The daily star-mirror. (Moscow, Idaho) 1911-1939, 1922-02-13
i. s. LEADS IN
PANAMA TONNAGE.
New Record Made, With Britain,
Japan and Norway Follow
ing in Order.
GROWTH DUE TO COMPETITION
Ships of Four Nations Carried 80 Per
Cent of Tonnage Which Moved
Through Canal During the
Last Fiscal Year.


WESTINGHOUSE Ships of four nation.
carried so per cent of the approx
mately 100000 tons of cargo which
moved through the Panama canal dur
ing the fiscal year ended June 80
1921.
American vessels led all others with
a total of 5,1G3,000 tons, establishing
new record by increasing the total
tonnage Of the PREVIOUS high wears by
615,SS5.
British ships were second and sur
passed even the high mark of 1917,
their last banner year. They reached
a total of 3,73S, 25O tons.
Japan and Norway took third and
fourth places with 75S.6OO and 637 $50
tons, respectively. Norway dropped
below its figures for 1913, but Japan
scared to new heights. exceeding her
last high mark by 1920 tons.
Result of Competition.
These unparalleled increases in com
merce moved through the waterway
by the four nations are attributed by
Gov. J. J. Morrow of the Panama
canal, in his annual report to compe-
tition so keenly developed that it re-
Gufres use of the quickest routes.
almost one-third of the total ton
mage handled" the report saws. "was
so strongly competitive that prompt
and complete service may have been
the determining factor in the choice of
the Panama route. In many of the
trades served by the Panama canal,
the saving of distance, and hence of
time, by the use of the canal is so
great that shipping could hardly af-
ford to use any other route"
Of the nations which shared in NOV
ing the remaining II per cent of ton
mage the most important were Den
mark, Holland, SPAIN Sweden, France
and Peru in the order named.
"The most important trade route
served by the canal" the report adds,
''was that between the east coast of
the United States and the west coast
Of South America. Others of the prin-
'ipai routes We're those from the east
coast of the United States to the far
EAST and between the west coast of
America and Europe"
Gov. Morrow points to thee double
,alue Of the canal to the United States
n addition to the quick service II
lives American ships from coast to
cast and in the world trade routes
here is, he said, constantly increas-
ng revenue which comes to the nation
rom tolls collected
"In terms of money the Panama |
anal" the report asserts. 'had gross |
evenues of more than $4,000. 600: in |
reased investment, additions. stock I
to-. of $4,000 600 and gross operating |
expenses of 1914. 100000" The excess
f revenues in the last fiscal year. the
aport shows, was 50. $50. 900 more than
" interest on the capital cost of the
'aterway
Big Railway Revenue.
The Panama Railroad company, ac-
lrding 10 the report, had gross reve-
ne of approximately 500 100000. al
crease in investments in capital adj
tions Of $1.500000. while the gross
oerating expenses were $4,000 600
! June 80 last. Cross revenues of
II Panama Railroad Steamship line.
the same time, were S5,156,446.
lille operating expenses for the fiscal
,ar totaIed $685.. 1857.
Legislation to increase the revenue
elected from tolls is asked by the
,vernor, who points out that the
esent system IS to assess tolls on
e basis of 81 20 net ton. according
Panama canal measurement, "un-
SIS this would result in rate of
ore than S125 net ton. according
United States rules of measure
pntn
Under this dual system tolls col
tied amounted to S11 ,276.S99 which
ST ,937021 less than would have been
llected if Panama canal rules only
ire used' he adds. SPEEDY enact
ant of a law establishing the single
lndard is urged"