PANAMA CANAL AND AMERICAN COMMERCE. 81 
increases, and while the plan suggested may not do it all, it will be a very good 
lift, and it is about time to start. 
THE PRESIDENT:—Is there any further discussion? I presume a vote of 
thanks is due to Mr. Nixon for his timely expressions on the subject of the merchant 
marine. . 
We will now proceed to the paper entitled ‘“‘ The Resistance of Some Merchant 
Ship Types in Shallow Water,” by Prof. Herbert C. Sadler, Member of Council. 
(Vice-President McFarland in the Chair.) 
Professor Sadler presented the paper. 
