Word: panama
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Dates: during 1960-1969
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...weeks, a hapless OAS committee had tried to mediate the squabble between Panama and the U.S. But both sides were adamant. Panama refused to resume diplomatic relations until the U.S. promised to renegotiate the 61-year-old canal treaty; the U.S. would not consider renegotiations until relations were restored. Then, early last week, U.S. Assistant Secretary of State
...reestablishing relations "as soon as possible"; then, within 30 days after the resumption of relations, the two governments would designate special ambassadors to "carry out discussions and negotiations with the objective of reaching a fair and just agreement." But Johnson was infuriated by press and radio reports from Panama that interpreted the OAS formula as a triumph for Panamanian President Roberto F. Chiari and a specific U.S. commitment to renegotiate the treaty...
Coupling the Panama Canal dispute with the construction of a new Canal would offer both sides an escape from the current impasse; it could also reduce the unfortunate effects of Johnson's Latin American policies, and bolster the Organization of American States, which has suffered seriously from its unsuccessful attempts to mediate the controversy...
...lockless, sea-level canal, blasted by buried atomic devices, may be feasible. It certainly is desirable for commercial and military reasons. Neither the larger merchant and passenger ships, nor the U.S. Navy's nuclear carriers will fit through the Panama Canal. Washington could offer to relinquish its sovereignty over the Canal Zone at the completion of a new canal or to renegotiate the 1903 Panama Canal Treaty, should a new canal not be operating within some agreed number of years--perhaps ten. This formula would permit Panama to say that it had won either renogotiation or the Canal itself...
...construction and operation of the new Canal were directed by the OAS, the waterway would serve as more than a boon to shipping and a means of ending the persistent hassles caused by the Panama Canal. The United States would have to bear most of the costs, and would deserve most of the revenues. Provisions for military security might be hard to arrange, but would also be much less critical than they are at the Panama Canal, where a few sticks of dynamite could knock a lock out of operation for months...