concession

SALLY



Concession is peice of land given to one on the condition you use it for a certion purpose. The french company led by Ferdinand de Lessseps, bought a concession from Columbia lasting 25 years to build the Panama Canal/ The french quit after 10 years after half of everyone dies of malaria. It was also seriosly mismanaged.

source Pathways to the present and pictures from http://www.hq.usace.army.mil/history/Vignettes/Panamacanal_const.jpg