Speech of the Hon Theodore P Shonts Chairman of the Isthmian Canal Commission
The book Speech of the Hon Theodore P Shonts Chairman of the Isthmian Canal Commission was written by author Theodore P Theodore Perry Shonts Here you can read free online of Speech of the Hon Theodore P Shonts Chairman of the Isthmian Canal Commission book, rate and share your impressions in comments. If you don't know what to write, just answer the question: Why is Speech of the Hon Theodore P Shonts Chairman of the Isthmian Canal Commission a good or bad book?
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As the amount of commerce in prospect was not sufficient for two canals, it looked as though the French Company would have to abandon their canal at Panama if the United States built one alongside of it at Nicaragua. The company became alarmed and, fearing the loss of all their propert} 7, the} 7 offered to sell for $40, 000, 000. This amount was the esti- mated value to the United States of the French work, as made by the Isthmian Canal Commission in 1901. It consisted of the following items, ...viz: 1. The excavation done by the French companies, valued at about $27, 500, 000. 2. The Panama Railroad, nearly all the stock of which was owned by the French Company, and valued at about $6, 850, 000. 3. The maps, drawings, and records, which were valued at about $2, 000, 000. 8 4. The buildings, storehouses, hospitals, land, equip- ment, and everything of that nature, which were valued at about $4, 000, 000. I have described to 3^0 u what the situation was when the Americans came into possession.
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