Word: cxxxiv
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...Nicaragua Canal is practicable. - (a) The physical conditions are favorable; Journal Franklin Institute, CXXXIV. 12; President Grant in North Am. Review, CXXXII, 1+++7. - (b) The cost will not be excessive: J. F. I. CXXXIX...
...THWAITS and J. D. UPTON.Best general references: Journal of the Franklin Institute, CXXXIV, 1,120; John Sherman, Forum XI, 1; Overland Monthly, XIX, 215 (Mar. 1892), Forum, XII, 714, 721; Tucker's Monroe Doctrine; Rodrigues' Panama Canal, 173-240; Foreign Relations of U. S. for 1874, p. 178; Proceedings of the Nicaragua Canal Convention...
...Such a canal would be of national importance and hence should be a national undertaking. - (a) Political advantages. - (1) The canal would unite more closely our Pacific and Atlantic coasts. - (2) It would furnish a strategic point for naval operations: J. F. I. CXXXIV, 128. - (b) Commercial advantages. - (1) It would develop the Pacific coast. - (2) It would stimulate our commerce by opening new markets in South America and Japan; Warner Miller, Forum XII 714; Judge Estee in "Proceedings of Nicaragua Canal Convention...
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