urated the great canal
with a ceremony and _fete_. He then stated that success was assured, and
declared, upon his word of honour, that the work would be much easier on
the isthmus than in the desert of Suez.
In March following he visited New York, where he was but coldly
received, on account of American jealousy of European influence. The
President said that the capital invested in such an enterprise by
corporations or citizens of other countries must be protected by one or
more of the great Powers, but no European Power could intervene for such
protection without adopting means which the United States would deem
inadmissible. This did not damp his enthusiasm; if other countries would
not assist, all the credit would go to France. The Company had a
concession from the Columbian Republic for twelve years, and the United
States would not be likely to interfere.
It will be interesting here to compare the estimates for the canal by
different persons and at different times within two years:--
M. Wyse, 1879 L17,080,000
The Paris Congress, 1879 41,760,000
The Lesseps Commission, February, 1880 33,720,000
M. de Lesseps himself, " " 26,320,000
Rectified estimate, September, 1880 21,200,000
Lesseps said he had an offer from a contractor to complete the work for
twenty millions. Backed by the press and the deputies, the Company's
shares sold freely, and on the 3rd of March, 1881, it was fully
established. It was promised that in the course of that year the line of
the canal should be cleared, and dredging commenced. Lesseps expected to
finish in 1887, but in 1884 and the two following years he was obliged
to advance the time to 1890. The canal was to be 47 miles long, 70 feet
wide at the bottom, and 29 feet deep.
Little was done in 1881, but the work was divided into five sections,
and in the following year dredging and excavating were commenced. But,
even thus early, it was found to be more difficult than had been
expected. Up to March, 1883, only 659,703 metres had been excavated,
which was reckoned to be about 1/130th of the whole. This would not do,
as it meant that over a century would pass before its completion. About
seven thousand labourers, mostly Jamaica negroes, were employed at that
time, and this number was increased until, in 1888, there were 11,500.
In 1884 the average amount excavated was 600,000 metres per
|