Considers legislation on administration and operation of the Canal Zone government and Panama Railroad Co. and disposition of Panama Canal employees estates, pensions, and other benefits.

Considers H.R. 4328, to amend the Canal Zone Code to establish a Treasury Dept account for Panama Canal Co. excess revenues management and amortization of Federal investment.

Considers legislation to require Panama Canal Co. and Canal Zone Government to convey Paitilla Point land located outside Canal Zone to Panama and to increase Panama Canal Co. annual payments to Panama.