page_title: Ferdinand de Lesseps
section_title: Panama Canal attempt
hierarchical_section_title: Ferdinand de Lesseps / Career / Panama Canal attempt
caption_attribution_description: Français&#160;: Médaille du percement de l'isthme de Panama réalisée en 1881 par le graveur Oscar Roty. La Fortune réunit deux vieillards personnifiant l'Océan Atlantique et l'Océan Pacifique. (Bronze 56 mm collection personnelle)
context_page_description: Ferdinand Marie, vicomte de Lesseps GCSI was a French diplomat and later developer of the Suez Canal, which in 1869 joined the Mediterranean and Red Seas, substantially reducing sailing distances and times between Europe and East Asia.
  He attempted to repeat this success with an effort to build a Panama Canal at sea level during the 1880s, but the project was devastated by epidemics of malaria and yellow fever in the area, as well as beset by financial problems, and the planned Lesseps Panama Canal was never completed. Eventually, the project was bought out by the United States, which solved the medical problems and changed the design to a non-sea level canal with locks. It was completed in 1914.
context_section_description: In May 1879 a congress of 136 delegates (including Lesseps) assembled in the rooms of the Société de géographie in Paris, under the presidency of Admiral de la Roncire le Noury, and voted in favor of the creation of a Panama Canal, which was to be without locks, like the Suez Canal. Lesseps was appointed President of the Panama Canal Company, despite the fact that he had reached the age of 74. It was on this occasion that Gambetta bestowed upon him the title of "Le Grand Français". However, the decision to dig a Panama Canal at sea level to avoid the use of locks, and the inability of contemporary medical science to deal with epidemics of malaria and yellow fever, doomed the project.
  In February 1880, Lesseps arrived in New York City to raise money for the project. When he stayed at the Windsor Hotel, its staff flew the French flag in his honor. He met the American Society of Civil Engineers and the Geographic Society while touring the area. Lesseps then went to Washington D.C., met with President Rutherford B. Hayes, and testified to the House Interoceanic Canal Committee. He later went to Boston, Chicago, and several other American cities to raise interest and capital for the project.
  In June 1880, Lesseps gave a speech in Liverpool where he was able to find support from a Captain Peacock, who felt the canal project was worth supporting as it would provide routes to save time.
  Lesseps went with his youngest child to Panama to see the planned pathway. He estimated in 1880 that the project would take 658 million francs and eight years to complete. After two years of surveys, work on the canal began in 1882. However, the technical difficulties of operating in the wet tropics dogged the project. Particularly disastrous were recurrent landslides into the excavations from the bordering water-saturated hills, and the death toll from malaria and yellow fever. In the end, insufficient financial capital and financial corruption ended the project. The Panama Canal Company declared itself bankrupt in December 1888 and entered liquidation in February 1889.
  The failure of the project is sometimes referred to as the Panama Canal Scandal, after rumors circulated that French politicians and journalists had received bribes. By 1892 it emerged that 150 French deputies had been bribed into voting for the allocation of financial aid to the Panama Canal Company, and in February 1893 Lesseps, his son Charles (born 1849), and a number of others faced trial and were found guilty. Lesseps was ordered to pay a fine and serve a prison sentence, but the latter was overturned by the Court of Cassation on the grounds that it had been more than three years since the crime was committed. Ultimately, in 1904 the United States bought out the assets of the Company and resumed work under a revised plan.
caption: Piercing of the Isthmus of Panama, medal by Louis-Oscar Roty
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