New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1898-12-08

CANAL, ELL. AMENDED.
Washington. Dec. As result OF tne nee
Ing OF the Senate Committee on the Nlc"' u"
canal to-day Senator Morgan gave no'''e u a."
amendment L. the Canal bill authorizing ~"
Immediate issue. with guarantee ny 'Ais "o'
eminent. cf S5.GoOOOO in bonds for the redemp
,.or - all outstanding stock except that held
l., the Governments ot Nicaragua ana 'os'"
Tico and the cancellation Of all obligations
lie Submitted at the same time report on INT
si;uo;icn With reference to the canal deahng
oxc,,.zi,.o,v with the fac: that the Government
o- Hi,a~ac,a GRANTED a concession 20 construct
n canal 10 another company than The Mari'i"'e
Canal Co.apanv He deals with this TRANSACTION
n severe terms. UNFOLDING the rights OF INC
Maritime company for the present ana TOT d"
extension or It's concession for ten years more
The report arraigns the conduct Of the Repuphc
OF Nicaragua as we'll as that OF the American
et;.zcns securing the new concession IN the lhos'
severe terms a;tributing the course Of Mica
ragua To jealousy Of Costa Rica ana 'ia' Va
the conce.sioraircs to "obstruct great National
p,l'c,. in seliins ont 70 transcontinehtai ran
roo1 company for the defeat Of supposed COM
Yc;itcr
Il. would be we'll for the reputation OF those
corcc~,.d" the report says. lin thus dlshonor-
ing governments for their personal advantage
ard USING their powers to create jealousies De-
tween states 4 1t could appear that their con-
duct is no; also corrupt
SERIOUS RESULTS PREDICTED.
The committee adduces as a justification OF
tie new report the seriousness Of the situa'ioh'
saying on this point:
TIC serious consequences likely to result TO the
United S'a;cs from this unpreceGem1e1 a az v c,
Ia..na an. lhc evident purpose TO force our 1on-
oru:nout into payment OF arg sum n ~ ~
f.ft
he r-r.tel states Of Contra. America TO the Crea-
~ ~ ~, mime canal through the San Juan
, ~ -. ,h T'te Vicara..ua require the committee
60 nrosert The grounds which II insists thal
III n~oc,.drc is without any support In law,
'n .,io or c5ty and that it violates the hitherto
cordial relations of The United States Win MIA
raCua.
The rcpor; takes issue with the contention
that that country owns both banks OF the san
Juan River calling attention 10 the fact tha'
Costa R;,a has equal rights. since the arbitra-
tier OF President Cleveland. as the owner or
one bank Of the stream. Attention is called to
the fact that in making the concession OF right
90 way 10 mention was made of Nicaraguas
claim rendering it incumbent on Nicaragua TO
put the canal company in possession OF the
channel Of the river. Here" the comittee says.
twas a breach Of the agreement for which the
caral company had paid $4,000 that entitled
the con,lany to the return of the money and
oth,r damages. 1t also imposed on the United
stats the duty Of compelling thu redress due
them # redress he'd been sought"
Il is asserted that in view Of the fact that
Nicaragua had made the concession. II was her
duty 10 obtain concession from the Costa
I..can Government when the claims Of that
coGutlv we're established but instead Of that II
j. pointed out that Nicaragua made a formal
threat :, renounce its concession if any con-
cession was obtained from Costa Rica