PANAMA CANAL.
_4 PREFERENCE DISCUSSED. ' VIEWS OF SIR W. HALL-JONES. By Telegraph-Press Association-Copyright London, January 5. The rumour that tho United States is contemplating indirect prefereuco on vessels passing through tho Panama Canal is exciting a controversy. Sir William Hall-Jones, New Zealand High Commissioner, in an interview, declared that the United States could give compensating bonuses equivalent to canal dues- without infringing the Hay-Pounce-fotc treaty. In nddition to tho gain in mileage to New Zealand vessels using the Panama Canal, it will mean a saving of from 30 to 40 per cent, of coal or oil, compared with coaling at Monte Video. The American mercantile marine, said Sir William, was not strong enough to become a formidable competitor with British vessels, therefore it was not likely that the United States would damage the interests of the canal by making it unprofitable to tho principal potential users.
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Dominion, Volume 5, Issue 1331, 8 January 1912, Page 5
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146PANAMA CANAL. Dominion, Volume 5, Issue 1331, 8 January 1912, Page 5
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