No. 991
Editorial Note
On May 13 President Eisenhower signed the St. Lawrence Seaway Bill (S. 2150, P.L. 358), an act “providing for creation of the Saint Lawrence Seaway Development Corporation to construct part of the Saint Lawrence Seaway in United States territory in the interest of national security; authorizing the Corporation to consummate certain arrangements with the Saint Lawrence Seaway Authority of Canada relative to construction and operation of the Seaway; empowering the Corporation to finance the United States share of the Seaway cost on a self-liquidating basis; to establish cooperation with Canada in the control and operation of the Saint Lawrence Seaway; to authorize negotiations with Canada of an agreement on tolls; and for other purposes”. For text, see 68 Stat. (pt. 1) 92. The remarks made at the White House on this occasion by President Eisenhower; Senator Alexander Wiley, Chairman of the Senate Foreign Relations Committee; and Representative George A. Dondero, Chairman of the House Committee on Public Works, are printed in Department of State Bulletin, May 24, 1954, page 796. This law was subsequently referred to as the Wiley or Wiley–Dondero Bill or Act.