These famous quotes from The Declaration of Independence have provided a foundation of liberty for over 200 years and provide clues to our forefathers original intentions. 1  slide 1 of 3. 2  slide 2 of 3. 3  slide 3 of  3.
Panama is not a US territory just for using the dollar. Remember other countries use the dollar: El Salvador, Ecuador, to name a couple. Panama really does not have an official currency. Its constitution strictly forbids any fiat currency. The dollar is in use by the market, but the government cannot force its use.
The US gives up Panama Canal. On September 7th, the United States and Panama signed a treaty revoking the treaty of 1903, which had granted the US control of the Panama Canal forever. The new treaty called the Panamanian control of the Canal by the year 2000. The continued American ownership of the Panama Canal resulted in growing protests in Panama, which were supported throughout South America. President Carter supported reaching a treaty with Panama to return control of the Canal. On September 7th, the United States and Panama, under the leadership of General Omar Torrijos, reached an accord that would return full control of the Canal to the Panamanians by the year 2000. Under the terms of the treaty the United States maintained the right to defend the Canal beyond that point.