Mexico : Report On the Mexican Isthmus (Tehuantepec) Railway

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It will compete under advantageous conditions for traffic between European and American ports on the Atlantic on the one hand, and ports in the Far East and Aujstralasia and on the Pacific coast of the American Continent on the other. This traffic is now moving by vessels round Cape Horn, or through the Straits of Magellan, or by the Suez Canal, or by land over the trans-con- tinental fines of North America.
The officials of the company informed me that they were already assured of 600,000 tons
... of freight for the year 1907, and had over 1,000,000 tons in sight for 1908. In fact, the prospects of freight were so large that they were afraid to properly advertise their route for fear of not being able to comply with the demands of the traffic.
Mr. John F. Wallace, former chief engineer of the Panama Canal in giving evidence before the United States Senate Committee on Inter-oceanic Canals, made the following statements as to the advantages of the Tehuantepec route over the Panama route ■ "I do not think that you can over-appreciate the importance of protecting our future trade by heading off the possible develop- ment of the route by way of Tehuantepec.


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