The Isthmus Line to the Pacific [pp. 259-266]

Southern literary messenger; devoted to every department of literature and the fine arts. / Volume 15, Issue 5

The Isthmus Line to the Pacfle. 263 acted of the merchandise over these two routes. The Tehuantepec road, supposing both to be run on a strait line, is 95 miles the longer, and a ton of American merchandise to pass this road would have to pay $9 50 per ton more than the Panama road would exact of it. A tax of $9 50 per ton upon American commerce for ever for the mere advantage of shortening temporarily the time for passengers bound hence to California, for one week, would, it appears to me, be paying too dearly for a little time. For when the rail road is built across from the Mississippi, no one from South America bound to California will think of going by the way of Tehuantepec. A tribute forever to Mexico of $9 50 per ton on commerce, the extent of which cannot be foreseen, for the privilege of saving seven days for seven years or there away in the time to and from California! Why, sir, this is a tax far more onerous and odious than the famous Chinese " Cumshaw" which had from time immemorial been exacted of all "Barbarian" ships, and the abrogation of which was hailed with so much delight on both sides of the Atlantic. Its abrogation is a prominent article of the China treaties both with the States of Europe and America; and it, with the free ports, is considered as the chief good which has resulted from the wicked war of England upon China. At this rate of 10 cents, a ship carrying 1,000 tons of merchandise would have to pay $9,500 more to get her cargo across Tehuantepec than she would to get it across Panama. Few indeed are the cargoes that can pay such a " Cum mill and ninety-eight hundredths of a mill (1.98) as the average rate per ton per sea mile for the transportation of merchandise across the ocean under canvass. The average distance which a vessel under canvass has to accomplish, from New York to Lima, may be taken in round numbers at 13,000 miles (sea,) which, at 1.98 mill per ton per mile gives as the average rate of freight thence $25 74. To satisfy you as to the degree of confidence due this estimate, I may remark that since making it out I have consulted a gentleman who has been engaged for many years in the Lima trade. He informs me that until Guano was introduced as an article of commerce, the usual rate of freight from New York to Lima was between $25 and $30 per ton. Guano pays heavy freight. Vessels that go there are now certain of a return cargo, and the outward rates at present rule at $15 the ton, equal to 1.15 mill per ton, per sea mile. This rate I adopt for the following comparative estimates as to the cost of the transportation of a ton of merchandise from New York via Cape Horn, Tehuantepec and Panama. The distance to be accomplished under canvass is stated at 4,300 miles via Tehuantepec and 3,700 via Panama. Cost by Sea, Rail Road, Total sea and lat Via Cape Horn. Tehuantepec. Panama. $15 00 4 94 4 25 13 90* 4 40 nd, $15 00 18 84 8 65 I 1)55 LdI51U VUU 11IUU U JIWI s~~~~~~~~~~~~~~~~~m * U5W LttilLlIUlJ Vo rlt~UU U{ JU t~UO~UUI~~sU ~~ ali shaw" as this.v shaw" as this. another we may safely assume the average value The charge at 10 cents the ton a mile would of it to be $2 50 per ton. be, via. Panama, 44 miles-$4 40; via. Tehu- The passage around Cape Horn is three months antepc, 13 mils-$1390- ig; $ 500 The passage around Cape Horn is three months antepec, 139 miles-$13 90-difference $9,500. longer than it is across the Isthmus, and it is The site of Panama is quite as convenient to the therefore proper to charge the Cape Horn route market ways over the Pacific as Tehuantepec. with the interest on $250 for three months, which But little is due therefore to any advantages, to wh c a' ~~~at 81x per cent 13 $3 7-5 —making the whole cost be gained by the one over the other on account around Cape Horn $18 75or 9 cents less than of a more central terminus on the Pacific side. b a pe n 7 or than by Tehuantepec, and $10 20, more than one Let us now see whether such merchandise asbvThatpcan 120moehnoe Let us now see whether such merchandise as hundred per cent greater than by Panama. From is usually sent around Cape Horn to the South this statement it appears that we may go and American market s, could afford to pay the ex- come with our merchandise via Panama with pense of portage over either of these two routes less freight than we can now go, outward bound across the continent. The space allotted on board ship to a ton of a le a ape r n ,. ~~~~~~The average length of a voyage under canmerchandise is 40 feet. Estimating the average rate of freight on cotton to Europe at one cent rate of freight on cotton to Europe at one cent * $13 90. In consequence of the greater distance across the pound, and 1,350 pounds as occupying the Tehuantepee,, a rail road there for obvious reasons could space of a ton, and the average distance across afford to charge a smaller rate of freight per ton per mile, the Atlantic, from the cotton ports at 3,500 sea than a shorter road. Suppose 20 per cent less. This would miles, we have 3.86 mills as the average rate of make the freight over the Tehuantepee road to be $11 12, freight of cotton per ton per sea mile under can- and including the sea voyage $16 06, or nearly double the vass. But cotton pays the freight both ways, for Panama route. Deduct $2 78 from the Tehuantepee esti russ...u. otton'ays thfremates and you will obserse that Panama has greatly the the ships which take it generally come empty. advantage as to cost, to every point mentioned in the estiFrom this estimate and explanation we get one mate. The Isthmus Line to the Pacifie. 263

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The Isthmus Line to the Pacific [pp. 259-266]
Author
Maury, Matthew Fontaine
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Page 263
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Southern literary messenger; devoted to every department of literature and the fine arts. / Volume 15, Issue 5

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