The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1869-07-22
ship win always be gamer BY taking the sues

NAPOLEON'6 IDEAs
Napoleon had 1t Is said conceived the idea OF see
ing such work as the Suez Canal carried into ef-
fect-n not patroni1ed by himself-eyen when he
Lesseps consequently found easy access to the I'M
pera attention az his very nrst move, as well as
70 10 1sS the sars
in the year isos r. Lesseps addressed Letter to the
shareholders. which was printed in Paris and trc9'
lated extensively, In the French English and Ger.
man languages, both on the Continent aud in Great
Britain.
CAPITAL AND CASH.
In this paper NJ Lesseps speaks first Of the f0ur
ishing condition Of the finances, ana points QUE
how the wishes OF the Emperor have been al
w Way T ns considers .ns IF an sxceptoaa cSarac
% 1s5 aU% sssSaSe esS 2
that on the LIST Of October 1869. "the Egyptian Bo9
phorus win be open rot al nayisasGAm me SAINT
t aey ory being ei H only i whereas * France
240 per cent. Contrary to all expectation. the pop
ulation Of the isthmus goes on increasing rapidly
Of wOrkmen whose part OF the operation Is COM
pleted In 1866 there were but 500 souls; In 1885,
M de Lesseps next gives this welcome paragraph
to his sharehOders:-"Ths is the first time that o
statement Of profits appears In our annual report
graph postal service. &c. The receipts Tor 1867 were
2s2 72f For the first three months or 1868 they were
The returns for the first four months OF 1868 are
20, 42oi; ana 10 4S6 passengers have been carried
during the latter peflOus Iue ADySHlQau eXpeQl-
ton has benefited the company, as the canal has
benefited the expedition. The telegraphic system
pays wen and works well. NJ de Lesseps got a
despatch IN Paris sent nom 1Bmaiia, ana delivered
in Clary square, rue Neuve des Mathurns, IN two
hours: The property bought and rented by the COM
pany Is OF great and daily increasing value.
TRADE, TRAVEL AND PROFITS.
Mr.. Lange, English representative and director OF
the Suez Company, published q letter Lately on the
prots in Which he supplied the foiloWina "t ares
relative to tue forwarding OF merchandise and gene
RAJ cargo. de says:-"in continuation OF what
despatch and care observed IN the transit OF
merchandise entrusted to the Suez Canal
Suez, the following letter abiding 60 the
transit of about 10000 packages destined for the
Victoria Hospital at Suez. III connection win the
Aoyssinian expedition, may be Of some interest to
your readers. further stated that considerable
saving Of expense, IS Wen as despatch, Is secured by
briefly as possible enumerate these advantages
The rate for all kinds Of merchandise Goals eX-
Tor GOALS 2lf per French ton OF loo kllogrammes,
and zoI per ton for cargoes OF 800 French tons. 70
TINS must be added the charges for loading or un-
barges, and UsCe eesa 2 Zoe. per ton, and further
H. 7Jc. per ton on or from the quay at Suez-in all
Al. 5Jc. per French ton, to the rates above named
mention that 1000 tons OF Goals were being
conveyed through the canal, from Port SAID
oriental Company, and arrangements entered
INTO Tor the co .veyance Of 5000 tons more.
Of November last amounted to 1,050, 22lf. ole.
There are thirteen steamers monthly plying be-
tween rort sad ana Aexandria and sixteen be-
monthly between Suez, Hong Kong Singapore, Pc
nang, EOmbay, Calcutta Madras. Australia, &C., thus
Europe and the East through the Suez Canal, of
which shippers can avail themselves for out and
home shipments IL Is fully ANTICIPATED, according
being carried on, that the Suez Canal VIII be open
for the unDroKen passage Of large vessels on Or be.
I'M lafn f Rf,lNnP W unar
Mr.. J. Constable manager Of works for the con-
tractor. writes as follows concerning the delivery
81 hospital stores for the Abyssinian expedition
tn. goods and !.
here correct in ia sooa and
Trey to my satstacon me parses were carefully loaded
number of packages being as per ressptHyiz, lsSsa
Manager Of works for j. Kirk, contractor, WooIwich.
To the sURx CANAL COMPANY
During the year lses. sOss vessels, assresatins
tickets were issued p3 the Transit Service. Accord
Will be increased to 100000 tons per annum the
first year ater the completion Of the canal aud that
during succeeding years, viii be doubled.
INTEREST AND ATTITUDE OF E0YPT-yUSTOM5 DUES
In continuation OF the subject OF the rights and
expected profits OF the travel and trade OF TIE canal
we reproduce me following despatch, b, daied at
warded to Paris with the explanation appended.
The first despatch says-"The suez Canal Company
have Deen lately mixed up In some difficulties which
have arisen between the Egyptian authorities and
the merchants at Port said. The facts OF tle case
are as iollOws:ln the beginning OF 1866 the Egyp-
tan government, finding lnat goods to large ex-
tent were imported into Egypt VIA Port SAID free
Of duty, established Custom House there From
that liule TIL lately the dues regularly levied
on AL goods except on those certified ny the agent
Of the company 20 belong to the Suez Canal Com
pany and required for the carrying on Of the WORKS
In April last NJ. de Lesseps addressed
LETTER TO n. voIsIN BEY,
chief agent Of the company, Oh which the following
Is an exact tranalation:--
PARIS. April IS, 1883.
exempted from ali duty BY means OF the charge in favor Of
Egyptian OF nteen cent the proceeds
present. on
any article whatsoever The isihiuas but
their Coasuls 10 complain.
This letter was published by M. voisln Bey at the
different stations OF the company IN the form Of .
to s Is SseI on ans line st
1898, circular TO the Consus, enclosing copy or
ais letter TO NJ yosin Bey. Che following 10 trans
alton Of an extract Of the document:-
CIRCULAR.
The a1c between the two seas and the different work.
iersaSdinss possibly arising that would require your
erence forward YOU sir tho dInerent documents that
i've up without acting contrary 70 tie terms OF The grant that
Copies OF these documents being communicated
70 his highness. the ylceroy, by the Regent, Cncrf
Pacha, his Highness Immediately invited NJ. de Les
seps to meet him at Consantlnople 70 come to some
De Le3seps frem Egypt the merchants Of Port Said
refused 10 pay duty on their goods, SO the Custom
their stores wnere they detained them til the oath
OF August when about fifty Europeans, merchants
for the most part, Of different nationalites went TO
the Director OF the Custom House and gave him to
that If he did not give them up their
goods they would take them by force. The Director
repied that he had no adequate force a hand to re-
pei voience but that he would not give up the
goods willingly. On this the Europeans forced
tne doors OF the Custom House stores and took out
their goods. The Governor OF the town had arrived
on the spot In the meanwhile, with few cawasees
poIcemen, put the force ~ MS disposal being very
q an cd rftnH ha FOR
TO Cnerif Pacha,
Ihis complicated the question, but 1t was finally
arranged between his Hlghncss the Ylceroy and NJ.
de Lesseps that a commission nominated In equal
numbers by his Highness and the suez Canal
Company should meet In Egypt under the presidency
OF server Eiiend ian Official OF the Sublime Porte TO
determine on the exact meaning or
ARTICLE XIII. OF THE ORIGINAL GRANT,
dated 5th January, 1855, which Is Us follows:--
Tho Egyptian government exemps tho company from all
Custom House duty, entry and otherwise ON all
and articles whatsoever that the Introduce
Egypt from foreign parts for the OF ito vsr ser.