New-York tribune., 1901-12-06
THE NEW CANAL TREATY
rrcLTSIFE RIGHTS SECURED
no THE UNITED STA TES.
rryT OF THE HAY-PAUNCEFOTE con
vENTION, ,SUPERSEDING THE CLAY
TON-RULWER TREATY

-r.shingt0n, Dec. 5.-The text of the rev Hay-
,ncsfote Isthmian Canal Treaty sent to the
Iera,e by President Roosevelt yesterday. was made
bie to-day. IL Is follows:
The United States OF America and His Majesty
=" ra,rard the VII of the United Kingdom of
Great Britain and ireland. and of the British
DomInions beyond the Se;.s King and EN-
peror OF India, being desirous to facilitate
the construction OF ship canal to connect
the Atlantic and Pacific oceans by whatever
route NAV ha considered eXpedient. and to
that END TO remove any objection which may
arise out of the convention OF the 18th of
April 1850 commonly called the Clayton
Buiwer Treaty to the construction of such
canal under the auspices of the Government
Of the United States without impairing the
general principle" of naturalization estab-
lished in Article VIII OF that convention.
have for that purpose appointed their
Observation-Disclosures:
the President Of the United States. JOHN HAY.
Secretary Of State of the United States of
America: and His Majesty, Edward the VII.
O. the United Kingdom of Great Britain and
Ireland and Of the British Dominions be-
yond the Seas. King, and Emperor of India,
the Right Honorable LORD PAUNCEFOTE.
G. C B, G. C NJ G., His MajeSty's AmbaS-
sador Extraordinary and Plenipotentiary 20
the United States.
Who having communicated to each other their
fill powers, which were found to be in due
and proper form have agreed upon the fol-
lowing articles:
ARTICLE L
The high contracting parties agree that the
nresent treaty small SuperSeQe lne dIOIeLIen-
tioned convention of the 18th April 1890.
ARTICLE II.
II is agreed that the canal may be con-
structed under the auspices of the Government
of The United States either directly at its own
cnst or by gift or loan OF money to indl-
yiduals or corporations or through subscription
TO or purchase of stock or shares. and that sub
ject TO the provisions Of the present treaty, the
said Government shall have and enjoy all the
rights incident 10 such construction, as Well as
the exclusive right of providing for the regua-
ton and management of the canal
ARTICLE Ill
The United States adopts as the basis of the
neutralization OF such ship canal. the following
rules substantially embodied in the ConVen-
ton Of Constantinople. signed the 18th OCTOBER,
1855 for the free navigation of the Suez Canal,
that is TO say:
/ The canal shall be free and open to the
vessels Of commerce and of war of all NATIONS
ty. SO that there shall be no discrimination
against any such nation, or its citizens or sub
jects in respect of the conditions or charges OF
traffic or otherwise Such conditions ana
charges of traffic shall be just and equitable
. The canal shall never be blockaded, nor
shall any right of war be exercised nor any
act of hostility he committed within II. Inc
United States however, shall be at nDerty 10
maintain such military police along the canal
as may be necessary 10 protect it against law
lessness and disorder
5 Vessels of war of a belligerent shall not
rerictual nor take any stores in the canal eN-
eerf So far as may be strictly necessary; and the
be effected viii: the least possible delay In &C
ooaance with :he regulations in force, and
with Only such inter11ssion as may result from
the necessities OF the service
Prizes shall be 1 all respects subject TO the
same rules as vessels of war of the belllgerents
! No Delligerent shall embark or dlSembarh
trorps munitions of war or warlike materials
In the canal except in case Of accidentai
hndrance Of the transit and in such case the
transit shall be resumed W1th all possi"ie uis
patch. i'll. -,,o,, ,.,.,,, ~
waters adjacent tC the canal, wlthln three ma
rne miles of either end. Vessels OF var OF
hellig-erent shall not remain in such waters
loaeer than tNenty-four hours at any one tlns
evren+ IN case Of distress and in such case shall
az one belIigerent shall not depart Wltnln t"eh,
ty-four hours from the departure of Vessel OF
var of the other belligerent.
G The plant. esta 5iiShnents, pulIciilSs anu On
TorlIs necessary to the construction nam
tn7rlce and operation OF the ca1fal sildll ps
tsemed to be parts thereof for the purposes os
sc traatv and in tine of war, as in time OF
,eace snail enjoy complete immunity from at
- or injury by beIligerents. and from acts
aIculated to impair their usefulness as part VI
le ARTICLE "
II is agreed that no change of territorial .Ial
seyereignty or of international relauonS oI the
,o,,rtrv or countries traVersed by the before
4en1io,,,d canal shall affect the general pflh-
|erle of naturalization or the obligation OF the
|high contracting parties under the present
treaty.
The nresArt treaty shall be ratified by the
President of the United States by and "ltn
the advice and consent OF the Senate thereof
and bZ His I;rjtannic Majesty: and the ratlflca-
tio1s ef7aT he exchanged at Washington or al
London at the earliest possible time Wlthlh siN
months from the date hereof
In fsitn whereof the respective plenipotentiarleS
have signed this treaty and hereunto aIiiNeu
their seals. ,o., .,-
Done in duplicate at Washington. the 18th day
of November in the year OF our Loiu 'i'
nj. hundred ana one.
Holm hay. (SeaL)
PAUNCEFOTE. tSealJ