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 never acquired Panama. However, after building the canal from 1904 - 1914 the US did have perpetual control of a five mile wide zone on either side of the 50 mile canaâ¦l. The Treaty that allowed this was called The Hay-Bunau-Varilla Treaty, signed by the Panamanian government.