Their constitution forbade turning over sovereignty of any of there territory to Another Country.
Because they didn't like the price offered to them they wanted more money!
Panama
Theodore Roosevelt.
Roosevelt wanted very much for the US to build a canal across the isthmus of Panama which was controlled by Colombia. Colombia wouldn't allow the canal being built there , so when Panamians revolted form Colombia, , Roosevelt was quick to give them US support.
Roosevelt wanted to build a Panama Canal. Colombia refused to agree to a settlement for the Isthmus of Panama. Roosevelt assisted the Panamanians in revolting against Colombia. When Panama declared its' independence, the US was quick to officially recognize its' independence. The US then successfully negotiated a treaty with Panama to build the Canal.
Theodore Roosevelt was President of the United States when he supported the separation of Panama from Columbia. As President, he lived in the White house (Executive Mansion) in Washington, DC.
The Panama Canal is an example of imperialism. Theodore Roosevelt gave 20 million dollars to rebels in Panama to separate from Colombia. Colombia had refused to allow the US to make a canal. The US has invaded Panama when we did not like Manuel Noriega. Basically the US has treated Panama as a child that the US can discipline at will.
Woodrow Wilson did not give Colombia 25 million dollars for the Panama Canal in 1921. John Hay, the secretary of state, offered Colombia an initial amount of $10 million plus $250,000 yearly in 1903, to borrow a strip of land where the Panama Canal is going to be built. Unfortunately, the offer was declined. But later on, after Panamanians won their independence, Theodore Roosevelt offered the same deal to Panama, not Colombia. Panama did accept this offer and the Panama Canal wasn't finished until August 1914.
President Teddy Roosevelt supported the fight so he could build the Panama Canal- apex
He encouraged Panama to rebel against colombia apex
The U.S. supported (fostered) a revolt by Panamanian separatists in Columbia. The war only lasted a few hours and Panama became a separate nation that the U.S. dominated. They paid Panama a few million dollars for 100 year rights to the Canal Zone.
He wanted to get the rights to build a canal in Panama at a lower price.
Theodore Roosevelt's "Big Ditch" is the Panama Canal, which is in ... you guessed it ... Panama!