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e Pacific. Excepting, possibly, Arctic explorations, in all the romantic history of ancient and modern commerce, in all the annals of the early navigators and explorers, there is no chapter that equals in interest the never-ceasing efforts to make the Central American isthmus a natural highway for the world's commerce--a direct route of trade and transportation from the uttermost East to the uttermost West. As early as 1536 Charles V ordered an exploration of the Chagres River to learn whether a ship canal could not be substituted for an existing wagon road, and Philip II, in 1561, had a similar survey made in Nicaragua for the same purpose. From that day to this the greatest minds in commerce and engineering have given their attention to the problem of an interoceanic waterway; every conceivable plan has been considered, every possible road has been explored, and every mile of land and sea has been gone over to find the best and most practical solution of the problem. The history of these early attempts is most interesting, but it is no longer of practical value, for it has no direct bearing upon present-day problems. Most of the efforts were wasted, and many of them were ill advised, but the present can profitably consider the more important lessons of the past. It was written in the book of fate that this enterprise, the most important in the world of commerce and navigation, should be American in its ending as it had been in its practical beginning. From the day when the first train of cars crossed the Isthmus from Panama to Aspinwall, to facilitate the transportation of passengers and freight across the narrow belt of land connecting the northern and southern continents, the imperative necessity of a ship canal was made apparent. Just as the railway followed the earlier wagon roads of the Spanish adventurers, so a ship canal will naturally succeed or supplement the railway. Natural conditions on the Isthmus materially enhance the physical difficulties to be overcome in canal construction. Even the precise locality or section best adapted to the purpose has for many years been a question of serious doubt. The Isthmus of Tehuantepec, the Nicaraguan route, the utilizing of a lake of large extent, and finally the narrow band of land and mountain chain at Panama, each offers distinct advantages peculiar to itself, with corresponding disadvantages or local difficulties not met with in the others. Many other project
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