DOCUMENTARY HISTORY OF THE FLORIDA CANAL 157

Clearing right-of-way ---------------------------------------- 500,000
Housing, shops, and minor structures---------------------------- 500, 000
Excavation in central areas---------------------------------- 3,500,000
Bridge foundations----------------- --------------- ------ 500, 000
 Total..----------------------------- ------------ 5,000,000
 The additional sum of $31,000,000 can be profitably expended during the fiscal
year 1968 as follows:
Equipment --------------------------------------------------- $13,360,000
Housing, shops, and minor structures --------------------------- 750, 000
Excavation .----------------------------------------- 10,390,000
Bridges --------------------------------------------- 1, 500,000
Surveys -------------------------------------------------- 1,000,000
Contingencies ----------------------------------------- 1,000,000
 Total-----.... --------------------------------------- 31,000,000
 It is further estimated that the sum of $26,000,000 can be profitably expended
 during the fiscal year 1987 as follows:
 Excavation, wet and dry------------------------------------ $20,000,000
 Bridges -------------..----------------------------- -- 2,500,000
 Flood-control works----------------------------------------- 00, 000
 Gulf breakwater-----.-------------------------------------- 1,000,000
 Engineering and contingencies-------------------------------- 2,000,000
 Total.------.... ------------------------------------- 26, 000, 00


 DOCUMENT NO. 93 (FILES OF SENATE COMMITTEE ON COMMERCE),
 NOVEMBER 7, 1935

 MEMORIAL To THE PRESIDENT BT SENATORS, GOVERNORS, AND HEADS OF
 NATIONAL ASSOCIATIONS

 Under date of November 7, 1935, 72 Members of the Senate, the
 Governors of 36 States, and the heads of the national waterway asso-
 ciations addressed a memorial to the President expressing their
 approbation of his action in authorizing and beginning construction
 of the canal. The memorial reads as follows:
 WAsaHrn me D. C., November 7, 1935.
 Hon. FRANzKIN D. ROOseVULT,
 The President, The White House.
 MY DEAb MLa PnaznIDNT: Today I have the privilege and pleasure of pre-
 senting to you on behalf of those whose names appear below a token of appre-
 ciation commemorating your action in authorizing and beginning the construc-
 tion of the Florida CanaL This token is a shell from the coast of Florida, en-
 cased in gold and containing a portion of the first earth excavated in the con-
 struction of the canal as a result of a blast set off by you at 1 o'clock on
 the afternoon of September 19, 1935.
 I am sure you will be gratified to read the names of those who tender this
 memento to you. Here is no array of party or sectional interest. Every State
 in the Union is represented. All are Joined on the common ground of patriotism
 to applaud this splendid undertaking in the service of our country.
 This great waterway will be a new primary trade route favorably affecting
 the commerce of the entire Nation. In magnitude it is comparable only with the
 Panama Canal, which it surpasses in the amount of material to be excavated
 and in the commerce it will serve. With a construction cost not much more
 than one-third. of that of the Panama Canal, the Florida Canal will transit
 annually nearly 50 percent more tonnage. With respect to the commerce it
 will bear, it will be the greatest artificial seaway in the world. Surveys con-
 ducted by the Federal Government show that approximately 1,500 ships mak-