Investigation of Panama Canal Tolls: Hearings Before the Special Subcommittee to Investigate Panama Canal Tolls, Eighty-first Congress, First Session, on H.Res. 44 |
From inside the book
Results 1-5 of 34
Page 6
... gives a fair return to the Government . Those original Panama Canal bonds were issued at 2 percent . During World War I the cost to the Government was 44 percent to peddle its bonds . Recently they have been getting Treasury notes for ...
... gives a fair return to the Government . Those original Panama Canal bonds were issued at 2 percent . During World War I the cost to the Government was 44 percent to peddle its bonds . Recently they have been getting Treasury notes for ...
Page 7
... give a little more margin for the fleet . That would have to be evaluated . Part of that is for commer- cial use and part of it is purely for the convenience of the fleet . So that would be a question of division . In your ...
... give a little more margin for the fleet . That would have to be evaluated . Part of that is for commer- cial use and part of it is purely for the convenience of the fleet . So that would be a question of division . In your ...
Page 9
... give the transcontinental railroads the business . So you have , fortunately , two lobbies there that are opposing each other and that helps you carry the middle ground . I think that the Panama Canal is a grand commercial institution ...
... give the transcontinental railroads the business . So you have , fortunately , two lobbies there that are opposing each other and that helps you carry the middle ground . I think that the Panama Canal is a grand commercial institution ...
Page 10
... give the ships a sub- stantial subsidy , because that would be unfair to the business structure as a whole . When it comes to foreign shipping , Europe to China or Australia , it is a pretty close thing between the Panama Canal and the ...
... give the ships a sub- stantial subsidy , because that would be unfair to the business structure as a whole . When it comes to foreign shipping , Europe to China or Australia , it is a pretty close thing between the Panama Canal and the ...
Page 12
... give him a preliminary estimate on that , but they will not guarantee to do it at that . When you tear the thing down you sometimes find undisclosed or unsuspected additional work that has to be done . They try to give as accurate an ...
... give him a preliminary estimate on that , but they will not guarantee to do it at that . When you tear the thing down you sometimes find undisclosed or unsuspected additional work that has to be done . They try to give as accurate 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 THE LIBRARY construction cost of operation deficit DREWRY DUNLOP employees facilities figures fiscal foreign shipping forgiven tolls FUGATE future Government vessels Governor Hay-Pauncefote Treaty increase intercoastal shipping intercoastal trade interest charge LIBRARY OF CONGRESS LIBRARY RAR locks Maritime Commission MELLEN merchant marine military MILLER national defense Navy NEWCOMER NGRESS November 18 operating costs operating expenses Pacific Panama Canal tolls Panama Railroad Panama Railroad Company PARMELEE percent period present President PRINCE profit protection purposes question RARY recommend Republic of Panama RESS revenues sanitation shipping interests Soo Canal statement STEESE subcommittee subsidy Suez Canal THOMPSON tion toll rate traffic transiting the Canal treaty United Washington
Popular passages
Page 21 - The canal shall be free and open to the vessels of commerce and of war of all nations observing these rules, on terms of entire equality, so that there shall be no discrimination against any such nation, or its citizens or subjects, in respect of the conditions or charges of traffic or otherwise.
Page 83 - The Republic of Panama further grants in like manner to the United States in perpetuity all islands within the limits of the zone above described and in addition thereto the group of small islands in the Bay of Panama, named Perico, Naos, Culebra and Flamenco.
Page 75 - Treaty shall be ratified by the President of the United States, by and with the advice and 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.
Page 74 - April, 1850, commonly called the Clayton-Bulwer Treaty, to the construction of such canal under the auspices of the Government of the United States, without impairing the "general principle...
Page 77 - II which the United States would possess and exercise if it were the sovereign of the territory within which said lands and waters are located to the entire exclusion of the exercise by the Republic of Panama of any such sovereign rights, power, or authority.
Page 103 - An Act to provide for the construction of a canal connecting the waters of the Atlantic and Pacific Oceans...
Page 76 - Colombia, and the sovereignty of such territory being actually vested in the Republic of Panama, the high contracting parties have resolved for that purpose to conclude a convention and have accordingly appointed as their plenipotentiaries, — The President of the United States of America, John Hay, Secretary of State, and The Government of the Republic of Panama, Philippe...
Page 72 - The contracting parties will use whatever influence they respectively exercise with any State, States, or governments, possessing, or claiming to possess, any jurisdiction or right over the territory which the said canal shall traverse, or which shall be near the waters applicable thereto, in order to induce such States or governments to facilitate the construction of the said canal by every means in their power.
Page 73 - ... sufficient capital subscribed to accomplish the contemplated undertaking; it being understood that if, at the expiration of the aforesaid period, such persons or company be not able to commence and carry out the proposed enterprise, then the Governments of the United States and Great Britain shall be free to afford their protection to any other persons or company that shall be prepared to commence and proceed with the construction of the canal in question.