Jasper County Democrat, Volume 11, Number 39, Rensselaer, Jasper County, 17 October 1908 — THE PANAMA CANAL SCANDAL. [ARTICLE]

THE PANAMA CANAL SCANDAL.

Everyone remembers the secrecy with which the Roosevelt administration carried through the negotiations’ which resulted in the purchase of the interests in the old French company. The United States paid for the French rights 110.000,000 It was announced that the payment of that sum was a great boon to the thousands of French peasantry - who held stock'in the company. And now it turns ouU ac.corxL fng to a Paris dispatch to the Chicago News ( a paper which has been supporting Taft) that a syndicate of Americans, including J. Pierpont Mor-] gan, Charles P. Taft (a brother of the 1 Republican candidate), William Nelson Cromwell and others bought up the French interests for about 13.500,000 and turned the property over to the United States for 140,000,000, making a profit of over 336,000,000.