THURSDAY SEPT. 80, 1926
OUR PANAMA CANAL
DITCH AT SUEZ
U6.TRA PACIF
Co?nmerce.
P
By JUDSON C. WELLIVER
One of the striking evidences of
America's rapid rise toward commer 4*1
and Industrial leadership of the
vwld. Is the Panama Oanal. will alasost
certainly handle more freight la
UN than will Suez. For several years
tfca two canals have been in a neck
snd sock compeuiion wnosc uupi^?
tieaa are the more Interesting beoaaan
the Panama ditch Is owned by
the American Government, and that
at Sues by the British Government,
Of course both Canals are open to
Ae ships of all nations; and the
dfcmpetitlon between them Is not only
between the United States and Britate.
but In a larger and even more
altmifleant view It is competition between
old world and new world
When the Panama Canal was opened
in 1115, Suez was already transltIng
about 15,000:000 tons of freight
annually. Almost nobody believed
Panama could ever attract anything
-approaching such a volume But dur1-X
the war fear of German submarines
In the ^fediterannean caused
many vessels to take the Panama
route between the far east and Eu
ropean or American ports This gave
Panama Its Introduction and ft has
aot only held but greatly increased
lie business since the war. In 1923
Panama transited 5037 vessels. |
against 4621 for Suez: Panama bandied
25,160,000 cargo ton? against 22.
$70,000 (or Sues. This was the tirat
year of Panama'* lead
A Close Race
The following year Sues barely ex
seeded Panama's tonnage: and In
192S comfortably held its lead But
reports for 1026 to date indicate that
Sues it losing, owing to Britain's in
dustrtal depression, while Panama is
doing better and. Is pretty certain to
resume the lead.
The present Suez Canal has been
In operation nearly sixty years. Panama.only
eleven. Although few people
except antiquarians know it. the
Brst canal at Sue* was built more
than t.000 years ago. It was in op
eratlon as early as B. C. 1380, how
before, is mere conjecture. Be
tare the Christian era began the ditch
had been built, destroyed, rebuilt,
silted up and built up again, time
after time. When Alexander the
Great conquered Egypt the Canal
waa one of the oldest of engineering
works
Between 1904 and 1915 the present
Panama Canal was construct^!. It
cost about $400,000,000, Suez about
ae-fourth that sum. But Suez Is a
aim pie, sea-level ditch across a sandy
plain; while Panama Is a lock canal,
the greater part ef Its length lying
Id feet above sea level, so that qjost
f the distance from ocean to ocean
ts through an artificial freshwater
laha. a
Early Profits Unexpected
When Roosevelt started bnildlng
at Ptaama, neither he nor any other
prophet of optimism would have
dared suggest that within Its first
decade the Canal would earn a profit,
lta chief Justification concerned the
national defense, add the establishment
of competition with the transcontinental
railroads.
Although both Canals are open to
dhipptng of all nations, British vessels
oonstltute the majority of those
nslng Sues (55.8 per cent-), while
American vessels are 54.5 per coat of
these using Panama
d^MI iVll li'gipVtiig jipyipddVtyft
:: pure milk /
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;; a. a. mi
|; ~' ENGINEER!
< Prices as res
; ; ^ consistent wi1
LEADING BRITISH
N TRAFFIC TONNAGE
SB7I
I C*PAS SING THR.0U6H THI PA KAMA
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ftlVER. CROSSIH6
the Suez route, while 24 nation* were
represented In the maritime caravan
at Papama. /
TJfe World War was not the only i
unexpected factor In bringing I'ana ;
ma so quickly to equality with Suet,
nor the most Important. The enormous
increase In Panama trattic ia
1223 was represented almost entirely
by petroleum and Its products, muring
from California to the east cojet
and Europe In the year ended June
St. 1184, tolls aggregating $24.29;) OlW
were collected, of which $9 071.0*1(1
was from tankers carrying petroleum
An even more striking statement of
the matter Is that for the same year
exactly 50 per cent of all tonna -e
through the Canal was between the
two ocean fronts of the United
States; that Is, 13,500,000 tons: and
of this, considerably over 9.000.000
tons, or more than two-thirds ?a* petroleum
It was of course - 'efly
from California, en route to eastern,
refineries. In the succeeding yjarj
this petroleum movement tell off |
hoRviiv hut for 1923 It la again In-i
creasing and the Increase la 11!.ely to
continue for many years. But for the
petroleum traffic, the Canal would
have shown a deficit In every year of
its operation.
The enormous petroleum business
has been In other ways advantageous
to Panama A constantly Increasing'
proportion of maritime shipping n >wadays
uses oil fuel. OU-burning ships
seek routes on which they can most
cheaply buy oil; and because California'
oil can be put so cheaply into
the bunkers of vessels passing
through the Panama ditch, there
is a substantial inducement to
prefer this route. This will Increasingly
favor Pane ma and militate
against Suez, aa the number
of oil burners increases. Moreover.
Panama's advantage will still further
increase as the enormous oil resources
of Venezuela, Colombia, and
other South American countries
are developed
Great Service ef Panama
If cheap petroleum has thus served
Panama so well, Panama in tura has
equally served the AjneMcan motor
ist, who consumes most of the world's
petroleum products For Panama has
brought the Pacific Coast petroleum
to the eastern market at eeete which,
but for the Canal, would he vastly
greater. Thua the Canal has given
the United States the cheapest pe
troleum prodncta la the world, and
helped bnlld the automobile industry
and our modern highway system.
This mutually helpful relationship
between the Canal and the petroleum
users la the more Impressive when
one realises that it was not even re
motely anticipated at tha time Preai
deat Roosevelt started building the
Canal. So lafe. Indeed, as ltld, when
j Admiral Evana wrote his articles
atooui me V/iuu ana aecim ui? u
could not be profitable tor levernl
decade* at leaat, he baaed all bl* calculation*
on th* probable coat of coal
for bunkerlag ahlpe. He did not
dream that merchant marine* ware
on the vert* of the revolutionary
chant* from coal to oil. So he figured
that, as there I* practically no bunk?
coal in the countries bordering en
Pacific, that ocean &imU net c
pete, by way of Panama, tor a gr
ly Increased share of shipping,
oil development overturned the gr
eclee ef Admiral Kvaaa, ami of
others who had foremen that
problems would maka Panama
IND BUTTER j
i ?
ustomers" ?>
dnder ^ ::
Cohimbus, N. C.
I f
iSiciK I
NG SERVICE I
.sonable as is !
th accurate work. !!
SALUDA.
: REFORMING THE REPORT
j .
(From Charlotte Observer)
In the matter of damage to
cotton crop, present or prospective,
it is a case of bad news
raveling slowly. It is evident
that information of the ravages
by the cotton leaf worm did
not get to Washington in time
co be taken into calculation by
the condition reporting bureau,
for the report of the board
which was broken yesterday
forenoon, did not seem to be
influenced by any untoward
circumstance of recent development.
The report stood pat at
the September 1 condition of
59.6 percent of a normal crop,
the difference being of the
hair > slitting proportions of
from .6 to .5 with indicated
.yield standing around 15810,I.WW4
A_ ,
UUU Utiles. 1U usual HI sui.il
cases, the market, already in
broken condition, broke still
further, the decline representing
a loss of $4.50 a bale. Figure
out 15,000,000 bales at $4.?
30 a bale, and the significance
of a loss of that amount on the
bale will become apparent.
There is no doubt about the
fact that the recently developed
presence in the cotton fields
of armies of ravaging worms
will materially reduce the prospective
output of cotton bales
und this damage may be reflected
in a later Government
report, but meantime, the market
is driven down to figures
lhat mean disastrous loss.
And yet the Bureau appears
to have secured an accurate line
on erop conditions up to Sepember
16, for the report closed
before the appearance of
caterpillar pest was made
Known. The North Carolina
condition is fixed at 69, States
dre inclined to accept this percentage
as within proper
bounds. And at the time of
the close of the report there
was every reason to place faith
n a predicted yield of over a
million bales. South Carolina,
Mississippi, Georgia. Oklahoma
Alabama and Arkansas are the
other more-than-a-million1 bales
States, this State ranking Alabama
Georgia and South Caro
lina in production.
Rut if the caterpillar did
iot figure in the courrent Government
report, neither did the
"range yield," which has caused
so much dissatisfaction in
previous reports. Heretofore,
!he Bureau reports have included
forecasts of the possible
maximum and minimum yields.
The crop reporting board was
ordered to eliminate that feature
in future and the order
was obeyed in yesterday's in?tance,
by Chief Tenney, who
xplains that the range fore'
You \7il
! Mote
x in 1
! NEW
' WHEN BET1 ER A1
| J BUILT, BUICK W
BUI
;! It's the last w
ii motoi
!:: ?
We will be plea
| aemonstration cal
Forest Ci
Com
!i! FOREST C
?. *
; AGENTS FOR TRYON, C
O
THE EOLK COUNTY NEWS
cast "was a pure experiment.")
Southern representatives had I
complained to the Bureau that J
i cotton factors buy on the basis
of "the highest figure," and
11 that when the Government issues
a maximum forecast, it
; tends to bring down prices. Mr.
; Tenny saw the force of that argument,
and the objectionable:
feature was cut out. The cotton
crop forecast, lie says is
based on the estimated condition
of the crop at a (given date
together with the estimated
acreage giving probable yield.
This "probable yield" estimate
(has been the main crop report
figure for years and will continue.
Last July however additional
figures were included,
which estimated the maximum
crop to be expected if subsequent
improvement of the crop
:s as great as in the three years
of greatest improvement in the [
last ten years- and the mmi-i
mum crop to be expected if the
iubsequent decline pf the crop
3 as great as in the three
vears of greatest decline in the
last ten. This forecasting of
maximum and minimum was
held o have an unfavorable effect
and to show possibilities
rather than probabilities.
After a while the crop reporting
system will be patched
up in manner to add to its
calue to both produced and
buyer, a establishment of a
higher standard of value, for
with all its faults, it has rendered
excellent service to the
country. The Government crop
report is the hand that has
guided the King on his various
steps from the cotton in the ;
boll to the cloth on the coun-r
ter. The progressive stabiKz- of
its features to the basis of I
more of fact and less of guess
is a circumstances that should ;
be welcomed by farmer and
trade alike.
Read Polk County Newt
?. 1 . I
+
>' +1
?> New Honey In The Comb *j|
; ; Or Extracted $2 Gallon J i
!! Six Gallon- Lois or More %
1' $1.88 n?r Gallon. j !
? +
* f
;; IVoduc-d Ftxelu i'.fly from *!j
it Clovers. *
\l Quality Guaranteed. State j!
<t> Whether Comb or Ex-, f J
I' dracted is Wanted When ij
I < > Ordering.
; |
i T
+ The Busy Bee Apiary jj
f FLETCHER, N. C. f I
% ? ' I'
?++ > ? ++ *++++ + < >+++*
- - - ? - - ?
&*****4**+*++*++*+++++++*++
II Enjoy |
>ring j
the I
1927
m
JTOMOBILM Am '
ILL BUILD TltM
I C K
<
i .
ord in modern
f
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* cars ::
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0
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1 I o
isea to give you a J
1 in to-day.
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ty Motor
pany
1
ITY, N. C.
OLUMBUS AND SALUDA. \ I
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" -1 13yr\ 5
SBSWi1 mjj, ^
"BRIGHTER DAYS
? ..; ::.::rr-iN DAYTON."
DAYTON, Tenn., September
30?(Special). Some pertinent
facts about the movement now
under way to establish a great
university at Dayton, as a memmorial
to William Jennings
Bryan, are given in the September
25th, issue of the Literary
Digest. An article appearing
under the caption. "Brighter
Days in Dayton", describes
the Bryan Mernoritl University
movement as being well on the
way to success, $b88,532 of the
five million dollars sought having
been subscribed already,,
George F. Washburn, of BosIon
and Manomet, Mass.'is
chairman of the National Campaign
Committee for the Uni
versity.
Quoting from the Boston
Globe, the article says:
"Mr. Malcolm Lockhart, campaign
director, announces that
among those who haive agreed
to serve on the national compaign
committee ^.with Mr.
Washburn are Dr. Clifton N.
:* < < !-* ; + { !*+*> > > +< >+-> * >
| |
j* +
I Quality Meats, Air Cooled *
t Refrigeration $
1 WILLIAMS MARKET I
2 Phone 32 Tryon, N. C. *
T
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| <jqsi
J
OFTEN: -CAU.h.D
THE EfilEKM. Y |
TANK OF !
The above is an every day
r?.rmlrk *froni our ftieififS.
Can we add you to our
large list of satisfied customers.
Come in today.
BANK
01SALUDA
' 1
SALUDA, N. C.
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'i&i*W5 "*t^-': '*-fe T*V ' "'* - '?-">< '.?:SBEbfigEJfcii-^
' 1 _ _ -w
Howard, chairman of the World'be presented,
Peace Commission , Rochester- he favorably J
N Y. Dr. Harry L. Bowlby, the infiima, , uP?n,
New York, secretary of the i connection v. ' '
Lord's Day -Alliance; John for it to
Roach Straton, New York , Dr. j the first y<-, lassiw
W. H. Taft, head of the North-. "Mr. Lock!
ern Bajtist Theological Semin- once will l,< . 1'
ary, Chicago; Charles F. Hor- part in <!,- ,rni',rt*I
ncr Redpath Chautauqua, gen- an Memo,;era!
manager, Kansas City; insiituli..,. , '''s|f.v!!:;
rioted evangelist, .-him, ; ?'?> ibjjl
i Chicago; Dr. Parley E. Zart- m'*\vl?*f!*. i
inan and Dr. W. E. Bierderwolf > ive s, i? "5 ??
I of the VV? cna Lake Bible co- oju
chool; Dr. T. C. Iiorton- found- ia ub. /rr,
or of the Los Angeles Bible of ibe |jj , "
Institute, and Dr. D. S. Ken- from innedy,
editor of the Presbyterian
and Herald Presbyter. ; Smim
"Most of the contributions [ farm i "b1 poulB
have c ome from Knoxville,!cull ih< , , ar,4?-B
Chattanooga, Miami, and other j tembor ; "arly kl
communities in Tennessee and:at the , no,|-lajjB
Florida. A campaign later in
Massachusetts is contemplated, j......... ?
The first unit "of the university * ' ' **** ? JjH
will be an administration build- 5:
ing and a infirmary. |* \J 3 A| fil
"Mr. Lockhart remarked that *
an infirmary might be regarded * 7 D ' iftJI
as rather an unnecessary build- 1; I RC-.. H(]||0F H
ing at first. But he explained j WW?S S
the plan. He said that A. P. ! % :
Haggard,, Mayor of Dayton, has * nieni
offered to give $40,000 toward!* >a'e.
building of the Rena Clark Hag- * ' 1' " Jl
gard Memorial Hospital, and i * I
that the city of Dayton agreed I ? '
to supplement this amount with j p;
$30,000. The proposition will ~
v * < > > * * < * < < * * * < * > t- < < > ...,
| Let Us Figure Will
I On Your
! JOB PRINK m, I
* POIK" COUNTY Ni
^ l vy i-*** v w. ' - - |
I
pAINT that cost
r $75 1, .costonly I
$50 if ycI ,;tag scnipt^Urj^tA
^astsruiiH. You save
Just acM gallon of
Unseed o:i liion of H
ft Stag semi-; - Paint I
Y^.l^You have t o gallons of
Vtv^iP finest quality paint ob- I
tzunablc. i'r . lit.ixrnna* I
nentcolor-;. \>cn'tcrack I
or peel. And this fresh- I
mired paint spreads better. A better job for less J
money.
There's a "Stag'' dealer Dear you. See him- I
or write U8 for litcrature and dhrk of dealers
Ask for color cards or booklet 8ho?i;'g houtaii I
color.
jinv ? mij i
iMirnaHionmrcoK>ftNY,ii.himiM
hut* I
CAROLINA HARJDWAIM: CO
Trvon, N. C.
iSEXfe I
:oack i
AS RIGID AS A , 1 I I
STEEL BUILDING /*
> /js :f i
.. /
' i>-(
1~ j
Sveel used in the New Es.< I
Coaci. .'^el body is the sa
quaiily <*nd gauge used in <
costing *4000 and upwa I
'nutej^ide tvill ivi, -M;
LLENGER MOT: R CW 1
tryon, n. c.
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