THE MARITIME CANAL OF SUEZ. 245 



title to all lands capable of cultivation, by means of irrigation from 

 the Fresh-water Canals, and for which the Viceroy should pay 

 ;^i, 200,000. , 



By this Arbitration of Napoleon III., the total of the indemnities 

 payable by the Egyptian Government for the surrender by the 

 Suez Canal Company, of the concessions granted them, under the 

 Firmans of Mohammed Said, and Ismail Pasha, respectively, were 

 as follows : — 



1. Indemnity for the substitution of European employes and 

 machinery, for the Egyptian and Arab ouvriers, 38,000,000 francs. 



2. Indemnity for the retrocession of the land bordering on the 

 Canal, 30,000,000 francs. 



3. Indemnity for the rights surrendered upon the Fresh- water 

 Canal, 6,000,000 francs. 



4. Reimbursement of expenses for the works on the Fresh-water 

 Canal, 10,000,000 francs. 



These indemnities made a total of 84,000,000 francs, equal to 

 ;^3,36o,ooo. 



The Indemnity, No. i, of 38,000,000 francs, payable in twelve 

 half-yearly instalments, the first payable ist November, 1864; the 

 last, on the ist May, 1870. The Indemnities, Nos. 2 and 3, of 

 30,000,000 francs and of 6,000,000 francs, respectively, payable in 

 ten instalments, the first payable ist November, 1870, and the 

 last, 1st of November, 1879. The Reimbursement, No. 4, of the 

 10,000,000 francs, on the completion of the Works. 



The terms of the Arbitration were embodied in a Convention 

 between the Viceroy and the Company, the terms of which were 

 precisely the same as the terms of the Emperor Napoleon's Arbi- 

 tration; and this Convention being acceptable to the Porte, the 

 long-promised Firman of the Sultan, which, had been delayed for 

 twelve years, was despatched to the Khddive, which recognised 

 the "Compagnie Universelle " for the piercing of the Isthmus of 

 Suez, and also approved of the agreements, amended under the 

 aforesaid Arbitration, entered into by the Kh^divial Government of 

 Egypt, with Ferdinand de Lesseps, for the construction of the Canal. 



The following is the text of the Firman of the Sultan : — 

 " Monillustre Vizir, Ismail Pacha, Vice-Roi d &gypte, ayant rang de Grand 

 Vizir, dlcori de FOsmaniS et du Medjidieh de premiire classe, en brillant : 



" La realisation du grand oeuvre destine a donner des nouvelles facility au 

 commerce et a la navigation par le percement d'un canal entre la Mediterranee 



