After completing the first landing of the intended touch and go, the pilot readjusted the elevator trim, flap, and applied full power. As the speed increased to about 65 knots he attempted to select the climb attitude but found that the elevator control was jammed in the neutral position. The take-off was abandoned. However, the pilot was unable to stop the aircraft before it overran the strip and struck a levee bank. An inspection of the aircraft revealed that a small aerosol container had jammed the elevator control cables. Sometime prior to this flight the aerosol container had been left lying loose in the rear luggage compartment. It had rolled between the alloy mesh screen and the lower rear seat back into an area under the rear seat where it could foul control cables. When the take-off was abandoned very little braking was available, in the initial stages, because the aircraft was wheelbarrowing due to its speed and the jammed elevator.