The Calumet news. [volume] (Calumet, Mich.) 1907-1938, 1913-11-24

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other foreign nations expects TO prof
| il 10y the opening of the Panama canal.
Maritime experts here point out that
while the United States naturally
will receive the greatest advantage,
owing to its lack of ships II will not
! be in 4 position to profit 10y the great
increase i'm the carrying trade which
the German shipowners have fore"
seen and prepared for.
orders placed 10y three Of the lead
ing German companies for new Nes-
sells designed particularly for service
by way of Panama, large increase of
capital stock by the same companies,
and the announcement that the four
big lines now running To the Orient.
Australia and the Pacific coasts of
North and South America will be di-
vCrted to pass through the canal ms
soon as II is open to commerce. speak
plainly of the importance attributed
in this country TO the new waterway.
German authorities say that the Cf~
feet of the opening of the canal will
manifest itself chiefly in a great cont
merCial boom I'm western Canada amt
the Pacific coast states, from which
shipping interests generally will prof
il: i'm increased freights as result
of the opening of hitherto undevelop.
ropcan emigration to regions on the
western coast of South America stored
with raw material; i'm the diversion
and expansion of the streams of Eu-
ropean emigration to regions on the
Pacific Coast well suited to settle
ment but Of which the European emf
grant hitherto has had slight know.
edge; and, finally, in the opportuntv
offered To the industries of the Unit
ed States To compete under highly
favorable conditions In the markets
" the orient, western South America,
Australia and New Zealand
Count Reventlow's View
Though reluctant To venture definite
Brophesics in view Of the divergence
of expert opinion, Count Ernst ~
Reventlow, the well known German
naval writer and student Of American
Gently. 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 eN-
listing American trade conditions. The
west of the United States will exper-
fence "A strong business and CONNER
cial deN elopmeut The immigration
from Europe will probably turn itself
far more than before To the Pacific
Coast. now that the Immigrants are
! not deferred by the expense of the
! railroad journey from New York san
Francisco will lose its present import p
Gnce for the East-Asiatic trade but
in return score Il great gain through
It's new position i'm 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 bring an interesting
| political importance to the West In
dies and the Tonga Islands. which aio
owned by Great Britain. France and
Denmark. Insofar as these islands
| already possess harbors their import
| ance will be augmented either as
maritime bases or as ports of call
and their economic positions ana their
| commerce will bc greatly Increased
II is possible. too. that this develop
ment may create new political con
| stellatiuns and thereby give occasion
| for international friction
Shift Tide OF Immigration
"A very important factor tor the
! United States. aud. indeed, FOR, all
America. is, in my opinion, ;he immi-
, grafton from China and Japan. one
cannot doubt tina! the Panama canal
vii! divert This Immigration to the
ent whereas ii has heretofore been
| chiefly confined tu the west Here
too the purely economic Significance
| Of the canal is complicated with AN
earnest political factor, and the issue
| which mas heretofore been known only
| as the California question will make
| itself known i'm the cast. Possibly
| the yellow population of the IIa-
| Nyaiian Islands will increase still moro
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