Hay-Herran Treaty
Encyclopedia
The Hay–Herran Treaty was a treaty signed on January 22, 1903 between United States Secretary of State
United States Secretary of State
The United States Secretary of State is the head of the United States Department of State, concerned with foreign affairs. The Secretary is a member of the Cabinet and the highest-ranking cabinet secretary both in line of succession and order of precedence...

 John M. Hay of the United States
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...

 and Dr. Tomás Herrán
Tomás Herrán
Tomás Herrán y Mosquera was a Colombian diplomat, a signatory to and namesake of the Hay–Herran Treaty.At the time of the Hay–Herran Treaty, Herrán was Colombian chargé d'affaires to the United States. Herrán's papers were later published as The Letters of Tomás Herrán and the Panama Crisis,...

 of Colombia
Colombia
Colombia, officially the Republic of Colombia , is a unitary constitutional republic comprising thirty-two departments. The country is located in northwestern South America, bordered to the east by Venezuela and Brazil; to the south by Ecuador and Peru; to the north by the Caribbean Sea; to the...

. Had it been ratified
Ratification
Ratification is a principal's approval of an act of its agent where the agent lacked authority to legally bind the principal. The term applies to private contract law, international treaties, and constitutionals in federations such as the United States and Canada.- Private law :In contract law, the...

, it would have allowed the United States
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...

 a lease
Lease
A lease is a contractual arrangement calling for the lessee to pay the lessor for use of an asset. A rental agreement is a lease in which the asset is tangible property...

 that was to remain in force in perpetuity on a six-mile wide strip across the isthmus
Isthmus
An isthmus is a narrow strip of land connecting two larger land areas usually with waterforms on either side.Canals are often built through isthmuses where they may be particularly advantageous to create a shortcut for marine transportation...

 of Panama
Panama
Panama , officially the Republic of Panama , is the southernmost country of Central America. Situated on the isthmus connecting North and South America, it is bordered by Costa Rica to the northwest, Colombia to the southeast, the Caribbean Sea to the north and the Pacific Ocean to the south. The...

 (then part of Colombia) for $10 million and an annual payment of $250,000, both payments being in gold coin. It was ratified by the United States Senate
United States Senate
The United States Senate is the upper house of the bicameral legislature of the United States, and together with the United States House of Representatives comprises the United States Congress. The composition and powers of the Senate are established in Article One of the U.S. Constitution. Each...

 on March 14, but it was not ratified by the Senate of Colombia
Senate of Colombia
The Senate of the Republic of Colombia is the upper house of the Congress of Colombia, with the lower house being the Chamber of Representatives of Colombia...

, and so did not go into effect.

It has been considered by later observers that this happened mainly because Herran had negotiated the treaty with little government or legislative oversight. It has also been mentioned that many of the politicians and congressmen found the amount offered to fall short, considering that the United States was willing to pay $40 million for the New Panama Canal Company and it's construction equipment and excavations. However, the annual payment of $250,000 in gold coin would have eventually exceeded the $40 million.

The United States government was not willing to renegotiate the treaty with Colombia or alter the amounts involved and soon gave its support, both political and military, to a planned uprising in Panama, which led to its independence and to the eventual construction of the Panama Canal
Panama Canal
The Panama Canal is a ship canal in Panama that joins the Atlantic Ocean and the Pacific Ocean and is a key conduit for international maritime trade. Built from 1904 to 1914, the canal has seen annual traffic rise from about 1,000 ships early on to 14,702 vessels measuring a total of 309.6...

.

See also

  • Clayton-Bulwer Treaty
    Clayton-Bulwer Treaty
    The Clayton–Bulwer Treaty was a treaty between the United States and the United Kingdom, negotiated in 1850 by John M. Clayton and Sir Henry Lytton Bulwer, later Lord Dalling...

  • Hay-Pauncefote Treaty
    Hay-Pauncefote Treaty
    The United States and the United Kingdom signed the Hay-Pauncefote Treaty on 18 November 1901. The Treaty nullified the Clayton-Bulwer Treaty of 1850 and gave the United States the right to create and control a canal across the Central American isthmus to connect the Pacific Ocean and the Atlantic...

  • Hay-Bunau Varilla Treaty
    Hay-Bunau Varilla Treaty
    The Hay–Bunau-Varilla Treaty was a treaty signed on November 18, 1903, by the United States and Panama, that established the Panama Canal Zone and the subsequent construction of the Panama Canal...

  • John Hay
    John Hay
    John Milton Hay was an American statesman, diplomat, author, journalist, and private secretary and assistant to Abraham Lincoln.-Early life:...

  • Panama Canal
    Panama Canal
    The Panama Canal is a ship canal in Panama that joins the Atlantic Ocean and the Pacific Ocean and is a key conduit for international maritime trade. Built from 1904 to 1914, the canal has seen annual traffic rise from about 1,000 ships early on to 14,702 vessels measuring a total of 309.6...

  • Separation of Panama from Colombia
    Separation of Panama from Colombia
    The Separation of Panama from Colombia was formalized on 3 November 1903 with the establishment of the Republic of Panama from the Republic of Colombia's Department of Panama.-Prelude:...

  • Mellander, Gustavo A.(1971) The United States in Panamanian Politics: The Intriguing Formative Years. Daville,Ill.:Interstate Publishers. OCLC 138568.
  • Mellander, Gustavo A.; Nelly Maldonado Mellander (1999). Charles Edward Magoon: The Panama Years. Río Piedras, Puerto Rico: Editorial Plaza Mayor. ISBN 1-56328-155-4. OCLC 42970390.
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