The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1899-01-22
SENA1E And HOUSE
c,asl Bin Passed with . Few
Amendments.
u. CONTROL IS PROVIDED FOR
~. 600 shares the United
81 Is own 0a5, ooo--Amts-
s..s.,nx silI Has Precedence.


81 {. - January 21.-The senate
Z 's.sssa the Nicaragua canal bill.
'!.1 3 make the anti-scalping bill the
.s.ssd business and continued with
a. s,.,,on the consideration of the
M snpropriation bill. A number Of
Md were made to the Nicaraeui'
4; u ahd there we're innumeratle
ss.acbps during the day. There
n .veysr, no opposition to a vote
s. &. Tine came and roll call on 1t
~ 4 only six votes in opposition to
Il lssage
d N .4calplng bill was taken up OF,
;z q 81 to q, but no snort was tnen
h. 4 continue Its consideration. he
a. IN .the vote was to give 1t the first
N " ~ calendar, but the understand
N I'M Ii shall not be pressed in oppo-
IA ma peace treaty or appropriation
9. /. sicaragua canal bill as 1t passed
i: n s'' INA name OF the Maritime Canal
d: M II provides for the Issuance
A ~ ~, shares of 800 each. The Canal
.;1cs N required to call in all the stock
4 81 sxcsrt that held by the Nicaragua
8: r ~ Ricau governments. The COM
4, n siso required to redeem and cam
sonds and scrip heretofore issued
Z company and to satisfy all casll
|i16Iss To enable the company 10
~ with this requirement, the treas
Sfrants to the amount of $4,000, 600
k&lnrized with a proviso to the effect
4 IN 90 much OF the amount shall
m a. shall be required to pay the
MI tSaii value of the rights. privileges,
;fises and property at the time of the
l7it the value to be determined by
Ijoners to be appointed by the pres
n This being done, the secretary OF
xMfy is authorized to subscribe
100 shares Of the company's STOCK
II xopcrnment OF the United States,
i|escut members Of the board of d.
afe then to resign and a board oil
u ii to be appointed in their stead
3iiug OF Ave in behalf of the United
IiSs1hd cne each en- behalf of Near
!1ra Costa Rlca. The directors on
~ of the United States are to be APP
I'm ty the president and confirmed
M Benate. No two of them are to be
nis Of any one State and no person
VI Heretofore been interested in the
n company is to be appointed to this
They arc also prohibited from
Interested in contracts on the canal
of the directors, except the pres.
is to receive a salary of $4,000 pei
md the president is to have $4,000
Rayeling expenses are to be paid.
reports are required. There is q
NJ algainst declaring dividend Ok,
on the net earnings.
II company is authorized to contrac
~ completion of the canal within
= payments are restricted to SIC. 1000.
1n1aily:
tsnat IS to be large enough for tn
~ largest seagoing vessels at
nut TO exceed the estimates OF tn
sfA and not to exceed $115, 600, 00t
mount IS made a permanent appro
~ sor the work. to be used as Occa
nay require. The bill gives the gov
a!ant lien upon the property to SC
~ repayment Of the moneys advance
ne president Is empowered to declar
lpre OF the property to the Unite
without the necessity of Judicial q
aacertainment. Thereafter full It'll
feat 10 the government of the Unite
Y president is authorized to suspefi
lns A. any time. The president (
sulnorized to secure any change in q
Heatlon OF the terms of the concession
8 rom the concessionaries or frol
ansua and Costa RIGA. In case Of fail
Y fueh negotiations, the president
no1ised % negotiate another roui
ino isthmus. He is further reques,
y open Negotiations for the abrogt
4.sna Clayton Bulwer treaty or an
nsaty TO be in existence and stant
y ~ way Of the construction OF IL
y lautrality Of the canal is guarar
~ the right to protect ii again,
ftuptlons Of business between IL
WI ana Pacific coasts OF the Unite
j reserved. 's>
lo!lowing bills were passed.
Rang the st. Louis. Sloan mr.
nv hailroad company OF Nilsson
70 construct a bridge aero
W. river in Arkansas; grantir
u q nary A.. Swift, widow OF thu la
stes minister to Japan.
~ tMass) gave notice that {
n, after the routine busine
olscuss the Vest anti-expanslc
n fasua bill was laid before Il
penoing question being upc
.anent OF Mr.. Spooner Owls.
lM0N SENSE. CUR1