The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1901-11-03
RETURN OF LORD PAUNCEFoTE
BRITISH AMBASSADOR HAS BROUGHT
OVER NEW TREATY.
IL Is Said 10 Provide for the Abroga-
ton of the CIayton-BuIwer
Arrangement.
Special to the indianapolis Journal.

Special TO the indianapolis Journal.
WASHINGTON, Nov. 2.-Nicaragua has
denounced the treaty of 1867 which gave 10
the United States the right to construct an
interoceanic canal across the territory OF
that country Notice 70 this effect was
received by the State Department on Oct.
"a. but the public was informed of it only
to-day One year from that date the
treaty will expire. and Nicaragua. by Civ
ing this notice, makes it known that she
does not wish to continue the instrument
in force. The notification came direct to
the State Department from the Nicaraguan
minister for foreign affairs. Il IS said-
Minister Merry. our representative in Mica
ragua, has not informed the department
of the motives which actuated the step. and
the officials here will not make a state
nent at this time. They content them
selves by saying there is no need Of appre-
hension lest the interests of the United
States will suffer by the action.
Despite such reassuring utterances. there
IS a general feeling here that the Mica
ragua route has suffered a reverse and
the Panama route gained a corresponding
advantage. Indeed. NJ Hutin. president OF
the Panama company was in an optimistic
state of mind tonight. and. while allow
ing it TO be known that he did not clearly
understand NicaraGua's position. was not
loath To say that a boom in Panama
canal stock would result. His view was
that the government Of Nicaragua had de-
termined to throw every obstacle in the
way Of the United States unless certain
concessions which the United States did not
desire TO grant should be forthcoming.
The denunciation of the treaty was, he
thought. "A nrst and emphatic step in re-
ninding this government Of what might be
expected in the future. This explanation
was not accepted I'm the diplomatic quar-
tiers, which have a peculiar interest in
watching the trend Of developments in
Nicaragua. It was suggested there that
perhaps the party opposed TO President
Zelaya. who is considered favorable TO the
United States. had succeeded in having
Congress denounce the treaty as an ex-
preston Of its sentiment against giving
this country absolute control of the canal
The promoters Of the Panama route are
not free from suspicion OF having instigated
this hostile demonstration. although there
is no way Of establishing the truth or
falsity Of this.
The treaty that is denounced gave the
United States and Nicaragua joint con-
troll Of the canal 1t would have been
necessary in any event 10 have negotiated
new convention. in which Nicaragua
withdrew from participation Of control.
but, nevertheless. there was no need of
the old treaty being denounced. Much OF
the mystery OF the surrounding situation
would doubtless be cleared were the Mic
araguan minister in Washington Unfor-
tunately. he IS now attending the session
OF the Pan-American congress in the Clty
Of Mexico One thing however. is ac-
ccpted here as &C. tain. and that is that
the construction Of any canal viii be de-
layed by Nicaraguas action The move
VIII be a source OF discourag cement 10 thu
hackers OF the Nicaraguan rbute. while u is
also expected TO make the opposition Of thu
Panama promoters to the hrst-named
waterway more pronounced than ever.