The Wilmington daily Republican., 1901-12-06
NEW CANAL TREATY
Text Of Revised Hay-Paunoe-
fOte Convention.
WATERWAY NEVER TO Be BLOCKED
Our Government Authorised to Con-
struOt Work Directly at Its Own
Cost, and II IL to De Open
to All Nations.

Sub&S uHu - W bc "VCu
to All Nations.
WASHINGTON, Dec. 6.-The full
text of the new HVPauncefote treaty,
providing for the construction of a ca
nal across the isthmus of Panama.
which was sent to the senatc, is a.;
follows:
Article 1.-The high contracting par
ties agree that the present treaty shall
supersede the aforementioned cOnven-
tion of the 10Th of April, 1850
Article 2.-It is agreed that the canal
may he constructed under the auspices
Of the government Of the United States
either directly at its own cost or by
gift or loan of money to individuals or
corporations or through subscription
to or purchase of stock or shares and
that. subject to the provisions of the
present treaty. the said government
shall have and enjoy all the rights i'll
cident to such construction as well as
the exclusive right Of providing for
the regulation and management of the
canal.
Article 3.-'rhn United States adopts
as the basis of the naturalization OF
such ship canal substantially rs enl-
bodied in the convention of ConStani-
nople, signed the 2Sth of October. 1883,
for the free navigation of the Surz ca.
nal-that is to say:
First.--The canal shall be free and
open TO the vessels of commerce and Of
war Of all nations observing these so
that there shall he no discrimination
against any such nation or its citizens
or subjects in respect of the rules on
terms OF entire equality, conditions or
charges of traffic or otherwise. Such
conditions and charges of traffic shall
be just and equitable.
Second.-The canal slmlI never be
blockaded nor shall any right of war
be exercised nor any act Of hostility
be committed within it. The United
States. however shall he at liberty to
maintain such military police as may
be necessary to protect it against law
lcssness and disorder.
Third.-NesSels of war of a bel
ligcr"nt shall not revictual nor take
any stores in the canal except So far
as may be strictly necessary. and the
transit of such vessels through the
canal shall be effected with-thc least
possible delay in accordance with the
regulations in force and with only such
intcrmission as may result from the
necessities of the service Prizes shall
be in all respects subject to the same
rules as vessels of war of the bel
ligcrcnts.
Fourth.-No bellIgrront shall embark
or disemhark troops, munitions of war
or warlke materials used in the canal
except in case of accidental hindrancc
of the transit, and in such case the
transit shall be resumed with all possi-
bic dispatch.
Fifth.-The provisions of this article
shall apply to waters adjacent to the
canal within three marine miles of
either end. Vessels of war of a bellig-
erent nation shall not remain in such
waters longer than twenty-four hours
at any one time except in case of dis
tress, and in such case shall depart as
soon AS possible, hut vessel of war of
one bclligerent shall not depart within
twcnty-four hours from the departure
Of a vessel of war of the other belliger-
ent
sxth.-The plant, establishments,
buildings and all works necessary to
the construction, maintenance and op-
GRAFTON Of the canal shall be de, med
to be parts thereof for the purposes of
this treaty, and In time of war, as in
time of peace, shall enjoy complete i'm.
munity from attack or injury by bellig-
erents and from acts calculated to I'M
pair their usefulness as part of the
canal
Article At is agreed that no change
of territory. sovereignty or of interna-
tional relations of the country or conn
tries tlaversed by the before mentioned
canal shall affect the general principle
Of naturalization of the obligation of
the high contracting parties under the
present treaty.
Article 5.--'The present treaty shall be
ratified by the president Of the United
States by and with the advice and
consent of the senate thereof and by
his Britannia majesty, and The RI atilica-
tons shall be exchanged at Washing
ton or at London at the earliest poSSi-
bic time within six months from the
date hereof.