A good deal is alleged by those trading from Britain to the East Indies against the policy of any part of the British nation lending patronage to such an undertaking, which, it is presumed, would benefit the countries bordering the Mediterranean more than our own; though, if the canal in question would be the means of most materially shortening the distance between the two most important portions of the British Empire, little doubt can be entertained of the benefit conferred on the extensive commerce of the two countries, even though some other nations would receive a greater proportional advantage in the accomplishment of the measure; and though the commerce of other nations might increase in a greater ratio than the British, still all would participate in facilities to be obtained; and in the case of war arising, it is but too obvious, that the power possessing a naval superiority has the means of closing such a channel of commerce to its enemies, by stationing cruisers at each extremity. So much may be urged with a view of removing the prejudice of British interests against the measure; but it will readily be believed, that if the British fail to patronize the undertaking, other nations and powers will do so shortly: and it is therefore manifest, if British subjects were chiefly concerned in advancing the capital, and in executing and managing this great work, it would be vastly more for the benefit of Britain, than if any other nation or Government lent their resources. But undertake it who may, it is most probable, that both the funds and the energies of execution will come from this country; and it is too probable, that if the measure is executed by any other parties than British, the work will be upon a cheaper and less effective plan of navigation, permitting only small craft to navigate, unfit for British commerce in the East, though sufficient for the small traders in the Mediterranean, who would consequently, in such a case, reap the entire benefit. I am decidedly of opinion, that British capital and British energy would alone execute the work in a truly useful and permanent style. But the measure is daily becoming so much more obvious as one of practical facility, that it cannot long be postponed in some shape or another. The conclusions may now be recapitulated in general terms:— 1st. That a ship canal between the two Seas, which contemplates an extended commerce between the countries of Europe and the Indian Ocean, should be free from the effects of all fluctuating causes, arising from inundations or floods, &c. 2nd. That it should be a measure irrespective of the commerce of Egypt and the Nile, or rather that it could not combine these objects in the same measure, with any good results; though it would be the means of greatly improving the commerce of Egypt by accessory measures.