Note XXXIV-27 — Chapter XXXIV · INTEROCEANIC COMMUNICATION. 1801-1887.

Receipts from 1852 to Dec. 31, 1854, $1,026,162; 1855-60, $8,748,026; 1861-6, $12,369,662. Total, $22,143,850. Expenses to end of 1855, including share of profits paid the New Granadan govt, $1,123,081; of 1856-66, $8,748,318. Total, $9,871,399. Net proceeds, $12,272,451. The transit trade has been the main business of the Isthmus. For many years, till the Brit. steamship trade by the straits of Magellan developed, and the overland railway between Omaha and S. F. was completed, almost all merchandise going to or from Europe and the eastern ports of the United States, Cuba, etc., to California, the west coast of South America, and Central America, was sent by way of the Isthmus, including even copper from Bolivia and Chile. Receipts of the railroad 1883-4, $6,306,760. Expenses in same years, $3,979,144. Net proceeds $2,327,616; a net increase of earnings in 1884 over 1883, of $24,032. Further information in the last preceding chapter connected with the Isthmus transit trade. Bidwell's Isth. Pan., 286; Otis' Hist. Pan. R. R., 59-69; Superint. Burt's Rept, March 7, 1885, in Pan. Star and Herald, Apr. 22, 1885; La Estrella de Pan., May 2, 1885.