USA HISTORY

Detailed explanation-1: -With the help of the United States, a revolution occurred in Colombia that led to Panama’s proclaiming its independence on November 4, 1903. A scant two weeks later Panama signed a treaty allowing the U.S. to build, own, and control the Panama Canal.

Detailed explanation-2: -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-3: -In 1903, Panama declared its independence from Colombia in a U.S.-backed revolution and the U.S. and Panama signed the Hay-Bunau-Varilla Treaty, in which the U.S. agreed to pay Panama $10 million for a perpetual lease on land for the canal, plus $250, 000 annually in rent.

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.