New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1899-01-20
THE NICARAGUA CANAL BILL.
AN AMENDMENT LIMITING EXPENDITURES
TO s2ooco0oO YEAR ADOPTED.

Washington Jan. 1s.-The Nicaragua Canal bill
was under consideration IN the Senate nearly three
hours to-day. After much debate substitute pre-
scented by Mr. Morgan for the bond amendment
onered by Mr.. Allison was adopted. Earnest ef-
forts were made to amend the measure in other
particulars. but all failed.
The pending question was Mr.. Allison's amend
ment authorizing the Secretary OF the Treasury 10
Issue bonds to raise money with which to construct
the canal Mr.. Allison offered a substitute for his
amendment in the form Of an elaboration OF his
FIRST proposition He explained his amendment and
urged that It be adopted a safeguard to the in
terests OF the United States Treasury.
In reply Mr.. Morgan expressed the hope that
Mr.. Allison would not insist on his amendment as
II brought up the question OF gold and silver and
forced into the discussion financial question much
debated among not only Senators. but the people.
He said he would be willing accept as an amend
ment TO the bill Limitation of expenditure Of
80 100000 year for canal purposes This provision.
ne believed. would take all the strain from the
Treasury.
M Sewcll hoped that the bill would be passed
to-day. He did not think the measure ought to be
embarrassed by the question OF the Issue OF bonds
Mr. Chandler also took ground against the ALI
son amendment He did not believe 1t necessary
for the construction OF the canal TO make issue
OF bonds. He believed In the use OF the current
revenue. and thought the money for construction
could be acquired. He said that II $50 10000
worth Of warshps were authorized II would not be
necessary TO negotiate special loan with which 10
build them. He was opposed TO special loans on
principle The United states was big enough
strong enough and rich enough 10 build the pro-
posed canal on the Nations credit. The amend
ment was an obstacle 10 the passage Of the bill
and he did think II ought to be put in the way
OF the measure. Mr.. Chandler appealed 10 Mr.
Allison to withdraw the amendment and have II
understood that the bills for the canal would De
paid when they came in.
Mr. Spooner declared he would not vote for the
BILL which involved the people in an expenditure
of from s5ooOOooO TO $3Oo000OOO. He advocated the
adoption OF the bond amendment OF Mr.. Allison as
a safeguard 10 the interests OF the people -,
attention to the 'pethoric condition OF the Treas
ury. .u,.ou ,,..-r,,,+,,S him said that the
Ii was Impossible 10 say now how much money
might be Ts squire Il an senator nsH from
shire" said Mr. Allison spoke OF $50 10000 for the
soon exhaust the Treasury l. fof one VIII N not
favor such an appropriation tor me HaVk ~ IA
serted in the bill for continuing appropriation for
the canal and trust 10 the committees OF congress
year as the condition OF the Treasury would per
nit. .~..,, -. to,,o,v,,g .uhsttut.
Thar Inc Secretary Of the Treasury is hereoy
The AUTHORIZATION made in this act 50 that such
payments shall not exceed the sum OF sNooooOo IN
Mr. LINDSAY believed that II TIE bill should be
enacted Il would either that the present va
taxes would have TO be continued or oohos "0uio
The vote was then taken on Mr. Morgan,s amend
ent 20 me q 10 q The amendment as amended
was then adopted. A. 70 49, -...,.. l.. a..
The last hour OF the session was occupied IN as
oreston Of several amendments offered by MI
Canerv all OF which were defeated. AS there was
senate went into executive session. and at s'25 p m
adjourned.