The Panama Canal: A history and description of the enterprise
John Stuart Mill · en
But I do not wish to end this little book with presages of future
discord. We must all hope that the Panama Canal will prove a new and
powerful influence for peace, that it will bring even East and West
together, not in strife and suspicion, but in friendship and a better
mutual understanding. There is surely a human interest and sympathy
transcending even those racial divisions which may seem most
insuperable. The great nation which has given this splendid gift to the
world should ask no better or more selfish reward than that it may
contribute to the welfare and progress of humanity at large.
APPENDIX I.
THE ISTHMIAN CANAL CONVENTION (COMMONLY CALLED THE HAY-PAUNCEFOTE
TREATY), 1901.
1. The high contracting parties agree that the present treaty shall
supersede the aforementioned (Clayton-Bulwer) convention of April 19,
1850.
2. It is agreed that the canal may be constructed under the auspices of
the government of the United States either directly at its own cost, or
by gift or loan of money to individuals or corporations, or through
subscription to or purchase of stock or shares, and that, subject to the
provisions of the present treaty, the said government shall have and
enjoy all the rights incident to such construction, as well as the
exclusive right of providing for the regulation and management of the
canal.
3. The United States adopts as the basis of the neutralization of such
ship canal the following rules substantially as embodied in the
Convention of Constantinople, signed the 28th October, 1888, for the
free navigation of the Suez Canal; that is to say:
First.--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. Such conditions and charges of traffic
shall be just and equitable.
Second.--The canal shall never be blockaded, nor shall any right of war
be exercised nor any act of hostility be committed within it. The United
States, however, shall be at liberty to maintain such military police
along the canal as may be necessary to protect it against lawlessness
and disorder.
Third.--Vessels of war of a belligerent shall not revictual nor take any
stores in the canal except so far as may be strictly necessary; and the
transit of such vessels through the canal shall be effected with the
least possible delay in accordance with the regulations in force, and
with only such intermission as may result from the necessities of the
service. Prizes shall be in all respects subject to the same rules as
vessels of war of the belligerents.
Fourth.--No belligerent shall embark or disembark troops, munitions of
war or warlike materials in the canal except in case of accidental
hindrance of the transit, and in such case the transit shall be resumed
with all possible despatch.