The record-union., 1892-06-04
NICARAGUA CANAL.
SECOND DAYS PROCEEDINGS OF
THE CONVENTION.
George L. Converse of Ohio Chosen to
Preside Over the Delibera-
tionS of the Body.
Special to the REcoRD-UN1ox.

| Special to the RECoRD-UNIoN.
ST. LOUIS, June 3.-The Nicaragua Ca
| nal Convention reassembled at 10 O'Clock
this morning. The report of the Com
| mittee on Credentials was Immediately
presented. 1t accorded to each delegate
present one vote in the proceedings. No
contests or Irregularities were reported,
and the roll Of delegates having been
read, the report was adopted.
The Committee on Permanent Organi-
zation presented a report, naming Hon.
George L. Converse of Ohio permanent
President and Horace Davis of California
Senior Vice-President, with an addi-
tional Vice-Presidentfro from each State and
an Executive Committee on the same
basis. For permanent Secretaries, D. H.
McAdam and J. C. Broadwel were
named.
Converse, on assuming the duties,
thanked the convention for the honor
conferred. Then, reverting to the objects
of the meeting, he declared the building of
| the canal as necessary as the casting of
! cannon or the building of ships in time
of war, and for that reason, as well as for
commercial necessity, the Government
| should have control Of so great a water
way, which he felt should be constructed
| at once. His remarks were received with
| great applause.
| The Committee on Rules decided that
all resolutions be referred without read
ing and all speeches be limited to ten
minutes.
| An invitation from the Worlds Fair
| authorities that the Nicaragua Canal be
represented at the Worlds Fair Water
ways Convention at Chicago in 1898 was
referred to the Executive Committee.
| The report OF the Committee on Reso-
lutions was presented and read.
The preamble recited the history of the
| canal and the benefits to accrue from it,
| The resolutions stated that the United
States was more interested in the canal
| than any other nation, and should aid in
! building it upon terms which were safe
| to the Government and just to the COM
pany. The tolls of the canal should be
reasonable and so regulated by the Gov
| ernment that commerce shall not be op-
posed thereby; requested the United
! States Government to give such financial
assistance to the canal as shall be neces-
sary to secure speedy completion of the
| same; resolved that two committees of
five each be appointed, one to visit
each OF the great political National Con-
ventions, TO urge the adoption by such
| conventions OF resolution favoring the
canal, and asking aid from the Govern
| ment; recommending to the people of the
| United States investment in securities OF
| the company until the General Govern
ment shah have acted thereon
! The resolutions were adopted and
| Rear-Admiral Ammen addressed the as
semblage on the physical characteristics
of the various canal projects as compared
with each other. After the adoption OF
the usual resolutions the convention ad-
! journed sine die.
/ MOMENTOUS GATHERING.
New YORK, June 3.-Dr. Horacio Guz-
man, the Nicaraguan Minister, is here to-
day TO attend the regular monthly meet
| ing Of the directors of the Nicaragua Canal
Company. He declared that the con-
vention in st. Louis was momentous.
1T shows" he said, ''how this country is
! interested in the canal"
Suppose the Government refused to
take charge of the enterprise, what then?''
ne was asked.
''Oh, the canal will be put through. IT
is one Of those necessary enterprises that
private capitalists viii not hesitate to
back. No doubt in few years, when big
ships are going through the canal daily.
every one viii wonder why it was no:
completed long ago."