New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1888-02-28
NICARAGUA CANAL COMPANP.
INCORPORATED BY THE SENATE.
MR.. VESTS AMENDMENTS REJECTED-THE SUGAR
TRUST IN THE HOUSE.

MR.. VESTS AMENDMENTS REJECTED-THE SUGAR
TRUST IN THE HOUSE.
WASHINGTON Feb. 27.-AmOng the petitions pre-
sented and referred in the Senate to-day OF
the Chicago Board of II AIDE protesting against any
legislation that would deprive citizens of tho United
States OF the facilities offered by Canadian railroads
for the transport alton of American products free OF
duty under the Bonded II ans portatIon act
Among the bills introduced and referred were the
following:
by Mr.. GORMAN-To establish Court of Patent
Appeals
on motion Of Mr.. EDMUNDS tho Senate at IL 80
resumed consideration of the bill to incorporate the
Maritime Canal Company OF Nicaragua.
Mr.. kDMJ NDS offered resolution declaring that
nothing In the act should be deemed construed TO
restrict or impair in any way any right of the United
states under any treaty In force with the Republic Of
Nicaragua. Agreed to.
Mr. VEST offered a resolution declaring that nothing
III the act should be he'd construed to involve in
any manner the United States in any pecuniary obl
CATION except as to the payment of tolls The amend
ment was rejected. Yeas, Il nays, %.
Mr. VEST offered another amendment providing
that no part OF the capital stock paid in shall be at
any time withdrawn returned to the stockholders
or DO In any manner diverted from the proper
Of the corporation
Mr. TELLER opposed the amendment, declaring, in
the course OF his argument, that there not more
building Of tho Nicaragua Canal. The American
people the said could afford TO allow the French
Government to build the Panama Canal and hold 1t
IN hostility to the United states.
MI hOAR suggested to Mr.. VEST to modify his
amendment by allowing stock to be returned to stock
holders Tor the purpose OF winding up the corporation
anu MI; iol mOIIhcd IL accordingly.
Mr VANCE called the attention Of Republican Sena
,ods 10 ln5 iact that the Cl omitted 10 require All
iacture. as not that, he ashcd, all evasion OF the
duty which Senator'S owed ~ the Pennsylvania steel
and iron mauufa- tuTcIS
Mr. TELLER replied that II the managers of the
enterprise were untrammellcd, and would buy their
picks and shONelS and batrOWs whore they could find
them 6est and cheapest, they would buy them in the
Mr. VESTS amendment was rejected Yeas, II /;
nays, 90.
Tie Iill passcd-yeas, 80; nays, 10. c,..,..
p. DAILY, Daniel Ammen, Francis A. stout, Horace L.
Hotchkiss, Edward +. Beale, Hiram Hitchcock, e.
Ridgelcy Goodwin A. c. Cheyney, J. f. O'shanghnessy
II. c. Taylor. J. ". Miller A S. Crownlngsheld A.
@. Men0cal, Charles H. Sebbns, T. Harrison Garrett
jules Adige, Il. A Lancaster, Alfred E. Mills Gusave
T.. kssell, Horace Fairbanks. George ii. ROBINSON
Alfred B. Darling. Joseph F. Nc Donald, James Roose
welt, Christian Devries Frederick f. Thompson, Henry
A Parr and such other persons may be associated
with them and their Successors for the construction
the Atlantic the Pacific ocean, either entirely
through the territory of the Republic OF Nicaragua or
through Nicaragua and In part through The territory
Of the Republic OF Costa Rca with such collateral con
nrcng cross canals as may be necessary to connect
herewith.
The capital stock Of the company is to consist Of
the right to increase the capital stock to two million
shares upon the vote OF the stock of said company at
any time outstanding.
The senate then took mp the bill granting pensions
to cxsOldcrs aud sailors vhO are incapacatcd FOR the
he performance Of manual labor and providing Tor
pensions to dependent relatives Of deceased soldiers
sailors