The Manchester Ship Canal was partly commercial, partly industrial, i.e., the large contribution of the city of Manchester was made not as a financial speculation, but in order to promote an undertaking likely to develop the industries of the city. This canal, partly commercial, partly industrial, cost $75,000,000.
The Kiel Canal has further a military purpose, providing a short line of communication for warships. It cost $40,000,000. The Panama Canal is commercial, industrial, and military, and will cost more than all the above put together.
The Panama Canal and Its Makers
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Vaughan Cornish
