Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1893-01-11
Relations Of tho American Committee
10 lh3 Company
rwo MILLIONS ron AN IDEA.
Damaging Evidence Hgninst TX MIN
isicr OF pubiic works
Daihut.

After the usual iOfmalltlca Of open.
Ing had been complied with Floquet
wap presented for recollection to the
presidency OF the chamber.
This evoked somewhat unexpected
and vehement oppasiiion and Floquet
Withdrew his candidacy.
The republican ggoup then noml.
mated NJ. Casimir Perier, and he was
elected by u majority Of l5b. During
the Procedure IN the chamber u
group OF thirteen men, procniming
themselves anarchists, gathered at the
front OF the building and refusing to
move OH when ordered by the police
were arrested.
The new cabinet organized by
lsibot 10: Ribot, premier and minister
VI the interior; Devellc, minister OF
foreign affair; Tinrd, minister Of
finance; Boufguyes, minister OF Justice;
LoizillOn, minister VI war; Burdeau,
minister Of the colonies aud marine:
Dupuy, minister OF instructions; Viger,
minister OF agriculture; Siegirled,
minister OF commerce; Nit,lc. minibter
OF public works.
In the senate today Chairman Thery
made a violent attack upon the re.
ligious policy OF the government. His
speech aroused vigorous protests from
the government supporters. NJ. Le
Roger was reelected president Of the
senate.
At II O'Clock this evening Il Is
learned that Bordeau has refused the
ministry OF Marine, and tho portfolio
will probably DO offered TO Admiral
Gervnise.
The name OF Count Ferdinand De
Lesscps was called, amid profound
silence Mt the opening OF the trial Of
the Panama case. After a short pause
n physician's certificate that the count
was physically unable to be present
was submitted 10 the court. The
Procurer.G General asked, nevertheless,
that judgment by default be given,
aud tho court finally granted the
motion.
Charles De Lesseps made long
statement as 10 the organization OF
the Panama company. His father, he
acknowledged, had sold his founders
share In tho canal, but hot for the pur-
pose OF Withdrawing money from tho
enterprise. In every case Count DE
Lesseps turned such shares into money
merely that he might subscribe for
tho new issue. On the whole, Count DE
Lesseps had invested much more
money In the enterprise than he had
Tho prisoner was then questioned
closely Ms TO the relations OF the Amer
lean Panama committee 10 the com
pany. lie said l2,000,0O0 francs were |
placed at the disposal Of the A morlcau
and used by them for |
the best interests Of the company,
When asked II this sum were not large |
or the purpose for which 1t was /
applied, he replied: ether assistance
was valuable aud they would have
arranged the expenditure Of still
anger amount"
The prosecuting counsel asked sew
,ral questions Intended to draw out
that the feasibility OF the
anal plan was doubted by the direc-
ors before the last loans were
'pplied for. De Lesseps replied that
NJ. Roussea, u competent engineer,
Who examined the works on the
sthmus in 1858, expressed the convlc.
Ion that tho canal could be completed
certain notifications OF the
'rlginal plan were made.
"But Boyer and Jacquet both COM
'etent engineers, declared that the
anal, with locks, would cost from
, 200, 900, 900 to 1900, 200, 900 iranos.U
the presiding Judge.
"Our consulting COMMITTEES NJ
rorks,D replied DE LesBops, "gayean
stimatc Of 600, 100000 francs Tor tho
ompletlon OF the works, and these.
were the only figures we
ould publish"
After recess the presiding Judge
uestioned DE Lesseps as to tho bogus
etltions presented to the chamber and
he enormous payments made by the
ompnDy TO the syndlcates which
SISTED In floating loans. DE Lesseps
nswerOl:
"Aluch ns regretted It, hard neces.
ty compelled us TO resort TO such
leans 10 ensure the SUCCESS OF our
lans. Millions Were given Oben.
mrfieT, the banker, who received
900, 900 francs for giving the company
40 idea of lottery loan In payment.
liz suggestion was u simple plan, ana
behooved us to huinor such a great
anker, and | even had difficulty In
hitting the sum a. narrowly an | did,
i6o all great bankers, Baron De Rel.
ach was keen alter profit. He was
however, Ia his willing.
ess to risk his capital for the purpose
realizing the plan OF the canal. He
az the man who formed the firet
1ciety Civilo with his own capital,
sisted by the name Of M. Bonaparte
'yse. When | gave Baron DE Rel.
,ch money told him to take out OF
whatever remuneration he chose.U
This admission evoked loud murmurs ,
surprise and disappointment, and
- presiding judge said:
"You hanIod him millions with ,
to put as much us he want.
In his own pOckel?" q
"Exactly; he first demanded Ia, 900. !
o, then II, 100000 francs. | refused /
grant the excessive demands and 4