How long are you waiting, after you tried to import? For a huge Photos Library importing may be taking a very long time, as the items need to be merged into the library.
If you have to wait more than ten minutes or so, you may want to open the Console.app, to check, if there are problems. You will find this app in the folder Applications > Utilities. See: View reports in Console on Mac – Apple Support (UK)
In particular, look for Crash logs or Spin reports or Diagnostic reports, that are appearing right after starting the import. These would indicate a problem with the library, either a damaged library, items that cannot be accessed, because the library is in an unsuitable location, or older items in your library, that can no longer be processed on your current system version?
Which system version do you have installed? Where is your large library stored?