Then came the downfall, which has been compared to that of the South Sea Bubble. When the Company went into liquidation, scores of shady transactions came to light. Editors of newspapers and deputies had been bribed to gain their support, and money had been wasted in almost every possible manner. In February, 1893, M. Ferdinand de Lesseps and four other directors were prosecuted, with the result that he, MM. C. de Lesseps, Fontaine, and Cottin, were convicted of breach of trust and swindling, the two former being sentenced to five years' imprisonment and 3,000 francs fines each, and the latter two years and 20,000 francs fines. M. Eiffel, the architect of the great tower of Paris, was found guilty of breach of trust, and sentenced to two years' imprisonment and a fine of 20,000 francs. Nine persons were then charged with receiving bribes, one of whom, M. Baïhaut, admitted that he got 375,000 francs. Three were found guilty, sentenced to imprisonment, fines, and to pay the liquidators of the company the amount of M. Baïhaut's bribe. Charles de Lesseps appealed against the charges of swindling, and these were quashed on the ground that the transactions had occurred more than five years before, thus getting the longer terms of imprisonment and fines of the three principals reduced. Ferdinand de Lesseps hardly knew what was going on; he was old, feeble, and in a state of apathy and stupor. Pity for his condition prevented the carrying out of the sentence as far as he was concerned, and he died on the 7th of December, 1894. The _Times_, in noticing his death, said the story was a most pitiful one. The blame of the Panama affair must be laid upon the people and the public temper. Bribery and corruption were symptoms of a thoroughly unhealthy state of things. An infatuated public provided enormous sums; when these were spent, more went the same way, and to get these contributions everything possible was done. Lesseps was no engineer, but a diplomatist, planning great schemes and the means of carrying them out. He was the man of the moment in France. He was neither a financier nor an engineer, neither an impostor nor a swindler. He was a man of great originality, of indomitable perseverance, of boundless faith in himself, and of singular powers of fascination over others.