Alaska and the Panama Canal (Classic Reprint)
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Excerpt from Alaska and the Panama Canal
Alaska and the Panama Canal Zone, one lying against the Arctic Ocean and the other in the tropics, one under-laid with perpetual ice and frost, and the other overlaid with perpetual verdure. These are among our most valuable outlying possessions. With these registering the present limits of our country north and south, and with the Philippines in the Orient and Porto Rico in the Atlantic marking our boundaries east and west, the commanding magnitude of our nation is made plain.
For Alaska we paid Russia $7, 200, 000, for the Panama Canal Zone we paid the Panama Republic $10, 000, 000. These were bargain prices, the sums paid being insignificant as compared to the value of the lands, the one being small, but as important as any piece of ground of equal size upon the globe, the other magnificent in area and containing wealth many times greater in amount than the price we paid for it. For years Alaska has been a particularly interesting country to me, but after 8, 000 miles of travel in this vast Northern Territory of ours, I was more than ever impressed with its great resources, and the further fact that our governmental policy was crippling and restricting its proper and natural development. I fully believe that Alaska should be made into a colonial possession and not remain a Territory. I also believe that our Government should not engage in railway construction in Alaska, where failure can be the only result. It has seemed to me that not only was Alaska in itself worth writing about, but that political obstructions that have been placed in the path of its progress ought to be removed. My reasons, I believe, will be found "good and sufficient" by readers of the chapters on Alaska that follow.
As for the Panama Canal Zone and the great Canal itself, few things on earth so entirely justify description.
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