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Hay-pauncefote Treaty




In 1901 the United States and the United Kingdom signed the Hay-Pauncefote Treaty. This agreement nullified the Clayton-Bulwer Treaty of 1850 In return, America would be paid
a sum of $75,000,000.
The British, recognizing their diminishing influence in the region and cultivating friendship with the United States as a counterweight to Germany, stepped aside in the treaty to permit a solely U.S.-run canal. This occurred under President Theodore Roosevelt.

The treaty was negotiated under the table by United States Secretary Of State , John Hay , and the British Ambassador To The United States , Lord Pauncefote .


EXTERNAL LINKS



SOURCES

1. The Americans: A History. Jordan, Greenblatt and Bowes. Evanston, Illinois. McDougal Littel, 1996