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Waterways and Water Transport in Different Countries

Note 180 — Chapter XXI · THE PANAMA CANAL.

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It may be interesting to state how this sum had been expended. The items are as follows:—

Francs.

The purchase of the concession 10,000,000

Caution money to the Colombian Government 750,000

Expenses incurred before the company was founded 23,393,605

Repayment of advances to founders 2,000,000

Cost of administration at Panama 26,415,927

Expenses of the company 26,036,551

Interest on money advanced and shares 55,700,148

Construction, purchase of land, &c. 25,289,743

Purchase of materials and equipment 83,537,568

Installations, &c. 115,137,354

368,260,896

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