The morning after, December 14, the company suspended payments and petitioned the government for a three-month moratorium on bills and interest, so that a new company could be organized to continue the work. The news was immediately put on the wires and within hours newspapers around the world carried the story of “The Great Canal Crash.” At the Palais Bourbon, on the other side of the Seine, the Chamber of Deputies convened at once and the following day, December 15, 1888, turned down the proposal by a vote of 256 to 181. Within hours the appropriate court, the Tribunal Civil of the
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