The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1902-03-01
"BLACKMAILERS"
THAT'S WHAT PANAMA SHARE.
HOLDERS CALL AMERICANS.
French Are Reused at Uncle Sans
Good Sense.

Paris, Feb. 2S.-At an extraordinary
meeting Of the shareholders of the new
Panama Canal company. President Bo
read a message from the consul general
of Colombia al Paris setting forth that
the company could not transfer its CON
cession to another nation without first.
with the assent of Colombia, modifying
the stipulation OF articles q and % of the
agreement. After a discussion during
which it was urged that Efforts should be
made to keep the concession for France.
the meeting adopted a resolution express
ing approval of the attitude or the board
of directors and deciding in view Of the
message Of the Colombian consul general
to postpone entering into any agreement.
The dispatch of the Colombian govern
ment was a complete surprise TO the
shareholders Of the Panama Canal COM
pany who met this afternoon IN expecta-
ton of merely ratifying the action Of
the board Of directors in transferring the
companys property 70 the United states
for $40 100000 which offer was TO remain
open until March g. 1906 and authorizing
the board TO carry out all the measures
for the transfer OF the property and FIX
and accept all modes and terms of paw
ment II the United States accepted the
ofer. The CONSERVATION. therefore. was
general when President Bo read Colom-
bias telegram. and heated discussion
broke out. The majority Of .he speakers
concluded the telegram meant the result
Of the negotiations Of the United States
and resentment against the United States
was shown. One shareholder attacked
the United States for beating down the
price to $4,000 600. He said the Americans
were dallying with the company. There
was no reason why the United States
should not later want the canal property
at s20oooc00. Another speaker character
lied the Americans conduct as "hideous
blsckmailing." saying that n the Ameri-
cans bought the canal property they
would make a fine bargain and why
should not French capital be found 9th
er speakers expressed the conviction that
il proper appeal was made. the money 20
complete the canal could Be obtained IN
France.
One of the shareholders Informed the
meeting that he knew on undeniabie
authority that President Louhet had TAX
en steps 70 endeavor 20 have the canal
built with French money.
Finally II Marquis. the Official repre-
sentative OF the shareholders. brought the
meeting TO it's senses. lie reminded his
hearers that -he remarks made were Ut
tsrly wide Of the mark. All discussion at T
the present moment was ont n place and /
probably damaging to the company's in- I
,erests. The best course vas 20 adjourn 4
until exrIa nations n Coiouhia'E action (
were forthcoming. This proposal was /
adopted and The meeting a65ourned-
r-na secretary of the comrsry- uh0 vas 4
russs .onea arter TIE Adjournment said 1
he telegram arrived ct go last evening 4
rhav were o-lifr ar y loss % explain 81 .
sv il was thought tie Colombian ard +
United States governments were in fe-ree-
reut concerning The concessions
Tho rsrort slhmitted 20 the meeting 4
.asd
eErsrvors who haz followed ths rro
sress ~ ihs ncz1tfsfiers has u0ficel that
80 r--t zietv - sire sne-irn -orerr-
rr-f -r7r ~ tfnd fa tAe sane treaty fte
Isn.Eatson - fh- oi1 c0mrarT - weH
th7t ~ tho rev c'snranT u vF
hr-sr,-e necessary % pace ou-ssIvfs i1
- rosftsn - girlrr ere fr-erirtn zar-
-~r,rnt fllf sartfifr sri -rahHE it o.
.i--.-s>e FrrrIfefv ttr 5ce- err1 ~
IL asve-rsrs@s - ihe r'narna reats re-
-W~r fh Irtsz~Ite - rrr pr7T rfr
7hc- tre -ns-f sete fa~ih tizt -rflfra-
~ Asd retei ir a satisfactory so
se IS fIes 7f -