The sun. [volume] (New York [N.Y.]) 1833-1916, 1893-02-15
THE FIFTY SECOND CONGRESS
a TILT IN THE srNi7E BETWEEN
eMR. SHERMAN IND MI. TELLER.

tIon-Nr. sherman Replied TINT MIR. Tel
,er.- Statement was rai~c-Thc House.
wAsuISaror. Fob. 1.-THE Nicnrasuan Ca
nal hill was before tho Senate to-day for q
couple Of hours. and was then laid aside so
that the Sundry Civil Appropriation bill might
be proceeded with. Tho canal bill was the
subject of two speeches and OF q running dis
cussion. in which Mr.. Sherman. who Is In
charge Of II. took q leading part. He ex-
planned why IL was that twelve millions OF
stock tnlreaIy issued) was left outstanding.
At ono point in tho discussion Mr.. Teller
tRen. Coll referred to n statement Of Mr..
Sherman's ms u misropres entation. where-
upon Mr.. Sherman exclaimed that that was
false. as he had misrenresented nothing.
Mr.. Sherman tRop.. Ohio) reported back from
the Committee on Finance tho amendment,
suggested by himself some days ago. In refer
ence to the issue Of United States 3 per cent.
bonds. The committee has directed It to be
offered to tho sundry Civil Appropriation bill.
No change is made in the amendment except
to add at the end Of tho words for the pur-
poses provided in said &C" the words "and
none other"
Mr.. Quay REP. Pa offered a resolution.
which was agreed to. calling on the Secretary
of the Treasury for information as to whether
any part OF the appropriation for the Worlds
Columbian Exposition has been paid. and. II
90. under what modification Of the rule as to
Sunday closing. He also gave notice OF an
amendment to an appropriation bill making
appropriations connected with the WORLDS
Fair conditioned on Sunday closing.
H also gave notice OF an amendment to the
Nicaragua Canal, bill-that the act shall not
take effect until the Government OF the United
states shall have secured ty eonvention with
t shs p E,sas So i9 ssnsl e on tE EsfHI, ,isnt iSs sn asFp Psei e
~AAA~a Arl ~ Nnfnfnin n n = InnFn M
sssse!s on Lake Nicaragua. and to march mill:
tary forces through the territory Of either Of
canal and the persons I%citizens Of the United
stHtesl operating the same. ., ,,,,,,.u..
Of the spndr, eivil XpProPriation bilI Nearly
h ts Of the su I. ,ot Siv W6 biz nH Up been E nv dIs ! Sssd
81 Da ssas i oSer t ss % snS M1 When na az 2 s !. n. os Mr..
Allison. in charge Of the bill. said he would not
ask iIurther, consideration Of Il to-day. but
notice. however. that 10 Would ask the senate
tS.msrrow to 60 On with the .ppropriation BIN;
Mr. Mr. s S'saaaSu 'Rs p..t o %sS i IN aha snxse Q, d /, s ahd
that no desired to clear up ambiGuities. or
points were 90 to the amount Of stock
.nd al :Se as So'e tn ontst xas mot e 20 awn;
s:nstsaetlo sn' coS snnal eTf%R snss Contacts trad s he
i rs; S rs IS: 4 ass Sc s s; ill., Z :S !; Hs I ss " ss i : ss5 S, $3.50:
s1Sfs wv sG ssS. IS. tS E't tut c Of a' stSo. t 30. 600 II Il
a %al.. se9sa sSn y tSe 9e Gniesd s sas @ett T we've :
% Rass s%a 81 the ana d' ssai Ga sn II t Ss o ss1ds Si rom PI1;
them Mr b. some 3p method Sb Of cfH Iasirsa Hpa,,o- y
tholdine slightly Ss nj 81 the stoeti,to TX the
NE canal tolls 80 Is to leave no dividend for
twelve millions OF stock In the hands Of pri-
vH Il, o SS.ng w = rld,I be Of fan any IVA value At all Ind
stated very clearly, the exact position which
t hr;. COMMITTEES a1,tes on I, F9nrs!sn nb Esla.ion rs t sosotki;M Mr..
ton Of that state Of facts. the private ownors Of
this twelve millions Of stock had not some
t Ehef Csi sS@f s ss'Sse ss %o SfapipI ssv s1s sse fst s;os q
t xislnel ss sal I, tssz had Ss r ,stf1 i SHsh TO Drs fnow
,'ffhen. 81 What value viii that stock be to them.
S DaIsfa S !or IL. s stooi4o ai aHt 'o,' A' 70 ''AV'
these sireu@staness: the STOCK would be Of
that this grant OF $4,000. 900. Of stock is q
p qssesnizI f5sD shs %f iss. 9Pn '1Iss ssr Of tAs sh sasD 'ssses e.
h hs der, n while the IS stfect is an estinEuishmens
Mr.. Sherman replied that he was not pre-
colleague lMr: Bricei was familiar with rail-
%Hts 'e on f fcn 9 n'9 fsis S ; xS a]d not the een c :
t aeS. II Mas wS to ses s4i 7. rom its s9 ow nsw W9 Il w sas
private property. and the Government had no
i' IT.. B. B.i Sasn saii that h. he had not made these
Inquiries in any spirit Of hostility to the bill
S Or t. Si the nina, GspA! IL as w to Ts1'h to hs sn oSd w nHs meade e
stoskhollers. Or only the appearancs q q
ii% pterss Il H IN shs 20 S s'eIlnA &r: .? sher Iaan i repIied
thatthat was ior them to determine;
sherman was under a wrong Impression as to
the ownership OF the stock in question. With
WAS Still owned by, the construction company.
which WAS virtually the same as the canal
s ssSS , sssr and A .st isa %'l ths share. had been Si the ss's aos at
equal number q shares Of the canal com
't 81: 4 Hs itgo t ! s1st esl.h interviewed in the dis
ss ss aD F Es!yinG 9n the report IT Of sht tho Con Gho%pNIt t
s%herman was. mistaken as to. some points.
s Mr; Shsr% mhI. dec Nm %. TO- submit abn,.o T. the tn Inter vins
t tSSst'?Rs be ln %s1se ed b bs'.sn sf fss Senator S q s" from
oh A%h hsd IS .ef ia,s meFi ssid ! @@,sTssIp ee'nan. @I do
L lie s'Ss ]e3srnssn a q the tt'nIte siy s sss'a' sinai i"aii
have the control Of this canal. it is not TO DO
pIoeability is that the Government. dealing
~" - W bs'p0iN "oulo icNy III koll
enough to pay tho expense OF carrying on the
work. the interest on the bonds. and the sink
Mr.. Teller came back, to the report of the
committee ami claimed from 1t that he was
right in what he had previously said. When
the Senator from Ohio" Mr.. Teller continued.
says that my statement Ia untrue. no denies
his own record: he denies the facts on, which
his bill 10 based. II the Committee on Foreign
Relations. has since come to the conclusion
that another system is to be- adopted BY the
government. We are NO, responsible for that.
We ara presumed to go. first. on the bill which
the committee has presented. and second, on
H. report. an I'd to supp9t sh nat these ,%,t contain
e this com pany twelve millions OF stock when
1t was worth moro than par was giving II too
much. We had q right to suppose that that
stock was going to be worth what the commit
We have not been served with any notice that
there was 2 secret intent to 60 manage. the
canal that tho owners Of one-nfth Of the stock
were to get nothing; The statement which l
made was absolutely correct. and the state
mont Of tho senator from Ohio IL. at least. o
mistake"
Mr.. Butler Dem. q ca a member Of the
COmmitfaA IN EaratDn Ralatinpa-Tf W. cNul1