The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1852-06-02

-
rhs Iassrseeanic Canal shxSSgh Nicaragua.
II now sppears that very little further delay will
occur in the carrying out Of this grand project
certainly the greatest undertaking Of either ancient
Or modern times, when its future results are con-
sidered. The prospect Of q commercial intercourse
with the eastern shores Of Asia, and the growing
Importance Of the Pacific coast, the gold fields Of
Australia--we may, perhaps, say Of the Pacific
all combine to render h canal . matter OF actual
necessity to the commercial nations Of both the
Old and New Worlds; and the present is the time
for it's commencement and speedy consummation
We are glad, therefore, to reflect that the preli-
mnary arrangements, 30 far regards treaties with
foreign powers and agreements with capitalists,
have been entered into, and that the almost only
remaining step is the obtainment Of contracts for
the mechanical execution of the work. Commis-
sioners about to proceed to London to conusm-
mate the arrangements with the capitalists there
who have agreed to undertake the matter in con-
junction with capitalists; and no doubt. upon
their return, the work will be begun in right good
earnest and the completed much greater
win be the advantages to all parties as the present
and future aspect of commercial affairs in the neigh
borhood testify There must be unnecessary delay.
Valuable as California is, we shall thereby greatly
enhance it; and what with our future commercial
relations with JAPAN Australia, and the islands OF
the Pacific, shall arrive at high pitch OF pros
perity. To reap share Of the profits arising from
more facie European route to the East Indies, and
to keep pace with in grasping the most valuable
portion Of the commerce Of the world is undoubtedly
the interest of EurOpe-especially of England; and
hapc fha tinna md via her mar
sst in what she prevent, and to keep herself
on level with the vast and continually increasing
power Of the United States.
The difficulties to be encountered, and the amount
Of capital to be invested sink into nothingness when
compared with the universal and eternal-that is,
as long as the world disadvantages to be
gained. If nature, in one of her freaks, has left
little slip Of land, some fifteen sixteen miles in
breadth, connectng.tw great continents, and q
barrier to important navigation, she appears to
have been destined to keep pace with the growing
requirements of the age, by the little resistance she
has offered to the completion Of this project. The
River San Juan and the Lake Of Nicaragua are in
close contiguty-part of the former requiring but
little deepening; and the strip of land offering no
higher grade than of forty feet, with but little
or rocky soil to encounter, weuld appear to
have invited that progression of universal inter-
course of which America was destined to be
the medium The undertaking affects the COM
merce, not Of one or two countries, but that
of the world, the most valuable and glitter
ing portion Of which, we have been Just taught,
has yet to be opened and developed. The amount
of capital required is most insignificant, when COM
pared with what has been expended in railways in
the United States and England, and other means of
international transit, and from which no one denie.
that we have derived more than corresponding
amount of benefit.
1t will be remembered that Mr.. Vanderbilt, some
eighteen months since, made arrangements with
English capitalists, and also on behalf of those in
the United States by whose combination thirty
millions of dollars agreed to be raised--a sum
much larger than it has since been conceived will
be required-and it was contemplated that in
four years the canal would be completed; and
all parties concurred that at moderate tolls div-
dend often per cent would be realized and much as
the Of the work under that sum- of course so
much the greater would be the profits to be realized
Mr.. Childs has stated that the cost will be from
sixteen to twenty millions of dollars; and there is
no doubt Int that the stock will rise rapidly in the
market, and soon commando high premium. He also
states that the difficulties of construction at that
time were much everratcd; that he has discovered
more advantageous route for the canal, and that,
instead of elevation Of four hundred and eighty
feet there is only of fortyeight feet and
that the greater part Of the river San Juan is
navigable.
Equitable arrangements have been made between
the American and English stockholders, by the
agreement of October, 1850, regarding their per-
sonal interests, and the Clayton and Bulwer treaty
has settled any national difficulties therefore the
most difficult part ofthe ground has been got over.
The Commissioners, accompanied by Mr.. hilds
and his acceptable information, proceed to
London, to lay before the English stockholders the
surveys, plans. and estimates for carrying on tho
work. to which, the interests Of all parties are
IDENTICAL there is little chance of dispute, and we
shall therefore expect that upon their return, in
few weeks, the first sod will be turned up in the
due Of construction Of this great undertaking,
and that its completion will be hurried on with all
possible speed
A New REMEDY FOR New DTsEAsE.-An the
quack medicine vendors and inventors of unfang
nostrlms in this and the old world, have had their
glories ecipsed by a new and important discovery,
which has been recently made in the healing art in
this country. For some years past the female por-
ton of society here has been afflicted with species
of epidemic which evinced itself in distaste for
the ordinary wearing apparel Of their sex, and
strange fancy for that which is peculiar to tho other
sex. Those smitten with the disease were easily
recognized by the popularity of their dress and man
ners They generally wore a close fitting bodice,
pantaloons tied at the ankle, and rakish looking
hat and feather When they appeared in public.
they were generally attended by gangs of ieerine
urchins, grinned at by the fashionable gents, and
stared at with mixture Of surprise, pity, and con-
tempt, by their sex. This disease was classified
under the term of Bloemersm-a term derived from,
the Of the person who was first affected by it.
Its symptoms, however, not confined to articles