Panama Canal Tolls |
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Page 33
The Panama Canal represents an expenditure of $ 485,000,000 ; the figure thus arrived at includes the actual cost of construction , plus a carrying charge or interest on the investment of approximately 3 percent up to the official date ...
The Panama Canal represents an expenditure of $ 485,000,000 ; the figure thus arrived at includes the actual cost of construction , plus a carrying charge or interest on the investment of approximately 3 percent up to the official date ...
Page 103
This is not only misleading , but is flatly opposed to the actual facts of the case . The Panama Canal is a vital link in our scheme of national defense . Under certain war situations that might arise it would be the most important ...
This is not only misleading , but is flatly opposed to the actual facts of the case . The Panama Canal is a vital link in our scheme of national defense . Under certain war situations that might arise it would be the most important ...
Page 104
... without regard to possible enhancement of value to our Navy in time of war , the Canal would have cost only from 5 to 10 million dollars less " is not in accord with responsible thought on this subject , or with the actual facts .
... without regard to possible enhancement of value to our Navy in time of war , the Canal would have cost only from 5 to 10 million dollars less " is not in accord with responsible thought on this subject , or with the actual facts .
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Contents
Letter President Roosevelt to Senator Clark with enclosures | 29 |
21 | 35 |
255 | 41 |
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Common terms and phrases
actual additional administration American amount annual appropriations approximately average ballast basis believe bill Canal authorities capital cargo carried cents CHAIRMAN charges collections committee companies CONGRESS THE LIBRARY consideration considered construction cost cubic deck deck loads desire determined dollars earnings effect equal exemption expenses fact feet figure fiscal fixed follows foreign further Government Governor hearings included increase interest investment June 30 laden legislation less LIBRARY OF CONGRESS limits Line Luckenbach matter measurement military million modifications necessary officials operating owners paid Panama Canal rules passenger percent ports present President proper proposed question Railroad rate of tolls reading reason recommended reduction referred represent result revenues Secretary secure Senator DUFFY SHEEDY shipowners ships SMITH space statement steamship structure submitted Suez tion Tolls Committee tonnage tons trade traffic transit United vessels