Note XXXIV-38 — Chapter XXXIV · INTEROCEANIC COMMUNICATION. 1801-1887.
Reading edition
To raise the original capital the liabilities of the company became $150,000,000, which at 4 per cent equals $6,000,000 annual interest. If ships crossing the canal be charged $3 per ton, $5,780,000 will be yearly required to pay the interest. S. F. Call, Nov. 9, 1886. De Lesseps reckoned the monthly output of excavation, which in 1885 was 658,000 metres and in 1886 1,079,000, should reach 2,000,000 metres a month in 1887, and 3,000,000 metres a month in 1888, and up to the completion of the work in 1889. Pan. Star and Herald, Aug. 5, 7, 11, 12, 1886.