| Show VAA LUE OT a HM A D xa z r 0 t jim I 1 a WEW wr pa s 5 apparent information Is being sought sough from its prospective patrons leading toward perfected transportation and am rates fair to the investor as well as a to the ships and the consumer it is 1 ca cm av 0 1 0 especially essen 7 bial to seek this URE may be times w when hen a T great and wealthy nation finds that iff 1 it must overcome almost superhuman obstacles to accomplish a benefit for or the whole world such a situation exists at panama where science and money have completed a canal without counting th the e expense and with no resultant direct profit to its builders the fact act that a very small percentage of 0 the ships passing through the canal sails under the american flag proves that the united states state feels eels its international international A e aa 4 A V of aw avia responsibilities and Is actuated by altruistic ideas A similar example exial exists ts nearer home new york is building a waterway from which no income will follow the deepened erie canal will help the commerce of the lake states while only incidentally developing local commerce and industries both the isthmian and erie canals have rightfully been in the public eye lor for hearg years A third of much more immediate and direct value to our coastwise trade has received little attention advocated by washington as a military necessity urged by successive presidents attempted by various corporations po rations needed by humanity the cape cod canal has remained uncut since the day when miles standish met the dutch in 1627 and on the upper waters of buzzards buzzard a bay began the arst rat transportation through long island sound between new amsterdam and the old colony at that spot there is now finished and jn n operation at a cost of only a channel 30 feet deep which has the largest tonnage tributary to any ocean canal a traffa aas as great as that at suez being tons carried almost exclusively in american bottoms and state having tailed failed to io recognize the importance of 0 this interior smooth water line less than fifty men have been bold enough to finance it they also have their ideals feeling that the times are ripe to regain our lost ocean supremacy and that individuals as well as the general public should do their share for the improvement of waterways conservatism ism lem however demanded that all private corporations must be based upon financial returns it is proper therefore to give in brief the figures upon which mr belmont and his associates are working they are as follows ot of the tons is coal alone that commodity is losing ten cents per ton from storm fog delays and extra insurance tor for each round trip with a capital of only and such a maximum traffic it Is readily seen that even it if only one halt half the tonnage goes through the canal during the first year a good dividend may be expected provided the new channel in all respects meets modern requirements this Is the aim and ambition of its chief engineer william barclay parsons whose experience with the panama canal commission and general knowledge of waterways are well known the canal Is wider and deeper than the original suez protection against the wash of passing steamers Is secured by the paving of 0 its banks electric lights at short in ina assure sate rate traffic at night it its great breakwater amply protects th the eastern end from northeast gales the route Is through the eight mile n ile isthmus which tor for years has been abo abc sen sea as the connecting link between the head of 0 buzzards bay and cape cod bay the deepest cut Is only 29 feet above sea level on the south bank of the canal the tracks 0 of the new haven railroad give access tor for the transfer of 0 freight between water and land the possibilities are therefore great for manufactures and general industries daily observations for five years show how that the tog fog Is less than one halt half that existing in vineyard sound the course 0 of the canal Is through wide cur waters free from the westerly storms of the outside route the great hook of the cape protects vessels from all southerly gales galea the new route saves 70 miles in distance between eastern and southern points and a day and a halt half tor for tows and sailing ships quick certain transit gransd upon positive schedules Is required today the canal gives mobility by an interior smooth channel through which new england can receive her crude material at a low figure congested land lines linee cannot supply it and manufacturers rs must have it promptly and cheaply it if they are to replace vanishing home markets with new trade from south america and the pacific the raw products from the west will also reach new england directly by water from the great lakes A secondary source of revenue to the canal company and ot of great importance to the state Is the development of a district which today is oil off the main arteries of 0 travel southeastern massachusetts from plymouth to Province provincetown town is sparsely inhabited and is well fitted for the summer homes of people from the interior looking tor for resorts in a desirable climate lines of steamers from the west will give ready access to the increasing number of families seeking the new england coast the cape cod canal proving remunerative nera tive private capital will be attracted toward the building of minor channels with this forecast and tor for this reason it is safe to say mr delmont after solving in a narrow field the local transportation question of the city of new york turned his attention to the broader one of lessening distance and tine time and of saying saving lives by a sea route through southeastern massachusetts the land of his forebears the united states and the state of massachusetts having tailed failed to solve the problem he found that the time had arrived to build the canal large corporations had replaced the individual owners of sailing craft the con control trot of the traffic was waa in a few hands consequently there were less units with which to deal keeping ep ng this th point in mind and that tte unde that the undertaking arta king was completed at a time when the need of a closer arta relationship between the corporations and the people was more than ever aid tor for the reason that no deep daei sea canal exists in this country upon which tolls are charged consequently there is no precedent upon which to base a revenue the men who huilt built the C cape a P e cod canal asked no help from washington on the contrary they construe constructed ted and paid tor for a channel over four miles long in the I 1 united states wes wa of buzzards buzzard bay they built a breakwater three quarters quarte rs of a mile long also at their own expense in barnstable bay both these works will be of great benefit to commerce and to the adjacent localities they make deepwater deep water harbors long needed lor for the benefit ot of the public 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