Iwalani's Voyage Around the World
PANAMA
 map of Panama In 1534, Charles I of Spain ordered the first survey of a proposed canal route through the Isthmus of Panama. More than three centuries passed before the first construction was started. The French labored 20 years, beginning in 1880, but disease and financial problems defeated them. In 1903, Panama and the United States signed a treaty by which the United States undertook to construct an inter-oceanic ship canal across the Isthmus of Panama. The following year, the United States purchased from the French Canal Company its rights and properties for $40 million and began construction. The monumental project was completed in ten years at a cost of about $387 million. The engineering problems involved digging through the Continental Divide; constructing the largest earth dam ever built up to that time; designing and building the most massive canal locks ever envisioned; constructing the largest gates ever swung.
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