Sunday · September 27, 2026
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American history, reported as it happened
Made for the 250th
19771776 Club

Carter signs treaties ceding the Panama Canal, to take effect in 1999

Two treaties signed at the OAS, with a twenty-two-year clock now running toward the 1999 handover.

For seventy-four years, the United States had run the Panama Canal under a 1903 treaty Panama never stopped resenting. On September 7, 1977, President Jimmy Carter and Panamanian strongman Omar Torrijos sat down at the Organization of American States headquarters in Washington and signed two agreements: one guaranteeing the canal's permanent neutrality, the other setting a firm date for Panama to take over. Full Panamanian control would begin at noon on December 31, 1999. The Senate still had to ratify both treaties…

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1864

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20081776 Club
Regulators fire both CEOs and boards, and the Treasury takes a 79.9 percent stake in each company.
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More from Cold War America
1975

Stafford and Leonov shake hands through an open hatch; American and Soviet spacecraft dock in orbit

Soyuz 19 and the last Apollo ever built linked up at 16:19 UTC, two days after lifting off from opposite sides of the world.
1966

Young and Collins ride Agena's engine to 412 nautical miles; no human has flown higher

Gemini 10 docks with its target vehicle hours after liftoff from Cape Kennedy, with Collins set to walk outside and retrieve hardware from a second Agena still drifting in orbit.
1960

From out of the deep to target, perfect: Polaris fires from a submerged submarine

A second missile follows within two hours, both striking 1,100 miles downrange off Florida.
1969

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