Proceedings of the Pan American Commercial Conference February 13 17 1911

Cover Proceedings of the Pan American Commercial Conference February 13 17 1911
Proceedings of the Pan American Commercial Conference February 13 17 1911
Dc Pan American Commercial Conference 1st 1911 W
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Today the whole world needs and will use the canal. I say this after having rounded the world twice and after having studied trade currents in the highways and the byways.
For years, and until recently, it was thought by many that trade and transpor- tation in the zone between and including Hongkong and Suez a zone over 6400 miles wide would not be affected by the Panama Canal. This because the dis- tances from Calcutta, Bombay and Singapore to New York are respectively shorter from 4500 to 700
...0 miles by the Suez than by the Panama route ; and also for the reason that the distance from Hongkong via Yokohama and the Panama Canal is only 378 miles shorter than by the Suez route. With a distance of only 378 miles involved in a passage of 11, 580 miles, it did not seem likely that a strong current 183 of trade would be deflected from its old and fixed course. Looking at the tables of comparative distances there seems to be no temptation for steamers to use the Panama Canal in passing between New York and the ports of Calcutta, Bombay and Singapore.

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