The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1853-07-16

than were imagined at the time the report WAS pub
hkhed. Two thousand passengers are e1es1asea 70
depart Tor California aud arrive ut New YORK alone
from that state weekly and the intercourse between
New Orleans and the point Is five hundred per
week, it ID dol believed that the estimate az The
transit at 100 900, both ways, per annum, Il an ox-
sggerstion Ii is equally reasonable suppose that
by the time the railroad is pLed, the transt, both
ways, per annum will amount 10 500 000 Under
these circumstances We estimate the carriage, road,
buildings, material, steamboats, including steam
ship for the Gulf Of Mexico (nstead Of 1897 000 -
stated IN the seventy-fiih page OF the rePort), 70
COst NEUTRALITY-SUSPICIOUS.. $oOV,UW
Advance to Mexico, agreeable to contract,
to he deducted from the IS interest. 600 600
Advance TO pay expenses, also TO be re-
in case Of need .'................. 100000
Total. ..........~........s 90 600 900
have no doubt but that these two Inillisns Of
dollars will fully every contingency and il IL
quite probable that the last $500 900 win never be
called for.
My conviction is that the proceeds of the plank
road Will build the railioaG and II Is upon that calcu-
lation have based tie CHARTER therefore propose
to allow an interest OF per cent IN all cash sub
scrlpnons, until the com leton at the railroad when
let the road cost more less The cash subscribers
shall be placed on exact equality with myself and
my assigns, and fully participate in all the advan
tages OF the enterprise 1t is therefore provided That
no dividend Will be made until the completion Of the
railroad
The capital required to carry into effect this great
enterprise is but bagat.e compared with the
gigantic nature Of the undertaking. for il but sixteen
hundred thousand dollars DC expended, which is by
no means improbable, oue half that sum Is but
advances, and Is to be reimbursed, but $500 900 per-
manent cash outlay will be required and for this
sum the whole trade III the Pacific ocean win be
controlled and attracted III New Orleans. The
amount OF prosperity t'iat will thus he attained by
this city is beyond calculations; and the honor the
influence, and the profit viii rebound to the Tehu-
antepec Company and the owners OF its stock.
lDasmuch as the New Orleans Company have ex
pended considerable OF money in q survey eli
the route which it il just should be refunded 10
them, now propose IL all the stockholders in that
company that they subscribe an equal sum 90 the
TehuaDtepec Company, ard will refund the aggre-
gate amount already paid by each of them to the
New Orleans company out = my full paid stock.
1 have thus, M briefly As the nature Of the ease
would admit Of laid ny vews before you, and hope
shall not be considered obtr rive in asking You 70
support and sustain IN carrying into effect the
great object, for the attainment OF which have 70
long and so unremtinely labmed. Bus l an firmly
convinced that notwithstanding the INSCRIPTIONS
and bitter opposition that have mad to encounter
during the long period OF this tant negotiation,
and which is still continued shall succeed in com
pleting the road. A. q. SLoo.
SUITS AGAINST A. G. sLoU For THE RECOVERY OF SIX
HUNDRED THOUSAND DOLLARS.
An application m de to the Supreme Court in
this city, the 18th ut, by de p. Falconet Tor an
attachment against the property of A. G. Hloo, for
the purpose OF recovering the OF $500 600 said
to have been advanced t the Mexican governmsn
by the plaintiff in consul, ration for the grant giyei
to defendant Of the right OF way the Isthmu
OF Tehnantepec, which application was granted BY
Judge Morris, and the attachment allowed TO issue.
By the following, which copy from the Cyy%
cent City OF the 2eth ultimr it appe AIS that an I'D
pcatiOn for the same purpose and made by the same
individual, is before the Second District Court Of
New Orleans:-'' suit has been filed in the Second
District Court, by Franc,-co de Palezieux Faeonet
residing in the city OF Next - wherein he claims Of
A. G. Sloo the sum Of $500 ,UOU for advances made
said Soo to procure him the right Of building rail-
road across the Ishmus nf rehuantepec Petitioner
alleges that said Sl' O. being in The city Of Mexico in
the year 1862, engaged in the endeavor to procure
from the Mexican goveIn eut the right Of way across
the lsthnus OF Tehuanepe;, AID being desir0us Of
returning to the United Stare- before the completion
Of said business, gave his procrton to William de-
Lee and Angel lturb6r, authorizing them TO con-
tract for said right 81 way aud to employ the
services Of such persons, as they might think
proper to procure said right Of wayn
"In pursuance OF this procnraiion, said william
De Lee, on the 9th OF February, 1852, made con-
tract with the Mexican government, and BY the
terms thereof it stipulated that the sum Of $780,
GOO should be paid I. the supreme government In
cakh, and further OF $500 00O ia monthly pay
nents Of $4,000 William De Lee not being able
to make any OF tlese payment, applied to plaintiff
for the amounts, ard alre'd that If plaintiff would
pay them, he Ode Leg wouId, Jointly with the other
parties interested in sad cession give To- pAtev.
ia. lpsdVa &ay, un6 would bind all the property Of
said Sl00 for the reimbursement of SAID advances,
and would give bill OF exchange for the amount at
sixty days sight on Sloo in New Orleans. The mo
ney was pad and the contract tealed.
1T is alleged that Sloo sers ards approved the
acts Of his agent, William De Lee in the premises,
but refused to honor tie draft for tho money a.
vanced by plaintiff unless the Mexican government
should ratiy the Tehuaoteiec grant by treaty with
the United States, but provided to honor the drafts
Immediately on the ratification Of the treaty. Il Is
further alleged that, alter tie ratification OF the
treaty, Soo refused to honor the drafts wherefore
this suit is brought for the amount OF 100000 with
legal interest from the 10th OF February, 1863"