The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1898-12-08
NICARAGUAN CANAL
Caustic Report on the Subject Submit.
ted to the Senate.
ARRANGEMENT OF NICARAGUA.
Americans Who Secured the New Con.
cessions Are Denounced.
UNITED STATES MAY COMPEL REDRESS
The Rights Of Costa RIGA Are Equal to
fs Those Of Nicaragua.
ACTION OF BOTH REPUBLICS IS ESSENTIAL
Consent Of This Country Is necessary
to Any Proceeding Looking to n
Forfeiture of Concession.
Especial Dispatch to The POST. j

j Especial DISPATCH to The Post.1
Washington. December 7---Everything is
ready for a big fight ovsr the Nicaraguan
canal bill. AT a special meeting OF plne
Nicaraguan canal committee this morn
| ing it was decided TO report the Morgan
bill 10 the senate at once and to present
It for immediate conaitrattcn
! Not discouraged by the gloomy outlook
in the house. friends of The measure are
combining eheir forces for 4 prompt anil
vigorous campaign lii the senate They
bellows they Will succeed. but with Speaker
Reed being arrayed with the opposition In
| the house. they have almost desparej Of
securing action by thgit Dolly during the
present session.
INTERVIEWS with leading members dur
ing the last few days indicate thai the
| fight for favorable action in The house IL
| hppeless.
AS result of the meeting Of the SEN
ate committee on Nicarag,ian canal today
Senator Morgan gave notice OF an amend
ment TO the Nicaraguan canal bill author
izing TIE immediate Issuance with guar
antee by this government of s5,0o0o00 70.
the redetnDtion of all outstanding stock
except that held by the governments OF
Nicaragua and Costa Rlca and the cancel
lation of all obligations.
| He submitted at the same time a report
| upon the situation with reference TO the
canal, dealing exclusively with the fact
that the government OF Nicaragua granted
u concession to construct a canal 10 an
other company than the Maritime Canal
company. He deals with this transaction
In severe terms, upho4ding the rights Of
the Maritime company for the present and
for an extension OF its concession for ten
years more. The report arraigas the con
duct of the Republic of Nicaragua as we'll
as that of the American citzens securing
thu new concession In most severe terms,
attributing the course of Nicaragua 10
jealousy of Costa Ripa and that of the
concessiona.ries to Job truct a great Ma
tional policy in selling out TO n transcon-
tinental railway company Tor the defeat Of
supposed competitor.
1T would be Well for the reputation OF
thnse concerned" the report says, "in thus
dishonoring governments for their personal
Advantage ard using their powers TO create
jealousy between States if it could ap ear
that their conduct is not also corrupt"
The committee adduces as a just flea
ton of the new report the seriousness of
the situation, saying on this point: The
serious consequences likely to result TO the
United States from the unprecedented an
unwarranted action of the late government
of Nicaragua and the eyideat purpose to
force our government into payment OF
large sum as compensation for the future
consent of the Republic OF the United States
of Central America to the creation OF a
maritime canal through the San Juan river
and Lake Nicaragua requires the commit
tee to present the groun5s on which It in
sists that this proceeding IS without any
support in law. justice or equity and that
1t violates tho hitherto cordial relations Of
the United States with Nicaragua
The reno takes issue with the conien-
ton OF Nicaragua that th!st country owned
a