The Hawaiian gazette. [volume] (Honolulu [Oahu, Hawaii]) 1865-1918, 1912-11-26
CANAL TOLLS To
PAY ALL EXPENSES
Estimated Revenues for First
Decade to Be Twelve
Millions a Year

President Taft tonight issued a procla-
nation for which the business and ship
ping interests of the entire world have
been waiting 1t fixes the
rates of toll on vessels passing through
the Panama Canal.
With the proclamation was made
public report by Prof. Emery h.
johnson of the University of Pennsyl-
vania, the government S Panama trans
portatiOn expert, showing the probable
of traffic through the can
al. Professor Johnson figures that I'M
der the system of tolls promulgated by
the President the canal will be self
supporting during the first decade and
that in the second and succeeding de-
cades the revenue ought to be sufficient
to permit of the ultimate amortization
of the entire 1875, 100000 investment
in the canal.
No Tolls on Passengers.
The tolls fixed by the President are
practically those charged by the Slez
Canal with which the American water
way will compete for part of the
worlds shipping. The Panama Canal,
however, will not impose any toll on
passengers, while the Suez charges ten
francs for each passenger. Here is the
President 3 proclamation:
81 William Howard Taft, president
of the United States of America, by
virtue of the power and authority
vested in me by the act of congress,
approved August "a, 1912, to provide
for the opening, maintenance, protec-
ton and operation of the Panama Canal
and the sanitation and government of
the canal zone, do hereby prescribe and
proclaim the following rates of toll to
be paid by vessels using the Panama
Canal.
81. On merchant vessels carrying
passengers or cargo, one dollar and
twenty cents ($l.20) per net vessel ton,
each one hundred lO0) cubic feet-of
actual earning capacity.
"2. On vessels in ballast without
passengers or cargo forty (40) per cent
less than the rate of tolls for vessels
with passengers or cargo.
"3. Upon naval vessels other than
GOLFERS, hospital ships and
supply ships, fifty (o0) cents per dis
placement ton.
"a. Upon army and navy transports,
hospital ships and supply
ships, one dollar and twenty cents
($l.20) per net ton, the vessels to be
by the same rules as are en-
ployed in determining the net tonnage
of merchant vessels.
"The secretary of war will prepare
and prescribe such rules for the mea.
surement of vessels and such regula-
tons as may be necessary and proper
to carry this proclamation into full
force and effect.
Sin witness whereof, l have here
unto set my hand and caused the seal
of the United States to be affixed.
"Done at the city of Washington,
this the thirteenth day of November,
in the year of our Lord one thousand
nine hundred and twelve and of the
of the United States the
one hundred and thirty-seventh.
"By the President, z. G.. Knox, sec
rotary of State.
Expert Makes Report.
1t was upon Professor johnson s re-
port that the President based the tolls
The expert says in his report:
cit has been estimated by the 18TH
nian canal commission that the annual
expenses of the operation and mainten-
ince of the Panama Canal during the
early years of its operation will amount
10 1900, 900 and that 100000 per an
lum will cover the annual outlay for
sanitation and civil administration,
the canal zone is made gov
,rnment reservation and the popula-
ion is limited to the canal operatives
md their families. Ii is thus antiei-
lated that the annual expenses for the
operation aud maintenance Of the canal
nd the sanitation and government of
he zone will amount 10 8i,00O,O00. The
anal will cost $375,000000.
1.-The interest on the sum at three
Ger cent per Hnnum viii amount 10
u 100000. The canal concession
realty between Panama and the United
states requires tbs United States be
'lnning Ia 1918, 10 pay 100000 AN
Iunlly 10 FnnHmn. Thus the total nn
lual expenses for tho operation aud |
NJ the canal the govern
apnt and sanitation Of tbs l0HB, Tor
At annuity ~ Panama aud for the
niefesl on tAe Investment, aill bp 80, |
900 UlH
Yearly Revenue sls,ooO,O00
"lf Oh vessels American upi foe
4gu using ihr canal are mluifrl a. 7
aA falH "a ihr fHtr ~ HlsaH pen Hrf /
Hu iHr fr} rpnfs pff Hnuum iuurE lNn
Pee tNa af thee feam af lhr Wual /
relHil0p Hill average lfiHasa ila y