The herald., 1898-10-03
JOYFUL NEWS FROM JOY
MO MORE OBSTACLES TO BUILD
ING SAN Pedro HARBoR
PREDICTS LOTS OF PROSPERITY
rhs It, Louis Congressman Very San
guine About the Nicaragua Canal.
How It Will Help California

!. IN the city, something that will surely
r.a ,,u. IN the Z .d =. this part of the
copntr, for he has keen eye. and has
seen what the people here need. what they
" mt and what they ought to have, and
from what he said last night 1t 10 evident
that he will aid in securing all these things
!. yar as he can. Mr.. Joy is sturdy man.
with a voice Of an orator. and the man
ners OF a Depew. He Is from st. Louis.
hut he dresses ~ 4 he belonged to New
Now York. which means, Of course. that he
Is dandy but no DUDE.
..yes. spent the day at San Pedro with
Mr.. Rale." he said last night, land was
Jen~hted with the place. 1t was my first
visit there: I had been to Santa Monica, hut
find that there 10 no comparison between
tho two places, as far as the capabilities
far A harbor go. San Pedro possesses all
NJ the reou.rements, and will be the means
IL adding greatly to the resources and de-
velopment Of your part Of the state.
..No. there II no chance Of any more
trouble about the harbor: the contract Is
lat. the money appropriated. and, though
belicve there are powerful influences
which have made bitter fight against the
project in the past. there is no reason to
apprchend that there can bs any repetition
Of the EFFORTS to stop 1t now. Secretary
Alker did try to delay the work. know;
suppose he was honest about this. for
always presume a man to be honest until
he is found to be otherwise. but the presi-
dent let him know that It was his wish that
the work should progress. and that ended
that obstacle. know Of my own knowl-
edge that the president intends to have the
work conducted as fast as the contract
provides, and 1t is an open secret that it was
at his expressed wish that Secretary Alger
changed his course in the matter.
The Nicaragua Canal
.As SAID, the harbor and the Nicaragua
canal will work wonders in this portion Of
the country. Eyes, l am on the sub-com-
mittee on the canal, and have taken
great amount of interest in this great
project I think the question now Is vlr-
tually decided. The late war, the annexa-
tion of the Ha wsai.an islands, the retention
Of the Philippines, or a portion OF them, all
have combined to awake national interest
In the canal, and there Is a general belief
that the sooner It is built the better for the
nation. I think the report Of the Walker
board, when 1t is made. will be accepted as
basis. The Ludlow commission, some
time ago. reported on the route adopted by
the Canal company, and threw cold water
on the project, although 1t was admitted in
their report that 1t was feasible under
taking. They estimated the cost to be
$125 ooo. .ooo The canal company's engineer
estimated It at SIS. 900 900, 80 the cost will
probably be between these amounts.
ut will take about ten years to build the
hot - H~.A A.
v!ding the work among Individual con-
tractors this could be reduced to probably
six. or perhaps flve. years, though the ad-
dt.onal cost would be very great. The
plan is to reorgaMse the old company By
acquiring its rights and property by the
payment to It Of four million dollars,
which is the amount of money 1t has ex-
pended. Then in the new corporation
Costa Rica and Nicaragua Will be given one
director each, the old company one or two
and the government will have the remain.
ing eight or nine. The psthmus countries
are opposed to having the canal owned by
any one nation. but this plan will give the
absolute control to the United States. for,
you know, II you have a majority on a
board Of directors you virtually own the
whole thing as far as controlling 1T goes.
In case Of war this nation would have the
power and the right to use the water way
as it saw fit: in case Of war between other
countries it would be neutral, probably on
the same Mnes as exist in regard to the
Suez canal.
Pacific Railways Opposition
"Thcre has been, and will continue to be
opposition to the scheme from the Pacific
railways, but this will be overcome: the
fact Is, think the canal would do these
roads good, for while It would result in
lowering Of the rates on certain classes Of
freight it would cause such a development
of trade and local trade briskness along
the roads as would more than compensate
for the loss in reduced rates Of freight that
would be taken either on the canal or over
land.
"As have already stated, these two
projects, your San Pedro harbor and the
commencement of work on the canal will
work wonders for yo1 In Southern Califor-
MIA, and will make an era Of activity and
profit in all branches that will probably
surpass anything in the past
Regarding the legislation, I am Of the
opinion that when the bills are presented
they will pass without any cpposltlon
am certain this will be the case in the house,
and 1t seems probable that 1t will also be SO
in the scnate."
AT THE THEATER
TONIGHT'S SATTRACTTONS.-Th Rur.