Show NICARAGUA CANAL DIRECTORS meet to devise plans by which they may raise money to enable them to resume work NEW anly 14 the board of d directors free tore of the N Nic ic aragno canal company had a meeting today to hear plans and arid devise means to raise money general manager mana g er ta alor presented a plan among the tile feature 3 of abich was to is issue among an and market of bonds estinia te d cost of the canal to be fixed at aa an present prices and methods a allow ll 11 ow the difference between the newly e estimated s tim A terl cost and bond bonds to ae used for the payment of interest int erett during construction an active propaganda prop aRanda to be established lish at all over the country t as is a preliminary mInar y to placing the bonds on ti the a market it the I 1 money to be obtained from front the first subscriptions a script ions to be at once employed in active work on the line of the canal if the amount odthe of the first suli is putts factory bonds to be offered at 05 95 if unsatisfactory at the amount of bonds sold in the second three months should not be less than ten nor than twenty millions the comil committee littee will consider the plan further |