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Company and the New Panama Canal Company.

The aforesaid rights and property shall be and are free and released from any present or reversionary interest in or claims of Panama, and the title of the United States thereto upon consummation of the contemplated purchase by the United States from the New Panama Canal Company shall be absolute, so far as concerns the Republic of Panama, excepting always the rights of the Republic specifically secured under this treaty.

ARTICLE XXIII

If it should become necessary at any time to employ armed forces for the safety or protection of the Canal, or of the ships that make use of the same, or the railroads and auxiliary works, the United States shall have the right, at all times and in its discretion, to use its police and its land and naval forces or to establish fortifications for these purposes.

ARTICLE XXIV

No change in the Government or in the laws and treaties of the Republic of Panama, with

out the consent of the United States, affect any right of the United States under the present convention, or under any treaty stipulation between the two countries that now exists or may hereafter exist touching the subject matter of this convention.

If the Republic of Panama shall hereafter enter as a constituent into any other Government or into any union or confederation of states, so as to merge her sovereignty or independence in such Government, union or confederation, the rights of the United States under this convention shall not be in any respect lessened or impaired.

ARTICLE XXV

For the better performance of the engagements of this convention and to the end of the efficient protection of the Canal and the preservation of its neutrality, the Government of the Republic of Panama will sell or lease to the United States lands adequate and necessary for naval or coaling stations on the Pacific coast and on the western Caribbean coast of the Republic at certain points to be agreed upon with the President of the United States.

ARTICLE XXVI

This convention when signed by the Plenipotentiaries of the Contracting Parties shall be ratified by the respective Governments and the ratification shall be exchanged at Washington at the earliest date possible.

In faith whereof the respective Plenipotentiaries have signed the present convention in duplicate and have hereunto affixed their respective seals.

Done at the City of Washington the 18th day of November in the year of our Lord nineteen hundred and three.

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Locks, usable length

Locks, usable width

Gatun Lake, area

Gatun Lake, channel depth

Excavation, estimated total

Excavation, amount accomplished April 1, 1910

Excavation by the French

Excavation by French, useful to present
Canal

Concrete, total estimated for Canal
Time of transit through completed Canal
Time of passage through locks

Relocated Panama Railroad, estimated cost
Relocated Panama Railroad, length
Canal Zone, area

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Canal Zone area, owned by United States.
French buildings, number acquired

French buildings, number used

French buildings, net value when acquired

Value of utilized French equipment

Canal force, actually at work

Canal force, Americans

Cost of Canal, estimated total
Work begun by Americans.
Date of completion

300 feet.

12 1,000 feet. 110 feet.

164 sq. m. 85 to 45 feet. 174,666,594 c. y.

103,205,666 c. y.

78,146,960 c. y.

29,908,000 c. y.

5,000,000 c. y.

10 to 12 hours. 3 hours.

$7,225,000

46.2 miles. about 448 sq. m. about 322 sq. m.

2,150

1,537

$1,959,203

$1,000,000

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about 39,000

.

about 5,500

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May 4, 1904

Jan. 1, 1915

$375,000,000

From

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III

DISTANCES FROM AMERICAN AND EUROPEAN ATLANTIC PORTS, VIA THE PANAMA CANAL

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New York
Norfolk
Charleston

Port Tampa

Galveston

6,074 5,299 2,684 3,359 4,021 4,630 4,838 5,872 5,079 2,662 3,157 3,819 4,428 4,636 5,673 4,898 2,463 2,958 3,638 4,229 4,437 5,328 4,553 2,098 2,593 3,255 3,864 4,072

New Orleans 5,477 4,698 2,263 2,758 3,420 4,029 4,237 5,574 4,799 2,364 2,858 3,520 4,129 4,338 8,813 8,038 5,603 6,098 6,760 7,369 7,577 Hamburg 9,242 8,467 6,032 6,527 7,189 7,798 8,006 8,963 8,188 5,753 6,248 6,910 7,519 7,727 8,713 7,938 5,503 5,998 6,660 7,269 7,477 8,447 7,672 5,237 5,723

Liverpool

Antwerp

Bordeaux
Gibraltar

6,394

7,003

7,211

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New York Norfolk Charleston Port Tampa New Orleans Galveston Liverpool Hamburg Antwerp Bordeaux

Gibraltar

9,835

10,885 11,585 9,852 10,427 8,892 9,634 10,684 11,384 9,650 9,858 8,690 9,344 10,367 10,809 9,451 10,006 8,491 9,069 10,119 10,819 9,086 9,661 8,126 9,234 10,284 10,984 9,251 9,826 8,291 9,335 10,385 11,085 9,352 9,927 8,392 12,574 13,624 14,324 12,591|13,166 11,631 13,003 14,053|14,753| 13,020|13,595 12,060 12,724 13.774 14,474 12,741 13,316 11,781 12,474 13,524 14,224 12,491 13,066 11,471 12,208 13,258 13,958 12,225 11,188 11,265

"A" Via Honolulu adds 252 miles.

"B" Omitting Tahiti reduces voyages from by 52 miles.

"C" Voyage from Brito to Sydney by Wellington is 232 miles less than by way of Tahiti: from Panama it is 405 miles less.

"D" Voyage from Brito to Wellington direct is 185 shorter than via Tahiti, and from Panama it is 358 miles shorter.

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