Albuquerque evening herald. [volume] (Albuquerque, New Mexico) 1911-1914, 1913-10-23
JAPAN EXPECTS THE
!. CANAL TO PROVE
GREAT BOON
Island Nation Is Making far
Reaching Plans TO Grab
Every Opportunity Of Com
merce Offered BY New Wat
erway.

erway.
ny Lcnscd Wire 20 Evening Ilornla.s
Toxic. Japan. Oct. 2z.--Japan
expects 10 make long strides
In her foreign commerce az q result
OF the opening Of tho Panama canal
The ports on the eastern coast OF
both South and North America arc
at once opened up rs her export
trade, and everything possible will DO
done to find markets there for lap
anese goods
The present trade routes from jap
an to European ports hy way Of tho
sues canal will not be affected by the
operation Of the Panama route. lap
nnese stenmcrs wilt continue running
BY way Of suez, for they are thereby
enabled 90 pick up freight az many
ports on thc wey IN China. India and
In the Mediterranean. Hence u has
been decided here that Il will be un~
profitable SO divert steamships to
Europe By way Of Panama. az no
freight can be delivered or obtained
In the long stretch acroes the Pacific.
But new lines .of steamers eventually
VII be sent to New York and 10 the
eastern coast Of south America.
whore japan hopes TO ind big mnr-
kots for her china and iacquercd
ware, her straw mattings and straw
bralds. AZ well as her teas. and at
the same time increase her markets
for raw silk.
Another Important result OF the
opening OF the canal will be the d.
version OF much OF the freight which
now In transported 10 points on the
Pacific slope OF the United states. and
thence shipped by rail- 10 eastern
states. A considerable economy In
freight charges will be effected hy
either dispatching this merchandise
direct To New York from Japan By
steamers. or sending Il round frem
San Francisco, after Japanese steam
ere have called al the Pacific metro
polls
An exhaustive study OF the effects
OF the Panama canal on japanese
maritime commerce. both for the
present and the future. has just been
completed by the ministry OF COM
merce. The departments experts
ngure that so per cent economy
will be made by shipping direct TO
New York By steamer. instead Of
sending Il across the continent by rail
from the Pacific coast II II unlikely.
however. that any change viii be
made In the manner Of shipping raw
SILK, Of which the exports go the
United states amounted 10 $4,000
geo last year, as on account OF In
terest charges merchants VIII desire
their payments a. quickly AZ posi-
BILE. Al the same time the lower
cost OF freight will enable Japan "a
import from the United States more
raw cotton. machinery and locomo-
tives.
Another important benefit TO Japan
will be that Of permitting her 10 send
direct 10 Brazil. and later possibly q
other countries, japanese emigrant'
who are expected to go 20 South
America In increasingly large mum
bers Five thousand laborcrs were
sent 10 Brazil last year; three thou
sand we're transported this spring
and an additional three or four thou
sand departed during the month OF
september--an 90 labor In the cotfc,
fields Of Brazil. The steamers car
rying these cmigrants now pass by
way of tho Suoz canal. They VIII SO
by Panama as soon as the new water
way Is opened.
The Japanese government Is nov
considering the question Of Increased
subsidies for Japanese steamship
lines which would permit the build
ing OF additional steamers for the
Panama route. The three great Jap
anesc companies are tho Togo kiser
Kalsha. the Nippon Yusen Kaisha and
the osaka shosen Kaisha. All OF
these concerns are now building al
ditlonai vessels. most Of which are
destined for the Increased commerc'
90 European points. II, as scent
Ukeiv. the government VIII Increase
tho subsidies. Il IN probable that steps
win be taken 10 lay down ships which
will sail 20 new markets la the west
ern hemisphere.
To sum up the situation. Japan ex.
pects 20 benefit greatly IN CONNER
cinl sense, from the opening OF th'
Panama canal AZ years go ON, sh'
oxpccts 10 occupy an increasingly am
portant place In the estern markets
aud hence a greater position in th'
worlds commerce. Manufacturing u
steadlly developing In the Industrial
cerders OF Japan. and the empire cas-
ily can supply additiuhal world mar
kets Increased exports mean IN
creased gold supplies, and gold Is IN,
metal Japan needs ia build up ano
strengthen herself at home. ana q
care FOR the growing wants OF an IN
creaslng population that Is ALREADY
sixty millions.
The pOpulation-is apsmenting reg.
ulaiy al the rate OF SIX hundred
thousand "a year, Many of these PEG
pie will hnd homes In Korea; some
will 20 10 Manchuria. ana some !,
Formosa. and still many others WI
End employment In the growing rae
tories of the empire. The Panam'
canal looms wp as welcome soiu
ton Of Japan's economic problem. y
promises increased markets. ana o
wni carry south America great mum
beers of japanese, who are unable y
ana the means of livelihood az home
Pound sale.
on Friday. the gath day Of october