The record-union., 1892-12-22
Government for its severity should avail
developments.
WHERE THE MONEY WENT.

" hfRE The MON Ely WENT.
PARIS, Dec. 2l.-According to state
ments issued by the liquidators, the
amount expended by the Panama Canal
Company has reached the enormous total
OF sZ6O 000,000 Achille AIonchicourt. the
,ast Ilquldator, places under the follow
ing heads the sums expended in prepara-
tory work and organization: For conces-
sions and general expenses, $50, 100000;
for advertisements, 81, 500, 900; taxes,
ETC., sl1, 100000; construction, material
and transportation, S., 200, Geo; contract
ors. SIS, ,600.0O0; purchase Of the Panama
Railroad, SlS,6O0, ,0O0; paid shareholders as
al interim interest and invested for the
payment Of lottery bonds, So, 200 600.
According TO this account not the
whole of The SZ60,000,000 has been lost.
One-iifrh OF this sum has been paid to
subscribers in the shape of interest ad in
term. Then there are assets represented
by the fourth, fifth and sixth items.
These cost little over $4,000, 600 and
their present value is estimated at Sl4,
UOO,OO0. The other three items, amount
ing to a little over 500, 900, 900, are a total
loss. OF the whole amount expended
only little over one-third was spent in
the actual construction of the canal.
THE COMING DUELs.
PARIS, Dec 2l.-The arrangements for
some Of the duels growing out of the re-
cent events III the Chamber have been
completed. Deputies Thompson and
Menard Deerian viii second CIemenceau
III both Of his encounter Dumcntiel and
Baries will represent Deroulede, and
Jourde and COussod will take care Of
Millevoye's interests.
AS all concerned are deputies, the duels
can take place anywhere, as the partici
pants are exempt from prosecution.
The coming duel between Clemenceau,
| the editor of La JEStlcc, and Deroulede is
arousing considerable interest Deroulede
| has granted Clemenceau the choice O.!
weapons, and the preparations for the
event are being pushed rapidly forward.
| The friends of Clemenceau say that he in
tends the duel to be to the death, and he
will be satisfied with nothing short of
| this. Deroulede'S friends aver that he also
Is of deadly mind, and intends to Kill
Clemenceau or to be killed himself. To
prevent La Justice from having an ex-
elusive report of the duel, thereby max
ing enormous sales, which would be
especially narrowing to Deroulede's
friends in case Of his defeat, the latter
have promised, it is said, to keep the
other newspapers fully and promptly
posted on the subject. The duel will TAX e
place tomorrow. Both com batants look ed
pale and earnest this morning, but other
wise showed no sign Of apprehension.
The conditions agreed upon will show
the two to be remarkably lacking in
nerve if there is no fatal result. They
are to fight with pistols. They will be
stationed twenty-five yards apart, but
with the privilege Of advancing to five
PAGES. AS both men are considered good
shots, it is generally believed one or both
will be killed.
! LATER. - The Deroulede- Clemenceau
duel has not yet been definitely arranged.
| Deroulede, although accepting Clemen-
ceaus conditions, desires to have the
affair referred to a court of arbitration,
which shall decide who is the offender.
The duel is consequently postponed in
/ definitely