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The Panama Canal was discovered some inbetween 1501. The person who discovered it was Spaniard Rodrigo De Bastidas.
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In 1502 Christopher Columbus sailed through the Panama Canal in his boat. Just so he could get to his destination.
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In 1572 Sir Francis Drake Captured the town of Nombre De Dios. Then he also took their money and much more.
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In 1901 the second Hay-Pauncefote treaty was actually signed. The United States was given multiple rights by Great Britan. The treaty allowed them to open the Canal through Central America.
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In 1902 the US senates voted to help the Panama Canal. The US gave the Panama Canal 40 Millions dollars. Also the US purchased a concession to build the Panama Canal from the French for $40 million.
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In 1903 The Hay-Herran Treaty with Columbia was given to the United States so they could build a canal right through Panama.The treaty promises Colombia $10 million plus $250,000 annually for a zone six miles wide.
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In 1904 the United States took control of the Panama Canal for 10 million from Panama. So they gave the Panama Canal 10million dollars so they could take control of it.
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In 1906 President Theodore Roosevelt left the white house. So he can go to a 17 day trip to the Panama Canal. He was the first presidet to ever go out of the United States.
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In 1912 they finished the Gantun Dam. To make the Panama Canals main water supply. In the Gatun Dam they used tons of spoils in the Culbra Cut.
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In 1914 the Panama Canal opened traffic on Augest 15. The Panama Canal is 52 miles long. That cost 352 million dollars.