Viewpoints
Opinion

‘A Man, A Plan, A Monopoly?’ More History of the Panama Canal

‘A Man, A Plan, A Monopoly?’ More History of the Panama Canal
Jose Mario Espinoza/Shutterstock
Clifford F. Thies
|Updated:
0:00
This article is a continuation of “A Look at the History of the Panama Canal.”

As the nineteenth century turned into the twentieth, the French were looking for a buyer for their failed Panama Canal project, asking for $109 million, well less than half their cost. The United States, toying with the possibility of constructing a canal through Nicaragua, offered a paltry $40 million, which the French accepted.

Clifford F. Thies
Clifford F. Thies
Author
Clifford F. Thies is a professor of economics and finance at Shenandoah University, He is the author, co-author, contributor, and editor of more than a hundred books, encyclopedia entries and articles in scholarly journals. He is a member of the editorial board of the Journal of Private Enterprise and is a former Bradley Resident Scholar at the Heritage Foundation. He is a past president of the faculty senates of Shenandoah University and the University of Baltimore. He also served in the U.S. Army and the Army Reserve.
Author’s Selected Articles

A Look at the History of the Panama Canal

A Look at the History of the Panama Canal