The morning news. [volume] (Savannah, Ga.) 1887-1900, 1891-12-10

reason OF the changes and alterations that
take place from natural causes 10 the Rio
Graude and Colorado rivers IN the portions
thereof constituting the boundary line be-
tween the two republics. The international
boundary commission provided for by the
treaty of 1889 to have exclusive jurisdiction
OF any question that may arise. has been
named by the Mexican government. An
appropriation is necessary 20 enable the
United States to fulfill its treaty obligation
In this respect.
KING KAALKAUA's DEATH,
Thedeath OF King Kalakaua In the United
States afforded occasion 10 testify our
friendship for Hawaii by conveying tho
kings body 20 his own land in a naval YES
sci with ali due honors. Tho government
of bis successor, Queen Liliuokalani, is sock
ing 20 promote close commercial relations
with the United States.
Surveyors for the much needed submarine
cable from our Pacific coast to HonOlulu
are In progress. and this enterprise should
have the suitable promotion Of the two gov
ernments / strongly recommend that pro-
vision be made for improving the harbor of
Pearl river and eqnipping it as naval sta
tion.
The arbitration committee formulated by
the International-Am conference
lapsed by reason of failure TO exchange
ratifications fully within the limit of time
provided, but several of the governments
concerned have expressed desire TO save
this important result OF the conference by
an extension OF the period. 1t is in my
judgment incumbent upon the United States
to conserve the influential initiative 1t has
taken in this measure by ratifying the in
strument by advocating the proposed ex-
tension OF the time for exchange These
views have been made known 10 the other
dignatarles.
RUSSIA AND THE JEWS.
This government has found occasion 10
express. In friendly spirit, but with much
earnestness, to the government OF the car
its serious concern because Of the harsh
measures now being enforced against the
Hebrews in Russia. By the revival Of
antl>Semitic laws. long In allegiance, a great
number of these Unfortunate people have
been constrained to abandon their homes
and leave the empire by reason of the i'm
possibility Of finding subsistence within the
pale to which it is sought to con-
fine them. The immigration Of these
people to the United States
many other countries being closed
to them, is largely increasing and likely to
assume proportions which make IL difficult
to find homes and employment for them
here, and to seriously affect the labor mar
keb. 1t is estimated that over 900 coo will
The Hebrew Is never a beggsr; no has
always kept the law, and livesby toll, often
under severe and oppressive civil restrlc-
tons 1t is also true that no race, sect, or
class has more fully cared for its own than
the Hebrew race. But the sudden transfer of
such a multitude under conditions that tend
to strip them OF their small accumulations
and to depress their energies and courage is
neither good for them nor for us. The
Punishment. whether by direct decree or by
not less certain indirect methods, Of SO
large number OF men and women
is not a local question. A decree to
leave one country Is, in the nature
OF things, an order TO enter another-some
other; this consideration as well as the sug-
gestions Of humanity furnishes ample
ground for the remonstrances which we
have presented to Russia, while our historic
friendship for that government cannot fail
to give the assurance that our representa-
tions are those of sincere well-wisher.
THE NICARAGUA CANAL
The annual report of the Maritime Canal
Company, the Nicaragua, shows that much
costly and unnecessary preparatory work
has been done during the year in the con-
struction of shops, railroad tracks and har-
Dor piers and breakwaters aud that the
work Of canal construction has made some
progress. l deem 1t to he q matter Of the
highest concern to the United States that
this cenal, connecting the waters of the
Atlantic and Pacific oceans and giving "a
us short water communication between
our ports upon those two great seas, should
be speedily constructed and at the smallest
practicable limit Of cost. The gain in
freightS to the people and the d.
rect saving to the government OF
the United States, in the use of its naval
vessels, would pay the entire COST of this
work within a short series of years. The
report of the Secretary of tho Navy
shows the savings in our naval exDendt-
lures which would result. The senator from
Alabama, Mr.. Morgan, In his argument
upon this subject before the Senate at che
last session, did not over-eStimate the i'm
portance of this work when he said that the
'canal is the most important subject no =
connected With the commercial growth and
progress of the United States" IL 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 of the COM
pany should represent dollar expended In
the legitimate and economical prosecution
Of the work. This is only possible by CIV
Ing to the BONDS the guaranty OF the United
States government. Such q guaranty
would secure the ready sale at par OF a 8
per cent. bond from time to time as the
money was needed. do not doubt that
built upon these business methods the
canal would, when fully inaugurated.
earn its fixed charges and operating ex-
penseS. But II It's bonds are TO be marketed
at heavy discounts aud every bond sold is
to be- accompanied by graft of stock, as
has come to be expected by investors in
such enterprises, the traffic will be Sc
riously burdened to pay interest and divi-
dends. / am quite willing to recommend
government promotion In the prosecution OF
a work whica, IL no other means offered for
securing its completion, is Of such transcend
ent interest that the government should,
in my opinion, secure 1t by direct
appropriations from its treasury.
A guaranty OF the bonds Of the canal CONS
pany to an amount necessary to the COM
pletion of the canal could. think, be SO
given as not to involve any serious risk of
ultimate loss. The things to be carefully
guarded are the completion OF the work
within the limits Of the guaranty, the SUBJ
rogation OF the United States to the rights
of the first mortgage bond holders to any
amount it may have to pay, and In the
meantime control of the stock OF the com
pany as a security against mismanagement
aud loss. l sincerely hope that neither
party nor sectional lines will be drawn
upon this great American project, so full OF
interest TO the people of all our states and
so influential In its effects upon the prestige
and property OF our common country.