Presidential Addresses 



size and of wellnigh incalculable possibilities for the 

 good of this country and the nations of mankind. 



By the provisions of the treaty the United States 

 guarantees and will maintain the independence of the 

 Republic of Panama. There is granted to the United 

 States in perpetuity the use, occupation, and control 

 of a strip ten miles wide and extending three nauti- 

 cal miles into the sea at either terminal, with all 

 lands lying outside of the zone necessary for the 

 construction of the canal or for its auxiliary works, 

 and with the islands in the Bay of Panama. The 

 cities of Panama and Colon are not embraced in the 

 canal zone, but the United States assumes their 

 sanitation and, in case of need, the maintenance of 

 order therein; the United States enjoys within the 

 granted limits all the rights, power, and authority 

 which it would possess were it the sovereign of the 

 territory to the exclusion of the exercise of sovereign 

 rights by the republic. All railway and canal prop- 

 erty rights belonging to Panama and needed for the 

 canal pass to the United States, including any prop- 

 erty of the respective companies in the cities of 

 Panama and Colon ; the works, property, and person- 

 nel of the canal and railways are exempted from tax- 

 ation as well in the cities of Panama and Colon as 

 in the canal zone and its dependencies. Free im- 

 migration of the personnel and importation of sup- 

 plies for the construction and operation of the canal 

 are granted. Provision is made for the use of mili- 

 tary force and the building of fortifications by the 

 United States for the protection of the transit. In 



