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Proceedings of the American Society of International Law at Its Annual Meeting Volume 7, PT. 1913

Proceedings of the American Society of International Law at Its Annual Meeting Volume 7, PT. 1913


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This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1913 Excerpt: ...as though the commission had overlooked the natural growth of international trade generally during the interval of thirty years. Allowing for this steady increase in the commerce of the world and the time necessary for the readjustments of ship companies and of trade routes, it is not unlikely that the tonnage passing through the canal will actually reach a figure somewhere between 7,000,000 and 10,500,000 net tons. If this prove true, or Colonel de Val's estimate is correct, the date for attaining a paying commercial venture would be still further postponed. But we are by no means certain that the tonnage passing through the canal would rise to any such tremendous proportions as 17,000,000 in 1925, 27,200,000 in 1935, and 43,520,000 in 1945. The Suez Canal had been in operation 41 years before the net tonnage of the vessels passing through it annually exceeded 18,000,000. Even Mr. Johnson admits that it is doubtful whether the traffic of the Panama Canal will equal that of the Suez. If it should never equal the 18,000,000 net tonnage of the Suez, it will hardly pay, certainly not if no charge is made for the coast-to-coast vessels. Mr. Johnson has estimated that the total coast-to-coast trade in 1909 was 3,000,000 tons, of which 89.5% was shipped by rail and 10.5% by water, and that in 1911 this total had reached 3,481,600, of which 85.8% went by rail and 14.2% by water. The Interstate Commerce Commission estimated that about 4,000,000 tons were probably shipped in 1912, of which 93% were capable of water carriage. If these figures are correct, it is evident that there was a gain of 33j% (in three years) in the general tonnage and an increase of 15% in the tonnage carried by water. If this rate of increase remains the same during the next thirteen years, t...


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Product Details
  • ISBN-13: 9781231476123
  • Publisher: Rarebooksclub.com
  • Publisher Imprint: Rarebooksclub.com
  • Height: 246 mm
  • No of Pages: 152
  • Spine Width: 8 mm
  • Width: 189 mm
  • ISBN-10: 1231476125
  • Publisher Date: 01 May 2012
  • Binding: Paperback
  • Language: English
  • Returnable: N
  • Weight: 286 gr


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Proceedings of the American Society of International Law at Its Annual Meeting Volume 7, PT. 1913
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