The Daily times. [volume] (Richmond, Va.) 1886-1889, 1889-09-01

! mODtfn steamships IL i, ltSbu' ~ a
valuable auxiliary. Maury has well
stated that were an earthquake to sever
the continent. at Panama. sailing ships
would still prefer the Cape Horn passage,
on account Of the almost unFemittlng
Gains on the Panama route. The Nj
caragua route is adapted to the use oil
sailing ships. by reason of its situation
north Of the region of tropical Gains.
and doubtless it will be extensively
used by them. Sailing ships can gen
orally carry carg0es cheaper than steam
ships. and III paying canal toll would he
relieved Of payment for tonnage on
/ fuel and machinery. while the cost oil
/ towing through would be moderate
compared to the relatively greater
freight capacity. This is "A valuable
+ feature in considering the value OF tins
/ benz hcent work.
The construction Of the Nicaragua
+ Canal will greatly Increase our trade
with the Central American republics.
/ the total commerce. Of which Is stated NJ
$50 OOO.OOO annually. of which the
/ United States now receives only one
sixth. this disparity being largely due
/ 10 the facility of maritime communica-
/ ton with England by established brlt.
/ i-h mail steamship libes, under maui
contracts with that government.
The foreign iraieof Nicaragua alone
+ IS stated al about $1,000, 900 annually,
= IF which the United States receives only
0ne-Gilh. The intimate commercial
inI political relations consequent upon
ihe construction of the caIal under
/ American auspices. would turn nearly
Iall this trade into American hands. and
o. q great degree The same statement
holds good 90 ID the commerce OF her
sister republic.
NICARAGUA As 4 COUNTRY OF GREAT
NATURAL RESOURCES.
Tine LEGAL commerce. which would
rapidly deycl ~ ON it's internal waters
connected with the canal will IN short
lp.ri9I pay Che cost Of mlintenauce'
/ Valuable woods. the lin 80 cocoa IN the
world. coffee. cotton. clchineal indigo.
ssr1r. and India-rubter are "a few Of
10. native products .lll articles IN de-
mandl. Offering us in return an M
creasing field for the manufactured
products of our country.
carving trade rim canal 3 Atlantic
ports. The SAez Canal will no longer
beavailable for this purpose. But u Is
IF no importance o. Pacific Coast ports
to be made way ports OF Pacific Ocean
commerce. The imma use treight-
which have passed over the Panama
iT,thmus have rot created prosp"rou
commercial cities there The mere
lt-arshipmcnt of freight VIII enrich mo-
.eap0ft: 10 IS the di-irinutiNc commerce
ltlat cnfiehts maritime cities. In any
leyent we cannot prevent the Canadian
Pacific competing for the through
! trans Pacific freight. indeed. thl'
fact must change the railroad policy OF
Terminating against Pacific Coast
norris bv carrying transPacihc freight
relatively much cheaper from Cnlna
md japan 10 Chi ago and New ork'
than from San Francisco To the same
points. when the canal Is completed
Pacific Coast railways will adopt the
|di..ributive policy in their freight bus
mess eastward. ], will become thel
advantage TO do 80. and tins WI &C
cord to Pacific Coast seapOrts the al
vantage iO which they are entitled 10y
reason of their maritime positions.
rnr OCEAN Is NATURES GREAT HiGn-
WAY.
TIE greatest Of American statesmen
William II. Seward. has said that the
Pacific Ocean would ho 'ihe scene OF
man s. greatest achievements. Inc
.uaisn of the two great oceans whici
wash The shores of the Great kepupil'
viii be an suspicious event to ou'
Irauetrv and the world especially t'
Inc interests represented i'm the Honor
able Conferences. Confident III tins as
sarfiou v0nr committee respectfully
presents the following resolutions foi
Adoption.
.LaJled. That the prompt compile
ton 0f ihc Nicaragua Canal Is Of greal
importance and advantage o. our coun
. trV. and especially ID the Plcii' Coas
thereof. Us means OF national defense
and commercial Development.
"EesOireL That any questions wmcl
mav arise between TIE republics oil
Nicaragua add Costa Rica regardini
boundary rights in connection with The
Nicaragua Clnal should not " per
mittod IL delay &C., construction, bu
should bee promptly unlimited to TN
- President of tine tniied States io
friendly arbitration.
"R8Oired. That our Senators an1
Representatives in Congress are respect
fnlN requested to aid the construction
Iof ihs Niraaeuq Canal By any leg.sla
tive action that may be proper. pro
p tecling thc dominating interests Of th
gniteI States therein, and securing T.
maritime commerce ana iDtefocean
highway. free ID all nations, on equl
- terms.
~RcsOhsd. That copies OF these resl
b buttons. oilic ally a,le5tcd. be- FORWARDED
totio President of the United States
.he Presidents of the Republics of Mica
; rlgua and Costa Rlca. also To- the Ssnat
ana House If Representatives. 81 th
D. United Safes. through the Pac'h
Coast delegation.
Toe healthy sentiments expressed b
I such am important gathering OF mei
j chants IA thtt assembled at the cOnVen
D ticn called by the Cnamber OF Con
t merce of San Francisco seem 10 be IKE
- lv 10 stimulate the Nicaragua Cahi
% Company o. pat forth redoubled ciiOr
to show the world that American ente
prise and ability will succeed IN VIVA
e. ever they undertake..
n
The q nmh of Captain john smith.