New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1853-10-29
A NEW ROUTE TO THE PACIFIC.

From Central America we have accounts of the
negotiations between Dir L. GEORGE SoUlER, as the
agent of Company of wealthy capitalists in this city
ard tie Government OF San Salvador, with regard to
new channel Of nterOceanic communication across the
territory oftLat State This scheme has been for months
in preparation and seems TO promise decided adyan-
taCes over Nicaragua Panama, Tehuantepec, Atrato'
or any other Of the various isthmus routes The line
on the Atlantic side is to begin at the Gulf OF ANA
tque OF some other convenient harbOr the Bay OF
Honduras, and traverse the cOuntry'as directly as
practicable, to the Gulfof Fonsecs on the Pacific The
distance from NewYork 10 the Atlantic depot Of the
road will be much less tLano the Tehsantepec ter
minus to San Juan del Norte, or Aspinwall. The
length Of tie road will be one TO two hundred
miles, and the Gulf OF Fonscca is far the best harbor
OIL the Pacific south of san Francisco We are assured
that at a moderate calculation the journey from New
YoIk to the Csh ornan metropolis viii be accomplished
in less time BY this route than by Vera Cruz, or even
by Teluantepec, supposDg that line 10 be opened
end worked with all possible success. Beside the
San Salvador route runs through a perfectly healthy
al well as very beautiful country, where road
can be built without costing the lives of its aborers,
and at much less expense than at Panama, Nicaragua
OF Teluauiopec
Nj SQUmR mt out to Central America some
months since to secure if possible, the right OF way,
and Other necessary privileges from the various states
through which tie line must run. We have now be-
fore us, IL Spanish, lis correspondence with tie
missioner of san Salvador from which . "O''' '''-'
that conditions are demande' '' '"a' Wv "'.'.
-, - - e.. - tie enterprise, and which
..,vriy rejects The Commissioner is evil
denly possessed with the idea that the United States
is nothing hut IN onuiyerous giant bent swallow
ie ell the rest Of mankind and that this railroad viii
simply commence the deeutton Of the Little State Of
san Salvador lie requires that no other Govern
mcnt fLal be stocklolder in the road. AMI that all
tie private stockholders shall renounce al other rights
against the state than those which they may have by
It's laws THUS il they are foreigners they required
TO abandon their rights under the public law OF the
world and to agree seek redrt for any violation Of
those rights in the courts OF San Salvador alone. The
Commissioner also requires preliminary to closing
tie contract deposit Of 100000 on which the State
VII pay per cent interest the principal to b. for
eted to the treasury in case the Company fail to fulfill
all their stipulatons.
To the first Of the above demands Mr. Squer re-
plies that az regards the United States the clause is
suIorfuous that Government being cOnssitutiOnally
prohibited from holding stock in any such undertaking
As for the second il is out OF the question Tor sub
scTbors 10 the Company to divet themselves OF their
national rights And as for the third, the Company
cannot lind itself by forfeiture until careful and COM
pete surveys lave left doubt to the practicabsy
Of the work After the engineers have renored that
tie route through san Salvador is perfectly feasible
tie Company viii give security to the amount Of
$4,000, or viii deposit 100000 in the Bank of Eng
land in tie hands Of any responsible third party as
guaranty for the faithful completion of the under
taking, but more than this they will not do and if San
Salvador adlcres TO the conditions she has proposed
the negotiations must be regarded Is ~ an end.
The reply OF the Commissioner 10 the eommunica-
tion Of Mr. Squier has not We. reached US We shall
take care, however to keep readers fully advised
touching tie progress Of this important enterprise