The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-01-26
Seventy Millions to He Guaranteed bY
the United States and $50, ,ooO, 900 to
Be Backed by the Company.
UNCLE SAM TO HOLD A LIEN
AND THE PRESIDENT TO DESIGNATE
TEN OF THE FIFTEEN DIRECTORS.
Many Senator's, Including voorhees,,
Paired-Sundry Civil Appropriation
Bill Passed by the House.

WASHINGTON, Jan. 25-The bill pledge
ing the faith of the United States to tho
construction of the Nicaragua canal passed
the Senate tonight by the decisive vote OF
81 yeas to 81 nays. 1t was the terrninatiou
of a debate which has lasted since the pres4
ent session of Congress began. 1t was.
moreover, the first realization in ethics
branch of Congress of the vast projects so
long and vigorously urged for canal Joins
ing the Atlantic end Pacific with the United
States government standing sponsor for the
execution of the work. The final vote was
not secured until $50 o'clock tonight, but.
Notwithstanding the lateness of the hour,
there was an exceptionally full Senate. ow-
ing to the interest felt in the elimination
of the long discussion. The Nicaraglan
minister and many other diplomats inter~
ested in the project had seats in the dip~
lomatic galleries throughout the voting on
the many amendments, and the final ques-
tion
The bill, in brief, directs the issue of $70,s
100000 of Nicaragua canal bonds. Each OF
these is to bear the following guaranteed
THE United States Of America guarantees
to the lawful holder of this bond, the pay-
ment by the Maritime Canal Company of
Nicaragua of the principal of said bonds
and interest accruing thereon, and as il
accrues" An additional s3o,OOO,O0o of bonds
| is to be issued without the United States
guarantee. The total hundred millions thus
issued is to be used in constructing tha
inter-oceanic canal. The Secretary of the
Treasury is to have general supervision of
| the project. A board of fifteen directors is
| to have immediate charge of the work. OF
| this board the President is to designate
ten members. no more than two from any
| one State. The United States is to receive
| $7o.oOo,oOo of canal company stock in return
| for guaranteeing the bonds, and is to hold
| a mortgage lien on all the property of the
| canal company.
VOTES ON AMENDMENTS.
| When the Senate met Mr.. Mills delivered
| his advertised speech the Hawaiian ques-
| ton, and at its conclusion the Nicaragua
| bill was taken up. Mr. White presented a
| letter from London stating that if the
| United States did not proceed with the
canal project, British capital would step in
| and carry out the PLAN Brief speeches
| were made under the five minute rule by
| Mr.. Vest favoring a. new survey by dissn-
| terested engineers; and by Mr.. Call, for
direct government control
| Mr.. Wolcott offered amendment re-
| quiring the canal company to purchase its
| materials and construction machinery i'm
| the United States, Nicaragua or Costa Rica.
The first votes were on numerous amend-
| Vest, giving the President complete author
| ity to suspend the issue of canal bonds,
| was defeated--24 to 49,
| Mr.. Wolcotts amendment that Ameri-
can goods and materials should be used
! was accepted by Mr.. Morgan ana agreed
| to.
The amendment of Mr.. Palmer, giving the
President power to reappoint and remove
directors of the canal company. was
| agreed to.
The amendment of Mr.. walcott, provid-
| sent a dollar actually expended by the
| company agreed to-27 TO 10.
Mr.. Peffer's amendment. that the labor
| on the canal should be done by United
States citizens, working eight hours days
was defeated.
The amendment of Mr.. Power, that thres
officers of the United States Corps of En-
gineers shall supervise the work. was de-
| feated.
The amendment of Mr.. Frye, that the
work be subdivided into sections and each
part awarded as a separate contract, IN
order TO secure the greatest possible expe-
dition, was agreed to. with an amendment
by Mr.. Wolcott that the aggregate of all
The amendment of Mr.. Voorhees,, that
the government directors shall he United
States citizens and no more than two from
any one State. was agreed to-
The amendment of Mr.. Villas. that the
work should not be done by corporations in
which stockholders Nf the canal in
terested, was adopted.
An amendment by Mr.. Pasco, that the
canal route leases from Nicaragua shall
be perpetual, instead of for ninety-nine
years, was defeated-23 to %. 4
TURPIES FINAL DEFEAT.
Several amendments by Mr.. Turpic, to
limit the payments to the old Nicaragua
Canal Company, were defeated by viva
voce votes. Another amendment by him.
4 that the old company should have no part
in the new work, was defeated-24 to 20.
The main opposition then came Mr..
Turpies motion to strike out all after the
enacting clause, substituting a provision
that complete survey be made by United
States engineers before any further steps
are taken. This was defeated-21 to 80.
| The substitute of MIR. Stewart. for new
/ treaty with Nicaragua was defeated-i2 to
| 3D.
The bill was then passed amended
| yeas, 81; nays, 21-as follows:
| Yeas
| Aldrich, Mcmillan,
| Allison Henderson,
Burrows, Mitchell (Ore.),
| Butler, Morgan
| Cameron. Murphy,