The sun., 1919-09-01
GREAT RICHES IN PANAMA
AWAITING ALL WHO SEEK
Natural Resources Practically Untouched, While SIM
plest Necessities Are Imported Ex-Judge Jackson
Tells of Opportunities

| republican form OF government. SO that
there need be no fear OF revolutions or
political uprisings such as tend so much
TO deter the investment of capital In
some other countries.
Panama Is rich In timber lands Of all
Kinds. including mahogany and certain
native timber which is the heaviest and
most durable have known. Much of
this growing in the vicinity OF the canal
has an easy access to the seaboard. II
offers exceptional advantages over all
kinds of agriculture where the climate
and the frequent rains would require
minimum amount OF labor.
Sugar cane IL easily produced, and be-
fore the days of prohibition the manu-
facture of native rum was a profitable
business. For cattle raising and the
growing Of all kinds Of vegetables and
tropical fruits 1t Is equally advanta-
geous, likewise with a very small amount
Of labor. Its resources in minerals and
oil have never been touched, but Il Is
believed they exist and can be found and
developed.
Labor Question solved.
Native labor is very cheap, but, as
might be expected, careless and indolent.
This seems natural in warm countries,
where nature Is most prodigal and where
cient for the very simple wants of the
working classes. But IL necessary for
eign labor can be brought in for indi-
Vidual enterprises, Just as it was for the
construction of the canal
The only obstacle that occurs to me
may be the possible uncertainties or in
conveniences in the acquisition and i'm
provement of lands. As Is well known,
all private property within the ten mile
strip of the canal was declared necessary
for canal purposes by an executive order
Of President Taft. This was considered
important for military purposes. but az
the same time the passing of this prop
erty to the Government prevented tho
possibility of the building of privately
owned manufacturing plants and large
warehouses along the canal strip. which
undoubtedly would have sprung up for
the purpose of supplying ships passing
through the canal
If concessions could be obtained from
the Government for this purpose IL
would furnish splendid opportunities for
manufacturing, warehouses, and posi-
bly, ship repairing enterprises.
Outside Of the ten mile canal strip and
within the Republic of Panama proper
some uncertainty and hesitation has ex-
listed in the acquisition Of lands and their
Improvement by reason Of the provisions
Of the canal treaty, which provides in
effect that the United States may OF any
time appropriate any lands II deems
necessary or convenient for canal pur-
poses, paying therefor the value Of such
lands as Of the time Of the treaty in
1908.
While II has been uuggested that the
future application of this principle to
land In the interior, remote from the
canal, would serve as a serious deterrent
% their purchase and Improvement and
the consequent development of the coun-
try, am of the opinion that this appar-
ent objection might be overcome by an
understanding or agreement with the
Government of the Panama Canal 50
that purchasers might know in advance
either that their lands would not be de-
manded by the Government or that a
fixed price might be agreed upon in the
event Of such contingency.
1t will be noted that the provisions OF
the treaty giving the Government the
right - appropriate on the basis of 1903
values do not include its right to acquire
property by private agreement which
has often been done.
look for a brilliant future for Pan
ANA when It's resources and the oppor-
tunities afforded are fully understood
and appreciated by foreign capital.