The Hawaiian gazette. [volume] (Honolulu [Oahu, Hawaii]) 1865-1918, 1868-09-02

The SuEx CASAl.-Though is but partly
finished, its earnings In 1867 were 80, SO
francs, and In the inst quarter of 1858 they
were S4s.e .e6t francs. II Is to be ia mites
long, and y, o0o men are constantly employ
ed in its construction. Darien presents no
obstacles eQualing those on the Isthmus Of
SueA
What different scene, on the contrary,
aud what different reception awaited honest
NJ. dc Lcsseps the other day At the meeting
of the Snez Canal Company The only dan
ger be ran was that Of being smothcred by
congratulations, or OF dying under the too
feryent aecoiadss Of his enthusiastic action
adirSSi The latter mounted on the platform,
at the conclusion Of the proceedings, to
shake hands with, or even embrace him his
report was received with tumultnous bravos,
and an unanimous vote Of thanks passed to
him las he well deservedl for his indomlt-
able and undaunted zeal, energy and per-
severance. l cannot enter minHtely into
the numerous statements of detail and
figures. Suffice Il to say that the total sum
raised by the company for the purposes Of
the canal up to the end Of April last appears
to have been Just short OF three hundred and
my millions, and the sum expended up to
the same period little under two hundred
and ninety millions, Besides the amount In
hand, the company has been authorized TO
raise by the emission of bonds the further
amount necessary to complete the work.
But the most interesting part Of the report
was the almost unanimous testimony which
NJ. dc Lesseps was now enabled 70 read to
his audience as being borne to the feasibility,
progress and certain completeness Of his
great enterprise by all visitors, and more es-
pecially by those very English visitors who
came most prepossessed and prejudiced
against it, The letter and testimony of the
Duke Of ST. Adams are not perhaps worth
great deal in such matter; but the testi-
~ MA like Mr Smith nf
Gosforth, and Mr.. Lobnitz, Of Glasgow, Is
in the highest degree valuable, given too, as
u Is in both instances, In sense directly In
contradiction with their previous opinions
and convictions before they had visited the
works. The latter gentleman, especially,
says that before doing so, he believed the
company to be engaged In q foolish and un-
profitable untertaking;n but on his return
be FASTENED 10 lay before meeting Of the
chief engineers and shipbuilders of the Clyde
his conviction OF how completely he had
been mistaken, and how entirely he had
changed his views on the subject Amidst
immense cheering, NJ. de Lesseps announc-
ed, with perfect confidence, the Inauguration
and opening of the canal for the LIST October
next year Mr.. Aspinwall was present at
the meeting, and remitted to NJ de Lesseps
& note, which the letter read on the Panama
Railroad, stating, among other things, that
the actual expenditures on that line which
had been estimated at $40, COO 600, had risen
to SIS, ,000, coo; that the 5o0f. shares, which
had been sold during the progress Of the
work at 400E. now fetched 1,5Q0f., and that
the dividend was &c per cent. "Let the
example of Panama encourage you,n cried
NJ. de Lesseps to his shareholders. "The
l0f per ton you will receive, with the
immense development to commerce to be
expected from the opening Of the passage,
will assure you brilliant return for your
capital vote Of thanks and congratula-
tions was moved to Mr.. Aspinsall, and the
meeting broke up amid universal applause
and satisfaction.