The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-01-21
BIC CANAL
Continued From First Page.

In Paris, on the isthmus or elsewhere
all or which are to be transferred to
the United States, valued at 100000.
summing up the foregoing items, the
total value of the property is found to
pc: Excavation done, $27,0O0, 033; Panama
railroad stock, at par Sc, 8S6 800: maps
drawings and records, s., 900 900; total, $36,-
ooO,G3S; 10 which nc add 10 per cent to cover
omissions, So, 639, 667. Total $4O,OOOOO
The estimated cost of constructing the
Nicaragua canal is $45, $50 704 more than
the cost Of completing the Panama canal
Inc ESTIMATED annual cost of mainten-
ance and operation is $l,30O,OO0 greater
at Nicaragua than at Panama, The pan
anna route would be 1916 miles shorter
than the Nicaragua route from sea 10
sea, with fewer locks and less curva-
lure poth IN degrees and miles. The es-
tlnated time for deep draft vessel to
pass through the Nicaragua canal was
placed at thirty three hours, as against
WE'VE hours for Panama, these esti-
mates beng the time of actual navigation
and not including delays for winds, cur
rents or darkness.
The offer received from the new Pana~
ma Canal company to convey all its PROB
efty' including all its interest in the Pan
anna railroad, to the United States win
make the estimated cost of the two canals
as folioWs: Nicaragua, 5189, 1854, O62; Pan
anna, $184, 293S, 1853.
Saving of $7O,OOO,OOO.
The advantages of the two canal
routes have been restated, according 70
the findings of the former report, There
mas been no change in the views Of the
commission with reference to any of
tie conclusions then reached; but the
new proposition submitted by the new
Panama Canal company makes a reduc-
ton of nearly 100000 in the cost of a
canal across the isthmus of Panama, ac-
cord1ng to the estimates contained in the
former report
There is, however, one important mat
ter, Which cannot enter into it's determin-
alton, but which may in the end control
the action of the United States. Refer
ence is made to the disposition of the
government whose territory is necessary
Tor the construction and operation Of an
isthmian canal. 1t must be assumed
by the commission that Colombia will
exercise the same fairness and Iberality
If the Panama route is determined upon
that would have been expected of Nj
caragua and Costa Rica should the Mica
ragua route be preferred.
All of One Mind.
The report concludes as follows: after
considering the changed conditions that
now exist, and all the facts and circum-
stances UPON which it's EVesent judgment
must be based, the commission is of the
opinion that the most practicable and
feasible route for an isthmian canal, to
be under the control, management and
ownership Of the United States is that
known as the Panama route
The report is signed by the entire COM
mission, as follows: J. G. Walker, rear
admiral U. S. N, president of commits
sion; Samuel Pasco, Alfred Noble,
George S. Morrison, Peter c. Haines,
colonel corps of engineers; William H.
Burr, O. H. Ernst lieutenant colonel
United States corps of engineers; Lewis
M Haupt, Emory r. Johnson.
The state department will now proceed
to arrange a protocol with Minister Silva,
engaging Colombia to approve the trans
fer of the franchise of the Panama
company, and to make any desirable ex-
tensions of time, both in the allowance
for the completion Of the canal and the
life Of the lease.