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Fort Worth Daily Gazette
Fort Worth, Tarrant County, Texas
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In Washington, D.C., estimates for the Nicaragua Canal's cost vary from $65,722,000 (Menocal) to $140,000,000 (Maj. McFarland, 1874 report recently published). Government suppressed McFarland's report. Current costs may exceed $200,000,000 due to wages. Treaty provision allegedly benefits Menocal's syndicate; he led recent surveying party.
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WASHINGTON, D. C., Jan. 11.—One element which is entering into the consideration of the Nicaragua treaty is the cost of the canal. The estimates of government officers vary from $65,722,000 by Menocal, the naval officer, to $140,000,000 by Maj. McFarland of the army engineers. The latter's report was made in 1874, and was not published until recently. The two estimates as to the cost are based upon the same survey. The curious fact is, however, that the government published the report of Menocal and suppressed that of McFarland. It is claimed that the cost of the canal, in view of the increased rate of wages, would exceed $200,000,000. It is claimed that one obscure provision of the treaty provides for the payment of a syndicate in which Menocal has an interest of a considerable sum. If this is true, it is evident that the cause of the treaty would have been better served if the government had dispatched some other officer to Nicaragua at the present time than Menocal, who left about two weeks ago in charge of the surveying party.
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Domestic News Details
Primary Location
Washington, D. C.
Event Date
Jan. 11.
Key Persons
Event Details
Estimates for Nicaragua Canal cost vary from $65,722,000 by Menocal to $140,000,000 by Maj. McFarland based on same survey; McFarland's 1874 report suppressed until recently. Current cost claimed to exceed $200,000,000 due to wages. Treaty provision allegedly pays syndicate with Menocal's interest; Menocal led surveying party to Nicaragua two weeks ago.