Parowan Times | 1939-08-25 | Page 3 | Hay-Pauncefort Treaty Protects the Panama Canal

treaty protects the panama canal was built by the we U S and is owned and controlled by this country both american and foreign vessels using it pay IOUs tolls for the privilege the united states by treaty with the republic of M panama has a perpetual lease of 1 I the canal zone and has exclusive control of it according to the terms of the hay treaty or of nol 1801 which for I 1 prepared the way its s construction the canal shall be the panama canal tree free and open to the vessels of commerce and of w war ar of all nations observing the these se rules on terms term S of entire equality ol 01 the treaty stipulates that a b belligerents Illge rents war vessels may have transit through the cana canal with t h the least possible delay and fid without 0 ut taking on SO stores t re S or panama has no right to troops possession of the canal and is take it by not lik likely ely to undertake to gain force