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Hay-Herrán Treaty
Theodore Roosevelt and Foreign Affairs, 1903
With Britain acceding to American control over the construction of a Central American canal (see Hay-Pauncefote Treaty), Secretary of State John Hay opened talks with the Colombian chargé in Washington, Tomás Herrán. American hardball tactics, including the threat to build the canal in neighboring Nicaragua rather than in the Colombian province of Panama, pressured Herrán into agreeing to the following terms:
The United States was to have leasehold rights to a strip of land six miles wide to be the site of the transoceanic canal
The U.S. was to pay Colombia the sum of $10 million for the lease, plus an annual payment of $250,000 commencing in nine years
The lease was to remain in force in perpetuity.
The U.S. Senate acted promptly to ratify the agreement. However, the Colombian government was outraged by Herrán's capitulation. Pleas were made for a sharply increased payment, but the U.S. held firm. The treaty was eventually defeated in the Colombian Senate, angering President Roosevelt who was anxious to move ahead.
The defeat of the Hay-Herrán Treaty was instrumental in leading the United States to set the wheels of revolution in motion in Panama. An independent Panama would quickly conclude the Hay-Bunau-Varilla Treaty, providing Roosevelt with all he needed to press ahead with his pet project.
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Hayes, Woody Hayes responded, "Because they won't let me go for three!" Hayes's career at The Ohio State University ended in 1978. That year the Buckeyes were playing Clemson University in the Gator Bowl. As the game was drawing to a conclusion, Hayes punched ... http://www.ohiohistorycentral.org/entry.php?rec=1800
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