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THEODORE ROOSEVELT.
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contemplated such a canal, and had even gone to work at the Isthmus of Panama, making an elaborate survey and doing not a little digging. But the work was beyond them, and the French Canal Company soon ran out of funds and went into the hands of a receiver.

"We ought to take hold and dig a canal," was heard on all sides in the United States. But where to dig the canal was a question. Some said the Isthmus of Panama was the best place, while others preferred a route through Nicaragua. The discussion waxed very warm, and at last a Commission was appointed to go over both routes and find out which would be the more satisfactory from every point of view.

The Commission was not very long in reaching a decision. The Panama Canal Company was willing to sell out all its interest in the work already done for forty millions of dollars, and it was recommended that the United States accept this offer. President Roosevelt received the report, and lost no time in submitting it to Congress.

At the beginning of the new year, 1902, there was a grand ball at the White House,