The Panama scandals was a corruption affair that broke out in the French Third Republic in 1892, linked to a French company's failed 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 Company's financial troubles in what is regarded as the largest monetary corruption scandal of the 19th century.
A caricature on the scandal. It reads: "Few new toys this year: we're liquidating everything that remains of the stock of marionnettes that say: Papa, -Nana, -Mama, -Panama."
1891 Panama Canal Company Liquidation Court Trial in Paris, France
The French Third Republic was the system of government adopted in France from 4 September 1870, when the Second French Empire collapsed during the Franco-Prussian War, until 10 July 1940, after the Fall of France during World War II led to the formation of the Vichy government.
Proclamation of the abolition of the monarchy in front of the Palais Bourbon, seat of the Corps Législatif, on 4 September 1870
A French propaganda poster from 1917 is captioned with an 18th-century quote: "Even in 1788, Mirabeau was saying that War is the National Industry of Prussia."
The Sacré-Cœur Basilica was built as a symbol of the Ordre Moral.
Georges Ernest Boulanger, nicknamed Général Revanche