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Who financed and controlled the Panama Canal?

Who financed and controlled the Panama Canal?

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Answer #1

PANAMA CANAL JOIN ATLANTIC OCEAN WITH THE PACIFIC OCEAN NEAR NORTH AND SOUTH AMERICA AND AIDS IN MARITINE TRADE .

FINANCED =

  • Treasury secratory of U.S selcted J.P. Morgan & co.
  • He appointed as a fiscal agent of REPUBLIC OF PANAMA in 1903 .

CONTROLLED =

  • U.S. have right to use armed force to protect waterway .
  • This right had been given to US government by the agreement held between President Jimmy Carter and General Omar Torrijos .
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