The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1893-01-15

oihl
We. TT of Colorado offered resolution
.,s,rue ing the committee on foreign re-
Ia ems 70 inquire what sums had been
ex sendel In and about the construction
of the Nicaragua canal since the accounts
OF expenditure heretofore rendered. he
ren srked that two years ago testimony
was .aken by the committee on foreign
rel SiCas which showed that up TO sha5
tir..e about s.. 000, 900 had been expended,
hut now il was proposed to give the com
pany S., eco 600 IN bonds guaranteed by
the government and $12, 00O, 200 in
stock. He did not suppose 1t would be
seriously contended that any such expen-
ditures rad been made by the company
within the last two years, and the pur-
pose of his resolution was TO ascertain
what the actual expenditures had been.
MIR. Sherman, chairman OF the commit
tee on foreign relations, said he had no
odas tf9ns to the resolution. Two years
ago, ne said. the company had expended
$1,000, G00N and since then had expended
considerably more, but it was not as
much as So. DOC, 600. But the amount
actually expended was to be ascertalned
By the secretary Saf the treasury and the
secretary of state ana the maximum to be
tul ned over to the company in guaranteed
boz Is not TO exceed IS, 900, 900.
N. Hoar said Congress SHOULD see to 1t
thai IN the construction of the Nicaragua
canal daylight should be- constantly
: turn ed in on every transaction.
T 2 resolution was, at the suggestion
OF MIR. Morgan, laid over till Monday.
The resolution offered yesterday by Mr..
Nor ,an of Alabama, instructing the COM
ml5tee on commerce to inquire and report
on the advantages to the interests of the
Uni ID States that would be afforded by
the Nicaragua ship canal, was taken up
and Ar. Morgan spoke. He said logically
Great Britain had just as much right as
the United States to charter the canal
company and take control of it, which 1t
was ! roposed the United States should
lake. If Costa Rica and Nicaragua werde
70 tei der such an overture to Great
Sritai, or if the owners OF the CONCESSIONS
ID were to take it to Great Britain and make
the offer which they made to Congress
and ii Great Britain should accept, the
United States would have one peltry
plea He would not call it palGry, one
+ emasculated plea, and that was worn,
and torn and dirty, that was the Monroe
doctrine, which the Senate of the United
States had succeeded in kicking literally
into doll rags.
Mr.. Sherman asked Mr.. Morgan to no.
'tice the objection made in some quarters
that the owners of Sc, 200 of stock Of
the company would have undue influence
IN the management of the corporation
Mr.. Morgan replied that in the pending
bill the power of the government was re-
Sc -ved-5fn control of the operations OF the
copeI6any. The government was to own
$50. COO. 600 of the 500, 000, 600 OF stock and
would therefore have control so lar as the
direction of the company was concerned.
{ Speaking of the provision OF the bill for
n Ten government directors out Of fifteen
Mr.. Morgan said if the French govern
nent had its own directors in the Panama
Canal company, the robberies which were
committed, the crisis which had dis
yraced and nearly destroyed the French
-eDublic would not have been perpetrated,
and that more of the fraud, and corrup-
ton, and villainy which was now shock
tng the sensibiiity of that great and noble
people would have been avoided.
Mr.. Morgan spoke till quarter past 2
Ind then the anti-option bill was entitled
% consideration, but Mr.. Wolcott, IN OPP
POSITION to that measure, moved to pro-
seed to the consideration of the first bill
N the calendar. The vote on Wolcott S
notion was to 81 mo quorum.l An
,ther motion by Mr.. Wolcott to adjourn
vas defeated but without quorum. A
oil call. however, disclosed the presence
& If forty-six senators.
mr.. Sherman of Ohio asked unanimous
onseat TO have the vote on the anti-op-
ion eln taken on Wednesday.
Mr.. Wolcott OF Colorado objected.
timulated, however, by hint from Mr..
herman that the measure was blocking
d important business.
Mr.. Washburn gave notice that he
-ould ask the Senate TO remain in session
IN ext Wednesday until the final vote on
ne snti-option bill was reached. Then
fter a brief executive session the Senate
diourned.