The Daily times. [volume] (Richmond, Va.) 1886-1889, 1889-02-02
NICARAGUA CANAL.
CONFERENCE REPORT AGREED UP0N
~ BOTH HOUSES.
YESTERDAYS PROCEEDINGS OF
BOTH HOUSES Of CONGRESS.
Washington News In General.

to-day The report, As agreed iO. is
The senate rccedes from amendment
80 !. and substitutes May issue stock
to the amount 10 the just value of sucl
estate. property and rights, and for work
and la' or done or material provided ir
thc execution of The work 0f con
-tructiug said ship canal and thC
stock issued for these purposes shall
Doe deemed paid up stock and shall not
/ Doe liable to any further calls OF assess.
menfs After The words United States
+ in line #. is inserted All shares, stocks
[ bonds. certificates or other securities
which the company may issue 90 raise
the corporate capital, shall he executed
and issued at the principal office i'm New
/ York city,
The Senate rccedes from section 3
and inserts But no certificates for
stock except as otherwise provided in
this act SHALL be- issued till at least 10
/ per centum of the par value thereof
shall Doe fully paid for in money, and
such deposited in the treasury of said
company. and there shall Dee at least one
million dollars I'm money paid on such
subscription into the treasury of
said company within one year
from the passage of this act,
and said company is hereby prohibited
from returning or repaying any part OF
money STD paid no part ol the capital
stock paid iu shall De 40 any time with
drawn or returned t0 the stockholders
or in amy manner directed from the
proper uses of The corporation Any
violation of the provision of This section
shall subject the charter to forfeiture
The House receled from amendment
SO a. and ia lieu thereof inserts:
This act SHALL expire and e0f no force
or effect 40 The end of three years unless
the construction of said canal shall be
commenced and prosecuted in good faith
within that time
PUBLIC DEBT SETTLEMENT.
The reduction I'm the public debt dur
ing January past amounted 90 Sl22l6.-
PSI The net cash on surplus in the treas
any to-day j. S64.956 94j, as against $50
636 .264 q month ago.
Government receipts during January
were unusually heavy and aggregated
S3I. .Of1, ,6Jj. or three and quarter mill
lions more than in January last year
Expenditures during the past month
were S26.553.jjj. or four and a-half mill
lions more than inJanuary lsss Receipts
from an sources for the drst seven months
of the current fiscal year were S224 1j6.-
i24. against S2232l4.9s4 during .he first
seven months of the preceding fiscal
year and expenditures were Slss G4s lOi
during the past seven months, against
5lG3. .5ls ,46l for the corresponding
months of The preceding fiscal year
NEW POsr0TFICE
A postoilice has been established at
-Four Mile Run. Alexandria county, Va.
and Thomas Taylor has been appointed
postmaster
ADDITIONAL INSTRUCTORS OS TIE
SAMOAN QUESTION
Count Arco. the German Minister
called at the State Department this
morning and submitted go Secretary
Bavarl The substance of new instructions
relating 90 Samoan affairs. which he bad
received from Prince Bismarck by
cable dispatch to-day These Instructions
were in substance as follows When
the state of waT Was declared against
Mataafa the commander of the German
squadron issued proclamation by which
the foreigners established in Samoa were
subjected TO martial laws international
law would. t0 certain extent, not
prevent such "a measure but as Prince
Bismarck is OF the opinion tlHt 0ur miIi-
tan authority has gone too fan in thi-
instance the military commander has rc-
ceiyed telcg;aphic orders 90 withdraw
the part OF Dis proclamation concerning
foreigners
"ln negotiation with Maiaaia, our
consul ai Samoa has asked That The ad-
minisIatiOn OF the islands of Samoa
might be temporarily handed over 90
him. which demand NOT being In con-
iormity t0 our previous premises regard
inI the neutrality and independence of
samoa, Mr knappe has been ordered boy
telegram to Withdraw Immediately his
demand
This Oral communication. together with
copies of tAe dispatches received from
Consul Blackjack yesterday, and one sent
10 Minister Pendleton last night, were
speedily handed 90 the President, and
later in the day were sent 90 Congress.
Consul Blackjack telegraphed yesier-
Jay
German Consul declares Germany 40
gar with Mstaala, and Samoa under
martial law
Secretary Bayari, in his dispatch 20
Minister Pendieton last night. instructed .
lim tO say tO the German Government
haf in view of the adyices received from .
ou.ul Blackjack the United states as
,umcd that German officials IN Samoa
would protect American citizens and
CONGRESSIONAL PROCEEDINGS
The Senate spent almost the entire day 7
% secret session.
Nr salisbury offered "a resolution of F
inquiry into the condition OF affairs on
he Samoan Islands, which was adopted .
The Senate then went into executive .
ession ON the British Extradition Treaty.
md at . o'clock. when the doors were
,pened adjourned until Monday
THE HOUSE.
IN The House to-day the conference re-