South America -- Description and travel; South America -- History
When the shipping of the world goes through the Canal, it will have
direct access to a remarkable coast line which heretofore has been so
isolated that it could only be reached from the eastern part of the
United States and the western part of Europe by the long journey around
South America. The coast line which is made immediately accessible by
the Canal reaches for eight thousand miles from the California-Mexican
line south to Cape Horn, three thousand miles from Panama northwest to
San Diego in California and five thousand miles south from Panama to
Punta Arenas. This coast, without the Canal and in its isolated
position, conducts now an average foreign commerce valued at four
hundred million dollars ($400,000,000). With the opening of the Canal
this should be doubled or trebled in the next ten years. It is a safe
prediction that the Panama Canal will have the same influence upon the
western shore, comprising the following countries: Mexico, Salvador,
Nicaragua, Costa Rica, Panama, Colombia, Ecuador, Peru, Bolivia, and
Chile, which the construction of the transcontinental railways had upon
the Pacific coast of the United States. The fact that their population
and their commercial and industrial development to-day is somewhat
limited is no argument against their possibilities in the future. There
was a time when the best experts and judges in the public and official
life of the United States declared that the Pacific coast of the United
States was not only of little value but never would be of great
consequence. There were, however, some wise men like Seward who
recognized the mighty potentialities of our Pacific coasts and of the
Pacific seas. There is every reason to believe that western or Pacific
Latin America, in view of its varieties of resources and climate, will,
under the influence of the Panama Canal, experience a development and
progress that will astonish the world.
Public-domain text, read in full here on John Shaqi.
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