Show jis y na j fsr ra spa 31 oa NA L SCHEMED A 11 OEL harte ai NIC AgAWA ANAL 0 A e J pierpont pont I 1 morgan wants to build the panama canal ile ho needs the waterway to complete tile the transportation deals that he has under consideration consid aeration era tion and nd he has made definite offers to pres ident re regarding girding the cutting in two of the isthmus mr air morgan has pointed out that the construction of the nicaragua canal will cost tho the government for or tho first year and annually thereafter for perhaps ten years at As the expenditures of congress have increased enormously mr morgan adorgan has pointed out the bad politics in adding tho the expense of 51 canal project to the cost of 0 running the government jacw r 0 odthe f the tavo canair danma ill a a inn canal length 46 2 miles amount completed estimated is 18 miles amount spent pent cost ot of completion Lomp letlon estimated 12 OW to work began in 1879 work stopped 1889 new company compani formed 1894 capital of new company terminus atlantic coast golon colon pacific coast Par linama saina Nien ragna canal length including nicaragua lake miles to be excavated 27 all wiles e s amount completed none only preliminary work nork at Crey town av work rk begun ISSI W work ork stop 1893 Fati estimated mated cost coit to complete COO to terminus atlantic coast Grey town terminus pacific coast brito J J cT PIERPONT MORGAN |