Show bill JAO 15 the bill pledging the faith of the united states to do tha construction of he nicaragua canal passed the senate tonight toni by the decisive deci eive vosa of 3 to 21 it wa the termination of a dabate which has lasted bince the present session of con etela bead it wan moreover the first realization in either branch of con ereah of ane vast project eo lons and vigorously urged for a canal joining the Al and pacific with the united slates etan dinK sponsor for tha of iha work ahn final vole wae not secured until tonight but the letb ness of the hour there waa an exceptionally tio nally fall senate owing to the interest felt in the culmination of the lone the nicaragua ministers and many other diplomats interested in project had seats in the diplomatic ais leriel throughout the voting on the many ami and the anal baes tion in brief directs the issue of of nicaragua canal bonds each of thesa ia tu bear ane following guarantee the united of america auar enteen to the lawful holder of this bond the payment by the maritime canal company of nicaragua of the principal of said bonds and the interest accruing thereon a it accrues an additional of bonds is to be issued the united states guarantee the total one hundred millions issued is to be ased in constructing ting the inter oceania canal the secretary of the treasury is to have is to have general of the project A board ot 15 director is to hive immediate charge of the work tie board ia to lesie nae ten members n more than from any one state rhe united states ia to receive 70 of the canal company block iu return for the bonda nd it to hold a mortgage lian on all tue property of the canal company como any |