Yearbook of the Economic Club of New York; Containing the Addresses at the Four Meetings of the Season Volume 4 (Paperback)

Purchase of this book includes free trial access to www.million-books.com where you can read more than a million books for free. This is an OCR edition with typos. Excerpt from book: Thursday Evening, March 5,1914 HOTEL ASTOR GUEST OF HONOR Colonel George W. Goethals Chief Engineer of the Panama Canal Governor-Elect of the Panama Zone SUBJECT THE COMMERCIAL SIGNIFICANCE OF THE PANAMA CANAL SPEAKERS Colonel George W. Goethals Andrew Carnegie Irving T. Bush President of the Bush Terminal Company Dr. Emory R. Johnson Professor of Transportation and Commerce, Univerity of Pennsylvania; Member U. S. Isthmian Canal Commission, 1899-1904 Dr. Talcott Williams Director of the School of Journalism, Columbia University PRESENTATION TO COLONEL GOETHALS OF THE Medal Of The National Institute Of Social Sciences Hamilton Wright Mabie President of the Institute William R. Willcox, Presiding Vice-President of the Club THE COMMERCIAL SIGNIFICANCE OF THE PANAMA CANAL ADDRESSES Introductory Remarks By The Chairman Mr. Ely: I am asked to say that Mr. Speyer, the President of the Club, greatly regrets his unavoidable absence. Mr. Vanderlip is also absent in the South or somewhere amid the snow. The other Vice-President of the Club, Mr. Willcox, will, however, preside, and it gives me pleasure to present him to you. (Applause.) Mr. Willcox: Fellow-members of the Economic Club, Friends, and Guests: 1 am extremely sorry that our President, Mr. Speyer, is not with us this evening, but I esteem it an unusual privilege to preside on this occasion, when our dinner is given in honor of so distinguished a guest as Colonel Goethals. (Applause.) No enterprise of modern times, whether public or private has, because of its very great importance, received so much attention from the civilized world as has the completing of the Panama Canal. No other enterprisehas called for so large an outlay of money, and while other en...