Panama scandals
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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 fra
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
Jacques de Reinach
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Baron Jacob Adolphe Reinach, known as Jacques de Reinach was a French banker of Jewish German origin, involved in many major financial deals before being brought down by the Panama scandals. He was th
Panama scandals
…annulled. In the bribery trial, the former city development minister, Charles Baïhaut, received five years imprisonment, of which he served three years. Baron Reinach – the financial adviser of the Canal Company and agent for the various bribes – committed suicide. Other defendants fled to England. On 7 December 1894…
Baron de Reinach
Carricature: The Panama Canal: Baron de Reinach is forced to swallow poison. Watercolour drawing by H.S. Robert, ca. 1897.