BIG CANAL PROJECT
CUT TO RUN PARALLEL WITH PANAMA AMERICAN SENATE PASSES SURVEY VOTE (United Press Association.—By Electric Telegraph.—Copyright.) (Australian Presa Association.) (Rec. February 26, 8.30 p.m.) Washington, February 25. The Senate passed a resolution favouring the appropriation of 150,000 dollars for surveying the proposed inter-oceanic canal through Nicaragua.
In March of last year Senator McKellar introduced a Bill for the immediate construction of a Nicaraguan canal to run parallel with the Panama Canal, and be financed by two 200,000,000-dollar thirty-year 3 per cent. Government bonds. He said a Nicaraguan canal would be a paying Investment, and would restore American prestige in Nicaragua by turning bandits into labourers. He asked for ten million dollars appropriation for survey.
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Dominion, Volume 22, Issue 131, 27 February 1929, Page 11
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117BIG CANAL PROJECT Dominion, Volume 22, Issue 131, 27 February 1929, Page 11
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