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Show PANAMA CANAL IS NOW MAKING GOOD "Elg Ditch" Earns $15,000,000 for Government. Washington. Willi anotlx-r good year's record in sight, the Panama " : 1 1 : .-1 1 has Ji I j j j ; 1 1 enily reached a basis t )i :i t will yield the United Slates gov-I'i'iniii'iit gov-I'i'iniii'iit .l.",,iiiin.(imj or inure each year. The steady growth nf the "big ditch" joining tlie Atlantic and the Pacific 1 1 1 s governac-nt otlicials to predict that It nut uiily will pay for itself Ian also prove ' lie uf the bent invest meats uf the government. Wish receipts for the fiscal year exceeding .lD.liuu.iMJi), the canal has two luuiiths to go to pass the I'.VSi tolls uf ?l!J,(iJl,4ir.77. The Panama railroad, power plant, and other business busi-ness adjuncts also are showing handsome hand-some profits. The canal, following a period of uncertainly un-certainly after its completion in 191-1, now is earning money at the rate of (j per cent on the investment. Most of the funds Willi which the canal was built were derived from government govern-ment loans bearing 2 or 3 per cent Interest. The net cost of the canal and its adjuncts is figured at $2GO,000,000, and net earnings for the last two years have exceeded ?1.1, 000,000. In the fiscal year ending June 30, 1024, net revenues were more than $17,000,-000. $17,000,-000. The business of the canal has Increased In-creased six-fold since the first fiscal year, which ended June 30, 1915, the net tonnage increasing from 3,702,572 to 22.855,151 tons. American shipping lies gradually taken first place in use of the canal. During the first year American and I'.rilish tonnages were almost the same. At present American tonnage is more than double the British. Tonnage of commercial vessels of the largest users of the canal during the last fiscal year were: United Slates, 12,271,487; England, 5,940,391; Japan, S23,S(iO ; Norway, 072,003; Germany, Ger-many, 723,007. |