The Panama Canal: A history and description of the enterpriseMills, J. Saxon (John Saxon)
Philosophy
The Panama Canal: A history and description of the enterprise
Mills, J. Saxon (John Saxon)
Panama Canal (Panama)
The value of every town lot and of every
acre of land of the 395,000 square miles of the province
will be greatly enhanced; town sites will be hewed out of
the forests, and the forests themselves--every stick of wood
of their 182,000,000 acres of forest and woodland--will be
increased in value directly, by reason of cheaper shipping
alone, to the extent of several dollars per 1,000 feet; and
in the items of lumber and wood-pulp alone the Panama Canal
will make as a free gift to British Columbia considerably
more than the United States is spending on the whole canal.
The mines of British Columbia, which have already produced
over L70,000,000, will leap forward with renewed prosperity.
Her fisheries, which have produced L21,000,000, will be more
extensively developed and, let us hope, be made again a
British asset--since they are wholly in the hands of the
Japanese, who not only send their earnings home to Japan,
but are criminally wasteful in their methods. The coal
deposits of the province, which promise to be the most
extensive in the world, will, with immense deposits of iron,
be opened to the world's markets. It is said that the
coal-fields of one small district in the Kootenay are
capable of yielding 10,000,000 tons of coal a year for over
seven thousand years, and a new district has been discovered
within a twelvemonth which the provincial mineralogist told
me on Christmas Eve was the most important economic
discovery ever made in British Columbia, where there are
known to be 1,000 square miles of the best of anthracite,
and which is probably the richest known anthracite district
in the New World west of Pennsylvania.[21]
The references to coal are especially interesting in this passage. It is
an evidence of the public alertness in this matter that the British
Columbian government has just appointed a special commissioner "to
investigate and report upon all circumstances and conditions incident to
the production and sale or other disposition of coal in British
Columbia."
Public-domain text, read in full here on John Shaqi.
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