The world must make up its mind to the fact that the Panama Canal is
intended by the United States as a means of securing her dominance in
the Pacific, without leaving her Atlantic coast too bare of protection
in the event of a great war. Great Britain is the only Power with any
shadow of a claim to object, and her claim would be founded on treaties
and arrangements which she has either abrogated or allowed to fall into
oblivion. Probably it will never be put forward. By a course of
negotiation, which, for steadiness of purpose and complete concealment
of that purpose until the right time came for disclosure, might be a
pattern to the most effective fighting despotism, the American democracy
has surmounted all obstacles of diplomacy in Panama just as the
obstacles of disease and distance were surmounted. The reluctance of a
disorderly sister Republic to grant the territory for the canal was
overcome by adding a beneficent one to its numerous useless revolutions.
The jealousy of Europe was first soothed and ultimately defied. It is
safe to venture the opinion that the reluctance of Ecuador to part with
the Galapagos will also be overcome. Then from New York to Pekin will
stretch a series of American naval bases--Cuba, Panama, the Galapagos,
Hawaii, the Philippines.
The intention, announced on some authority, of the United States to use
the canal in times of peace as a tariff weapon for the furthering of
American trade may arouse some protest, but it is difficult to see how
such a protest can have any effect. The United States will be able to
reply that it is her canal, bought with her own money, and that it is
her right, therefore, to do with it as she pleases. In a special message
to Congress at the end of 1911, Mr Taft urged the necessity for the
establishment of preferential rates for American shipping passing
through the Panama Canal. He cited the practice of foreign Governments
in subsidising their merchant vessels, and declared that an equivalent
remission of canal tolls in favour of American commerce could not be
held to be discrimination. The message went on: "Mr Taft does not
believe that it would be the best policy wholly to remit the tolls for
domestic commerce for reasons purely fiscal. He desires to make the
canal sufficiently profitable to meet the debt amassed for its
construction, and to pay the interest upon it. On the other hand, he
wishes to encourage American commerce between the Atlantic and the
Pacific, especially in so far as it will insure the effectiveness of the
canal as a competitor with the trans-Continental railways." The
President concluded, therefore, that some experimentation in tolls would
be necessary before rates could be adjusted properly, or the burden
which American shipping could equitably bear could be definitely
ascertained. He hinted at the desirability of entrusting such
experimentation to the executive rather than to the legislative branch
of the Government.
Public-domain text, read in full here on John Shaqi.
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