The sun. [volume] (New York [N.Y.]) 1833-1916, 1902-06-14
Mr.. Morgan, THREAT Of y british
,auai Through Nicaragua

By o.. h1a 'hright n0l talked N ~"
diY ICON orlv ihr ',n ~ a N'1'1-
yua anal ne. sYrn',rtcl in lie mind
Gud no 80, mouth the ldca - au Nn'r,Can
,,Itl ,,r .t-I,tcd hv The most available
unl practicable ruu'" Nv The steady
growth e.. a islu~ N not seldom latest
in, human nature. he has ,pinc % regard
his oSn c~ouucStiun With tn" question.
and ,hs usr, lna,lv satisfactory compile
tn of les r.o-i m Tho question, az
IN re- important Than Tho question Itself
ANY yuntli"t'ug f,r', Argument ~ event
infu-iat". the Senator
This attitude ~acc1lnts Tor many things.
otherwise surNr.ins IN N" recent d.
Lav.Ir ~ NJ MORGAN Il Alaha'ut I'll"
fcrccrcsS ~ nj. d~nalcaror toward the
representatives IL tho French company
who came over hero 'o iBah" IN good
faith a business Offer ~ sale on prrcis 'iv
the terms .ug-c>tci bv our own 18TH
miIn C1ral Commission. his ~passInnat"
dcnuncia'.un Of the Panama route "a. q:
IL werr an animate snd conscious thing
Of surras-iug drpravity his uso ~ a
faise denial Il r-c~n' volcanic activity
in NiyaraeJa purp0rti1. to come from
President 7rtir, and furnished hv the
Monaghan Minister. his b~lie'. solcmnlv
u sol IN the senate day before vcs-
t,r,.av. tha' IN" Panama Canal il hell
born cntrrpris" specially manaCel by
his Satanic majesty. who, Mr. MORGAN
declared. | think. las more 10 DO with
this business than tho Almighty" and.
n IL. -. -. -s.Ns,- 1900. . TI,.re-
dav To the sympithios Of his fellow
Senators. when he warned them that h"
would be likely 10 die ~ disappointment
II thew should vote for the Panama
route all these cCo>n'ricitics become in
telligiDle a. soon "a the senator's state
Of mind is comprrhcnded.
II il a state 81 mind not infrCGucntly
produced by long partisanship, or self
interest. or acute vanity 81 opinion; but
IL has never been supposed 10 qualify a
p,rson 10 give sound advice upon "a
question Of momentous importance 90
q patton for al future time.
Ii the good nature Of any Senator
inclincs him 10 siv> undue consideration
20 Mr.. MoRGAS's personal comfort and
susoeptibflkies IN this matter. We all
wise him to turn 10 page SO of Volume
70. Part /. ~ tho Congressional Record
Senator MoaGAN will thcrc ~ found
urging the Congress To bond tho Gov
ernmcn for 500, 10000 in order Ia
sub-idize 70 that amount tho Maritime
Canal Company 81 Nicaragua: and NJ
the same time threatening. in behalf
OF that concern. 10 take the McnOCal
concessions over ~ London aud sell
them 20 tho British Government for a
British canal in casc our Congress de-
olincd 20 enact the subsidy hill Mr..
MORGAN was then promoting.
This Wa barely five year. and n half
ago In January, 1897, only ninety days
befun, the Ncnooal concessions for
Nicaragua and Costa Rica were To eI-
pire by Limitation and become worthless
% their proprietors. Mr.. MORGAN VA
desperately urging the Senate to invest
One hundred million dollars in tho stock
Of the Maritime Canal Company. the
owner Of that moribund franchise. IN
the course Of his plea for n subsidy he
somewhat ANONYMOUSLY disclosed the fact
that the Maritime Company, or its inside
Construction Company. had previously
~arrangvi 20 build the canal witt English
capital. but had been prevented from so
doing IN the failure ~ B.RISG Brothers.
who were "a finance the enterprise. Mr..
MORGAN went On:
Nos. 1 ~-E Suppo,- ihA, We have defeated ~,
biz The Morgan sin ep IN csn,l subsidy BIZ
and. sfer We have defeated ~ tina, NJ man can
turn TO the MARITIME C.,n Company or to ANY
ether eompaay and nay We have 90, oru- lien
moral. legal or equitable. ppon your franchise
no man can ,urn arousd ami Vy they Ar, under
any obligation whatever IN NJ disposition ~ ihi,
great prpporty Tor Vhica they paid apd which w.
encoyrag.i then - buy; We mast \, honor then
Say 10 them Go vh~rc yol vii and sell II IN wtorn
you VII. you h,vr - -1urh rsh, to do u az at
Alabama planter lss Q r,h, 10 cell ne hale ~
cotton IN London or IN fsr' and To eHr,S. NJ,
market"
Mr.. MORGAN proceeded 20 make ever
morp sJrcifc his threat 81 a Bril- ish canal
by way ~ Nicaragua IN Ease tho United
States Government failed 10 put a lrin-
drcd million dollars into the MARITIME
Canal Company's trrasury:
vii .uppo'-. then. rs, this b VI "a defeated
and viii suppose thu these msn go 10 irslani
sud tender 70 The nr;r.h Government, preciSfy
the situation ~e srr N h-r. 20 afsy. and tf-y sho'.f
sy IN ,h- british Parliament CIV. u, a os,r,er
In ihc v,D votis 81 The iw'Tc,1 charter mu,at,
nunnd's sivc u' this ii-nue.l ,hsrt-r. va>, The
bill which w.s rsport.i h> III COMMITTEE o. 'h-
Nleararusn Cansi q, the senate ~ TIE Tinted
States. cis,n for yourselves -. MON 90 ~ stock
There, advance tie sico.orn 9o 80 guarantee Witch
SN necessary 20 bund tie canal. pay v. bacs the
piu- piitanc. As have expended ~ four and a half
millions In ih's c.n.i. pa rh,oS to ~. hUd give q.
Scvcn million, ~ paid 20 stock IN tie concern
pass your IN throush rsrnamen, , thr ,cp
words ~ thi, brl snd CIV. " the charter IN thc
ven ~iNnruarc - The h-rucan CHARTER 4si ~
sAEl hat' ~ --s'' - Ne s,,r",i u,d, fs,,.
s0acs'Ho-'
Then Mr. MORGAN explained tho power
LSsnc-s of the American Government 80
prevent tho Hbovc-1~.crbrd Transaction
between his friends n the MAJ time
Canal COMPANY and tho british Par
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