The Farmington times. [volume] (Farmington, Mo.) 1874-1902, 1902-06-26

strip and the ports at the ends there
OF, 10 make the necessary police and
sanitary rules and regulations and
TO establish Judiciary tribunals TO en-
force the same.
The president also may acquire
such additional territory and rights
from Colombia az Ia his judgment
win facilitate the general purposes
Of the act.
by section three, stO,0O0,O0O Ii APP
propriatcd to pay for the property Of
the new Panama Canal CO., and q
sufficient amount 20 pay Colombia for
the territory acquired from chat
country for building the canal The
president is then, through the 18TH
miun canal commission, authorized
by the net 60 proceed with the con-
struction ~ the canal, utilizing m
FAR as practicable the work already
done. The canal Is TO be supplied
with all necessary locks and al other
appliances. Provision IL made FOR the
construction ~ safe and commOdi-
ouH harhors nt the termiui Of the
canal and for such works Of defense
as may he necessary for the safety
and protection Of the canal snd har.
buFH.
liy section four the president iE
given the alternative authority NJ
proceeding with the construction ut
an istllnian canal by what IL known
AZ the Nicaragua route in the event
that he d unable 20 secure a salts
factory title 10 the property Of the
new Panama Canal Co., and the con-
tro! of the necessary territory from
Colombia, and after first having OBJ
tanned for the United States exclusive
and perpetual control, by treaty Of
the necessary territory from Costa
Vica and Nicaragua, the provisions as
20 tonnage ana draft Of vessels, as TO
harhors and as 20 works OF defense
being the same ~ In the section re-
lating TO the Panama route
Au appropriation ~ made Of such
sums as mny be agreed upon by
treaty as compensation 60 Nicaragua
and Costa Ricn, for concessions and
rights granted 10 the United States.
Section five appropriate si0,o0), 900
toward the project contemplated and
provides that appropriations are not
tu exceed in the aggregate the uddi'
iioual sum of Sl3l,000O 900 if the Pana.
ma route he adopted, or siSo,o00,oO
should the Nicaragua route be select
ed
by section six provision Is made
that IN any agreement with Colon.
hia. or with Nicaragua or Costa Rica
the president ~ authorized TO guar.
antcc them the use Of the canal and
hnrbors, upon such terms as may be
arranged. for all vessels owned by
those countries or by their citizens.
Section seven creates an isthmian
canal commission ~ seven members
60 be nominated by the president and
confirmed by the senate, They are
70 have charge of construction of the
canal and are to be subject SO the
direction and control Of the eNecu-
tive At least four OF the seven are
60 be skilled In the science OF engi-
nccrinr. at least une Is to be an on.
Ger of the army and one other an Of
ficcr Of the navy. Authority IL given
for the employment Of engineers
from the army and civil life and Of
other upcrsaasy r@~uoua Tho rom
mission is 20 make reports TO the
president and TO give 10 congress
such information ns may be required.
tndcr section eight authority Is
given for the issuc Of sl1o,eeo, 600 two
per cent. gold bonds to meet the cx,
pcnditures authorized by the act.
They nrc tn be issued from time to
time ss the proceeds may be re-
quircd. are To be in denominations
Of 500 or some ultiple of that sum,
rrdccmahle after ten years aud pay.
able In 90 years, the interest Co be
payable quarterly in gold coin. They
are to be exempt from taxation, are
10 be disposed Of at not less than
par, aud are 20 be open TO popular
subscription. None Of these bonds
are to- he sold to pay the sums APP
propriated in sections one and two
of the act, or the si0.0O0,oO0 appro.
printed by section five.