"De Lesseps' Bubble"

December 26, 1888

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