The idea, as implemented by the French with the Suez Canal, was to reduce shipping times and prevent loss of ships on dangerous routes. Both Africa's Cape of Good Hope and South America's Cape Horn are notorious for violent weather. However, the French efforts at a canal (1880-1893) failed.
The advantage to the US, which had consolidated its continental territory, was to improve shipping that connected the two coasts. This included commercial as well as military vessels. The Spanish-American War (1898) illustrated the difficulty of transferring ships from the Atlantic to the Pacific and back. Under President Theodore Roosevelt, the US decided to unilaterally build a canal, securing the territorial rights by facilitating the independence of Panama from Colombia in 1903. The US efforts from 1904 to 1914 built the canal, and its control was assured by US sovereignty over the Canal Zone until 1999.
in 1999
No one did. The US built the panama canal (construction was finished in 1914), and the US maintained control of it until dec 31, 1999 when the canal came into full Panamanian control.
The Panama Canal was in US control till 1999
We built it
so that the U.S. could maintain presence in the Caribbean and for protecting the future canal that American leaders wanted to build across the Isthmus of Panama (Panama Canal).
President Carter signed a treaty with Panama in 1977 giving control of the Panama Canal back to Panama in 1999
1999
so that the U.S. could maintain presence in the Caribbean and for protecting the future canal that American leaders wanted to build across the Isthmus of Panama (Panama Canal).
The u.s signed a century treaty with panama
never
Panama owns the Panama Canal. Although the US had control over the Canal Zone from 1903 to 1979, the treaty was eventually amended in 1977.
On September 7, 1977, President Jimmy Carter signed the Panama Canal Treaty. The US gave control of the Panama Canal back to Panama in 2000.