The daily exchange. [volume] (Baltimore, Md.) 1858-1861, 1861-06-05
THE IsTRMUs OF arr

IL.
Professor Barufi, OF the Up;yersitv of Turin
writes thus on the works now in progress o. the
Isthmus of Suez:
NJ. Ferdinand de Lesseps, the i,defat;gabIs rro
moter OF the works in the Isthmus ~ Snsz has
just spent day in Turin, aud gives the most on
couraglng inior nation respecting the progress Of
that work. "
Hundreds of ships within the last fftao, ,,o,,,b,
have successfully entered into the Port-Said and
all doubts to security of the entrance of the new
Bosphorus removed. Eight thousand Egyn-
tlan iaborers are engaged in the excavation of that
part of the lsthmus known under tba nama of
Seui-d el-Guist, the most difficult part of the en-
terprise--but which, however, they hone Ia com
plete during the Eext three months When tha
channel through that hill of argiilacenus sand il
opened, 1t will communicate with the Lake of Tim
sab in the middle OF the Isthmus from whence 10
Suez there will be no serious obstacle to the pro
| gress of the work.
! NJ. de Lesseps tells me that in a wear the union
of the two seas will be probably plshed and
| that by that time the coasting trade NAV begin
The waters OF the Nile will restore to the Is;hmus
its former fertility and those waters will be car
ried through canal to the two extremi,ies or the
| lsthmus. On the coast Of the lake of Timsah a
| city will arise, which, in some future time will
take the place commercially and politically of t. q
ancient capital of Bvzantum.
The Viceroy of Egypt, on his recent return from
Medina, made detour Tor the purpose of examiu.
ing the progress of the works, aud manifested
great satisfaction in the results thus far accom-
plished.
The subject, it appears, has been taken up by
the English House OF Lords. The Spectator o
May IL, says
The position of affairs, explained by Lore
Carnarvon and the late ambassador at CONSTANT
nople, is briefly this. M. de Lesseps, concession
naire of the canal, has secured the authorization,
OF the Pasha, but still awaits that of the Porte
which is legally essential to the work. This au
thority has repeatedly been refused but NJ de Les
| anty -
ty, and, meanwhile, has commenced his opera
tons. He has induced the Pasha, by aurements
at which we can only guess, to accept shares t.
the value of f3 1000, thus duplicating him deep
ly in the scheme. He has commenced a ditch G
some sort, through which, he says, a boat of som
kind will, in few months, be able to pass; a
achievement which, as it accomplished b
Alexander three thousand years ago, is not absc
lutely impossible. He is making or endea
voring to make, a harbor on the Mediter
ranean side, and he is building a grea
number OF oddly disposed stations, not very unlik
small Notifications. Under cover of these work
he has introduced an army Of French workmer
whose numbers are variously reported, but are Gel
tainly large, and he has acquired an influence
Egypt not unlike that exercised by British resder
, at an Indian Court. Moreover, he claims not onl
the land for the canal, but for half mile on eac
t side oft; and his agents have actually ordere
Englishmen away Fl ON the route it is inteade
the canal shall traverse. He is, in fact slowly BIT
ably building up exclusively French right {
: way between the Red Sea and the Mediterra near
, The scheme as speculation may be left to tax
care of itself. If Marseies Spectators like
} throw away their gains in annoying England, il
: stead of throwing them away in the playing ciut
which are their usual temptation, it is no busine
OF the Peers to impede that step forward in morale
Dor is it much the part of EngshmeD, with rem
absences of Panama, and painful memories
, Mexican mines, to derlde any speculation recon
nended at once by philanthropy and ten per cen
But the establishment of French influence in Egvp
q is danger which the nation may study with ad
vantage as well the Peers. 1t is in fact tt
: Syrian question over again. AS long as Englar
retains India, so long must she maintain the ne,
trality of Egypt