The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1849-02-09

i.thmu: are open 70 s smsrstion Of fOrsieusrs Who
e.. ~" sns privileges Of holding lasds in foe.
snS .9 <nsnss Of elinsts a.d production
-: region, and moro from It's great wafer
powsi when abundant all the table land. your
psunosern firmly convinced that in the course Of
PIE iror. the United states and rope; sad thus
Snue all thsee rights will be In our own hands. the
1sr sgs Of our civilization will silently, but power
Besides these pbysics and moral advantages which
OF themsslves are sonieisnt 20 sAo. TIE Important
political kind not less Important than al Of them.
The policy Of ealtiva,ing the most fsudly re.toss
and OF cementipg the good understa nding which
SO happily exists between the United States aAd
Mexico must be strkipey obvious to every Amsrisan
| statesDan Politicsl friendships best secured
through the interests OF nations especially when they
be made mutual and tdenvieal. The broadcast
foundation laid for extensive and lucrative ooa-
meroe between The two countries from the fact that
We neishbors both by lard and see; with ports
fsciDe and almost in eight OF eaoh other and each
possessing what the other wants 10 IL, therefore,
clearly fer interests to take all the necessary
to promote this desirable end. Nothing could Do
ofTebusntepso, under the guidance snd capital from
the United States for the advantages will tally
wise policy h,r part will induce that republic TO
cherish the moet friendly relations With and hence
through tes n1m.n,anS 'pna.nos o. rss'p,oo;i COM
neghbor. All other routes carry US Into the land OF
strangers far from our own shores with interests
dssimiar not adverse. 70 ura and where, frem the
nature of the climate, and the character the people,
aation Of either political commercial relations
can be sovsntsgeously established. At the pre-.
sent moment everything oonspires to aid the under
taking, and to Insure for II successfu result; and
the st6mus have tesd the srsassst interest In the
project have given to 1t all the forms required Of them
their hearty appreciation and are afford all the
| facilities for the constr notion of road. -,
In addition. Jour petitioner will forth with take the
necessary stsps to obtain all proper guarantees from
the Of Mexico for the seeuri o. the rights
Of the company which he proposes foi m, In which
he has entire confidence that no viii succeed he
disposed to the pro+ eted road and have fuI percep
tion Of its importance to their country, but
ioGs f'r It's completion II suoii suss.nties are o.
rany for the Of the road he has
the slightest doubt that the requisite amount Of stock
will be subscribed and the road forth With commenced
In the mean time he docs not desire to prsciptats
the COVER emit Of the United States int any con-
tract until full assurance Is given Of the completion
OF the reed But be only asks that the COVER msnt
will not hastily commit Itself without full ledge
construct, in comparison with any and ell others
As to tho practiosbty Of the route 1t may be we'll to
give the words Ct the distinguished engineer who
surveyed it, and all Of which has the confident
viction of your petitioner to It's truth. He
The careful survey Of the line Of transit over tho
since 1t presents NO one serious difficulty which may
not be readily conquered by means OF capital and
suspcou. period sesm to have pi"osd s the disposal Of
the engineer Inc xhsu.tible and Unlimited powers'
Your petitioner has brought the prinop. fact. to the
notice Of your honorable body in the hope further
steps may be adopted which will Insure full sxsmins-
ton Of the resuts Of the survey In the drm onvoton
the value Of this route the United States in COM
municston with Its possessions on thePesiaS shore
p A. HARGOUS.
Mr. DAYTON next took the floor In support Of tho
bill We had binding contract involving an annual
expen,s Of for the transportation the malls
Panama to California and Oregon. This Isthmus Of
Panama 10 an intermediate gap, which the bill proposes
Underwood had Estimated 1t too low sts ndard the
costs OF the public transportation over this road and
,howsd that While pay from t.o to three per cen.
mail lines for the carrying Of the malls alone. We
propose payment less BY one half upon tho capital
stores and passenger: vs.tse ever. And the prso.
dents Of the steam,hips only justify this contract
nee.sy for tn. Of tn. work Mr.
! Dayton also commended that the Tehuantepec
and costing % much per mile the Panama road 1t
would take $l3 100000 to build It. and 1t could be
scarcely done In ten years, even II tho stock were
for the road 10 wanted only for temporary until
We shall have road through our territories to the
huantepec route there IL for ships Huas.
scu.co there being only twelve feet in the bav.
Mr. 1hat Sn ~. asns haS on
the other side?
Emf DAYroN-Seven feet In The bay Of Ts-
husntepec Now what chance 10 there for shipping
prevailing for four nonths IN the ys.si In the nat
ter of Distances the Tsh.sntspse had no advantage
over fansn. from the Atlantic asH ports From New
1900 difference Of 40, by the inner passage Of the
Florida csast; but then, ON account Of the Gulf
to 90 the eastern and south side Of Cubs which would
make the distance to Tshuantspeo $40 miles or $50
miles further than to Panama.
Mr.. Downs inquired II, by the mail arrangement
tho steamers not required to touch at New Or
leans thus making the distance to Hussacuaco much
Mr.. DAYrox admitted this to be the fact but this
would only apply to the two or three steamships, and
her fhA RnnlA ho fnnR n hnn ApoA
miles less. But, for the general trade ChAgres
BY far the most desirable point 1t had good hsrbor
other hand there was hsrbor either side
Of the Tehusntepee route where chips sosld enter -
were leo for that Of Panama And he contsnded that
i was the true policy Of the to encourage
this In the great which they propose TO
accomplish ON the terms Of the bill.
Mr.. WEBSTER desired to say very few words. Un-
less We pass this bill, shall nnd ourselves year
hence In the same condition that We now Nothing
will be done Whether We adopt this bill or not, We
should be governed by our views Of the necessity OF
Pacific where We have no Idea that without the
assistance in advance Of the pledge Of the
to aid In this work that 1t will ever be made. There
great sum Of money to be raised, requiring large
capital and an sxtensive credit, which only be
cured by the aid Of the government. After giving
tract for the right Of way Mr. Webster said that in
the large expenditure proposed should not be
public but BY III. larger ss1ot"
Of the general accommodation to BE- made for trade
ana commerce; by CONGREGATIONS OF pubic Conve-
nience and utility which important than the
question Of the prices TO be paid for the carriage Of
munitions Of war and public stores Referring to the
estimates Of Col Albert he observed that railroad Of
double track would cost about coo 000 allowing SO
per cent increase upon the cost of New England rail
roads on account OF the locality of the Panama route
and Its distance from the materials for the
single track 50 SIS 900. But there must be double
track, and including piers breakwsters 60 the
would amount to So 900 000 Now allowing the transit
Of 100 passengers day 1t the maximum hxsd BY the bill
fer the nrst four Of 50 eaoh and passage Of
100 tons Of goods at S. should have gross receipts
to the extent Of 81 600 the road and this would
require the arrival Of ship ships this side the
other every day. with hundred passengers and 100
tons Of freight Allow 800 working days In the year,
and the gross receipts for and goods would
be $4So,o0o. According to Col. Aberts estimates,
one half the gross receipts required for
the current expenses Of the road and the rcpss De-
duet these current expenses and have the net
cepts OF S0000 per the return for the IS O00
600 invested in tine work-about three per upon
the capital stock. MIR. Webster next entered into q