| Show ABOUT Till BIG CANAL Nicaragua Commission Gives Some Interesting Interest-ing Data EXPENSE OF CANAL CONSTRUCTION 11tlht 110 Cost Atilt Net be Anything Any-thing LIke on Ut ut nut 1ro1 Out New York Jan 6Thn Herald car sepondent with the Nlcatnguan Canal commission advises tinder date ot Mn signal January IS this canal company Cabled to Washington two lays ago The canal of Nicaragua Is inactlcablu l for lees than three quarters the art gliall 1 estimate Four and n halt ot eta and et-a hair years aic required to bulk I lour thousand eight hundred la bolers are nedd 10 continence 1ork These should be dlUded I Into four < groups J200 between nits San Juanand Castillo 1800 between Corlnto ami idamointoniba and 800 In Managua This number of men should be doubled Nvithin six months This was received by the commission In reply A com pony In Ohio and Now York has been duly formed to engage men from Iuto Uarrlos Jamacla Vellza billi I Nicaragua The Hernld3 correspondent adiH hat each of the thirteen engineers with the commission represents a big syndicate syn-dicate eueh one IlghtlNg to get the con tract but the Ohio and Now York illllunalres have secured It The Chleago contraeLors and call nears r satisfied with the facllltlct for work in the western division These ate beyond their expectations The party leaves for Ichoa on January 23 The Washington correspondent of the lerald says that the above cablegram In I Interpreted there to mean that the Maritime Canal company antlclpatln n favorable rupott from the WI commlHBlon to the feasibility ot tit project and bt subsequent favorable ncloln by Congress hB mn oil the bOund pripared to begin the work tit onc according to the term ot Us concession from the Nicaraguan Nicar-aguan government the canal was to hate been completed next fall other wise the concession would be rorle micas the company h1 expended 1 large sum of money In the prosecution of the work In fact It Is the content conten-t Ion of the Nicaraguan government that the concession tins already been forfeited but this contention Is not nc cepted by either the company or the < administration The preliminary report which the commission will make I be submitted to Congress with a view to getting favorable action without delay de-lay upon the bill giving governmental support to the project I has been I anticipated that the report would be favorable both as regards the feast Jollity and cost of the canal The estimate esti-mate made by Civil Engineer A O MonocaJ for the company In 1835 for the construction of a canal following the Tola basin line puts the coat or work at JCMCO 880 and a Send calf mate th canal to follow t low level line fixed the cost at ICg S93 600 The Iu < low commission estimated that 1 canal built along the low level line would cost 1133472813 I the Walker commission estimated that the cost would lie thretourth or Mr Monocals original estimate JCC < Gfi SSO then It fixes the figure at 149 4 sii uo Experts especially the friends of the members ot the Lu < low commission Pay the estimate made by the Walker Commission is I extremely low hllr sorneuhat less than onethird of lln Palmate made by the Ludlowcommls stun |
