From officials of the company I learned that they would welcome the opportunity to transfer their ships to American registry, except for certain requirements of the navigation laws which make such a change hazardous. Practically all the ownership of the ships is vested in Americans, but to fly the British flag is for them a business necessity. Chief among the objections is the clause which would give the United States authority to seize the vessels in time of war. It is quite evident that this power might be employed to the complete destruction of the Fruit Company’s trade; in fact to its practical extinction as a business concern. A like power existing in England or Germany would not be of equal menace to any single company flying the flag of that nation, for there the government’s needs could be fully supplied by a proper apportionment of requisitions for ships among the many companies. But with the exceedingly restricted merchant marine of the United States the danger of the enforcement of this right would be an ever-present menace. It is for this reason that the Fruit Company steamers fly the British flag, and the American in Colon may see, as I did one day, nine great ocean ships in the port with only one flying the stars and stripes. The opening of the canal will not wholly remedy this. [Illustration: _Photo by Carl Hayden_ THE END OF THE CROCODILE] In all respects save the registry of its ships, however, the Fruit Company is a thoroughly American concern and to its operations in the Caribbean is due much of the good feeling toward the United States which is observable there. In 1912 it carried 1,113,741 tons of freight, of which 359,686 was general freight, carried for the public in addition to company freight. This is a notable public service, profitable no doubt but vital to the interests of the American tropics. It owns or holds under leases 852,650 acres, and in 1912 carried to the United States about 25,000,000 bunches of bananas, and 16,000,000 bunches to Great Britain and the Continent. Viewed from the standpoint of the consumer its work certainly has operated to cheapen bananas and to place them on sale at points where they were never before seen. The banana has not participated in the high cost of living nor has one company monopolized the market, for the trade statistics show 17,000,000 bunches of bananas imported by rival companies in 1912. As for its stimulation of the business of the ports of New Orleans, Galveston and Mobile, and its revivifying of trade along the Caribbean, both are matters of common knowledge. [Illustration: ABOVE THE CLOUDS, CHIRIQUI VOLCANO]