The McCook tribune. (McCook, Neb.) 1886-1936, 1894-12-28
GRAND OLD PARTY.
THAT PREPoSTERoUs NICARA-
qua SCHEME.
Nothing Can Excuse a Nan Who Votes
for 1t in the Present Condition of
Affairs-This Is Not a Bankers Gov
ernment-Carlisle ssNot in It."
The Nicaragua Job.

ud u
Really, the Nicaragua canal iobbers
at Washington are losing some o.
their fine artistic qualities in the man.
agement of a boom. They should not
have sent out n day a report that
the British aggressive policy at Blue
fields was with a view to obtaining
future control of the canal territory,
and permitted it to be followed next
morning by an announcement
that the Nicaragua canal bills
would be pushed earnestly this win
ter. The juxtaposition of these two
accounts was too evident a disclosure
of their relation to the same fashion
ing hand. A few months ago we had
a dispatch telling us that agents had
embarked for England to dispose of
the priceless Nicaragua concession,
and that America was about to lose it
forever; followed by a gentle hint that
action at the coming session might
yet save to us this boon. Then we
had a cable message to the effect that
English capitalists were hungry for
the investment, with another sugges-
ton that we could still head them off.
And now the Bluefields difficulty has
been "worked" by the same skilled
hands of the third house at Washing
ton, which has the interest of the Mic
aragua scheme so close at heart.
Is it possible that any representa-
tives of the people al be so unfaith-
full to their trust as to dare commit
this government to this wild and eX-
travagant scheme? The St. Paul
Pioneer Press sees cause for alarm in
the fact that the Nicaragua job has
obtained so large a hold upon the
press of different parts of the country,
attacking it through alleged local in
terest and through the weakness of
the American Imagination for big
projects. We have been obliged to
borrow 500, 900, 900 during the last
year to pay ordinary expenses. There
is no immediate prospect that W. will
be on a paying basis for some time to
come. We are now trying vainly
to adjust our affairs with the
Pacific railroads that were subsidized
for private profit. Yet in this con-
dition of the treasury, and with this
warning example before us, we are
asked to put from $40, O)O, 900 upwards
in a similar scheme. And this pre-
posterous project, which is agitated
principally by a band of promoters"
who expect to sneak $1,000, 900 or
$40, 600, 900 out of the Doodle through
a purchase of the worthless posses
sions Of the bankrupt canal company,
actually has its warm advocates and
defenders in both houses.
Nothing can excuse a man who
votes for the Nicaragua job in the
present condition of affairs. If this
country concludes thatit needs a canal
across the isthmus bad enough to build
and pay for it, we have not a word to
say. We do not believe that it does;
but if such a straight business propo-
sition were offered and adopted, we
shoulu think it proper even if we be-
lieved it to be an unwise expenditure.
But to go again, under any conditions
that may be framed, into the
business Of giving the governments
guarantee to the bonds of a
private corporation is simply unpar-
donable. 1t ought to be an offense
against the laws to suggest such a
thing. 10 play into the hands of the
spectators who have managed the
company's affairs into bank
and are now planning to get
some juicy picking from the remains,
and to do all this when the treasury is
short OF receipts and without re-
sources, is little short of a crime. The
business ought to get it's
final black eye this winter.