I do not think this is the best principle, because I believe that the cost of such a Government work as the Panama Canal ought to be imposed gradually but certainly upon the trade which it creates and makes possible.
Editor's note · Context
Taft expresses his belief on the financial responsibility of the Panama Canal's construction costs.
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I concur fully in the conclusions which the Secretary of War has reached and in the recommendations which he makes.
This language is so sweeping that it might be made to cover almost 150 articles used in agriculture, which would affect many sections of the present tariff, and lead to the most injurious uncertainty.
I earnestly hope that Congress will take immediate action in this regard, as recommended by the Secretary of War.
I withhold my approval from this bill, therefore, for the reasons, first, because it should not be considered until the Tariff Board shall make report upon the schedules it affects; second, because the bill is so loosely drawn as to…





