National Republican., 1883-07-09

canal will not be built. Investors ask
what there Is in o canal for iustifying an OK
pendituro Of 600000,0o0, in addition TO the
$3.50, 900, 900 already spent, and how 1t Will DO
possible to earn dividends on that enormous
sum- To earn money enough to pay ever so
small rate Of interest to the company would
have 20 levy heavy tolls upon vessels passing
through the canal and that would drive
business away Two railroad lines traverse
the continent from ocean to ocean, and two
or three moro routes will soon be in opera
tion. Competition will oheapen rates for
freight 10 that q canal company would
have to keep its tariff low to hold the
Asiatio business. For that matter it would
not cost much to throw two or three more
lines of railway across the isthmus II they
should bo needed"
"what securities are most popular In
Franco ~
american securities are always in de-
mand Our people suap greedily at United
States bonds and good railway stocks and
bonds. They have more faith In the future
Of American than in English securities. Tho
| American bond Is much moro popular than
| the British consol."
as that because England has announced
that the principal will never be paid ?"
Lord bless you, no. If tho United States
would do tho same thing, so that its bonds
could be permanent long time investment,
/ verify believe France would take 81 100000
at 81 per cont. Il Is the short time your
bonds have to run that our investors object
| to- The French look upon the United States
as the most stable government in the world.
Prejudice against England may have some.
thing to do with this feeling, but not much,
"By the way, one thing saw at Panama
struck me as very singular, On the wharf
were over Ave hundred tons Of California
wines bound for Bordeaux. I learned on in
quiry that an enormous quantity of California
wine is shipped to Bordeaux evory year, and
after being doctored Is exported from that
port as native French wine, some Of 1t doubt
less finding its way back to San Francisco.
This business has grown to enormous proper
tions. One Of these days Americans will dis
cover that their wines are as good as the
vintage Of France and Germany, and they
will stop importing foreign Wines"
s%~
Hon. J. G.. Carlisle Of Kentucky, has re-
turned from New York. He will not inter
view for publication, but to his friends hi
expresses the greatest confidence in his cleo
tion to tho speakership. His programme fol
tho summer is already mapped out. He will
remain here two or three days attending Il
urgent business in the departments, and ther
leave for home, where he will remain about
week, settling up his a6airs, SO as to leav'
him foot-loose for. the remainder Of the sea
son. About the twentieth he will start TO
| an
mer. 1t is his intention to visit tn
watering places of Wisconsin and
Michigan first, several doubtful votes needing
his attention up in that section. He viii
then take run through Missouri, Illinois
and Indiana after which he will jump to tn
seashore combining business and pleasure
He intends to travel leisurely, but 1t is sus
pected that he will not waste time viewin
scenery unless congressman are in the nea
foreground. Indeed he makes no conceal
ment of his purpose to make personal can
vass for the speakership as far as practicable
He confessos that he is candidate, and ac
1 mits that he wants votes, and isn't ashamed
do all that can be done legitimately to &c
!. votes. 1t cannot be charged against MIR. Cal
8 Isle that he is playing under cover.
&"4
| Brewster Cameron signs his initials b.
to great many papers, and the clerks abor
! this department of Justice have fallen int
u the habit of calling him Before Christ"
~
Information reaches here from st. Paul
the forcible ejectment of Father Tomaz
u from the Red Lake Indian reservation und'
l. orders from the department Of the Interio
. Father Tomazie spent several weeks in Wasl
u ington last winter pressing charges again
~ Minneapolis and st. Paul lumbermen, who
u he accused of stealing timber from the rese
y vation, and otherwise swindling the Indian
1t was evident he was playing with the hir
= legs Of a mule.