The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1852-06-18
The reported Tehuant~pee Grn.t,

IRON the New Orleans Ptcayune. June 9th
The conclusion OF the contract Of Mr. Sloo with the go
vernmen Of Mexico for the right of way the 18th
mus Of Tchuantepec l. no longer doubtful Parties
this city have received authentic letters by which IL Is
evident that nothing but formaity is wanting 10 close
the affair and by the next arrival the official intelligence
OF the signature and official copies Of the ratified con-
tract, are expected.
We published yesterday the decree of Congress, pre-
scrsing the terms upon which the President is permitted
to make the contract The contract with Mr. sloo as we
understand Is strictly within the letter OF the decree
The leading articles are as follows
The right is granted Mr. Sloo and his associates to
open communication across the lsthmus Of Tehuante-
pee first by plank road and then by railroad canal
may be deemed expedent the privilege to be exclusive
for forty wears after the completion Of the road The
plank be commenced within year after the
date of the grant and to be completed posi-
be the railroad TO be commenced as soon thereafter
transit and transportation will justify and be completed
with all despatch
With the right of way Is granted tract of land Of one
league in width each side of the road with the priv
cge Of taking timber and any other material for the
rucon of the road from any of the public lands, the
grantee engaging to pay fair valuation for any private
lands he may take within the limit The grantee is to
collect transit dues at the end of the term this revert to
the government During the term the government is to
receive from the company twohs Of the net earnings
Of the road and after the end OF the term and the right
of collecting the transit dues revers to the government,
il is to pay in like manner. for another term OF forty
years two-fths Of the net earnings to the company
There is provision that each party shall have the APP
poment of agents to supervise and control the receipts
during each term in proportion to their several interests
The exclusive navigation of the river Coazacoalcos is
specially included as part of the grant.
The government agrees to admit free of duty, all art
Giles imported for The construction and maintenance OF
the road and impose duty tax charge OF any
kind upon passengers freight in transiu to lay no
tax or imposition upon the road, its funds or appurtc
and to exempt the steamers in the employ OF the
company for the transportation Of MAS and passengers
from any tonnage duties.
The agrees to erect sushsports of entry at
either end Of the road the company may approve
quires that custom house officers may be appointed along
the road for the protection Of the public revenue stPu
ates that the company shall discharge any person in
their employment who may be detected in smuggling,
and engages protect the grantee and his associates and
in the quiet possession Of their rights during
the continuance Of the law.
ii is stipulated that the road. when opened shall be
free and neutral to the Of all nations who
at peace with Mexico
These understand to he the terms Of the grant
completed and their liberality exces some surprise,
when read the obstinate enmity exhibited TO the To
huanepoc company and the bitter denunciaton Of Anne
rcans with which the Mexican press has teemed. 1t can
not be disputed that il Is very favorable grant and that
the speedy completion Of road under it may be readily
secured.