Panama Canal Tolls |
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Page 30
We have no objection to increased earnings . We have paid these rates over and over again , but we contend if there are to be any changes they should be made in the law . Senator DUFFY . The fact is , the way it has worked out , instead ...
We have no objection to increased earnings . We have paid these rates over and over again , but we contend if there are to be any changes they should be made in the law . Senator DUFFY . The fact is , the way it has worked out , instead ...
Page 36
The table , states the report , is to present a statistical report of net earnings on a basis comparable with corporate practice , but it is obvious that the cost of the Canal construction and development could not have been financed ...
The table , states the report , is to present a statistical report of net earnings on a basis comparable with corporate practice , but it is obvious that the cost of the Canal construction and development could not have been financed ...
Page 38
In practice , toll collections are presumed to be based on earning capacity , but in fact toll collections should be based on earnings , not earning capacity . When a ship transits the Canal in ballast the toll charge is 72 cents per ...
In practice , toll collections are presumed to be based on earning capacity , but in fact toll collections should be based on earnings , not earning capacity . When a ship transits the Canal in ballast the toll charge is 72 cents per ...
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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