The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1899-01-19
Offered an Amendment to the
Nicaragua Canal Bill.
POWER TO ISSUE BONDS
Secretary OF the Treasury to Be Author
lied to Raise Money for the Con-
struction of the Canal-Pacfic
Gable in the House.

| in support of his resolution declaring
that the United States would not as
sumo sovereignty over the Philippine
| islands. Bacon is, ,one of the orators OF
| the senate, and as he gave himself free
rein, not confining himself to notes, he
spoke strongly and effectively. His
peroration in which he pictured the
horror of some of England's methods
of controlling her colonial subjects was
a beautiful and forceful bit of word
painting.
Following Bacons speech the Mica
fagua canal bill was taken up and re-
manned under discussion until o'clock
No vote was reached on the measure,
as Allison of Iowa exploded a bomb
under the bill by offering an amend
ment providing that the secretary of
the treasury should issue bonds to raise
money with which to construct the
canal. The friends of the measure then
consented to an adjournment.
Bacon spoke for an hour and a half,
after which White of California gave
notice that on Monday next he would
address the senate on the Vest anti
expansion resolution. The Nicaragua
canal bill was laid before the senate
and the substitute for the pending
measure offered yesterday by Caffery
OF Louisiana was read.
Caffery addressed the senate in sup
port of the substitute.
White advocated the passage of the
pending BILL although he favored the
elimination of the Maritime Canal COM
pany from the project.
Caffery, after addressing the senate
the second time under the 15-minuta
rule, offered another amendment to his
substitute with view of obtaining the
1t1xlI in fnJ1t +,
der. lie then, entered a motion to in
definitely postpone the Morgan bill and
upon that motion addressed the senate
Thurston OF Nebraska announced that
he would vote for the substitute offered
by Caffery becauae he believed the
United States ought to construct the
canal without reference to anybody
else, but in the event of the failure of
the substitute he would support the
Morgan bill He thoueht the canal
ought to be built and characterized it
as the one great national necessity of
our time.
In advocating the Morgan bill, Haw-
ley of Connecticut said the canal must
be built; that it was an absolute neces-
slty to our present civilization.
Hoar said the canal ought to be built
and built forthwith by this government
He desired to put the question in the
hands of the president.
RaWllns of Utah opposed the Morgan
bill, because if constructed the canal
would be of no military or naval ad-
vantage to the United States under the
provision of the bill
Caffrey then withdrew his motion for
the indefinite postponement of the Nor
gan bill. Morgan then moved to Law
the Catfrey substitute on the table
Ihe motion was carried. 1922, as fol-
lows: Yeas-Aldrich, Allison, Bacon,
Chilton, Clay, Davis. Deboe, Foraker,
Galllnger, German, Gray, Harris, Haw-
ley, Heitfeid, Jones of Arkansas Ken
ney, Kyle, Mcbride, Morgan, Nelson;
Perkins, Pettus, Platt of Conn, Platt
OF New York, Pritchard, Ross,
Shoup, Simon Sullivan, Turner, White
81 Noes-Bate, Burrows, Caffery,
Daniel, Elkins, Fairbanks, Gear mamma,
Hansbrough, Hoar, Lindsay. Lodge, Nc
lnery. Mcmillan, Mason, Money, Raw
Inns, Roach Teller, Tillman, Vest-22.
Bacon then offered the following
amendment to the pending Morgan bill:
THE provision of this act shall not
De operative nor any money paid out
hereunder and the work of construct
ing said canal shall not be proceeded
with under the same until the govern
ments of the republics of Nicaragua
and Costa Rica consent to eliminate
ana eXpunse from the concession to the
Nicaragua Canal association and to it's
transfers, articles So and Sd of the same
and until said same amended concession
shall secure to the United States title
in perpetuity to their interest in said
canal and the property appurtenant
thereto, as contemplated in this act.''
The amendment was discussed by
Bacon, Chiffon and Teller 1t was de-
feated, 37-12
German proposed the following sub
sutute for section II of the Morgan
bill. the substitute being accented and
agreed to:
That the president of the United
states is authorized to arrange bv
agreement with Nicaragua and Costa
t'lca OF poth or them, or with the gran
tees holding concessions from either of
those states, to acquire all rights and
privileges that may be necessary and
TO secure any change or modification in |
the terms of the concessions granted |
by said states which he deems Just ana |
for the best interests of all who are |
interested in the Nicarapua canal, ard |
ne IS also authorized to submit to arbi- |
tfatlon IN the manner provided for in |
said concessions or otherwise any mat |
Ter or controversy that may arise in |
reference to said canal or that relates |
TO any claim or right under said con- |
cessions or any of them"
Ieai OF iowa offered his bill as q |
SUBSTITUTE Tor the pending bill, the |
feature of the substitute he |
ng the authority conferred unon the |
president to purchase from Nicaragua
and Costa taica full SOVEREIGNTY and |
ownership of the territory necessary for |
he canal. The amendment was de- |
'eated. 32-15
Allison of Iowa offered the following
is new section
THE secretary of the treasury ,s
hereby authorized to borrow on the |
,redit of the United States from time
o time when necessary such sum or |
sums as may be required to provide for
he payment of the treasury warrants
authorized to be issued under the pro
Iisions of this act and shall issue
'onds OF the United States for such
purpose at rate of interest not ex-
'eedlng per cent per annum, payable
quarterly, principal and interest to be
1ald in coin of the present standard
ialue, at the pleasure of the United |