Forest City press. (Forest City, Potter County, D.T. [S.D.]) 1883-19??, 1912-10-17
COMMERCIAL
INTERESTS TO GET BUSY

are extending their foreign facilities.
Their private business companies 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 to Investigate trade possi-
bilities.
4. In Japan three steamship COM
panies are building vessels for the
canal. japanese banks are considering
the opening of branches in Latin
America. A score OF Japanese manu-
featuring. exporting and importing
houses have numerous agents in Cen
trail and South America. One Chinese
owned steamship company is planning
to operate 81 line from Shanghai and
America. Australians commercial or
CARNATIONS are sending men to South
America to develop trade. while Aus
tral1a and New Zealand are planning
to establish a canal steamship line OF
their own.
A new line of freight vessels is to
run from Calcutta or Bombay to
South America. Canada will run two
new direct ines respectively from
Vancouver and Montreal to the cor
responding coasts of Latin America.
5. The west or Pacific coast Of
South America. reaching 5000 miles
south from Panama, is showing great
preliminary activity. Chile. Peru and
Bolivia are spending $50, 900. 900 in
opening up their interiors with rail-
ways. Chile is building. at Valparaiso.
a new artificial harbor to cost $15.-
O0O. 900. Guayaquil. the principal
port OF Ecuador and one of the best
harbors on the Pacific ocean, is to be
made sanitary at 81 large expense.
tCallao. the chief port of Peru. is being
Improved. On the east coast the ac-
tivity is even greater. for both Argen-
fipn md ~, ~..Sl1 ~,,n,, n~>.N.
$50. O00. 900 in port improvements at
Buenos Aires and Montevideo. respec-
lively. Brazil is putting in first class
condition every port along her 5000
miles of coast line from Rio Grande
do Sui In the south to Para at the
million dollars are being expended In
constructing new railways into tho
interior of Brazil. Venezuela. and
Colombia. Central America. Mexico.
Cuba and the other West Indian coun-
tries are awakening also to the sig
and are sending agents and appoint
ing commissions to study the situation
as it affects them.
Must Redoubie Our Efforts.
The conclusion of Director General
Barrett, after this review, is summed
up In the statement that. while the
United States government and some Of
terests are doing much to get ready
for the canal and to develop. Pan
American trade and deserve great
credit for what they are doing, they
must in view of these facts redouble
n extend their efforts. Otherwise
they will tail the International race for
the trade of the Panama canal and
Latin America. They must make their
slogan from now on without any let
Get ready for the Panama canal
and go after Pan American com
MERGE" II this report excites new
interest and desire for further infor-
nation. the Pan American union, at
Washington, as an official organization
maintained by the United States and
other American governments. stands
ready to supply full data regarding the
commerce n progress of the 20 Latin
American countries and the possibili-
ties OF the Panama canal.