The daily union. [volume] (Washington [D.C.]) 1845-1857, 1849-10-14
while the British government pays marked attention Ia
commissioners from far.inferior States

commissioners from farlnferior States.
From the New York Express.
The TREATY WITH NIcARAGuA.-We stated yesterda,
the fact that the United States charge daares at Mica
ragua had succeeded in negotiating treaty with tina
privileges granted to the Atantc and Pacific Ship Cana
Company" all citizens Of the United States The treaty
very important one, not only as regards the magn
Jude OF the work IN question, but 10 the effect il il
likely to produce in England. whose peculiar claims "a
the Mosquito territory, through part OF which the shiI
canal is TO- pass the readers Of the Express have been
made familiar with We therefore make the following
abstract OF the document embodyng the substance OF The
whole The terms OF the treaty are highly favorable Ia
the prosecution OF the magnificent enterprise the Ameri
can company have undertaken,
Article LIST grants To the aforesaid com the axc,s
right 10 construct, its own expense ship canal by
single route across the territory OF Nicaragua from the por
c by Of tie ST. johns rye % be morn on one a Ra
or any other port on the Pacific the engineers may
Article I'd provides that the dimensions Of the canal shall
be such admit the free passage Of vessels Of All
from ocean 20 ocean In case the engineers Of the compa
ny snail decide upon two or more points the Pacific
equally practicable the agreed upon shall be the nos
consistent with the mutual interests both oil the and
Article I'd binds the company to construct custom house
buildings at the exemtes Of the canal the Atlantic and
Pacific Tor the use OF the State and company itself
Article 4th promises that the privileges granted by the
treaty shall be enjoyed for period Of eighty five years.
counting from the day on which the shall be com
pleted
Article 9th binds the company pay the State Of Ncaa
~ me expiration Of one year from the date of the contract
and $1,000 each year thereafter until the completion Of
State may elect The company ALSO !. to make do o.
nation q $500 900 Of the canal stock to the STATE. :
Article 9th stipuates that State of Nicaragua sha
receive Tor It's proportion q the income of the enterprise
for the first twenty years % per annually the
capital employed in its construction, raie of per
cent annum and % year thereafter out
until the expiration Of the full period the term granted
The State also Is e receive 10 per cent Of the net profits,
company may establish between the two oceans whether
it may be by railroad carriage road, by any other
for the construction OF the canal.
Article 7th binds the company to make annual report
and expenditures on the work. 10 be properly certified
And the government reserves the right inspect at any
rec,ness Of the income and expenditures. -
Article 9Th stipuaies that the government shall have the
within year from the ratification of this contract said
stock be distributed wherever government may desire
stockholders shall always be citizens of the United States
Article 10Th binds the company commence surveys OF
contract In OF earthquakes, epidemc. wars etc.
the time necessarily lost will be included as part OF
provides that none Of these occurring the
canal be not completed in twelve years. whatever may
State. without indemnity.
Article 18th grants company the right to use, free
oil Charge and take rom the public forests all the wood
lime, necessary for the construction of the canal
Public lands for the erection Of houses and wharves are
Article 18th provides that these materials If taken from
private properly must be paid Tor any price the compa
Article 18th stipulacs that all articles the company re-
qure for the surveys and explorations shall be admtted
oduce within the territory OF the State any goods
chandse any other articles OF commerce, sale or
change, without paying the duties established BY law.
They also prohibited from importing any articles
which may be monopozed prohibited by State for
any purpose except Tor he oil the works Of the
A'ice 18th engages the government OF Nicaragua TO aid
the work every way In It's power Foreigners may work
Article 18th provides that the company shall secure as la
boers convicts capable OF labor, upon terms to be
Article l7h spulates the canal shall be open to the
commerce of all nations subject fixed and uniform ra
Article 18Th provides that all tariff. OF toll established by
the company shallh tho force Of law moment la
ragua. which shall be obliged sanction same Within
eight days after its reception Whenever these tariffs
altered the company are bound give six months previous
notice OF such deeun pa per of Ncara-
qua, and in the principal seaport Of United
Articles 10Th, 2oh. 2ls and 22d s:ipuate that Nc,ra
qua shall have favorable taG than other countries
Of duties charges Of any kind duties be levied
on any goods passing through the canal board any
Article, 22d, I'D, and 2ih, obge the company to fur
nish annually list Of what vessels employs Passports
by government Natives Nicaragua are 70 have free
navigation Of the canal with all vessels except
La cases Of government neceses the company promises
TO transport all officers OF the from Of the
route TO the other, free Of charge.
N'n, anu pfoVlue correspond
ence OF the State shall be conveyed free the canal Ia
return for which, government will carry all the pond
ence the company may have, within It's jurisdiction, free
OF postage
The company binds itself construct bridge, upon that
part Of the canal that may be made between
the Pacific upon such principal highways may ayiee
upon between the STATE and the company. Provision
also made for the collection OF tolls which be equally
divided between the parties respectively Eight
OF land, are granted 70 the company along the banks OF the
length and in width. This TO facilae the coon
OF lands contiguous TO the canal The Sme reserves
right 10 erect military Qualifications buildings
Moreover these lands be aenated any govern.
ment whatever.
Articles 2sth, 29th and 3Oh stlpuate that al person,
settling the land, granted the company shall be sub.
ject to the laws OF Nicaragua.
These the most prominent and important features
the contract The remaining articles provide that Stale
binds itself 10 protect and defend the company the full
enloymen, OF the rights and privileges granted in this
lract and also binds itsei with, cede TO-
any government individual, companies Whatsoever, the
right OF constructing ship canal railroad any other
oss its territory between the oceans
expressly stipulated the OF the OF Nicsra-
qua, that the vessels products and ctizens
canal through the territory OF the State subject
higher duties charges than shall be
upon those Of the United States provided always such
tons shall hrst enter into such treaty. stipuatons and
tered into between the Sao Of Ncaragua United
States.
From the Boston Post
Great britain and the mosquiusn Territory.
Great Britain has put in claim OF no small moment,
both 10 the politics and TO the OF this coun
try and which the people will insist being resist
ed This relates TO the Mosquitan kingdom, no called
the claim set up by Great Britain the exclusive navga