Modern Marvels: The Construction of the Panama Canal (S1, E3) | Full Episode | History

The agreement also provided for a payment for French holdings in Panama amounting to $40 million, which was the largest real-estate transaction in all history. The fact that the government had paid more for the rights to build and control the Panama Canal than had been expended on the Louisiana Purchase, the Alaskan territory, and the Philippine Is

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The major discovery produced by the survey was a gap in the mountains some thirteen miles from Panama City that was only 275 feet above sea level. This was a good two hundred feet lower than what heretofore had been the lowest known pass at Panama, and, as further explorations and further surveys would verify, it was, except for one at Nicaragua, t

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