Note return — COMMERCIAL POLICY.

The Honourable P. Campbell Scarlett, one of the last travellers of note who crossed the isthmus and favoured the pubic with the result of his observations, says, "that for a ship canal the locality would not answer, but presents the greatest facilities for the transfer of merchandize by river and canal, sufficiently deep for steam-boats, at a comparatively trifling expense."26 He then proceeds to remark, "that Mr Lloyd seemingly turned his attention more to the practicability of a railroad along the level country between the mouth of the Trinidad and the town or river of Chorrera, and no doubt a railroad would be very beneficial;" adding, "that an explicit understanding would be necessary to prevent interruption, (meaning with the local government and ruling power:) and the subject assuredly is of sufficient magnitude and importance to justify, if not call on, the British government, or any other power, to encourage and sanction the enterprise by a solemn treaty."