Show I FOR F OR NICARAGUA Id ROUTE WE Senate S Committee Presents Re Report port on Canal Bill Bin 4 A S TO CONTROL 4 STRONG TRONG S OPPOSITION AGAINST Gr VIA PANAMA PANA 4 Figures F Are Cited to Show it Would post Cost ost Prompt Action is Urged ed Settlement Should Be made With Nicaragua Before Dealing With Other Powers Washington May 16 The senate committee ommittee C on canals to today today toay day d ay through its chairman Senator Morgan M organ presented its written report on o n the Nicaragua bill The report in includes include ludes clude e the statements of Admiral Wal Val Waler ker k er and other members of the commis commission commission sion lon s appointed app to investigate the vari various various van vanus ous o us routes route and also the conclusion of the he t committee with reference ference r to both the he t Nicaragua and the Panama routes The committee takes strong position against a the proposition to build the canal anal c via the Panama route paying for f or the work already done by the French rench F On the general question of the con construction construction s of a canal the committee takes akes t the position that whatever canal canalis canals is I s constructed Its ownership must be American merican A and that delay may be fatal fatalo to t o the success of the enterprise The committee therefore announces its i ts conclusion to be that congress should hould s provide means and authority for f or constructing a canal by the t e augua a ad route and leave it to the dent d ent to deal with any questions of a diplomatic d sort that may be raised rais d by other ther o nations in the progress ss of the work After the bill becomes a lawit law lawit lawt it I t is declared our first duty to agree with Nicaragua as to terms leaving to t o the future all dealings with other powers p as to the privileges they shall enjoy e in the canal Regarding garding R the Panama route the declaration d is made that the Panama company c is practically without assets except e those included in the Panama railroad r They say they have assets that a committee ommittee c of experts has valued at says the report They make no offer or suggestion a ad to what they hey t would take for it The lowest sum s um at which they estimate the cost of o f completing their canal is So that in entering that combine we would go In on the basis of or for f or the completed canal on the plan of o f three levels if that plan is adopted against which is the high highest highest est e st estimate any engineer has placed on O IL the Nicaragua canal The difference differences Is I s In favor of Nicaragua |