The Bridgeport evening farmer., 1913-11-24

of conditions or Q new epoch for
 the German maritime industry. On the other hand, the canal will have
 none of the economic or other draw backs for Germany, which it will have for other nations, for example, Great
 Britain and Japan. & The fu1 economic signidcance of the Panama Canal will make itself apparent only gradually. At first we may expect a hot competition be- tween a number of steamship lines. The survivors will have the commerce in their hands Only the Attest will survive Apparently all the great steamship companies of the world are preparing for this battle.
 Facing as it does both oceans,' concludes Count Reventlow, ''the United States will profit doubly from
 the opening of the canal connecting them, but it needs above al, to take
 advantage of this, ships and lots of
 them, but it needs above all, to take
 CT become the rival of the Atlantic,
 an ocean of equal importance. The world and its commerce will continue to center around the Atlantic the commercial center of gravity will never be moved to the Pacific, though a second center may be created there In my opinion the most important re-
 suits of the canal will be manifested in the political consequences which will ensue when the business worlds,
 the industrial life of the East and
 West, the North and South of the American continent are drawn near CT, perhaps even joined firmly into an economic whole
 A Ballin, general director of the Hamburg- American line says that it is almost impossible to foresee the ef- feet of the opening of the canal upon the commerce of the world. The plans of his company include a line from New York to Valparaiso via the can a fnT- ioIa 4@r1,, steamer was contracted for some time ago. A new service from China and Japan to. Honolulu, Portland, Seattle and San Francisco has been instituted in view of the expected boom on the Pacific Coast. The capital of the company was last year increased by 6,25O. .O00
 Three of the smaller Hamburg com pan1es are equipping themselves to get their share of the expected new business The German-Aust stralfan and the Cosmos lines have decided to establish a joint service to Honolulu, which will be routed through the can al as soon as it is finished and the South American Shipping company has increased its capital by g, 300, 900 to build two big triple-screw steamers.
 The Hamburg Americans big rival, the North German Lloyd of Bremen, has made no announcement yet re- garding it's Panama plans, but its managing director, Philip Heinekin, has spoken so optimistica11y about the great openings for German commerce on the west coast of America that there is no doubt Of the company's intention to be nowise behind the Hamburg companies. MT. Heinekin believes that the canal will open a big market in the Orient for steel, iron, woolens, cottons and other products of American industry but that the United States. owing to lack of ships, l will be in no condition to take ad- I of it, The lines to the south ern ports of the United States, by which the company has endeavored i to divert the.s stream of emigration from the over-crowded industrial North to the agricultural South of the United States will be extended, he indicates, to Pacific ports through the canal r