The Savannah morning news., 1901-11-03
PAUNCEFoTE HAS THE TREATY
. Continued from First Page0

AAOAAA II IdSt.l
dies and other British possessions.
This, while in line with the views lat
terly attributed by special cable dis
patches to President Mckinley and
president Roosevelt, was so at variance
with the British governments expert
ence OF the American attitude that they
now regard 1t in the light of a quid
pro quo for what they believe to be
concession over the Nicaraguan pro-
posal.
Not Making Us Any Gifts.
The allegation contained in some of
the British papers that Lord I.ans-
downe has tamely given up inherent
rights without any return is strenu-
ously denied on the foregoing grounds.
what is perhaps more interesting
even than the reasons prompting Great
Britain to send over Lord Pauncefote
with his draft of a treaty is the fact
that the inner circles OF the cabinet
are not nearly so sure of the accept
ance of the convention as are some of
the leading papers on both sides of the
water. When the full terms are an
nounced, it is feared that some men,
bers of the Senate may still find OBJ
jections and that the forecasts so far
published, alleging two sweeping con-
cessions" on the part of Great Britain,
may have a deleterious reaction. Fer
instance, the deduction that the pro-
posed treaty in any way reaftirnlss or
extends the scope of the Monroe dec
trine meets with a direct denial by the
foreign Office. For these and other rea-
sons Lord Pauncefote is not likely to
affix his signature to the document un-
til majority of the Senate shall have
had full opportunity for studying Great
Britain's proposal.
In the meanwhile there exists here a
species of indifference and "a feeling
that, after all, the new treaty may be
pigeon-holed on account of some unex-
pected senatorial objection, though this
development would create the keenest
disappointment, despite it's present sto-
ical anticipation.
Opposition by Suez Company.
From a diplomatic source there has
| lately enanated a private rumor that
| the Suez Canal Company is using finan-
cial and other influence to prevent an
| agreement being reached in regard to
| the Nicaraguan canal. It has been
further reported that this powerful
| corporation has joined hands with sew
| eral leading American interests alleg-
| ed to be opposed to the construction of
| this latter waterway.
| The Associated Press learns, how
ever, that Investigations carried on
here and elsewhere, in which Wash
ington is not an entirely disinterested
party, reveal that there is no evidence
of such Vaccinations by the Suez Ca
nal Company, though the head of one
of the British state departments ad-
mitted that the Nicaraguan canal
would probably rob the Suez canal of
all of it's far Eastern trade. The Brit
ish government is the largest stock
holder in the Suez canal, but it does
not appear that this financial in
! terest has ever entered into the
! discussions of the Nicaragua canal,
the considerations involved therein
being regarded as so paramount to any
| possible loss of future dividends from
| the Suez Canal Company as to be I'M
worthy of being coupled with the sub
| ject. The actual business of the Suez
| Canal Company is all transacted in
Paris, where the secretary general of
the company said to a representative
of the Associated Press:
Do Not Fear Isthmian Canal.
For us, the Panama and Nicaraguan
| projects do not exist. We pay abso-
| lutely no attention to them. We have
never exercised any influence to pre-
vent either of these schemes from be-
] ing carried out, and we shall never dc
| so. We can look forward to the even
tual opening of either canal with per-
| feet equanimity, as we do not antic-
| ipate- any appreciabIe loss of income
from their competition. We may even
| benefit by the general development OF
| the traffic that the opening of
a canal across the American isthmus
| may cause"
The Panama Canal Company is also
| ignorant of any action having been
taken by the Suez Canal Company
against the proposed Nicaraguan ca
nal. 1t is interesting to note that sew
eral English authorities interviewed
by representatives of the Associated
Press all stated that English trade
with the Far East, whereto, within
few years, the largest tonnage would
be speeding, must be bound to take
the isthmian route, not only to expe-
dite cargoes, but to avoid the palpable
danger of the Suez route, which now
compels them to skirt the shores of
three nations, France, Spain and Italy.
who, 'but the fall of the handkerchief"
might become hostile. These authori-
ties all assumed without any reserva-
ton that war between Great Britain
and the United States is an impossi-