New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-11-24
Orders Already Placed by
Leading Steamship Com
panies for New Vessels.
BIG BOOM EXPECTED
IN WESTERN. CANADA
Great Commercial Development
Predicted for Pacific Coast
States of This Country.

other foreign nations expects to profit by
the opening Of the Panama Canal. Mari
time experts here point out that while
the United States naturally will receive
the greatest advantage. owing to It's lack
OF ships II will not be in a position to
profit by the great increase In the carry
ing trade which the German shipowners
have foreseen and prepared for.
Orders placed by three Of the leading
German companies for new vessels de-
signed particularly for service by way
OF Panama, large increases Of capital
stock by the same companies. and tho
announcement that the four big lines now
running TO the Orient. Australasia and
the Pacific coasts of North and South
America will be diverted to pass through
the canal as soon as II Is open TO COM
merce. speak plainly Of the Importance
attributed in this country to the new
waterway.
German authorities say that the effect
OF the opening OF the canal will manifest
itself chiefly in a great commercial boom
in Western Canada and the Pacific Coast
states. from which shipping interests gen.
orally will profit In increased freights as
a result OF the opening OF hitherto unde-
veloped or slightly developed states on
the western coast OF South America
stored with raw material In the diver
sion and expansion OF tho streams OF Eu-
ropean emigration to regions on the Pa
cifc coast we'll suited to settlement. but
of which the European emisrant hitherto
has had slight knowledge; and finally.
in the opportunity offered to the indus
tries OF the United States TO compete
under highly favorable conditions in the
markets OF the orient, western South
America, Australia and New Zealand.
Count Reventow's Opinion.
Though reluctant to venture definite
prophecies. IN view OF the divergence OF
expert opinion, Count Ernst zu Revent-
and student OF American conditions. re-
viewed the subject recently as follows:
There is no doubt but that the United
States will derive the greatest benefit
from the canal. Furthermore. there will
follow great changes in existing American
trade conditions. The most important re-
suit. from the German viewpoint. is that
the American Fart and the American
West will be brought much nearer TO each
other The distance between San Fran
cisco and New York will be shortened
more than 5000 miles.
THE West OF the United States will OK
perience a strong business and CONNER
cial development. The immigration from
Europe will probably turn Itself far more
than before TO the Pacific Coast. now that
the immigrants are not deferred by tho
expense OF the railroad Journey from New
York That separation OF the East from
the West OF tho United States existing
up TO the present In the business field
will gradually disappear, making tho
United States. commercial and business
whole. and I'm this way much stronger.
San Francisco will lose its present impor-
lance for the East-Asiatic trade, but In
return score a great gain through Its new
In the trade with the western
United States and with the western states
OF South America. Here. on the west
coast OF South America. lies the greatest
Importance OF the canal for the United
States, and this Importance will manifest
itself not only economically but probably
In the political field as well.
THE canal will make the United States
a very dangerous competitor OF all nations
TIM. eneaRe in commerce with the South
American and Central American states,
for It's position will become. through the
canal. even more favorable than II was
Tho Same is true as to the Far East and
Australia Tho canal will also prove the
strongest competitor Of the American rail-
yNoda