FREE BOOKS

Author's List




PREV.   NEXT  
|<   125   126   127   128   129   130   131   132   133   134   135   136   137   138   139   140   141   142   143   144   145   146   147   148   149  
150   151   152   >>  
the more popular, perhaps because it seemed at one time that Panama was preempted by De Lesseps' French company. This contest as to the better route led to the passage of a law, in 1902, which authorized the President to acquire the rights and property needed to construct a canal by the Panama route, on condition that he could make satisfactory arrangements "within a reasonable time and upon reasonable terms." Otherwise, Nicaragua was to be chosen. Theodore Roosevelt was now President and, though at one time not favoring Panama, he decided that there the canal should be constructed and with his accustomed vigor set himself to the task. The first difficulty presented by this route was the prior right which the French company still retained, although it had little, if any, hope of carrying on the construction itself. It possessed not only rights but also much equipment on the spot, and it had actually begun excavation at certain points. The purchase of all its properties complete for $40,000,000 was, therefore, not a bad investment on the part of the Government. By this purchase the United States was brought directly into relation with Colombia, through one of whose federal states, Panama, the canal was to be cut. While the French purchase had removed one obstacle, the De Lesseps charter alone would not suffice for the construction of the canal, for the American Government had definite ideas as to the conditions necessary for the success of the work. The Government required a zone which should be under its complete control, for not otherwise could satisfactory sanitary regulations be enforced. It insisted also on receiving the right to fortify the canal. It must have these and other privileges on a long time grant. For them, it was willing to pay generously. Negotiations would be affected, one could not say how, by the Treaty of 1846 with Colombia, * by which the United States had received the right of free use of the isthmus, with the right of maintaining the neutrality of the district and in return had guaranteed to Colombia sovereignty over the isthmus. * Then known as the Republic of New Granada. Hay took up the negotiations with the Colombian charge d'affaires, Dr. Herran, and arranged a treaty, which gave the United States a strip of land six miles wide across the isthmus, on a ninety-nine year lease, for which it should pay ten million dollars and, after a period of nine years for construction, a
PREV.   NEXT  
|<   125   126   127   128   129   130   131   132   133   134   135   136   137   138   139   140   141   142   143   144   145   146   147   148   149  
150   151   152   >>  



Top keywords:

Panama

 
construction
 
United
 

States

 
Colombia
 
Government
 
purchase
 

isthmus

 

French

 

complete


reasonable
 

company

 

satisfactory

 

rights

 
President
 
Lesseps
 

fortify

 

receiving

 

privileges

 
sanitary

success
 

conditions

 

suffice

 

American

 
definite
 

required

 

period

 
regulations
 

million

 
enforced

control
 

dollars

 

insisted

 

charge

 

affaires

 
Colombian
 

negotiations

 

Granada

 

Herran

 
arranged

ninety

 

treaty

 

received

 

maintaining

 
Treaty
 

Negotiations

 

affected

 
neutrality
 

district

 

charter