, 1893-03-01
ISTIIMUS NEWS.
Colon Telegram, Srd Feb

of news, which are as many indications of the
way the wind blows in regard to certain mat
ters in the ISOLATION of which, we on the 18TH
mus are deeply interss e}.
We will first Alluds to Canal affairs another
stsp was lately taken to safeguard the Com
psny's interests on the lsthmus-we alluds to
the departure for Bogota. Of Mr.. Mango, thu
Representative Of the Liquidator here. NJ.
Ma ge left on thn 23nd ulto. and it ia re-
ported that, conf unity with another comm:s-
sioner on the spot, he is to discuss with the
''prorroga," 10, q further extension of time
within which the Canal works will be resum-
ed. Mr.. Mango left with the best wishes of
the community for tho success of the impor
tant and delicate mission he is entrurtel.with,
yet a divergence of opinion extdts rs to its
ultimate result. 1t is argued Ivy some, that
no in~surmountable impediInents will be
thrown in the way of the Liquidator, whilst
others are OF opinion that the Government
IL prepared to grant Afurthor extension to q
duly constituted company; declining to have
any further dealing with the Liqnidttor, who
has frittered away most valuable time in In
activity, spending uselessly large sums OK
money, which could have been advantageous
ly disposed of otherwise. 1t is further said
land this by "El Porvenir' of Carthageaa o
reliable authority, that the Government a.
waits prop tsals from the United States in
order to decide as regards q further extension
of the Canal Concession. Complaints have
also been made that those concerned with the
ex-Canal Company have clandestinely dis
posed Of considerable portion of the rolling
stock and other materials mentioning, besides,
numerous other Irregularities considered de-
trimental to Colombia's interests in the con-
Germ. BY what precedes, it is evident that
it will be very difficult for the Liquidator's
Representative to obtain further concessions
of Government.
The usual monthly drawing on Paris took
place on the 31st ulto, the unit offered TO
public adiudication-l50,000 francs, realiz-
all average of 764 per cent.
Ga the 10th the new steamship line, be.
tween New York and this port to be run in
connection with the Panama RAILROAD Com
pany. will be ~inaugurated, the str. Alamo
leaving the former CITY on that day. The new
company is called 1.-THE Columbian Line (P.
r. h. Coz and is bimonthly. Connected with
this new enterprise, another line of steamers
The Spanish American Steamship Co..
will ply between Panama, San Francisco and
intermediate ports. Consequent upon the
establishment Of this new Department in the
P. R. Il. service, Pisr No 4. will be taken
from the Gle, Generate Trausatlantiqus and
another berth provided for their service.
Competition is tie .aonI OF t.le.: The Paci-
fo MliI Steamship Company, tqshamper the
financial success of competing lines Of steamers
on tho Pacific Coast, has made a considerable
reduction in the rates of freight between San
Francisco and Central American Ports. Gene
raj merohandizs has been reduced from Sl3
to IS per ton, -four, 10 tc 3, lumber to IN.
stead IF "a dollars.
TheGovernment authorizes the Laying of the
cable between Colon and Carthagena, provid-
ed the cost d%oes;not exceed $3.50 900 with ill.,
~tererest at s per cent. guaranteed by the Go-
verulnent, which reserves to itself the right to
use the cabl free of charge, and to share tho
profit equally with the contractor. should the
enterprise yield moro than seven pei cent.
We understand that several offers have been
made to the Government to do the wOr>.
The port still remains closed for arrivals
from Hamburg. but the steamers ''Hungaria'
and "Renania" of the Hamburg American
Packet Co., we're admitted to pratique, having
arrived from ports where no epidemic malady
prevails.