Word: panamas
(lookup in dictionary)
(lookup stats)
Dates: during 1930-1939
Sort By: most recent first
(reverse)
...Expanding West Coast shipyards are dependent upon steel plates coming through the Panama Canal and, in the event that the canal was rendered unusable by sabotage, it would hamper shipbuilding and repairs on the West Coast...
...Chilean ore-at Sparrows Point, Md. Bethlehem Steel takes ores in from Cruz Grande, Chile (4,265 miles away) at a freight cost of $2.50 to $3.00 per ton, plus Panama Canal tolls of $7.20; since no toll need be paid on Chilean ore laid down in Portland (5,739 miles from Cruz Grande), it should be cheaper there...
...slick shipping lobbies worked with might and main to modify the ironclad "carry" provisions backed by the Administration. They got nowhere, but they didn't give up. So, as soon as the Neutrality Act was passed, they bobbed up again with a plan to transfer U. S. ships to Panama registry and sail them into war zones...
...observers that the President wants to help the Allies in every way short of war, it seems likely that his heart was never really in the cash and carry law. To him it was no more than a quick way to drive a shrewd political bargain. And now the Panama registry plan has evidently appeared to the President an easy means of retrieving a part of the price he had to pay. With it, he can not only do the Allies a good turn, but also placate the aroused shipping interests...
...Professor Payson Wild states elsewhere in the Crimson, there are strong indications that Congress will smother the Panama plan. Congress and the people, unfortunately for Administration strategy, have taken the President's promises in good faith, and will demand enforcement of the law in letter and in spirit. To regain the confidence of the people, the Administration might well turn its attention to pushing in every way possible American trade interests in Latin America...