The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1892-05-10

sFee1y Construction u TINS canal depends
tho speedy deveiopfneut ane RAPID growth
IF thsss s.a.ea. Without this canal tne
development and growth IF this coast
vii ~ comparatively slow; bGt w1in the
+ complexion y this commercial watef-yaT
between tae Pacific and .ae guf Of Mexico
the surplus products q 3Ais co2st can
probably reach she markets Of the wofi1
by cheap and quick water transportation
In Illustration q tie saving Of 1iIae 70
the shipping u the Sound, J. 9. Holcorlbe,
United STATES engineer, who WEE 1or three
/ years connected Win the construction q
the Nicaragua canal. furnished ing FosT-
IETEI11eEzcEH last July with the follow
Ing easly understood Office. lesson:
The bark v. ". C.sps sailed from Po-.
Townsend for Boston, Mass, with cErgo 81
sparg srd shingles. ebs sailed 1G.5J3 mics anu
tDoE IL days i0r It's voFage. Bad the canal
been opsn ehe goGIc have sGl!sa 300 niles
aud EAsds fhs .oyaGe IL i0-ty-fye dkys, thug
saving Il distance 1853 nileE Eu4 elgntF-taEss
asyk. THIS enoruU1s saving II tiIae and o4s-
lance is but az lnstgnct q what the cana viii
90 Tor commerce., f0- OF most loag voyage as
now made iasfe vii Ds Ewing d 1foIa s,JJ9 -
40,10g GlIlea.
The estimated cost o. the canal IS sl09.-
90, 600. u the government guarantees It's
bonds 70 that amount the canal would he
completed Ia five years. More than
s5,09oo03 mas already been expended upon
Is. The distance between the TWO oceans
is about $50 miles, bat the canal proper is
bat twenty-seven miles y length, the re-
snainder Of the transit being made through
the magnificent lake OF Nicaragua and the
San Juan river. The traffic that would
seek the canal 81 once is estimated e.
& ,124 ,033 tons. This Z: s. per ton ttbe
Haez charges) means s16.24s. I5G, which.
allowing the heaviest running expenses
possible, means return Of over % per
cent. Oh the estimated cost Of the canal,
and the tonnage OF the United States alone
viii pay into the canal s.. 500, 90 per year.
The, after paying operating expenses,
would pay dividend Of 81 per cent. on
the estimated cost of building the canal
The average value Of ton Of ships
cargo, es made up from the returns Of The
four great maritime powers. is s5177.
II the Tonnage dues are based upon the
value Of cargo Il vii only take ga per
cent. 10 give the above receipts.
Under the present situation the Pacific
coast is q. the western end Of long rail-
road haul across the continent from the
Atlantic ports. The railroads subsidize
the Pacific steamship companies and
under these existing circumstances there
is no chance for cheap transportation Of
the surplus products Of this coas; 20 the
Atlantic ports. If the government Of the
United States guarantees the bonds 70 the
amount Of 800 .00, 90, Is provided under
the pending bill before congress, !. viii
practically control IL by securing 8 ma
lority Of ifs directors and the canal vii
be removed from al risk Of absorption by
The railroads and steamship lines ts l. the
suez canal. To the Southern states from
Texas 70 Georgia the canal would be a.
great boon as i would be 70 the Pacific
stefes, anc il is this fact thai las enlisted
United STATES Senator Morgan, o. Ala
tstaz, among Us advocates.
The lake traffic through the sault Ste.
Marie canal last year was over 9.0Jo 900
tons. This canal, originally the property
Of The state a1-5lichigan. i now the prop
cry of the United States, and il needs no
- LII
- - .'--s-'--1'.-
- - -
the SaUlt Ste. Marie caaal o. the British
government - purchase controlling IL
-. - ~
.s.--l.---
- "a -
-. - - - -. =
- - - -,
-. - ..[--.-...-.,-
- 80
- - ,,I.;...-.a e-..s.-,,..... ,-.1-
.,,.... ,--o.-.,,... ,.,.. ..,.,....-.....
s~gei~e rrs~rsos. ca.t,,, n -,.s ,...--,-.,
- ,,..a.-s...s..-,. ,.s t....4s -.
- ef.., f.,. a..7 40 ,t..., ....t..-... -.
~,....,-e,.,.... s.-.,-.oa., - -
bsss y British esr.,af MI s-.3 80, -.
r~-+.sA s..v..r..,....- a.. -. -.
- -, ss-,.-.-.- ,ts ,~...--,., ~ -
49, 80 ,- .hs c.s. 81 g.
,os,e;al world VII ,.o, "a. - -.
sh-.;.v ard i,.~..-stfl.,, ~ tl.s Y-,..-.+ -.
=. tn,,5 IN. ,,5rsre,,,n o..,,. 81. -
bgr. and xhep II Is t..a, -.
,,a gamer. r.,t only ~ g. o., -,
We shstl lie u.,oe8 ia eo-..,sret.v,-r 80
and c,,s4. .',,os. ,.ir5. ,s-.-..fs. -
g,- orr s--r,s.,s r-.,5,,.,s f.,. ,,- e.s.. -
- .s~s,ls, o. a--fs ravo1 ..-,-l,-.s,,,
for ro r,st.e- - h-..ss he x..s-,...,-
. .