Summary

1911 Encyclopædia Britannica, Volume 20… (1911)

The Spanish War of 1898 gave a tremendous impetus to popular interest in the matter, and it seemed an article of the national faith that the canal must be built, and, furthermore, that it must be under American control. To the American people the canal appears to be not merely a business enterprise from which a direct revenue is to be obtained, but rather a means of unifying and strengthening their national political interests, and of developing their industries, particularly in the Pacific States
Source: Wikisource

1911 Encyclopædia Britannica, Volume 20… (1911)

The time required to pass over these distances being greater than the difference in the time of transit through the canals, the Nicaragua line, after completion, would be somewhat the more advantageous of the two to the United States, notwithstanding the greater cost of maintaining the longer canal.
The government of Colombia, in which lies the Panama Canal, has granted an exclusive concession, which still has many years to run. It is not free to grant the necessary rights to the United States, except upon condition that an agreement be reached with the New Panama Canal Company.
Source: Wikisource

1911 Encyclopædia Britannica, Volume 20… (1911)

At Nicaragua the distance is greater, being about 156 m. in a straight line, but more than one third is covered by Lake Nicaragua, a sheet of fresh water with an area of about 3000 sq. m. and a maximum depth of over 200 ft., the surface being about 105 ft. above sea-level. Lake Nicaragua is connected with the Atlantic by a navigable river, the San Juan, and is separated from the Pacific by the continental divide, which is about 160 ft. above sea-level. At Nicaragua only a canal with locks is feasible, but at Panama a sea-level canal is a physical possibility.
Source: Wikisource

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