New-York tribune., 1903-01-25
PANAMA CANAL TREATY.
ITS TEXT Made PUBLIC
Agreement BetsCeen the United States
and Colombia.

Washington Jan. 24-The Senate late this af-
ternoon held brief executive session and voted
TO make the Panama Canal treaty public The
letters of transmittaI of the President and Sec
retary Hay brief and formal. and con-
tanned recommendations. Article of the
treaty is as follows:
The government of Colombia authorizes the
New Panama Canal Company to sell and trans
fer TO the United States its rights, privileges.
properties and concessions, well the Pana-
ma railroad and all the shares part Of the
shares Of that company; but the public lands
situated outside OF the zone hereinafter spec-
fed now corresponding to the concessions to
both said enterprises. shall revert to the republic
Of Colombia, except any property now owned
by or IN the possession Of the said companies.
within Panama or Colon, or the ports and ter
nninals thereof.
But it is understood that Colombia reserves
all its rights 10 the special shares in the capita,
OF the New Panama Canal Company, to which
reference is made in Article " or the contract
of December 10 1880 which shares shall be
paid their full nominal value at least: hut as
such right of Colombia exists solely In its char
acter Of stockholder in said company, obliga-
ton under this provision is imposed upon or
assumed by the United States.
The railroad company (and the United States
as owner of the enterprise shall be free from
the obligations imposed by the railroad conces-
sion, excepting to the payment at maturity
by the railroad company Of the outstanding
bonds issued by said railroad company.
Article II relatea to the concession for con-
structing the canal and the rights of this gov
with the privilege of having the lease per-
petualiy renewed.
GRANT OF CANAL STRIP.
Article III grants to the United States zone
Of territory ten kilometres (about six miles)
wide:
Including therein the necessary auxiliary
canals, not exceeding in any case fifteen miles
from the main canal and other works, together
with ten fathOm5 Of water in the Bay OF LlInon
in extension Of the canal, and at least three
marine miles from mean low water mark from
each terminus Of the canal into the Caribbean
Sea and the Pacific Ocean, respectively. So far
as necessary for the construction, maintenance
and operation Of the canal, the United States
shall have the and occupation of the group
of small islands in the Bay of Panama named
Terico Naos Culebra and Flamenco, but the
same shall not be construed as being within the
zone herein defined nor governed by the speclaI
provisions applicable to the same
= This grant shall in no invalidate the
titles or rights of private landholders in the said
zone Of territory, shall it interfere with the
rights Of way over tie pubhc roaos Oh tne I ue
partment; provided, however, that nothing
herein contained shall operate to diminish I'M
pair or restrict the rights elsewhere herelh
granted to the United States
This grant shall not include the cities or rama
ma and Colon, except SO far as lands and other
property therein are owned by or IN posses
sion of the said canal company or the said rail-
road company; but all the stipulations contained
in Article XXXV of the treaty of 1S46-'4S be-
tween the contracting parties shall continue ana
apply in full force to the cities OF Panama aho
colon and to the accessory community LANDS
and other property within the said zone and the
territory thereon shall be neutral territory, ana
the United States shall continue to guarantee
the neutrality thereof and the sovereignty OF
Colombia thereover, in conformity with the
above mentioned Article XXHV OF said treaty
In furtherance of this last provision. there
shall be created joint commission by the gov
ernments of Colombia and the United states
that shall establlsh ana enforce SANITARY anu
police regulations
THE SOVEREIGNTY QUESTION.
Article ~. The rights and privileges granted
70 the United States by the terms of this con-
,,entfon shall not affect the sovereignty OF the
renubIic of Colombia over the territory wlthlh
whose boundaries such rights anu 4eee' ~
- The he ITnited States freely acknowledges and
r.oIogpizes this sovereignty, and dlsaVoWs any
Intention to impair II IN any way az S,i3 VI
10 increase its territory at the expense OF SoIom
,ia or of any of the sister republics In central
or South America, but on the contrary, II T ae-
sires to strengthen the power OF tise repup%Ilcs %
o,, This continent and TO promote. develop ana
maintain their prosperity and independence.
AUXILIARY WORKS
Article V The Republic of Colombia author
80 +ba Tinted States to construct and main
tain at each entrance and terminus OF the pro
posed canal a port for vessels using the sdiie,
Ri+t, suitable lighthouses and other aids TO
- ,-ie,a tfon and the United States is authorized
&c ,Ise and occupy within the limits Of the zone
fixed by this convention such parts Oh llie Ioso'
line and of the lands and Islands adjacent there-
20 sc are necessary for this purpose, including
the construction and maintenance OF break
waters dikes, Jettes, enbankments, codlns
esations docks and other appropriate works,
and the United States undertakes the construc-
struction and maintenance Of such WORKS anu
iI hear All the expense thereof. The ports,
raap ssta blished are declared free, and their
demarcations shall be clearly and definitely de-
fined. a...,., +h. r-,... c.o+as
viii gave special attention and care to the main
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