BoletiÌn mercantil de Puerto Rico. (San Juan, P.R.) 18??-1918, 1901-11-19

advantage to Great Bfttan. IL w0uid noEi
|be fair to sag that aIqnidpae one cona.itutea
the main feature Of the protracted ponrtsl
parlers, but that it will directly or indirectly
result is firmly established in the minds OF Ia
the members Of the { ugliah cabinet. O1eof
tie most responsible officials connected with Il
these and the earlier negotiations said:
"We never really objected to the con-
struction of the canal, but We did and do
object to cavalier abrogation of the Clay.
toni Bnlscer treaty. 1t was in that spirit
that Lord Lansdowne couched his reply to
the Senate's rejection of tie last Hay .Paun-
cefote treaty. 1t was not what you vented
to do, but the nasty way you said it that was
the chief reason flor our opposition. Since
them we have been approached in rational,
polite manner, and we have again endeav.
Lored to substitute the Clayton Bulwer treaty |
with treaty that will enable America
to carry out des gn which, in broad
sense, will doubtless benefit the whole
worldD.
: The United States has shown a willing
> Lness to agree to reciprocal arrangements
regarding the British West Indies and other
4 British possessions. This, while in line with
the views latterly attributed by special cable
;, ldespatches to President Mckinley and
= President Roosevelt, was 80 at variance
with the British governments experience Of
+ the American attitude that they now regard
70 lit in the light of quid pro quo for what
,r they believe to be concession over the
n Nicaraguan proposal.
What is perhaps more interesting even
that the reasons prompting Great Britain to
'se3d over Lord Panncefote With his draft Of 9
treaty is the fact that the inner circles of tht
British cabinet are not nearly 80 sure of th,
acceptance of the convention as are some o
leading papers on both sides of the water
When the full terms are announced it i
feared that some members of the Senat
may still find objections and that the fore
ill casts so far published, attributing tw
sweeping "concesslons" on the port of Grea
- Britain may have a deleterious reaction
L. For instance, the deduction that the propoi
''o ed treaty in any way reaffirms or extends th
as scope of the Monroe Doctrine meets wit
OF a direct denial by the Foreign Britis
in Office.
r For these and other reasons Lord Paur
Il cefote is not likely to afix his signature
ID. the document until majority of the Senat
,ut shall have had full opportunity for studyin
,;ll Great Britain's proposal.
From diplomatic source there has lat
'n- " emanated rumor that the Sues Csn
MT, Company is using financial and other il
has fuence to prevent an agreement bein
blo reached in regard to the Nicarsguan Cana
1t has been further reported that Il
las powerful corporation has joined hands wi
ly, several leading American interests alleg'
The to be opposed to the construction of til
&C listhmian waterway. No evidence Of su,
- Vaccinations exists, however.
Of The head Of one Of the British sta
the departments admits that the Nicaragui
Canal will probably rob the Suez Canal
much of its Far Eastern traffic, if not q
The British government is the large
stockholder in the Suez Canal, but it dc
not appear that financial interest enter
into the discussions of the waterway co
vention, the considerations involved there
re" being regarded as paramount to any possii
IS, loss of future dividends from the Su
Canal Company. The actual business
the Suez Canal Company is transacted
Paris. The secretary general of the col
,t;I, pany said:
C For us the Panama and Nicarag
projects do not exist. We pay absolute
l.-- no attention to them. We have ney
nd o-o-~se4a --y in1faanca IN nrnvnnt oitf
lses Of these schemes from being carried o.
a. and we shall never do so. We can 10
ai0 forward to the eventual opening of eitl
.OW canal with perfect equanimity, as we
lar not expect any appreciable loss of incol
and from their competition. We may ev
A. benefit by the general development of I
:. ~ traffic that the opening OF canal across [
dis American isthmus may cause"
tine The Panama Canal Company is also
asia norant of any action having been taken
a;I the Suez Canal Company against the p
gu posed Nicarsguan canal.
the 1t is interesting to note that seve
een Englshman declare that English ira
sea with the Far East will be sure to take
isthmian route, not only to expedite O
ave goes, but to avaid the pslpable danger
us the Suez route, which compelS them to SIX
the shore of three nations, France, Spain .
the Italy, who, "by the fall of the handkerchi
:. might become hostile" =