About eight months ago Brigadier General Jay Johnson Morrow, Governor of the Canal Zone, predicted that traffic through the Panama Canal would soon quadruple. His prediction seems likely to come true even sooner than he probably expected, for, in announced figures on Canal traffic for the fiscal year recently closed, he found that the rate of travel is now double that of a year ago, and tolls for the next year, at the present rate, will exceed $24,000,000, of which about $18,000,000 is profit above over-head expense.
During the War Governor Morrow,...
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