New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1894-07-26
FOR COMPLETING THE CANAL
EUROPEAN CAPITAL FOR THE MICA
RAGUA WATERWAY.
JOHN r. BARTLETT GOING ABROAD TO ENLIST
ronr1Gx MONEY TO A1p THE ENTERPRISE.

JOHN r. BARTLETT GOING ABROAD TO ENLIST
FOREIGN MONEY TO AID THE ENTERPRISE.
John r. Bartlett. chairman Of the Reorganiza-
ton Committee Of the Nicaragua Canal Construc-
ton Company. sailed yesterday for Europe on the
White Star steamer Teutonic A Tribune reporter
met him yesterday morning at the Union League
C,ub as ne was about start for his steamer
On being asked as TO his business pans abroad MT
Bartlett said reluctantly
"There are several large capitalists IN Europe
who are considering seriously the question Vi
tolning my friends and myself in TINS country
IN arranging for the necessary capta' u
The work Of the construction of the Nicaragua 'Ahd'
,,,tr II * COMPETED The purpose OF my Visiting
Eurone now is TO meet by special request THESE
croups of European capitalists who nave eNpreSsou
the desire Of furnishing capital for our enterprise
and plans are expected TO be formulated d. ou'
meeting on London by which '"eSe '''" -
financially Interested. -,
"Do YOU anticipate the ultimate construction Vi
the Nicaragua Cana. by English money?
.erbe Nicaragua Cana. is essentially an American
er,ernrise /, has been the talk of America for hf'y
years and the dream Of the Ola Word since the GAYS
The maritime commerce Of the word demahaS
action. The gateway 10 the racine mus, ~ de-
mands that this barrier to her prosperity De re"Tne
The word waking up 70 nT nss means the ex
tension of civilization, more potent 'han
any "Are YOU basing your hopes Of success on Con-
gress?
NOT COUNTING on CONGRESS-
CONGRESS has first chance TO procure the canal
as the property OF the American people. Inc OPP
portunity for acquiring the enterprise was never
so favorable before and may never be again am
not counting on such action. however. am organ
izing a syndicate Of Europeans and Americans 70
comnI@te the work 4 strong committee In London
mas been appointed to cooperate with the hnIeiVdI
committee in this country An once mas pvei
onrned in London for active operations there as wen
as this country. , .ho ,,o,a,,
ION what basis do you expect 10 raise me money
10 build the canal should the United states Govern
mont fail 10 come To your aid? ,,, Ill.,,
re civilized world is interested IN me puiunS
Of this canal There are questions OF importance
however. which have arisen that must ne CoilslI-
cred and settled before the money can be dehhltey
secured to the extent required such AS declaration
that the canal and necessary contiguous terrloIrS,
shall be made neutral by proper treaty rms w9uin
insure the largest possible trade for me cana IN
war as well as in peace. and would thus secure the
largest rates for tonnage transit II VIII De heces-
sary to incorporate in the organic law OF the ne"
company a declaration to the whole world OF Tree,
dom for navigation. on payment or proper uu's anu
compliance with rules OF the service ~,
How long will IL take TO complete the Work.
with sufficient money al our back We can com
pete it in five years from the date OF oeginhihg
actual operations My associates are an men oi
acknowledged financial strength IN the Cni'ed
States and Europe.