The Ottawa free trader. [volume] (Ottawa, Ill.) 1843-1916, 1879-08-16
LONDON LETTER.

ester T. Drake LONDON, July -, 1879.
Dis at ST. oun the year of specuaton the year Of in.
first in six venerable visionary undertakings, the year Of
f. Lincoln halfway mania which in its intensity and lis
IS and to see MS ous results almost rivaed the South Sea
iessr'' u d. hebe there published IN France pam.
q" of fifty oolscap pages which may be re-
,,. r," Tu,ed as virtually the prospectus Of most
-, -, Ws n vicious scheme. 1t nothing less than II
vron Wiley of cut a canal through the slhmus of
EST of Thomas rama The introduction to this prospectus
ava last week orth quoting since its author gen.
eter Duplane who then seemed in hopeless difficult
nday and badly but who afterwards enjoyed for time
ken ana oau Ut prosperity and made considerable
MS po.'e ~, NE world "rhe junction of the Atlantic
n,aI Pacific oceans" he wrote, "by means OF a
,, ron am al cutting the centre of the New World Is
10 trim ~ oroueson Of acknowledged importance 1t
oakley riggs diminish by three thousand miles the dis
loot" and pree which separates Europe from the
mic. of America and Oceanica; it will render
Mrs. Allen Jord2ommuncation with China, Japan, New
va, are in sprnnd and New Holland speedy and easy by
iora'o ~ ioou of steamboats, it will elevate mmedi
"o "''1 20 prodg ious degree prosperity those
-, " itres through which such an undertaking
,, u,m nr II draw annually two or three thousand
,uh,icon manor ochanmcn it will open new channels to
,, Nqn introduction of European produce; in a
enrv Cole hal it will advance by several centuries the
ct into his foot uress of Christianity and civilization
the hail. fixed ughout half of the globe" Shortly after
them laid NATURALIZATION of his pamphlet the wrerwas
1Iay crossing thved from his difficulties, far he
LOT "o'N'n' rived to escape from the prison in which
u ~ vas confined He came to London desper-
., v pressed for cash and in 1S47 made siren.
, roo lie attempts to float his favorite object He
accoposed to launch jolntstock Nicaragua
Miss Ford of al Company with capital of four millions
rawn's. ling. 4 friend introduced him to a soci-
Mr.. and Mrs L the solicitor brought HIM in communica-
brdgc, are 81 with capitalist to whom the promoter
eeVer we'd his statistics and his estimates of costs,
p|' 0''' " his plan of the of the proposed ca.
:, ~ ,,;.,,, drawn by his own hand There was some
sor CnIen Of the promoter taking a trip to Central
~ for the erica to survey the regions to be traversed
" Becm ESQ., waterways but 1S4S arrived and in due
yesterday. came February the Gath. 1t occurred
Miss Jennie lrethe sangune promoter that there
N-c- Emma Ihme Of far important nature to be
,'' are lied in France, whittier he repaired without
N' Lew "'"iy, and the Nicaragua Canal Company un-
n. ,ieC) came to nothing. The name Of the
- ,,.t -, uis noter was Prince Louis Napoleon Bona
Geo HIM has re the prsonerof Ham, the exile of Chse
COL D. Uapemst, the Emperor Napoleon III.
YESTERDAY this very curious episode in the Imperial
Frank Webster, err auson was recently made by Count
ldwn, Joliet Ndlnand de Lesseps, at meeting of the
Hon Alex Ganch Geographical Society. The great En-
on P A. Armser has issued the prospectus Of his "ner
orrs e. NJ Bamnc Canal Universal Company for the cut
.. ting of the American Isthmus and English
roliof far version of 1t has been transmitted to London
less value Everything about this supendous scheme is
ting sore, worthy of the daring genius which severed
Seiul and , ,or,,o,, ,. t, ,;i,,, ,,,t f Five Quo,
Is, and is '' ~ ''' ' " VIM
ms fits oahal' AS 10 us placucaDlts, Hom hhah-
moths; by cal and not engineering point of view,
drawers opinions will of course differ NJ de Lcsseps
or the gar wan, syreeu ,,,Is srerI,nU and asks for
C summer.
losets and eiSh years 10 compete MS ENTERPRISE oul ne
in the maintains that after making the most liberal
desruC allowance for eynenses Includinp interest m
" after loan in bonds, there will be enough
left to pay the happy shareholder II 3 per cent.
amer in the To this must add the benedlcons which
keep the future generations OF merchants and shpOHn-
n IS GER Will lavish him. whatever these may be
~. oo worth IN the money market Now, if any one
cted hogs pul NJ NC LcssePS hu poposeu ts schee IL
discovered would have been put aside with much quiet
the time contempt as the famous Honduras Ship Rail.
th large 1900. e , = - .a.- ,..,. .o,1 oo, -, :, :; a.,
III injured ""' ''' ''o VIZ =, " 1' VI"
out and broad uisuhc'ioh between me ralania anu
of which Seuz projects cannot be lost sight of In Cen
day not trail America there Is no Ervpt TO supply forced
Sc entirely bor o., r,, ov.or+ ord cosl 70 t,o arou,, ut,
rled since ~ va! ~ ~ "
failed az many milohs sterhhS as may oe "ah'eo'
Yet without these two helps the Seuz Canal
and weed would probably have been cut at all On
he month the other hand NJ de Lesscps has what he
Importance had not in 1858 and earlier the prestige arts
,ht !, ing from success, and this will powerfully help
scrv rows him on the Continent In England it is to be
urng the expected that the pensve investor thinking
II August mOodiy OF what he lost in the days when it
.enr Of might have been said, with Hood "Only pro.
nee 100 pose to blow bubble and, Lord! what hun
its way dreds will prescribe for soap" will maintain