Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1899-01-22
These Ere MeSSFS, Bate, CafeTy, COCErell,
Mantle, Martin, and Smith.
ANrI-sCALPING BILL TAKEN UP

short Speeches.

WASHINGTON. January H.-Ihe SEN
,tc to-day passed tho Nicaragua canal
,u decided 10 make the auu-scalping
1rl the unfinished business. and continued
without completion the consideration of
clio Indian appropriation bill A number
.f amendments were made 70 the canal
measure. and there were innumerable
short speeches during the day. There
Mas. however. no opposition TO a vote
when tho time came, and the rol-cali
s.,eloped only six votes in opposition
-, anal passage. The six votes against
che bin were cast by Senators Bate, Caf-
a.-v. Cockrell. Mantle. Martin and smith
The anti-scalping bin was taken up on
vote OF 80 10 81 but no effort was made
-. continue its consideration. The erect
.. the vote was 10 give it first place on
.ro calendar. but the understanding IS
that Il shall not be pressed in opposition
20 the peace treaty or appropriation bills.
The measure 10 construct bridge across
the Savannah river to the mainland iTom
Butchinson's Island. was passed..
PROVISIONS OF CANAL BILL.
rho Nicaragua canal bill. as it passed,
contained the name Of the Maritime Com
many. 1t provides for the issuance OF one
milton shares Of stock. AZ 500 each The
canal company is required TO call In all
tho stock issued. except that held by the
ricaraguan and Costa idcan Govern
ments. The company is also required to
redeem and cancel all bonds and scrip
heretofore issued by the company ana
- satisfy an cash liabilities. To enable
the company 90 comply with TINS require
rneDt. Treasury warrants to the amount
of sroa,o9o are authorized with q proviso
20 The effect that only so much oil le
qrrounr shall be paid as viii cover the
actual cash value OF the rights. privileges
franchises. and property al the time Oh
the payment the value 20 be determined
by commissioners 10 be appointed by the
President This being done. the Secre-
tary Of the Treasury is authorized te
subscribe for $1,000 shares Of the com
pauy's stock for the Government OF tho
United States.
NEW BOARD OF DIRECTORS.
The present members OF the Board OF
Directors are then 10 resign, and "a board
Of seven is 10 De appointed IN their stead,
consisting of five ON behalf Of the United
States and one each IN behalf Of Nicata-
qua and Costa Rica. The directors on
behalf OF the United States are 10 be ap-
pointed by the President, and confrma-
lion made by the Senate. No TWO OF them
are 10 be residents of any one State, ana
uo person who has heretofore been inter
ested iu the canal company is 10 be app
routod 60 this office. They are also pro-
h.Ited from being interested i'm contracts
ou the canal. Each Of the directors, eX-
,apt the president. is TO receive a salary
~ 5000 per year. and the president is TO
have 81 90. All travelling expenses are
to De paid. Annual reports are required
COMPLETION IN SIX YEARS.
There is provision against declaring
O. dividend. except upon the net earnings
Tls company is authorized TO contrac
fr the completion of the canal Wlthli
sv years The payments are 10 be re
.tr.cted TO S20O0J.0o0 annually. The cana
s. Oh Ie made large enough ''for the US
az The largest sea-going vessels, AT
cost not % exceed the estimate OF IN
..1.uoers and not 20 exceed Sll5.OOJ,Wo.
.l.. amount is made permanent ap
rr.uriaton for the work, 10 be used
SION may require. The bill give
... e0yerumcnt a lien upon the property
. secure the repayment OF the money
sIr.rc.d and the President is empOWefe'
United states. without the necessity o
judicial or other ascertainment There
ar.r fun title is 10 rest in the govern
...rt Of The United States. The Presi
dent ls authorized TO suspend payment
amy time. The President is also au
tar.led 10 secure any change or modih
cation of the terms Of the concession
.-h.r from the concessionaires or froi
Goaiauga and Costa Rica. In case o
lure ia such negotiations, the Pres
lut .a empowered 10 negotiate ior an
other route across the Isthmus.
ABROGATION OF TREATIES.
He Is further required to open negoua
lions for the abrogation Of the Clayton
E1wer treaty. or any other treaty louii
tl be in existence and standing IN N
way of The construction of the canal
The neutrality OF the canal Is guarar
t..I but the right 20 protect II agalns
t.e Interruptions Of business between Ut
Atlantic and Pacific coasts of the Unite
States ls reserved.
At4.30 j.. ~. the Senate went into e&ecI
tte session. and at 482 adjourned.
Ilc House was not IN session to-day
ACCIDENT TO "SUNSET LIMITED