"The exact estimate of the expense attending the formation of a Canal at Panama cannot be known until the report of M. Garella shall be completed. But the foregoing explanations are of sufficient weight, as a decided result of his surveys, to enable us to see that, against the undeniable utility of a Canal that should be of sufficient dimensions to allow the passage of the largest merchants' ships, we can hardly place in the balance the consideration of any expenses whatsoever, nor question the long series and increasing importance of the advantages which must arise from it."

By way of summary: the opinion of this engineer on the possibility of the formation of the Canal in question, is contained in the following lines of a letter addressed by him to the Governor of Panama, dated the 7th July, 1844, and a few days before his departure from that country, translated from the "Cartilla Popular," a public paper published at Panama, and written in Spanish.

"I am nevertheless partly able to satisfy your just and natural impatience, in announcing to you that a Canal across the Isthmus between the river Chagres, and a point of the coast of the Pacific Ocean, in the environs of Panama, is a work of very possible execution, and even easier than that of many Canals which have been formed in Europe."

M. Morel.

The author has been furnished with the following summary of the opinions of M. Morel, who has been a resident for some years at Panama. M. Morel is stated to have surveyed the whole line of country destined to be appropriated to a road, as well as the ground through which a Canal might be opened, and as the result of his surveys and observations, he is reported to state—

1. That the width of the Isthmus of Panama, in a direct line, does not exceed 33 miles.

2. That the chain of mountains which incloses the country terminates precisely between Chagres and Panama, and forms a valley, which is crossed in all directions by numerous streams.

3. That besides those streams, four rivers of more importance, the Chagres and Trinidad, which flow into the Atlantic, and the Farfan and Rio Grande, which discharge themselves into the Pacific, in the immediate vicinity of Panama, can be made available.

4. That the soundings of the River Chagres show its depth to be from 16½ to 22 feet, to its junction with the river Trinidad, the tide being felt for four miles up the last named river. The breadth of the Chagres is 220 feet from its mouth to the Trinidad.

5. That it becomes only necessary to unite these rivers by a Canal, the length of which would not exceed 25 miles, and which would be abundantly supplied by the numerous streams already mentioned.