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Show PROP03AL8 TO BUILD CANAL Lowest Bidders Would Make $9,450,. 000 If Awarded the Contract Washington. Tho proposals openod by tho canal commission? for tho en-tiro en-tiro construction of tho Panama canal wcro as low as had boon expected by experts on construction work. For somo time It has been known that several members of tho commission Jjctlovod 7 per cent on tho estimated cost of construction would bo a fair remuneration tor a contractor undor tho form prepared by tho commission. Tho lowest proposal, that of William J. Oliver of Knoxvlllo, Tcnn., and Anson An-son M. Hangs of New York City, who offorod to do the work for 0.75 per cent on tho estimated cost, is lower than hnd been expected. Grantliig Hint tho cstlmato of 140,-ooO.OOO 140,-ooO.OOO for tho construction of tho canal, which has been frequently spoken spok-en of In congress, Is nccurato, tho re-; re-; numeration of the Ollvor-Dangs combination com-bination would bo $9,4CO,000 In case It was to be awarded tho contract. Much discussion ban beesv causod by tho groat dlrtoroncc In tlsVonly four 0.76 to 28 per centr v-1 |