The morning news. [volume] (Savannah, Ga.) 1887-1900, 1889-01-08
NEW START FOR PANAMA
ruR CONTRACTORS TO ACCEPT
RAILWAY SHARES.

.,o,,r Thousand Men Made Idle for a
rr;af Period but Work Expected to
Pc Resumed Under the New Com
,arv-The Senate Sticks by the Mon
roe Doctrine.
WASHINGTON, Jan. TN the Senate this
morning the resolution reported from the
committee on foreign relations in reference
10 the Panama canal was taken up, ald Mr.
crav rose to make some remarks but was
lntarrupted bv motion made by Mr.. Ed
rnnnds and seconded by Mr.. Hoar, that i'll
consideration of that subject the doors be
closed The galleries were accordingly
cleared the doors closed and the Senate tat
1o.3 O'clock proceeded to discussion OF the
Enbiect in secret session.
The secret session continued till 5:40
O'CLOCK when the doors were reopened. 1t
was then found that the discussion had been
icarried on by Messrs Edmunds Sherman,
Morgan. Gray, and Jones of Arkansas, aid
that the Joint resolution was adopted by
vote of 40 yeas to nays, having been mod
fed so as to read:
PesoLred By the Senate and House of Repre-
sentatiyes of the United States of America, in
congress assembled, that the government of the
United States will look with serious concern
and disapproval upon any connection of any
FnrOUPan
control of any ship canal across the lsthmuS of
Darien. or across Central America, and musG
regard any such connection or control as in
furious to the just rights and interests OF the
limited States. and as menace to their welfare,
SEC z That the President be, and he is here
by requested to communicate this expression OF
the views OF the government or the United
States to the government of the countries Of
Europe.
The senators voting in the negative were
MesSrS RlackluF0 HamDtOu. Vance
1900 MEN MADE IDLE.
PANAMA, Jan. -Four thousand men
have been thrown out of employment by
the stoppage of work by two large contrac-
tors engaged in Panama canal work. 1t is
expected that the canal company will i'm
mediately continue the work, re-engaging
the discharged workmen. All is quiet.
The temporary suspension was caused by
the demands of the contractors, who have
now received instructions from the Paris
Office to resume operations without further
interruption. The suspension was only OF a
few hours duration. Perfect order pre-
walls in this city and throughout the
isthmus.
FUNDS FOR THE NEW COMPANY.
PARIS, Jan. AT a meeting of 1000
Panama canal shareholders, held at Yer
sailles to-day, NJ. Martineau, retired
engineer of the canal company, announced
that portion Of the capital required for
the new company had already been found.
The government has ordered that 1 900
Italian workmen on the Panama canal be
given protection and assistance until their
eventual return to Italy.
THE NEW COMPANY.
LONDON, Jan. s, 3 A. MA Paris dis
patch TO the Standard says: THE Panama
canal difficulty has been temporarily
averted, all the contractors having con-
sented to receive shares in the Panama
railway as guarantee for the sums becom-
ing due to them in the immediate future
The shares of the new company viii be
reserved exclusively for the present
stockholders. A circular has been
sent to the presidents Of the pro-
vncial committees inviting them
TO secure subscriptions to the new company
before the meeting on Jan. 26. The money
will be deposited in the Bank Of France and
will be returned il insufficient. The shares
will be Of SOC f ancs each, and viii bear
per cent. interest until the canal is opened.
Then they Will be entitled to per cent. in
terest on the net profits. Count DeLesseps
Will be chairman OF the company. The new
shares will take precedence Of all those
already issuedn