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Word Count: 730
Earlier this week French engineers were forced to abandon their work in Panama after receiving news their privately owned company ran out of money For the past eight years France has been trying to construct a canal that would link the Atlantic Ocean and the Pacific Ocean Unfortunately due planning errors made by the companys president workers are not financially capable to continue with the construction A total of 1174 million francs 214 million have been spent towards the building of this canal However this money did not come from Frances government but from French private investors who wanted a share in the profits In 1879 a private company was formed not only to raise money needed for the canal but also to construct it The president of this company was a 74-year-old Frenchman by the name Ferdinand de Lesseps who was a former diplomat and famous for his participation in the construction of the Suez Canal in 1869 His fame and experience made him seem perfect for the job but his stubborn vain opinionated attitude contributed to disaster Source 1 From the very beginning of this project Lesseps believed he knew better than the engineers under his command Source 1 When engineers offered advice he immediately rejected it His plan was to run the canal south following the Changres River and then passing through the mountains Engineers didnt argue with him about this path but told him it was necessary to use locks to lift the ships up and over the mountains instead of carving a gigantic hole in the mountain Although this was a good idea stubborn Lesseps refused to use it and insisted on building a sea-level canal When engineers heard they were to build a 72-foot-wide 300-foot-tall gorge in Culebra Hill they were appalled at the amount of earth Lesseps wanted to remove They argued with him over and over to build locks but the old man wouldnt back down By
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