Resolution concerning the power of Congress to dispose of U.S. property and territory in the Canal Zone.

Recognizes the failure of the executive branch to submit the Panama Canal Treaty with terms that require the disposal of territory and property to be subject to the enactment of legislation. Recommends that the Senate consent to the ratification of the Panama Canal Treaty, with the reservation that United States territory and property in the Canal Zone be disposed of only by Act of Congress in accordance with article IV, section 3, clause 2 of the Constitution.