Show THE CANAL taic route preferred to the canami mr A bianchet the original projector of the nicaraguan canal on the plan of extending the level of the lake of nicaragua to the closest proximity of the atlantic and pacific ocen arrived in this city yesterday mr bianchet is nn eminent avil and bar just returned from nicaragua with engineer menocal ue has devoted the past fifteen years to the stuby of an inter oceanic canal through cen aral america being called apon by a reporter to day mr bianchet said regarding the that he bad i paid three visits to nicaragua ngua and in march 1879 he obtained in the interest of an influential french company a concesion conces ion from the nicaraguan which failed of confirmation by the senate having recently returned to central america the prolonged interest lie has taken in the aanal panal him special popularity in connection with matters pertaining to the projects lie in co operation with mono cal approached the government and the result was the framing of ft concession to menocal or the american company which be represented mr Blanc bit deemed it important for the corn fabe great work to obtain a fusion being acquiesced in by mr menocal the result was that a complete understanding favorable to the enterprise was arrived at rence banchet is now here to confer with admiral ammen engineer menocal and others with A view to arranging details for big effectual co in europeans Europe and ho expect to represent european in any organization that may be consummated mr blan diet 19 in direct opposition to the plane BO urgently favored by count DuLee 11 considers the panama project impossible owing to its immense cost and iho deadly chars acter of aba wark digging in ono ol 01 abo most unhealthy swamps ip tho world and sacrificing thousands of workmen to the ravages of fever ie does not admit the practicability of the canal in view of anything like reasonable profit supposing it pi ac ti cable aft ha outlay at at outside a or per an num tho canal mr blan diet saya not feol more than under the present arrangement ran gement ind tho revenue will be equi illy as larne as if m panama iio thinks that it will take about five years to build the canal under the arrangement but it wilt bo through an exceedingly healthy country ond under ahe lu fluence of the trade wind which aro so strong on nicaragua Nic arague latke M to render it m iw the britch CL anhel in point or economy time mr blan chat considers con tha nicaragua route much than thai yia panama and instances as follows going to new york from san francisco there is days for any steam er jn transit irAn sit find always in the trade IQ reach only abo elev anth degree north latitude whereas alto panama cana is entered on alie ninth degree and tho to south entering iho pacific below iha degree rottie calm belt Is touched which render it for sailing aal retard their mr bianchet expects to return to europe about the ord r to interest bis friends and raise the carit dl needed for tho which tho american of the scheme have undertaken to or canizo immediate surveys willbe mado for tho execution of tho complete plana of the work and mr bianchet expects to return to central A in the fall he is quite confident that none but tho gunn canal will be completed lie anticipates that count delesseps may begic vors in panama but he is quite certain that it will never be completed tho competent au in france mr atan chat aay favor the roulo aul eliat fact be considers wilt bi a great obstacle n abo way when it is attempted to raise capital for the delesseps DeLes sepa scheme the fun between the two canala SQ far ux ho system of working is concerned s that the pananis canal would not require the construction of locks whereas the nicaraguan will require a number but the for together with other is condition it is considered render the latter alone feasible |