Show A NEW SHIP CANAL ONE om of the most dano dangerous longe rons erous of sea routes is the passage around the fiora florida peninsula from the gulf to the atlantic t it is estimated that the loss to shipping during the last ten years on that route of hidden rocks and many mishaps has been no less than this has naturally caused the question to arise cannot something be done to avoid these dangers or lessen the fatalities which so often occur the answer has come to the query it is build a canal and so escape the risk ask of a voyage around the rocky coast the success of the suez north sea and holland ship canals which all pay good dividends upon the investment add all answer tile the purpose designed prompts the undertaking of other enterprises of a similar character the trade frade around this dangerous route is increasing constantly and the necessity of speedy action is recognized A route has been surveyed which would shorten the trip new orleans to north atlantic and european ports a distance of 80 miles and avoid the perils of the florida peninsula it is U up the st johns river to doctors la lake thence by bv a canal to fort fanning then down the suanne river to the gulf total miles with a cut of only 67 miles to be made the advantages to be gained far outstrip in importance the probable cost of the undertaking it will open a large traffic with all alf european ports from thu the mississippi valley and will aid in placing american grain upon the british markets almost to the exclusion of the american trade the merchants of the empire of the czar nave have heard of tile the project and have become alarmed and a report of russian engineers has been made to the effect that tue toe cost of transport of grain from the mississippi valley to europe will be diminished more than 50 per cent that it will render the united states the ab absolute Von controller of the prices of grain in the british markets iliac russia will be utterly unable to compete with her and that on its completion the united states will drive russian grain out of the markets of western europe 11 of course this canal if constructed construct eds must be built chiefly with american capital no foreign country must oe be allowed to get control directly or indirectly 01 so important a scheme british capitalists are ready with money for the undertaking and randsome some in moneyed men of new york are understood to be willing to endorse the enterprise it will oe de of great commercial advantage to this country and be the means of saving much property and many precious lives the canal ou ought ht to be built |