THE PANAMA CANAL COMPANY.
Paris, Nov, 22. The summons issued against the directors of the Panama Canal Company charges Ferdinand de Lesseps, Charles de Lesseps, Eiffel, Fontana, and Cotter, with fraudulently inducing the public to believe in the feasibility of a purely chimerical scheme, with the intent of swindling. The trial of the accused is fixed for January. M, Delahaye accused members of the Chamber of Deputies of receiving £11(1,000 in bribes, and denounced the scandals as the worst in the history of Parliament, He said that with a quarter of milllion he could buy the conscience of both Houses. Considerable disorder ensued, but M. Delahaye went on to say that when the company refused to pay further blackmail, their shares were “beared.” M. Delaney confirmed these accusations. He said that the mangemen t of the Haute Banque and the Credit Lyonnaise were implicated, They charged 85 per cent, interest. The Premier said that the charges were the result of political passion. M. Floquet professed his readiness to answer the accusations against his Ministry. A committee of Inquiry was appointed by a majority of (58. Three challenges were given in the heat of the discussion, but the duels were averted.
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Temuka Leader, Issue 2430, 26 November 1892, Page 1
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200THE PANAMA CANAL COMPANY. Temuka Leader, Issue 2430, 26 November 1892, Page 1
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