The Panama Canal: Its History, Its Political Aspects, and Financial DifficultiesC. Scribner's sons, 1885 - 248 pages |
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Page 77
... issue of 1879. He repeats what he has said in his circular of August 14 of that year , and now he asserts that " his previsions " had been fulfilled - that is to say , that the criticisms on the scheme , when first brought out , were ...
... issue of 1879. He repeats what he has said in his circular of August 14 of that year , and now he asserts that " his previsions " had been fulfilled - that is to say , that the criticisms on the scheme , when first brought out , were ...
Page 80
... issue 600,000 shares , or rather 590,000 , as 10,000 were at once allotted to the concessionaires : the public showed their faith in M. de Lesseps by subscribing for 1,200,000 shares , or about double the amount offered . Well could M ...
... issue 600,000 shares , or rather 590,000 , as 10,000 were at once allotted to the concessionaires : the public showed their faith in M. de Lesseps by subscribing for 1,200,000 shares , or about double the amount offered . Well could M ...
Page 93
... issue of obligations , nor for the preliminary expenses , price of the concession to be paid . to the Société Civile , and cash to be handed over to the Colombian Government . M. Wyse , the author of the project , had calculated the ...
... issue of obligations , nor for the preliminary expenses , price of the concession to be paid . to the Société Civile , and cash to be handed over to the Colombian Government . M. Wyse , the author of the project , had calculated the ...
Page 101
... issue of 1879 , which was unsuccessful . ( b ) The cost of M. de Lesseps ' travels to the isthmus , with his " commission , " and the fees and percentages given to the " propagateurs , " or promoters , in France and abroad . These two ...
... issue of 1879 , which was unsuccessful . ( b ) The cost of M. de Lesseps ' travels to the isthmus , with his " commission , " and the fees and percentages given to the " propagateurs , " or promoters , in France and abroad . These two ...
Page 102
... the company's securities that have been issued forms a tremendous liability . The Panama Canal Company has made the following issues : - Sept. 1882 · 125,000,000f . discount · 16,425,000f . Oct. 102 THE PANAMA CANAL .
... the company's securities that have been issued forms a tremendous liability . The Panama Canal Company has made the following issues : - Sept. 1882 · 125,000,000f . discount · 16,425,000f . Oct. 102 THE PANAMA CANAL .
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Common terms and phrases
according administration already American amount authorities Britain British building capital carried cent Central Chagres CHAPTER Clayton-Bulwer treaty Colombia Commander commission committee communication completed concession conclusion Congress construction contract cost cubic metres difficulties engineers England enterprise estimate European excavation expenses explorations fact February feet finished France French give Government grant guarantee hand important interest issue isthmus January July June less Lesseps Lieutenant Lord March matter means meeting ment miles Minister months never Nicaragua obtain officers Pacific Panama Canal Paris parties pass political possible Powers present President problem promises proposed protection question Railway raised referred regard require River rock route says scheme Secretary Senate sent shares spent Suez Canal surveys taken territory tion treaty United wanted Washington whole Wyse York
Popular passages
Page 179 - The government of New Granada guarantees to the government of the United States that the right of way or transit across the .Isthmus of Panama, upon any modes of communication that now exist or that may be hereafter constructed, shall be open and free to the government and citizens of the United States...
Page 196 - The Governments of the United States and Great Britain having not only desired in entering into this Convention, to accomplish a particular object, but, also, to establish a general principle, they hereby agree to extend their protection, by Treaty stipulations, to any other practicable communications, whether by Canal or rail-way, across the Isthmus which connects North and South America...
Page 180 - States guarantee, positively and efficaciously, to New Granada, by the present stipulation, the perfect neutrality of the before-mentioned Isthmus, with the view that the free transit from the one to the other sea may not be interrupted or embarrassed in any future time while this treaty exists ; and in consequence, the United States also guarantee, in the same manner, the rights of sovereignty and property which New Granada has and possesses over the said territory.
Page 196 - Britain take advantage of any intimacy, or use any alliance, connection or influence that either may possess with any State or Government through whose territory the said canal may pass, for the purpose of acquiring or holding, directly or indirectly, for the citizens or subjects of the one, any rights or advantages in regard to commerce or navigation through the said canal which shall not be offered on the same terms to the citizens or subjects of the other.
Page 195 - ... erect or maintain any fortifications commanding the same or in the vicinity thereof, or occupy, or fortify or colonize, or assume, or exercise any dominion over Nicaragua, Costa Rica, the Mosquito coast, or any part of Central America...
Page 177 - States are involved, that the American continents, by the free and independent condition which they have assumed and maintain, are henceforth not to be considered as subjects for future colonization by any European powers...
Page 197 - In granting, however, their joint protection to any such canals or railways as are by this article specified, it is always understood by the United States and Great Britain that the parties constructing or owning the same shall impose no other charges or conditions of traffic thereupon than the aforesaid Governments shall approve of as just and equitable...
Page 188 - Pacific shores, and virtually a part of the coast line of the United States. Our merely commercial interest in it is greater than that of all other countries, while its relations to our power and prosperity as a nation, to our means of defense, our unity, peace and safety, are matters of paramount concern to the people of the United States. No other great power would under similar circumstances fail to assert a rightful control over a work so closely and vitally affecting its interest and welfare.
Page 187 - The policy of this country is a canal under American control. The United States can not consent to the surrender of this control to any European power or to any combination of European powers.
Page 195 - ... in a convention their views and intentions with reference to any means of communication by ship-canal which may be constructed between the Atlantic and Pacific Oceans by the way of the river San Juan de Nicaragua, and either or both of the lakes of Nicaragua or Managua, to any port or place on the Pacific Ocean, the President of the United States has conferred full powers on John M.