Proclamation 2775—Panama Canal Toll Rates

Whereas section 411 of title 2 of the Canal Zone Code, approved June 19, 1934, authorizes the President to prescribe and from time to time change the tolls that shall be levied by the Government of the United States for the use of the Panama Canal; and provides that no tolls when so prescribed shall be changed unless six months' notice thereof is given by the President by proclamation; and

Whereas section 412 of title 2 of the said Code, as amended by the act of August 24, 1937, 50 Stat. 750 (48 U.S.C. 1315), provides, in part, that the tonnage on which tolls shall be based shall be determined in accordance with the rules for the Measurement of Vessels for the Panama Canal prescribed by the President, and fixes maximum and minimum rates of toll; and

Whereas IT APPEARS THAT THE TOLLS PRESCRIBED BY Proclamation No. 2247 of August 25, 19937, as amended by Proclamation No. 2249 of August 31, 1937, and now in effect should be increased and should be as hereinafter prescribed:

Now, Therefore, I, Harry S. Truman, President of the United States of America, acting under and by virtue of the authority vested in me by the aforesaid section 411 of title 2 of the Canal Zone Code, approved June 19, 1934, do hereby prescribe and proclaim the following rates of toll to be paid by vessels using the Panama Canal:

1. On merchant vessels, army and navy transports, colliers, hospitals ships, supply ships, and yachts, when carrying passengers or cargo, one dollar ($1.00) per net vessel-ton of 100 cubic feet each of actual earning capacity-that is, the net tonnage determined in accordance with the Rules for the Measurement of Vessels for the Panama Canal.

2. On vessels in ballast without passengers or cargo, eighty (80) cents per net vessel-ton.

3. On other floating craft, including warships other than transports, colliers, hospital ships, and supply ships, fifty-five (55) cents per ton of displacement.

3. On other floating craft, including warships other than transports, colliers, hospital ships, and supply ships, fifty-five (55) cents per ton of displacement.

This proclamation shall become effective on October 1, 1948, and on that date shall supersede the said Proclamation No. 2247 of August 25, 1937, as amended by the said Proclamation No. 2249 of August 31, 1937.

In Witness Whereof, I have hereunto set my hand and caused the seal of the United States to be affixed.

Done at the City of Washington this 26th day of March in the year of our Lord nineteen hundred and forty-eight, and of the Independence of the United States of America the one hundred and seventy-second.

HARRY S. TRUMAN

By the President:

G. C. MARSHALL,

Secretary of State.