The Washburn leader. [volume] (Washburn, McLean County, N.D.) 1890-1986, 1902-01-25
THINKS I INK! We CAN SAVE MONEY NJ
PRESIDENT SENDS REPORT TO
CONGRESS WITHOUT ANY
COMMENT. ..i
COLOMBIA {; q I M Will VI DEAL :, FAIRLY Y Y
LATEST OFFER OF COMPANY HAS
4. MATERIALLY CHANGED con-
DlTIONs. i

Washington, Jan. 22.-The president
yesterday sent to congress with mes
sage simply Of transmittal the supple
mental report Of the isthmian canal
commission, in which it is unanimous
ly recommended that the offer Of the
new Panama Canal company to sell all
of it's rights, property and unfinished
work to the United States for $40. 900, 900,
be accepted. The senate ordered the
report printed in the Congressional
Record and also as a document.
The report gives in detail the prop
erty controlled by the Panama Canal
company and the amount OF work that
has already been done. It says:
The offer received from the new Pan
anna Canal company to convey all Its
property, including all Its interest IN
the Panama railroad, to the United
States, will make the estimated cost OF
the two canals as follows: Nicaragua,
$1S9, 1864, ,O62; Panama, $1S4,233, 1858. y
What We WouldsGet.
The transfer would give title to all
the land now neld by both the Panama
Canal company and, the Panama Rail.
road company. which covers nearly all
lands required for the construction OF
the canal. The lard held by private
parties at Nicaragua must be acquired.
and its acquisition may prove expen-
sive.
The question whether the new Pan
anna Canal company can make the
purchaser a valid title. to the property
formerly belonging to the old company,
It's predecessor, has been considered ana
answered In the former reports OF the
commission. but in view of the Inn
porta1ce fni connection, with the pres
ent G. ~, the results Of the investiga-
tion made are again presented ~ by the. sElss.
eeorntnfssioii. is.s ..g
ss VA. Tile advantages 81 the two canal
routes have been restated according to
the findings Of the former report: Ihere
has been no change in the views OF the
commission with reference to any OF OF
these conclusions then reached; but the
new proposition submitted by the new
Panama Canal company
Makes q Reduction 4
Of nearly seventy million dollars In the
cost Of canal across the isthmns OF
Panama according to the estimates con-
tained In the former report.
There is, however, one important
matter. which cannot enter into its de-
termination, but which may in the end
) control the action Of the United States
Reference is made to the disposition OF
the government whose territory is nec-
essary for the construction and opera
ton Of an isthmian canal. It must be
assumed by the commission that
Colombia will exercise the same fair
ness and liberality II the Panama route
is determined upon that would have
been expected Of Nicaragua and Costa
iT,fcas should the Nicaragua route be
preferred. The report concludes as
follows: :jss ,.5
"A cater considering the changed con-
ditions that now exist and all the facts
and circumstances upon which It's
present Judgment must be based. the,
commission is OF the opinion that the
mast practicable and feasible route
for an isthmian canal, to be under the
control, management and ownership OF
! the United states Is that known as the
Panama route ss3se II K 33ssgaEf1 III s5t'