JAPAN IN THE PACIFIC

Te Aroha News, Volume XXVII, Issue 43118, 25 July 1907, Page 4

JAPAN IN THE PACIFIC

Japan is getting a monopolv of the Pacific! Ocean carrying: trade. This is because she builds and operates ships so much more cheaply than does America or even England an American exchange). It is oommon.lv remarked 1 in, private circles among Japanese statesmen that upon the completion of the Panama Canal by United States Jajimi may also be able eventually to control the carrying trade of-* I '-'- Atlantic, Ocean. Already a new Japanese line, of steamers has been established to the South American ports on the West- Coast. It looks as though Uncle Sam is building the, Panama Canal very largely for Japan’s benefit,. Of course, tho canal will be a tremendous incentive to the (coastwise shri-ing traffic of Aimeriea, hut the indications now arc that so far as the trans-ocean carrying t.rad'e is concerned, Japan and England will profit most, largely from the Panama Canal.