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•Why did the U.S. want to build a canal across Central America? How did the U.S. eventually accomplish this?
Weegy: U.S built the Panama Canal to save having to sail all the way around South America to get from the Atlantic Ocean to the Pacific Ocean. The new company, was also unable to accomplish the task of building the canal. [ [ In order to recover some of the money that was invested in the canal project, the French began looking for someone who would buy their equipment and the rights to build the canal in Panama. The price of $100 million dollars was set. Two primary stock holders of the French holding company, William Cromwell and Lieut.-Colonel Philippe Bunan-Varilla, took on the task of finding a buyer. Bunan-Varilla who was the Chief Engineer of the French Panama Canal Company believed that the United States was the only country with enough resources to make the purchase and finish the canal. ] (More)
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