Show I THE PANAMA I CANAL Franca and Great Britain Uaderk to complete J UNITED NIA1yS iTILL I lSflEI 10 Join Ilio Alllinc and Iliat Will Ho a Ioltcrful Compact fur 1tacn Nsw Vonic July Iftts special to the Journal and Advertiser Irom WaihioKton says An understanding ties been reached bttneeu Franco and Ureat llrlliln looking lo taocjiiiplellon 01 aDd control con-trol of Ibo 1iinani canal Uermany wits Invited to participate but owing 10 Ibo UrecoTurklsh complications her sent has hen dolyd though II will undoubtedly come In lime Now an effort is being made to learn I Ibo United States will come hi and form a quadruple alll anon for the completion com-pletion and nculrallzillon of the canal Should note au alliance beefleotoj I Would be tile moit powerful for peace the world has ever seen Fourteen hall drsd and aeventyieveu imvj Vessels mount In g 15Jb3 guns and raaaned by 17S035 Summers would attend for the prutectlon the canal under the fligiuf the four great pow era named they would repitlonl a grits merchant marine tonnage 01 I3f8105li nearly turte justices of tile woUd shipping gDloO 071S070 for all the red ol trio Wall J Katliaa Appleton ol Ballon who i bat roprcs nted tug Inlereit of Ibe I Iinama Canal company In Ibe United Sutii ever mines the palm days ol Do ItrBiipti tciravigacoe unithogross o ruploo qf tba coal rug In Ir rU list Just CUd UPI Frttldenl MiKluIty In company with Uocreliry Long who acted as tits intro duce I not his endorser I la not uoderlo04 that Mr Appleton has done lor as yol tu progent a bI1 argument against the feailbllliy of the Nicaragua ciuul Bud lo how the boutAttion t would Come 10 the UolJ Htauiby bavUg the hurt construe lion worn thrown tulo the naoda of American contractor I Ii known tau Inquiries In this direction have been quietly procol for several nionlhi The tremendous work mud wonderful Improvements in I dredging may t brought about by Ibe Chicago I drainage canal which hate opened the kyeaof The directors uf ilia Panama canal to Ibo advantage of a at I oil g American alllauou I It laa part ol the nugf schema lo tMaraiio powerful American interests Ibroogl these contracts 10 such an eXtent that the Nicaragua canal projeol can be thrust aide To scheme 01 the quadruple alll oce bu I 10ceplou In the Wonder fill Uuncl1 brain wblou Lllo 0KI0CJ I no Suez canal deal by which a majjl fly of Its Block mine Into the pones tlou 1 ol Ureat lirluin JIII la the brain Ol tllO house Of IljtliBCUlldl Fur several years magnlficant coup of algal finance baa been matui Ing 1Lo BUCK and bonds In Ibe Issue ma Canal company have beads de poetical to ao law a figure that they ao Lust ty rvpneeut a tangible value In Ibo work AlfeAdy done Upon the canal Tau moil recent pltllualee ol careful anti conservative englueera have Ion tunl the canal lieu now be can pleiud with looks through to Culebra cut at a turn not la exired twenty million mil-lion pouids 100000000 On this a dividend uaiiilug capacity of four per cast aull be predicted on the tro capital and < the Hook In the old company com-pany and the Block at Its jiretent valuation valu-ation provided that the millions taken pou > ion of fraudulently by the canal Compactly coo us recalled fbe actual floauoial participation of tile United rJtatea I lu this new tclitme la not looked lor though would he accepted with pleasure No more will the CJTernmtnt of France Uermany and Oral Britain ue directly < Interested lu a financial war The capitalists of LondonIdrla and Berlin will take all tile new Block wblcn may be leaned leaving thu diplomatic questloua Involved lo b settled by tile four powers represented There U notblbg lu the concession from the Government nf Columbia lo prevent such an arraogemeut which I fact would he welcomed by that government U securing the comple > tlon of the canal with Ibe least I delay Possible Work has bo quietly pro gleaming on the canal particularly lu Ibo nelgUbiriioou of tue Culubra cut for Ibo past year and a ball Home three Ibouod employee are at work and Ibwuol coa plane has bn keptlu excellent cundltlm Sixteen miles of the canal la I complete Oh the east side 0d1 bO polar ban the work boo Vowed 10 deteriorate There be bo dual of clever diplomatic work don 10 WashlogCon during the past year 10 prevent the Nicaragua canal scheme tom being Carried Ihrugo Uongreii MoxlooColombia and calls Rica have been particularly active In their opposition Too dispute over MID D and tub mUUlh of the tao Juan was 0110 01 the obstacles ralaeJ to blook oblaol rlJ pro gross on Ibe Nicaragua project anathe extremely unfavorable report of tile tnxlnerrlnz oonimlsaloa tent by l rrttldenlCleveland bad III weight Nicaragua sent one of her ablest uiplomatt J D JioJrlguer to Washington Wash-ington totoe Ir a treaty could not bv formulated which would assure the active pilllclpallen ol the United States lu the construction of uer tanal It did not take him I loui lo discover that be bd undertaken D hope task and be returned home early In June ulBconriEtd at the prwapeci Tile Uuld States has always been extremely Jealous or anything looking toward European > control of laibmlau treacle The Panama Killnray company pany la I an American Institution chartered and managed in the Uullej Heated altuougu Itesutk la I an cannot of the Panama Canal company While FIND wag plmIUeJ go wecuroo the iiilvllfga of building and operating a canal under a conoiaion tolileuteu AmmdcoAeA ali Napoleon Iho itiirshly ol trio Isihmus 14 1 rilif m i ilnd b two so Coumla and the Uallel Halcr |