Richmond Whig. [volume] (Richmond, Va.) 1862-1865, 1862-06-27
TEE sUIZ CANAL.

The annual meeting of the shsf' holders OF the seq
Canal Company assembled lstely In Ps,is and the report
contains Several interesting fac,e. TIE ,t crgIlieg
entertains no doubt but that The sst.rs Of rho Rta
will be united with the Mediterranean in the cours- VI
about eight months. There arc at pteseut twenty
thousand Arats employed on the works, and tbs mum
Der is speedily 10 be raised 10 tie formidable compile
ment OF forty thousand. The town Of Saia bsg,uLl
AJursb and already 1t contairs population Of
thousand Europeans and two thousaUd Arabs TIE .Veg
sargune H. Lesseps graduated the Ehsrehol6rs
the TACT tina. all political toty TO the s;hemo had died
oul; and he paid hgh compliment to Eirl Russell Nj.
Gladstone, and Ar.hiner Gibson for the apprcsliTe
speeches which they had doyered the subj yc in PeG.
lament.
writer to the London Times, from AsIsrdris, says
that, owing TO the large supply Of men received from
the Gov.rnueLt, the Company have been crab ed 10
push their work with great scviIy A; prrse the
main obCc. is 70 cut through tie ssnd heights Of T.
Djsr, and the engineers confidently expect that
email elementary csnal-rigois de serVic,-sl 10 ths
two months, carry the water Of haN di ersneen
into the Lake Tinssh. This email channel, Bppears
fifteen feet vide and abous eighteen inches deep cot
the portion Of il constructed las. SeaL through Lake
Meuz leh has been alnos. CELEBRATED Thus The end
will be fund to be perennial enemy, involving con-
slant and heavy expense. Some twenty-five creGgi
machine sbon! 10 be employed in re-ercavairg he
canal full SCALE and the entertainments are TO BE- 40.
newed and strengthened.
At Port Sid, an attempt had been made TO form 81
but the eject of storm has been 10 bend the iron pe
10 jare the foundation and othersise to Teoder Ia a.
tempt useless. foundation of stone is now be g..
tempted, and the quarries OF Mex, Aexbniia sTs
10 be laid under contribution for this purpess Tho
fact however, that nearly everything yet remAiLs TO
be accomplished, and the final result depends the
eogh OF the purse and the number OF the that toe
Egyptian Government be n6uced TO recruit or or
force into the service of the Company Significant hins
thrown out about the financial prospect tue Com
pany, and mercantile bgnniDg zee lat the
amount Ct traffic which, under any copdI,oO OF trade,
woull pass from the R d Sea into the MrditenlGesn
and return sgain, would fufce TO ply dividend
worth acceptance the enormous capital which will &c
req reI TO construct the work and keep In order.
Then again, Governments undertaking, !; "a felt
that unless France in chronic eoEdiuOn OF IN
the East, the subsidy which the cana, would rsQu
year 10 year, even after it Was compsIec, nodi te
more than even the present ImpsIiAl MIR you'd DO
willing to give.
L. Is also suggested that the discovery has been 4dc
In London that this canal is not the weak place dd.,
IA eWirasss AngLai's, and that the know .oise ct ia
fact has tended swetten the toGe I4o y Tie
,erper Of the British Cabinet After s II may b. hist
RIbet Stephenson and the Edinburgh Rvsw we're csr.
rect 10 their prophetic warnings.