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116: Teddy Roosevelt’s Foreign Policy: From Big Stick Diplomacy to the Panama Canal

History That Doesn't Suck

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Coppani Uni De Cél, Aatanasión De Ducanal Aatos Yonique

Maastachio de Feardenon oversaw the successful construction of the Mediterranean and Red Sea connecting Suez Canal. Between 1881 and 1889, Feardenon all managed little more than scratching the surface at a bankrupting expense of $287 million or $8 billion in 21st century dollars. In 1902, Congress opted instead to buy out the French company for 40 million dollars. The US government was already considering a canal through Nicaragua, but concerns over volcanoes killed that idea.

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