Oxford eagle. (Oxford, Lafayette Co., Miss.) 1876-current, 1903-09-17
ASKS $20,0OO,0OO
FOR PANAMA CANAL
Committee of Colombian Congress
Submits New Measures.
FORMER TREATY is REJECTED
state Department Disgusted With
the New Bill Before the Con@ess
of Colombian Senate-United
states VIII Not Consider 1t.

Washington, Sept. 14.-Official de-
tails of the bill by which the Colom-
bian congress hopes to hold up the
United States in its desire to construct
an isthmian canal are contained In
dispatch received at the state depart
ment, Saturday, from United States
Minister Beaupre, at Bogota, This
shows that the Hay-Herran treaty now
stands rejected by the entire Colom-
bian congress.
The joint committee of the senate
and house have favorably reported a
| bill governing the construction OF q
Panama canal, which, il successful,
will bring Colombia $40. 900. 900 more In
cash and $150,000 more in annuities
than she would get were the Hay-Her-
ran treaty ratified.
state Department Disgusted.
The state department, supremely dis
gusted at the greed of the Colombians,
has now no hope that any treaty VIII
be ratified by the congress before Sep
tember %, the time limit for exchange
of ratifications. But, despite all this,
there is no indication that the presi-
dent has concluded to open negotia-
tions for the construction of the canal
| by the Nicaraguan route. Minister
Beaupres dispatch was made public by
the state department, as follows;
Commission's Recommendation
/. Approval of the action of the SEN
ate in rejecting the Hay-Herran treaty
2. Authority to be given to the pres
ident to conclude treaties for the canal
or to contract for canal with private
parties, subject to the rights OF the
companies.
8. The Panama Canal Railroad Co
to be permitted to transfer its proper
| ty. all existing obligations to be as
sumed by the purchaser, including the
annual payment of $250,000, and the
surrender of the property to Colcmbia
in 1867.
| 4. The canal company to be permit
| ted to transfer its rights and property
on payment of $10,0O0,000 to the gov
ernment of Colombia.
| 5. Authority to be given to the pres
ident of Colombia to make the fol-
flowing concessions and conditions:
Lease of the canal zone for 100 years
not including therein the cities OF Pan.
anna and Colon; annual rental therefor
until 1867, to be $3.50, 1000: lease renew
able every 100 years, with increase OF
| 25 per centum in the rental for eacf
succeeding 100-year period; neutrality
4 ~ n,x1 n (sOtOn-
bian sovereignty over the whole terri
tory and the inhabitants thereof;
mixed tribunals only in the canal zone
police and sanitary commissions TO bt
exclusively Colombian; time limit te
be fixed for the completion of the cana
land works.
6. Colombia to receive from the con
tracing government $20,000,0O0 on the
exchange of ratifications of the
treaty.
| 7. Regulations to be made fixing
| the conditions of purchase of private
property.
Minister Beapres dispatch was for
warded at once to Secretary Hay, a
Lake Sunapee, N. H.
Mr. Hay will doubtless promptly In
form Minister Beaupre that no sucf
proposition will ever be entertained b!
the United States, or even seriousl!
considered.
Terms of Former Treaty.
What Colombia would get under thu
Hay -Herran treaty:
$10,000,000 cash from the United
States.
| $25O,0OO per year during the life o
the treaty.
what New Treaty CnI1s For.
| What the bill now before the Colon
bian congress calls for:
100000 from the United States, o
whatever country builds the canal.
| $10,000,000 from the Panama Cana
Co.
| s250,000 annuity for concessions t
the Panama railway.