Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1894-04-25
GREAT SHIP CANALS. 4.
Schemes Being Considerably a Con-
gressionaI Committee.
Canal From Mississippi TO Lakes and One
From Lakes 10 Hudson.

matters which have been comparatively
neglected until few days past, and the
subcommittee Is investigating the bills
for canals. The great project Of q ship ca
nal from the Mississippi to Lake Superior
has got so FAR as to demand serious atten-
ton, and Hon. Mr. Kiefer of Minnesota,
who introduced the principal bill, has Sc
cured many favorable opinions for Il. His
proposed canal would start ct st. Paul,
follow the Mississippi to near its head and
then 90 through chain Of lakes to Duluth,
thus describing q complete semicirclc. An
other route advocated is up tho st. Croix
to its head ard then across the summit
level by way Of numerous lakes, and q
third leaves the St Croix and follows up
IN eastern branch Of it, running into Du-
luth from the south. Al these arc far
north Of the much discussed Hcnnepin CO
nal, and it is easy 70 figure on the basis OF
existing transportation what the gains
would lo.
deduction In Transportation Rates.
Last year about / /, coo, 600 tons Of freight
passed over the 800" canal, of which
about 1000 900 tons went to points on the
proposed canal At the ordinary reduction
from railroad rates the canal would have
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go en- - ,',o i'.',.aon 1N"o'i.i "i'n
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anu , 'yI''iin"'r '''r i''S"urg: Inc pres
vie '''' ,i,.i pioN i'''' "ii,S ,,r " ''''Ntf
was l'NoL%o'S r'p"r'cu 10 'he MY -'ccof"'
'a' i'"''i ,iii9 commute "uo NOT
~ - o.'' pi,'i,' ''''''Oiv"' az
.'i''U ca ''''7 '''ilE i,'oiit! i1' any
nc" "chc'ho VIII DC ignored ny thlS mousse
'i'''ia' matters.
Inc banking Il Il currency committee oil
Ihe mouse M" before 1T II DiilS Tor repeal
ing inc tax on state BANK circulation, ana
yot those VINO nave policd the house care
tuiiy arc not yet able 70 say positively that
trey ma majority in favor of such re
peal NJ. swanson found about 100 pres
tiNDr
ways ana reported that enough OF the alb
scntceS were known to be OF that line to
give salo majority. 1t appears, howeyoS,
that about third of those favoring the re
peal do so on condition that state bank
money shall be surrounded by various fed
"ral safeguards. In short, they would con
sent TO state banks of issue IT they were
somewhat better braced than tho present
national hunks In many sections of the
west the state h2nks made IL better show
ing in last summers panic than the ma
tionEl Ranks, and THIS TACT Is being used
f"r MI 1t Is worth in argument that the
present advantages of the state banks as
to security Tor deposits might be united
with the advantages of the national banks
IS to security for blliholdcrS, and thus an
ideally perfect system established
A NV az -u''''i'H Pt' anu t'it b'l'i' VIZ
c"nilI ''uSo ,thu 'he "oc'il'Vh'9 hiou III sup
port 'l'F2"i aiV enough 20 make common
ii'"ii ''C''" acn'' Ciid tAln appears 10 p'
one Z" 'ie th',l NELSON'S why t.le measure
i'''H'' so .u''V p'"@fS-''' Lac average
man ana 'h'r'io'H 'h' average congress
man. very soon '''' "a "I'I''SitI"h' On
i.''''''VV' "nu 50 Ia "a" ''il ",'s'oNf can see
ti'' ','l''l,''N'eC l. "'''' IL any h'"r'f 10
Wv i'-'u '''--' !" ~ " mum" ~ t'''o
NV.'l'' tA''N arc T." DOS ",-"fS as com
hil''V' !" H'dN' money iVil'y ana gre cur,
ry"'S Vpf'lN' ne e''''' me- NJ o''o'''
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w 't'HN '. "',H' "''' ''''' N',' P'"",'f
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ING ''ltVi'oc '",' we once o,t'l''i",