"The misfortunes of Strain's expedition were due in great measure to information which proved to have been almost entirely false. An English engineer, named Gisborne, had published a book containing a pretended survey of the country, which he claimed to have surveyed; in consequence of this report the governments of England, France, New Granada, and the United States of America sent expeditions, all of which failed disastrously. Strain's was the only one of the number that succeeded in crossing from ocean to ocean, the rest having turned back on account of the many unexpected difficulties, and the hostility of the Indians, who attacked them repeatedly. It turned out that Gisborne had never crossed the Isthmus, and his map of the Darien region was almost wholly imaginary. "Several companies have been formed at different times," the Doctor continued, "for the construction of a canal from the Atlantic to the Pacific, but the most of them have existed only on paper. The first of these companies was based on Gisborne's imaginary surveys, and was organized in England, with a capital of seventy-five million dollars. Sir Charles Fox and other heavy capitalists were the promoters of this company, and they confidently expected to complete their work before the year 1860. The preliminary operations showed that the canal, if built at all, would cost several times that amount, and the enterprise was abandoned. "Concessions have also been granted on other routes, but no serious work has been performed; the concessions were limited in the time of commencing and completing the work, and one after another the limit of time expired without anything having been accomplished. The Panama route is the only one on which there has been an attempt to make a canal; the government of the United States has made a treaty with Nicaragua for the construction of a canal through that country, but, up to the present time, the scheme has not gone beyond the surveys and the reports of the engineers." "We are confident," said Mr. Colné, with a smile, "that our canal from Aspinwall to Panama will be completed, and that large ships will pass through it before the 1st of January, 1890. Indeed, some of our engineers promise it for the New Year of 1889. Thus far the work has progressed quite as fast as we expected at the outset, and if no unforeseen difficulties arise, we shall have the canal completed before 1890." One of the youths asked how much the canal was likely to cost, and how it would compare with the Suez Canal, which they had visited on their return from the Far East.