucubrations of die,in.the-
ditch patriotism of the eX brevet Presi-
dent are now exhumed by the venal
pipers in jay Gould's pay, and in turn
call forth singing rebukes, one OF which
from Mr.. Ramdell, deals rather uncere-
moniously with the assailers of Mr..
Blaine's neutrality policy. He says;
stIhe fuss made about the proposed transfer
of the Panama Railroad to French company,
and the lud call made upon Mr.. Blaine to pre-
vent it. might well alarm some innocent people
il it were not so ridiculous The New York
World is especially quite frantic upon iSthmus
matters and howls the Monroe doctrine with
such persistence that it may come to believe
there is really something in it. Precisely why
foreign capital is more dangerous TO American
independence in the Panama Railroad than in
the Erie Railroad, or any other means or trans
port alton, is some hing none OF these patrlot1c
gentlemen attempt to elueidate. They de-
nounce Mr. Blaine for not stopping the en-
croachments of foreign capital on the isthmus.
Precisely how Mr.. Blaine is TO be supported IN
such an attempt none OF these howlers attempt
TO tell To deny French or English capitalists
the right of building canals or railroads
through country not our own, or subject TO
our control is one thing, and TO back that de-
NAL by force of arms Is quite another. Ine
ri0ht 70 deny is not plain. The fact that we
have no power to enforce such denial is plain
enongh To suppose that this government will
thus easily con- ent to involve itself In foreign
difficulties from which there would be no es-
-. nd
would be no meeting except through dlsas-
irons war il 10 presuppoSe the Secretary or
State a fool No. When this country goes TO
war again with foreign power, II Will oe upon
some more tangible ground than the Monroe
doctrine When journals really raise sucn an
alarm, it will be on something in which the
fine, bold hand Of the American speculator is
not quite so ridiculously apparent"
On par with the fiimsy objections
here denounced, we find that the ennis
saries of the great financial ring Of Wall
street are busy manufacturing the most
silly reports about the work itself, rep
resenting it as virtually abandoned, the
workmen dying out from starvation and
sickness and fleeing the country by
thousands.
How these reports may be reconciled
with the actual purchase by the canal
company for an immense amount IN
cash of the Panama Railroad, is a mys-
terry of inconsistency which these inter
ested gossips do not appear in hurry to
solve.
The canal will be built, and in spite
of all the opposition which Gould, Grant
and the World may call TO their aid, the
canal will be to the South what the suez
canal has been to Egypt and the Medi-
ferlanean mowers: q source of prOht and
power.