Panama And What It Means
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In our eReader you can find the full English version of the book. Read Panama And What It Means Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Panama And What It Means
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The con- structing companies cleared out, and the whole construction passed into the hands of M. Eiffel.
More money was wanted. The French public was again invited to subscribe. But enthusiasm had been damped down. Subsequent revelations showed that bribery was practised to induce the French Government to supply the necessary funds. That failed. Then there was an agitation to have a national lottery, so that the cupidity of people could be appealed to. This was granted, but the response was uns...atisfactory. Then in 1888, with the wells of supply dried up, the de Lesseps company failed and went into liquidation. So, although the promise had been made that the Canal would be completed for £25, 000, 000, £80, 000, 000 had been raised and spent, and the Canal was not half finished.
Now was the appropriate moment for the United States, which had been watching the whole enter- prise with jealous and unfriendly eyes, to take action. The Government at once formally protested against any European Government having a voice in the construction of the Canal ; public money was set aside to guard American rights ; the Maritime Canal Company of Nicaragua, heavily financed by New York, came into existence.
What to read after Panama And What It Means?
You can find similar books in the "Read Also" column, or choose other free books by John Foster Fraser to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
The con- structing companies cleared out, and the whole construction passed into the hands of M. Eiffel.
More money was wanted. The French public was again invited to subscribe. But enthusiasm had been damped down. Subsequent revelations showed that bribery was practised to induce the French Government to supply the necessary funds. That failed. Then there was an agitation to have a national lottery, so that the cupidity of people could be appealed to. This was granted, but the response was uns...atisfactory. Then in 1888, with the wells of supply dried up, the de Lesseps company failed and went into liquidation. So, although the promise had been made that the Canal would be completed for £25, 000, 000, £80, 000, 000 had been raised and spent, and the Canal was not half finished.
Now was the appropriate moment for the United States, which had been watching the whole enter- prise with jealous and unfriendly eyes, to take action. The Government at once formally protested against any European Government having a voice in the construction of the Canal ; public money was set aside to guard American rights ; the Maritime Canal Company of Nicaragua, heavily financed by New York, came into existence.
What to read after Panama And What It Means?
You can find similar books in the "Read Also" column, or choose other free books by John Foster Fraser to read onlineMoreLess
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