5. In 1893 financial questions became so serious that a panic occurred, which forced the repeal of the purchase clause of the Sherman Act. In 1907 there was another panic.
6. Among our foreign complications during this period were the question of the annexation of the Hawaiian Islands, the Venezuela boundary dispute, the Cuban question, which finally involved us in a war with Spain, and the trouble with China arising from the Boxer outbreak.
7. The chief events of the war with Spain were Dewey's naval victory in Manila Bay, May 1; the battles of El Caney and San Juan, near Santiago, July 1; the naval battle of July 3 off Santiago; the surrender of Santiago, July 14; the invasion of Porto Rico, near the end of July; and the capture of Manila, August 13.
8. The war resulted in the cession of Porto Rico and the Philippines to our country, and in Spain's withdrawal from Cuba.
9. The withdrawal of Spain from the Philippines was followed by an uprising of natives led by Aguinaldo; but the insurrection was soon suppressed and a system of civil government established.
10. By peaceful negotiation a treaty was perfected giving the United States control of the route for the Panama Canal.
APPENDIX
THE DECLARATION OF INDEPENDENCE—1776
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