National Affairs: Canals

Last week President Coolidge talked and thought canals. Senator Walter E. Edge of New Jersey, Chairman of the Interoceanic Canals Committee of the Senate had, among others, recently looked inquisitively into the waters of the Panama Canal; he talked persuasively to the President, of the need for a Nicaragua canal, to cost between $500,000,000 and $1,000,000,000. As an economical alternative, he suggested a new $125,000,000 lock for the Panama Canal.* The President, it was reported, would think about it. Meanwhile, the Navy demonstrated to their own satisfaction, once more, the vulnerability of the...