Issuances Received from the New Panama Canal Company
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United States. First Isthmian Canal Commission
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The proposal of the Compagnie Nouvelle de Canal de Panama in December 1898 to transfer its rights and properties in the canal in Panama to the United States, and the increasing awareness of the need for shorter interoceanic communications in time of war, prompted Congress on March 3, 1899, to authorize an exhaustive series of investigations to determine the most practical route for a canal, which should be owned and controlled by the United States. Accordingly, on June 10, 1899, President Willia...
