| Show NEW AND BIGGER ESTI ESTIMATES ESTIMATES ESTIMATES MATES FOR PANAMA CANAL Washington Jan Jao 10 of at conditions from those existing in lUuS when the ti minority ot at time the tle board bOCI of ot consulting engineers of or the Panama llna canal Its Is report U IL I is now admitted hi tn responsible quarters that the time estimate made Hindu by that report tor I building the canal was waa a far tar too low and the cost may approximate J This Includes various vailous Incidental Items Homs such luch as an II administration sanitation and ammI andI BU BUI I I improvements several mil millions lions lons ot of dollars In aunt and Colon which however will vili wil bo be refunded refund by ly bythe 1 the Panama government and amid the ex ox expenses of or the tha zone government and va various rious lous expenses Incidental to tho the reloca I ton und and acquisition of the Panama i The Tue estimate of 01 the tho board In lii was wu that the cost of ot the canal cann would bo be but this estimate did dil not Include expenses on account of at Interest during during construction r sanitation und and zone Last spring time the present commission made II e some soma general gon ml estimates of tho the probable cost of the work vork which re ro resulted 1 suited Hule in lri placing It anywhere between and luul 11 but tho the themore more conservative members believed the thu lower figures would prove ultimate ultimately ly Iy correct Since Sinco that time sortie of ot tho time commissioners have found that a I con considerable saving can be he made flom the tho lower estimate e which warrants them In Iii placing a 0 estimated cost coat at nearer than then u me higher fIgure Van Vari Various otis ous OiS reasons mime aio 0 assigned tom for time the In Increased increased creased cost including wider and long longer er r locks than those tho e proposed by b time the board of engineers a II greater gr quantity of ot excavation tItan than that estimated by bytho b tho thai board bon rd nn an Increase in unit prices unit und higher for or labor than those linac thought adequate a by the time board That board estimated tho thin locks locke would cost east costless costless less than while the tho present commission cOn missIon thinks It II will wi be between 55 and with a still greater increase of o 1 per pel cent If tho the locks loces are further widened as isis W proposed I by h tho time navy novy department |
