THE PANAMA SCANDALS.
Paris, Feb. 9. The Chamber of Deputies has ordered copies of the epeech delivered by M. on the Panama scandal to be placarded throughout France. The Court, on the charges of swindling and breach of trust, sentenced Count de Lesseps and his son Charles, to five years' imprisonment, and a fine of £200; Fontaine and Baron Cottu to two years' imprisonment, and a £l2O fine. On a charge of breach of trust, Eiffel, builder of the tower known by his name, was sentenced to two years' imprisonment and fined £BOO.
During the last few sittings of the Chamber of Deputies several disorderly scenes have been witnessed. M. Cavaignac is hailed as the next President of the Republic.
Feb. 10,
The sentences in connection with the Panama Canal frauds have created a sensation in France. The Court held that fraud had been proved by the maedacity associated with the loan issues, ari4 declared that the Directors had constantly concealed the operations of underwriting. Th& syndicates were pronounced to be fictitious. • M, Eiffel was acquitted of fraud, but convicted of breach of trust, inasmuch as he received 120,000,000 francs for works which it had been proved he had never completed. M. Eiffel has yet to appear before the Court of Cessation. M. Rouvier was acquitted because the Court could not detect a connection between the cheque for 50,000 francs received from M. Valseto, ileinaeh's agent, and his ''.pwwuvier's) vcte on the Lottery Bill. M. Biowitf. «ay,-j that the sentences passed on Ferdinand de Losßeps and Fontaine are a piece of cruelty,'as it war, not shown that they were actuated by person! motives, and that the Judges in inflicting such severe punishment were simply playing to the gaii-iiy. _ All the Panama. Company directors have given noticed sppaaj. The- Paris -wjcrri protest, against the infliction of the maximum penally on the two Do Leaps', •ijjm clamour for the pardon of Ferdinand who they declare is an imbecile and unconscious of the sentence.
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Temuka Leader, Issue 2464, 14 February 1893, Page 4
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331THE PANAMA SCANDALS. Temuka Leader, Issue 2464, 14 February 1893, Page 4
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