Word: brito
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Dates: during 1931-1931
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...national defense argument persisted that the U. S. required two canals to link its Atlantic and Pacific coasts. In 1916 the U. S. purchased for $3,000,000 a 99-year option to build a canal across Nicaragua, from Greytown through Lake Nicaragua to Brito, a distance of 177 mi. In 1929 after traffic through the Panama canal had increased at a rate to indicate serious congestion by 1955, President Hoover appointed a special board to; study the feasibility and cost of the Nicaraguan route. A corps of some 400 Army engineers made the survey. Last month the board agreed...