Panama and the canal . Copyright by Jfin. H. French Machine Working on a Bank in PanamaCanal. 122 30,000,000 course, much good digging was done, but at the end of thattime not over two fifths of the whole work was three hundred million dollars had been raised. A. De Lesseps Palace. large part of it was secured from French farmers and day-laborers, who believed in the great De Lesseps and turnedover to him their little savings. About one third of thisenormous sum was wasted, one third stolen, and one thirdactuahy spent on the canal. What a dreadful story of mis-management
Panama and the canal . Copyright by Jfin. H. French Machine Working on a Bank in PanamaCanal. 122 30,000,000 course, much good digging was done, but at the end of thattime not over two fifths of the whole work was three hundred million dollars had been raised. A. De Lesseps Palace. large part of it was secured from French farmers and day-laborers, who believed in the great De Lesseps and turnedover to him their little savings. About one third of thisenormous sum was wasted, one third stolen, and one thirdactuahy spent on the canal. What a dreadful story of mis-management ! Had all the $400,000,000 been properly spent,the canal might have been last the whole world came to know what had hap- A NATIONAL SCANDAL 123 FrenchFailure pened. It was clear that De Lesseps and the FrenchPanama Canal Company had failed. Rage and excite-ment spread over France. Thousands of per-sons had sunk all their money in the greatscheme, and now found themselves end had come, no canal was built, the money was a long trial was held to find out who was to leading men in France were accused of sharing in the ^s^*^
Size: 2184px × 1144px
Photo credit: © The Reading Room / Alamy / Afripics
License: Licensed
Model Released: No
Keywords: ., bookcentury1900, bookdecade1910, bookidpanamacanal0, bookyear1910
