The Chronicle PUBLISHED DAILY LEVIN. TUESDAY, MARCH 10, 1914 PANAMA CANAL AND TRADE.

Horowhenua Chronicle, 10 March 1914, Page 2

The Chronicle PUBLISHED DAILY LEVIN. TUESDAY, MARCH 10, 1914 PANAMA CANAL AND TRADE.

The opening of the Panama Canal is an event likely io revolutionise trade in Is'ew Zealand. The- possibilities for expansion in the grazing and agricultural industries of this dominion have been increased to a manifold extent by this new inlet for primary produce. Tin. , teeming millions of .North America and Central American countries all are brought appreciably nearer to New Zealand in the point of time as well as in facilities for business intercourse, and it is an assured eventuality that ere long the farmers and the business houses of this dominion alike will be reaping unexampled benefits fro in this new avenue of trade. In this regard we note wftli interest the remarks of an observant American traveller who lias been travelling through New Zealand regularly, for some years past.

"Some people (ell us Unit tlie opening of the Panama Canal will not materially affect us," he says; "but, believe me, they are wrong. "When this Canal is opened up we shall, in very little time, see an enormous trade grow up between New Zealand and the Eastern States of America a trade in our natural products. "We shall see shipload after shipload oJ butter and cheese despatched from New Zealand to tlie Eastern States, which at the present time are the abode of the richest people in (he world. Bufler in New York costs about nearly double as much per pound as m New Zealand. You will see that we shall get something HKc Is 8d pei pound for our New Zealand butter iu Eastern America. Yes, our dairying and other industries are going to receive an enormous fillip in the near future. • Fortunately we still have millions ol acres of good land only waiting to be opened up. T know of one block in tlie Taranaki back country which runs into 100,000 acres, and it's good land <oo: (his is soon going to bp opened up, with' many acres more."