The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1898-12-08
=. D.,, IRE sure. mild, effective
ftOOQ 3 HlIIS 3 druggists. go.
A BILLION DOLLARS.
senator Morgan Says " viii a. = this
Amount to Build are canal

/ senator morgan says ~ VIII hs.' 'hhN
Amount to Build are Canal
| Washington, Dec. As result Of the
meeting of the senate committee on Mic
araeua canal today, Senator Morgan gave
lnotlce to the amendment TO the Nicaragu-
an canal authorizing the immediate issu-
ance with "a guarantee by this govern
mcnt. Of a billion dollars worth Of bonds
for the redemption Of al outstanding
stock except that held by the government
OF Nicaragua and Costa Rica and the
lcanccliation Of all ob cations. He Cub
mtted at the same time a report upon the
situation with reference to The canal deal
ing exclusively with fact that the
government OF Nicaragua granted a con-
cession TO construct a canal to another
company, the Maritime Canal company.
He deals with this transaction Is severe
terms. upholdlrF the rights of the Mari
time company for the present and for an
extension OF its concession for ten years
more. The report arralgns ine conduct Of
the republic Of Nicaragua as well as that
Of the American citizens securing the new
concession ln most severe terms, attribu-
ing the course OF Nicaragua to jealousy OF
Costa Rica and that Of the eoncessIonarles
to c'obstruct great national policy In
selling out TO traus-continentsl rail-
oad eompany, n deal Of supposed competi-
tor 1t would be wen for the reputation
of those concerned" they say. "ln thus
dishonoring that government for their
ersonal advantage ana using their powers
10 create jealouales between states, II Il
should appear that their conduct IS not
also corrupt"
The committee sayn as a justification Of
the new reports. THE serious conse-
quences likely to result 10 tho United
state from the unprecedented and un-
warranted action OF the late government
OF Nicaragua and the evident purpose 10
force our government into payment OF a
large sum as compensation for the future
consent of tho republic Of the United
States Of Central America to the creation
Of a Maritime canal through the san
Juan river ana Lake Nicaragua, requires
the committee 10 present the. grounds on
which It insists that this proceeding il
without any support OIL law, justice or
equity and that It violates the hitherto
cordia relations OF tho United States
With Nicaragua
The report takes issue with the con-
tenuon of Nicaragua Aat that country
owns both banks Of the San Juan river,
attention TO the fact that Costa Rica has
no rights, since the arbitration of Pres-
dent Cleveland as the cwne Of one bank
OF the stream Attention is called 10 the
fact that IN making tho concession
OF the right Of way granted by Nicaragua
no mention was made Of Nicaraguas
claim rendering It incumbent upon Mic
arapua to put the canal company in poss-
ession OF the channel OF the river.
Here the committee .. was breach
OF the agreement for which tho canal
company had paid $4,000. and that on
titled the company TO the return OF tho
money and 10 other damages. It also inn
posed on the United States the duty CT
compelling tho redress due them II re-
dress should be sought II Is also assert
ed that IN View OF the fact that Mica
ragua had made the concession it was
her duty to obtain a concession from the