Investigation of Panama Canal Tolls: Hearings...on H.Res. 44...March 14, April 6, 19, May 23, June 6, 14, 1949 |
From inside the book
Results 1-5 of 22
Page 18
... authorities made of the appropriations that are made for the Canal . One thing that does seem clear is that there is charged as an operat- ing expense of the Canal 3 percent interest on the capital invested in the Canal , and that item ...
... authorities made of the appropriations that are made for the Canal . One thing that does seem clear is that there is charged as an operat- ing expense of the Canal 3 percent interest on the capital invested in the Canal , and that item ...
Page 20
... authorities have attempted to segregate the costs directly attributable to the Military Estab- lishment , the record does not indicate complete success . In spite of the accounting hurdles the fiscal records of the Canal are kept as if ...
... authorities have attempted to segregate the costs directly attributable to the Military Estab- lishment , the record does not indicate complete success . In spite of the accounting hurdles the fiscal records of the Canal are kept as if ...
Page 22
... authorities . At the war's end , however , most of them were gone , and worse still , the railroads had enjoyed the tremendous com- petitive advantage of exclusive transcontinental traffic over a 4 - year period . In order to redress ...
... authorities . At the war's end , however , most of them were gone , and worse still , the railroads had enjoyed the tremendous com- petitive advantage of exclusive transcontinental traffic over a 4 - year period . In order to redress ...
Page 42
... authorities at the time of the construction of the Canal and subsequently show that national defense considerations provided a major justification for the con- struction of the Canal . Colonel Harry Burgess , former Governor of the ...
... authorities at the time of the construction of the Canal and subsequently show that national defense considerations provided a major justification for the con- struction of the Canal . Colonel Harry Burgess , former Governor of the ...
Page 46
... authorities . ( f ) Some revenues which otherwise would accrue to the Canal are paid over to an account called " Business operations " and the Panama Canal Railroad , both of which show separately reported profits . ( g ) And this is an ...
... authorities . ( f ) Some revenues which otherwise would accrue to the Canal are paid over to an account called " Business operations " and the Panama Canal Railroad , both of which show separately reported profits . ( g ) And this is an ...
Common terms and phrases
90 cents accounting American shipping amortized amount annual report Appropriations Army ARTICLE Bailey basis BURDICK Canal authorities Canal operations Canal Zone capital investment Chairman Clayton-Bulwer Treaty commercial shipping commercial users committee Congress construction cost of operation deficit DREWRY DUNLOP employees engr facilities figures fiscal foreign shipping forgiven tolls FUGATE future Government vessels Governor Hay-Pauncefote Treaty increase intercoastal shipping intercoastal trade interest charge Isthmus of Panama locks Maritime Commission MELLEN merchant marine military MILLER national defense Navy NEWCOMER November 18 operating costs operating expenses Pacific Pacific Ocean Panama Canal tolls Panama Railroad Panama Railroad Company PARMELEE percent period present President PRINCE profit protection Public Law 280 purposes question reason recommend Republic of Panama revenues sanitation shipping interests Soo Canal statement STEESE subcommittee subsidy Suez Canal THOMPSON tion toll rate traffic transiting the Canal United Washington
Popular passages
Page 74 - the Atlantic and Pacific Oceans, by the way of the River San Juan de Nicaragua and either or both the Lakes of Nicaragua or Managua, to any port or place on the Pacific Ocean—the PRESIDENT OF THE UNITED STATES, has conferred full powers on JOHN M. CLAYTON, Secretary of State of the United States;
Page 77 - 4. No belligerent shall embark or disembark troops, munitions of war, or warlike materials in the canal, except in case of accidental hindrance of the transit, and in such case the transit shall be resumed with all possible dispatch. Prizes shall be in all respects subject to the same Rules as vessels of war of the belligerents.
Page 76 - of America; Who, having communicated to each other their full powers which were found to be in due and proper form, have agreed upon the following Articles: ARTICLE i The High Contracting Parties agree that the present Treaty shall supersede the afore-mentioned Convention of the 19th April, 1850.
Page 73 - IX. Ratification.] The UNITED STATES OF AMERICA and HER BRITANNIC MAJESTY, being desirous of consolidating the relations of amity which so happily subsist between them, by setting forth and fixing in a Convention their views and intentions with reference to any means of communication by Ship Canal, which may be constructed between
Page 75 - stipulations, to any other practicable communications, whether by Canal or railway, across the Isthmus which connects North and South America; and, especially, to the interoceanic communications—should the same prove to be practicable, whether by Canal or railway—which are now proposed to be
Page 77 - It is agreed that no change of territorial sovereignty or of the international relations of the country or countries traversed by the before-mentioned canal shall affect the general principle of neutralization or the obligation of the High Contracting Parties under the present Treaty. ARTICLE V The present Treaty shall be ratified by the President
Page 63 - passenger or cargo, 90 cents per net vesselton of 100 cubic feet each of actual earning capacity—that is, the net tonnage determined in accordance with the rules for the measurement of vessels for the Panama Canal. "3. On other floating craft, including warships, other than transports, colliers, hospital ships, and supply ships,
Page 75 - of the United States and Great Britain having not only desired in entering into this Convention, to accomplish a particular object, but, also, to establish a general principle, they hereby agree to extend their protection, by
Page 78 - XXIII. Protection of canal. XXIV. Change in government, laws, etc. XXV. Coaling stations. XXVI. Ratification. ISTHMIAN CANAL CONVENTION The United States of America and the Republic of Panama being desirous to insure the construction of a ship canal across the Isthmus of Panama to connect the Atlantic and Pacific oceans, and the Congress of the United States of
Page 77 - 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. IN FAITH WHEREOF the respective Plenipotentiaries have signed this Treaty and thereunto affixed their seals. DONE in duplicate at Washington, the 18th day of November, in the year of