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THE PANAMA CANAL.

EXPERT ON THE DUES

New York, November 16. Professor Emory Johnston, the Government expert on whose data. President Taft based his Panama Canal dues, reports strongly attacking the discriminating policy. The opening of the Canal, he says, should he a sufficient stimulus. They already sufficiently protected industry. Professor Johnston, defining tne policy on which .President Taft fixed the rates, states that the tolls should be sufficient to enable the Canal to divert the South American Pacific traffic from the Magellan Straits; secondly, to prevent the use of the Cfipe of Good Hope route between the Atlantic Gulf coast and Australia ; thirdly, to divert from the Suez Canal the trade between the Eastern United States and Singapore; fourtaly, to divert the Suez portion of European commerce for the East.

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https://paperspast.natlib.govt.nz/newspapers/STEP19121118.2.21

Bibliographic details

Stratford Evening Post, Volume XXXIV, Issue 72, 18 November 1912, Page 5

Word Count
131

THE PANAMA CANAL. Stratford Evening Post, Volume XXXIV, Issue 72, 18 November 1912, Page 5

THE PANAMA CANAL. Stratford Evening Post, Volume XXXIV, Issue 72, 18 November 1912, Page 5

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