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Updated: June 12, 2025
The De Lesseps Company bought the road for an enormous figure, and started the canal works, to be abandoned later on, but again taken up by a new French Company. In 1901 Uncle Sam got his "fine work" in when he bluffed the new French Panama Company into selling it to him for 40,000,000 dollars, simply by threatening to adopt the Nicaragua route.
It soon became evident that M. de Lesseps had no serious views on the subject, and that he was only too much disposed to yield to external influences.
Colon is the Caribbean terminus of the Panama Railroad, and is also that of the canal projected, and partly dug, under the De Lesseps scheme. The harbor being good, though open to some winds, it is naturally indicated as a point where Isthmian transit may begin or end.
"Great men usually carry their full mental vigor and activity into old age. M. Chevreul, M. De Lesseps, Gladstone, and Bismarck are evidences of this anthropologic fact.
A popular belief exists all over Europe that the late M. Roudaire that De Lesseps who never quite 'came off' proposed to cut a canal from the Mediterranean into the heart of Africa, which was intended, in the stereotyped phrase of journalism, to 'flood Sahara, and convert the desert into an inland sea.
Lesseps began, 'We must have the Commissioners of the Debt on the enquête. "I said, 'It is a sine quâ non that they are not to be upon it. Lesseps replied, 'They must be upon it. Cherif Pasha was pleased. "But I instinctively felt old Lesseps was ratting, so I asked Cherif to stop a moment, and said to Stanton, 'Now, see that Lesseps does not make a mess of it.
This is said to be a humiliating condition to all true Egyptians. The monument at Port Saïd, raised in honor of Ferdinand de Lesseps, as the founder of the enterprise, emphasizes France's contribution to the project.
At sunset we steam past the big statue of Ferdinand de Lesseps, standing far out on the break-water and pointing back with a dramatic gesture to his world-transforming ditch. Then we go dancing over the yellow waves into the full moonlight toward Palestine.
Disregarding the opposition of the English government, and ignoring the Sublime Porte, which was influenced by England, M. de Lesseps began his work in 1859, and on the 25th of April of that year the work was formally commenced, in the presence of M. de Lesseps and four directors of the company, by the digging of a small trench along the projected line of the canal, on the narrow strip of land between Lake Menzaleh and the Mediterranean.
"Well, but allow me to finish, please, sir; if this phenomenon should take place, it will be troublesome for M. Lesseps, who has taken so much pains to pierce the isthmus." "I agree with you; but I repeat, Conseil, this phenomenon will never happen. The violence of subterranean force is ever diminishing.
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