The evening times. [volume] (Washington, D.C.) 1895-1902, 1901-12-10
NEW ISSUE TN
CANAL SCHEME
A Company Claims to Own
NiGaf2guan Route.
REPORT SENT 70 SENATOR MORGAN.
United States Must, It is Said,
Deal With One Of Two Corpora
tioas in Execution of the
Isthmian Waterway.

When the United States Government
finally decides to construct an fnterocean-
ic canal, connecting the water Of the At
Iantic and the Pacific, Congress VIII be
compelled. it is sid. to deal with one CT
two corporations While the Niearaguan
route has practically been decided upon,
any outcome which might cause a change
could only bring about the other avail
able route. that owned and controlled by
the Panama Canal Company, Of France.
Where the Trouble Begins.
It was believed that the United States
could construct The waterway cheaper
and more rapidly over the Nicaraguan
route. but new factor has developed
which promises TO cause much trouble
and cost a large sum Of money.
New Phase of the Question.
Senator Morgan. Chairman Of the Com
mittee on Interoceanic Canals, has re-
cetved a document, bearing the New York
Dostmark, contracting statements which
may cause a reverse in the present prog
Tess of the isthmian canal question. The
points laid down are as follows:
That the Maritime Canal Company Of
Nicaragua" an organization incorporated
under the laws Of New Jersey, Eas full
and complete control of the route selected
by the Isthmian Canal Commission and
surveyed by that body.
That the said company has acquired By
purchase all concessions and franchises
looking 10 the construction OF q water
way through Nicaraguan territory.
Owns Land and Rights.
That this company owns every foot OF
the land between Lake Nicaragua and the
Pacific Ocean, which is at all available
for the construction of the canal
Tat this company has secured posses
sion Of the route and has erected build
ings and machinery and has actually be-
gun work on an isthmian waterway.
That thus far the company has expend-
ed S1.172, III IN cash for the lands Sc
cured and that the concessions granted
by the Nicaraguan Government are
sweeping and cover everything
That the United States cannot begin the
construction OF the proposed waterway
without purchasing from this company all
franchises, lands, and concessions now
held by it.
Backed by ORciaI Documents.
These are the facts which have come to
light through the report submitted TO and
received by Senator Morgan The state
ments are backed by official documents.
and Secretary Hay, OF the State Depart
ment, and Secretary Hitchcock, OF the
Interior Department, send endorsements
which prove the actual status OF the cor
poration and its operation.
Officers and Directors.
The officers of the Maritime Canal Com
pany are Henry E. Rowland. president;
T B Atkins, secretary, and Joseph Bryan,
Henry E. Alvin, S. H. Chisholm, John
r Bartlett. Otto 7. Barnard. 4. D. Shep-
herd, H. L. Hotchkiss, H. D. Pierce, r.
c. Shannon, and Edward MenocaI, board
Of directors. Mainly all of the above are
prominent New York fnanciers.
a Complex Situation.
Under the existing conditions this Gov
ernment does not appear to be much bet
ter off by chosing the Nicaraguan route
than it would be were it to submit to the
ironclad terms Of the Panama Canal Com
pany. The Maritime Company, it is ex-
pected, has made clever play in Sc
curing what the United States must pur-
chase, and the waterway. in the oPin-
ion Of many Senator's viii be q costly al
fair. even before the first shovelful of
earth is removed
The report of the Maritime Company
VIII be submitted to the Senate, and ae-
tion viii be taken when the Canal bill
is called I'D.