Full text: Thomson's manual of Pacific Northwest finance

Rising to Dominance 
¢ om) 
Dr. J. Russell Smith of Columbia Uni- 
versity, distinguished commercial geographer 
and economist. recently said: 
“In the Northwest I expect American 
civilization to reach its maximum! Yes, I 
expect it to outstrip New York, overcoming 
the advantage which the metropolis has—an 
early start. . . . 
“Numerous reasons apart from the cli- 
mate lead one to predict an unrivaled future 
for this part of the country . .. It is access- 
ible to trade! The Panama Canal offers fine 
transportation facilities! And mechanical 
energy! The Cascades and the Coast Range, 
along with the Rockies, give the cities access 
to millions of horsepower of electrical energy. 
Nowhere in Europe or the Eastern United 
States is there any location for waterpower 
resources to rival it!’
	        
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