]. CROSSING THE isTHMUs.
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The late news from England mentions a sort ofcoaliton of nations for the pur- pose of making direct passage to, and over the Isthmus of Suez. Letters from Vienna, state that England, France and Austria have concluded treaty with the Porte for piercing tho Isthmus of Suez. By virtue of the treaty, Austria is to un> dertake the works on the coast and in the port of Alexandria the regulating of the course of the Nile is 10 be at the ex~ pense of Egypt i; France to undertake the roads through the Desert; England to restore Ihe port of Suez, and to cons strHct the basins and all other necessary establishments. It is said that M. Neg. relli, and severalothcr engineers under his order will set out for Egypt next month. On the other hand, the whole affair IS represented as private under taking, which will be warmly supported by the governments

 Whilst this vast project is engaging the attention of the old world, similar plan is sprojected by the American Government viz the opening efthe IstAnsus of 7ehuun- petec, midway betwixt Vera Cruz and Tobasco. a point q: which the Atlantic and Pacific oceans approximate so close lE as 10 make the space between only about l20 miles wide. We understand that the steamer Polk, which sailed from Norfolk on Friday for Huasacualo, in the bay of Campeschy. took out an armaS Eent for the purpose of taking occupa- ton of that port. She is to make a complete survey of the coast in the neigborhed ofths Is,hmus, with view to it's occupation, possibly preparatory to the opening of ship canal across to Tehuantepec. A ship canal of 60 miles, |itis said will unite the waters of the two oceans. In the accomplishments ofythis project, q late writer in the Picayune has calculated that Boston would be brought to within 57000 miles by water, of the mouth of the Columbia river in Oregon, and by steam atthe rate of fifteen miles per hour, allowing two days for passing through the canal, it could be reach ed in IS days. From New Orleans the distance by water would be 43O0 miles, and at the same rate the voyage could be made in l2 days. Canton could be reached from New Orleans in 40 days or less: s:-[ Transcript.