The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1858-06-20


doubtful whether The parties procipally ooasernsd Can
obtain refources Of such magnitude by private nleu 10
10 thought thai The promoters Of the Nicaragua csoai
scheme rely uooo governMent aid, either IN tho
form OF soosdy or guarantee. Perhaps such al
expectation s ony founded the fact OF the Emperor
having aoout wtve ago taxed great interest and an
acrve part in proec, Of the KIND, accouos OF
which 10 given In his Msjesty b published works While
prisoner II Ham, in 1872 the Emperor received oor
from several persooe OF hga stAa ling In Central America,
through the mediation Of Frsnchman established in
" undertake. the direction Of important works ia
that portion Of the globe The offer decliped but
tive correspopdence Eept up aud sequeny Prince
vey the ground for a ship caual between the two
oceans, passing by Lakes Nicaragua and Leon Almost nt
the same time The Of Louis Philippe sent out
Garea 40 engineer o. note 10 prepare plans and sec
tons for canal through the tnmus OF PaaamA In 1874
the ates Of Guatemala Sava and Honduras sent
Senior Casellsn Minister Plenipotenary 70 Louis Phi
ppes government 10 claim The protection Of France for
those States, ana 10 offer In great commercial ad
vanssges. The application unsuccessful seoor OAs
tesn next hal an Interview with Prioce Louis Napoleon
1t Ram, when was repeatet the offer of the direction OF
the works. which was again declined. Finally, the Cen
ual American Envoy concluded convention with Bel
gas company, whose president Count Hompesch.
This fell to the ground. Subsequently the Prince, while
still In captivity 81 Ham, received special communica
ton from senor de Montenegro, Foreign Minister OF
Nicaragua, investing him with full powers organize the
canal company IN Europe, and Informing him. a. the
same time thst resolution Of the $40 January 1910,
Canal Nspoison de- Ncarsa" 10 consequence OF this
decision, sencr 90 Nsrcelita Charge dAsres OF Ncsra
"
cessary treaty with The 0rnce Having in the coure Of
the year effected his escape TO Engaud the Prince
ped himself sereusly with the project, as may be re.
membered from the publication In LONDON OF . work by
N. Briaut, named The Prisoner Of Ham" Subsequent
events leo 70 the solution OF prnes Louis Nspoleous
connection with. the s,heme. Under present circum
il may n be- ~ mention the priuci
pal features Of his Majesty plans well op,nons
on the cost, practcaoiy and Importance Of the Ncara
qua Canal.
Tho Emperor states, Eumes, Vol. 2, that the canal
Would shorten by 600 mi'es the distance viii separates
ocsssia would with China japan
New zesard ard sew Holland rapid and easy by steam
Of prosperity the countries which such an snsrprss would
Ua os S ns 20 ss
merce and new marts to Ear.pesn produce; and finally
ana civilization over half the globe.
After dwelling the marvellous fertility and wealth
Of the soil Of Central America, and examining the five
routes already overwhelmingly the Isthmus of
Tehuantepec the lsthmus Of Nicaragua the sthmus OF
Panama, and two by the Gulf Of Darien-the Emperor
decided in Of tho second proceeding By the river
Ssn Juan and the Lake Of Nicaragua.
II able said his Majesty the territory
Central AmeIics By canal proceeding from San Juan De
the Pacific oscar this canal would fula the conditions
r G aa s waa s
only ones that blow with violence upon the coast,
According to the plan traced by the Emperor the canal
was 10 up the San Juan river for l04 mes,
the Lake Nicaragua for ninety miles, along the Tp
tupa river for twenty miles, Lake Leon tor thirty
five miles, and through the isihmus between Lake Leon
and the Pacific for twenty nine miles-givng total
length A 278 miles, for which works would necessary
only upon o portion equal TO about eighty.two miles.
The wiath OF the canal fixed nj forty four metres
on the surface and twenty al the bottom the depth
seven metres. The towing paths ON either side
were 10 be six metres vide each, and the locks
calculated for ships Of twelve hundred tons. The
Emperor estimated the total cost OF the canal
ut four Millions sterling which has since been ascertaned
as insufficient or the purpose The profits were 10 be de-
rived from two sources-tols on passing shipping, and
the rents and GALES OF land both BANKS which
hen as now proposed 10 bssow upon tho canal compa
ny. The tolls fixed at los ton Europesn ship
ping, and 20s. . ton on United States shipping,
because the American merchants would be the
greatest gainers ana IL estimated these would pro-
duce $500 900 annually The States OF Central America
were 10 besow the company Land " the extent Of
two leagues each side OF tbe canal throughout It's
tire length which would give extent Of 400 900
With the canal finished bis Majesty set down the value VI
the land a 81 the which, after estimating the portion
that would be required for the OF the c)mpny at
100000 acres, would give upon the remainder
raon Of shares with certain rights Of oolonizng, and
peculiar system Of emigration, which had something Of
lcarian look Emgants TO the number OF 80 900
be introduced, each OF whom 10 be planted his
twenty OF land with loan from the Canal Company
his pocketo build house, buy food and tools the ad
ten years.
have dwe at some length the project n thus put
forth by his Majesty in 1S46 in order 70 show that al IT'S
main features copied into the convention signed by H.
Belly behalf of N. Millaud %. Their project, you
have seen oontempaiSs placing route OF much political
Importance under the sole direction Of foreign company
and provides for the barring Of the route st future
period by the constant presence OF two ships OF war
belonging exclusively 20 the same nation the
direction Of the canal That is wiu be considered any
dirg bsa an advantage 'ciu hardly be doubted
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