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How Did The Panama Canal Affect Trade And Travel Around The World

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Introduction The Panama Canal greatly affected trade and travel around the world. Before the canal, shipping boats had to go all the way around South America. With the canal, shipping by boat was made much easier than before. Travel through the canal also improved the safety of many travelers heading around the continent. Now, instead of going all the way around the continent, and getting mauled by storms and icebergs through the Drake Passage, they could simply float right through the canal. The canal also saved so much fuel, in this case coal, from getting used up and wasted. The distance to the other side of the country was not as far, and now steamboats or just gasoline powered boats don’t need to waste so much essential power. Clearly, the canal has improved trade and travel so much around the world.
Background
The Panama Canal is an amazing geographical masterpiece. The canal stretches all the way from the Atlantic to the Pacific. It goes right across the middle of the isthmus of Panama. The …show more content…

To start out, in 1903 a major treaty involving United States Secretary of State, John Hay, and a French Engineer, Philippe Bunau-Varilla, was signed. This treaty stated that the Republic of Panama would lease the land to the United States so they could build on the thin isthmus of Panama. The payment of the canal was a big sum of money. The United States agreed to pay Panama ten million dollars and an annual payment of 250,000 dollars for the canal. This treaty was offered to the Colombian government as well. Before Panama declared its independence, the United States offered the same amount of money to the Colombians, but they refused. As a result, when Panama gained its independence from Colombia, they signed the treaty offered by the United States. In the end, this important treaty helped the United States build such a huge canal through

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Columbia did not like the terms, and the “Big Stick” came out in full swing, as America backed a Panamanian revolt, and was able to gain the rights to the canal with the Hay-Bunau-Varilla Treaty and the cost of $10 million with $250 thousand annum. This was not the only dealings in Latin America with America and Roosevelt. There was a naval blockade of Venezuela by Britain and Germany due in part to monies owed by Venezuela. Roosevelt and America felt that there was more to this debt than what was being said.

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The Erie Canal was important to New York City’s trade for many reasons. First, the Erie Canal created a transportation system that allowed goods to easily flow between the Great lakes and New York City. Second the creation of the canal attracted an influx of farmers who were migrating from New England. This influx of farmers led to the creation of cities like Buffalo, Rochester, and Syracuse along the canal. The Most important effect of the Erie Canal on New York City’s trade was its effect on trade on a larger scale.

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The United States wanted to build it through Columbia. But, Columbia refused and said”No. ” We had to wait for panama to be independent. So,They became independent to us(United States).In order for the workers to accomplish The Panama Canal they needed to get past the obstacles getting in the way. After the first year people started dying.

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This canal was called the Panama Canal and it is still being used today. This Primary Source Document depicts the construction of the Panama Canal. The Panama Canal was created in order to make trade and travel easier. Prior to the Canal, ships and carriers would have to travel around the entirety of South America in order to get to the other side of the United States. The Panama Canal allowed for a much more direct route of travel.

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The canal was created for the purpose to be able to travel in a shorter distance by water, before the Panama Canal was created the United States were having to tavel early by going up and around South Africa to make it to there destination in Cuba. President Roosevelt and also congress negotiated with Britian for the support on the American controlled canal (Sidney Milkas). With the land, United States senate was able to negotiate a with Colombia route through Panama. Colombia balked at the agreements which led to the United states giving support and agreements with the Panamanian Revolution. The revolution came with not only money from the United States but also a Navel blockade stopping all Colombian troops from entering or landing in Panama (Sidney Milkas).

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