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Learn french language in france, french language courses, delf dalf. The panama canal cost the united states about 375 million, including 10 million paid to panama and 40 million paid to the french company. Although it was the most expensive construction project in us history to that time, it cost about 23 million less than the 1907 estimate despite landslides and an increase in the canals width. French panama canal failure (1881-1889) under the charismatic leadership of ferdinand de lesseps, the french attempted to construct a sea-level canal in panama. Delesseps, who had been successful in building the suez canal against all odds, assured everyone that building a canal in panama would be easier to make than the suez canal. The new panama canal company, the compagnie nouvelle de canal de panama was organized effective october 20, 1894. With insufficient working capital, only some 12,000,000, to proceed with any significant work, the compagnie nouvelle entertained the hope of attracting investors who would help them to complete an isthmian canal as a french enterprise. The panama canal (spanish canal de panam) is an artificial 82 km (51 mi) waterway in panama that connects the atlantic ocean with the pacific ocean. The canal cuts across the isthmus of panama and is a conduit for maritime trade. Canal locks are at each end to lift ships up to gatun lake, an artificial lake created to reduce the amount of excavation work required for the canal, 26 m (85 ft.). panama canal, the lock-type canal that connects the atlantic and pacific oceans through the narrow isthmus of panama. The length of the panama canal from shoreline to shoreline is about 40 miles (65 km). The panama scandals (also known as the panama canal scandal or panama affair) was a corruption affair that broke out in the french third republic in 1892, linked to a french companys failed building attempt at constructing a panama canal. Close to half a billion francs were lost and members of the french government had taken bribes to keep quiet about the panama canal companys financial. The isthmian canal commission, appointed by the spooner act of 1899, reported in november, 1901, in favor of the nicaragua route unless the french company was willing to sell out at 40,000,000. This recommendation became a law on june 28, 1902, and the new panama canal company was practically forced to sell for that amount or get nothing. Learn french language in france, french language courses, delf dalf.