Rensselaer Journal, Volume 10, Number 49, Rensselaer, Jasper County, 16 May 1901 — Panama Canal for Sale to Us. [ARTICLE]

Panama Canal for Sale to Us.

It is reported from Washington that President Hutin of the Panama Canal company has made a formal tender of the canal, with all rights and concessions, to this government unincumbered by any provisions for joint ownership. Heretofore all propositions for the transfer of the Panama canal contemplated making this government a large stockholder in the enterprise without giving it actual sovereignty over the water way, which, of course, could not be seriously entertained by Congress. It is now reported. however, that the government of Colombia, through its* minister at Washington, has offered to permit the Panama company to transfer its rights to the United States, which leaves the way open for- a direct bona fide sale of aJ’ property and rights.