The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1897-01-23
CANAL BILL DEAD
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ragua's motives were not open to such
inSinuations.
Mr.. Villas said the communication
from the minister of a friendly power
had dealt death blow to the pending
canal bill. The senator paid a high
tribute to the Central American states
ana severely criticized the statement
that "blacknair' was implied by TIE
communication just presented
A motion by Mr.. Daniel dem. Val.
tnat wnen the senate adjourn it be un-
I'll Monday, developed the absence of a
quorum, and the senate at 4:45 D. m.
adjourned until tomorrow
NICARAGUA'S PROTEST.
The document which was presented
10 the senate by Mr.. Sherman and
Whlch formed the basis for the re-
marks Of Mr.. Morgan is a typeWritten
paper OF several pages and is dated at
the legation of the Great Republic.
Senor Rodriguez opens his communica-
ton by saying that, "as several bills
relative to the construction Of an in
ter-oceanfc canal through Nicaragua
have been for some time pending before
both houses Of congress, his govern
ment recently instructed him to exam
Inc them and to make under certain
conditions, suitable representations to
the secretary OF state" He says he has
accordingly examined the various bills
and finds that they are at variance in
matters Of detail with the stipulations
or the contract OF April a. 1887, be.
tween Nicaragua and the canal COM
pany. He asserts that the bills before
congress effect transfer to the gov
eminent OF the United States making
lhls government the absolute owner.
he also points out other facts which
are ne says. at variance with the con-
tract, and proceeds to say:
among the benefits which Nicaragua Sc
cures to herself Is per cent of the shares
Donos or other obligations for the purpose Of
raising capital. Notwithstanding the fact
that the company has made several issues il
has not fulfilled its obligations: and as the
nlLs say nothing on this particular point,
Inese securities would probably either be
IosI IN tne new form Of the enterprise or
would be liable to troublesome and tedious
Hugatlon. Two of the bills In question have
already been reported by a committee so
that tney may finally exclude the Others MOTH
ing however, is established in them with
regard TO the shares that would belong to
Nicaragua and it might happen owing to
tn.s' That Nicaragua would get none at all II
the company were to issue one hundred or
one hundred and fifty million dollars worth
Oh ponds in order to meet the most Of the
work. which bonds would have to be con-
sloered as capital or be left out Of the con-
tract Nicaragua would be entitled to per
cent, by virtue of the stipulation; but the
piiis leave no door open to such a posi-
b1l1ty nor do they allow her anv nartfcino
ton in the issue which is to be made in or.
der to pay for the work already done.
Senior Rodriguez then calls attention
TO the fact that the contract obligated
the completion Of the canal within three
years, and says:
mat term expired long time ago. bur
the company, Notwithstanding the most ear
nest solicitation, has made no pretense or
meeting that obligation or of definitely ad-
IL
pay IN order to be discharged therefrom Tha
bills establish nothing on this other point
ana Nicaragua's rights in this matter might
thus be annulled in consequence of their ST.
lence. = $500 @
By the plan involved in the new form which
the Dllls devise for the enterprise, the pres
ent company is extinguished and nothing
remains OF 1t in its relations with the enter
prise save the shadow Of personality rep
resented by a vote In the board of directors
OF eieven members; while in its relations
with Nicaragua 1t may always claim full per
Sonanty as the holder of the concession al
though having none Of the means necessary
10 enable 1t to meet it's obligation
FINALLY IL Is to be observed that while +ha
Dllls conTayene and set at naught stipula-
tons of the contract they do not state wheth-
er the remaining ones still remain in force
or not, although among these latter there
are very many which are Of no great impor-
tance to Nicaragua in particular and to Cen
trail America in general.
Mr.. Rodriguez says he does not uues-
t1OiA Inc SOOu 1dIln Oh the authors Of
the various bills, and adds that he ia
1mpelled to the course which he is pur-
suing, with the hope Of protecting Just
rights The document closes in the
following words:
1t seems evident that the company is IN
able to raise money 10 fulfill its contract
unless the United States of America furnish
II herewith. and since that contract ex-
cludes the possibility Of attaining that re-
SUIT the undersigned having been duly a11-
thorized to do 50, proposes to his exceliency.
the secretary OF state, that the two govern
ments relying upon the favorable DISPOSITION
OF the government shall come to a strict
understanding on the subject on the basis Of
the Observation-Disclosures treaty. with such
notifications as may be agreed upon and en-
deayor1ng to reach a just arrangement with
the Maritime Canal company, of Nicaragua,
so that 1t may renounce a concession whose
conditions it is unable to fulfill