Panama: Dig We Must

President Johnson last week took a step that U.S. policymakers have been talking about for years. "This government," he said at a White House press conference, "has completed an intensive review of policy toward the present and future of the Panama Canal. On the basis of this review, I have reached two decisions. First, that the United States should press forward with Panama and other interested governments in plans and preparations for a sea-level canal in this area. Second, I have decided to propose to the government of Panama the negotiation of an entirely new treaty on the existing...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!