The daily union. [volume] (Washington [D.C.]) 1845-1857, 1849-01-21

!els $50 600 cas- os5 900
Se0,937 500 S2ls,56525O
The variety and amount of articles constantly on
hand the British warehouses, shown in these tables
for domestic consumptonhe supply of her commerce and
manutactues-is truly surprising Ii will be seen that
than oneft of all the imports reexporIed, and
acted her merchants would have been required pay
than two hundred and eighteen millions OF dollars
five articles alone, from which they were relieved by the
warehousing system.
The total value Of articles imported the United States
ed 81 956so6 Thus it will be that export
but lille than oneiiosntish OF our imports and that
larger in proportion to her imports than and
tually nine times larger than Now, II by the con
the of trade as to bring almost in central posi-
lion between Europe and Asia, it impossible
great depos and our cities the mars OF modern commerce
There two important provisions in the charter which
privileges of the company The first is in article e. which
stpulates that he company shall be Obliged to convey,
be delivered it, and that the price Of conveyance along
the whole extent OF the railroad shall not exceed eight
reasone cent PoanaTPe , Ionn Ia ne ~ "a
follows:
The the receipt Of the tolls and for trans
with puncuaty and expedition and wom national
materials of every description which may entrusted
which shall be transported without abatement the of
msnt in iavor of any ONE
These spuations proper, and present the intentions
OF the Grenadian government in very favorable light but
is well to remark that ii this charter in the hands
of foreign rany, whose movements zoe could not
exercise CONTROL and whose interests might be,
Osud be- adverse ours, is by impossible that
future administration of that government might consent
to rescnd these restrictions and that heavy and runous
exactons might not be the consequence
1t may, therefore, be regarded fortunate circnm-
stance that this charter has fallen into the hands our
citizens and that their application for id may enable the
government IN granting It, to place such restrictions on
their future movements as shall be perfect guaranty
against action OF the company adverse nteie
This alone is weighy consideration with the COM
mittee in the recommendations which they about to
make
The first section of the thirtyith article of the Treaty
Of peace navigation and commerce with the republic OF
New Grenada which ratified In this city on the 18th
day of June last, is as follows
The United States America and the republic of New Grenada
established The by of this treaty
declared soemnly and do to the following points
and has been stipulated high con,raeag parties
The III ns s 81 sS sw IF tine u s.e o s s %
the ,enaa,n Territory generally hIs q PaaG
the exemptions privileges and immunites concerning
s ARE or ann DC ,
equality Of favor shall be made to extend to the
the said territory the other The
right way Of upon any modes
OF that now exist or that may be hereafter con
United States and for the Of any articles Of produce
the citizens Of the United States that other tolls charges
@ or ,Ss & h citizens Of the
nal that be made by the government of New Grenada
upon and collected o% the Gpsnadsn en
as @ on s'sas tho
other either direction for the Of other
having paid duties they drawback upon
% ar ns Of ns GnS s s ns be
liens not subjected for thus passing the said shmus And
Of these advantages and especial for
positively Nsx Slsaads By
that the may
exists and consequence the United States guaranty the
the rights of sovereignty and property which
Grenada has and possesses the said territory"
The second section declares that he present treaty shall
remain in full force and vgor for the of twenty
from the day of the exchange of notifications" Aud the
third section stipuates that Notwithstanding the forego-
ing neither party notices to the ether its intention OF
forming of or all the articles of this treaty twelve months
before the expiration OF The twenty years stipulated above
the said treaty shall remain binding on both parties beyond
the said twenty years, until twelve months from the time
that Of the parties notifies its intention OF proceeding
reform"
Grenada, in which we virtually guaranty her sovereignty
and independence for the of twenty years, and
much longer neither party shall notify the other of sits
intention of proceeding TO reform OF the treaty. This
is very wide departure from our foreign policy hith
erto and ts Justification is only 10 be found in the ext
gency of the caaethe overriding necessities OF oar posi-
ton with reference to territories the Pacific The
pass the ishmus Of Panama is the only route by
which easy regular and speedy nmunication be
established with them and by which, in fact, has already
been established; and there is power earth. except
New Grenada herself, which may say To Thou shalt
not the isthnn's" without meeting the prompt
sistance of the whse power of the Union Tbs treaty.
thereors,s but simple advertisement to all the world
that for The years, least, WILL with
the permission of New Grenada the isthmus of Pa
mama, and you not Interfere This is what
should If there treaty, and therefore there is
harm saying IL in the treaty. The stipulation wbic
places the citizens Of the United States equality
with respect the transit OF passengers and freight,
with those of New Grenada doubtless intended to
protect American interests from unreasonable i'm
proper exacons But, rs the quantity Of freight and
number of passengers belonging New Grenada which
will pass the railroad will be small in comparison
the commerce and travel from the United States, it is do
ing that government injustice to imagine that
this undertaking IN the hands oi foreign company, 1t
might regulations which would be felt by
citizens, but which would be perfectly ruinous
and besides the treaty does propde the commerce
citizens subjects Of other shall be placed by
any company, more favorable footing than those of
New Grenada, and consequently than
The guaranty OF the government OF New Grenada the
government OF the United States oil the right OF way
transit "the sthmus of Panama, uIon any modes
OF communication that now exist, that may be here
after constructed" simply means that the government OF
New Grenada will forbid from crossing the isthmus
railroad if we pay tor II that the ciuzeus OF the
United States may be required to pay much the gov
New Grenada may that the citizens
republic shall paythough the merchandise. subjects
citizens OF other countries might be allowed pass
half the price. To guard against mpoons from any
quarter, and the interests of the United States be-
yond contingency, the committee have deemed 1t proper
the bill submitted hereu it'll, provide that large
orty OF the stock OF the railroad shall be held by American
citizens.
Much has been said respecting communication across
the shnus OF Iehuanepec and representations have been
made that the depth OF the bar sufficient to