The Port Gibson herald, and correspondent. (Port Gibson, Claiborne Co., Miss.) 1848-18??, 1850-06-14

United States and Great Britain viii use their
good Offices to settle such differences in the
manner best suited TO promote the interest OF the
said canal, and TO strengthen the bonds OF
friendship and alliance which exists between
the contracting parties.
ARTICLE VII.
It being likewise desirable that no time should
be unnecessarily lost in commencing and con-
structing the said canal. the governments of the
United States and Great Britain determine to
give the support and encouragement to such
persons or company as may first offer to COM
mence the same, with the necessary capital, the
consent OF the local authorities and on such prin-
ciples as accord with the spirit and intention OF
this convention; and if any persons or sompsny
should already have, with any state through
which the proposed ship canal may pass, con-
tract for the construction of such canal AS that
specified in this convention, to the stipulations
Of which contract neither of the contracting par
ties in this convention have any just cause to
object, and the said persons or company shall,
moreover, have made preparations and expended
time, money, and trouble, on the faith of such
contract it is hereby agreed that such persons or
company shall have priority Of claim, over ev-
cry other person, persons, or company, to the
protection of the governments OF the United
States and Great Britain, and be allowed year
from the date Of the exchange o! the ratifcations
of this convention for concluding their arrange
ments, and presenting evidence OF sufficient capi-
tai subscribed to accomplish the contemplated
undertaking; it being understood that if, at the
expiration of the aforesaid period. such persons
or company be not able TO commence and carry
out the proposed enterprise, then the govern
r IL. ;toJ - Qrifo
shall be free to afford their protection TO any
other persons or company that shall be prepared
| to commence and proceed with the construction
of the canal in question.
| ARTICLE WIZ
The governments of The United States and
Great Britain having not only desired, in enter
/ ing into this convention TO accomplish particu-
| lar object but also to establish general princi-
pie, they hereby agree to extend their protection,
| by treaty stipuations, TO any other practicable
communications, whether by canal or railway,
across the sthmus which connects North and
South America. and especially TO the inter.ocean-
ic communications, should the same prove 10 be
practicable, whether by canal or railway, which
are now proposed to be established by the way of
Tehauntepec or Panama. In granting, hoxev-
er, their Joint protection to any such canals or
railways as are by this article specified It IS al
ways understood by the United States and Great
Britain that the parties constructing or owning
the same. shah impose nc. other charges or con-
dItons Of traffic thereupon, than the aforesaid
governments shall approve of as just and equita-
BILE; and that the same canals or railways, being
open to the citizens and subjects of the United
States and Great Britain, on equal terms. shall
also be open on like terms TO the citizens and
subjects of every other State which is willing to
grantthereto such protection as the United States
and Great Britain engage to afford.
ARTICLE TX
The ratiications of this convention shall be
proclaimed at Washington, within six months
from this day, or sooner, if possible.
In faith whereof, we, the respective plenipo-
tentiaries have signed this convention, and have
hereunto affixed our seals.
Done at Washington, the nineteenth day OF
April, Ammo Domini one thousand eight hundred
and fifty.
, JOHN NJ CLAYTON, II. 81
HENRY LYTTON BULWER, II. 81