PANAMA CANAL.
BASIS IN FIXING THE DUES
By Telegraph—Press Association-Copyright (Rec. November 17, 5.5 p.m.) Now York, November IG. Professor Emory Johnson, the Government expert on. whose data President Taft based the Panama Cfinal dues, reports strongly against a discriminatory policy in favour of United States shipping. Ho declares that the opening of the canal should be sufficient stimulus to an already protected industry. Professor Johnson, in defining the policy on which Mr. .Taft fixed the Tates, states that the tolls should bo sufficiently low: (1) To onable tho canal to divert the South AmericnnJ>acific traffic from the Straits of Magellan; (2) to prevent the use of the Cape of Good Hope route between the Atlantic and gulf coast and Australia; (8) to divert from Suez the trade between' the Eastern United States and Singapore, and (4) to compete with the Suez Canal for a portion of the European commerce for the East.
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Dominion, Volume 6, Issue 1600, 18 November 1912, Page 5
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153PANAMA CANAL. Dominion, Volume 6, Issue 1600, 18 November 1912, Page 5
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