It should, however, be remembered, of this great undertaking when its failings are noticed, that it has rendered very important services in developing British commerce and that, in bringing so many civilizing influences to bear upon the people of various republics, who, from their constant warfare with each other, were little better than tribes of semi-barbarians, the Pacific Company has essentially aided the cause of progress and the happiness of mankind. These advantages will be felt long after its mishaps are forgotten. The field which the directors have chosen for their operations, is still only very partially developed, and there is, consequently, a great future for this company, if wisely and prudently conducted. It requires no prophetic vision to see that, as the commerce of the world moves westward, the principal highway to the ever envied and far famed East will be by the route which Columbus sought in vain across the Pacific Ocean. Indeed, San Francisco will soon be a greater entrepôt for trade than ever Venice was, and may, even before long, rival in many respects the now gigantic commerce of Great Britain. [Sidenote: Trade with Mexico.] The steady increase of trade along the whole of the western shores of the Pacific has already rendered necessary greatly increased means of intercourse with Europe and the United States of America, which the line of railway across the Isthmus has assisted to develop with extraordinary rapidity. Other channels of trade in that quarter have likewise been recently opened, rich in themselves and capable of vast extension, through the medium of steam. [Sidenote: First line of steamers from Liverpool to Chagres.]