Matted Panama Canal Photograph

Please help us learn more about this matted image of the Panama Canal. So far all we know from the image is that it is captioned “PANAMA CANAL” and it is produced by Foto Flatau Panama.
2000.013.007_0001Can you identify where this photograph was taken? Can you estimate a year or time period?

Were decorated matted images like this one popular souvenirs or gifts? Have you ever seen this matting or image before? Do you own one?

If you have any information about this matted image, please share with us in the comments section!