7th September
It was on this day...
1977 USA Gives Panama Canal To Panama

The canal was built using US money, but it was always seen as a symbol of the USA's colonial power. This caused friction in Panama, and in other Latin American countries.

On this day, US President Jimmy Carter signed a treaty to transfer the Panama canal to Panama by the end of the century. A US controlled area surrounding the canal (the 'Canal Zone') which bisected Panama was immediately abolished.

One of the terms of the treaty empowered the USA to use military force to keep the canal open if necessary. This term of the treaty was used in 1989 as a justification to overthrow Manuel Noriega who threatened to seize the canal.

Control of the canal passed over peacefully on 31st December 1999. Former President Jimmy Carter told the Panamanians, 'It's yours."

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Birthdays
1936
Buddy Holly
1909
Elia Kazan
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Other News
1892 The first boxing match under the Marquess of Queensbury rules, which require fighters to wear gloves, is fought. The heavyweight championship bout is won by Gentleman Jim Corbett who knocks out James L Sullivan.
1979 ESPN the first all sports TV station in the USA begins broadcasting.

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