Jasper County Democrat, Volume 15, Number 14, Rensselaer, Jasper County, 25 May 1912 — HOUSE PASSES CANAL BILL [ARTICLE]

HOUSE PASSES CANAL BILL

Measure Prohibits Railroads From Owning Any Stock in a Com- 1 peting Steamship Line. ' ~ • Washington, May 24. —After the adoption of the Doremus amendment providing that American vessels engaged in the coastwise trade of the United States, shall have free use of the canal the house passed the Panama Canal Mil. The measure provides for the amendment of the Interstate Commerce act so as to prohibit any railroad from owning stock directly or indirectly in a competing steamship line. ' The bill also provides for a form of government for the canal zone, which is to be directed by a governor appointed by the president and confirmed by the senate. ’ District and magistrate courts are also provided.