Show Canal Conditions New York 7Tbo special American committee navies the Panama canal subscription in charge for this country lay there a clause in their contract with tho canal company according to which they are empowered to represent the interests in-terests of the company in the United States in all that concerns the observance of neutrality by the canal as defined by article five ofth grant of the Republic of Colombia and this committee made it a special condition that all that refers to said clause should ba strictly observed and that such terms for the use of the canal should be established as would prevent pre-vent discrimination against American shipping Ibis committee also provided that all disbursements for construction during the pendercy of the works on the canal should be made through them for the benefit of American producers and manufacturers Subscription books of the Universal Company for tho construction jut the interoceanic canal through the Isthmus of Panama were opened today at the office of Drexel Morgan Co and VinslW Lanier Co Subscriptions were reported coming in rapidly but for the most part in snall Amounts At the offio of Seligman Co it was said abut three pages in their books had been filld f soon after noon Pari ExQueen Isabella hss ordered or-dered her bankers to invest largely in Panama canal share The German ambassador am-bassador congratulates DoLesstpa on the financial sUcces of the enterprise |