PANAMA CANAL.

Taranaki Daily News, Volume LV, Issue 73, 13 August 1912, Page 5

PANAMA CANAL.

ENGLISH SHIPOWNERS' ATTITUDE. By Cable—Press Association—CopjTight. London, August 11. English shipowners complain of the violation of the Hay-Pauncefote Treaty. Some expect foreign protests, or the exercise of the President's veto. There is no disposition to transfer vessels to the American register. PROPOSED CONFERENCE. Washington, August 11. It is expected that a conference will be necessary between the two Houses to smooth the details of the Panama Bill, The President states that he expects to sign the Bill, though he does not approve of all its provisions. THE MEASURE CONDEMNED. New York, August 11. Several newspapers strongly condemn the Senate's action, and emphasise the fact that Britain may retaliate and reduce the Suez Canal tolls and divert trade thither. Exporters regard the Bill with extreme disfavor, fearing that the traffic will fall into the hands of one or two steamship trusts, and that the ultimate rates will be scarcely below the present land rates.

Professor Giddings, of Columbia University, declares that the Senate has abandoned the ideal of moral integrity, which the United -States ought to be the forrmost to uphold, and has placed the country in the position of a bully. He add? that the Bill absolutely disregards the country's pledges. PROTEST AGAINST THE BILL. Washington. August in. Mr. Taft told callers to-day that he expected to sign the Panama Bill as passed by the Senate. Telegrams of protest against the American registry of foreign ships indicate a fight against the final passage of the Bill. '