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About: Spooner Act     Goto   Sponge   NotDistinct   Permalink

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The First Spooner Act of 1902 (also referred to as the Panama Canal Act, 32 Stat. 481) was written by a United States senator from Wisconsin, John Coit Spooner, enacted on June 28, 1902, and signed by President Roosevelt the following day. It authorized purchasing the assets of a French syndicate called the Compagnie Nouvelle du Canal de Panama, provided that a treaty could be negotiated with the Republic of Colombia. The Spooner Act was followed by the Hay–Bunau-Varilla Treaty of November 18, 1903.