The Stratford Evening Post WITH WHICH IS INCORPORATED THE EGMONT SETTLER. THURSDAY, JULY 31, 1918. THE NICARAGUAN CANAL.

Stratford Evening Post, Volume XXXVI, Issue 73, 31 July 1913, Page 4

The Stratford Evening Post WITH WHICH IS INCORPORATED THE EGMONT SETTLER. THURSDAY, JULY 31, 1918. THE NICARAGUAN CANAL.

It i& stated wfth authority by some of tlie English paper* that the negotiations by the United States in regard to a treaty with Nicaragua so as to give the former the exclusive right of constructing 'a waterway through the Central American republic is of much ijreater significance than at first appears. Several financial groups in Europe have given such a scheme their consideration, and not very long ago a German syndicate had the route surveyed. A United States Commission recommended a canal across Nicaragua instead of through the isthmus of Panama, and in October, 1890, the work was actually begun. Tho company responsible collapsed nine years later, being almost immediately succeeded by another concern, which, however, failed to comply with the terms obtained, so that the concession was revoked in 1900 and tho ma-,-V revival

chinery was abandoned of tho project under Government auspices is not unlikely, and for various reasons. Several of tlic engineers engaged at Panama regard with a good deal of alarm, a correspondent of the “Manchester Guardian” states, the frequent occurrence of landslides in tbs Culebra cut. But even if no-] thing happens to delay the completion I of the Panama undertaking and business goes on without interruption, the i development of trade may render anI other canal a commercial necessity, chiefly for service between tho east [and west coasts of North America. Moreovw, one through Nicaragua would not, it is believed, cost nearly so much as the one now being built, as advantage would bo taken of the San Juan river and of Lake Nicaragua. The railway across the isthmus of Telinantepee lias created a traffic great-j ] ly in excess of anticiuntion during the j six years it has been in operation, and ; f it is quite expected that a similar ex-: pansiou will take place when the, q Panama route ts available. It mav,j\

hereforo, happen that the Xicaiaruan schemo will be promoted, chiefly is an adjunct of the coastiviso and ■ranscontiuental trade oi tJie I nited states.