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Panama: Crossroads of Empires · Episode 7 of 24 · 23 min

The French Panama Canal: How the Hero of Suez Buried 22,000 People

Ferdinand de Lesseps, hero of Suez, took on Panama in 1880 and insisted on a sea-level canal. Disease killed about 22,000 workers, and the 1889 financial collapse ruined 800,000 small investors. The ensuing Panama Scandal brought prosecutions and an antisemitic backlash in France.

Who's who

Where it happens

Timeline

  1. 1879Paris congress endorses de Lesseps's sea-level canal
  2. 1880-1881Compagnie Universelle begins work
  3. c. 1887De Lesseps concedes a lock canal; Eiffel hired for locks
  4. February 4, 1889Paris court orders the company liquidated
  5. 1892-1893Panama Scandal breaks; de Lesseps, his son and Eiffel prosecuted
  6. 1894Successor Compagnie Nouvelle formed

Still debated

The accepted toll is about 22,000 dead, though the company suppressed records. Eiffel was convicted but the verdict was later annulled, and his exact responsibility is debated. The scandal gravely discredited the political class and fed antisemitic movements.

french canalyellow fevermalariapanama scandalengineeringfinance
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