We are now about to present the result of our investigations in this last part of our labours.

ESTIMATE OF THE COST.

Article I.
EARTH-WORKS.

We have adopted in our calculations for the Canal, the depth of 6 met. 50 below low water, which will give for the minimum 7 met. 50, and for the maximum 8 to 9 met. draught of water, by the disposition of the locks and the elevation of the tides of the Red Sea. If this figure should not be found sufficient, it would be easy to increase it by the dredging machines, a certain number of which will always be kept, and which would not prevent the navigation of the Canal.

met. cub.
The total quantity of removal required for the excavation of the Grand Canal, according to the calculations made from the sections, is74,679,132
Of which the part to be excavated to the level of low water in the Mediterranean is17,473,790
the remainder57,205,342
is below this level.
Earth-works in the Dry.—For the first part, we have similar works executed in Egypt; these are the three Canals dug to receive the waters of the Nile arising from the reflux caused by the barrage. Two of these canals have a breadth of 100 met. at the bed; 4 met. 50 mean depth, with banks 25 met. wide. They are all three dug in clay, which is very stiff at some points. The works having been executed by the Government, the pay of the workmen was very low: 1½ piast. (0 fr. 37½) was given to able workmen; 1 piast. (0 fr. 25) to others, and 30 paras (0 fr. 20) to children; the corresponding work done was 1 met. 25, cube per diem. If this ratio were adopted, it would evidently be too low; for the Company could not, and would not, exercise such an authority over the people of the country. It is true, that these prices are voluntarily accepted by the fellahs in the villages; but they are at home with their families, and are able to cultivate some patches of land on their own account. They would not willingly leave their families, unless to obtain higher wages, which would be at the maximum, 2½ piast. (0 fr. 62½). An average of 2½ piast. (0 fr. 62½) per diem, must be reckoned upon, not including the supply of bread and water, which would cost 1 piast. in addition. Say, therefore, 3½ piast. or in round numbers, 0 fr. 90. At these wages, with good superintendence, 1 met. 50, cube per diem might be required; for, in the works which we have carefully observed, we have adopted the formula 2 + n = 8 met. cub. to fix the task of the workmen employed. In which formula n indicates the number of relays of 25 met. In the present case, supposing the average distance from the centre of removal to the centre of deposit to be two relays, the formula would give 2 met. cub. and moreover the excavation is to be made in very light ground. We are therefore sure that the figure 1 met. 50 cube, is rather below than above the mark. The cubic metre will thus come to 0 fr. 61.—At this rate the first portion of the earth-works would costfr. 10,484,274
Earth-works under Water.—For the second part we assume, that it will be done entirely by steam dredges, in two series. The first composed of dredges of twenty horse power performing the excavations to the depth of four metres; and the second composed of dredges of thirty-five horse power, making the excavations to the depth of 7 met. 50. Let us see what can be done by both these working night and day for 250 days in the year; thus making ample allowance for repairs and stoppages. The dredges employed at the barrage, of 20 horse power, and raising sand from a depth of seven metres, filled thirty-three lighters in the day and twenty-eight in the night, in all 61 per diem, giving a total of 610 to 700 met. cub.; but these machines were almost continually stopped for want of a sufficient number of lighters. These same dredges, on the Seine, removed as much as 500 met. cub. in the day, and an equal quantity at night, excavating, it is true, at a depth of only 2 met. 50. The price paid per cubic metre was 0 fr. 75, including carrying away and discharging. At the barrage, on account of the low price of labour, the cubic metre has not cost 0 fr. 50. For deepening the roadstead of Toulon, dredges of twenty-five horse power were employed, which raised the mud from a depth of 9 met. 50 below low water. These dredges worked 270 days in the year, and each raised 194,755 met. cub. The cubic metre of soil extracted was fixed provisionally for the account at 1 fr. 20, including the transport and discharge, which was at an average distance of several miles in the open sea. At the port of Valencia, dredges of thirty-five horse power were employed, raising 750 met. cub. per diem, from a depth of 5 to 7 metres. A steamer of seventy horse power towed the lighters to a distance of fifteen miles, and the cubic metre thus raised and transported only cost 0 fr. 75. From these data it may be assumed, that the dredges of twenty horse power will raise 500 met. cub. of earth per diem from a depth of 4 met., and we may fix the price of extraction, including transport, at 0 fr., 75; that the dredges of thirty-five horse power will raise 750 met. cub. at 1 fr. By causing the dredges to work day and night, and assuming, as we have said, an average of 250 working days in the year, a dredge of twenty horse power will excavate per ann. 250,000 and a dredge of thirty-five horse power 375,000 met. cub. 625,000 The total quantity of excavation to be performed by dredges being 57,205,342 met. cub., if the work is to be done in five years, it will be necessary to have nineteen pairs of dredges; and, if it be observed that for the greater part of the Isthmus, the excavation may be done by hand to the depth of a foot at least below the level of the Mediterranean, since the bottom of the Bitter Lakes remains dry at a depth which reaches 8 met., 58, it will be found that nineteen pairs will be amply sufficient. Supposing half the work to be done by each kind of dredge respectively, the cost is found to be50,054,674
By causing the dredges to work day and night, and assuming, as we have said, an average of 250 working days in the year, a dredge of twenty horse power will excavate per ann.250,000
and a dredge of thirty-five horse power375,000
met. cub.625,000
Canal of Communication.—The quantity of earth-work to be performed for the canal of communication and irrigation is calculated from the sections at 10,320,884 met. cub. from the receipt of water to Lake Timsah. For this work men will easily be found, at the rate of 3 piast. (0 fr. .75) including all expenses, and each workman will do easily 2 met. per diem, which reduces the price of the cubic metre to 0 fr. 37½. The cost of excavating the canal will therefore be3,870,331
For the small canal of irrigation, leading from the last channel to Suez, the quantity of earth-work is 2,218,500 met. cub. For this it will be necessary to pay the men 0 fr. 90 per diem, and they will easily do 2 met. 25 cub., which will be 0 fr. 40 per met. cub. The cost of this part will therefore be887,400
Add 10 per cent. for tools6,529,667
Contingencies173,654
Total for the first partfr. 72,000,000

Article II.
WORKS OF ART.

To give a concise but accurate notion of the expense of the works of art, we shall fix the prime cost of the materials, compared with the prices paid in the execution of the works of the barrage, and then it will be easy to determine the outlay necessary for the present works, as compared with that of the former.

Rough Stone.—The rough stone used in the barrage comes from the quarries of Toura, situated 30 kil. from the place where it is used. It costs 22 paras the quintal, or 4 fr., 20, the cubic metre, delivered on the spot. That which will be used in the works of the Maritime Canal will come from the quarries of Ataka, on the shores of the bay of Suez, at a distance of 20 kil. from Suez. This being a calcareous stone, like that of Toura, if it is brought to the boats by a railroad and towed by steamers, there is sure to be a saving in the extraction and transport. We have however, taken the price at 5 fr. to cover all difficulties in forming establishments, the higher rate of labour, and the cost of the railroad. This is the price paid for the blocks employed at the port of Cherbourg.