Panama Canal
Philippe Bunau-Varilla owns rights to 1904
- New Panama Canal Co. after de Lesseps
William Cromwell hired 1896 to sell Co.
- opposed Morgan bill for Nicaragua canal
- used bribery to get Panama plank in 1900 Repub.
- Mark Hanna's "Hanama Canal"
Hay-Pauncefote Treaty 1901
- Brit. gives U.S. right to build & fortify Nic. canal
TR replaces McKinley Sept. 1901
- supports Panama for $40m, not Nic. for $190m
Spooner Bill debate Jan.-June 1902
- Mount Pelee volcano on Martinique kills 30,000
- 90 stamps of Nic.'s Momotombo volcano
Hay-Herran agreement Jan. 21, 1903
- $10m to Columbia for 99-yr, lease on 6 mi. zone
- but Columbia refuses; waits for 1904 expiration
Panama revolution against Columbias since 1899
- long history of nationalism, destiny
John Bassett Moore memo Aug. 1903 pro-Panama
- New Grananda Treaty 1848 gave right free transit
- Asst. Secretary Francis Loomis idea
Amador joins Bunau Varilla to get U.S. aid Sept. 1903
- "All you have to do is take your foot off"
- John Hay sends USS Nashville
Panama revolution successful Nov. 3, 1903
- U.S. troops block railroad use by Colombia
TR recognition granted Nov. 6
Treaty drafted & signed Nov. 15-18
- Text of the 1903 Treaty
- ratified by Congress Nov. 18, 1904
Construction of canal 1904-14
- ICC under William H. Taft
- engineers under George Goethals
- medical teams under William Gorgas
- Culebra Cut, Miraflores Locks
- dam built to create Gatun Lake
- Jamaican labor, Panama pilots
U.S. colonial influence grew
- "gold" payroll 3 times "silver" labor
- military bases - Rio Hato, Howard
- United Fruit, National City Bank
- trained police, National Guard
Resources:
revised 12/3/99 | Class Page