 ... native from keel to topmast truck, are the envy of the world. The perfecting of the turbine engine may mark a new era in shipbuilding, and mercantile craft dependent on older systems of machinery may in a few years be unable to compete with the new...  East of Suez: Ceylon, India, China and Japan - Page 17by Frederic Courtland Penfield - 1907 - 349 pagesFull view - About this book
 | William Thomas Stead - Europe - 1905 - 720 pages
...presentthat trade is in English hands, although the Germans are creeping in. Mr. Penfield says : — Our canal can never pay until we enter as shipowners into competition with Europe's trading nations, and these possess a material interest in the Suez undertaking. The commercial... | |
 | Pan American Union - America - 1905 - 888 pages
...dependent upon transportation facilities under the American flag, and the statement is made that the "canal can never pay until we enter as shipowners into competition with Europe's trading nations." "The North American Review" for June, r.tii.5. publishes a consideration... | |
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