The Calumet news. [volume] (Calumet, Mich.) 1907-1938, 1913-03-25

! totals stated above. the relative
proximity of Panama To New Orleans
or New York plays but small pan :
in determining the sources of supply
of these west coast countries as Il
whole. Most of the freight from the
| United States, as from Europe.
chooses the route through the Straits
of Magellan. The distance To these
west coast ports via this route is
from New York only 367 miles less
While from New Orleans IL is for.y-
nine miles more than from Liverpool
Examination shows that although
england and Germany both hold a
! larger proportion of the trade than
the United states, the share of each
Of them is declining Grom 81 TO 100
per cent for the former and 25.1 10
al per cent for the latter. while
the United States has seen an increase
of business from 1i.5 to 1913 per cent.
France. Belgium and Italy together
hold less than onc-siXth of the trade.
and there has been no increase in per-
ccntaSe except IN the case of Bel
gium, which shows a slight gain
The figures FOR the separate COM
panics of this group do not reveal any
tendencies materially different from
those shown by the table for the four
countries combined. Chiles total i'm
ports from the United states and
Europe, which averaged S27,i20,00O per
annum for the period 1S97-l90l. rose
To s63 10000 for the years l901-l9tl.
Enrlands share has decreased from
49, per cent to i2.9 per cent, and Ger
many's from 25.9 per cent to 2i.7 per
cent I'm the same time the United
states has Increased its share FROM
ll.5 per cent To li.3 per cent In
Peru the imports have similarly in
creased from total of $9.300.000 to
SlS,9a5,OO0 The share coming from
England has been reduced from 49,
per cent To 1876 per cent, ana Ger
many has suffered a falling off from
rs per cent to l7.5 per cent. TIL,
United States, on the other hand. has
raised It's percentage from 1873 per
cent To 29.l per cent, now occupying
second place among the competitors
i;cuadors imports are very small, bat
they reveal the same tendencies. OF
n total import of S3,92O.000 from five
years iS97-i90l. the United Kingdom
supplied 1873 per cent. and Germany
l2.i per cent. For 1907-l9l1 the total
had grown to S5.6Oj.OOO per annum.
but l;nglanI's share of this had fallen
to 1913 per cent while the share of the
United States had risen to 80 per cent,
being now but slightly behind Eng
lands and approaching To- double that
of Germany's.
Caral Will Bring Change.
The opening of the Panama canal
will effect Il profound change in the
relations of the competitors with
these coast countries. With It the
United States will have an all-sea
route which will be from 100 to 5000
miles shorter than routes from Eu-
rope. II the canal toll does not exceed
81 per net registered ton the saving
IN ircigats and the expediting of
commercial transactions will be so
great that practically all American
goods going to these countries viii !
probably choose tho Panama and |
the Magellan route. Even !
with a toll of Sl.2j per ton. only tho |
trade with southern Chile from VAL |
paradise southwark will he likely to |
continue 10 use the Magellan route. |
The volume of trade will unquestion-
ably increase rapidly and the growth |
Of the American share of IL will he
even more marked. IL cannot he
more than u few years before it will |
have passed both Englands and Ger
In completing his survey. Mr..
Hutchinson says.
THE general conclusion which
must be drawn from this analysis of
american and European exports to
the countries which will he affected
by the opening of the Panama canal
~ that the position of the United
states Is peculiarly strong one.
Even without the canal. without a
marine. without extensive
direct banking connections, and in
spite of inexperience. on the whole.
as an exporter of manufactured
goods America Is more than holding
us own In most of the groups of
countries considered In Central
America. Colombia. Mexico and the
Philippine islands the advantages
are such that the canal will merely i