Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1905-05-13

thought about tho canal, ~ far M Asia
10 concerned, ~ u paying Investment
for Uncle Sam, Mr. Barrel has, You
Know, "a thorough knowledge of AslatIu
commercial conditions having been
minister 10 siam, having lycd long In
lho Philippines, ana having travelled
throughout japan, china india and olh-
or eastern countries ns commissioner
gcncral Tor the g. Louis fair u0 re-.
Piled
" have no doubt but that tho canal
Nlll pay IN time, and that our trade
with the pncInc wll form large part
NJ lls profits Tho United states In Just
beginning lu develop that trade, We are
fonlInN goods 10 Japan, china, Korea,
CLAM. the Philippine Islands. the East
indies ana Australasia, and also 10 the
Mcf' rllrtR of South America, Central
America ana Mexico but our ,rndc NJ
today Win those countries IL nothing
compared with what n win be when the
canal Is finished, The total amount Of
mat trade Is now about 81, ZOO, 000 600. ~
which We gol lcae than ouc.elghth, or
about S3oOOoO00O. within rs years after
the canal Ia done We ought 10 have 81
per cent uf the trade of those countries,
ana I believe II win then amount 10 a
O'llon dollars a year. The canal win
in'loieo that trade enormously At the
end NJ ~ years II ought TO amount al.
together to ut Toast $4,000 10000 per an.
num- n We got 10 per cent Of II that
none VIII compensate uA for the con.
Nrurllun of tho oln0l 10 times over
WILL ray ron ITSELF IN FIVE
YEARS
Indeed ! believe that the canal win
repny the cost NJ ~ construction In
benefits received within hyo years after
i 10 completed" continued MIR, Barrett
AZ ne outset II VIII not cost moro
IMAM NOOOOo, ana II may cost million
dollars year 10 operate II. These
sums VIII be- bagalollcs compared with
tho advantage We shan receive from IT,"
DO you not oyorostlmnto the posi-.
bllltlcs Of our oriental trade, MIR Min.
lslcrF' ! asked
~ think not Tho average American
has no conception Of the opportunities
lhoro, Almost holf Of tho worlds PEG.
PIE i've IN or near tho countries reached
by the waters Of the Pacific ocean I'm
moro than IN the United states, Japan
has moro inhabitants than Canodn,
Mexico, Central America and tho West
Indies, ana slam Korea, Java ana
Australasia have moro than all South
Amciicn, These people have their
wants, ana an they como In contact
win foreign nations whose wants with
increase, The commercial poeslbill.
ties Of the orient cannot be oyeros,I-
mated,
ouR COMMERCE. WITH CHINA.
Indeed" continued the American
minister, II see no reason why we
should not have II commerce with
CHINA within the next 20 wears that |
VIII be worth a billion dollars per an. |
mum That country has now n popu. |
lniion Of 3b0,0OO0OO and ~ foreign |
trade N valued at $3.50 600, 900, or AT On |
average Of 81 per head Considering |
the fact that JOpan's foreign trade has |
within thirty yonls, grown from 81 To |
" per head ana that our foreign com. |
morco IN valued at $50 or more per head, |
Il II reasonable to estimate that the |
trade of China within rs years win he |
worth 81 per head, or nv Il whole, at |
lcnst E,OOO0oO0 600 per annum"
SOUTH AMERICAN TRADE.
'ilow about South America"
"Ouf trade with the west coast viii
be greatly increased by the canal"
said the American minister, '"rhe Pa.
clilo states ~ Colombia, Ecuador, Peru
ana chile which are backed by sec.
lions OF Argentina, Bolivia and Brazil