Jun
28

Finding Forever on the Panama Canal

The Panama Canal Purchase Act enacted on June 28, 1902, authorized United States Government to purchase the rights, privileges, franchises, concessions, grants of land, right of way, unfinished work, plants, and other property, real, personal, and mixed, of every name and nature in a Panama project.

All this “from the French New Panama Canal Company at a cost not exceeding $40 million.”

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