Rensselaer Republican, Volume 25, Number 26, Rensselaer, Jasper County, 23 February 1893 — TEE AMERICAN CONTINGENT. [ARTICLE]

TEE AMERICAN CONTINGENT.

Col. Thompson’s Healthy Bank Acoonnt—•s6o,ooo of Panama Money to His ~ Credit at One Time. In the Panama investigation at New York, by the special House committee. Wednesday, JesseSeligman, thecelebrated New York banker, gave some sensational evidence. He testified that the Presidency if the American Panama Canal Company was first offered to Gon. Grant, with a salary of 125,000 during life, but he refused to accept. Col. Thompson was then ap- ... pointed. The organization of the Ameri;an end of the enterprise was necessary to julet the fears of the French people as to ;hc enforcement of the Monroe doctrine Dy this country, the efforts to obtain subscriptions in France having been retarded in that account. The mission of the American committee was to “pacify” all idverso influences against the canal enterprise on this continent. Six million francs were assigned for their use. There was at one time 55C0.000 to the personal iredit of Col. Thompson In witness’ bank. Mr. Seligman promised to produce the oooks showing disposal of this account