by Duncan E McKinlay. 1912. 40p

The Panama Canal is crucial for global trade, especially for Pacific nations. Its construction fulfills historical aspirations dating back to Columbus and Humboldt. Various routes were proposed, with the Panama route ultimately chosen.

The U.S. acquired rights from the French company after Panama's independence in 1903. Colonel G. W. Goethals led the successful construction, emphasizing sanitation and modern engineering. The canal will significantly reduce shipping costs and revolutionize trade routes, enhancing America's economic position.