New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1890-08-25
AN IMPETUS TO COMMERCE.


aYou think then, Mr.. Miller, that the Nicaragua
Canal will give an immediate impetus ana ht'uns
and steady growth to the commerce Oh 'ne 'H'ed
states7'
mTao,h,od,v For instance, in addition 10 what
have mentioned there is the prospect Of new ACTIVITY
in the trade between Australia and our h'iauo po''',
which even under present conditions. has 1ua. III -
since 1855. Another most lnpor,aS e ~ the Tinted
States When the canal is opened our Cosse no I'M M,
be practically continuous from n "a over zoe 900 tons
ner annum between Atlantic and Gan pOg'' anu
Genital America and Columbia .acdis savannah
ORGANS Mobile Pearl River. pensacola, S pSn'
cir beaufort, Wilmington. NcrfOlN patulloIei
PhIsdeIDhia. New York and Boston are all hVfes'e"
IN .e amer built for tho purpose trade a9nS ING
chores OF the Caribbean sea, exeanghs our Ia NE hest
and the rchest districts and most valuable
nroducts of these neighbors OF ours are Oh ,hev fsI
pS ,rhare air vessels cannot reach then 50 ueS @
slde " psb and other steamers that ply on the weS'
Cost and the trade goes 10 Europe. ,o mailed
Wagn . iamers and coasting schooners to push
tbrough 70 the Pacific side ana compete I'D markets
trade With the advantage .S Sl those Of Europe will
not he long before coastng trade siH Ll 10 ore con-
70 times is present aRe saH FRANCISCO the
paei6c and New-Y ork the Auanuc, us 90 II IL
Of the world and the United states rsicay an endless
Cast line the mistress Of its commerce. .,,or and
this possibility the geogapclT Sal are most ad
natural iea' ND axe NIcaragna-the summit level OK
the mighty body Si feS Width MS0 deepening
10 fest swept continually by the trade whas, mdu
delightful and healthy n ' and Sig
pacant The nation that controls TINS Saha LII and
Of amlty with Ncaragnaa % pd aft dappui from
which either ocean may readily be reacheu III Ease "a
heeo this sheltered stronghold its sqnadrons after
service done on either ocean at the bidding OF T
oranhic sign from the home government, may IT'LL.
I'm absolute security uIlu sOIuc 10
newed need OF action calls again for tne eane 81
There be qssn sucs ece in
advance to quiet promptly any disturbances "hH may
arise. ....o,,ocoors,v one feet would
readily do the work of two and with ha'M epC ~
thus conveniently located the faeinc Uosse ON hoth
HIao,an nossessons well as orr commerce Oh W.
oceans would be as well guarded as our h'lan"'
Coast; ,,ou q, rrereIv incidental TO the canal
ne an American enterprise and reason outS,ue ~
financial considerations why it should coniHahu A"'
can support
TO BENEFIT NICARAGUA
,,.,,, cha csra, be ~ much benefit to Nicaragua -
myes Nicaragua is rich In natural resources, whcn
ara as vet almost entirely undeveloped' i iu,
OF minerals, and produces coffee, sugar ihoso "i'
cacao; rubber, cedar, mahogany ana uSe 49,
nail wood and tropical fruits There are god ana
silver mining districts at La Libertad ana Jusa.pe
and there are Others not so wei hhoNh' t ~
Sbontaies region east Of the lake. IS grazing eonIuy
supporting thousands of cattle Game Is P'cn'''-'
In the forests ana nSn uouIiuahV III ~
" The canal will undoubtedly open the country ~
and make IL wealthy. All the people there iuv III
ing forward to great improvement. n@Pi 80, Mos
be at racted the country, and vi" insure ~ P0'
perty.' -, ,-,o.,. Of Tho Maritime
Canal Company OF Nicaragua - 49,, -. ,ho s,te-
The Nicaragua Canal will stand ~ Ine s Sa,
vavs of commerce on the Western continent ~ 80
does In the East, TO take toll OF more Una" o''"'
OF the commerce OF the word. . D., 80. ox,ossiv,
. In view OF all the conditions, u IS ho' ,.N,,a
indeed II Is most moderate 10 expect FOR the h
Canal when it shall be opened 70 the uS"e 600 600
uord in lSo7 "A tonnage OF not less tian ~ "A
,ors rcaav for transit Now 100000 tons az - ~
n ton a moderate tariff. means revenue VI ~A''
5000 900 per annum III, Tor many reasons
he less than AT Suez but allowing them 10 ne t'e MI;
say 81 200 900. may say that Tue le' e .obllsty
/ nay ! prr cent on S325. 600 900, WIN uc P'0'''
~ greatly Increasing these large xic,rac1a
4 g. Menocal the chief engineer o h w sorriS incr.
cana, constrlctlon Company sent 10 inc ~ ~, -, Nan
nstiono, cor ress on inland naveatlon net ,sntne
chester England in July Of TN, year , on nres on ths
paper much commended by tEe E" ,neadn and work
Cr,r,1, canal IFS design. hnal "oap .ost ~ rio
,ccompllshcd MIR Menocsl put te tVe' a90 600 OOO
making OF the canal at not noc intc~eSt during
"eyclnsivc OF banking commits SONS. mc,Jed I'm tho
eons.rrrt,on and other expenses nOt ,sde with
oO"fNcers estimate That statement e. nsGncss llke
The qualification that an intelligent AL" 81 The basis
manaeement' formed an essehtaa P 81 the head II
~ his calculation With Warner Mller e,ce,f in the
I'm rortant place of chief engineer. ara AZ Network
officers assisting President Niler i han iudicious
intelligent and buslncsske tsNei '',on to ceie
thai about ls07 Americans Will he 'aicu b fsthmus
brate the opening OF waterway atV sean, Of engi
thc resli,ntton OF what has been the d dream Tor
neers and the hope OF merha''VS "''N
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