New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1849-10-12
TIE Treat, ~ith Nicaragua.
Toe E-prs,s pub. shes TIE following as sun

T.. -rss. 10 the Aforesaid Company the ~
elusive .ht 70 construct, - o.. o"n eAPeh'' ~
qua from the per. of s. JoAH- Or sny other moe
feasible 5irs o. the al-ntc, % means O. he = s'nr
River 20 the poF. u Rsseo Or sDy oihsr por' Oh nc
7.cihc the engineers msy scc.to r2oa-
Article I'D provides that the cmsnsloni 81 NE ca
nsl .b - .uf "a 10 admit the free passage Of Vesses
Ut all sH4. from - ocean. 10 es-e the Engineers
n The Company .hsll decide upon ,Fo or more pon.
% lie Pscifc a. eqasly practicable the one szreea
r.pou shall b. that most consistent Win ne WstlA h
tarss.. both 81 tee s,.te snd the Company
AErfcIx illi binds fho Company @ construct Gus
tofr-hcuse building - the eHtftltirs 81 tnr r'Na 20.
,hr Atlantic nd lseGe lor TIE uss q il= STATE ana
The Company itseL 49,,
sErrrtr IVA promise. lhal laeprFisses granted ~
the Treaty shan b. en- ly-d ioi priio4 o. cs"Jt'e
years counting frcm l1 ~ ca vhcn ne csaai 'a--i
ARr,etr Vth binds tae Company 10 pay the state Of
Nicaragua $1,000 - ls the tre-iy s1s De- Fsl-ed
$40 GO X, he expiration VI enc yesf from TIE date o.
10 cortrq-t and 5000 esch year thereafter Until the
eolnuieriop OF the csnE. In-e payments - De mane
In Ecars Vs. Is the State rnsy olset &c Company
slso /, 10 make q donation Of s--JlyJ oi Tee eahs4
stock 20 IRE STATE -.
s5au receive or its proportion Of tnd income OF tue
naterprise Ter TIE Af,. twenty years ~ per cent an
au.y out Of the ret profits aficE uectcars ON
Inc r-crest OF the cspz employed ~ us hsifueiiohi
= tl. ~. d.. rrr cent per suuuiL and . per cebt
each wear thereafter Out OF toe sad ne, p-o1s sitf
deduc;n. The said per ceat Until TIE ez rhuoh OF tne
full period Of Inc term rran-cl Tue st-lr --'' - -
receive 10 per cent % the net prCh. without any de
dacson OF interest Of any route which the Company
may cstsb-h between the two ocos9f whether II may
Je BIZ railroad o- carriage road, or by any Otner means
Of communication, during the twelve years siahica ior
tie construction VI the cana.
sarrcrE Villa binds the Company 10 make sn annual
report aud account to tie aicaraelm government OF
tho receipts aud expenditures on the worSi-t0 be
properly certified. And the Government reserves the
light % inspect any tsle the books Of the Company,
satisfy itss 81 the corrsciuess Of tbs Income and
expenditures
haze the privilege Of taking canal stock 10 Toe amount
OF goo coo ihn year from the raiihcaton ot tns
contract said sock 10 DO tstfibui@d Wherever uoF-
ernment may desiTq.
Article lNth. however, propises that majority Of
these stockholders thsii slwsys 5e citizens OF the
United States.
AarrcrY ylh bia5s the Company 70 commence sur-
veys the work within year Of the date OF the rath'
cation of the contract In case OF earthquakes epdem
les, sc. the time necefssiily 80 lost vi" cot ce
included part Of The gfvon time
ARTICLE Xl,h provides thai none OF these occurring
If the Cans be not peted Ia twelve years Whatever
mag been done ~ the Coiopsny shall BE- forfeited
% the State. without indemnify.
ARTICLE Xilih grants 20 tie Company Ire rignt 70
use free OF charge end take lsom the public forests e
tbs wood lime &c nece-sarg Tor The construction 81
the Canal Pa1c lands, for Ire erection 81 houses and
wnarvss are also awarded o..
Aauctg XlIIth provides that these materials Il
taken private property, must be paid Tor, Al any
price tie Company and The owners may agree on.
Article XVIII siipulsiss that eli the articles the
COMPANY require, for the surveys and e2p!OrauoLs,
snail be admitted nts the State FREQ q duties but the
Company cannot Introduce within the territory u Tie
stste any good merchandise any other articles oil
commerce, for sole or excran.e without psying .as
duties established by l@~ They are also pfohiotei
from importing any articles which may be monopohzed
prohibited By the State for sEy purpose except ior
tie use Of the works Of toe canal
ARTICLE XVIII engages the Government oil Nefe
qua l. sid the work every vsy ID Ito power. FOR
sisners may work on the canal
ARTICLE XVIII provides that the Company snall
secure isborers any eonTcts capable OF Aoor upon
terms TO be agreed upon with the Stste.
AETIcLt XVlith stipus;es that tie canal shAii ps
open to abe commerce Of all nauous. subject 70 nNed
ana uniform rates Of tolls that msy be established oy
AxrrolA XvlII,h provides that all tariff. Of ton, -
tab.hed ~ the Company shaii have tho force % law
from in which ~ .hsii be communicate 20
the Government OF Nicaragua when shall be obliged
10 sanction The within eight days sfter ia recep
ion. whsnessr these t.fi. are ALTERED The cos"r-y
are bound give sH sassnsi pscrtvvs n"eor v 80"
determination In the -t.,e psy-r 81 Nicaragua anu IN
the principal seaport towns OF the United Stairs
ARrIcLrs XIXth XXih, AXIst and Nxlld snpuiftc
that Nicaragua shall have more itvOr-ole tsrr tnsn
other countries Government grants free ingress ano
seres. to all vessels free # sby duties or charges OF
any kind duties 20 be levied on any goods passing
through the canal GA board any vessel.
lHrrcLEs Xrlld, XXilii snd XXiNih otlse the
Company 20 furnish, annually, lat OF what VessesN
employs Passports to Ell ports IN NicAfasus 10 tnese
vsssels sre be granted by Government Natives "
NICARAGUA are 10 have free navigation OF the canal,
with All vessels except steamers In esses oil toFern
m-nt necessities. the Company promises TO transport
all officers Of the State from one end Of the route 70 tne
other, free OF charge. ... 81,
ARrfoLE. XVII, XVIII and AAVllih provide
that the correspondence OF the state email be conveyed
tree on the canal In return for which Government vii
carry sll the correspondence The COmPsby sJ nave
within II. ur sdictOp free Of postage.
The Company binds itself to construct bridges upon
that part Of the csnsl may be msds between sne
lakes and the Pacific upon such principal highways IS
NAV be agreed upon between The stale aud The COnDA
ny Provision ia also made tor tie COLLECTION OF tois
watch are 10 be equally divided between the pare' 70
,pectivey. Eight sections o. ia9 sc fs ssch
COMPANY along the banks VI the River 81 Jonn e"cn
section 70 be six English miles Ia ienBth anu sA ia
width This 10 facilitate the colonization OF snas con
tiruous 10 the canal The state reserves the nsnt 70
e'r-t military Qualifications and buildings thereon
Moreover these lands cannot be senaieo 10 any wv
eminent vhsteveT. - vvv.L ,,i,.
that All uersons ..ttsng the lands granted 70 tHe
Company shsl be subject TO the laws OF Nicaragua
These aye the most prominent and in poriAh y
OF the contract The remaining artcie- P,ofiuc 'Ha
the state binds Itself protect ana aeienu tle Soiii
pany In the ful jOynent OF the n=nis aAu .
Granted ia this contract and slso binds itseii hot 70
contract vita or cede TO- any Government indi'ISuA
or cornpanie. Whatsoever, the risht OF constructing
min canal railroad or any other conmunieauon acios
n. ferri,orv between the two oceans ks expressly
.tousted on the part OF the state Oi Nicaragua
he vessels products manufactures ana cuIens u ~,
nations shall be permitted 70 pass upon lne PIOP'oo
eauAl through the territory OF Toe so -, -
other or higher duties, charges OF tsAes' 'lHn 80
Sr..d ,,oor ,ho.e Of the Uoltsd States, provided
slxavs such nations shall nrst enter INTO suen IeAy,
stuula alton. and GUARANTEES respecting SAL esna -
NAV hereafter be entered into oet".eh '"r '-" %
| Nicaragus and the Un!ted STATES