The following is a summary of the expenditures up to the date of the opening of the canal:

General expenditures for preliminary surveys from 1854 to 1859  $15,825,525
General expenses of administration and negotiations between
France and Egypt3,394,245
Sanitary service, 1866-1869121,410
Telegraph service34,000
Transport service, boats, stock, buildings1,644,435
Payment of contractors for material3,442,785
Dredging machines and heavy plant6,819,240
Work-shops844,150
Works of construction, canal, and ports43,534,330
Miscellaneous1,392,495
Expenses of various branches of company management3,841,050
$80,893,665
The average cost of the canal per mile is$808,936

[Click image to enlarge.]

The balance on hand for the completion of the dredging is $9,437,560. This sum will probably be sufficient to excavate the canal to the uniform depth of 26 feet.

The effect of the opening of the canal is felt in the revival of maritime interests in the Levantine ports. Port Said is the depot of seven companies, Russian, French, and Austrian. A Spanish company is organizing with the intention of establishing a line between Barcelona and the Philippine Islands, and an American company is preparing a depot in the Mediterranean.

In 1869, thirteen hundred and sixty-two ships, amounting to 637,440 tons, entered Port Said. M. de Lesseps estimates that the annual revenue from tolls on the tonnage passing through the canal will be $12,000,000.

The canal has conquered a peace. Its enemies have become its most sanguine friends. The benefits it is destined to confer upon the commerce of the world, and the changes in the present commercial equilibrium of Europe, although important in their influence and immediate in their effects, must be proportionate to the duration of the canal as a highway for the commerce of the world.