Show objections TO DB LESSEPS at it jut value he importance of a rapid transit acro ahe american be it by panama diute urani nicaragua canal or etula peo hap railway we have given not albue space lo 10 the various M evolved hem timo to we an leave to the judgment of our readers abe tol lowing objection the panama route risca by eads in an interview with an inter ocean re when we consider our own nailing from new york or new orleans to or aorl land oregon must about netiea around ape horn a ot only twelve hundred miles becs not beem very marked but tho route will strike os ten tUo nand milea of nd oay hea mine hipa only about conr thousand milea of distance to if now done the proposition to cliance uch route aorl 00 milea loeper by ahe way of tho nicaragua would be looked upon 01 for thi locorea lo crea the distance nearly one third abe panama U one proposed po posed aloft wholly in the of europe while the i by it our commerce from the atlantic to abe pacific baase through the unit which u wholly it ia safer from storms than tho Jarr ibea fand in cao or war it would be more completely under our control the nicaraguan route aide from baking a route one third longer from youth of the mississippi to san francisco requires that a portion of taft distance bu be made through the caraba m sea the distance lehmus nicaragua is also considerably greater than acroca the isthmus of being 11 miles to miles A ship railway would virtually be an extension of the the mexican isthmus tor it would give the rand as freean outlet for bui immense products into the pacific ocean as it haa today to day through the of florida into the atlantic II 11 would give th commerce of the valley the choice if not the command of iho market of the world atwould complete our chiat line and give a degree of security against war and a unification of interests inte reits between our atlantic and pacific states find give a value to ippi whick no aerie of ordinary may hereafter bo con fed acroca the continent could accomplish no inter arnil lor ships could be permitted across any part of the american isthmus which is not under the control of the united statha no statesman u wife enough to foretell the wonderful changes which will be wrought by such a radical alteration in the of atie world as such branit across the isthma will create the pro of delesseps DeLea i of course a rival one two line of ship it across the isthmus cannot be made a plying business and this generation enli not be likely to witness he establishment of two rival routes it lor ocean vessels I have neer felt the slightest anxiety as to the rivalry of the delesseps DeLe seeps scheme for the reabon that it will require ao many years to carry and it will involve expenditure ol 01 such an enormous amoust of money even if permitted lo 10 proceed with the sanction of the united state the estimated coit of the canal made by distinguished engineers who accompanied compa nied him to panama last year was the subscribers to are promised a return of five per cent during con gt ruction of abe canal that U they are to receive bick b ick five collars annu ally ou each hundred of the money ahey pay in and CO million i the amount of the capital subscribed bence if it were to con net the canal in ten years there would be paid back to the subscribers bers fifty per cent of the money paid in or of the leaving to go into the of the canal and more to be provided for at the end of ten years and for the re of sup bising it could be built at the coat ei by the engineers to say the least of it this is a remarkable financial schema for a work which bouat involve from 15 years to 20 years in its construction A ship railway with ais harbors can be constructed ted if no delays occur from want of money within years from the time work is commenced |