Word: canalization
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...obvious example of T.R.'s "Never Around" approach to statesmanship was the Panama Canal, which he ordered built in 1903, after what he called "three centuries of conversation." If a convenient revolution had to be fomented in Colombia (in order to facilitate the independence of Panama province and allow construction to proceed p.d.q.), well, that was Bogota's bad luck for being obstructionist and good fortune for the rest of world commerce. Being a historian, T.R. never tired of pointing out that his Panamanian revolution had been merely the 53rd anti-Colombian insurrection in as many years...
Dubious or not as a triumph of foreign policy, the canal has functioned perfectly for most of the century, and still does so to the honor of our technological reputation, although its control has reverted to the country T.R. allowed to sprout alongside, like a glorified right...
...face; he offered the promise of accountability in Washington and an end to Henry Kissinger's secretive realpolitik abroad. He got mixed results at home. So in the same way that Nixon found a legacy in his opening to China, Carter turned to the Panama Canal treaties and the Camp David peace accords. Both were milestones typical of the era. In one, the U.S. agreed to give up a prime keepsake of its earlier expansion; in the other, it mediated where it was powerless to dictate...
Still to be decided is what will happen to the mile upon mile of manicured lawns, handsome red-roofed houses, schools, supermarkets, golf courses and offices to be vacated in the Canal Zone and U.S. military bases and known collectively as the "reverted areas." Though what was returned before 1994 is generally derelict, the government has elaborate plans for the rest, including the creation of export manufacturing zones, hotels and eco-tourism. A few contracts have been signed...
...Amount Occidental agreed to pay in 1995 for damage to birds and fish after dumping toxic waste in Love Canal...