| Good evening. Seventy-five years ago, our Nation signed a treaty which gave us rights to build a canal across Panama, to take the historic step of joining the Atlantic and Pacific Oceans. The results of the agreement have been of great benefit to ourselves and to other nations throughout the world who navigate the high seas. The building of the canal was one of the greatest engineering feats of history. Although massive in concept and construction, it's relatively simple in design and has been reliable and efficient in operation. We Americans are justly and deeply proud of this great achievement. The canal has also been a source of pride and benefit to the people of Panama—but a cause of some continuing discontent. Because we have controlled a 10-mile-wide strip of land across the heart of their country and because they considered the original terms of the agreement to be unfair, the people of Panama have been dissatisfied with the treaty. It was drafted here in our country an ...read full document |