THE PANAMA CANAL.

Oamaru Mail, Volume XXXVI, Issue 10967, 6 January 1912, Page 4

THE PANAMA CANAL.

QUESTION' OF'PREFERJENCE.

[By Electric Telegraph— : C6ptbigh.t,

':,'■- (Per Press .Association.) 4 ' Received. January^.at;.B.s.a.m., ; '.'■--_ London, January; 5:.; ■-..■-. A rumor ..that .the .UniteJ-.States .is vessels ; tlitougH ftlie Panama Canal is exciting controversy. T " v Sir Wiltiam Hall-Jones, interviewed, declared ithatvthe. United ;States_cbnld give compensating bonuses, equivalent .to Canal dues, without infringing the HajvPauncefote treaty. The. additional "■iiiuirt mileage to New Zealand-vessels using the Panama .Canal will save;j3o to 40 per cent, in coal-or .oil compared with coaling at Monte; Yideo. . . The, American mercantile marine ' :s no fc stron" enough to become a formidable competitor to the British, therefore lt.is not- likelv that the United "States will damage the interests of tho'Canal by making it 'unprofitable to the principal potential users. •".