Panama Canal Tolls |
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Page 31
We believe , as far as the rate structure is concerned , it should be fixed by statute , and that the financial value should be based on the 475 million dollars . We think that is proper . We do not think they should bolster that except ...
We believe , as far as the rate structure is concerned , it should be fixed by statute , and that the financial value should be based on the 475 million dollars . We think that is proper . We do not think they should bolster that except ...
Page 33
... states : " A careful study shall be made of the costs of the Canal in order to establish , if possible , a capitalization to determine the fair commercial value that should be fixed for the canal and its varied allied activities .
... states : " A careful study shall be made of the costs of the Canal in order to establish , if possible , a capitalization to determine the fair commercial value that should be fixed for the canal and its varied allied activities .
Page 49
Suggestion has been made that the Suez Canal has a more elastic system of transit charges and they have changed their rates many times , while we have had a fixed rate without change ever since the Canal opened .
Suggestion has been made that the Suez Canal has a more elastic system of transit charges and they have changed their rates many times , while we have had a fixed rate without change ever since the Canal opened .
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Contents
Letter President Roosevelt to Senator Clark with enclosures | 29 |
21 | 35 |
255 | 41 |
1 other sections not shown
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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