Word: panamas
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Dates: during 1930-1939
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...rental of the Canal Zone, the U. S. Government in 1904 contracted to pay the Republic of Panama $250,000 annually. When President Roosevelt knocked the U. S. dollar down to 59? in 1934, the U. S. handsomely agreed to up the annual rent to $430,000. But since the day the new rent was first due (Feb. 26, 1934), the U. S. has paid not a cent, now owes $2,150,000. Reason: The new agreement was buried in the revamped U. S.-Panama treaty, still unratified by the U. S. Senate, presumably because of the fear that other...
When the S.S. California was built for the Panama Pacific Line in 1928, she was the largest (17,833 tons) commercial ship ever constructed on U. S. ways, the largest in the world with electric propulsion. Last week, when the California tied up at Pier 61, Manhattan, near her idle sisters, Pennsylvania and Virginia, it was the first time the three vessels had ever been in port together, the last time any one of them would slip a hawser for Panama Pacific...
...Panama Pacific's coffin had three big nails in it: Last June, after Congress withdrew all ocean mail subsidies, empowering the Maritime Commission to make a new deal, Panama Pacific lost its annual $450,000 mail subsidy and got nothing in its place. Beginning nine weeks ago, the Panama Canal changed toll charges in such a way that Panama Pacific's annual expenses would have been increased about $37,000. Third coffin nail was a rusty West Coast labor problem...
...line prepared last week to dismiss 1,200 men for good & all, Panama Pacific expressed the hope that the Maritime Commission would buy the three idle ships, charter them for operation by other companies between New York and the east coast of South America...
...implements" or "foodstuffs." A truck careening down the road at Montauban overturned last week, the French driver was killed, four large cases of "foodstuffs" broke open, and out rolled war plane motors. At Honfleur, France, an overloaded winch, lifting huge cases out of a steamer flying the flag of Panama which had arrived with "agricultural machinery" for Leftist Spain, broke down. This accident smashed against the side of the dock cases which broke open, spilled out six-inch gun carriages and a submachine...