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Hood River, Hood River County, Oregon
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In 1903, French Panama Canal president M. Hutin awaits Colombia's consent for sale negotiations to the US, but engineer M. Bruna Barila, representing some stockholders, offers the concession to the Isthmian Canal Commission without approval, claiming Hutin's ouster despite his re-election.
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Negotiations Without Colombia's Consent Would Forfeit Charter.
NEW YORK, April 3.-A special to the Herald from Washington says:
While M. Hutin, president of the French Panama canal, has been awaiting the participation of Colombia in the negotiations for the sale of the Panama canal to the United States, M. Bruna Barila, formerly an engineer of the company, who says he represents some of the stockholders, has indicated to the Isthmian canal commission that the company is willing to sell its concessions and property.
M. Barila will leave in a few days for France. He has been in Washington for several days. M. Hutin has seen M. Barila, and the two have talked over the situation.
M. Barila has represented to Rear Admiral Walker, president of the Isthmian canal commission, that M. Hutin is to be displaced from the office of president of the French company. It is learned, however, that M. Hutin was advised only a few days ago of his re-election to the presidency, showing that he is to be retained for another year, and that a majority of the stockholders are satisfied with his policy.
M. Hutin has contended that under the terms of the concession held by the company, the grant would be subject to forfeit from the moment negotiations began for its sale, unless such negotiations had the approval of the Colombian government. It was, therefore, impossible for him to submit a proposition for the sale of the concession to the United States as required by the Isthmian canal commission.
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Location
Washington
Event Date
April 3
Story Details
M. Hutin awaits Colombia's participation in Panama Canal sale talks to the US, but M. Barila offers the concession to the Isthmian commission without consent, claiming Hutin's displacement despite his re-election; Hutin insists approval is needed to avoid forfeiture.