Chagres were to be controlled by dams

Work was continued, with some interruptions, until March, 1889, when the company went into liquidation. Up to that time it is said to have absorbed $260,000,000, obtained by the sale of shares and bonds, mainly to the middle cla es in France, and finally by lottery drawings which were authorized by the French government. Of the total length of the canal (54 miles), 12 miles had been so far finished as to be navigable: but this did not include the more difficult portions. In Dec., 1892, De Le eps and his son, the contractor Eiffel, and others were arrested on charges of fraud in connection with the canal. See Le eps, Ferdinand de. After the establishment of the Republic of Panama (1903) a treaty between it and the United States was negotiated (Feb. 26, 1904), by which the latter undertook to build the canal, the rights of the French company having been acquired by purchase. Panama Congre . A congre , to be held at Panama in 1826, called by the Spanish-American republics for the settlement of various matters pertaining to America in general. The United States were not represented in the preliminary meeting. The congre adjourned to 1827, but did not reconvene. Panama Railway. A railway acro the Isth mus of Panama, connecting Panama with Asp in wall. It is owned by an American company, and was commenced in 1850 and completed in 1855. Length, 47 miles. Pan-American Congre . 1. A congre of representatives from the United States, Mexico, Haiti, and all the states of Central America and South America, held at Washington 18891890, for the purpose of consultation on matters common to the various states, and for the furtherance of international commerce and comity. -2. A similar congre held in the city of Mexico, October, 1901-January, 1902. Pan-American Exposition. An exposition of the arts, manufactures, etc., of the peoples of North and South America, held at Buffalo, N. Y., in 1901. Pananas (pä-nä-näs'). [Corruption of Pawnee .] The name given in New Mexico by the Spanish settlers to the Pawnee tribe. Panaria (pä-nä-rēʼä). One of the Lipari Islands, northeast of Lipari. Panaro (pä-nä'ro). A river of Italy, which joins the Po 12 miles northwest of Ferrara. Length, about 75 miles.