The Daily times. [volume] (Richmond, Va.) 1886-1889, 1889-09-01
NICARAGUA CANAL.
MEETING OF THE SAN FRANCISCO
CHAMBER OF COMMERCE.

pri-c-The BENEFITS i, Promises to Com
mcrcc. the National Defense and the
Country Generally -EcsoIution- Adopted
Especial Corrcsro dence Of lleTmosl
NEW YORK. August 20. a most i'm
portant meeting of the Chamber Of
Commerce Of San Francisco took
place on july 10Th last, and IL was re-
solved that the organization referred to
should do all IN it, power TO maintain
the commercial ascendancy Of san
Francisco. threatened by the IN
roads made upon the Litter g
trade by the unfair competition of sub
sidized Anglo-Canadian railroads and
steamship lines. At this meeting.
which wassarEoly attended by the most
Influential IL erchauts on the Pacific
slope. il was resolved that. prior 10 the
departure OF the Pacific Coast SEN
at0rs and Representatives for the
National Capital. the Chamber
Of Commerce Of san Fran.
cisco should convene in special session.
inviting the attendance OF the represen-
tatlyes referred 90. and also requesting
that The Manufacturers Association.
the STATE Board If Trades the Board Of
Trade Of San Francisco. the state VIII
cultural Society. the san Francisco Pro-
duce Exchange. the Chamber Of Com
merce of San Diego. the Chamber Of
Commerce Of Eureka Gal he Portland
lOre.l Board OF Trade. the Astoria
lOre.l Chamber Of Commerce, ami such
other corpOrated commercial orgau'zl-
tiOns IN California and Oregon IS might
be- entitled to admission by the board
of trustees Of the Chamber 90 send rep
rcseniatiyes TO Il commercial c0nven-
ton called for ;he consideration Of the
following subjects:
I. The permanent establishment OF
ocean mail steamship lines ou Che routes
threatened by English subsidized COM
petition.
=. The application of the Interstate
Commerce law t0the American carrying
trade Of the Canadian Pacific railway.
or the abolition Of the bonding system
for railway carriage through foreign
territory.
3. TIE maritime defense Of Pacific
coast ports.
8. An ocean telegraph-cable TO Aus
tralia ri0 Che Pacific islands.
-. The energetic construction Of the
Nicaragua canal as mean, OF national
defense and commercial development.
The encouragement of maritime
commerce and increased energy in the
construction of ravy.
The date of this convention Of the
commercial bodies of the Pacific slope
August ooh. was looked forward to M
the West as likely 90 be- The starting
point for q return Of commercial aciiy-
ity in Californian circles. and paFiic-
ularlv was attention attracted 90
the report Of the committee, CONSIST
/ ing Of Captain William J.. Merry. chair
man. William lIqrnev. Peter Dean, l..
/ w. Newali and John Eyerding, ap
pointed 10 report upon the Nicaragua
canal. as il was generally admitted
thai The canal mentioned, now being ~
c0ur-e of construction. j. calculated 10
DO more 10 promote the commercial
welfare of California and Of the south
than All the other plans outlined in the
resolutions hcaped together,
Ihe report ct the Nicaragua Canal
/ Committee was as follows.
40 the Chombcr OF Commerce of Sah
Francisco and Mrited guests
@ Etlemen Your committee ap
pointed to report upon the prompt con
+ structi0n OF the Nicaragua canal a5 q
means of national defense and com
mercal development respectfully rec
port
-1 Asa means 0f national defense.
F I,o construction of this work under
American 9u-picas. is of great imu0r-
conc. and ADVANTAGE 10 Tine Republic.
Nnd ,sraoiallv fo the P.ciic COas,
tteroof Tho prom,t reinforcement %.
fho naval forces cf the United States on
tbe Pacific ocean. may 40 amy time bee
come national necessity. From tic
naval station at Pensacola. san Tran.
cisco can De reached by modern wal
,o..el. i'm twelve DAVIS Y0 tlc proposed
c,n.l
,.T,,o nni.,,o na.ilion of N.clm.ul
.,.5 its .,.rial adanfahIlitv as "a naval
'',,;ao o,,.in,e In fhe -lilbrious eli.
,nato f.. IRISH water. wherein mon
IT,. cam safalv lie al anchor without
tr.iliup. and the prolific country sur
.nrdino If combine to make b. tAo
most location ON he globe for naval
.,,,,on Win the tDrmui Of tine canal
.'r',,.,.,l, fortified. "a dry deck and coal
l'to,i,nnntheIakr.na. etalthltlo location
-, -. ,l,. C,rri,a.n g.a. fine Gnll
'' ~. AMI the r. ,cis. % can to th,
~, ~ -, r,i,n,ls ana samoa. o. would
- ,,.,;1,.I .r.,,o D., hermit epch ai
~ . 81 49,, -, h.nht.ir,l b.. any Euro
,,'' ,",er. q,w clral and Like Mica
raona unJer the Joint control of Mica
ra0na and tine United States. would b'
"a bond of paace. and im case of q war a
ls.ronohold unfaualel in importance
II will also secure 90 the republics o
Central and South America me d0mi
,,tin,. influence I'M rational Affairs &
l,,bich fhey are entitled by thDr geo
oraphical positions.
- The commercial importance O
1.-The Nicaragua canal tO our county. an'
e-peciallv % tine Pacific Coast. has been
en- often announced as the opinion o.
fbe chamber of Commerce a. san Fran
CISCO that your committee have bat &
reiterate the argument 10 hi, h0nOra
bic conference.
1T Is no small advantage 10 decreas
the navigable distance o. our tlsier
d.