Philippe-Jean Bunau-VarillaBorn 26 Jul 1859; died 18 May 1940 at age 80.French engineer who was an early advocate of the building of a canal across the Isthmus of Panama and chief organizer of the project. He was instrumental in getting the waterway routed through Panama instead of Nicaragua. He was a leader in the conspiracy that successfully wrested Panama from Colombia. As minister of the new Panamanian republic, he negotiated the Hay-Bunau-Varilla Treaty (18 Nov 1903) that gave the U.S. perpetual use and control of the waterway in the Canal Zone for $10,000,000 and an annual fee of $250,000.Image: Signature page of Hay-Bunau-Varilla Treaty. |
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