New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-09-20
RUSH FOR CANAL TRADE
All World Straining Every
Nerve, Says John Barrett.
CALLS ON U. S. TO HURRY
Head of Pan American Union
Summarizes Extraordinary
Plans That Are Afoot.

such energy is being exerted by Euro
pean and even Asiatic governments and
commercial interests to get ready FOR the
opening OF the Panama Canal and de-
Velop business relations with the various
Latln-American republics that the United
states must hurry within the next eigh-
teen months before the water goes through
the big ditch or tail the international
race for the Spanish American trade.
says John Barrett director general Of the
Pan American Union.
Mr.. Barrett has been studying condi-
tons abroad. and he summarizes them in
his official report, as follows:
J. Every important port Of Great Brit
ain. France, Germany, Holland. Belgium,
Scandinavia, Spain. Italy and Austria IL
oeing Improved TO the highest degree OF
efnclency for oversee commerce
:. Every European shipbuiIdIng ward of
recognized standing is busy to It's capac-
lty constructing oceangoing merchant
vessels: old established steamship lines
are adding up-to-date vessels to their
formed and ordering ships.
3. European governments are instructing
their diplomatic and consular agents to
STUDY and report upon every phase OF
trade opportunity expected TO result from
the NhDdi. nelr cndnDefS or commerce
ana their commercial organizations are
cooperating along the same lines
ana the business schools are educating
trained men for tho field Govern
ment officials and representative men
IN private life are showing particular
hospitality and courtesies to the visiting
representative men OF Latin America and
all the other countries whose trade they
want. Their banking and investment
houses are extending their foreign faci-
hot prfNs htfu Mi ng
OF already large established trade and
their new companies are sending agents
and scouts TO Latin America and all parts
Of the world affected by the canal 10 in
Vestgate trade possibilities
T. In Japan three steamship companies
are building vessels for the canal. Japa-
nese banks are considering the opening OF
branches In Latin America. \ score OF
Japanese manufacturing. exporting ana
importing houses have numerous agents
in Central and South America. one
Chinese owned steamship company is
planning to operate line from shang-
hal and Hong Kong to Central ana South
America Australians commercial Organi-
cations are sending men 10 South America
to develop trade, while Australia and New
Zealand are planning 10 establish canal
steamship line OF their own. y new Inc
OF freight vessels IL TO run from Calcutta
VIII run two new direct lines respec-
lively from Vancouver and Montreal 10
the corresponding coasts OF Latin
America. $500,
>. The west or Pacific Coast OF South
America, reaching 800 miles south from
Panama. Is showing great preliminary
activity Chilli Peru and Bolivia arc
spending 100000 IN opening up their
interiors with railways. Chill is building.
at VALPARAISO. new artificial hnrhor 10
cost tl5. 60 O0o Gayaquil, tie principal port
Of Ecuador and one OF the best harbors
on the Pacific Ocean. is TO be made SAM
tarv at a large expense. Callao. the chl'l
por, ~ Peru. IS being improved ON the
east coast the activity is even greater, Tor
both Argentina and Uruguay viii spend
nearly 100000 in port improvements az
Ruenos Ayres and Montcyideo. re-pec-
lively. Brazil r. putting In hrst class con
ditlon every port along her 700 miles or
coast line from RIO Grande 30 SUI. IN th'
south 10 Para at the mouth of inc
Amazon. one hundred million dollars y
being extended I'm constructing new rall-
vevs into the interior Of Brazil. NeneL-
uela and Colombia. Central Amerl'a.
Mexico Cuba and the other West moan
countries are awakening also 20 ne EiRhl,
acance and possibilities % the canal ana
are sending agents and aupointinR com
missions 20 study the situation as II AZ
facte fh0ru