Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1897-07-13
THE PANAMA CANAL
Francs and Great Britain Undertake
10 Complete Il.
UNITED STATES WILL BE INVITED
10 Join The Alliance, and That VIII
BE Powerful Comp for
Peace.

the Journal aud Advertiser from
Washington says:
An understanding has been reached
between France and Great Britain
looking TO tae com pleiion OF anu con.
troll Of tho Panama canal. Germany
was invited to participate but owing
to the areco.Turkish compiicaiio 6
her assent has been delayed, though
u will undoubtedly come in time.
| Now an effort is being made to learn
II the United States will come in and
lorm quadruple ALL ance for the com.
pietion and naturalization Of the Gu nal b.
Should such an alllH noe be effected IL
would be the most powerful Tor peace
the world has ever seen. F0urteen
hundred and seventy.seven naval
Vessels mounting 1888 guns and
manned by IFS 6S5 ssamen would
stand for the protection Of the cansi
under the hsgs Of the four great pow
ers named. They wouiu represent o
grtes merchant marine Tonnage OF
ls,aSS, 1856, nearly tnreequarters VI the
worid's chipping, agains, 6, 7ls.67B Tor
all the rest OF tue worli.
Nathan Appleton OF Boston, who
has represented the interest OF the
Panama Canal company in the
United Slatts ever siucs the pelmy
days OF De Lesseps's eEiravagauoe
am the gross corruption Of the canal
ring In Paris, has just called upon
President Mckinley In company with
Secretary LoDg who acted as hi, intro.
| ducer, II not his cndorser. II Ia not
understood that MIR. Appleton has
done more us yet tpan present a briel
argument against the feasibility OF the
| Nicaragua canal aud 10 show the
benefit that would come TO the Uuitei
States by having the huge cons,Huc.
lion WORK thrown into tue hands OF
| American contractors. II Is known
tDat Inquiries in this direction have
been quietly prosecuted for several
MONTH. The tremendous work aud
wonderful Improvements in dredging
may be brought about by the Chicago
drainage canal which have opened the
eyes Of the directors Uf the Panams
canal to .ho advantage OF strong
American alliance. 1t is,a part OF the
| American interests through these
| contracts to such an extent that the
| Nicaragua canal project can be thrust
! aside.
The scheme OF the quadruple ALL
ance hal It's inception In the wonder
| full h1anciai brain whion engineered
the Sutz canal deal by which maj IL.
| iiy Of lis stock came into the posses.
sion OF Great Britain. This Is the brain
| OF tho house OF Rothschilds.
For several years tuis magnificent
coup OF high 1nance has been matui-
ing. The STOCK and bonus in tue Paua-
ma Canal company have been de-
pressed TO so low figure that they ac-
| tualIy represent a tangible value In
the work already doue upon the canal.
The most recsut estimates OF careful.
aBd conservative engineers have
| shown that the canal can now be- IN.
pleied with locks through to Culebra
cut at n sum not to exceed twenty mil
lion pou uds (Sl00, 000,000.) Ga this u
| diviusnd eaining capacity OF four per
cent o!uld be predicted on the fresh
capital and the stock in the old com.
pnny and the etock at It's present valu-
alton, provided that the millions taken
POSSESSION OF frsuiulontIy by the canal
financial participation OF the United
States In this new scheme Is not look cd
| Tor, though II would BIZ accepted with
pleasure.
No m0re will the government OF
France, Germany and Great Britain
De directly interested in q financial
war. The capitalists Of London, Paris
snd Berlin Will take all the new stock
which may be issued, leaving the
diplomatic questions Involved 10 be
settled by the four powers represented.
There 10 nothing IN the concession
from the government Of Columbia to
prevent suoh an ARA cement which
IN act would be welcomed by that
government Rs securing the compile.
ton OF the canal with the least delay
possible. Work has been quietly pro.
gretsing on the canal, particularly in
the neighbrra0od of the Culebra cut,
for the past year and half. Some
three thousand employees are at work
and the whole canal plant has been
Kept In excellent condition. Sixteen
miles Of the canal Is complete on the
east sido and at no point has tho work
been allowed to ustsriOrate. There has
been deal Of clever diplomatic wore
done In Washington during tho ia Ut
Jthk W thc
scheme from being carried through
Congress. Mexico, Colombia ami Costa
RIGA have been particularly active 10
their opposition. TIE dispute over
Silanas pay and the mouth OF the
San Juan was one OF the
obstacles RAISED to block pro.
gress on tho Nicaragua project
ana the extremely uniavorabls report
Of tue engineering mission sent
by President Cleveland had It's weight.
Nicaragua sent one OF her sblest
diplomats, J. ID. Bodriguer, to WASH
layton, to see II a treaty could not be
formulated which would assure the
active participation OF the United
States in the construction OF uer canal.
1t did not take him long to discover
that he had undertaken hopeless task
anu he returned home early In June,
discouraged at the prosper.
The United States has always been
extremely Jealous OF anything looking
toward European control OF Isthmisn
transit. The Panama Railway com.
pany IL an American institution,
chartered and managed IN thu UniteI
States, although Its stock is an asset Of
the Panpma Canal company. While
France was permitted to secure the
privilege OF building and operating a
..nal nnnar q annNsaAlnn In l.ialfan-