Federal money allocated for Cross-Florida Ship Canal on this date
1935 – A $5,000,000 allocation for the cross-Florida ship canal was announced by President Franklin D. Roosevelt on this date. The canal would have connected the Atlantic Ocean with the Gulf of Mexico, which opponents argued would cut down on shipping costs and would be safer than traveling through the Florida Straits. Although the idea of a cross peninsular canal was first introduced as early as the 16th century, it was not until President Roosevelt allocated funds as an economic recovery project that any real construction began.