PANAMA CANAL.
TERMS OK i'HE TREATY, PER PRESS ASSOCIATION. Received 25 r».3i| p.m. VVasihkgtos, J.tumry 24. The Panama Canal treaty has bean referred to th=> Amarican Senate i' Foreign Relations Committea. It provides that Am rica shrill piy ten million dollar-i in gold, ar.d thereafter an annuity of a quarter t f a million dollars, and iuß'( ad of Mr Hay's offer of a hundrol thousand dolUrs for the leas* of n zone sis miles wide b irderiog the Can il, Amorici is given the right to protect by military force, such zine if Colombia is unable to do so.
The troa'y also provides for a leus of the Caoal for a century, renewable at America's option. Colombia, hewever, is to hav<« a voice in the matter. The control of ths waters from Colon to Panama is v. sted in America in O'dfr <o ensure the working of the Caml, and Americas extra-territorial jurisdiction with regard tothestreuns p rtainiog to the Oanal is to be unqu<stiocei. Port dues go to America in oon(iteration of the payment of the annuity.
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Taranaki Daily News, Volume XXXXV, Issue 21, 26 January 1903, Page 2
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179PANAMA CANAL. Taranaki Daily News, Volume XXXXV, Issue 21, 26 January 1903, Page 2
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