The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-01-08
The HEPBURN BILL.
II Is Now the Special Order and viii
Continue Until Disposed Of.
PANAMA OFFER DISCUSSED
II Came Down from SlOq,OOO,OOO 10
Only 100000
MORGAN WANTS AN INVESTIGATION
lie Believes That Monopoly Is Already
10 Existence.
THINKS PANAMA COMPANY INTERESTED
Chaplain of the Senate Prayed for the
Newspaper Men--senate Adjourned
to Attend Miss Foraker's Wedding.


Washington. January The debate on
the Nicaragua canal hill in the house was
opened in lively fashion today by MIR.
Hepburn. chnirmon Of the interstate and
foreign commerce committee which re-
ported the hill. For two hours he held
the floor replying to vollcy Of questions
concerning the recent offer Of the Panama
Canal COMPANY ia sell its property and
franchises TO the United States for $40.
coo, The interest in the debate centcred
almost entirely in this new phase of the
subject, Mr. Hepburn maintained that
the alleged new Offer of the Panama com
pany was part of the plan of delay All
his utterauces along that line were lib
orally appaudcd. lie pointed out what he
claimed was the suspicious circumstances
that the Panama company held out for
$l09.OOo,0o0 until il was decided before the
holiday recess to consider the Nicaragua
bill and then suddenly dropped the price
to 100000
Mr. Norris Minn) gave notice that at
the proper time he would offer an amend
mcnt to authorize the president, If he
could procure the property and rights OF
the Panama company for S40,OOOUO, If
concessions could be procured from Colon
bia and If the Walker commission so rec
omniCnded to purchase and proceed to
complete the Panama canal.
The other speakers today We're MeSsrs.
Davis PlaJ, richardson tAlaD, Mann llllD
and Adams Pa.l
The house went into committee of the
whole tAlr. Grosvenor in the chair for
III f ii,,,.,, ul Tue SahuI WI ana
ron,mitfn, nn intoTstt o ~ ,ram VI ,no
lmlnll'ee on interstate ana foreign com
ann, -, IN, ,l 49, ny pl1i' tooh tne
m ,,', 10 ul''u tlV ut,,,utt lle saiu Wa'st
INIT NJ" Sno a. HuH vonnS'IinE 'nc a.
",j,J ~" ~ : o,NC u plu ny'T az NV
tban .G6 VIZ, ynorp "a '"' "oi'u lol ni''
'"nH ~, r. iA.v11,'Sii S.,.aa .t,,..,-.. e...o
nan IN inc 1mllGa sat. states thirty-seyen, states
''t,'' W., 'n't Al, us SHtuu"l lriT
noiit,nii IUt ~ ,
tbcnsot, e. pn ~ - & u1t ans "a
heo,, a ,S a. i "l ~ va Suu3v'. ~,
III .o ISL W. Ing II, s'i'lI'ihu s"uIe
III, fg,I,,l ~" nj III
bI ,uru ~ W., Suuitrotu ~
~ "E"Sr u" 'ulc'ntlatS az
I"'m", oa ~ V"e unmuS "I We pI,Si sn,e,,m,
sto ap, - r!'il,: W. ugLuli,
ntal'S L1 OF ,ue ,SuSlon,nE OF PsTSo4us
" IL" u"u ~" ,44tSsI" ~ tu NV tu'e oi ny,
nrocnt dnF5 I ,,d,,S tne a,sh' ~
M, IIopI,,,, s oip tbto o jde
QUESTION 3 pr be Sf faa hG 'o onS m9w H.
G IN wv Ham ~ M
pany TO huild n canal Ms folloyys. "'Tbe
company raised S256. 100000 nv the sale
of $4,000. 600 Of bonds and after eight
veors the nnnnqers ~ Tho con,nonv found
themselves. with the work less than one
fourth completed. bankrupt I'm money and
character. This ne said. proved con
taken hy goycrnmental agency.
If the pending bill became a law thu
work could begin M once and shonld II,
comnloted in rjrht ve,rs NJ Ucnhrr,
s0id tbnt ne a cnmmerciai vept:,re thc rnm
missions fcnrcs Of I, 900 oo0 tSxs could h,
safely taken. At the latter tigIIre tho IN