Panama Canal Rates Fixed

50%

Pacific Press Publishing Association · Mountain View, California · Dec 24, 1912

FromSigns of the Times, Vol. 39, No. 50.

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Panama Canal Rates Fixed

President Taft has fixed the rates for the Panama Canal, on merchant vessels carrying passengers or cargo, $1.20 per net vessel ton — each 100 cubic feet — of actual earning capacity; and on vessels in ballast, without passengers or cargo, 40% less; upon naval vessels, other than transports, colliers, hospital ships, and supply ships, fifty cents per displacement ton; upon army and navy transports, colliers, hospital ships, and supply ships, $1.20 per net ton.