Rensselaer Semi-Weekly Republican, Volume 34, Number 24, Rensselaer, Jasper County, 22 November 1901 — NEW TREATY SIGNED. [ARTICLE+ILLUSTRATION]

NEW TREATY SIGNED.

NICARAGUA PACT APPROVED BY HAY AND PAUNCEFOTE. Isthmian Waterway Will Be Built and Controlled by Uncle Sam—No Blockade or Attack in Time of War—Text of Agreement in Part. The new Hay-Pauncefote treaty was signed Monday at Washington by Secretary Hay for the United States and Lord

Pauncefote, the British ambassador, for Great Britain. A copy of the new Nicaragua canal treaty was shown to a correspondent in London by a high official of the foreign office. Some of its provisions are as follows: "It is agreed that the canal maybe constructed under the auspices of the gov-

ernment of the United States, either directly at its own cost or by gift or loan of money to individuals or corporations, or through subscription to or purchase of stock or shares, and that, subject to the provisions of the present convention, the said government shall ha ,e and enjoy all the rights incident to such construction, as well as the exclusive right of providing for the regulation and management of the canal.” Other clauses are: “1. The canal shall be free and open to the vessels of commerce and of war of all nations, observing these rules on terms of entire equality, so that there shall be no discrimination against any such nation or its citizens or subjects in respect of the conditions or charges of traffic, or otherwise. ■'2. The canal shall never be blockaded, nor shall any right of war be exercised nor any act of hostility be committed within it. “3. Vessels of war of a belligerent shall not revictual nor take any stores in the canal except so far as may be strictly necessary; and the transit of such vessels through the canal shall be effected with the least possible delay, in accordance with the regulations in force, and with only such Intermission as may result from the necessities of the service. I’rftes shall be in all respects subject to the same rules as vessels of war of the belligerents. “4. No belligerent shall embark or disembark troops, munitions of war, or warlike materials in the canal except Ln ease of accidental hindrance of the transit, and in such case the transit shall be resumed wlkh all possible dispatch. “5. The provisions of this article shall apply to waters adjacent to the canal, within three marine miles of-either end. Vessels of war of a belligerent shall not remain in

such waters longer than twenty-four hours at any one time except In case of distress, and In such case shall depart as soon as possible; but a vessel of war of one belligerent shall not depart within twenty-four hours from the departure of a vessel of war of the other belligerent. "<■>. The plant, establishments, buildings, and all works necessary to the construction, maintenance and operation of the canal shall be deemed to be part thereof, for the purposes of this convention, and In time of war, as in time of peace, shall enjoy complete Immunity from attack or injury by belligerents and from nets calculated to impair their usefulness as part of the canal.”

SIR JULIAN PAUNCE. FOTE.

SECRETARY HAY.