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 Hay-Bunau-Varilla Treaty enabled the United States to have full control over the Panama Canal Zone and required Panama to pay for any operating costs. These consisted of: the costs of sanitation works, distribution of water, and sewage disposal. When ratifying the treaty, the United States neglected to tell Panamanian representatives any of this.