The Panama CanalHaskin, Frederic J. (Frederic Jennings)
History
The Panama Canal
Haskin, Frederic J. (Frederic Jennings)
Panama Canal (Panama)
With the dirt moving, came the question of the cost of making it fly.
By eliminating a bit of lost motion here and taking up a bit of waste
there, even with the price of skilled labor fully 50 per cent higher
on the Isthmus than in the States, unit costs were sent down to
surprisingly low levels. For instance, in 1908 it was costing 11-1/2
cents a cubic yard to operate a steam shovel; in 1911 this had been
forced down to 8-7/8 cents a yard. In 1908 more than 18-1/2 cents were
expended to haul a cubic yard of spoil 8 miles; in 1911 a cubic yard
was hauled 12 miles for a little more than 15-1/5 cents.
Some of the efficiency results were astonishing. To illustrate: One
would think that the working power of a ton of dynamite would be as
great at one time as another; and yet the average ton of dynamite in
1911 did just twice as much work as in 1908. No less than $50,000 a
month was saved by shaking out cement bags.
It was this wonderful efficiency that enabled the United States to
build the canal for $375,000,000 when without it the cost might have
reached $600,000,000. In 1908, after the army had been going at
regulation double-quick for a year, a board was appointed to estimate
just how much material would have to be taken out, and how much it
would cost. That board estimated that the project as then planned
would require the excavation of 135,000,000 cubic yards of material,
and that the total cost of the canal as then contemplated would be
$375,000,000. Also it was estimated that the canal would be completed
by January 1, 1915. After that time the amount of material to be
excavated was increased by 97,000,000 cubic yards, and yet so great
was the efficiency developed that the savings effected permitted that
great excess of material to be removed without the additional expense
of a single penny above the estimates of 1908, and in less time than
was forecast.
Public-domain text, read in full here on John Shaqi.
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