Uncle Sam, as Santa Claus with his bag of toys, hands a bag of money labeled “$10,000,000” to a little boy wearing a hat labeled “Panama” and holding a huge ship, some books, one labeled “Ledger,” and towing a model train. A railing on the right divides the space into an area with a Christmas tree and an area without. Hanging on the railing, looking in, are five boys labeled “Colombia, Nicaragua, Venezuela, [and] San Domingo” who are depressed and possibly angered that Santa Claus/Uncle Sam has nothing for them.
Comments and Context
Only a month before this cartoon was drawn, on November 18, 1903, the Hay-Bunau-Varilla Treaty was ratified between the United States and the very new Republic of Panama. It followed the declaration of Panama’s independence from Colombia in such short time that Secretary of State John Hay proposed and signed the treaty with Panama’s appointed representative, Philippe Bunau-Varilla in a New York hotel room; the “Minister” had not yet been to Panama.
Under the terms of the agreement, the United States was to pay the $10-million directly to the new government — one of Santa’s “goodies” in the cartoon. America also guaranteed an annual annuity of $250,000; permanent defense of the canal and strip of land known as the Canal Zone, and military protection as requested by Panama. It also assumed debts of the original French interests in the failed and corruption-laden earlier canal project; and various other assurances.