Opening Of Panama Canal Acrylic Print

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Much of the early exploration of the American coast -- both North and South -- was undertaken in the attempt to find a way to the fabled riches of the Indies. The dream of an inland passage was never to be realized; yet as nineteenth century technology and imperialism shrank the globe, dreamers turned their attention to a Central American canal. The first to make the attempt was Ferdinand de Lesseps -- of Suez Canal fame -- who formed a French company and won a concession from the Columbian government to start digging. Disease, poor management and bad luck halted the project in 1889. French financiers soon formed the New Panama Canal Company -- not to dig a canal, but to sell Lesseps' concession to the highest bidder. Emerging as a world power, the United States took the bait, and in 1903Columbia and the United States drafted the Hay-Herran Treaty. In the end, Columbia refused to ratify the treaty. Rumors that the Canal Company might make a deal with Russia or England, the impetuosity...