Show FORMER ENGINEER s FOR PANAMA mm CANAL PREDICTS S THAT THE VAST ENTERPRISE WILL PROVE A FAILi New ew Haven Conn March 9 John F i Stevens a vice president of the New NewYork NewYork NewYork York New Haven Haen Hartford rall rail railroad road anda auda engin of the o e Panama canal has issued a statement regarding the latter enterprise in he be prophesies a failure re of t f the Under tinder Undertaking d r taking Mr Stevens says that the canal will not help the United States with Its trade with South America as practically practically cally aU all of the Inhabitants of or the south southern southern ern era continent are east of or the Andes Stevens also says that our commer commercial commercial cial cia relations with the islands of the and the far east will vill be little benefited d Our coal and wheat centers are Inland Their products have to be started on their way by rail When L ne K loaded on cars ars it not oot be cheaper to sHip to the and I then ship to the east by the way wa of f fI I the canal than it would be to send di dl directly to the ports potts on on our Pacific Pa roast coast and then get on onboard board ship Furthermore Mr Stevens believes that our coal supply Is fast diminish diminishing diminishing ing and that China will wilt be the tle source sour e ei of i future foal coal supply Siberia he says t I will ill be the wheat country of the fu future J I ture with India as a close second Mr fr Stevens Steens maintains that the Pan Panama Panama ama canal will not meet expenses and will cost more than is expected The date of or the finishing of the canal he fixes as January 1515 The idea of the anal of t great value to us In times of ot warfare since our naval forces can be quickly sent s nt from one coast to the other he says Is absurd bs rd It w would take days for the ships to get around and during that time hostile shells could have done their work Mr Stevens believes that It would be bea bea bea a far wiser plan of defense to put the money that the canal will cost Into a greater navy |