USA HISTORY

Detailed explanation-1: -The grand opening of the Panama Canal occurred on August 15, 1914, during the presidency of Woodrow Wilson. There was little fanfare since World War I was erupting in Europe. Theodore Roosevelt’s “great enterprise, ” completed six months ahead of schedule, cost $352 million.

Detailed explanation-2: -President Theodore Roosevelt oversaw the realization of a long-term United States goal-a trans-isthmian canal. Throughout the 1800s, American and British leaders and businessmen wanted to ship goods quickly and cheaply between the Atlantic and Pacific coasts.

Detailed explanation-3: -Roosevelt acted quickly. In 1902, the United States reached an agreement to buy rights to the French canal property and equipment for a sum not to exceed $40 million. The U.S. then began negotiating a Panama treaty with Colombia. The U.S Department of War would direct excavation.

Detailed explanation-4: -He firmly believed in expanding American power in the world. To do this, he wanted a strong navy. And he wanted a way for the navy to sail quickly between the Atlantic and Pacific Oceans. Roosevelt decided to build that waterway.