PANAMA CANAL DUES.
A POLICY DEFINED
[UNITED PRESS ASSOCIATION—COPYRIGHT] (Received Nov. 17, 5.5 p.m.) NEW YORK, Nov. 17. Professor Amory Johnson, the Government expert on whose data President Taft based his Panama dues, reports strongly attacking any discriminatory policy of tariffs and says the opening of the Canal should Ik; a sufficient stimulus for already sufficientlyprotected industry. Professor Johnson, defining the policy whereon President Taft fixed the rates, states that the tolls should be sufficient to enable the Canal to divert South American Pacific traffic from the Straits of Magellan, and secondly to prevent the use of the Cape of Good Hope route between tlie Atlantic Gulf and the Coast of Australia, and thirdly to divert from the -Suez Canal trade between the Eastern United States and Singapore, and fourthly, to compete with Suez for a portion of the European commerce for the East.
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Gisborne Times, Volume XXXIII, Issue 3682, 18 November 1912, Page 5
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144PANAMA CANAL DUES. Gisborne Times, Volume XXXIII, Issue 3682, 18 November 1912, Page 5
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