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is not twenty years since Dr. Lardner, the author of a popular work on the steam-engine, then supposed to be a most competent authority, declared in his lectures that the application of steam-navigation to the voyage across the Atlantic was a mere chimera. So it has been with railways. Would not any man who fifty, or even twenty years ago, had predicted that the journey from London to Exeter would be accomplished _in five hours_, have been deemed a fit tenant for Bedlam? To contend that because a great undertaking has remained unattempted for a long series of years, _therefore_ it is impracticable, is to put a stop to all improvement. At the suggestion of the friends before referred to, the writer is induced to print the following pages, with the hope of drawing to the subject of which they treat the attention of the mercantile and shipping interests. If they awaken an interest in the subject in those quarters, they will not be thrown away, and he is fully convinced that the more the subject is examined the stronger will be the conviction of the practicability of the undertaking. _23, Throgmorton Street_, _February, 1845_. A SUCCINCT VIEW, &c. From the first discovery of the American continent down to the present time, a shorter passage from the North Atlantic to the Pacific ocean than the tedious and dangerous voyage round Cape Horn has been a desideratum in navigation. During the dominion of old Spain in the New World the colonial policy and principles of that jealous nation, to which Central America belonged, opposed insurmountable obstacles to any proposal for effecting this great object; but the emancipation of the Spanish Colonies, and the erection of independent States in their stead, has broken down the barrier which Spanish jealousy had erected. The rulers of these states are not devoid of discernment to perceive that the exclusion of European Nations from the shores of the Pacific would be productive of immense injury to themselves, and that by making their own territory the high-road to the countries which are becoming important marts for the commerce of Europe, they are bringing wealth to their own doors, and increasing their own political importance. In this, as in most other cases, individual and general benefit go hand in hand; for it cannot be doubted that were such a communication between the two Oceans made through Central America, it would prove of incalculable utility to all
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