Publisher's Synopsis
Excerpt from Reports of Explorations and Surveys, to Ascertain the Practicability of a Ship-Canal Between the Atlantic and Pacific Oceans, by the Way of the Isthmus of Tehuantepec
Upon this question of cost, I would reduce the dimensions of the canal until the original outlay would form the basis of a permanent and remunerative investment, because I believe that the financial success of the project will depend upon our domestic trade, and not upon the general commerce of the world. In other words, I would make the Tehnantepec Canal bear the same relation to the trade of the United States that the Erie Canal does to the State of New York. In a few years it will have tended as much to the aggrandizement of the whole country as that canal has to the Empire State.
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