The evening times. [volume] (Washington, D.C.) 1895-1902, 1897-09-10

New York. Sept. 1o.-No little interest
is expressed in moueyed circles here over
official statements conveyed TO che State
Department by the American consul at
ment Of that republic is under evatrol ~
American capitalists This is d fact to the
extent OF wonderful concessions having
been made by the government to an or
ganization of wealthy New Yorkers
What the consideration was is not def.
nitely known, but IL lis asserted here
! that in order to prevent the republic from
becoming involved In the meshes of bank
ruptcy several millions OF dollars were
advanced
IL is a big enterprise and the public was
not asked for it's sh For the men who
are Interested have plenty of ready money
70 advance in a worthy vs4use. and they
are those who know "a good thing when
they See it On the board Of directors Of
the concern appear the names OF John
Jsoob ASor. Dt. seward Webb, ChaHncey
Al Depew, j. j. Mccuiiagh, Frederick b.
Jennings, Charles McVey, and Melville
r. Ingalls,. Jr
The organizer is Henry L. SlTague, of
this city. He is a lawyer and a member
of Francis Lynde Stetson's law firm. in
which former President Cleveland was a
partner. Mr.. Sprague was once law part.
Ier ara OF Vice President Webb, Of the
New York Central and Hudson River Rail
road. anI he is particular friend OF
II w -, g
one of william II, Vanderhnt's daughters
as well as the president of the Wagner
Palace Cal Company.
IL is declared by Mr.. Depew that none
of the Vanderbilt millions has been put
in the syndicate. But in completing his
oI ganization Mr.. Sprsgue was Fortunate
enough to secure the names of Dr. Webb
and Mr.. Depew, and the weight OF their
names was of material aid to him in
interesting the other gentlemen named.
When MIR. SpCague made his visit to
Honduras he succeeded beyond his fond
est hopes. The Government was Will
ing 10 grant him everything he wanoeI
il the men OF millions whom he repre-
sented would only assume certain fiEan-
cial Obligations that would save the re-
public from ruin. They could control
the custom house, the railroad, the tele-
graph and everything else in sight for
q Iong term OF years.
TIE government of Hun5nras is divided
into three hrauChes executive, legislative
and Judicial. Each one OF the sixteen de-
partmeuts ia governor. There is ju-
dietary depar tmeUt composed ofa supreme
court, appellate courts and provincial
courts. buJthe president is supreme. For all
pracJicsl purposes il is limited monarchy,
: ana when Mr.. Sprague once got the APP
proval OF tie president for his plans he had
all lie wanted.
He hurried back to New York and saw
the rsennnhers OF the syndicate. Then he
closed the deal Tn nature of it has been
kept very much of a secret SO far. but it
is known that the plan includes not only
the completion and control of the Hon,iu-
ras Railway. the management of it's tele-
graph system and the dictation OF tariff
duties at the custom house. but also the
establishment of a national bank to carry
oct fiscal policy for pa wing off the Hon
d'ras debt.
The government promises not 20 interfere
for five years at least. IL Is also on the
cards to establish a steamship line from
Truxillo, on the Atlantic coast of Hon
duras, to Belize, in Bolivia. A plan is afoot
also, it is sand, to instigate emigra ton from
here 20 Honduras for men W no can sta nd the
climate, which is zery trying to those ac-
casto,ned only to the temperate zone. It
Tains from October until February, AMI
when I { Is not raining the night dews areso
heavy that fever is prevalent almost all the
year. But those who have become at.
ciimated "a the climate during thesumrner
mon tbs is as delightful and as healtuful as
California