Eiffel Tower replicas and derivatives and one in the Isle of Man and sold shares to potential investors, including many prominent Blackpool families. When the corporation got into financial difficultly John Bickerstaffe stopped the scheme from collapsing and ensured the scheme was a success. The Blackpool Tower, though one of the oldest, is not a true replica of the Eiffel Tower and differs from the Paris tower in a number of ways: it is approximately half the height of the Eiffel Tower (158 m compared to 324 m), it is not freestanding and the base contains buildings which house entertainments including the Tower Circus and
Gustave Eiffel including Nouguier, Compagnon, the President of the City Council and reporters from "Le Figaro" and "Le Monde Illustré" completed the climb. At 2.35 Eiffel hoisted a large tricolour, to the accompaniment of a 25-gun salute fired from the lower level. By June construction had reached the second level platform, and on Bastille Day this was used for a fireworks display, and Eiffel held a celebratory banquet for the press on the first level platform. In 1887, Eiffel became involved with the French effort to construct a canal across the Panama Isthmus. The French Panama Canal Company, headed by Ferdinand de