Review of reviews and world's work . hatthe French company, which was proposing tosell its assets to us for $40,000,000, could de-liver the property with a clear title. The Isth-mian Canal Commission had preferred the Pan-ama route, but had at first recommended theother, chiefly because of the large price askedby the French company for its claims. It tookthe ground, in its original report, that the workalready done at Panama would not oe worthmore than |;40,000,000 to a builder who shouldundertake to complete the canal. Thereupon,the French company promptly reduced its pricefrom more than a hu
Review of reviews and world's work . hatthe French company, which was proposing tosell its assets to us for $40,000,000, could de-liver the property with a clear title. The Isth-mian Canal Commission had preferred the Pan-ama route, but had at first recommended theother, chiefly because of the large price askedby the French company for its claims. It tookthe ground, in its original report, that the workalready done at Panama would not oe worthmore than |;40,000,000 to a builder who shouldundertake to complete the canal. Thereupon,the French company promptly reduced its pricefrom more than a hundred millions to forty mil-lions, and the Commission, upon being reassem-bled, made a supplementary report, recommend-ing the Panama route, if acquired under thereduced terms. The Nicaragua route would be much^aDet7nenT. ^arer to the United States than the other, and would be feasible for sail-ing vessels, whereas the prevailing calms wouldinterfere with their use of a canal at the other liand, the Nicaragua Canal would. Uncle Sam: I could be liai)py witli either were totherfair charmer away. From the Ohio State JouDial (Columbus). THE PROGRESS OF THE WORLD. 13 be 183 miles long, and thePanama only 49. If the Ni-caragua route should finallybe defeated, it may, perhaps,be said that the scale wasturned by the recent terribleeruption of volcanoes in theWest Indies. More than once,in years past and gone, argu-ments have been made againstthe Nicaragua route on theground of its lying in a dan-gerously volcanic region. Butthe argument made no im-pression on the public minduntil Senator Hannaadvancedit again, with great maps andcharts, in the Senate cham-ber, wliile Mont Pelee and LaSoufriere were still in activeeruption, and the newspaperswere full of the terrors ofvolcanoes and Senate on the 19th votedfor Panama by a decisivemajority. The question wasat once taken up again inthe House, with no certaintyas to results, but a chance ofconcurrence on Panama.
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