OCR Text |
Show British say Pll CfflLJS FAILURE By International News Service. MONTREAL, Quebec, .luly 7. The Financial Times today states that it has received privato information from London Lon-don to the effect that engineering circles of Great Britain are convinced that tho Panama canal is doomed. An admisaiou of this by the ITnited States government cannot bo do laved many months, it is stated. "Wo are informed," says the newspaper, news-paper, "that American emissaries have been in Groat Britain for the last two months, enileavoring to secure the British Brit-ish engineering data on the allcrnativo plan known as the Nicaragua route. "It will bo rememhered that a strong body of engineers fought tho Panama project in favor of Niearngna. "Now it is claimed the Panama canal is doomed after the expenditure of about :100,UOO,000. The trouble is in the eleven-milo long Ctilobra cut, and it lias been demonstrated that after the so-called so-called landslide the dredging operations are actually taking out more earth than was displaced by the landslide. In other words, the trouble is not duo to the landslides themselves, but due to tho fact that the Culebra cut is je gigantic, bng and tho more dredging there is done the more there is to do. "The canal has been closed for seven months. It should have been reopened in February, but estimates now are that it will not bo opened until the full." |