The Panama CanalHaskin, Frederic J. (Frederic Jennings)
History
The Panama Canal
Haskin, Frederic J. (Frederic Jennings)
Panama Canal (Panama)
When Mr. Taft became President it was his desire to adjust our
controversy with Colombia. His Secretary of State, Philander C. Knox,
just before leaving office, declared that he had spared no efforts in
seeking to restore American-Colombian relations to a footing of
complete friendly feeling, but that these efforts had been rebuffed by
the Colombian Government. He declared that it was undeniable that
Colombia had suffered by its failure to reap a share of the benefits
of the canal, and that the Government of the United States was
entirely willing to take this consideration into account, and endeavor
to accommodate the conflicting interests of the three parties by
making a just compensation in money. In pursuance of this idea three
treaties were negotiated: One between the United States and the
Republic of Columbia, one between the United States and the Republic
of Panama, and one between the governments of Columbia and Panama, all
three being interdependent, to stand or to fall together. These
treaties were negotiated at the instance of Columbia and were framed
with every desire to accommodate their terms to the just expectations
of that country. They were accepted by the Columbian Cabinet but were
not acted upon by the Columbian Congress.
In the Knox treaty negotiated with Columbia in 1910 that country
proposed to agree to a popular election upon the separation of Panama
and to abide by the result. The United States offered to sign an
additional agreement to pay to Columbia $10,000,000 for a permanent
option for the construction of an interoceanic canal through Columbian
territory, and for the perpetual lease of the Islands of St. Andrews
and Old Providence, if Columbia would ratify the treaties with the
United States and Panama. This proposition was refused. It was then
proposed that in addition to the $10,000,000 the Unites States would
be willing to conclude with Columbia a convention submitting to
arbitration the question of the ownership of the reversionary rights
in the Panama Railroad--rights which the Columbian Government asserts
that it possesses. In addition to this the United States offered its
good offices to secure the settlement of the Panama-Columbian boundary
dispute.
All of these propositions being rejected, the Republic of Colombia was
asked if it would be willing to accept $10,000,000 outright, in
satisfaction of its claims against the United States. This was also
refused.
Public-domain text, read in full here on John Shaqi.
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