Word: tradings
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Dates: during 1920-1929
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...total. Great Britain stood next with 22.4%; and 19 other nations, including the Free City of Danzig, Yugo-Slavia, Finland, trailed with none of them as much as 5% of the traffic. Exactly half the ships using the Canal were engaged in the U. S. intercoastal trade. In all, 5,230 toll-paying ships, having a net tonnage of 26,148,878, used the Canal. Since the Canal has a capacity of about 50,000,000 tons annually, it was doing about half its possible business...
...American commercial vessels pay toll. During President Taft's Administration a law was passed exempting U. S. vessels in coastwise trade from toll, but Great Britain objected that this was a violation of the Hay-Pauncefote Treaty under which the U. S., formerly a partner in the canal business with Great Britain, acquired sole rights in the project and promised equal treatment to "all nations." Elihu Root, then a Senator, held that the law violated our treaty promise. President Wilson and Ambassador Page took the same attitude. In the Spring of 1914. the President asked that...
...preliminary session of the Conference, after Herluf Zahle of Denmark had been elected President, Mr. Porter brusquely insinuated that the first conference, called to discuss the means of eliminating illicit trade in opium (TIME, Nov. 24), had been wasting time. The American delegation, he inferred, was out to force the issue. Said he: "We have no agreement before us and yet we must deal effectively with the question of production. The dictates of common sense demand a frank admission of the dilemma in which this failure has placed the second conference, and the consideration of the possibility and wisdom...
...Progressive suppression of the manufacture of and internal trade in prepared opium...
...Trade Draws U. S. to Orient