The building of the road did not eliminate, however, the need for a canal, and the Austrian government renewed its persuading efforts. According to "Gazeta de Transilvania" in July 1855, Baron Karl Ludwig von Bruck, the Austrian Finance Minister, founded a stock company to build the desired canal. According to an article in "Zimbrul" on July 23, 1855, the project was of interest to Britain, the French Empire and the Austrian Empire, who were asking the Ottoman government to allot the concession of the canal and the fitting of the port of Constanța to a consortium under the direction of the three countries. The Ottomans were to lease a league of land on each side of the canal for 99 years, where colonist could be settled. Goods were to travel freely, with ships having to pay only a "per tone" tax, significantly lower than the one on the Sulina branch. According to the newspaper "Steaua Dunării" from January 24, 1856, the Sultan issued a "firman" to the Anglo-French–Austrian consortium Wilson–Morny–Breda, represented by Forbes Campbell, authorizing it to build the canal which was to be called Abdul Medjid. The 12 articles of the Concession Act were published in "Bukurester Deutsche Zeitung".