The morning call., 1892-03-30

ROUTE CT TIE y
stand alone in this matter. Every consumer.
every manufacturer Is equally Interested For
those sections which produce the least from the
soil manufacture the most. j he products OF such
are interehanGed and Thus the Nicaragua canal
Will form a commercial link, binding together tile
Two sides OF the American continent. and
cementing even more closely the ties which
unite the West, South and Northern parts
OF our common country. That II Is patriotic
duty and a com ercIal necessity 10 build this
canal. IL should be built now. IL should be
controlled by The United States. II THIS IS done
the commerce of the Pacific Ocean will drlft iuto
American channels. New York Will soon control
the worlds exchanges The great Wesl and
South will be electrified with Industrial prosper
ity. Our markets viii increase in number and
amounts. Our lands Will enhance in value
New Industries viii be everywhere created and
old ones better maintained. Our food surplus
Will be brought nearer tie mouths IL Is destined
10 supply. and thus benefit both producer and
consumer. New fields will be open 10 labor, and
safer inv Stments afforded 10 capital Then The
American nations which are all republics, viii
be able 10 m3intain The American policy n The
Western WOtld-a policy Of peace and CONNER
cial independence-and then the prosecution Of
their trade and commerce and tile perpeuity OF
their institutions viii rest alone with their own
people.
Tie following are the resolutions that
were read:
Resolred. By the California State Nicaragua
Canal Convention, duy assembled al San Fran
!. =,
II is deemed wise and eXpedieni that a NariOnnl
Nicaragua Canal Convention should be held at
81. Ions on The - day of June, Is 90, and for
ReSoiuCd, That the Governor of the state of
California be respectfully requested 10 commu-
nlcate with the Governors of all The States and
Territories of lie United States requesting each
OF said Governors TO select from among The lead
Ing citizens OF such State or Territory delegates
10 said National Nicaragua Canal Convention, 10
be held al The lime and place abovs stated; and
that each Of said states aud Territories shall be
entitled TO representative IN said National
convention equal 10 delegates for every Senator
and member Of Congress from the States and
Two delegates for every delegate 10 the Congress
OF the United States from The Territories
ResOlUed. That the Governors of the said
States and Territories be respectfully reques ed
10 select the delegates 10 said national eonveu-
lion as near a. may be in equal numbers from
the two great national parties, the objec, being
that said Nicaragua Canal Convention shall
voice the best business judgment of the people OF
this country. and that IL shall in no sense be a
partisan convention.
RESOLVED, That an executive committee Of nine
members be appointed By the chairman of this
convention, Who shall have full charge of all the
preliminary steps necessary 10 the holding OF
said national convention, aud also that said eX-
eculiVe committee shall have charge OF and shall
from time 10 lime consider such other questions
which NAV arise, and which may materially af-
feet or promote tile early construction of said
canal: and said committee is further empowered
10 Issue an address TO the American people
urging the early construction OF said canal aud
providing means therefor.
Res0fUed. That independent OF It's great value
as commercial highway, the proposed inter
oceanic canal is OF The highest political and mill
taTy importance 10 our country, which, having
coast liue OF many hundred miles on each OF The
two great oceans, must either malulain on each
or Them naval force adequate TO The defense OF
our seaports and commerce or else provide the
means OF ready transfer OF our naval vessels
from either ocean 10 The other. as the eXgencies
OF tie service may demand. We believe That the
saving to our Government In naval construction.
equipment and maintenance alone Will be equal
10 The whole cost of this canal across Nicaragua.
We believe that IL will double the efficiency of
our navy without any enhancement OF cost. and
constitute IN itself a powerful guarantee for the
preservation VI peace III Tie high seas-an object
in which all English-speaking people are deeply
interested.
RESOLVED. That in view OF the ranscendent ma
tional Importance of the proposed work we
heartily applaud tile patriotic suggestion OF Pres
ldent Harrison IN his annual MESSAGE;
" l most sincerely hope that neither party nor
sectional lines VIII be drawn on this great Amer
lean project, SO full OF interest 10 the peope of
all our States aud so influential Ia Its effects
upon the prestige and prosperity OF our common
country"
And call on the Daiional conventions OF
both political parties. now about to assemble. 10
give formal Endorsement 10 The same. and to
pledge their respective candidates TO the support
OF an undertaking so calculated TO rebound to
the honor and welfare OF our country.
After the reading of the above an ad-
journment was taken until o'clock.
Collector Phelps opened the afternoon
session by calling the attention of the con-
vention to the fact that Santa Cruz County
was not represented. and moving that f.
A. Heen and r. G. Kirby be seated as dele
gates from this section. The motion was
carried.
President Doyle suggested that the next
business on hand would be a consideration
of the report from the committee on organi-
cation and resolutions. and Ketchum of
San Joaquin moved the adoption of that
portion entitled memorial to Congress
His motion was seconded by A. F. Bacon
of San Francisco. Mccormick of the Fed
Grated Trades said that he desired to SUBJ
NIT resolution opposing the Government
guarantee Of bonds to the amount of
S100, O00.0 600 for the completion Of the canal.
Mr.. Estee said that il there is any man in
California who believes that the Nicaragua
Canal ought not to be built 1t would appear
to him that the Napa Asylum is not full
enough. 1t had come to him since the con-
yeution assembled that the Government of
the United States, under the treaty with
the canal. The bill pending provides for
the guarantee by the Government of $780,
100000 in bonds The capital stock is 500.
600, 600, and S70,00o000 would be voted by
the Secretary of the Treasury until the Gov
eminent guarantees made good. The Gov
eminent would, therefore, elect fourteen
directors out of fifteen, and the Government
| can at any time during the construction OF
| the canal purchase the 10000, 900 of capital
| stock. The stock Is put up TO secure the In
| unanimously by the Committee on Foreign
| Relations. This Is one of the few questions
In this country which has risen above parti-
| san consideration and Is national necessity.
| Mr. Estee suggested that the word "build''
| Should be stricken out, b cause the Govern
| ment cannot. under the treaty, build the
canal
Chairman Doyle called Collector Phelps
to the chair and addressed the convention
| at length
He said that the word manage" should
also be stricken Out, for the reason that
Governmental management of the canal is
| not practicable.
BY request OF Captain Beard OF Napa the
secretary read Sherman's Senate bill.
| Mr. Beard objected TO what he termed a
donation OF S100,000,00o by the Government
TO Few gentlemen constituting a private
| corporation.
WHY cannot the Government build this
canal?" he asked.
| Chairman Doyle replied that it was be-
cause the Clayton-Bulwer treaty forbids.
Mr.. Beard continued to argue that if the
canal Is constructed by private parties the
train. Will be charged all 1t will bear and a
| little more.
Captain Merry made O long speech In
favor OF private construction. He said the
only way TO get canal Is to allow the COM
pany at present engaged in the work to go
ahead. Ii the United States Government
| does not come to the assistance of this cor
| p0ration what will be the result? II Il
/ plain to every man wh0 has studied the
situation. The company will float its sond.
| IN Europe and Great Britain will contro