"De Lesseps' Bubble"

The article discusses the failure of the De Lesseps Panama Canal scheme and notes that Frenchmen would lose considerable sums of money in the “canal bubble.” It notes that J. & W. Seligman & Co. served as the American agent for the canal company but did not have a significant investment in the project. “De Lesseps' Bubble,” Omaha Daily Bee, December 26, 1888, p8