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panama 2

The year is 1835, and an announcement is mad eby a group of American busnessmen. This announcement is of their intention to build a canal system on the ithsmus of landformerly known as Norhtern Calumbia. That land is now known as Panama. The citizens of the U.S. at that time were in search of many things. These thing were imperialistically in favor of the Americans. These economy-boosting adventures were risky, and the United states soon found that very fact out. The Canal in Pamana turned out to be very beeficial to the United States, as it was not the only country thinking of building and controlling it; France being the first one to start construction on the canal, when their efforts fell short, and they left the canal unfinished, the United States Stepped in and resumed construction. Our efforts did not fall short, despite a few setbacks, but the U.S finished the canal ahead of schedule and under budget.

The first and foremost reason for the canal in Panama was trade. One must understand that the canal , and the canal zone ( the area around the canal ) are very crucial to the success of global trade. Prior to the constructin of the canal, there were a few large sea ports on either side of the ithsmus, an


The most recent and flagrant attempts on the behalf of the Unites States to gain control of the canal, was during the Reagan administration. President Reagan said that the canal zone could be treated as a sovereign territory, much the same as Alaska. Reagan took a lot of heat for this statement, and is still asked about it today. Article III of the 1936 canal treaty states" the canal zone is the property of the Republic of Panama, under the jurisdiction of the United States of America." . This statement was re-stated, and emphasized by Ellsworth Bunker when he stated," We bought Louisiana, we bought Alaska. In Panama we bought not territory, but rights.

Panamanian nationalism played as important of a role in the creation of the canal as American nationalism did. This surplus of Nationalism, so to speak, came back to haunt the United States. With the treaty signed, and a 99-year lease awarded to the U.S., the canal was contructes. Actually the canal had already been one-third of the way completed by the French, who had to stop construction of the canal due to lack of interest to build, the technology need to finish, and most of all the funds needed to support such a venture. Since then, the Uni

Some common words found in the essay are:
Pacific Atlantic, United Stepped, South Amerixa, Canal Pamana, , Norhtern Calumbia, United Staetes, Article III, President Reagan, Ellsworth Bunker, control canal, canal zone, total control, total control canal, global trade, construction canal,
Approximate Word count = 811
Approximate Pages = 3 (250 words per page double spaced)


  

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