Hay-Pauncefote Treaties—Answer

C. Panama Canal 

The Hay-Pauncefote Treaties were two significant agreements between the United States and the United Kingdom, signed in the early 20th century, that facilitated the construction of the Panama Canal. These treaties addressed the control and management of the canal, which was a pivotal development in global maritime trade.

First Hay-Pauncefote Treaty (1900)

The first treaty was signed on 5 February 1900 by U.S. Secretary of State John Hay and British Ambassador to the United States, Lord Julian Pauncefote. This treaty aimed to supersede the Clayton-Bulwer Treaty of 1850, which had stipulated that neither country would have exclusive control over a canal across Central America. However, the U.S. Senate rejected this treaty due to concerns over restrictions on American control and fortification of the canal.

Second Hay-Pauncefote Treaty (1901)

The second treaty, successfully signed on 18 November 1901, resolved these issues by giving the United States the exclusive right to construct, operate, and fortify the Panama Canal. It stipulated that the canal should be open to the vessels of all nations on equal terms and without discrimination, whilst assuring that the canal would be neutral and available for peaceful use by all.

The Hay-Pauncefote Treaties marked a significant turning point in U.S.-British relations and set the stage for the construction of the Panama Canal, which greatly enhanced global maritime commerce by providing a quicker route between the Atlantic and Pacific Oceans.