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In 1903, Panama’s revolution from Colombia established Panama as a separate and sovereign nation. This allowed for the prompt agreement between the U.S. and Panama for the construction of the Panama Canal. Much of the skulduggery and backroom actions by the U.S. administration in concert with several financiers took place in Room 1162 in the Waldorf-Astoria Hotel in New York City and led President Theodore Roosevelt to declare, “I took the Isthmus (of Panama) and let Congress debate.”
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