Hay and M. Bunau-Varilla signed a treaty whose first article read: "The

United States guarantees and will maintain the independence of the

Republic of Panama." Articles II and III gave us, in effect, sovereignty

over a ten-mile wide canal zone between the oceans. This treaty was

ratified by Panama December 2, and by our Senate February 23, 1904.

November 16, 1903, Colombia protested to Great Britain against our

action, and, November 28, offered us a canal concession free if we would

permit her to subjugate Panama.

Both at home and abroad the administration was charged with sharp

practice for its Panama coup, and the case made out by critics was prima