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 41
Page 4
... figures were all revised along about '36 or '37 , when this same question came up about revising the toll structure . The tolls had never been satisfactory , and the matter was finally adjusted satisfactory to the Canal management , at ...
... figures were all revised along about '36 or '37 , when this same question came up about revising the toll structure . The tolls had never been satisfactory , and the matter was finally adjusted satisfactory to the Canal management , at ...
Page 6
... figure out a proper accounting method . General STEESE . Your job is primarily an accounting job . The United States Treasury never sets up amortization . When the money is gone it is gone , and on that basis the Treasury has gotten ...
... figure out a proper accounting method . General STEESE . Your job is primarily an accounting job . The United States Treasury never sets up amortization . When the money is gone it is gone , and on that basis the Treasury has gotten ...
Page 7
... figures in . Now , if a couple of generations later they needed a fourth lock , that would be a mere matter of moving over and putting a fourth lock in . When I say a fourth lock , I mean a INVESTIGATION OF PANAMA CANAL TOLLS 7.
... figures in . Now , if a couple of generations later they needed a fourth lock , that would be a mere matter of moving over and putting a fourth lock in . When I say a fourth lock , I mean a INVESTIGATION OF PANAMA CANAL TOLLS 7.
Page 9
... Mr. THOMPSON . Do you happen to have in your mind the compari- son between the cost of going through the Suez Canal and going through the Panama Canal ? General STEESE . I have not the figures on that INVESTIGATION OF PANAMA CANAL TOLLS 9.
... Mr. THOMPSON . Do you happen to have in your mind the compari- son between the cost of going through the Suez Canal and going through the Panama Canal ? General STEESE . I have not the figures on that INVESTIGATION OF PANAMA CANAL TOLLS 9.
Page 10
... figures on that , sir , but we have to , in considering the tolls question for our coastwise shipping , keep the tolls low enough that on bulk commodities , at least , the ships can afford to use the Canal in competition with the ...
... figures on that , sir , but we have to , in considering the tolls question for our coastwise shipping , keep the tolls low enough that on bulk commodities , at least , the ships can afford to use the Canal in competition with the ...
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