TREATY OF NICARAGUA
WASHINGTON, June 18,
The Foreign Delegations Committee, when considering the Treaty of Nicaragua, whereby the United States will receive interoceanic canal rights and also naval bases in exchange for a cash payment, learned through Mr Bryan that American financiers held a controlling interest in the Nicaraguan Railway and the Nicaraguan National Bank.
Senator Smith, of Michigan, declared that a political intrigue that American bankers had instigated had placed the present Nicaraguan Government in their power.
The Foreign Relations Committee ordered a full investigation of-the circumstances whereby financiers gained control of the Nicaraguan railways and banks.
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Otago Witness, Issue 3145, 24 June 1914, Page 27
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98TREATY OF NICARAGUA Otago Witness, Issue 3145, 24 June 1914, Page 27
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