Show CABINET L Ml JI G Time Devoted I to Discussion of Canal April lA considerable con part of session of ot the cabinet was devoted to consideration ot of the sit flIt relating to the lie Panama canal Satisfaction ns nf expressed that tho ho French court by Its ItH decision against t tho thu Colombian government had made Is H possible for tor the United States to close negotiations with the ln nn 11 Canal CaMI company for tor the transfer of ot JIll its property and mid concessions to this coun COUll country try That no delay of ot an unnecessary na on nature ture Is now flow IIO expected exp was evidenced by b ti ft 1 cablegram read by Knox Informing tho the cabinet that ilIa t a meeting III of ot tho the stockholders of the lie canal anal company huts tuis been hern coiled called for April 23 At that lint time the tho final action will be ho taken by the tho company C In III the transfer muster trans reI of o the lie canal annl property to the tho lie United States When the tho lie legal technicalities have been complied compiled with on the part of oC tho the company to the ur of Day and 1111 Unwell Russell who otto aro III In Tails Pails ns as representatives of the lie guy gov government ov tho lie United States will till bo be In iv a 1 to pay Ilay over Ocr to the lie company the for Cor the th canal property At Atthe Atthe Atthe the sanio sante time will iiII bo be paid pall to the tho republic of ot Panama Of ot the tho treasury amount Is II Ison on oil deposit In lit New York subject to the tho its order of ot See Secy The remaIning will wit bo be paid out of ot the tho cur current rent lOnt funds of ot tho the treasury treasur |