The Latin Americans watched with fascination and concern as the dramatic events of November of 1903 progressed in the Isthmus of Panama. There, early in that eventful month, the interests of Panamanian patriots who long had sought the independence of their region from Colombia and of the United States which wanted to begin the construction of a vitally needed inter-ocean canal coincided. The Panamanians declared their independence on November 3, and the presence of United States forces to prevent the suppression of that revolution by Colombia assured its success. On November 6, Secretary of State John Hay ordered the United States consul in Panama to enter into relations with the new government, thereby extending to it de facto recognition. De jure recognition followed on November 13, when Panama's representative to the United States, Philippe Bunau-Varilla, was received officially in Washington. Five days later, Hay and Bunau-Varilla signed the treaty which gave to the United States the use, occupation, and control of a zone of land ten miles wide, extending across the isthmus from Colon to Panama City. In effect, Panama ceded sovereignty over that zone. The United States, for its part, guaranteed the independence of Panama, paid the sum of $10,000,000 to the new government, and promised an annual subsidy of $250,000.