Source: Common Dreams
by Jorge Majfud
“Secretary of State John Hay and the Colombian commercial attaché in the United States, Tomás Herrán, signed the treaty that would give the United States the right to resume construction of the Panama Canal that the French had abandoned when they were almost halfway done. Colombia would agree to cede a strip of land on its isthmus to the United States for 100 years in exchange for ten million in a single payment and $250,000 per year. A few miles off the coast of Panama, the warship Wisconsin remains stranded to provide moral support for the negotiations. Congress in Washington immediately approved the treaty, but it was rejected in Bogota. There were doubts about sovereignty and about the benefits derived from this agreement.” (12/23/24)
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