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
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Page 3
... things so very important in our own deliberations that I thought you all should have this opportunity . General , in addition to this information , what do you suggest should go into the record about your background ? STATEMENT OF BRIG ...
... things so very important in our own deliberations that I thought you all should have this opportunity . General , in addition to this information , what do you suggest should go into the record about your background ? STATEMENT OF BRIG ...
Page 4
... thing over $ 100,000,000 of what were classified as military or defense items , which made the Canal cost $ 382,000,000 of appropriated funds , and to that was added the interest on that money throughout the construction period , which ...
... thing over $ 100,000,000 of what were classified as military or defense items , which made the Canal cost $ 382,000,000 of appropriated funds , and to that was added the interest on that money throughout the construction period , which ...
Page 6
... things get straightened out . So that is a purely technical accounting proposition . Mr. THOMPSON . Apparently that will be one of our jobs , to figure out proper accounting method . When General STEESE . Your job is primarily an ...
... things get straightened out . So that is a purely technical accounting proposition . Mr. THOMPSON . Apparently that will be one of our jobs , to figure out proper accounting method . When General STEESE . Your job is primarily an ...
Page 9
... things in that capacity , as well as the financial structure . Mr. FUGATE . I was going to ask the General about his recom- mendations , if he has such in his mind , with reference to a policy . Mr. THOMPSON . The toll policy ? Mr ...
... things in that capacity , as well as the financial structure . Mr. FUGATE . I was going to ask the General about his recom- mendations , if he has such in his mind , with reference to a policy . Mr. THOMPSON . The toll policy ? Mr ...
Page 10
... thing between the Panama Canal and the Suez Canal , and we also do not dare put our tolls high enough to drive the business to the Suez Canal . The Suez Canal handles something like the same amount of traffic as the Panama Canal . The ...
... thing between the Panama Canal and the Suez Canal , and we also do not dare put our tolls high enough to drive the business to the Suez Canal . The Suez Canal handles something like the same amount of traffic as the Panama Canal . 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 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.