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The Hay–Herrán Treaty was a treaty signed on January 22, 1903, between
United States Secretary of State The United States secretary of state is a member of the executive branch of the federal government of the United States and the head of the U.S. Department of State. The office holder is one of the highest ranking members of the president's Ca ...
John M. Hay of the
United States The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country Continental United States, primarily located in North America. It consists of 50 U.S. state, states, a Washington, D.C., ...
and Tomás Herrán of
Colombia Colombia (, ; ), officially the Republic of Colombia, is a country in South America with insular regions in North America—near Nicaragua's Caribbean coast—as well as in the Pacific Ocean. The Colombian mainland is bordered by the ...
. Had it been
ratified Ratification is a principal's approval of an act of its agent that lacked the authority to bind the principal legally. Ratification defines the international act in which a state indicates its consent to be bound to a treaty if the parties inten ...
, it would have allowed the United States a renewable
lease A lease is a contractual arrangement calling for the user (referred to as the ''lessee'') to pay the owner (referred to as the ''lessor'') for the use of an asset. Property, buildings and vehicles are common assets that are leased. Industrial ...
of 100 years on a six-mile-wide strip across the
isthmus of Panama The Isthmus of Panama ( es, Istmo de Panamá), also historically known as the Isthmus of Darien (), is the narrow strip of land that lies between the Caribbean Sea and the Pacific Ocean, linking North and South America. It contains the country ...
(then part of Colombia) for $10 million and an annual payment of $250,000, both payments being in gold coin. It was ratified by the
United States Senate The United States Senate is the upper chamber of the United States Congress, with the House of Representatives being the lower chamber. Together they compose the national bicameral legislature of the United States. The composition and po ...
on March 14, but it was not ratified by the
Senate of Colombia The Senate of the Republic of Colombia ( es, Senado de la República de Colombia) is the upper house of the Congress of Colombia, with the lower house being the House of Representatives. The Senate has 108 members elected for concurrent (non- ...
, so it had no effect. It has been considered by later observers that this happened mainly because Herrán had negotiated the treaty with little government or legislative oversight. It has also been mentioned that many of the politicians and congressmen found the amount offered to fall short, considering that the United States was willing to pay $40 million for the New Panama Canal Company and its construction equipment and excavations. The United States government was not willing to renegotiate the treaty with Colombia or alter the amounts involved and soon gave its support, both political and military, to a planned uprising in Panama, which led to its independence and to the eventual construction of the
Panama Canal The Panama Canal ( es, Canal de Panamá, link=no) is an artificial waterway in Panama that connects the Atlantic Ocean with the Pacific Ocean and divides North and South America. The canal cuts across the Isthmus of Panama and is a condui ...
.


See also

* Spooner Act *
Clayton–Bulwer Treaty The Clayton–Bulwer Treaty was a treaty signed in 1850 between the United States and the United Kingdom. The treaty was negotiated by John M. Clayton and Sir Henry Bulwer, amidst growing tensions between the two nations over Central America, a ...
* Hay–Pauncefote Treaty *
Hay–Bunau-Varilla Treaty The Hay–Bunau-Varilla Treaty ( es, Tratado Hay-Bunau Varilla) was a treaty signed on November 18, 1903, by the United States and Panama, which established the Panama Canal Zone and the subsequent construction of the Panama Canal. It was named ...
* Separation of Panama from Colombia


References

{{DEFAULTSORT:Herran-Hay Treaty Treaties of the United States History of Colombia Banana Wars 1903 in American law 1903 in Colombia History of Central America Treaties of Colombia Treaties concluded in 1903 Colombia–United States relations