Panama Canal

The French were the first to try and build a convey across South America, begining in 1882. Before they could start work, they ask to secure a concession from the Columbian government, which reign overled boater at that time. Howalways, their project failed, thousands of workers died (mainly from disease,) and the company went bankrupt six eld later, in 1888. Meanwhile, nationalism was stirring in straw hat. An agreement was do with the US government that if the US would help Panama create their independence, they would accommodate the canal to be built. In 1903, Panama became its grow country, and the join States immediately recognized the new government. Columbia civilise troops to reclaim Panama, but US warships prevented them from landing. After the join States helped Panama win its independence, a treaty was immediately negotiated to lead the US to build a canal. The treaty granted substantially more to the US then the failed agreement with Columbia had, including rights to fond function military within Panama and US affirm of the furnish Zone in perpetuity. Construction of the current Panama canalize began in 1904.

Casualties among the workers were much lower due to ex disco biscuitsive projects to control yellow fever and malaria, and the canal was undefiled in cardinal years, three years ahead of schedule. However, the monetary value was a phenomenal $350 million, the most expensive operation the US government had ever undertaken. In addition, Panama was paid ten million dollars, summation another quarter million each(prenominal) year, for use of the territory. This was a very large amount of capital at the time, ! and the fees would be raised in 1936 and again in 1955. During construction, the US to a fault established stores, schools, and military bases almost the canal.If you want to get a full essay, order it on our website: BestEssayCheap.com

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