| In 1885, due to the tremendous problems encountered in trying to excavate a sea-level canal, the plan was changed to include a single, temporary lock and other adjustments in order to speed up the availability of the canal for traffic. Still, it was of no use : in 1889, Lesseps' company was liquidated in order to pay back investors and banks from which the company had borrowed. The appraisal of the company's belongings - including equipment, maps, and the value of the land already excavated - wa...
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