PANAMA CANAL.
ITS EFFECT ON TRADE. INCREASED STABILITY. LONDON, August IG. Reportin-ri as special commissioner for the Board of Trade on an investigation into the probable outlook after the opening of the Panama Canal. Mr Milne recommends that an agency represent ing British manufacturers, with a sampleroom, should be established ;it Panama City or at Newport. BaTbao, if the latter becomes the chief centre. He adds that the gro'.vin<r tendency of the United States Government to exercise influence in Centra! America should promote greater political stability. ami. therefore greater comi—errial security. Thus capital is likely to be attracted for developing the resources of the republics, and would react favourably on commerce. Nevertheless. British trs.de would only be retained by constant vigilance, because the republics would increasingly depend commercially upon the United States.
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Auckland Star, Volume XLIV, Issue 196, 18 August 1913, Page 5
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132PANAMA CANAL. Auckland Star, Volume XLIV, Issue 196, 18 August 1913, Page 5
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