Belvedere Palace, Franz was still anxiously awaiting the outcome of the American Civil War. As for the controversy over the exorbitant expenses of the Central American Colony, he hardly took it to heart.
Wool comes from the sheep, without the Central American Colony, Austria couldn't have profited handsomely from the American Civil War. Now, these profits were being spent on the development of the Central American Colony.
Since it was the Americans footing the bill, why should he feel distressed?
Being able to gain a foothold in the Central American region and plant a thorn in the Americans' backyard was already a huge win.
Although they hadn't gotten their hands on the Panama area, their influence had already spread into it. Franz's goal was just to delay the opening of the Panama Canal and cause some disruption; there wasn't necessarily a need to take over the land.
