| The Nicaragua Canal: Will It Ever be Built? | | | | canal. |
| Everyone knows about the Panama Canal, and how it | | | | The Nicaragua Canal proposals ultimately lost to the |
| connects the Atlantic and Pacific oceans. However, | | | | Panama Canal proponents when a Nicaraguan stamp |
| not everyone knows that the United States originally | | | | depicting the Momotombo volcano was printed. |
| wanted to build this canal through Nicaragua, | | | | Lobbyists led by William Nelson Cromwell made use of |
| information on which can be found in It was only | | | | the stamp to argue that the Nicaragua canal was |
| through the efforts of a few lobbyists and the French | | | | exposed to the threat of volcanic activity, although |
| intention to sell their interests on the Panama Canal | | | | such claims were unfounded as Momotombo was |
| that this plan was diverted. | | | | significantly distant from the proposed Nicaragua canal. |
| Early Proposals | | | | However, the die was cast. Panama Canal was |
| Like the Panama Canal, ideas for the construction of | | | | chosen over the Nicaragua canal and the efforts of |
| trans-oceanic canal through Nicaragua had been | | | | Cromwell - who was under the employ of the French |
| proposed by Spanish colonial administrations. As for | | | | Canal Syndicate - paid off. In 1902, majority of the U.S. |
| Nicaragua, the Federal Republic of Central America - | | | | senators voted for Panama, driven by the stamps and |
| composed of El Salvador, Guatemala, Honduras, | | | | a volcanic eruption in Saint-Pierre, Martinique. |
| Nicaragua, and Costa Rica - made the proposal in | | | | After failing in getting the United States to build the |
| 1825 to the United States. | | | | canal, President Santos Zelaya turned to Germany |
| In line with its proposal, the Republic made surveys, | | | | and Japan for financial support. However, the United |
| which showed that the canal would be 278 kilometers | | | | States opposed the construction, because it would |
| long. The canal's route would be parallel the San Juan | | | | pose competition for the high successful Panama |
| River and enter Lake Nicaragua, after which locks and | | | | canal. |
| tunnels would be built in order to link the lake to the | | | | Present Proposals |
| Pacific Ocean. | | | | The idea of building a Nicaragua canal has once again |
| Washington, D.C. was impressed with the proposed | | | | been revived in 2004. The Nicaraguan government |
| canal, which prompted a presentation to the U.S. | | | | made pitches to build a canal which could be large |
| Congress by Secretary of State Henry Clay. | | | | enough to accommodate modern ships whose |
| However, the Congress rejected it because of the | | | | capacities made them unable to traverse the Panama |
| poverty and political instability of the Nicaragua area. | | | | Canal. |
| The British's presence in British Honduras and the | | | | The proposals met again fierce opposition. This time |
| Mosquito Coast also played a part in the rejection of | | | | the opposition came from the environmental sector, |
| the proposed canal. | | | | who argued that the canal would most likely damage |
| The Nicaraguan government turned to other means, | | | | Nicaragua's rivers and jungles. |
| by entering into a contract with Cornelius Vanderbilt | | | | Despite oppositions, Nicaraguan President Enrique |
| which enabled his company the exclusive right to build | | | | Bolanos announced intentions to push through with the |
| a canal for 12 years. Vanderbilt's company, the | | | | Nicaragua Canal plans. According to the official, the |
| Accessory Transit Co., would also solely administrate | | | | Nicaragua canal would work well with the Panama |
| the temporary overland trade route through the Rivas | | | | Canal - an expansion of which is also being proposed |
| isthmus. However, the canal was not completed | | | | to answer the new ship capacities - because there is |
| because of the Nicaraguan Civil War and William | | | | demand to have two trans-oceanic canals to exist in |
| Walker's invasion of the region. | | | | the Central American isthmus. |
| The Panama Canal is Built | | | | One of the advantages being cited by Bolanos is that |
| Two more proposals were pitched forward for the | | | | the canal, which is estimated to cost around US$18 |
| construction of the Nicaragua Canal. The first was in | | | | billion, can shorten sea travel to and from California and |
| 1897 by the U.S. Nicaraguan Canal Commission, and | | | | New York by a day. Compared to the Panama |
| another one in 1899 by the Isthmian Canal Commission. | | | | Canal's capacity to accommodate ships having a |
| It should also be noted that the second commission | | | | displacement of only 65,000 tons, the proposed |
| gave the U.S. the second option of continuing the | | | | Nicaragua canal can accommodate up to 250,000 |
| French construction of the Panama Canal, which was | | | | tons. |
| failing due to inhospitable conditions and high mortality | | | | Aside from the Nicaragua canal, there were also |
| rate among the workers. | | | | proposals to build an overland link made by two |
| The Nicaragua canal faced yet again several | | | | companies: the Intermodal System for Global |
| oppositions, although several key figures supported the | | | | Transport and the Inter-Ocean Canal of Nicaragua. SIT |
| idea like the Nicaraguan minister in Washington Luis | | | | Global's proposals also call for a combination of oil |
| Felipe Corea. The U.S. government even entered into | | | | pipeline and fibre optic cable in addition in addition to a |
| talks with Nicaraguan president Jose Santos Zelaya | | | | railway. |
| for a lease in preparation for the construction of this | | | | |