The Panama CanalHaskin, Frederic J. (Frederic Jennings)
History
The Panama Canal
Haskin, Frederic J. (Frederic Jennings)
Panama Canal (Panama)
The long and earnest debate brought forth from some the prediction
that England would not acquiesce in such a construction of the treaty,
and from others the statement that under the terms of that instrument
other nations had a right to protest against the fortification of the
canal. In the face of these arguments, however, Congress determined by
a substantial majority to fortify the canal, and the whole world has
acquiesced. England not only did not protest, but in its toll
controversy notes expressly declared that the United States had the
right to fortify the canal.
CHAPTER XXV
FIXING THE TOLLS
Long before the Panama Canal was finished shipping interests in every
part of the world began inquiring minutely as to probable rates of
toll, stating that it would be necessary for them to have this
information before making plans to meet the changed conditions. Some
wanted to plan construction of new ships, while others desired
principally to readjust their transportation lines in accordance with
the new conditions.
With this in mind, President Taft in 1912 recommended to Congress the
passage of a law fixing the tolls and providing for the permanent
operation of the canal. Congress, acting upon this recommendation,
passed what is known as the Permanent Canal Law. In this law are
stated the terms under which the canal may be used by the shipping
world. It authorizes the President to prescribe, and from time to time
to change, the tolls that shall be levied by the Government of the
United States for the use of the canal. No tolls may be levied on
vessels passing through the canal from one United States port to
another. Provision was also made that tolls might be based upon gross
or net registered tonnage, displacement tonnage, or otherwise, and
that they might be lower on vessels in ballast than upon vessels
carrying cargo. When based upon net registered tonnage, for ships of
commerce, the tolls can not exceed $1.25 per ton, nor be less, other
than for vessels of the United States and its citizens, than the
estimated proportional cost of the actual maintenance and operation of
the canal. The toll for each passenger was fixed at not more than
$1.50.
Public-domain text, read in full here on John Shaqi.
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