The Daily Missoulian., 1911-06-08
The Panama Canal
"A New Commercial Map.
Nv Frederic ], Haskjn,

now the company IL considering the
advisability OF enlargfng the canal or
constructing another parallel to 1t.
The transcontinentnl tonnage now
handled by the railroads, which ulti-
natey will go by the canal, is heavy.
Likewise the amount of commerce
which now goes around Cape Horn or
through the Straits oflMaEellen Is very
large. Add to this the tonnage that
VIII. under n readjusted commercial
map, pass through from Europe and
Asia and II VII aggregate an amount
probably IN excess of any other canals
highest record But even then there
IL other tonnage to be considered.
When the South and central Ameri-
can republics are given stable gov
ernments, by one process or another,
capital VIII flow into, them in vast
golden streams. and the result will be
a new tonnage of proportions probably
equaling that now existing. Built on
scale that viii accommodate a total
Of 100000 tons, II ymei may be as
suned that II will be many a long
year before additions viii be needed
nj Panama. but n the history OF canal
operation repeats itself. 1t is probable
that ouch n time may come earlier
than men think. If II does come,
however. with an $4,000. 900 a year In
come from It's operation. Uncle Sam
would scarcely object to making any
additional cnlargements commerce may
demand.
The canal probably VIII bring into
being two important commercial cities
at It's two ends. and although they will
bear the old names OF Colon and Pan
anna, they viii be in fact new cities.
The chief business Of these towns will
be to cater to the needs Of tho ship
ping that viii seek the passage of the
canal, and their present cotsmopoli-
tan character will be intensified.
Unfortunately. the Immediate future
OF these towns is gloomy. The I'm
mensc amount of money expended here
for construction work has brought
about boom prices for everything.
When tho construction work is fin
ished. and In the years before the bus
mess of the canal has so adjusted It.
self to support other lines of trade.
one wonders what the people of Pana
H't hHu Noipu VIII wv " StuNc OH
bankruptcy.
The chief interest IN the canal to
the American citizen attaches to the
fact that It Will reduce the distance
by water route from Atlantic to Pa
cific ports by about 1900 miles A
vessel of the speed of the battieship
oregon. to whose wonderful trip around
Cape Horn the Panama canal is a
ocean to ocean In ~ days when the
canal Is opcn Nhercas Il now requires
65 days for the journey around the
Horn.
''Thc Land Divided; the World
United is the legend on the escutch-
con OF the canal diggers. In less
than four years from now the canal
will be finished. the world will be
smaller. and the entire commercial
map OF the globe 'will be ready for
revision ,'i
| Built to serve the whole human race
| In general and the people of the United
States In particular, the Panama canal
viii perhaps do more than any other
one agency to hasten the day of the
federation OF the world In the parlia-
ment of man" II Will promote peace.
aid commercial intercourse and add
immeasurably to American prestige
| and American usefulness
Tomorrow-Studying the Weather.