The United States and Latin AmericaLatané, John Holladay
History
The United States and Latin America
Latané, John Holladay
Latin America -- Foreign relations -- United States; United States -- Foreign relations -- Latin America
It is contended by some that the action taken by the United
States was based upon the necessities of the case, and those
necessities, as stated by those who take this position are,
that Colombia was not able to build the canal herself and
was not willing to sell to the United States upon reasonable
terms the right to build the canal. Those who take this
position put the United States in the attitude of exercising
the right of eminent domain in the interest of the world's
commerce; but the exercise of the right of eminent domain
does not relieve those who exercise it of liability for
actual damages suffered. Take, for illustration, the
condemning of a block of ground for a public building.
Suppose that every lot owner excepting one is willing to
sell his land to the government at its market value, but
that one of the lot owners, whose lot is necessary to the
erection of the building, asks more than the land is worth.
The government proceeds to condemn the property, but it does
not attempt to escape from paying what the land is actually
worth, and the actual value of the property is not reduced
one dollar by any effort that the owner may make to obtain
for it more than it is worth. If it is contended that the
price offered by the United States prior to Panama's
separation was a reasonable one, and that Colombia ought to
have accepted it, that valuation cannot be reduced merely
because Colombia was not willing to accept the offer. This
illustration is based upon the theory adopted by those who
say that Colombia was entirely in the wrong in refusing to
accept the offer made by the United States, but this theory,
it will be remembered, is disputed by the people of
Colombia, who defend the position their government then took
and, as has been said before, they have ever since asked
that the controversy be arbitrated by some impartial
tribunal.[267]
Public-domain text, read in full here on John Shaqi.
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