16/22 It possessed not only rights but also much equipment on the spot, and it had actually begun excavation at certain points. The purchase of all its properties complete for $40,000,000 was, therefore, not a bad investment on the part of the Government. By this purchase the United States was brought directly into relation with Colombia, through one of whose federal states, Panama, the canal was to be cut. The Government required a zone which should be under its complete control, for not otherwise could satisfactory sanitary regulations be enforced. It insisted also on receiving the right to fortify the canal. |