Panama Canal - One of the Seven Wonders

Panama Canal, the canal across the Isthmus ofsome artificial lakes and channel. It cuts through the
Panama in Central America which unites the twomost populated region of Panama and has been an
great oceans is an unmatchable engineeringissue of dispute between American and Panamanian
accomplishment. It took twenty years for the Frenchgovernment. This is the largest and the most
Labourers to complete the construction of the canalcomplex project of its kind undertaken by any
which was started in the year 1880.The work on thiscountry.
grand masterpiece was done under the guidance ofAs an American government agency, the Panama
American visionaries. The first survey for this routeCanal Commission is responsible for the operation of
was ordered by Charles I of Spain. The constructionthe Canal during the twenty year transition period.
of the Panama Canal is grand and admirable.This Commission is administered by a bi-national board
In the year 1903, a treaty was signed betweencomprising of 9 members. A U.S. citizen served as
United States and Panama for building anAdministrator for the first ten years, and a
inter-oceanic ship canal across the Isthmus ofPanamanian was made the Deputy Officer. But since
Panama. A year later United States acquired from the1990, according to the treaty this responsibility was
French Canal Company its rights and properties whichshouldered to a Panamanian who later served as
amounted to $40 million and thus the constructionAdministrator.
began. This project colossal project was finished in 10The former Panama Canal Company together with
years. United States has invested around $3 billion inthe Canal Zone and its government was terminated
the Canal enterprise since the year 1903.on October 1, 1979. America is supposed to transfer
There were several problems which werethe Canal to Panama on December 31, 1999, as
encountered during the construction of the Panamamentioned in the treaty. The Canal will be operational
Canal like engineering problems which included diggingfor all economic transportation which takes place on
through the continental Divide. John F. Stevens andthis oceanic route. The Commission remains
Col. George W. Goethals are the names behind thecommitted towards serving world trade with the
successful construction of the canal. The Panamastandards of excellence that have been the custom
Canal allows the vessels to travel easily throughof the waterway since ages.
Pacific and Antarctic Ocean. This canal consists of