The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1910-09-08
PANAMA CANAL WILL GIVE
AMERICAN AUSTRALIAN TRADE

America will control the main
trae of the Southeastern Pacific, af-
ter the completion of the Panama
Canal The center of gravitation in
the commercial world will be chang
ed, declares writer in the London
Times, dealing with the effect on
trade likely to result from the use of
the new waterway. The general
benefits to the United States are thus
summarized:
"The point that concerns European
traders with the markets named is
that the Panama Canal will place
New York and the manufacturering
Eastern states of the American I'm
ion nearer to some OF these markets.
For Chinese ports the new canal will
give the United States no advantage
of position 1t will bring Hongkong
about $50 miles closer to New
York than it is now, but even so the
distance from England will be 1000
miles shorter by Suez. But the ca
nal will place Yokohama / 800 miles
nearer New York than to Liverpool
by the Suez route and it will give a
1000 miles advantage to New York
in relation to Melbourne. The new
order of things will favor New York
most in the trade with New Zea-
land, because it will bring Auckland
within $3.50 miles steaming distance,
while the route from English ports
lis 1850 miles by Suez and will be
1850 even with Panama. The effect
of the Panama Canal upon the i'm
port trade of Australia and New
Zealand will be that it will render
these markets much more accessible
to the manufacturing states of
America and viii therefore make
American competition more keen
in these colonial markets than it is
at present"
Australia will be first great coun-
try to come under the domination of
this country in it's campaign of COM
merce, and we read:
about 11.5 per cent of Australia's
| imports reach her from the United
States direct, the value of this pro-
portion being about G6,OOO,0OO annu-
ally. In addition to this, about &1,-
100000 worth of American manufac-
lures reach Australia through other
countries, chiefly Great Britain. We
may expect that the latter trade
or the greater part of it, will seek
it's destination direct and will no
longer reach the Australian ports via
Liverpool. This will mean a loss OF
revenue to the British ships at pre-
sent carrying the goods, and a loss
of profit to the British merchants
through whose hands the goods pass
on their way to the port of distribu-
ton. The effect thus anticipated is
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cent Genoves, Mrs. Charles it Frazier
and child, Arthur Gilman, Atherto1
Gilman, Walter Doyle, T. c White, pr
E. r. Marshall, H. w. Pogue, Mr.. ;mt
Mrs. Harry White, A. Setback, w. P
Kelley, Miss Edna Henry, Mrs. j
Farnsworth, Mr.. and Mrs. L. L. Drey
fus, Mrs G. F. Boremar and child
Miss White, Mr.. and Mrs. e. L. Pil
and child, Mrs. A. w. Adams, Mrs. e
Olmstead, H. w Knight, DR. George II
Huddy, Mr.. and Mrs. H. B. Perhallow
I. L Clark, VIM. Ljdgate, Mr.. and Mrs
A. N. Hayselden, Mrs. ]. 5. 3. Prat
and children, Ernest Gay, Mr.. ant
Mrs. Francis Gay, Mr.. and Mrs. +.
Baldwin and son, Miss V. AthertOn
Hermon Won Holt, Miss Mary Vol
Holt, Mrs. T. K. Beard, Mrs. A
Beard, Mr. and Mrs. w. F. Dlllinshan
Mr.. and Mrs. Fennimore, Mr.. and Mrs
H. G. Holmes, Miss P. B. Roberts, MIS-
]. B. Roberts, Mrs. ]. A. Gilman, S. N
Damon, Mr.. and Mrs. L. A. IhurstoI
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