THE NICARAGUA CANAL.
London, June 9. The company which was formed for the construction of a canal across the Isthmus of Nicaragua, and which despatched a pioneer expedition to commence operations, have begun work at one end.
On the Ist December, 1884, it was announced in President Arthur’s message to Congress that a treaty had been signed between the Government of the United States and that of the Republic of Nicaragua, in Central America, for tho construction of a ship canal through the latter country as a connecting link between the Atlantic and Pacific Oceans. Nicaragua is one of the five confederated republics, and is situated south of Guatemala and north of Panama, on ths isthmus which connects North and South America. According to this treaty the waterway was to be made by the engineers of the United States Army from the plans of Mr A. G. Menscal, of the United States Navy. The cost of the work was calculated at fifty or sixty million dollars, and the company was formed with a capital of 100,000,009 dollars.
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Gisborne Standard and Cook County Gazette, Volume III, Issue 310, 11 June 1889, Page 2
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177THE NICARAGUA CANAL. Gisborne Standard and Cook County Gazette, Volume III, Issue 310, 11 June 1889, Page 2
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