REPORT OF COMMITTEE IN LIMA. 333 



not appear to the committee to be exaggerated^ 

 when the steam navigation of these coasts shall 

 have come into regular and full operation; or^ 

 at all events^ within two years from the date of 

 its establishment; consequently^ the calcula- 

 tions (proved to the satisfaction of the com- 

 mittee) fully establish, that the revenue will be 

 sufficient to pay the annual charges for its 

 maintenance, and still afford profit to the pro- 

 posed company. 



The committee have abstained from comment- 

 ing upon the almost incalculable advantages 

 and benefits, likely to accrue, to all interests in 

 any wise connected with the countries bounded 

 by the Pacific Ocean, from the successful esta- 

 blishment of the projected periodical intercourse 

 with Europe via Panama; because its vasr 

 importance and expediency were so fully recog- 

 nised and admitted by the first article of the 

 resolutions, agreed upon at the general meeting 

 of the British merchants and residents at Lima 

 and Callao, prefixed to this report. 



The committee also deem it their duty, — 

 after a dispassionate review of the immense 

 exertions and expenses incurred by the projec- 

 tor, Mr. Wheelwright, in procuring the privi- 

 leges obtained in favour of his proposed under- 

 taking, from the several governments of Chile 



