The sun. [volume] (New York [N.Y.]) 1833-1916, 1898-12-14
CANAL COMPANY ATTACKED
ryIToR TURPTE sArsh TT rs TIE
oprIT ENEMY OF THE YORK.

-
"a. object Not to Cut n ship Canal Through
SIrsrarua, He Declares, but n Channel
a. Tho United states Trensury-senatoT
NTorran Denounces the Grace Concession.
w,sutycToN. Dec. 13.-In the Senate to-day
-.,,,,of an am endment to the Nicaragua Canal
az vas given by Mr.. Berry dem. Ark.A II
"aoo.ss n direct appropriation OF Sill. 900. 900
Ut s for FIXTURE OF all the property Of the
,s.,,,Ime Canal Company TO tho Government
- certain conditions. He explained that
w n tho purposes OF bis amendment was TO
U all the stock OF the company to the United
$50 Government 1892. 500.000l except the
S~oun, reserved TOR Nicaragua and Costa RIGA
"a bNL OOOl. Another purpose was to dis
N.nss with tho Issuing Of bonds and 70 Lppro-
nriste the money directly.
Notlce OF another amendment TO the bill
az given by Mr.. Rawlins Dem. Utah. til
w., ,he act shall not take effect until conven-
,on. have been secured with Nicaragua. Costa
o,., and Great Britain. giving TO the United
s,s,.s the right TO fortiiv and garrison the
.,r,l and to maintain armed vessels there,
.rd giving the light to the Governments Of
ma United States. Nicaragua and Costa Rica
~ MA the canal In case OF war with q foreign
novsrnment and TO close IL to ouch foreign
Government.
when the bill was taken up Mr.. Morgan
mann Ala.) sent TO the Secretary's desk and
S,d read certain letters from the United States
vinlster to Costa Rica stating his action In
favor OF the Maritime Canal Company. ana
.,om ". r. Grace OF New Y ork. Chairman Of
the Nicaragua Canal syndicate. In favor Of the
Jaw concession TO Eyre and Cragin.
Mr. Turpie Dem. Ind.) made an argument
,ssIpst tho pending bill. He had never seen.
on1onant ~ khn oapnl and dtd MT
k.,i.ve that there was one. He had seen q
sr,,t many opponents Of the Maritime Canal
comp,ny and he thought that the greatest
sn,my OF the canal was that company. He
sd not believe that. under the auspices Of
ina. corporation. no matter how the scheme
mIrht DO changed and no matter how the plans
might be modified. that great undertaking. 30
rsc,,sary TO the unity Of the country and to
tbe ommerce OF tho world would ever DO sue
,~,ssfully completed. He described the object
n the Maritime Canal COMPANY as being. not
n cut a ship canal. but to cut . channel Of
sssiest communication between the Treasury
n the United States and the empty golfers OF
that beRGarly corporation"
Referring TO the charter OF the canal COM
many. Nj. Turpie said that 1t might as well
have been got from the State of New. York.
and that Il never would have been got from
made at the time that not a dollar was wanted
from the United States. as the company had
;,%5 n tSs %OD cSyyp 5ssasd f he sac eSsf sss wGFs e sh Z
eaual companybas "a bankrupt and worthless
corpora on-:worthless then and worthless
t,IS.;d s a fu f' and : pienary denial OF liability on
ths part oil, the United States. 1t never would
have PASSED Congress. .
Government. or some British syndicate. would
construct the canal IS the United states Gov.
snmsenMt Or a United ted states ras s . eSotnR Hals. dld N nSt
possession. Of the valley OF San Juan as com
he survey Of a canal routs twenty years be:
fore the beginning Of the, present century, and
that the territory had. been ceded. back to
S Sedtii e. in the heu canal nall project There had been
l many as 10 CONCESSIONS OF this canal grant
There had not been for the last century an,
have Q concession for building Q canal on that
would expire in October next. and It would
have been well for all interested IN that mag:
niHeent project IL the charter. had expired
There was not the slightest need for haste
n the ne P osstHsf. 81 81 t an ib bin; he said and d dIrsci
arrested with relation to the construction and
United States Government itself became a
party to the negotiation all obstacles would
disappear. except the dying organs Of that
heggarly corporation. the Maritime Canal
Company" In conclusion Mr.. -Turpie re-
marked that the real question before the Sen
ate was whether the discussion should 20 on
y advance OF the filing OF the report Of the
Nicaragua Commission. and he moved that
the bill be postponed till Tuesday. Jan; 10:
Mr.. Morgan opposed the motion. submitting
that the discussion could be- conducted Just M
well as IL the Walker report were made. That
report, be said. might not get to the Senate
hafnHa MAIsh & ThA tInaInn yUhnth0r rho
canal would cost s1~i5.0o6.o0U Or si5o.o0o.6jD06
was one Of minor Significance. Some Of the
most prudent and conservative Senators In
the body had told him that the canal must be
constructed. whatever it may cost. even u II
not the main question. The main question
was whether. when the. country was engaged
In war; other 0regons should be obliged to 40
around Cape Horn. and the Government be
Obliged to keen up two fieets. one on the
~ Pacific and the other on the Atlantic.
hAierrtng to the denunciation OF the Mari
ame Canal Company by Mr.. Turpie. Mr.. Nor
Ranl read the names OF the corporators and
SAID that there was not one OF them on whose
asked; should they he called bankrupt when
they dd, not owe n dollar. and why should they
Pc called mendicants when they ever applied
70 me Government for assistance? In com
Rnentlne with much severity on the conduct OF
~. urace In securing a concession from Mica
IaEua. Mr.. Morgan spoke OF the concession
y a rascally contract" and a5 "a thimble-
nRging a nracticed by Nicaragua with the
assistance Of Grace
~ue consideration of executive business.