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Lesseps Company Spent 1.335 Billion Francs in Panama (1881-1889): neither Rock nor Jungle Stopped It, but Yellow Fever

Summary by SciencePost
Between 1881 and 1889, the Universal Company of the Interoceanic Canal of Panama spent 1.335 billion francs without ever opening the passage between the two oceans. Although engineers triumphed over geological and environmental challenges, yellow fever and malaria decimated the teams, resulting in the bankruptcy of the project and the ruin of thousands of French investors. More
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Between 1881 and 1889, the Universal Company of the Interoceanic Canal of Panama spent 1.335 billion francs without ever opening the passage between the two oceans. Although engineers triumphed over geological and environmental challenges, yellow fever and malaria decimated the teams, resulting in the bankruptcy of the project and the ruin of thousands of French investors. More

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SciencePost broke the news on Friday, October 2, 2026.
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