1. The canal reduces the distance between New York on the eastern and all ports on the western seaboard of America north of Panama by 8,415 geographical miles. The saving from New Orleans is much greater.
2. Liverpool is brought 6,046 miles nearer to all ports on the western seaboard of America (of course including Canada) north of Panama.
3. The saving between New York and the Pacific ports of America south of Panama depends how far south those ports are. But on the average the shortening of distance is 4,709 miles. The saving varies from 8,415 miles at Panama to about 1,004 miles at Punta Arenas, the strange little town on the Straits of Magellan. New Orleans and the Gulf ports benefit still more.
OCEAN ROUTES
4. Liverpool is brought on an average about 2,600 miles nearer to Pacific ports of America south of Panama. The shortening of distance varies from 6,046 miles at Panama itself down to zero at a point between Punta Arenas and Coronel (the most southerly commercial port of Chile).
5. All the Pacific ports of the Americas are, via Panama, 2,759 miles nearer to New York than to Liverpool.
6. The Panama Canal will not bring any port in Australia or the East Indies, nor any ice-free port in Asia or Asiatic islands, nearer to any European port. Of all ports on the western Pacific coasts, only those of New Zealand and a few very chilly ones in Siberia will be brought nearer to Liverpool.
7. All of Asia and all of Australia, with the exception of New Zealand, will be nearer Europe by way of the Suez Canal than by way of the Panama route.