The Panama CanalHaskin, Frederic J. (Frederic Jennings)
History
The Panama Canal
Haskin, Frederic J. (Frederic Jennings)
Panama Canal (Panama)
As a result, de Lesseps became a national hero in France, and when it
became known that he contemplated piercing another isthmus, the whole
country rose to his support. In 1875, six years after the Suez Canal
had been opened, and as soon as France had recovered her breath from
the shock of the war with Prussia, a company was organized by de
Lesseps to procure a concession for the building of a Panama Canal.
Already the world, as well as France, had come to regard de Lesseps as
an engineer, rather than as a promoter of stock companies, and in this
lay the germ of the disaster that was to overtake the whole scheme.
In 1876, Lucien Napoleon Bonaparte Wyse, a lieutenant of engineers in
the French Army, was sent to Panama to determine the most feasible
route and to conclude negotiations for the construction of a canal
there. He made a perfunctory survey, commencing at Panama and
extending only two-thirds of the way to the Atlantic coast;
nevertheless, he calculated the cost in detail and claimed that his
estimates might be depended upon to come within 10 per cent of the
actual figures. However weak in engineering he may have been, he was
strong in international negotiations, returning to France with a
concession which gave him the right to form a company to build the
canal, and which gave to that company all the rights it needed,
subject only to the prior rights of the Panama Railroad Company under
its concession. The concession was to run for 99 years, beginning from
the date when the collection of tolls on transit and navigation should
begin. The promoters were allowed 2 years to form the company and 12
years to build the canal. The Government of Colombia was entitled to a
share in the gross income of the canal after the seventy-fifth year
from its opening. Four-fifths of this was to be paid to the National
Government and one-fifth to the State of Panama. The canal company was
to guarantee that these annual payments should on no account be less
than $250,000.
When Wyse returned to Paris he got de Lesseps to head the project. The
hero of Suez summoned an international commission of individuals and
engineers, known as the International Scientific Congress, which met
in Paris, May 15, 1879. There were 135 delegates in attendance, most
of whom were Frenchmen, although nearly every European nation was
represented. The United States had 11 representatives at this
congress. After two weeks' conference the decision was reached that a
sea-level canal should be constructed from Colon to Panama. Only 42 of
the 135 men who met were engineers, and it has been stated that those
who knew most about the subject found their opinions least in demand.
M. de Lesseps dominated the conference. Several members who were
radically opposed to its conclusions, rather than declare their
difference from the opinions of a man of such great distinction and
high reputation as de Lesseps enjoyed at that time, absented
themselves when the final vote was taken.
Public-domain text, read in full here on John Shaqi.
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