The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1891-12-10

result OF tho conference By an extern
sion Of the period. 1t is, in my judg.
mcnt, Incumbent upon tho United
States to conserve tho influential initia.
tive IL has taken in this message by
ratifying the instrument and by adj
vocating the proposed extension OF the
time for exchange. These views have
been made known to tho other digni-
turies.
~JEw-DAiTiSG IN RUSSIA.
This government has found occasion
to express, in Il friendly spirit. but with
much carnestncss, to hcgovcrnment OF
tho car, It's serious concern because OF
tho harsh measures now being enforced
against tho Hebrews in Russia. By the
revival OF antiscmitic laws great num-
bers OF these unfortunate people have
been constrained to abandon their
homes and leave the empire by reason
OF tho impossibility OF finding subsist-
enco within the pale to which it is
sought to coniine them. The immigra-
ton OF these people to tho United
States-many other countries being
closed TO them-is largely increasing
and is likely to assume proportions
which may make it difficult to find
homes and employment for them here,
and to seriously effect tho labor market.
1t is estimated that over 1000, 900 will
be forced from Russia within q few
years. The Hebrew is never n bcggar;
he has always kept tho law-liie by toll
often under severe and oppressive
civil restrictions.
1t is also true that no race, sect, or
class has fully cared for its own
than tho Hebrew race. But the sudden
transfer OF such Il multitude, under
conditions that tend to strip them OF
their small accumulations and to de-
press their energies aud courage, is
neither good for them nor for us. The
punishment, whether from direct de-
cree or by no less certain indirect meth
DDS, Of so largo n number OF mon and
womcn is not n local question. A de-
cree to leave INT country is in the ma
ture OF things, IN order TO enter anotll-
cr-some other. This consideration, MS
well rs the suggestions oil humanity,
furnishes ample ground for tho rcmon-
stranccs which VIC have presented to
Russia; while our historic friendship
for that government can not fail to give
the assurance that II representations
arc those OF Il sincere well-wishcr.
NICARAGUA CANAL PROGRESS.
The annual report OF tho Maritime
Canal Company, OF Nicaragua, shows
that much costly and necessary prepare
tory work has been done during the
year i'll the construction OF shops, rail-
road tracks, and harbor piers and break
waters, and that tho work OF canal con
struction has made some progress. |
deem it to be 4 matter OF the highest
concert to the United States that this
chanel, connecting the waters OF the At
lantic and Pacific oceans, and giving to
us 4 short water communication be-
tween our ports upon those two great
Seas, should be speedily constructed
and at the smallest practicable limit OF
cost. The gain in ircights to the people
and the direct saving to the government,
OF the United States i. the use OF its
naval vessels, would pay the cost OF
this work within 4 short series OF years.
The reports oil the secretary OF the navy
show the saving in Dur naval expendi-
lures which would result.
The Senator from Alabama (NIr. Nor
gan in his argument upon this subject
before the Senate at the last session,
did not overestimate the importance OF
this work when he said that 1.-THE canal
is the most important subject now con-
nccted with the commercial growth and
progress Of tho United States" Ii this
work is to be promoted By the usual
financial methods and without the aid
OF this government, the expenditures
in its interest-bearing securities and
stocks will probably be twice the actual
cost. This will necessitate higher tolls
and constitute a heavy and altogether
needless burden upon our commerce
and that OF the world. Every dollar OF
the bonds and stock should represent n
dollar expended in the legitimate and
economical prosecution OF the work.
This is only possible by giving to the
bonds the guaranty OF the United States
government. Such a guaranty would
secure the ready sale at par of a 3 per
cent bond, from time to time, rs the
money was needed. l do not doubt
that, built upon these business meth
DDS, the canal would, when fully in
auguratcd, earn its fixed charges and
operating expenses, but il its bonds are
to be marketed at heavy dis
counts and every bond sold is to
be accompanied by 4 gift OF stock, as has
come to be expected by investors in
such enterprises, the traffic will be
seriously burdcned to pay interest and
dividends. / am quite willing to recon-
mend government promotion in the
prosecution OF 4 work which, ii no
other means offered for securing its
completion, is of such transccndent in
terest that the government should, in
my opinion, secure it by direct appro-
priations from its treasury. A guaranty
OF the bonds OF the canal company TO an
amount necessary to the completion OF
the canal could, l think, be SO given us
not to involve any serious risk OF
ultimate loss. The things to be care
fully guarded are the completion Of the
work within the limits OF the guaranty,
the subrogation OF the United States to
the rights OF the iirst-mortgage bond
holders for any amounts it may have to
pay, and in the meantime q control OF
the stock OF the company as n security
against mismanagement and loss. I
most sincerely hope that neither party
nor sectional lines will be drawn upon
this great American project, so full OIL
interest to the people OF all our states
and SO influential in its effects upon
the prestige and prosperity Of our COM
mon country.
PROTECTION o LABoRERs IL NAv!ssA.
7 recommend legislation that shall
place labor contracts upon the Island OF
NnvosSa and other Islands HAVING tbo 70