Hay–Pauncefote Treaty

The Hay- Pauncefote - contract for the construction and management of the Panama Canal was signed by the U.S. and the UK on 18 November 1901. The contract was negotiated already on 8 February 1900, however, initially rejected by the Senate of the United States and replaced by a new one.

The contract, which was negotiated by the U.S. Secretary of State, John Hay, and the British ambassador to the U.S., Lord Pauncefote, included the waiver of Great Britain on all rights related to the construction and management of the proposed channel, so that the responsibility for this entirely on the USA passed; the provisions of the Clayton - Bulwer Treaty of 1850 were thus annulled, which were still assumed that the internationalization of the channel.

The Hay- Pauncefote Treaty had an impact for a positive impact on the British- American relations from the other, it made ​​it easier for the United States, politically to take in Panama the initiative where on her instigation there a secessionist movement against Colombia began, the independence Panama led by Columbia in 1903, the then U.S. admitted the construction of the Panama Canal zone.

• Panama Canal
• International Law Treaty
• History of Panama
• 1901