Show SITY OF OP T THE TEE No great material work which remains to be undertaken on en this eon con continent is i of such consequence conce to t the hc American people as aR the building of A canal across the isthmus connecting North and South America Its import importance importance ance to the nation is by no n rr an ans I t lim urn limited limIted merely to its material effects uj u our ur business s prosperity and yet wit 1 view to these effects alone it would te Le teto Leto e eto to the last degree important for us im lii immediately Immediately mediately to begin it While Its ben 1 effects would perhaps be mot marked upon the Pacific coast and aad th the Gulf an and ad l South Atlantic states stR it u would iso also I SO benefit ben other ot er sec see sections tion tio It is emphatically a work which it ii is 48 J far r rth the interest or f the entire coun country n try to begin and complete as soon ai Ii a possible it is ill ORe one of thise great reat woi work ki only ODly a great at nation can und i taT lit with prospects of success and wll done dOM are not only perma permanent nent neat assets in the nations material in but standing monuments to its constructive ability I am sin glad to be able to announce to you 7 that our negotiations on this sub Silt I t with Great Britain conducted 4 on both boUt sides in a spirit of v I and aad mutual good will and respect h hive n e m mY nty being able to lay the th senate a treaty which if K ratified will enable us to begin preparations foran l for rin an Isthmian J canal at any time and which guarantees s to this nation every right rigIs that it has bas ever asked a ed in conner connection tion lion with the canal In this treaty tr atY the theold theold theold old Clay treaty so long Ion ret O a as inadequate to supply the thebe be for foJ the construction and main maln maintenance maintenance of a necessarily American ih ship hT T canal c is abrogated It specifically j r vId that the United States alone shall do the work of f building and assume the responsibility of o safeguarding the th canal and shall regulate its neutral use by bv byall byall all nations on terms of equality without the guaranty or interference of any outside nation from any quarter The treaty will wilt at once be laid be f for fer the senate and if It approved the congress can then proceed to give ef effect f fIet feet Iet to the advantages it secures secure us by bv providing for the building of the canal |