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Show Total Cost op the Mont Cenis Tunnel. Tho total expenses of the Mont Cenis tunnel amount to $G5,000,-000 $G5,000,-000 fr.; of these 20,000,000 ir. arc to be contributed by tho Victor Emanuel railway or railway of northern Italy. ; This sum is to be paid on or before the i opening of the tunnel. The French i govornmcnt was'to pay 19,000,000 fr., ; if reckoning l'rom 1802. But if the work was accomplished at an earlier dale, Franco bound herself to pay $500,000 fr. more for every year gained ! upon the stipulated time. As there have bceu cloven years thus gained, . Franca will have to pay 5,000,000 fr. J besides the 20,000,000 fr. of iho original stipulation. She has, besides, to pay 5 per cent, intorost on the money due for the work as it proceeded from year to year. Thus Italy will pay something less than 20,000,0.00 fr. Had tho construction of tho tunnel continued beyond the stipulated term of twenty years, Italy would havo lost 500,000 fr. for every year in excess of that period. |