| Show OUK OUR AMERICAN PANAMA Tho CommitteeS a Y s thata a auses only lent their names NEWYORK NEW march 11 the congressional e committee iffla attee appointed appoint cil to look out 1 in zi the conduct of laffaira of the panama pacific mail steamship ami and panama pibil road compa I 1 ies fiade their report public today among oilier other things alip committee linds finds that the tile banking 11 cirni trill J ami antl W se seligman lignian confessed to spending franc francs another fi tiding of tin tilts committee i is ii i that the banking house houe above together with avith drexel morgan company and IV winslow laner cont company t i y rece received vez apparently for the loan of tyla e 1 r 1 lame to the enterprise eum sum four hundred thousand thou fand dollars piece or 0 O 00 a veer the knowledge of secretary ex 0 or r the navy Thou thompson ipson the file chairman of the tile commission was created to popularize latiz 0 the canal sheine what influence int luence the report says was secured tile financial public amy pillion of the tile united states by hie tile of these three great banki banking ng houses what indirect credit ami and popularity was civell to the enterprise through it aliu ic numerous corr correspondences and through throughout 0 it tile it iti impossible vos ble to estimate piti mate but bu to deflect that this waa was the object of the tile formation of chii american committee c a committee which testifies te th that it had no regular in meetings of w ell 0 a any i minute were ever kept this fact if iy ay t is ili with th e n e ral coi 1 kiat and inana of ile ic Pa 0 company O py p y 11 ll 9 fit pos possibly bly exola explain why it was compelled 1111 1 to go anio liquid liquidation tion so so as it did your committee cannot refrain from calling nt rit to the obvious reduction from the hewn that it N to tho united states that the tile american people should control some sonic outlet the ali at s ollie point which shall he ased for tile benefit of american anide in beneral as an open and continuous cent ar lording no opportunities fl for or entangling nt a ng lang s subsidies cromp from great competing line lines on oil t the chalice change of ailing into info the thc afrasi grasp of any ally monopoly through nigul P a I 1 |
