The Panama CanalHaskin, Frederic J. (Frederic Jennings)
History
The Panama Canal
Haskin, Frederic J. (Frederic Jennings)
Panama Canal (Panama)
The transcontinental tonnage now handled by the railroads, which
ultimately will go by the canal, aggregates 3,000,000 tons a year. The
seaboard sections of the United States, of course, will benefit more
largely than interior points, for the reason that interior points will
have to take a combined rail-and-water route. This will involve
railroad transportation and transhipment of cargo, also rehandling
charges. After the canal is opened it is probable that the railroads
will prefer to supply the intermountain States directly from eastern
sources, instead of maintaining the existing policy of giving low
rates to Pacific coast cities, so as to give them dominance over the
shipping business of the intermountain region. The total
coast-to-coast traffic of the railroads is said to approximate
one-fifth of the entire traffic carried across the Rocky Mountains.
Only one-third of the through traffic of the transcontinental lines
from the East to the West originates east of a line drawn through
Buffalo and Pittsburgh. It is this third of the westward business that
will be affected mainly by the operation of the canal.
[Illustration: INTERNATIONAL SHIPPING ROUTES]
The principal effect the Panama Canal will have in the readjustment of
the trade map of the world is not, perhaps, as much in changing
existing routes as in creating new avenues of business. In every
region where there is promise of unusual benefit by reason of the
opening of the Panama Canal, an effort is being made to capitalize the
advantages to be derived therefrom. The west coast of South America
feels the stimulus of suddenly being brought thousands of miles closer
to the best markets of the world, and anyone who travels down the
coast from Panama may see at every port signs of a determination to
reap full advantage of the new opportunities.
Even Guayaquil, a city that for years has been a hissing and a byword
to the masters of all ships plying up and down the west coast because
of its absolute indifference to all requirements of sanitation, has
prepared for a campaign of cleaning-up, in order that it may become a
port of call for all the ships passing that way. Heretofore, masters
of ships, in order to comply with quarantine regulations elsewhere,
have given it a wide berth whenever possible.
Chile, Peru, and Ecuador--all three have caught the spirit of the new
era which a completed canal proclaims, and are striving to set their
houses in order for the quickened times they see ahead. With the
Central American Republics it is the same. Handicapped as they are by
revolutions that sap their life-blood, or dominated by rulers who have
no other object in governing the people than to exploit them, these
countries still hope for much from the canal, and new activities are
beginning to spring up in every one of them.
Public-domain text, read in full here on John Shaqi.
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