The fact is that to-day there is no statutory law by authority of which the President is maintaining the government of the zone.
Editor's note · Context
Taft highlights the lack of statutory authority for the President's governance of the canal zone.
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The truth is that the language of the act is so ambiguous and possibly all-embracing that it is impracticable for the Treasury Department to give an exact estimate as to the diminution in revenue which will follow its passage.
Now that they can be studied and understood—all the business men who touch the decision in any way will conduct their business hereafter according to the law.
The Navy Department has no objection to the proposed salvage operations, but the Department of State holds the view that these wrecks are public property of the United States, which may be alienated only by an act of Congress or by a…
I think it to be greatly in the interest of fair dealing, which ought always to be encouraged by law.





