The Panama Canal: Hearings Before the Committee on Interstate and Foreign Commerce, House of Representatives, Sixty-second Congress, Second Session. [Dec. 18, 1911-March 13, 1912]. |
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Page 108
The original figures are given in francs , which I have turned into American money at 19.4 cents per franc , which is the figure used by the United States in its transactions with the French Government by treaty .
The original figures are given in francs , which I have turned into American money at 19.4 cents per franc , which is the figure used by the United States in its transactions with the French Government by treaty .
Page 112
Its estimated cost had been 200,000,000 francs , and this was obtained by floating 400,000 shares of 5 per cent preferred stock , 500 francs per share - say , $ 40,000,000 . It cost over twice this amount before it was opened , and did ...
Its estimated cost had been 200,000,000 francs , and this was obtained by floating 400,000 shares of 5 per cent preferred stock , 500 francs per share - say , $ 40,000,000 . It cost over twice this amount before it was opened , and did ...
Page 113
of 1872 were quoted at 185 francs . Ship owners were clamoring for improving the canal by widening it and deepening it , and the stockholders were clamoring for money . Consequently , it became necessary to raise the tolls .
of 1872 were quoted at 185 francs . Ship owners were clamoring for improving the canal by widening it and deepening it , and the stockholders were clamoring for money . Consequently , it became necessary to raise the tolls .
Page 114
Traffic increased , the canal was widened , and later more money was borrowed to make still other improvements , so that by 1899 , the fast data that I have on the subject , Suez Canal shares had risen to 3,500 francs .
Traffic increased , the canal was widened , and later more money was borrowed to make still other improvements , so that by 1899 , the fast data that I have on the subject , Suez Canal shares had risen to 3,500 francs .
Page 117
Multiplying the total Suez tonnage by the Suez rate of 6.75 francs , equal to $ 1.306 , we have the total Suez tolls to be paid for these 35 ships $ 243,277.76 . I tabulate the other results below . $ 243,277.76-262,772 = $ 0.9258 ...
Multiplying the total Suez tonnage by the Suez rate of 6.75 francs , equal to $ 1.306 , we have the total Suez tolls to be paid for these 35 ships $ 243,277.76 . I tabulate the other results below . $ 243,277.76-262,772 = $ 0.9258 ...
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Common terms and phrases
advantage American amount authorized believe British build Canal Zone cargo carry cent CHAIRMAN charge coal coast Colon commerce commission committee completed construction cost course DEARBORN deck deductions difference dollars east effect employees engine estimate expenses fact feet FEUILLE figures force foreign francs freight give GOETHALS Government hundred increase interest Isthmus JOHNSON land length less MARTIN matter mean measurement miles necessary officers operation Pacific Panama Canal Panama Railroad pass passenger ports pound practically present probably question Railroad RAYMOND reason route rules SABATH sailing ships side SMITH South space statement steamers steamship STEVENS Suez Canal supplies taken tion tolls tons trade traffic United vessels WHEELER WILSON York zone
Popular passages
Page 23 - ... the fact that the employee may have been guilty of contributory negligence shall not bar a recovery, but the damages shall be diminished by the jury in proportion to the amount of negligence attributable to such employee...
Page 3 - The governments of the United States and Great Britain hereby declare that neither the one nor the other will ever obtain or maintain for itself any exclusive control over the said ship canal...
Page 3 - Britain take advantage of any intimacy, or use any alliance, connection or influence that either may possess with any State or Government through whose territory the said canal may pass, for the purpose of acquiring or holding, directly or indirectly, for the citizens or subjects of the one, any rights or advantages in regard to commerce or navigation through the said canal which shall not be offered on the same terms to the citizens or subjects of the other.
Page 33 - Columbia or any of the states or territories and any foreign nation or nations, shall be liable in damages to any person suffering injury while he is employed by such carrier in such commerce, or, in case of the death of such employee, to his or her personal representative, for the benefit of the surviving widow or husband and children of such employee; and, if none, then of such employee's parents, and, if none, then of the next of kin dependent upon such employee...
Page 32 - An Act to provide revenue, equalize duties, and encourage the industries of the United States, and for other purposes.
Page 41 - The Suez Maritime Canal shall always be free and open, in time of war as in time of peace, to every vessel of commerce or of war, without distinction of flag.
Page 15 - VII. That to enable the United States to maintain the independence of Cuba, and to protect the people thereof, as well as for its own defense, the government of Cuba will sell or lease to the United States lands necessary for coaling or naval stations at certain specified points to be agreed upon with the President of the United States. VIII. That by way of further assurance the government of Cuba will embody the foregoing provisions in a permanent treaty with the United States.
Page 23 - ... any case where the violation by such common carrier of any statute enacted for the safety...
Page 7 - ... 3. Vessels of war of a belligerent shall not revictual nor take any stores in the canal except so far as may be strictly necessary; and the transit of such vessels through the canal shall be effected with...
Page 7 - Treaty shall be ratified by the President of the United States, by and with the advice and consent of the Senate thereof , and by His Britannic Majesty; and the ratifications shall be exchanged at Washington or at London at the earliest possible time within six months from the date hereof.
Bibliographic information
| Title | The Panama Canal: Hearings Before the Committee on Interstate and Foreign Commerce, House of Representatives, Sixty-second Congress, Second Session. [Dec. 18, 1911-March 13, 1912]. Issue 680 of House document |
| Author | United States. Congress. House. Committee on Interstate and Foreign Commerce |
| Publisher | U.S. Government Printing Office, 1912 |
| Original from | the Library of Congress |
| Digitized | 23 Mar 2007 |
| Length | 1127 pages |
| Export Citation | BiBTeX EndNote RefMan |