THIS PANA MA CANAL
News from the lathmas Is to the effeot that a pi liable state of affairs oxlsts In Panama. Ihe etoppage of work on the oanal had oaased many meroantlle houses to foil and solrent houses to close business and leave for other places. The directors of tbe oanal have ordered work to be oontinned on some portions of the oat, bat this Is only for the purpose of preventing the charge of abandonment peril* ling tfce title to the property, which has already Buffered from depredation. The oanal is dead, and only waiting for a purohaier. No oommeroe Is being carried on. Negroes along the line of the canal works are dying of starvation, and tbe men have been giving balf-a-day's work for a Deal. Others, to get food, steal bananas at night, ruanlng the risk of being shot. On the 18th April the British Oonsal distributed bread among them. They had not the mean* to pay their rail-
road (are to Qolov.
A letter published In Colon, April 20, by President Nantz, U. 5.0., Is regarded as tbe death blow of Frenoh eohemes re-
girding the Panama Oaoal > It being a strong deo'aratlon In favor of the Monroe Dootrlne. It la bow certain tbe oanal can never be completed by De 'Leaseps' FreDoh Oompany. The concession expires In 1892, and the Colombian Government will not grant an extension. The Government, and people on tbe Isthmus are •oxlous that tbe United States complete the work. The liquidators of the oompany made an unßUcaeisfal attempt to
borrow 3.000,000 dolhrs In London on April 21, for nooeisary expenees, and the maintenance of tbe oanal works. The f»lloro Implies tbe abandonment and iqlo of the miphlotrr q( Ihj o»n»l, i
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