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THE PANAMA CANAL CONTROVERSY

That section forty-one hundred and thirty-two of the Revised Statutes is hereby amended to read as follows:

Section 4132. … Tolls may be based upon gross or net registered tonnage … When based on net registered tonnage for ships of commerce the tolls shall not exceed one dollar and twenty-five cents per net registered ton, nor be less, other than for vessels of the United States and its citizens, than the estimated proportionate cost of the actual maintenance and operation of the Canal. …

Oxford : Horace Hart M.A., Printer to the University