USA purchase the Panama Canal

186960_750x480_crop_56493248745f3

On a day like today, but in 1904, the United States buys the Panama Canal Company (held by the French).

On a day like today, but in 1904, the United States buys the Panama Canal Company (in French hands) their rights and properties for $ 40 million. The transaction was conducted by the French Jean Philippe Bunau-Varilla, who without support of the Panamanian authorities gave the colossus of the north ownership rights in perpetuity on the canal assets, and tracts of land around it. The struggle for the recovery of these territories began immediately by Panama.

Sourge:http://elsiglo.com/