The result of the Hay-Bunau-Varilla Treaty was that it gave the United States exclusive canal rights across the Isthmus of Panama.
The exchange that was kept for these rights was the financial reimbursement and guarantees of protection to this newly established republic.
The Hay-Bunau-Varilla Treaty was a treaty that was signed on November 18, 1903, by the United States and Panama,, that established the Panama canal zone as well as the subsequent construction of the Panama Canal. This treaty eventually allowed the United States to build, fortify as well as control an isthmian canal in Central America.
As a matter of fact, even Congress authorized the Walker commission to suggest possible canal routes in Panama and Nicaragua.
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