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William Henry Aspinwall (December 16, 1807 – January 18, 1875) [1] was a prominent American businessman who was a partner in the merchant firm of Howland & Aspinwall and was a co-founder of both the Pacific Mail Steamship Company and Panama Canal Railway companies which revolutionized the migration of goods and people to the Western coast of the United States.
Cornélius Herz in 1893. Cornelius Herz (formerly written Hertz; 3 September 1845 – 6 July 1898) was a French-American doctor, electrician, businessman and politician of Jewish German descent who was implicated in the Panama scandals relating to the French effort to build the Panama Canal in 1892.
A minimal workforce of a few thousand people was employed primarily to comply with the terms of the Colombian Panama Canal concession, to run the Panama Railroad, and to maintain existing excavation and equipment in saleable condition: the most men employed on the new project was 3,600 (in 1896). The company sought a buyer for these assets ...
The US-controlled canal quickly became a vital asset for American commerce and the US Navy.. Panama received a $10 million initial payment from the US for the territory followed by $250,000 each ...
Four Centuries of the Panama Canal. New York, New York: Henry Holt and Co. OCLC 576076780. Lafeber, Walter. The Panama Canal: The Crisis in Historical Perspective (3rd ed. 1990). McCullough, David (1977). The Path Between the Seas: The Creation of the Panama Canal, 1870–1914. New York: Simon & Schuster. ISBN 0-671-24409-4.
A ship is guided through the Panama Canal's Miraflores locks near Panama City on April 24, 2023. (Luis Acosta/AFP/Getty Images)
The Panama Canal, one of the most important chokepoints in global trade, has caused many environmental and ecological problems since it was built and expanded. These problems include deforestation, the spread of invasive species, water and air pollution, and water shortage. Deforestation in the Panama Canal watershed has been a problem for decades.
The Panama Canal is no stranger to global attention. President-elect Donald Trump’s threats to “demand that the Panama Canal be returned to the United States of America, in full, quickly and ...