After serious review, Secretary of War Taft asks Chairman Shonts whether to accept a bid for the construction of the Panama Canal under the present contract or to reject all bids entirely. Taft cites that the two most desirable bids, McArthur Syndicate then William J. Oliver and Anson M. Bangs, fit all the requirements with exception to “the least expense of the Government” due to the bidders’ desire to split profits with investors. Taft informs Shonts of the resignation of John F. Stevens, chief engineer of the project, and solicits to have him replaced with Major George W. Goethals, who agrees with Taft and Stevens that a new contract must be drafted. In the meantime, Taft requests that the Commission reject the two bids aforementioned. 

Collection

Library of Congress Manuscript Division

Creation Date

1907-02-23

Creator(s)

Taft, William H. (William Howard), 1857-1930

Recipient

Shonts, Theodore P. (Theodore Perry), 1856-1919

Language

English

Period

U.S. President – 2nd Term (March 1905-February 1909)

Repository

Library of Congress Manuscript Division

Page Count

6

Production Method

Mixed

Record Type

Multi-image

Resource Type

Letter

Rights

These images are presented through a cooperative effort between the Library of Congress and Dickinson State University. No known restrictions on publication.

Citation

Cite this Record

Chicago:

Letter from William H. Taft to Theodore P. Shonts. [February 23, 1907]. Library of Congress Manuscript Division. Library of Congress Manuscript Division.
https://www.theodorerooseveltcenter.org/digital-library/o55565. Theodore Roosevelt Digital Library. Dickinson State University.

MLA:

Taft, William H. (William Howard), 1857-1930. Letter from William H. Taft to Theodore P. Shonts. [23 Feb. 1907]. Multi-image.
Library of Congress Manuscript Division. Library of Congress Manuscript Division.
Theodore Roosevelt Digital Library. Dickinson State University. December 11, 2025. https://www.theodorerooseveltcenter.org/digital-library/o55565.

APA:

Taft, William H. (William Howard), 1857-1930., [1907, February 23]. Letter from William H. Taft to Theodore P. Shonts.
Library of Congress Manuscript Division. Library of Congress Manuscript Division.
Retrieved from https://www.theodorerooseveltcenter.org/digital-library/o55565.

Cite this Collection

Chicago:

Library of Congress Manuscript Division. Library of Congress Manuscript Division.
https://www.theodorerooseveltcenter.org/collection/library-of-congress-manuscript-division. Theodore Roosevelt Digital Library. Dickinson State University.

MLA:

Library of Congress Manuscript Division. Library of Congress Manuscript Division.
Theodore Roosevelt Digital Library. Dickinson State University. December 11, 2025. https://www.theodorerooseveltcenter.org/collection/library-of-congress-manuscript-division.

APA:

Library of Congress Manuscript Division. Library of Congress Manuscript Division.
Retrieved from https://www.theodorerooseveltcenter.org/collection/library-of-congress-manuscript-division.