The Nation: Ceding the Canal-Slowly

Yet a bruising fight for Senate ratification lies ahead

In the sun-swept presidential suite of Panama City's Holiday Inn, overlooking a bay speckled with shrimp boats, the mood was clearly jubilant. Chief Panamanian Negotiator Romulo Escobar Bethancourt jumped to his feet and reached across the table to grasp the outstretched hands of U.S. Negotiators Ellsworth Bunker and Sol Linowitz. With a smile that seemed as broad as the canal over which they had been arguing for many months, Escobar proclaimed: "This is good. Here are the people...

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